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BKE

BuckleNYSE:BKE Stock Report

Market Cap

US$2.1b

7D

0.2%

1Y

70.0%

Updated

22 Oct, 2021

Data

Company Financials +
BKE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

BKE Overview

The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States.

Buckle Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Buckle
Historical stock prices
Current Share PriceUS$42.40
52 Week HighUS$22.80
52 Week LowUS$50.79
Beta1.02
1 Month Change-0.26%
3 Month Change-1.85%
1 Year Change70.01%
3 Year Change108.87%
5 Year Change102.39%
Change since IPO1,981.46%

Recent News & Updates

Oct 03
If You Like EPS Growth Then Check Out Buckle (NYSE:BKE) Before It's Too Late

If You Like EPS Growth Then Check Out Buckle (NYSE:BKE) Before It's Too Late

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Sep 18
Should You Investigate The Buckle, Inc. (NYSE:BKE) At US$41.15?

Should You Investigate The Buckle, Inc. (NYSE:BKE) At US$41.15?

The Buckle, Inc. ( NYSE:BKE ), might not be a large cap stock, but it received a lot of attention from a substantial...

Aug 22

The Buckle, Inc.: Solid Performing Specialty Retailer

Brick and mortar stores are back open, and sales have ramped higher. Last year online sales helped to make up for the major shortfall in physical store sales. Margin power remains strong and earnings have expanded. Brick and mortar shopping is alive and well, and BKE has an attractive valuation relative to peers. We really like the stock if shares dip to the $30s.

Shareholder Returns

BKEUS Specialty RetailUS Market
7D0.2%2.3%1.7%
1Y70.0%40.6%30.3%

Return vs Industry: BKE exceeded the US Specialty Retail industry which returned 43% over the past year.

Return vs Market: BKE exceeded the US Market which returned 31.1% over the past year.

Price Volatility

Is BKE's price volatile compared to industry and market?
BKE volatility
BKE Beta1.02
Industry Beta1.56
Market Beta1

Stable Share Price: BKE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BKE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19484,950Dennis Nelsonhttps://www.buckle.com

The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise primarily comprising BKE, Buckle Black, BKE Boutique, Red by BKE, Daytrip denim, Gimmicks, Gilded Intent, FITZ + EDDI, Willow & Root, Outpost Makers, Departwest, Departwest, Reclaim, Salvage, Nova Industries, and Veece. The company also provides services, such as hemming, gift-wrapping, layaways, guest loyalty program, the Buckle private label credit card, and personalized stylist services, as well as special order system that allows stores to obtain requested merchandise from other company stores or its online order fulfillment center.

Buckle Fundamentals Summary

How do Buckle's earnings and revenue compare to its market cap?
BKE fundamental statistics
Market CapUS$2.08b
Earnings (TTM)US$215.93m
Revenue (TTM)US$1.16b

9.6x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BKE income statement (TTM)
RevenueUS$1.16b
Cost of RevenueUS$477.20m
Gross ProfitUS$686.88m
ExpensesUS$470.96m
EarningsUS$215.93m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

Nov 19, 2021

Earnings per share (EPS)4.41
Gross Margin59.01%
Net Profit Margin18.55%
Debt/Equity Ratio0%

How did BKE perform over the long term?

See historical performance and comparison

Dividends

7.8%

Current Dividend Yield

29%

Payout Ratio

Valuation

Is Buckle undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BKE ($42.4) is trading below our estimate of fair value ($292.96)

Significantly Below Fair Value: BKE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BKE is good value based on its PE Ratio (9.6x) compared to the US Specialty Retail industry average (10.2x).

PE vs Market: BKE is good value based on its PE Ratio (9.6x) compared to the US market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: BKE's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: BKE is overvalued based on its PB Ratio (4.3x) compared to the US Specialty Retail industry average (3x).


Future Growth

How is Buckle forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-5.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BKE's earnings are forecast to decline over the next 3 years (-5.1% per year).

Earnings vs Market: BKE's earnings are forecast to decline over the next 3 years (-5.1% per year).

High Growth Earnings: BKE's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BKE's revenue is expected to decline over the next 3 years (-5.4% per year).

High Growth Revenue: BKE's revenue is forecast to decline over the next 3 years (-5.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BKE's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Buckle performed over the past 5 years?

10.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BKE has high quality earnings.

Growing Profit Margin: BKE's current net profit margins (18.5%) are higher than last year (11.6%).


Past Earnings Growth Analysis

Earnings Trend: BKE's earnings have grown by 10% per year over the past 5 years.

Accelerating Growth: BKE's earnings growth over the past year (125.7%) exceeds its 5-year average (10% per year).

Earnings vs Industry: BKE earnings growth over the past year (125.7%) underperformed the Specialty Retail industry 158.2%.


Return on Equity

High ROE: BKE's Return on Equity (45.2%) is considered outstanding.


Financial Health

How is Buckle's financial position?


Financial Position Analysis

Short Term Liabilities: BKE's short term assets ($537.5M) exceed its short term liabilities ($226.1M).

Long Term Liabilities: BKE's short term assets ($537.5M) exceed its long term liabilities ($229.0M).


Debt to Equity History and Analysis

Debt Level: BKE is debt free.

Reducing Debt: BKE has not had any debt for past 5 years.

Debt Coverage: BKE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BKE has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Buckle current dividend yield, its reliability and sustainability?

7.83%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BKE's dividend (7.83%) is higher than the bottom 25% of dividend payers in the US market (1.27%).

High Dividend: BKE's dividend (7.83%) is in the top 25% of dividend payers in the US market (3.49%)


Stability and Growth of Payments

Stable Dividend: BKE's dividend payments have been volatile in the past 10 years.

Growing Dividend: BKE's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.5%), BKE's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.6yrs

Average management tenure


CEO

Dennis Nelson (71 yo)

24.58yrs

Tenure

US$5,655,228

Compensation

Mr. Dennis H. Nelson has been President of The Buckle, Inc. since April 19, 1991 and also has been its Chief Executive Officer since March 17, 1997. Mr. Nelson began his career at Buckle Inc. in 1970 as a...


CEO Compensation Analysis

Compensation vs Market: Dennis's total compensation ($USD5.66M) is above average for companies of similar size in the US market ($USD3.50M).

Compensation vs Earnings: Dennis's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: BKE's management team is seasoned and experienced (7.6 years average tenure).


Board Members

Experienced Board: BKE's board of directors are seasoned and experienced ( 17.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

The Buckle, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: The Buckle, Inc.
  • Ticker: BKE
  • Exchange: NYSE
  • Founded: 1948
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: US$2.075b
  • Shares outstanding: 48.95m
  • Website: https://www.buckle.com

Number of Employees


Location

  • The Buckle, Inc.
  • 2407 West 24th Street
  • Kearney
  • Nebraska
  • 68845-4915
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 22:56
End of Day Share Price2021/10/22 00:00
Earnings2021/07/31
Annual Earnings2021/01/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.