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BKE

Buckle NYSE:BKE Stock Report

Last Price

US$33.39

Market Cap

US$1.6b

7D

7.0%

1Y

-23.5%

Updated

17 May, 2022

Data

Company Financials +
BKE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends4/6

BKE Stock 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$33.39
52 Week HighUS$57.10
52 Week LowUS$29.90
Beta0.92
1 Month Change2.74%
3 Month Change-13.65%
1 Year Change-23.47%
3 Year Change83.66%
5 Year Change99.94%
Change since IPO1,539.15%

Recent News & Updates

May 11
Should You Be Adding Buckle (NYSE:BKE) To Your Watchlist Today?

Should You Be Adding Buckle (NYSE:BKE) To Your Watchlist Today?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

May 10

The Buckle: An Interesting Opportunity In Retail

The Buckle has only recently seen an improvement in sales, but overall bottom line results have been getting better for years. How cheap shares depend on how you price them, but on the whole, the company doesn't look pricey. Though the company may make for a decent prospect for long-term investors, the historical decline in store count causes long-term uncertainty.

Apr 20
Should You Think About Buying The Buckle, Inc. (NYSE:BKE) Now?

Should You Think About Buying The Buckle, Inc. (NYSE:BKE) Now?

The Buckle, Inc. ( NYSE:BKE ), is not the largest company out there, but it received a lot of attention from a...

Shareholder Returns

BKEUS Specialty RetailUS Market
7D7.0%2.9%2.7%
1Y-23.5%-23.0%-8.1%

Return vs Industry: BKE exceeded the US Specialty Retail industry which returned -25.7% over the past year.

Return vs Market: BKE underperformed the US Market which returned -10.8% over the past year.

Price Volatility

Is BKE's price volatile compared to industry and market?
BKE volatility
BKE Average Weekly Movement6.1%
Specialty Retail Industry Average Movement8.4%
Market Average Movement7.8%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market2.9%

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
19485,550Dennis 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, Salvage, Red by BKE, Daytrip, Gimmicks, Gilded Intent, FITZ + EDDI, Willow & Root, Outpost Makers, Departwest, Reclaim, BKE Vintage, Nova Industries, J.B. Holt, and Veece.

Buckle Fundamentals Summary

How do Buckle's earnings and revenue compare to its market cap?
BKE fundamental statistics
Market CapUS$1.63b
Earnings (TTM)US$254.82m
Revenue (TTM)US$1.29b

6.5x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BKE income statement (TTM)
RevenueUS$1.29b
Cost of RevenueUS$520.92m
Gross ProfitUS$773.69m
Other ExpensesUS$518.87m
EarningsUS$254.82m

Last Reported Earnings

Jan 29, 2022

Next Earnings Date

May 26, 2022

Earnings per share (EPS)5.15
Gross Margin59.76%
Net Profit Margin19.68%
Debt/Equity Ratio0%

How did BKE perform over the long term?

See historical performance and comparison

Dividends

21.1%

Current Dividend Yield

26%

Payout Ratio

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: BKE ($33.39) is trading below our estimate of fair value ($226.28)

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


Price To Earnings Ratio

PE vs Industry: BKE's PE Ratio (6.5x) is in line with the US Specialty Retail industry average.

PE vs Market: BKE is good value based on its PE Ratio (6.5x) compared to the US market (15.5x).


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 (5.3x) compared to the US Specialty Retail industry average (1.9x).


Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-0.3%

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 (-0.3% per year).

Earnings vs Market: BKE's earnings are forecast to decline over the next 3 years (-0.3% per year).

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

Revenue vs Market: BKE's revenue (4.5% per year) is forecast to grow slower than the US market (7.9% per year).

High Growth Revenue: BKE's revenue (4.5% per year) is forecast to grow slower than 20% 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?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


21.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BKE has high quality earnings.

Growing Profit Margin: BKE's current net profit margins (19.7%) are higher than last year (14.4%).


Past Earnings Growth Analysis

Earnings Trend: BKE's earnings have grown significantly by 21.5% per year over the past 5 years.

Accelerating Growth: BKE's earnings growth over the past year (96.1%) exceeds its 5-year average (21.5% per year).

Earnings vs Industry: BKE earnings growth over the past year (96.1%) exceeded the Specialty Retail industry 82.9%.


Return on Equity

High ROE: BKE's Return on Equity (81.4%) is considered outstanding.


Financial Health

How is Buckle's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: BKE's short term assets ($391.2M) exceed its short term liabilities ($248.5M).

Long Term Liabilities: BKE's short term assets ($391.2M) exceed its long term liabilities ($219.4M).


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?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


21.11%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BKE's dividend (21.11%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: BKE's dividend (21.11%) is in the top 25% of dividend payers in the US market (4.06%)


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.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.8%), BKE's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (119.3%), BKE's dividend payments are not well covered by cash flows.


Next Steps

Management

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

8.2yrs

Average management tenure


CEO

Dennis Nelson (71 yo)

31.08yrs

Tenure

US$11,994,209

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 ($USD11.99M) is above average for companies of similar size in the US market ($USD5.45M).

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 (8.2 years average tenure).


Board Members

Experienced Board: BKE's board of directors are seasoned and experienced ( 18 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
  • Implied Market Cap: US$1.632b
  • Shares outstanding: 49.50m
  • 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 Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2022/01/29
Annual Earnings2022/01/29


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.