BKE Stock Summary and Trading Ideas (Buckle | NYSE:BKE)

Buckle Inc is a retailer of casual apparel, footwear, and accessories. The company retails medium to better-priced casual apparel, footwear, and accessories for fashion-conscious young men and women. It retails under the brand names 'Buckle' and 'The Buckle'. Buckle markets a wide selection of mostly brand-name casual apparel including denim, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear.

Buckle trades on the NYSE stock market under the symbol BKE.

As of April 23, 2024, BKE stock price climbed to $38.04 with 357,123 million shares trading.

BKE has a beta of 0.96, meaning it tends to be less sensitive to market movements. BKE has a correlation of 0.13 to the broad based SPY ETF.

BKE has a market cap of $1.93 billion. This is considered a Small Cap stock.

Last quarter Buckle reported $382 million in Revenue and $1.59 earnings per share. This fell short of revenue expectation by $-1 million and exceeded earnings estimates by $.15.

In the last 3 years, BKE stock traded as high as $57.10 and as low as $26.50.

The top ETF exchange traded funds that BKE belongs to (by Net Assets): CALF, IJR, SDVY, VTI, VB.

BKE has underperformed the market in the last year with a price return of +23.2% while the SPY ETF gained +24.3%. BKE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.5% and -2.6%, respectively, while the SPY returned +4.9% and -2.5%, respectively.

BKE support price is $36.05 and resistance is $37.31 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BKE stock will trade within this expected range on the day.