Buckle (BKE) AI Stock Analysis

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Buckle

(NYSE:BKE)

Rating:79Outperform

Price Target:

$57.00

▲(16.16%Upside)

Buckle's strong valuation and financial performance, coupled with positive technical indicators, contribute significantly to its solid overall stock score. The company's high dividend yield and commitment to shareholder returns further enhance its attractiveness. However, potential risks from overbought technical signals and challenges in specific sales segments could impact future performance.

Buckle (BKE) vs. SPDR S&P 500 ETF (SPY)

Market Cap

$2.51B

Dividend Yield7.95%

Average Volume (3M)428.29K

Price to Earnings (P/E)12.9

Beta (1Y)0.80

Revenue Growth-1.08%

EPS Growth-8.20%

CountryUS

Employees2,800

SectorConsumer Cyclical

Sector Strength64

IndustryApparel - Retail

Share Statistics

EPS (TTM)0.70

Shares Outstanding51,156,967

10 Day Avg. Volume422,246

30 Day Avg. Volume428,285

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)5.33

Price to Sales (P/S)0.00

P/FCF Ratio12.09

Enterprise Value/Market Cap1.00

Enterprise Value/Revenue0.51

Enterprise Value/Gross Profit4.20

Enterprise Value/Ebitda2.40

Forecast

1Y Price Target

$40.00

Price Target Upside-18.48% Downside

Rating ConsensusHold

Number of Analyst Covering1

Buckle Business Overview & Revenue Model

Company DescriptionBuckle, Inc. (BKE) is an American fashion retailer known for its wide range of casual apparel, footwear, and accessories for men and women. Established in 1948 and headquartered in Kearney, Nebraska, Buckle operates over 400 retail stores across the United States. The company targets fashion-conscious young adults and offers a variety of private label and brand name merchandise, aiming to provide personalized shopping experiences through its customer-centric service approach.

How the Company Makes MoneyBuckle generates revenue primarily through the sale of apparel, footwear, and accessories in its retail stores and online platform. The company's key revenue streams are derived from its diverse product offerings, which include both private label items and well-known third-party brands. Buckle's strategic focus on maintaining a curated selection of high-quality merchandise, alongside personalized service and loyalty programs, helps sustain customer engagement and repeat purchases. Additionally, the company's online sales channel contributes significantly to its revenue, offering an expanded reach beyond physical store locations. Factors such as effective inventory management, trend awareness, and strategic marketing partnerships also play a critical role in Buckle's financial performance.

Buckle Earnings Call Summary

Earnings Call Date:May 23, 2025

(Q1-2025)

% Change Since: 19.39%|

Next Earnings Date:Aug 15, 2025

Earnings Call Sentiment Neutral

The earnings call highlighted positive trends in net income, net sales, and women's merchandise performance, as well as improvements in gross margin and private label growth. However, challenges remain with increased SG&A expenses, declining men's merchandise sales, and a drop in footwear sales.

Q1-2025 Updates

Positive Updates

Increase in Net Income

Net income for the first quarter increased to $35.2 million or $0.70 per share, up from $34.8 million or $0.69 per share in the previous year.

Growth in Net Sales

Net sales rose by 3.7% to $272.1 million compared to $262.5 million last year. Comparable store sales increased by 3%, and online sales grew by 4.5%.

Women's Merchandise Performance

Women's merchandise sales increased by 10.5%, with the denim category seeing an 11% rise. This segment now represents 50% of total sales, up from 47% last year.

Improvement in Gross Margin

Gross margin increased to 46.7%, a 70 basis point improvement from the previous year, driven by a 60 basis point increase in merchandise margins.

Strong Private Label Growth

Private label sales represented 47.5% of total sales, up from 46% last year.

Negative Updates

Increase in SG&A Expenses

Selling, general and administrative expenses increased to 30.7% of net sales, up from 29.8% last year, driven by higher incentive compensation, health insurance, and equity compensation expenses.

Men's Merchandise Sales Decline

Men's merchandise sales decreased by 2.5%, and men's denim was down by 0.5% compared to the previous year.

Decrease in Footwear Sales

Footwear sales declined by 7%, representing 5.5% of first-quarter net sales compared to 6% last year.

Company Guidance

During Buckle's first-quarter earnings call for fiscal year 2025, the company reported a net income of $35.2 million, or $0.70 per share on a diluted basis, marking a slight increase from the previous year's $34.8 million, or $0.69 per share. Net sales rose by 3.7% to $272.1 million, with comparable store sales increasing by 3% and online sales growing by 4.5% to $46.4 million. The gross margin improved to 46.7%, driven by a 60 basis point increase in merchandise margins and a 10 basis point reduction in buying, distribution, and occupancy expenses. SG&A expenses increased to 30.7% of net sales, influenced by higher incentive compensation and health insurance costs, though partially offset by decreased e-commerce shipping and marketing expenses. The operating margin stood at 16%, slightly down from the previous year's 16.2%. The balance sheet showed inventory at $132.4 million, a 1.3% increase, and $320 million in total cash and investments. Capital expenditures for the quarter totaled $11.4 million, with $10 million allocated to store construction and remodels. The company completed five full store remodels, closed two stores, and plans to open seven new stores and complete 16 additional remodels later in the year.

Buckle Financial Statement Overview

Summary

Buckle demonstrates strong profitability with a high gross profit margin of 48.8% and a net profit margin of 15.9%. Despite a slight revenue decline, the company's EBIT margin is robust at 19.8%, indicating operational efficiency. The balance sheet is healthy with moderate leverage and a strong return on equity of 44%. Cash flow metrics are solid, supporting financial health and operational resilience.

Income Statement

Positive

The company shows strong profitability with a TTM gross profit margin of 48.8% and a net profit margin of 15.9%. However, revenue has slightly decreased by 1.5% from the previous annual report, indicating a challenge in sustaining growth. The EBIT margin remains robust at 19.8%, consistent with industry standards.

Balance Sheet

Positive

Buckle maintains a healthy balance sheet with a debt-to-equity ratio of 0.83, indicating moderate leverage. The equity ratio is 45.6%, showing a stable capital structure. Return on equity is strong at 44.0%, reflecting efficient use of shareholder funds.

Cash Flow

Positive

The company exhibits solid cash flow metrics with a stable operating cash flow to net income ratio of 1.24, and a free cash flow to net income ratio of 1.02, indicating strong cash generation relative to earnings. Free cash flow has grown by 0.3% from the previous period, showing resilience and efficient capital expenditure management.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.22B	1.26B	1.35B	1.29B	901.28M
Gross Profit	592.79M	619.07M	676.00M	653.01M	400.67M
EBITDA	263.50M	291.89M	346.99M	354.19M	188.88M
Net Income	195.47M	219.92M	254.63M	254.82M	130.14M
Balance Sheet
Total Assets	913.17M	889.81M	837.58M	780.88M	845.81M
Cash, Cash Equivalents and Short-Term Investments	290.73M	290.42M	273.07M	266.90M	322.15M
Total Debt	326.26M	315.41M	303.79M	288.34M	306.27M
Total Liabilities	489.37M	476.59M	461.26M	467.96M	449.19M
Stockholders Equity	423.80M	413.22M	376.31M	312.92M	396.63M
Cash Flow
Free Cash Flow	199.74M	217.37M	212.02M	292.65M	219.76M
Operating Cash Flow	242.01M	254.64M	242.38M	311.75M	227.42M
Investing Cash Flow	-45.28M	-41.77M	-41.40M	-28.77M	-768.00K
Financing Cash Flow	-198.02M	-196.74M	-202.88M	-347.80M	-128.83M

Buckle Technical Analysis

Technical Analysis Sentiment

Positive

Last Price49.07

Price Trends

50DMA

44.62

Positive

100DMA

40.38

Positive

200DMA

42.37

Positive

Market Momentum

MACD

1.47

Negative

RSI

67.20

Neutral

STOCH

74.53

Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BKE, the sentiment is Positive. The current price of 49.07 is above the 20-day moving average (MA) of 47.57, above the 50-day MA of 44.62, and above the 200-day MA of 42.37, indicating a bullish trend. The MACD of 1.47 indicates Negative momentum. The RSI at 67.20 is Neutral, neither overbought nor oversold. The STOCH value of 74.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BKE.

Buckle Risk Analysis

Buckle disclosed 18 risk factors in its most recent earnings report. Buckle reported the most risks in the "Legal & Regulatory" category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added 0 New Risks

Buckle Peers Comparison

Overall Rating

UnderperformOutperform

Sector (66)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BKE	79 Outperform	$2.51B	12.91	44.55%	7.95%	-1.08%	-8.20%
ANF	79 Outperform	$4.47B	9.10	46.98%	―	12.54%	25.47%
AEO	68 Neutral	$1.95B	11.07	12.19%	4.26%	-0.95%	-10.51%
Sector *	66 Neutral	€8.48B	14.74	8.46%	3.24%	3.88%	-25.90%
VSCO	61 Neutral	$1.66B	10.45	31.35%	―	1.45%	59.09%
FL	55 Neutral	$2.40B	194.63	-12.85%	―	-2.62%	0.93%
TLYS	52 Neutral	$59.40M	―	-47.54%	―	-8.79%	-15.17%

* Consumer Cyclical Sector Average

Performance Comparison

BKE

Buckle

49.07

10.56

27.42%

ANF

Abercrombie Fitch

92.34

-58.71

-38.87%

AEO

American Eagle

11.74

-9.74

-45.34%

Foot Locker

25.49

-2.54

-9.06%

TLYS

Tilly's

1.79

-3.63

-66.97%

VSCO

Victoria's Secret

21.48

3.41

18.87%

Buckle Corporate Events

Shareholder MeetingsDividends

Buckle Announces Quarterly Dividend for Shareholders

Positive

Jun 3, 2025

On June 2, 2025, The Buckle, Inc. held its Annual Meeting of Stockholders, where the election of the Board of Directors took place, and the selection of Deloitte & Touche LLP as the independent registered public accounting firm was ratified. The following day, June 3, 2025, Buckle announced a quarterly dividend of $0.35 per share, to be paid on July 29, 2025, to shareholders of record as of July 15, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders.

The most recent analyst rating on (BKE) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Buckle stock, see the BKE Stock Forecast page.

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 24, 2025