Buckle (BKE) AI Stock Analysis

• Market Cap: $2.94B
• Dividend Yield: 6.47%
• Average Volume (3M): 529.24K
• Price to Earnings (P/E): 14.4
• Beta (1Y): 0.84
• Revenue Growth: 1.62%
• EPS Growth: -2.57%
• Country: US
• Employees: 2,800
• Sector: Consumer Cyclical
• Sector Strength: 80
• Industry: Apparel - Retail
• EPS (TTM): 0.89
• Shares Outstanding: 51,156,967
• 10 Day Avg. Volume: 589,881
• 30 Day Avg. Volume: 529,235
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.87
• Enterprise Value/Revenue: 2.08
• Enterprise Value/Gross Profit: 4.25
• Enterprise Value/Ebitda: 9.82
• 1Y Price Target: $54.00
• Price Target Upside: -10.37% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 78 Outperform
• Price Target: $62.00 ▲(2.90% Upside)

Buckle's strong financial performance and positive technical indicators are the primary drivers of its stock score. The company's robust earnings call further supports its positive outlook, despite some challenges in specific product categories. The fair valuation and attractive dividend yield add to the investment appeal.

Buckle Business Overview & Revenue Model

Company Description

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. The company also provides services, such as hemming, gift-packaging, 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. As of March 11, 2022, it operated 440 retail stores in 42 states under the Buckle and The Buckle names. The Buckle, Inc. also sells its products through its website, buckle.com. The company was formerly known as Mills Clothing, Inc. and changed its name to The Buckle, Inc. in April 1991. The Buckle, Inc. was incorporated in 1948 and is headquartered in Kearney, Nebraska.

How the Company Makes Money

Buckle generates revenue primarily through the sale of its clothing and accessories, leveraging a multi-channel retail strategy that includes brick-and-mortar stores and e-commerce. The company employs a direct-to-consumer model, allowing it to capture a larger share of the retail price by reducing intermediaries. Key revenue streams include in-store sales, online sales, and exclusive brand collaborations. Additionally, Buckle offers a loyalty program that encourages repeat purchases and enhances customer retention, further contributing to its earnings. Partnerships with various brands also enable Buckle to expand its product offerings and attract a broader customer base.

Buckle Financial Statement Overview

Summary

Buckle demonstrates strong profitability and a solid financial position, with robust margins and efficient cash management. While revenue growth poses a challenge, the company's conservative leverage and high return on equity suggest sound financial health and operational efficiency.

Income Statement

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

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

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.23B	1.22B	1.26B	1.35B	1.29B	901.28M
Gross Profit	599.07M	592.79M	619.07M	676.00M	653.01M	400.67M
EBITDA	259.55M	263.50M	291.89M	346.99M	354.19M	188.88M
Net Income	195.82M	195.47M	219.92M	254.63M	254.82M	130.14M
Balance Sheet
Total Assets	977.33M	913.17M	889.81M	837.58M	780.88M	845.81M
Cash, Cash Equivalents and Short-Term Investments	291.77M	290.73M	290.42M	273.07M	266.90M	322.15M
Total Debt	369.69M	326.26M	315.41M	303.79M	288.34M	306.27M
Total Liabilities	532.06M	489.37M	476.59M	461.26M	467.96M	449.19M
Stockholders Equity	445.27M	423.80M	413.22M	376.31M	312.92M	396.63M
Cash Flow
Free Cash Flow	200.26M	199.74M	217.37M	212.02M	292.65M	219.76M
Operating Cash Flow	243.11M	242.01M	254.64M	242.38M	311.75M	227.42M
Investing Cash Flow	-43.50M	-45.28M	-41.77M	-41.40M	-28.77M	-768.00K
Financing Cash Flow	-198.15M	-198.02M	-196.74M	-202.88M	-347.80M	-128.83M

Buckle Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 60.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 60.25 is above the 20-day moving average (MA) of 55.93, above the 50-day MA of 51.19, and above the 200-day MA of 44.29, indicating a bullish trend. The MACD of 2.09 indicates Negative momentum. The RSI at 75.31 is Negative, neither overbought nor oversold. The STOCH value of 94.63 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BKE.

Buckle Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BKE	78 Outperform	$2.94B	14.40	43.13%	6.47%	1.62%	-2.57%
ANF	76 Outperform	$4.38B	8.75	43.30%	―	9.34%	10.61%
AEO	75 Outperform	$2.34B	13.83	12.17%	2.66%	-2.73%	-16.71%
VSCO	72 Outperform	$1.79B	12.84	31.35%	―	2.31%	―
Sector *	61 Neutral	$17.96B	13.14	-5.29%	3.00%	1.25%	-13.95%
TLYS	54 Neutral	$53.97M	―	-43.51%	―	-11.10%	-10.31%
FL	49 Neutral	$2.30B	194.63	-13.84%	―	-3.58%	-4.20%

Buckle Corporate Events

Buckle Announces Quarterly Dividend for Shareholders

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.