Rocky Brands (RCKY) Expected to Announce Earnings on Wednesday

Rocky Brands (NASDAQ:RCKY) is expected to be releasing its earnings data before the market opens on Wednesday, February 26th. Analysts expect Rocky Brands to post earnings of $1.21 per share and revenue of $125.44 million for the quarter.

Rocky Brands Price Performance

NASDAQ:RCKY opened at $24.05 on Wednesday. The company has a market cap of $179.17 million, a P/E ratio of 13.51 and a beta of 2.10. The firm’s fifty day moving average price is $23.65 and its two-hundred day moving average price is $25.93. Rocky Brands has a one year low of $19.65 and a one year high of $40.14. The company has a debt-to-equity ratio of 0.62, a current ratio of 2.79 and a quick ratio of 0.93.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on RCKY. Robert W. Baird reduced their price objective on Rocky Brands from $32.00 to $25.00 and set a “neutral” rating for the company in a report on Thursday, October 31st. StockNews.com downgraded shares of Rocky Brands from a “buy” rating to a “hold” rating in a research note on Saturday, February 8th.

Rocky Brands Company Profile

Rocky Brands, Inc designs, manufactures, and markets footwear and apparel in the United States, Canada, and internationally. It operates through Wholesale, Retail, and Contract Manufacturing segments. The Wholesale segment offers products, which includes sporting goods stores, outdoor retailers, independent shoe retailers, hardware stores, catalogs, mass merchants, uniform stores, farm store chains, specialty safety stores, specialty retailers, and online retailers in retail locations through a range of distribution channels.