Rocky Brands Stock Today
| RCKY Stock | USD 26.66 0.77 2.97% |
Performance0 of 100
| Odds Of DistressLess than 1
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Rocky Brands is trading at 26.66 as of the 20th of April 2024; that is 2.97 percent increase since the beginning of the trading day. The stock's open price was 25.89. Rocky Brands has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Rocky Brands are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | IPO Date 3rd of February 1993 | Category Consumer Cyclical | Classification Consumer Discretionary |
Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, NEOS, Ranger, and licensed Michelin brand names in the United States, Canada, and internationally. Rocky Brands, Inc. The company has 7.42 M outstanding shares of which 302.73 K shares are at this time shorted by private and institutional investors with about 9.76 trading days to cover. More on Rocky Brands
Moving against Rocky Stock
| 0.63 | LTH | Life Time Group Financial Report 23rd of April 2024 | PairCorr |
| 0.46 | DHI | DR Horton Financial Report 18th of July 2024 | PairCorr |
| 0.42 | HBI | Hanesbrands Financial Report 1st of May 2024 | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 7th of May 2024
Rocky Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Rocky Brands' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Rocky Brands or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | David Sharp | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Textiles, Apparel & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Housewares, Apparel, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Footwear & Accessories, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Rocky Brands report their recommendations after researching Rocky Brands' financial statements, talking to executives and customers, or listening in on Rocky Brands' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Rocky Brands. The Rocky consensus assessment is calculated by taking the average forecast from all of the analysts covering Rocky Brands. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Rocky Brands' liquidity, profitability, solvency, and operating efficiency, Rocky Brands is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Rocky Brands is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Rocky Brands' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Rocky Brands' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rocky Brands' financial leverage. It provides some insight into what part of Rocky Brands' total assets is financed by creditors.
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Rocky Brands (RCKY) is traded on NASDAQ Exchange in USA. It is located in 39 East Canal Street, Nelsonville, OH, United States, 45764 and employs 2,060 people. Rocky Brands is listed under Textiles, Apparel & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 197.75 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rocky Brands's market, we take the total number of its shares issued and multiply it by Rocky Brands's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Rocky Brands conducts business under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 7.42 M outstanding shares of which 302.73 K shares are at this time shorted by private and institutional investors with about 9.76 trading days to cover.
Rocky Brands currently holds about 5.8 M in cash with 73.58 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.79.
Check Rocky Brands Probability Of Bankruptcy
Ownership AllocationRocky Brands has a total of 7.42 Million outstanding shares. The majority of Rocky Brands outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Rocky Brands to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Rocky Brands. Please pay attention to any change in the institutional holdings of Rocky Brands as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Rocky Ownership Details
Rocky Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Rocky Brands jumping above the current price in 90 days from now is about 62.63%. The Rocky Brands probability density function shows the probability of Rocky Brands stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.795 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Rocky Brands will likely underperform. Additionally, rocky Brands has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Rocky Brands to move above the current price in 90 days from now is about 62.63 (This Rocky Brands probability density function shows the probability of Rocky Stock to fall within a particular range of prices over 90 days) .
Rocky Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Rocky Brands that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Rocky Brands' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Rocky Brands' value.| Instituion | Recorded On | Shares | |
| Crawford Investment Counsel, Inc | 2023-12-31 | 129.6 K | |
| Deprince Race & Zollo Inc | 2023-12-31 | 120.5 K | |
| Diamond Hill Capital Management Inc | 2023-12-31 | 119.9 K | |
| Allspring Global Investments Holdings, Llc | 2023-12-31 | 89.6 K | |
| Northern Trust Corp | 2023-12-31 | 79.3 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 70.6 K | |
| American Century Companies Inc | 2023-12-31 | 53.6 K | |
| Bridgeway Capital Management, Llc | 2023-12-31 | 48.3 K | |
| Aristides Capital Llc | 2023-12-31 | 42.6 K | |
| Fmr Inc | 2023-12-31 | 1.1 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 558.3 K |
Rocky Brands Historical Income Statement
Rocky Brands Income Statement is one of the three primary financial statements used for reporting Rocky's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Rocky Brands revenue and expense. Rocky Brands Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Rocky Brands' Tax Provision is fairly stable compared to the past year. Interest Income is likely to rise to about 454.1 K in 2024, whereas Depreciation And Amortization is likely to drop slightly above 5.5 M in 2024. View More FundamentalsRocky Stock Against Markets
Picking the right benchmark for Rocky Brands stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Rocky Brands stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Rocky Brands is critical whether you are bullish or bearish towards Rocky Brands at a given time. Please also check how Rocky Brands' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Rocky Brands without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Rocky Brands Corporate Directors
Rocky Brands corporate directors refer to members of a Rocky Brands board of directors. The board of directors generally takes responsibility for the Rocky Brands' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Rocky Brands' board members must vote for the resolution. The Rocky Brands board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gene Haning | Independent Director | Profile | |
| Curtis Loveland | Secretary, Director | Profile | |
| Michael Finn | Independent Director | Profile | |
| James Stewart | Independent Director | Profile |
How to buy Rocky Stock?
Before investing in Rocky Brands, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Rocky Brands. To buy Rocky Brands stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Rocky Brands. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Rocky Brands stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Rocky Brands stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Rocky Brands stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Rocky Brands, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Rocky Stock please use our How to Invest in Rocky Brands guide.
Already Invested in Rocky Brands?
The danger of trading Rocky Brands is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Rocky Brands is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Rocky Brands. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Rocky Brands is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Rocky Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rocky Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rocky Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rocky Brands Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rocky Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Rocky Stock please use our How to Invest in Rocky Brands guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Rocky Stock analysis
When running Rocky Brands' price analysis, check to measure Rocky Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rocky Brands is operating at the current time. Most of Rocky Brands' value examination focuses on studying past and present price action to predict the probability of Rocky Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocky Brands' price. Additionally, you may evaluate how the addition of Rocky Brands to your portfolios can decrease your overall portfolio volatility.
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Is Rocky Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rocky Brands. If investors know Rocky will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rocky Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.021 | Dividend Share 0.62 | Earnings Share 1.41 | Revenue Per Share 62.723 | Quarterly Revenue Growth (0.09) |
The market value of Rocky Brands is measured differently than its book value, which is the value of Rocky that is recorded on the company's balance sheet. Investors also form their own opinion of Rocky Brands' value that differs from its market value or its book value, called intrinsic value, which is Rocky Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rocky Brands' market value can be influenced by many factors that don't directly affect Rocky Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rocky Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocky Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocky Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.