Consumer Cyclical -
Apparel - Footwear & Accessories - NASDAQ - US
$ 14.71
-7.02 %
$ 110 M
Market Cap
9.68
P/E
1. INTRINSIC VALUE
Balance Sheet
Rocky Brands, Inc.
| Current Assets | 246 M |
| Cash & Short-Term Investments | 3.72 M |
| Receivables | 73 M |
| Other Current Assets | 170 M |
| Non-Current Assets | 211 M |
| Long-Term Investments | 0 |
| PP&E | 49.7 M |
| Other Non-Current Assets | 161 M |
| Current Liabilities | 90.4 M |
| Accounts Payable | 58.1 M |
| Short-Term Debt | 11.1 M |
| Other Current Liabilities | 21.2 M |
| Non-Current Liabilities | 135 M |
| Long-Term Debt | 124 M |
| Other Non-Current Liabilities | 10.8 M |
EFFICIENCY
Earnings Waterfall
Rocky Brands, Inc.
| Revenue | 454 M |
| Cost Of Revenue | 275 M |
| Gross Profit | 179 M |
| Operating Expenses | 148 M |
| Operating Income | 31.1 M |
| Other Expenses | 19.7 M |
| Net Income | 11.4 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Rocky Brands, Inc.
| Net Income | 11.4 M |
| Depreciation & Amortization | 10.3 M |
| Capital Expenditures | -4.66 M |
| Stock-Based Compensation | 1.29 M |
| Change in Working Capital | 17.2 M |
| Others | 13.5 M |
| Free Cash Flow | 48.1 M |
Wall Street Analysts Price Targets
Rocky Brands, Inc.
Wall Street analysts predict an average 1-year price target for RCKY of $46.2 , with forecasts ranging from
a
low of
$25 to a high of $73 .
RCKY Lowest Price Target
Wall Street Target
25 USD
69.95%
RCKY Average Price Target
Wall Street Target
46.2 USD
214.41%
RCKY Highest Price Target
Wall Street Target
73 USD
396.26%
4. DIVIDEND
ANALYSIS
0.68%
DIVIDEND YIELD
0.155 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Rocky Brands, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
104 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
1.01 M USD 3
Bought
18.6 K USD 1
0-3 MONTHS
10.2 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Rocky Brands' Post-Tariffs Margins Are Not Very Attractive, Back To A Hold Rating
Rocky Brands, Inc.'s Q4 2024 earnings showed 8.8% YoY growth but suffered from higher SG&A costs, impacting margins negatively. The company expects FY 2025 topline growth without earnings improvement, partly due to 10% China tariffs affecting EPS by $0.60. Despite growth in wholesale and DTC, increased SG&A costs and logistics expenses led to less profitable sales and an absolute loss.
seekingalpha.com
- 1 month ago
Rocky Brands, Inc. (RCKY) Q4 2024 Earnings Call Transcript
Rocky Brands, Inc. (NASDAQ:RCKY ) Q4 2024 Earnings Conference Call February 25, 2025 4:30 PM ET Company Participants Brendon Frey - IR, ICR Jason Brooks - CEO Tom Robertson - COO & CFO Conference Call Participants Jonathan Komp - Baird Ethan Saghi - BTIG Operator Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Rocky Brands Fourth Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 1 month ago
Rocky Brands, Inc. to Report Fourth Quarter and Full Year 2024 Results on February 25, 2025
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ: RCKY) today announced that the company will release its financial results for the fourth quarter and year ended December 31, 2024, after the market close on Tuesday, February 25, 2025. Management will host a conference call that afternoon (February 25, 2025) at 4:30 p.m. ET to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial (877) 704-4453 (domestic) or (201) 389-0920.
businesswire.com
- 1 month ago
Rocky Brands Declares Quarterly Cash Dividend
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ: RCKY) today announced that its board of directors has declared a quarterly cash dividend of $0.155 per share of outstanding common stock, which will be paid on March 17, 2025 to all shareholders of record as of the close of business on March 3, 2025. The declaration and payment of future dividends and the establishment of future record dates and payment dates are subject to the quarterly determination of the board of directors. Abo.
businesswire.com
- 2 months ago
Rocky Brands: 2025 Recovery Presents Upside (Rating Upgrade)
Rocky Brands reported weak Q3 results with slow wholesale orders amid pressured consumer spending, inventory shortages, and dry weather. After the weakness, Rocky has better growth prospects ahead in 2025 with improving industry growth and strong initial spring season bookings. The stock discounts Rocky's earnings prospects after the primarily transitory Q3 weakness, and I now estimate 46% upside to a fair value of $36.6.
seekingalpha.com
- 2 months ago
Rocky Brands, Inc. to Present at the 2025 ICR Conference
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ: RCKY) today announced that the management team is participating in the 2025 ICR Conference. A fireside chat presentation is scheduled for Monday, January 13, 2025, at 1:30 p.m. Eastern Time. The presentation will be simultaneously broadcast on the Internet and will be available at https://investors.rockybrands.com. About Rocky Brands, Inc. Rocky Brands, Inc. is a leading designer, manufacturer and marketer of premium quality footwe.
businesswire.com
- 3 months ago
Rocky Brands Declares Quarterly Cash Dividend
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (Nasdaq: RCKY) today announced that its board of directors has declared a quarterly cash dividend of $0.155 per share of outstanding common stock, which will be paid on December 17, 2024 to all shareholders of record as of the close of business on December 3, 2024. The declaration and payment of future dividends and the establishment of future record dates and payment dates are subject to the quarterly determination of the board of director.
businesswire.com
- 5 months ago
Rocky Brands' Q3 Was Not As Bad As The Market Reaction, The Stock Is Now A Buy
Rocky Brands, Inc. reported Q3 2024 results today, with revenues down YoY, and more challenged margins. This reversed a trend of revenues growing (adjusted for non-recurring factors) and operating margins growing, in line with deleveraging financially. Rocky is down 40% since I wrote a Hold article on the name in July 2024. The stock now offers a yield of 16% on projected earnings at 9% margins.
seekingalpha.com
- 5 months ago
Rocky Brands, Inc. (RCKY) Q3 2024 Earnings Call Transcript
Rocky Brands, Inc. (NASDAQ:RCKY ) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Brendon Frey - IR, ICR Jason Brooks - CEO Tom Robertson - COO & CFO Conference Call Participants Janine Stichter - BTIG Jonathan Komp - Baird Bruce Geller - Geller Ventures Operator Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Rocky Brands Third Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 5 months ago
Rocky Brands, Inc. Announces Third Quarter 2024 Results
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its third quarter ended September 30, 2024. Third Quarter 2024 Overview Net sales decreased 8.8% to $114.6 million versus the year-ago quarter, or 2.4%, excluding certain non-recurring sales from the year-ago quarter Gross margin increased 110 basis points to 38.1% compared to 37.0% in the year-ago quarter Operating income was $10.1 million as compared to $14.3 million in the year-ago qua.
businesswire.com
- 5 months ago
Rocky Brands, Inc. to Report Third Quarter 2024 Results on October 30, 2024
NELSONVILLE, Ohio--(BUSINESS WIRE)--Rocky Brands, Inc. (NASDAQ: RCKY) today announced that the company will release its financial results for the third quarter ended September 30, 2024, after the market close on Wednesday, October 30, 2024. Management will host a conference call that afternoon (October 30, 2024) at 4:30 p.m. ET to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial (877) 704-4453 (domestic) or (201) 389-0920 (interna.
businesswire.com
- 5 months ago
Rocky Brands, Inc. (RCKY) Q2 2024 Earnings Call Transcript
Rocky Brands, Inc. (NASDAQ:RCKY ) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Cody McAlester - ICR Jason Brooks - CEO Thomas Robertson - COO and CFO Conference Call Participants Janine Stichter - BTIG Jonathan Komp - Baird Operator Good afternoon, ladies and gentlemen. Thank you for standing by.
seekingalpha.com
- 8 months ago
8. Profile
Summary
Rocky Brands, Inc. RCKY
COUNTRY
US
INDUSTRY
Apparel - Footwear & Accessories
MARKET CAP
$ 110 M
Dividend Yield
0.68%
Description
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. It operates through Wholesale, Retail, and Contract Manufacturing segments. The Wholesale segment offers products in approximately 10,000 retail locations through a range of distribution channels comprising sporting goods stores, outdoor retailers, independent shoe retailers, hardware stores, catalogs, mass merchants, uniform stores, farm store chains, specialty safety stores, and specialty and online retailers. The Retail segment sells its products directly to consumers through its e-commerce websites, including rockyboots.com, georgiaboot.com, durangoboot.com, lehighoutfitters.com, lehighsafetyshoes.com, slipgrips.com,muckbootcompany.com,xtratuf.com, and Rocky outlet store in Nelsonville, Ohio, and retail stores. The Contract Manufacturing segment include private label sales and any sales to customers which are contracted to manufacture a specific footwear product for a customer and include sales to the U.S. Military. It serves industrial and construction workers, as well as workers in the hospitality industry, such as restaurants or hotels; farmers and ranchers; consumers enamored with western influenced fashion; commercial military personnel; hunting, fishing, camping, and hiking enthusiasts; law enforcement, security personnel, and postal employees; and for the U.S. military personnel. Rocky Brands, Inc. was founded in 1932 and is headquartered in Nelsonville, Ohio.
Contact
39 East Canal Street, Nelsonville, OH, 45764
https://www.rockybrands.com
IPO
Date
Feb. 3, 1993
Employees
2530
Officers
Mr. Curtis A. Loveland Esq.
Assistant Secretary & Independent Director
Mr. Byron Wortham
Senior Vice President of Sales - Durango & Georgia Boot
Mr. Jeremy D. Siegfried
Secretary
Mr. Jason S. Brooks
Chairman, Chief Executive Officer & President
Mr. Thomas D. Robertson CPA
Chief Operating Officer, Chief Financial Officer & Treasurer