News stories about Rocky Brands (NASDAQ:RCKY) have trended somewhat positive this week, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rocky Brands earned a media sentiment score of 0.02 on Accern’s scale. Accern also gave media coverage about the textile maker an impact score of 45.1466583019768 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
RCKY has been the topic of a number of recent research reports. Zacks Investment Research cut Rocky Brands from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Robert W. Baird raised their target price on Rocky Brands from $13.00 to $15.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 25th. Finally, ValuEngine cut Rocky Brands from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $18.00.
Shares of Rocky Brands (NASDAQ:RCKY) opened at $19.35 on Friday. The company has a current ratio of 4.91, a quick ratio of 1.95 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $146.78, a P/E ratio of 20.46 and a beta of 0.70. Rocky Brands has a 12-month low of $10.25 and a 12-month high of $20.95.
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About Rocky Brands
Rocky Brands, Inc is a designer, manufacturer and marketer of footwear and apparel marketed under a portfolio of brand names, including Rocky, Georgia Boot, Durango, Lehigh, Creative Recreation and the licensed brand Michelin. The Company operates its business through three segments: wholesale, retail and military.
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