RCKY - Rocky Brands Inc Stock Price, Fair Value and News

38.16USD+0.43 (+1.14%)Market Closed

Market Summary

USD38.16+0.43

Market Closed

1.14%

RCKY Alerts

2 major insider sales recently.

RCKY Stock Price

View Fullscreen

RCKY RSI Chart

RCKY Valuation

Market Cap

283.3M

Price/Earnings (Trailing)

21.18

Price/Sales (Trailing)

0.61

EV/EBITDA

15.14

Price/Free Cashflow

4.27

RCKY Price/Sales (Trailing)

RCKY Profitability

EBT Margin

3.88%

Return on Equity

5.94%

Return on Assets

2.87%

Free Cashflow Yield

23.44%

RCKY Fundamentals

RCKY Revenue

Revenue (TTM)

464.3M

Rev. Growth (Yr)

2.23%

Rev. Growth (Qtr)

-10.36%

RCKY Earnings

Earnings (TTM)

13.4M

Earnings Growth (Yr)

740.7%

Earnings Growth (Qtr)

-62.01%

Breaking Down RCKY Revenue

Last 7 days

11.0%

Last 30 days

43.4%

Last 90 days

30.8%

Trailing 12 Months

93.7%

How does RCKY drawdown profile look like?

RCKY Financial Health

Current Ratio

3.31

Debt/Equity

0.68

Debt/Cashflow

0.46

RCKY Investor Care

Dividend Yield

1.62%

Dividend/Share (TTM)

0.62

Shares Dilution (1Y)

0.94%

Diluted EPS (TTM)

1.81

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	464.3M	0	0	0
2023	558.9M	496.7M	474.8M	461.8M
2022	593.6M	624.0M	646.0M	615.5M
2021	309.3M	384.7M	432.4M	514.2M
2020	260.2M	254.4M	265.0M	277.3M
2019	257.2M	261.0M	262.3M	270.4M
2018	251.5M	251.3M	252.5M	252.7M
2017	265.8M	261.7M	253.2M	253.2M
2016	261.4M	255.4M	258.6M	260.3M
2015	285.9M	285.7M	282.9M	269.3M
2014	256.9M	266.3M	268.9M	286.2M
2013	228.9M	243.9M	241.6M	244.9M
2012	240.6M	232.7M	234.3M	228.5M
2011	249.0M	246.1M	242.3M	239.6M
2010	0	237.3M	245.0M	252.8M
2009	0	0	0	229.5M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Rocky Brands Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	loveland curtis a	sold	-40,603	35.4	-1,147	assistant secretary
May 07, 2024	loveland curtis a	sold	-34,410	35.149	-979	assistant secretary
May 06, 2024	loveland curtis a	sold	-181,066	35.6991	-5,072	assistant secretary
May 06, 2024	loveland curtis a	sold	-89,432	35.5595	-2,515	assistant secretary
May 02, 2024	haning g courtney	sold	-163,900	32.78	-5,000	-
Apr 01, 2024	winbigler tracie a.	acquired	-	-	663	-
Apr 01, 2024	haning g courtney	acquired	-	-	663	-
Apr 01, 2024	moore robert burton jr.	acquired	-	-	663	-
Apr 01, 2024	smith dwight eric	acquired	-	-	663	-
Apr 01, 2024	hahn robyn r.	acquired	-	-	663	-

Which funds bought or sold RCKY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.94	-15,629	19,018	-%
May 16, 2024	COMERICA BANK	unchanged	-	-62.00	556	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-63.88	-350,217	168,396	-%
May 15, 2024	D. E. Shaw & Co., Inc.	reduced	-24.2	-120,547	257,789	-%
May 15, 2024	ZACKS INVESTMENT MANAGEMENT	sold off	-100	-1,048,820	-	-%
May 15, 2024	CITADEL ADVISORS LLC	added	41.96	137,057	633,458	-%
May 15, 2024	Royal Bank of Canada	reduced	-6.9	-142,000	726,000	-%
May 15, 2024	DEPRINCE RACE & ZOLLO INC	reduced	-22.84	-1,114,660	2,523,440	0.05%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	27.52	213,240	1,670,420	0.03%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	reduced	-43.78	-320,134	327,106	-%

Are Funds Buying or Selling RCKY?

Are funds buying RCKY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RCKY

No. of Funds

RCKY Alerts

2 major insider sales recently.

Unveiling Rocky Brands Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.32%	392,245	SC 13G
Feb 09, 2024	dimensional fund advisors lp	7.6%	558,310	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 26, 2024	blackrock inc.	6.8%	499,473	SC 13G/A
Jan 26, 2024	raymond james & associates	6.4%	474,852	SC 13G/A
Feb 14, 2023	hawkeye capital management, llc	2.9%	209,948	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	7.7%	562,716	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 08, 2023	raymond james & associates	8.21%	600,134	SC 13G
Feb 01, 2023	blackrock inc.	6.1%	447,501	SC 13G

Recent SEC filings of Rocky Brands Inc

View All Filings

Date Filed	Form Type	Document
May 09, 2024	10-Q	Quarterly Report
May 08, 2024	4	Insider Trading
May 06, 2024	144	Notice of Insider Sale Intent
May 06, 2024	144	Notice of Insider Sale Intent
May 03, 2024	4	Insider Trading
May 03, 2024	DEFA14A	DEFA14A
May 02, 2024	144	Notice of Insider Sale Intent
Apr 30, 2024	8-K	Current Report
Apr 29, 2024	ARS	ARS
Apr 29, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Rocky Brands Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NKE	140.2B	51.6B	-2.80%	-22.45%	26.8	2.72	1.91%	-4.51%
DECK	22.8B	4.1B	8.52%	88.14%	31.53	5.54	15.34%	46.56%
MID-CAP
SKX	10.5B	8.3B	21.04%	26.64%	17.67	1.27	8.17%	43.60%
CROX	8.6B	4.0B	18.13%	22.18%	10.76	2.13	6.29%	28.94%
SHOO	3.1B	2.1B	7.37%	27.63%	16.82	1.48	2.17%	1.30%
SMALL-CAP
DBI	571.3M	3.1B	8.62%	16.21%	19.66	0.19	-7.25%	-82.14%
WEYS	286.9M	303.3M	5.63%	10.02%	10.64	0.95	-14.96%	-22.88%
RCKY	283.3M	464.3M	43.40%	93.74%	21.18	0.61	-16.93%	5.08%
VRA	240.8M	470.8M	22.38%	48.67%	30.72	0.51	-5.84%	113.12%
FORD	5.3M	30.7M	6.00%	-46.47%	-1.6	0.17	-16.24%	-33.55%

Rocky Brands Inc News

Latest updates

Rocky Brands Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-10.4%	113	126	126	100	110	139	147	162	167	169	126	132	88.00	88.00	78.00	56.00	56.00	75.00	67.00	62.00	66.00
Gross Profit	-13.0%	44.00	51.00	47.00	38.00	44.00	57.00	52.00	54.00	63.00	63.00	47.00	49.00	35.00	36.00	30.00	19.00	19.00	28.00	25.00	21.00	23.00
Operating Expenses	0.5%	36.00	36.00	32.00	35.00	40.00	43.00	40.00	48.00	50.00	45.00	44.00	41.00	29.00	23.00	20.00	16.00	18.00	22.00	18.00	17.00	18.00
EBITDA Margin	13.5%	0.06*	0.05*	0.05*	0.05*	0.05*	0.06*	0.07*	0.06*	0.07*	0.07*	0.08*	0.11*	-	-	-	-	-	-	-	-	-
Income Taxes	-71.7%	1.00	3.00	2.00	-0.71	-0.11	1.00	2.00	0.00	2.00	2.00	-0.11	1.00	1.00	3.00	2.00	1.00	0.00	2.00	1.00	1.00	1.00
Earnings Before Taxes	-64.8%	3.00	9.00	9.00	-3.43	-0.51	8.00	7.00	1.00	9.00	15.00	-0.49	5.00	6.00	13.00	10.00	3.00	2.00	7.00	7.00	4.00	5.00
EBT Margin	26.4%	0.04*	0.03*	0.03*	0.02*	0.03*	0.04*	0.05*	0.04*	0.05*	0.05*	0.05*	0.09*	-	-	-	-	-	-	-	-	-
Net Income	-62.0%	3.00	7.00	7.00	-2.71	-0.40	7.00	6.00	1.00	7.00	13.00	-0.37	4.00	4.00	10.00	8.00	2.00	1.00	5.00	6.00	3.00	4.00
Net Income Margin	27.6%	0.03*	0.02*	0.02*	0.02*	0.02*	0.03*	0.04*	0.03*	0.04*	0.04*	0.04*	0.07*	-	-	-	-	-	-	-	-	-
Free Cashflow	-58.7%	17.00	41.00	10.00	-2.45	20.00	27.00	-2.87	-24.68	13.00	-31.58	-45.61	-0.43	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.7%	467	479	533	535	539	582	641	669	685	625	547	477	449	229	217	201	222	206	202	196	188
Current Assets	-4.2%	247	258	309	308	311	341	397	421	436	375	310	241	225	163	154	141	161	146	145	140	133
Cash Equivalents	-31.6%	3.00	4.00	4.00	3.00	5.00	6.00	7.00	6.00	15.00	6.00	13.00	8.00	9.00	28.00	20.00	26.00	44.00	16.00	6.00	16.00	18.00
Inventory	-2.4%	165	169	195	218	224	235	265	288	289	232	202	144	125	78.00	81.00	75.00	77.00	77.00	83.00	77.00	70.00
Net PPE	-1.3%	51.00	52.00	53.00	54.00	55.00	57.00	60.00	61.00	61.00	60.00	57.00	56.00	51.00	34.00	31.00	28.00	28.00	27.00	25.00	24.00	23.00
Goodwill	0%	48.00	48.00	48.00	48.00	48.00	50.00	50.00	50.00	50.00	50.00	49.00	48.00	-	-	-	-	-	-	-	-	-
Liabilities	-5.7%	241	256	316	324	325	367	432	464	480	427	361	290	265	50.00	46.00	36.00	58.00	41.00	41.00	39.00	34.00
Current Liabilities	4.5%	75.00	72.00	90.00	90.00	91.00	96.00	132	164	196	140	114	95.00	72.00	40.00	36.00	26.00	28.00	32.00	31.00	30.00	25.00
Long Term Debt	-10.1%	153	170	211	217	217	254	282	281	264	267	236	184	183	-	-	-	20.00	-	-	-	-
LT Debt, Current	0%	3.00	3.00	3.00	5.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	-	-	-	-	-	-	-	-
LT Debt, Non Current	-100.0%	-	170	211	217	217	254	282	281	264	267	236	184	183	-	-	-	20.00	-	-	-	-
Shareholder's Equity	0.8%	225	224	217	211	214	215	209	204	204	198	186	187	184	180	171	166	164	165	162	157	155
Retained Earnings	0.9%	153	152	146	140	144	146	140	136	136	130	118	120	117	114	105	98.00	97.00	97.00	-	-	-
Shares Outstanding	0.1%	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	145	-	-	-	233	-	-	-	379	-	-	-	141	-	188	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-59.0%	17,402	42,443	11,477	-1,148	20,804	28,451	-761	-22,360	13,793	-26,387	-39,503	8,119	2,896	13,345	-819	4,739	14,176	13,198	-5,739	783	9,846
Share Based Compensation	5.3%	339	322	282	293	347	529	227	226	248	330	327	330	278	194	189	195	202	166	164	164	168
Cashflow From Investing	72.4%	-272	-987	-1,193	-1,307	16,869	-1,026	3,357	-2,322	-1,243	-10,633	-6,103	-8,548	-208,179	-3,096	-3,067	-2,131	-3,417	-1,646	-2,595	-1,662	-1,797
Cashflow From Financing	55.0%	-18,541	-41,226	-9,126	591	-38,446	-28,983	-1,121	15,534	-3,509	30,011	50,166	-105	185,822	-1,843	-1,999	-21,023	17,970	-2,474	-941	-1,036	-592
Dividend Payments	0.5%	1,149	1,143	1,142	1,139	1,141	1,137	1,136	1,132	1,133	1,132	1,132	1,020	1,015	1,016	1,024	1,023	1,030	1,028	1,037	1,036	886
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	934	1,004	-	1,000	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

RCKY Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
NET SALES	$ 112,906	$ 110,445
COST OF GOODS SOLD	68,757	66,686
GROSS MARGIN	44,149	43,759
OPERATING EXPENSES	36,166	39,604
INCOME FROM OPERATIONS	7,983	4,155
INTEREST EXPENSE AND OTHER – net	(4,654)	(4,664)
INCOME (LOSS) BEFORE INCOME TAX EXPENSE	3,329	(509)
INCOME TAX EXPENSE (BENEFIT)	779	(111)
NET INCOME (LOSS)	$ 2,550	$ (398)
INCOME (LOSS) PER SHARE
Basic (in dollars per share)	$ 0.34	$ (0.05)
Diluted (in dollars per share)	$ 0.34	$ (0.05)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING
Basic (in shares)	7,417	7,346
Diluted (in shares)	7,450	7,346

RCKY Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023	Mar. 31, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 3,059	$ 4,470	$ 4,946
Trade receivables – net	70,662	77,028	73,650
Contract receivables	0	927	0
Other receivables	1,913	1,933	2,235
Inventories – net	165,129	169,201	224,124
Income tax receivable	538	1,253	0
Prepaid expenses	6,037	3,361	5,619
Total current assets	247,338	258,173	310,574
LEASED ASSETS	7,139	7,809	10,153
PROPERTY, PLANT & EQUIPMENT – net	51,305	51,976	54,666
GOODWILL	47,844	47,844	47,844
IDENTIFIED INTANGIBLES – net	111,919	112,618	114,716
OTHER ASSETS	982	965	1,028
TOTAL ASSETS	466,527	479,385	538,981
CURRENT LIABILITIES:
Accounts payable	53,479	49,840	66,783
Contract liabilities	0	927	0
Current portion of long-term debt	2,650	2,650	2,823
Accrued expenses:
Salaries and wages	1,774	1,204	1,816
Taxes – other	523	925	857
Accrued freight	2,193	2,284	2,098
Commissions	657	904	706
Accrued duty	5,867	5,440	6,642
Accrued interest	1,979	2,104	2,311
Income tax payable	0	0	1,052
Other	5,626	5,251	5,902
Total current liabilities	74,748	71,529	90,990
Long-term debt	153,302	170,480	216,973
LONG-TERM TAXES PAYABLE	169	169	169
LONG-TERM LEASE	4,801	5,461	7,501
DEFERRED INCOME TAXES	7,475	7,475	8,006
DEFERRED LIABILITIES	737	716	1,053
TOTAL LIABILITIES	241,232	255,830	324,692
SHAREHOLDERS' EQUITY:
Common stock, no par value; 25,000,000 shares authorized; issued and outstanding March 31, 2024 - 7,417,546; December 31, 2023 - 7,412,480; March 31, 2023 - 7,346,650	72,312	71,973	70,107
Retained earnings	152,983	151,582	144,182
Total shareholders' equity	225,295	223,555	214,289
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 466,527	$ 479,385	$ 538,981

About Rocky Brands Inc

Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel under the Rocky, Georgia Boot, Durango, Lehigh, Muck, XTRATUF, Servus, Ranger, and 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, 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. Retail segment sells its products directly to consumers through its websites comprising rockyboots.com, georgiaboot.com, durangoboot.com, muckbootcompany.com, xtratuf.com, lehighoutfitters.com, lehighsafetyshoes.com, and slipgrips.com; and third-party marketplaces and Rocky Outdoor Gear 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. In addition, 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 formerly known as William Brooks Shoe Co. The company was founded in 1932 and is headquartered in Nelsonville, Ohio.

CEO	Mr. Jason S. Brooks
WEBSITE	rockybrands.com
INDUSTRY	Footwear & Accessories
EMPLOYEES	2490

Rocky Brands Inc Frequently Asked Questions

What is the ticker symbol for Rocky Brands Inc? What does RCKY stand for in stocks?

RCKY is the stock ticker symbol of Rocky Brands Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Rocky Brands Inc (RCKY)?

As of Fri May 17 2024, market cap of Rocky Brands Inc is 283.27 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RCKY stock?

You can check RCKY's fair value in chart for subscribers.

What is the fair value of RCKY stock?

You can check RCKY's fair value in chart for subscribers. The fair value of Rocky Brands Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Rocky Brands Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RCKY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Rocky Brands Inc a good stock to buy?

The fair value guage provides a quick view whether RCKY is over valued or under valued. Whether Rocky Brands Inc is cheap or expensive depends on the assumptions which impact Rocky Brands Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RCKY.

What is Rocky Brands Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, RCKY's PE ratio (Price to Earnings) is 21.18 and Price to Sales (PS) ratio is 0.61. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RCKY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Rocky Brands Inc's stock?

In the past 10 years, Rocky Brands Inc has provided 0.126 (multiply by 100 for percentage) rate of return.