Rocky Brands Financials
| RCKY Stock | USD 20.91 0.05 0.24% |
Rocky |
Understanding current and past Rocky Brands Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Rocky Brands' financial statements are interrelated, with each one affecting the others. For example, an increase in Rocky Brands' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Rocky Brands' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Rocky Brands. Check Rocky Brands' Beneish M Score to see the likelihood of Rocky Brands' management manipulating its earnings.
Rocky Brands Stock Summary
Rocky Brands competes with Vera Bradley, Steven Madden, Wolverine World, Continental, and Weyco. 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. was founded in 1932 and is headquartered in Nelsonville, Ohio. Rocky Brands operates under Footwear Accessories classification in the United States and is traded on NASDAQ Exchange. It employs 2800 people.Specialization | Consumer Cyclical, Footwear & Accessories |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US7745151008 |
| CUSIP | 774515100 774830103 |
| Location | Ohio; U.S.A |
| Business Address | East Canal Street, |
| Sector | Textiles, Apparel & Luxury Goods |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.rockybrands.com |
| Phone | 740 753 1951 |
| Currency | USD - US Dollar |
Rocky Brands Key Financial Ratios
| Return On Equity | 0.0598 | ||||
| Return On Asset | 0.0516 | ||||
| Target Price | 25.0 | ||||
| Beta | 2.13 | ||||
| Last Dividend Paid | 0.62 |
Rocky Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rocky Brands's current stock value. Our valuation model uses many indicators to compare Rocky Brands value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rocky Brands competition to find correlations between indicators driving Rocky Brands's intrinsic value. More Info.Rocky Brands is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about 0.86 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Rocky Brands is roughly 1.16 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rocky Brands' earnings, one of the primary drivers of an investment's value.Rocky Brands Systematic Risk
Rocky Brands' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Rocky Brands volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Rocky Brands correlated with the market. If Beta is less than 0 Rocky Brands generally moves in the opposite direction as compared to the market. If Rocky Brands Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Rocky Brands is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Rocky Brands is generally in the same direction as the market. If Beta > 1 Rocky Brands moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Rocky Brands is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Rocky has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Rocky Brands' financials are consistent with your investment objective using the following steps:- Review Rocky Brands' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Rocky Brands' liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Rocky Brands' financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Rocky Brands' stock is overvalued or undervalued.
Rocky Brands Thematic Clasifications
Rocky Brands is part of several thematic ideas from Housewares to Apparel. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasRocky Brands November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Rocky Brands help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Rocky Brands. We use our internally-developed statistical techniques to arrive at the intrinsic value of Rocky Brands based on widely used predictive technical indicators. In general, we focus on analyzing Rocky Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Rocky Brands's daily price indicators and compare them against related drivers.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 30.74 | |||
| Value At Risk | (4.71) | |||
| Potential Upside | 3.34 |
Additional 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.