Rocky Brands, Inc. Q3 2024 Earnings Call Transcript
| RCKY Stock | USD 20.91 0.05 0.24% |
Slightly above 69% of Rocky Brands' investor base is looking to short. The analysis of overall sentiment of trading Rocky Brands stock suggests that many investors are alarmed at this time. Rocky Brands' investing sentiment can be driven by a variety of factors including economic data, Rocky Brands' earnings reports, geopolitical events, and overall market trends.
Rocky |
Operator Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to the Rocky Brands Third Quarter 2024 Earnings Conference Call.
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Rocky Brands Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Rocky Brands can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Rocky Brands Fundamental Analysis
We analyze Rocky Brands' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rocky Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rocky Brands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Institutions
Shares Owned By Institutions Comparative Analysis
Rocky Brands is currently under evaluation in shares owned by institutions category among its peers. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Rocky Brands Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Rocky Brands stock to make a market-neutral strategy. Peer analysis of Rocky Brands could also be used in its relative valuation, which is a method of valuing Rocky Brands by comparing valuation metrics with similar companies.
Peers
Rocky Brands Related Equities
| DBI | Designer Brands | 4.94 | ||||
| WWW | Wolverine World | 3.25 | ||||
| CAL | Continental | 2.39 | ||||
| WEYS | Weyco | 2.13 |
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.