Rocky Brands (RCKY)

• Market cap: $170M
• 1 day: 2.01%
• 5 days: -4.40%
• 1 month: 8.97%
• 3 months: -25.16%
• 6 months: -38.59%
• Year to date: -21.19%
• 1 year: -20.94%
• 5 years: -19.26%
• 10 years: 60.96%
• Sector: Consumer Discretionary
• Industry: Footwear, Except Rubber

About: Rocky Brands Inc acts as a designer, manufacturer, and marketer of premium-quality footwear and apparel. The company's family of brands includes Rocky, Georgia Boot, Durango, Lehigh, Creative Recreation, and the licensed brand Michelin footwear. The company operates its business through three business segments: Wholesale, Retail and Contract. It generates majority of the revenue from Wholesale segment.

Employees: 2,100

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

75% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 8

14% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 29

7% more funds holding

Funds holding: 86 [Q2] → 92 (+6) [Q3]

2.01% less ownership

Funds ownership: 75.45% [Q2] → 73.44% (-2.01%) [Q3]

16% less capital invested

Capital invested by funds: $207M [Q2] → $174M (-$33.2M) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $25 9% upside
• Avg. target: $25 9% upside
• High target: $25 9% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Baird Jonathan Komp 85% 1-year accuracy 17 / 20 met price target

9% upside $25

Neutral Maintained

31 Oct 2024