Rocky Brands (RCKY) Stock Forecast, Price Target & Predictions


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RCKY Stock Forecast


Rocky Brands stock forecast is as follows: an average price target of $25.00 (represents a 6.93% upside from RCKY’s last price of $23.38) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.

RCKY Price Target


The average price target for Rocky Brands (RCKY) is $25.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $25.00. This represents a potential 6.93% upside from RCKY's last price of $23.38.

RCKY Analyst Ratings


Hold

According to 1 Wall Street analysts, Rocky Brands's rating consensus is 'Hold'. The analyst rating breakdown for RCKY stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Rocky Brands Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Jonathan KompRobert W. Baird$25.00$27.71-9.78%6.93%
Aug 03, 2022BTIG$62.00$33.9882.46%165.18%
Jul 21, 2022BTIG$73.00$36.5699.67%212.23%

The latest Rocky Brands stock forecast, released on Oct 31, 2024 by Jonathan Komp from Robert W. Baird, set a price target of $25.00, which represents a -9.78% decrease from the stock price at the time of the forecast ($27.71), and a 6.93% increase from RCKY last price ($23.38).

Rocky Brands Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$25.00$25.00
Last Closing Price$23.38$23.38$23.38
Upside/Downside-100.00%6.93%6.93%

In the current month, the average price target of Rocky Brands stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Rocky Brands's last price of $23.38. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Feb 07, 2023BTIGBuyNeutralInitialise
Jul 21, 2022BTIGBuyBuyHold

Rocky Brands's last stock rating was published by BTIG on Feb 07, 2023. The company Initialise its RCKY rating from "Buy" to "Neutral".

Rocky Brands Financial Forecast


Rocky Brands Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue--------$125.95M$125.61M$99.82M$110.44M$138.93M$147.49M$162.04M$167.03M$169.45M$125.51M$131.60M$87.67M$87.62M$77.78M$56.19M$55.72M$75.34M$67.18M$61.96M$65.93M$61.39M$63.07M
Avg Forecast$131.04M$119.78M$101.61M$116.56M$125.44M$120.75M$96.44M$105.75M$131.59M$117.08M$104.70M$124.46M$131.05M$140.90M$145.77M$136.58M$163.07M$151.73M$128.93M$71.25M$80.10M$69.50M$42.10M$66.30M$71.00M$68.20M$60.40M$62.50M$54.70M$44.15M
High Forecast$131.80M$120.48M$102.20M$117.12M$126.27M$120.86M$96.99M$106.36M$132.35M$117.08M$105.30M$125.18M$131.81M$140.90M$145.77M$136.58M$163.07M$151.73M$128.93M$71.25M$80.10M$69.50M$42.10M$66.30M$71.00M$68.20M$60.40M$62.50M$65.63M$52.98M
Low Forecast$130.28M$119.09M$101.02M$116.00M$124.60M$120.64M$95.88M$105.14M$130.83M$117.07M$104.10M$123.74M$130.29M$140.90M$145.77M$136.58M$163.07M$151.73M$128.93M$71.25M$80.10M$69.50M$42.10M$66.30M$71.00M$68.20M$60.40M$62.50M$43.76M$35.32M
# Analysts11122111211111111111999955551215
Surprise %--------0.96%1.07%0.95%0.89%1.06%1.05%1.11%1.22%1.04%0.83%1.02%1.23%1.09%1.12%1.33%0.84%1.06%0.99%1.03%1.05%1.12%1.43%

Rocky Brands's average Quarter revenue forecast for Mar 24 based on 1 analysts is $105.75M, with a low forecast of $105.14M, and a high forecast of $106.36M. RCKY's average Quarter revenue forecast represents a -16.04% decrease compared to the company's last Quarter revenue of $125.95M (Dec 23).

Rocky Brands EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11122111211111111111999955551215
EBITDA--------$14.84M$14.28M$2.20M$4.16M$13.62M$11.63M$5.60M$13.20M$21.31M$5.43M$12.90M$7.68M$14.34M$10.93M$4.38M$2.77M$7.92M$8.21M$5.23M$5.76M$5.61M$4.21M
Avg Forecast$13.92M$12.72M$10.79M$12.38M$13.32M$12.83M$10.24M$13.78M$13.98M$12.44M$11.12M$14.74M$8.77M$12.14M$12.56M$15.77M$14.05M$13.07M$11.11M$4.19M$6.90M$5.99M$3.63M$4.13M$6.12M$5.87M$5.20M$4.99M$4.84M$2.65M
High Forecast$14.00M$12.80M$10.85M$12.44M$13.41M$12.84M$10.30M$16.54M$14.06M$12.44M$11.18M$17.69M$10.52M$12.14M$12.56M$18.92M$14.05M$13.07M$11.11M$5.03M$6.90M$5.99M$3.63M$4.95M$6.12M$5.87M$5.20M$5.99M$5.81M$3.18M
Low Forecast$13.84M$12.65M$10.73M$12.32M$13.23M$12.81M$10.18M$11.03M$13.90M$12.43M$11.06M$11.79M$7.01M$12.14M$12.56M$12.61M$14.05M$13.07M$11.11M$3.35M$6.90M$5.99M$3.63M$3.30M$6.12M$5.87M$5.20M$3.99M$3.87M$2.12M
Surprise %--------1.06%1.15%0.20%0.28%1.55%0.96%0.45%0.84%1.52%0.42%1.16%1.83%2.08%1.82%1.21%0.67%1.30%1.40%1.00%1.15%1.16%1.59%

1 analysts predict RCKY's average Quarter EBITDA for Mar 24 to be $13.78M, with a high of $16.54M and a low of $11.03M. This is -7.10% lower than Rocky Brands's previous annual EBITDA (Dec 23) of $14.84M.

Rocky Brands Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11122111211111111111999955551215
Net Income--------$6.71M$6.83M$-2.71M$-398.00K$6.51M$5.69M$920.00K$7.34M$12.55M$-375.00K$3.90M$4.49M$9.72M$7.61M$2.44M$1.19M$5.08M$5.62M$3.16M$3.60M$3.25M$1.50M
Avg Forecast$10.54M$6.94M$1.91M$4.58M$9.12M$7.39M$712.78K$6.24M$7.68M$4.20M$-1.33M$6.67M$5.98M$1.26M$5.92M$7.13M$7.04M$9.91M$6.14M$2.72M$6.09M$4.31M$-1.19M$1.77M$3.49M$4.68M$2.67M$3.09M$2.85M$940.30K
High Forecast$10.62M$6.99M$1.93M$4.95M$9.68M$7.45M$718.13K$7.48M$7.74M$4.23M$-1.32M$8.00M$7.18M$1.26M$5.92M$8.56M$7.04M$10.23M$6.14M$3.26M$6.09M$4.31M$-1.19M$2.13M$3.49M$4.68M$2.67M$3.71M$3.42M$1.13M
Low Forecast$10.46M$6.89M$1.90M$4.20M$8.55M$7.34M$707.44K$4.99M$7.62M$4.17M$-1.34M$5.34M$4.79M$1.26M$5.92M$5.71M$7.04M$9.58M$6.14M$2.17M$6.09M$4.31M$-1.19M$1.42M$3.49M$4.68M$2.67M$2.47M$2.28M$752.24K
Surprise %--------0.87%1.62%2.04%-0.06%1.09%4.51%0.16%1.03%1.78%-0.04%0.63%1.65%1.60%1.77%-2.05%0.67%1.46%1.20%1.18%1.17%1.14%1.59%

Rocky Brands's average Quarter net income forecast for Mar 24 is $6.24M, with a range of $4.99M to $7.48M. RCKY's average Quarter net income forecast represents a -7.09% decrease compared to the company's last Quarter net income of $6.71M (Dec 23).

Rocky Brands SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11122111211111111111999955551215
SG&A--------$35.89M--------------------$17.38M
Avg Forecast$29.77M$27.21M$23.08M$26.48M$28.50M$27.43M$21.91M$24.02M$29.90M$26.60M$23.79M$28.28M$29.77M$40.49M$41.89M$39.25M$46.86M$43.60M$37.05M$20.47M$23.02M$19.97M$12.10M$19.05M$20.40M$19.60M$17.36M$17.96M$15.72M$10.93M
High Forecast$29.94M$27.37M$23.22M$26.61M$28.69M$27.46M$22.03M$24.16M$30.07M$26.60M$23.92M$28.44M$29.94M$40.49M$41.89M$39.25M$46.86M$43.60M$37.05M$20.47M$23.02M$19.97M$12.10M$19.05M$20.40M$19.60M$17.36M$17.96M$18.86M$13.11M
Low Forecast$29.60M$27.06M$22.95M$26.35M$28.31M$27.41M$21.78M$23.89M$29.72M$26.60M$23.65M$28.11M$29.60M$40.49M$41.89M$39.25M$46.86M$43.60M$37.05M$20.47M$23.02M$19.97M$12.10M$19.05M$20.40M$19.60M$17.36M$17.96M$12.57M$8.74M
Surprise %--------1.20%--------------------1.59%

Rocky Brands's average Quarter SG&A projection for Mar 24 is $24.02M, based on 1 Wall Street analysts, with a range of $23.89M to $24.16M. The forecast indicates a -33.07% fall compared to RCKY last annual SG&A of $35.89M (Dec 23).

Rocky Brands EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11122111211111111111999955551215
EPS--------$0.91$0.93$-0.37$-0.05$0.89$0.78$0.13$1.00$1.72$-0.05$0.53$0.62$1.34$1.04$0.33$0.16$0.69$0.76$0.43$0.49$0.44$0.20
Avg Forecast$1.41$0.93$0.26$0.61$1.22$0.98$0.10$0.02$1.02$0.56$-0.18$0.05$0.62$0.17$0.80$1.07$0.95$1.33$0.83$0.59$0.82$0.58$-0.16$0.47$0.47$0.63$0.36$0.42$0.22$0.09
High Forecast$1.42$0.93$0.26$0.66$1.29$0.99$0.10$0.02$1.03$0.56$-0.18$0.05$0.63$0.17$0.80$1.07$0.95$1.38$0.83$0.59$0.82$0.58$-0.16$0.47$0.47$0.63$0.36$0.42$0.26$0.11
Low Forecast$1.39$0.92$0.25$0.56$1.14$0.98$0.09$0.02$1.02$0.56$-0.18$0.05$0.62$0.17$0.80$1.07$0.95$1.29$0.83$0.59$0.82$0.58$-0.16$0.47$0.47$0.63$0.36$0.42$0.18$0.07
Surprise %--------0.89%1.66%2.09%-1.16%1.43%4.59%0.16%0.93%1.81%-0.04%0.64%1.05%1.63%1.79%-2.06%0.34%1.47%1.21%1.19%1.17%2.00%2.22%

According to 1 Wall Street analysts, Rocky Brands's projected average Quarter EPS for Mar 24 is $0.02, with a low estimate of $0.02 and a high estimate of $0.02. This represents a -97.80% decrease compared to RCKY previous annual EPS of $0.91 (Dec 23).

Rocky Brands Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DBIDesigner Brands$5.96$13.33123.66%Hold
CALCaleres$23.88$30.0025.63%Hold
RCKYRocky Brands$23.38$25.006.93%Hold
SHOOSteven Madden$43.26$42.50-1.76%Hold
WWWWolverine World Wide$23.16$19.14-17.36%Buy

RCKY Forecast FAQ


Is Rocky Brands a good buy?

No, according to 1 Wall Street analysts, Rocky Brands (RCKY) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of RCKY's total ratings.

What is RCKY's price target?

Rocky Brands (RCKY) average price target is $25 with a range of $25 to $25, implying a 6.93% from its last price of $23.38. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Rocky Brands stock go up soon?

According to Wall Street analysts' prediction for RCKY stock, the company can go up by 6.93% (from the last price of $23.38 to the average price target of $25), up by 6.93% based on the highest stock price target, and up by 6.93% based on the lowest stock price target.

Can Rocky Brands stock reach $40?

RCKY's average twelve months analyst stock price target of $25 does not support the claim that Rocky Brands can reach $40 in the near future.

What are Rocky Brands's analysts' financial forecasts?

Rocky Brands's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $448.37M (high $450.48M, low $446.26M), average EBITDA is $50.17M (high $53.09M, low $47.26M), average net income is $23.46M (high $25.33M, low $21.58M), average SG&A $101.86M (high $102.34M, low $101.39M), and average EPS is $2.32 (high $2.4, low $2.23). RCKY's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $468.99M (high $471.59M, low $466.4M), average EBITDA is $49.81M (high $50.09M, low $49.54M), average net income is $23.97M (high $24.49M, low $23.45M), average SG&A $106.55M (high $107.14M, low $105.96M), and average EPS is $3.19 (high $3.26, low $3.13).

Did the RCKY's actual financial results beat the analysts' financial forecasts?

Based on Rocky Brands's last annual report (Dec 2023), the company's revenue was $461.83M, which missed the average analysts forecast of $477.82M by -3.35%. Apple's EBITDA was $37.36M, missing the average prediction of $52.27M by -28.54%. The company's net income was $10.43M, missing the average estimation of $17.22M by -39.46%. Apple's SG&A was $141.24M, beating the average forecast of $108.56M by 30.11%. Lastly, the company's EPS was $1.41, missing the average prediction of $1.45 by -2.95%. In terms of the last quarterly report (Dec 2023), Rocky Brands's revenue was $125.95M, missing the average analysts' forecast of $131.59M by -4.28%. The company's EBITDA was $14.84M, beating the average prediction of $13.98M by 6.15%. Rocky Brands's net income was $6.71M, missing the average estimation of $7.68M by -12.58%. The company's SG&A was $35.89M, beating the average forecast of $29.9M by 20.06%. Lastly, the company's EPS was $0.91, missing the average prediction of $1.02 by -11.07%