Analyzing Rocky Brands (RCKY) and Its Competitors

Rocky Brands (NASDAQ:RCKY) is one of 117 public companies in the “Textiles, Apparel & Luxury Goods” industry, but how does it weigh in compared to its peers? We will compare Rocky Brands to similar companies based on the strength of its dividends, valuation, earnings, risk, institutional ownership, analyst recommendations and profitability.

Insider and Institutional Ownership

75.1% of Rocky Brands shares are held by institutional investors. Comparatively, 54.1% of shares of all “Textiles, Apparel & Luxury Goods” companies are held by institutional investors. 7.6% of Rocky Brands shares are held by insiders. Comparatively, 16.1% of shares of all “Textiles, Apparel & Luxury Goods” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Dividends

Rocky Brands pays an annual dividend of $0.68 per share and has a dividend yield of 1.3%. Rocky Brands pays out 14.9% of its earnings in the form of a dividend. As a group, “Textiles, Apparel & Luxury Goods” companies pay a dividend yield of 3.4% and pay out 22.9% of their earnings in the form of a dividend.

Profitability

This table compares Rocky Brands and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Rocky Brands	6.62%	14.08%	7.51%
Rocky Brands Competitors	-3.21%	14.02%	2.94%

Earnings & Valuation

This table compares Rocky Brands and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Rocky Brands	$481.98 million	$22.27 million	11.62
Rocky Brands Competitors	$5.65 billion	$471.75 million	24.07

Rocky Brands’ peers have higher revenue and earnings than Rocky Brands. Rocky Brands is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Rocky Brands and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Rocky Brands	0	2	1	0	2.33
Rocky Brands Competitors	1656	7661	10087	364	2.46

Rocky Brands currently has a consensus price target of $52.00, suggesting a potential downside of 1.68%. As a group, “Textiles, Apparel & Luxury Goods” companies have a potential upside of 9.59%. Given Rocky Brands’ peers stronger consensus rating and higher possible upside, analysts plainly believe Rocky Brands has less favorable growth aspects than its peers.

Risk & Volatility

Rocky Brands has a beta of 2.39, suggesting that its stock price is 139% more volatile than the S&P 500. Comparatively, Rocky Brands’ peers have a beta of 0.92, suggesting that their average stock price is 8% less volatile than the S&P 500.

Summary

Rocky Brands peers beat Rocky Brands on 9 of the 15 factors compared.

Rocky Brands Company Profile

Rocky Brands, Inc. designs, develops, manufactures and markets footwear, apparel and accessories for work, outdoor, western, duty and lifestyle markets. Its products include work boots, hunting and outdoor footwear, western boots, rubber boots and related apparel. The company sells products under brands including Rocky, Georgia Boot, Durango, XTRATUF, Muck and Lehigh. Its customers include wholesale and retail businesses, government agencies and consumers purchasing through the company’s e-commerce operations.