Rocky Brands, Inc. (RCKY)

Rocky Brands Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Rocky Brands stock have an average target of 24.5, with a low estimate of 24 and a high estimate of 25. The average target predicts an increase of 15.75% from the current stock price of 21.17.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$24	$24.5	$25	$25
Change	+13.39%	+15.75%	+18.11%	+18.11%

Analyst Ratings

The average analyst rating for Rocky Brands stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Komp Baird	Baird	Hold Maintains $32 → $25	Hold	Maintains	$32 → $25	+18.11%	Oct 31, 2024
Jonathan Komp Baird	Baird	Hold Maintains $28 → $32	Hold	Maintains	$28 → $32	+51.19%	May 1, 2024
Jeff Kessler B. Riley Securities	B. Riley Securities	Hold Maintains $19 → $24	Hold	Maintains	$19 → $24	+13.39%	Feb 27, 2024
Jeff Kessler B. Riley Securities	B. Riley Securities	Hold Maintains $25 → $21	Hold	Maintains	$25 → $21	-0.78%	Sep 21, 2023
Jeff Kessler B. Riley Securities	B. Riley Securities	Hold Maintains $28 → $25	Hold	Maintains	$28 → $25	+18.11%	May 3, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

468.03M

Increased by 1.34%

from 461.83M

Revenue Next Year

494.60M

Increased by 5.68%

from 468.03M

EPS This Year

2.67

Increased by 89.17%

from 1.41

EPS Next Year

3.37

Increased by 26.20%

from 2.67

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	270.41M	277.31M	514.23M	615.48M	461.83M	468.03M	494.60M
Revenue Growth	7.01%	2.55%	85.43%	19.69%	-24.96%	1.34%	5.68%
EPS	2.35	2.86	2.77	2.78	1.41	2.67	3.37
EPS Growth	20.51%	21.70%	-3.15%	0.36%	-49.28%	89.17%	26.20%
Forward PE	-	-	-	-	-	7.94	6.29
No. Analysts	-	-	-	-	-	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	482.4M	509.5M
Avg	468.0M	494.6M
Low	449.1M	474.9M

Revenue Growth

Revenue Growth	2024	2025
High	4.4%	8.9%
Avg	1.3%	5.7%
Low	-2.8%	1.5%

EPS Forecast

EPS	2024	2025
High	2.87	3.94
Avg	2.67	3.37
Low	2.45	2.79

EPS Growth

EPS Growth	2024	2025
High	103.3%	47.6%
Avg	89.2%	26.2%
Low	73.8%	4.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.