Rocky Brands (NASDAQ:RCKY – Get Free Report) had its price target upped by analysts at Robert W. Baird from $50.00 to $52.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has a “neutral” rating on the textile maker’s stock. Robert W. Baird‘s price target would suggest a potential upside of 16.67% from the stock’s previous close.
A number of other analysts have also weighed in on the stock. Weiss Ratings raised shares of Rocky Brands from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 6th. Wall Street Zen raised Rocky Brands from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 9th. Finally, BTIG Research reiterated a “neutral” rating on shares of Rocky Brands in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $52.00.
Get Our Latest Stock Analysis on RCKY
Rocky Brands Stock Down 2.5%
Rocky Brands stock opened at $44.57 on Wednesday. The stock has a 50-day simple moving average of $45.18 and a 200 day simple moving average of $40.84. Rocky Brands has a 12-month low of $27.22 and a 12-month high of $53.01.
Rocky Brands (NASDAQ:RCKY – Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The textile maker reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.26. The company had revenue of $138.81 million during the quarter, compared to analyst estimates of $129.84 million.
Insider Buying and Selling at Rocky Brands
In other Rocky Brands news, Director Tracie Winbigler sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $47.45, for a total value of $142,350.00. Following the transaction, the director directly owned 14,246 shares of the company’s stock, valued at approximately $675,972.70. This trade represents a 17.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William Jordan sold 2,011 shares of Rocky Brands stock in a transaction on Friday, July 31st. The stock was sold at an average price of $48.48, for a total transaction of $97,493.28. Following the sale, the director directly owned 21,940 shares of the company’s stock, valued at $1,063,651.20. This represents a 8.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 15,483 shares of company stock valued at $763,214. 7.60% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Rocky Brands
Several hedge funds have recently added to or reduced their stakes in RCKY. Legal & General Group Plc acquired a new position in shares of Rocky Brands during the 2nd quarter worth about $29,000. SG Americas Securities LLC acquired a new stake in shares of Rocky Brands in the 1st quarter valued at approximately $149,000. James Investment Research Inc. acquired a new stake in shares of Rocky Brands in the 1st quarter valued at approximately $211,000. Principal Financial Group Inc. acquired a new stake in shares of Rocky Brands in the 1st quarter valued at approximately $233,000. Finally, Deutsche Bank AG bought a new position in Rocky Brands during the 2nd quarter worth approximately $278,000. Institutional investors and hedge funds own 75.06% of the company’s stock.
Trending Headlines about Rocky Brands
Here are the key news stories impacting Rocky Brands this week:
- Positive Sentiment: Rocky Brands reported third-quarter earnings of $1.76 per share, exceeding analysts’ consensus estimate of $1.50, while revenue reached $138.81 million versus expectations of $129.84 million. Rocky Brands third-quarter earnings report
- Positive Sentiment: The quarter marked Rocky Brands’ second consecutive period of double-digit growth, while an expansion in margins helped drive a reported earnings beat of roughly 17%. Rocky Brands Q3 2026 earnings analysis
- Positive Sentiment: Management raised its 2026 forecast, now expecting revenue growth of approximately 10.5% and reported EPS of about $5.30. Higher guidance signals continued confidence in demand and profitability. Rocky Brands raises 2026 outlook
- Neutral Sentiment: Reported short interest was listed at zero shares as of October 26, implying little measurable short-selling pressure, although the data provides limited insight into future trading activity.
About Rocky Brands
Rocky Brands, Inc is an American footwear and apparel company headquartered in Nelsonville, Ohio. Founded in 1932, the company develops, manufactures, and markets work, outdoor, western, hunting, and military footwear, along with related apparel and accessories.
Its brand portfolio includes Rocky, Georgia Boot, Durango, and Lehigh Safety Shoe. Products are designed for applications such as construction, industrial work, farming, law enforcement, outdoor recreation, hunting, and everyday wear.
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