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home / news releases / RCKY - Rocky Brands: 107% Q4 EPS Growth Raising Estimates Buy At 8.6x P/E

RCKY - Rocky Brands: 107% Q4 EPS Growth Raising Estimates Buy At 8.6x P/E

Rocky Brands Inc.
  • Stellar 4Q20 Earnings with adjusted-EPS up 107% YoY.
  • Strong demand and revenue growth.
  • Highly accretive acquisition of Honeywell’s portfolio of brands likely to close by March.
  • The stock is trading at 8.6x P/E on FY2022.
  • We increase our base 2021 EPS estimate for Rocky Brands [ex-acquisition] by 20% factoring in the better top line and gross margin.

For further details see:

Rocky Brands: 107% Q4 EPS Growth, Raising Estimates, Buy At 8.6x P/E
Stock Information
Company Name: Rocky Brands Inc.
Stock Symbol: RCKY
Market: NASDAQ
Website: rockybrands.com
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