Is Rocky Brands Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: RCKY) stock is to Hold RCKY stock.
Out of 1 analyst, 0 (0%) are recommending RCKY as a Strong Buy, 0 (0%) are recommending RCKY as a Buy, 1 (100%) are recommending RCKY as a Hold, 0 (0%) are recommending RCKY as a Sell, and 0 (0%) are recommending RCKY as a Strong Sell.
What is RCKY's forecast return on equity (ROE) for 2023-2023?
(NASDAQ: RCKY) forecast ROE is 18.57%, which is considered weak.
What is RCKY's Price Target?
According to 1 Wall Street analyst that have issued a 1 year RCKY price target, the average RCKY price target is $25.00, with the highest RCKY stock price forecast at $25.00 and the lowest RCKY stock price forecast at $25.00.
The Wall Street analyst predicted that Rocky Brands's share price could reach $25.00 by May 3, 2024. The average Rocky Brands stock price prediction forecasts a potential upside of 29.2% from the current RCKY share price of $19.35.
What is RCKY's forecast return on assets (ROA) for 2023-2023?
(NASDAQ: RCKY) forecast ROA is 7.38%, which is lower than the forecast US Footwear & Accessories industry average of 11.76%.
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