Deckers Outdoor Corp. (NYSE:DECK) has been given an average recommendation of “Hold” by the twenty-three brokerages that are currently covering the company. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $57.90.

A number of equities research analysts recently commented on DECK shares. Susquehanna lowered Deckers Outdoor Corp. from a “neutral” rating to a “negative” rating and dropped their target price for the company from $59.00 to $49.00 in a research report on Thursday, October 13th. Zacks Investment Research lowered Deckers Outdoor Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday, October 19th. Stifel Nicolaus upgraded Deckers Outdoor Corp. from a “hold” rating to a “buy” rating and upped their price objective for the stock from $60.00 to $68.00 in a research report on Friday, November 11th. Telsey Advisory Group upgraded Deckers Outdoor Corp. from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $68.00 to $78.00 in a research report on Monday, August 15th. Finally, Guggenheim assumed coverage on Deckers Outdoor Corp. in a research report on Friday, September 30th. They issued a “neutral” rating on the stock.

Several hedge funds have recently modified their holdings of DECK. Vanguard Group Inc. boosted its position in shares of Deckers Outdoor Corp. by 5.0% in the second quarter. Vanguard Group Inc. now owns 2,300,889 shares of the company’s stock worth $132,347,000 after buying an additional 110,055 shares during the period. BlackRock Fund Advisors boosted its position in shares of Deckers Outdoor Corp. by 6.2% in the third quarter. BlackRock Fund Advisors now owns 1,684,849 shares of the company’s stock worth $100,333,000 after buying an additional 98,907 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Deckers Outdoor Corp. by 101.1% in the third quarter. Bank of New York Mellon Corp now owns 1,636,248 shares of the company’s stock worth $97,438,000 after buying an additional 822,494 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Deckers Outdoor Corp. by 45.8% in the second quarter. Dimensional Fund Advisors LP now owns 1,544,662 shares of the company’s stock worth $88,849,000 after buying an additional 485,222 shares during the period. Finally, State Street Corp boosted its position in shares of Deckers Outdoor Corp. by 4.7% in the first quarter. State Street Corp now owns 1,062,989 shares of the company’s stock worth $63,686,000 after buying an additional 48,016 shares during the period.

Shares of Deckers Outdoor Corp. (NYSE:DECK) opened at 62.53 on Tuesday. Deckers Outdoor Corp. has a 52-week low of $40.74 and a 52-week high of $69.94. The stock’s 50 day moving average is $56.76 and its 200 day moving average is $58.68. The company has a market cap of $2.01 billion, a PE ratio of 17.98 and a beta of 0.88.

Deckers Outdoor Corp. (NYSE:DECK) last issued its earnings results on Thursday, October 27th. The company reported $1.23 EPS for the quarter, beating the Zacks’ consensus estimate of $1.19 by $0.04. The firm had revenue of $485.90 million for the quarter, compared to analyst estimates of $495.75 million. Deckers Outdoor Corp. had a return on equity of 14.80% and a net margin of 6.19%. Deckers Outdoor Corp.’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.17 earnings per share. Equities analysts forecast that Deckers Outdoor Corp. will post $4.15 EPS for the current year.

Deckers Outdoor Corp. Company Profile

Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. The Company’s segments include operations of its brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions, and Direct-to-Consumer (DTC) business, which includes E-Commerce business and retail store business.

5 Day Chart for NYSE:DECK

Receive News & Stock Ratings for Deckers Outdoor Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor Corp. and related stocks with our FREE daily email newsletter.