Deckers Outdoor (DECK) Receives Hold Rating from Pivotal Research
Deckers Outdoor (NYSE:DECK)‘s stock had its “hold” rating reaffirmed by equities researchers at Pivotal Research in a research report issued to clients and investors on Monday, MarketBeat Ratings reports. They presently have a $146.00 price target on the textile maker’s stock, up from their prior price target of $138.00. Pivotal Research’s price target indicates a potential downside of 1.80% from the stock’s previous close.
A number of other equities analysts have also commented on DECK. ValuEngine raised shares of Deckers Outdoor from a “hold” rating to a “buy” rating in a research note on Monday, April 15th. Canaccord Genuity reaffirmed a “buy” rating and issued a $164.00 price objective (up previously from $143.00) on shares of Deckers Outdoor in a research note on Friday, February 1st. Jefferies Financial Group set a $132.00 price objective on shares of Deckers Outdoor and gave the stock a “hold” rating in a research note on Saturday, February 2nd. Zacks Investment Research lowered shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 3rd. Finally, Wells Fargo & Co began coverage on shares of Deckers Outdoor in a research note on Tuesday, April 23rd. They issued a “market perform” rating and a $163.00 price objective for the company. Thirteen research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $135.50.
Deckers Outdoor stock opened at $148.67 on Monday. The company has a current ratio of 3.06, a quick ratio of 2.19 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $4.15 billion, a price-to-earnings ratio of 25.90, a price-to-earnings-growth ratio of 1.78 and a beta of 0.74. Deckers Outdoor has a 1 year low of $101.62 and a 1 year high of $159.75.
About Deckers Outdoor
Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities. It offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and footwear under the Sanuk brand name.
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