Analysts Set Deckers Outdoor Corporation (NYSE:DECK) Price Target at $117.58

Shares of Deckers Outdoor Corporation (NYSE:DECKGet Free Report) have received an average rating of “Hold” from the twenty-five research firms that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $117.5789.

Several equities analysts have recently issued reports on DECK shares. Telsey Advisory Group lowered their price target on Deckers Outdoor from $120.00 to $105.00 and set a “market perform” rating for the company in a research report on Friday, October 24th. Jefferies Financial Group reduced their price objective on shares of Deckers Outdoor from $114.00 to $107.00 and set a “hold” rating for the company in a research note on Thursday, October 23rd. Truist Financial set a $105.00 target price on shares of Deckers Outdoor and gave the stock a “buy” rating in a research note on Friday, October 24th. Cowen reiterated a “buy” rating on shares of Deckers Outdoor in a report on Friday, October 24th. Finally, Stifel Nicolaus raised shares of Deckers Outdoor from a “hold” rating to a “buy” rating and set a $117.00 price target for the company in a research report on Tuesday, November 18th.

Check Out Our Latest Research Report on Deckers Outdoor

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, insider Angela Ogbechie sold 1,460 shares of Deckers Outdoor stock in a transaction on Friday, October 31st. The stock was sold at an average price of $81.45, for a total value of $118,917.00. Following the completion of the sale, the insider owned 34,020 shares of the company’s stock, valued at approximately $2,770,929. This trade represents a 4.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.40% of the company’s stock.

Institutional Investors Weigh In On Deckers Outdoor

Several institutional investors have recently modified their holdings of the business. Geode Capital Management LLC lifted its stake in Deckers Outdoor by 2.7% during the 2nd quarter. Geode Capital Management LLC now owns 4,427,639 shares of the textile maker’s stock valued at $454,662,000 after acquiring an additional 114,779 shares during the period. Invesco Ltd. grew its stake in shares of Deckers Outdoor by 19.4% in the second quarter. Invesco Ltd. now owns 2,781,218 shares of the textile maker’s stock worth $286,660,000 after acquiring an additional 452,081 shares during the period. Norges Bank purchased a new position in shares of Deckers Outdoor during the second quarter valued at approximately $223,036,000. Viking Global Investors LP purchased a new position in shares of Deckers Outdoor during the third quarter valued at approximately $175,058,000. Finally, Northern Trust Corp lifted its position in Deckers Outdoor by 3.6% during the third quarter. Northern Trust Corp now owns 1,721,542 shares of the textile maker’s stock valued at $174,513,000 after purchasing an additional 60,029 shares during the period. 97.79% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor Stock Down 1.4%

Shares of DECK opened at $103.58 on Tuesday. The business’s 50 day moving average price is $91.75 and its 200-day moving average price is $101.52. Deckers Outdoor has a 52 week low of $78.91 and a 52 week high of $223.98. The stock has a market cap of $15.10 billion, a P/E ratio of 15.35, a P/E/G ratio of 4.68 and a beta of 1.15.

Deckers Outdoor (NYSE:DECKGet Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The textile maker reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.24. Deckers Outdoor had a return on equity of 40.54% and a net margin of 19.47%.The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the company earned $1.59 EPS. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, equities analysts anticipate that Deckers Outdoor will post 5.89 EPS for the current year.

Deckers Outdoor Company Profile

(Get Free Report)

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.

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Analyst Recommendations for Deckers Outdoor (NYSE:DECK)

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