Deckers Outdoor Corporation (NYSE:DECK) Given Average Rating of “Hold” by Analysts

Shares of Deckers Outdoor Corporation (NYSE:DECK) have earned an average rating of “Hold” from the twenty-four analysts that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $121.1053.

Several analysts have issued reports on the stock. KeyCorp restated a “sector weight” rating on shares of Deckers Outdoor in a research report on Friday, May 22nd. Needham & Company LLC restated a “buy” rating and set a $138.00 price target on shares of Deckers Outdoor in a research report on Friday, May 22nd. Raymond James Financial lowered shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price target for the company. in a research report on Thursday, April 23rd. Argus set a $128.00 price target on shares of Deckers Outdoor in a research report on Friday, May 29th. Finally, KGI Securities lowered shares of Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price target for the company. in a research report on Friday, May 22nd.

Deckers Outdoor Stock Down 3.4%

NYSE DECK opened at $101.01 on Tuesday. The company has a 50-day simple moving average of $105.73 and a two-hundred day simple moving average of $105.87. Deckers Outdoor has a 12-month low of $78.91 and a 12-month high of $126.50. The firm has a market cap of $14.03 billion, a price-to-earnings ratio of 14.35, a PEG ratio of 2.07 and a beta of 1.16.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the business posted $1.00 earnings per share. The company’s revenue was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. Equities analysts expect that Deckers Outdoor will post 7.45 earnings per share for the current fiscal year.

Institutional Trading of Deckers Outdoor

Institutional investors have recently modified their holdings of the company. Rakuten Securities Inc. increased its stake in shares of Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after purchasing an additional 100 shares in the last quarter. Costello Asset Management INC increased its position in shares of Deckers Outdoor by 14.3% during the first quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock valued at $80,000 after acquiring an additional 100 shares in the last quarter. Hilton Head Capital Partners LLC increased its position in shares of Deckers Outdoor by 29.8% during the first quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock valued at $44,000 after acquiring an additional 101 shares in the last quarter. GW Henssler & Associates Ltd. increased its position in shares of Deckers Outdoor by 5.8% during the fourth quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock valued at $224,000 after acquiring an additional 118 shares in the last quarter. Finally, Cim LLC increased its position in shares of Deckers Outdoor by 1.1% during the first quarter. Cim LLC now owns 12,207 shares of the textile maker’s stock valued at $1,222,000 after acquiring an additional 133 shares in the last quarter. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Deckers Outdoor Company Profile

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.