Brokers Set Expectations for Deckers Outdoor FY2025 Earnings

Deckers Outdoor Co. (NYSE:DECK - Free Report) - Equities research analysts at Telsey Advisory Group boosted their FY2025 earnings per share estimates for Deckers Outdoor in a research report issued to clients and investors on Friday, May 16th. Telsey Advisory Group analyst D. Telsey now expects that the textile maker will post earnings of $6.01 per share for the year, up from their prior forecast of $5.90. Telsey Advisory Group currently has a "Outperform" rating and a $240.00 price target on the stock. The consensus estimate for Deckers Outdoor's current full-year earnings is $5.89 per share.

DECK has been the subject of a number of other reports. Raymond James raised shares of Deckers Outdoor from an "outperform" rating to a "strong-buy" rating and reduced their target price for the stock from $235.00 to $150.00 in a research note on Thursday, April 10th. Piper Sandler reduced their price objective on Deckers Outdoor from $210.00 to $100.00 and set a "neutral" rating for the company in a research report on Friday, April 11th. Truist Financial dropped their target price on Deckers Outdoor from $235.00 to $225.00 and set a "buy" rating on the stock in a research report on Friday, January 31st. Citigroup reduced their price target on Deckers Outdoor from $215.00 to $150.00 and set a "buy" rating for the company in a research report on Monday, April 28th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $246.00 price target on shares of Deckers Outdoor in a research note on Friday, January 31st. Nine research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $162.16.

Deckers Outdoor Stock Performance

Shares of Deckers Outdoor stock opened at $127.82 on Monday. The firm has a fifty day moving average of $114.19 and a two-hundred day moving average of $159.45. The stock has a market capitalization of $19.40 billion, a price-to-earnings ratio of 20.72, a PEG ratio of 1.68 and a beta of 1.11. Deckers Outdoor has a 52 week low of $93.72 and a 52 week high of $223.98.

Insider Activity

In other Deckers Outdoor news, Director David Powers sold 25,000 shares of the company's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $138.84, for a total value of $3,471,000.00. Following the completion of the transaction, the director now directly owns 241,777 shares in the company, valued at $33,568,318.68. This represents a 9.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $134.48, for a total transaction of $40,344.00. Following the sale, the director now owns 10,388 shares in the company, valued at approximately $1,396,978.24. The trade was a 2.81% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.40% of the company's stock.

Hedge Funds Weigh In On Deckers Outdoor

Several institutional investors have recently bought and sold shares of the stock. Mpwm Advisory Solutions LLC purchased a new position in shares of Deckers Outdoor during the fourth quarter valued at about $26,000. Headlands Technologies LLC purchased a new position in Deckers Outdoor during the 4th quarter valued at approximately $29,000. Vega Investment Solutions purchased a new position in Deckers Outdoor during the 4th quarter valued at approximately $29,000. Global Trust Asset Management LLC bought a new stake in Deckers Outdoor in the 4th quarter worth approximately $31,000. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Deckers Outdoor by 250.0% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 168 shares of the textile maker's stock worth $34,000 after acquiring an additional 120 shares in the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

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 in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.

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