Deckers Outdoor Corporation (NYSE:DECK) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Deckers Outdoor has a consensus analyst rating of "Hold" from 24 research firms, with 2 sell ratings, 13 hold ratings, and 9 buy ratings. The average 12-month price target is about $121.11.
• The company recently reported better-than-expected quarterly results, posting EPS of $0.96 versus estimates of $0.81 and revenue of $1.12 billion versus $1.09 billion expected. Revenue rose 9.5% year over year.
• Deckers shares last traded around $106.50, near their 50-day and 200-day moving averages, with a market value of $14.79 billion. Institutional investors own a very large share of the stock, at 97.79%.

Shares of Deckers Outdoor Corporation (NYSE:DECK - Get Free Report) have received a consensus rating of "Hold" from the twenty-four research firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $121.1053.

DECK has been the subject of several research analyst reports. Zacks Research lowered shares of Deckers Outdoor from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 21st. Weiss Ratings reiterated a "hold (c)" rating on shares of Deckers Outdoor in a research note on Monday, April 20th. Telsey Advisory Group set a $113.00 price objective on Deckers Outdoor in a report on Friday, May 22nd. Piper Sandler reissued a "neutral" rating on shares of Deckers Outdoor in a research report on Thursday, June 11th. Finally, UBS Group boosted their target price on Deckers Outdoor from $145.00 to $161.00 and gave the company a "buy" rating in a research note on Friday, May 22nd.

Deckers Outdoor Stock Performance

Shares of NYSE:DECK opened at $106.50 on Friday. The company has a market capitalization of $14.79 billion, a P/E ratio of 15.13, a price-to-earnings-growth ratio of 2.15 and a beta of 1.17. The company's 50-day moving average is $105.55 and its 200 day moving average is $106.18. Deckers Outdoor has a fifty-two week low of $78.91 and a fifty-two week high of $126.50.

Deckers Outdoor (NYSE:DECK - Get Free Report) last posted its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.81 by $0.15. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The firm's quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, research analysts predict that Deckers Outdoor will post 7.46 earnings per share for the current year.

Institutional Trading of Deckers Outdoor

Several hedge funds and other institutional investors have recently modified their holdings of the business. Rakuten Securities Inc. boosted its stake in Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker's stock worth $33,000 after buying an additional 100 shares during the last quarter. Costello Asset Management INC boosted its stake in Deckers Outdoor by 14.3% during the first quarter. Costello Asset Management INC now owns 800 shares of the textile maker's stock worth $80,000 after buying an additional 100 shares during the period. Hilton Head Capital Partners LLC boosted its position in shares of Deckers Outdoor by 29.8% during the 1st quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker's stock worth $44,000 after purchasing an additional 101 shares during the period. GW Henssler & Associates Ltd. boosted its position in shares of Deckers Outdoor by 5.8% during the 4th quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker's stock worth $224,000 after purchasing an additional 118 shares during the period. Finally, Cim LLC increased its holdings in Deckers Outdoor by 1.1% in the 1st quarter. Cim LLC now owns 12,207 shares of the textile maker's stock valued at $1,222,000 after purchasing an additional 133 shares during the last quarter. Institutional investors own 97.79% of the company's stock.

About Deckers Outdoor

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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