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

Key Points

• Deckers Outdoor Corporation has received an average rating of "Moderate Buy" from 26 analysts, with price targets ranging from $128.00 to $157.00.
• The company reported earnings of $0.93 per share in its last quarter, exceeding analyst expectations and showing a 16.9% increase in revenue year-over-year.
• Institutional investors hold a significant 97.79% of Deckers Outdoor's stocks, indicating strong institutional confidence in the company.

Shares of Deckers Outdoor Corporation (NYSE:DECK - Get Free Report) have received an average rating of "Moderate Buy" from the twenty-six analysts that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation, nine have given a buy recommendation and three have issued a strong buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $136.2632.

Several equities analysts recently weighed in on the stock. UBS Group set a $157.00 price target on shares of Deckers Outdoor and gave the company a "buy" rating in a research report on Wednesday, October 8th. Weiss Ratings reiterated a "hold (c)" rating on shares of Deckers Outdoor in a research note on Wednesday, October 8th. KeyCorp upgraded shares of Deckers Outdoor from a "hold" rating to a "strong-buy" rating in a research note on Friday, October 10th. Barclays raised their target price on Deckers Outdoor from $134.00 to $141.00 and gave the stock an "overweight" rating in a research report on Friday, September 12th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $128.00 price target (up previously from $120.00) on shares of Deckers Outdoor in a research report on Wednesday, July 23rd.

Insiders Place Their Bets

In related news, Director Maha Saleh Ibrahim sold 300 shares of the business's stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the sale, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.40% of the company's stock.

Institutional Investors Weigh In On Deckers Outdoor

Large investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. increased its stake in Deckers Outdoor by 330.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker's stock worth $29,000 after acquiring an additional 215 shares during the last quarter. CVA Family Office LLC grew its holdings in shares of Deckers Outdoor by 137.4% during the second quarter. CVA Family Office LLC now owns 311 shares of the textile maker's stock worth $32,000 after purchasing an additional 180 shares in the last quarter. Rakuten Securities Inc. increased its position in shares of Deckers Outdoor by 45.5% in the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker's stock worth $33,000 after purchasing an additional 100 shares during the last quarter. Mountain Hill Investment Partners Corp. purchased a new stake in Deckers Outdoor in the first quarter valued at approximately $34,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in Deckers Outdoor in the second quarter valued at approximately $41,000. Institutional investors own 97.79% of the company's stock.

Deckers Outdoor Stock Down 3.0%

Shares of NYSE DECK opened at $96.35 on Thursday. The company has a market capitalization of $14.29 billion, a PE ratio of 14.78, a PEG ratio of 3.79 and a beta of 1.05. The stock's 50 day moving average price is $109.20 and its 200-day moving average price is $109.00. Deckers Outdoor has a twelve month low of $93.72 and a twelve month high of $223.98.

Deckers Outdoor (NYSE:DECK - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.25. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The business had revenue of $964.54 million for the quarter, compared to analysts' expectations of $901.45 million. During the same quarter in the previous year, the firm earned $4.52 earnings per share. The business's revenue was up 16.9% on a year-over-year basis. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, research analysts expect that Deckers Outdoor will post 5.89 EPS for the current fiscal year.

Deckers Outdoor Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.