Deckers Outdoor (NYSE:DECK) Price Target Cut to $125.00 by Analysts at Robert W. Baird

Key Points

• Deckers Outdoor's target price has been lowered from $150.00 to $125.00 by analysts at Robert W. Baird, who still maintain an "outperform" rating on the stock.
• The stock is currently rated as a "Moderate Buy" with a consensus average target price of $128.21.
• In its latest quarterly earnings report, Deckers Outdoor achieved an EPS of $1.82, exceeding expectations and representing a 9.1% year-over-year revenue increase.

Deckers Outdoor (NYSE:DECK - Get Free Report) had its target price lowered by equities researchers at Robert W. Baird from $150.00 to $125.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an "outperform" rating on the textile maker's stock. Robert W. Baird's price target points to a potential upside of 21.61% from the company's current price.

Other research analysts also recently issued research reports about the stock. Sanford C. Bernstein initiated coverage on shares of Deckers Outdoor in a research report on Thursday, September 18th. They set an "underperform" rating and a $100.00 target price on the stock. The Goldman Sachs Group dropped their target price on shares of Deckers Outdoor from $90.00 to $87.00 and set a "sell" rating on the stock in a research report on Tuesday, July 22nd. Weiss Ratings reiterated a "hold (c)" rating on shares of Deckers Outdoor in a research report on Wednesday, October 8th. Barclays boosted their price target on shares of Deckers Outdoor from $134.00 to $141.00 and gave the company an "overweight" rating in a research note on Friday, September 12th. Finally, UBS Group set a $157.00 price target on shares of Deckers Outdoor and gave the company a "buy" rating in a research note on Wednesday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $128.21.

Deckers Outdoor Stock Performance

Shares of NYSE DECK opened at $102.79 on Friday. The company has a market capitalization of $15.25 billion, a P/E ratio of 15.77, a price-to-earnings-growth ratio of 3.86 and a beta of 1.05. Deckers Outdoor has a 52-week low of $93.72 and a 52-week high of $223.98. The company's 50 day moving average price is $108.96 and its 200-day moving average price is $108.65.

Deckers Outdoor (NYSE:DECK - Get Free Report) last issued its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.58 by $0.24. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the company earned $1.59 EPS. The company'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. Analysts forecast that Deckers Outdoor will post 5.89 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Maha Saleh Ibrahim sold 300 shares of the firm's stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $118.02, for a total value of $35,406.00. Following the sale, the director directly owned 10,979 shares of the company's stock, valued at $1,295,741.58. This trade represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Deckers Outdoor

Institutional investors and hedge funds have recently bought and sold shares of the stock. American National Bank & Trust raised its stake in Deckers Outdoor by 77.4% in the third quarter. American National Bank & Trust now owns 243 shares of the textile maker's stock valued at $25,000 after purchasing an additional 106 shares in the last quarter. True Wealth Design LLC raised its stake in Deckers Outdoor by 2,440.0% in the third quarter. True Wealth Design LLC now owns 254 shares of the textile maker's stock valued at $26,000 after purchasing an additional 244 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Deckers Outdoor by 330.8% in the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker's stock valued at $29,000 after purchasing an additional 215 shares in the last quarter. CVA Family Office LLC grew its position in Deckers Outdoor by 137.4% during the second quarter. CVA Family Office LLC now owns 311 shares of the textile maker's stock valued at $32,000 after acquiring an additional 180 shares during the last quarter. Finally, Rakuten Securities Inc. grew its position in 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 acquiring an additional 100 shares during the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

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.

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