Deckers Outdoor's (DECK) "Market Perform" Rating Reiterated at Telsey Advisory Group

Key Points

• Deckers Outdoor's stock has retained a "market perform" rating from Telsey Advisory Group, with a target price of $120.00, indicating a potential upside of 21.02% from its current price.
• Zacks Research upgraded Deckers Outdoor from a "hold" to a "strong-buy" rating, while various analysts have set differing target prices, indicating a range of investor sentiment.
• The company recently reported $0.93 EPS for the last quarter, exceeding expectations, and noted a 16.9% growth in revenue compared to the previous year.

Deckers Outdoor (NYSE:DECK - Get Free Report)'s stock had its "market perform" rating reaffirmed by equities research analysts at Telsey Advisory Group in a research note issued on Friday,Benzinga reports. They presently have a $120.00 target price on the textile maker's stock. Telsey Advisory Group's price target suggests a potential upside of 21.02% from the stock's current price.

Several other research firms have also commented on DECK. Zacks Research raised shares of Deckers Outdoor from a "hold" rating to a "strong-buy" rating in a research report on Friday, October 10th. Wells Fargo & Company lifted their price target on shares of Deckers Outdoor from $90.00 to $100.00 and gave the company an "equal weight" rating in a research report on Friday, July 25th. Robert W. Baird lifted their price target on shares of Deckers Outdoor from $140.00 to $150.00 and gave the company an "outperform" rating in a research report on Friday, July 25th. UBS Group set a $157.00 target price on shares of Deckers Outdoor and gave the company a "buy" rating in a report on Wednesday, October 8th. Finally, Truist Financial lifted their target price on shares of Deckers Outdoor from $130.00 to $145.00 and gave the company a "buy" rating in a report on Friday, July 25th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Deckers Outdoor currently has an average rating of "Moderate Buy" and a consensus target price of $136.26.

Deckers Outdoor Trading Up 2.8%

DECK stock opened at $99.16 on Friday. The company has a market cap of $14.71 billion, a price-to-earnings ratio of 15.21, a PEG ratio of 3.69 and a beta of 1.05. Deckers Outdoor has a 12 month low of $93.72 and a 12 month high of $223.98. The firm has a 50-day moving average of $109.15 and a two-hundred day moving average of $108.91.

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

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the business's stock in a transaction 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 completion of the transaction, the director owned 10,979 shares in the company, valued at $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Deckers Outdoor

Several institutional investors have recently modified their holdings of the company. Horizon Investments LLC raised its position in shares of Deckers Outdoor by 4.6% during the 1st quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker's stock worth $244,000 after buying an additional 96 shares in the last quarter. Cumberland Partners Ltd raised its position in shares of Deckers Outdoor by 0.4% during the 1st quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker's stock worth $3,130,000 after buying an additional 98 shares in the last quarter. Park Place Capital Corp raised its position in shares of Deckers Outdoor by 14.9% during the 2nd quarter. Park Place Capital Corp now owns 771 shares of the textile maker's stock worth $81,000 after buying an additional 100 shares in the last quarter. Rakuten Securities Inc. raised its position in shares of Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker's stock worth $33,000 after buying an additional 100 shares in the last quarter. Finally, Tower View Wealth Management LLC raised its position in shares of Deckers Outdoor by 1.1% during the 2nd quarter. Tower View Wealth Management LLC now owns 11,148 shares of the textile maker's stock worth $1,149,000 after buying an additional 117 shares in 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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