Ancora Advisors LLC bought a new position in shares of Deckers Outdoor Corporation (NYSE:DECK - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 51,042 shares of the textile maker's stock, valued at approximately $5,068,000.
A number of other large investors have also bought and sold shares of DECK. Geneos Wealth Management Inc. grew its stake in shares of Deckers Outdoor by 330.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker's stock valued at $29,000 after buying an additional 215 shares during the period. Elyxium Wealth LLC acquired a new stake in Deckers Outdoor in the fourth quarter valued at approximately $30,000. Rakuten Securities Inc. increased its holdings in shares of 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 in the last quarter. Activest Wealth Management increased its holdings in shares of Deckers Outdoor by 298.8% during the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker's stock valued at $34,000 after acquiring an additional 245 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of Deckers Outdoor during the fourth quarter worth approximately $35,000. 97.79% of the stock is currently owned by institutional investors and hedge funds.
Deckers Outdoor Stock Performance
Shares of DECK stock opened at $89.43 on Thursday. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $125.45. The company has a 50-day simple moving average of $100.00 and a two-hundred day simple moving average of $104.50. The company has a market capitalization of $12.18 billion, a price-to-earnings ratio of 12.69, a PEG ratio of 1.65 and a beta of 1.17.
Deckers Outdoor (NYSE:DECK - Get Free Report) last posted its earnings results on Thursday, July 23rd. The textile maker reported $0.94 EPS for the quarter, topping the consensus estimate of $0.88 by $0.06. The firm had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $1.02 billion. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The company's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.93 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. On average, sell-side analysts forecast that Deckers Outdoor Corporation will post 7.5 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several analysts recently issued reports on DECK shares. KGI Securities downgraded shares of Deckers Outdoor from an "outperform" rating to a "neutral" rating and set a $117.00 price target for the company. in a research report on Friday, May 22nd. Truist Financial lowered their price objective on shares of Deckers Outdoor from $125.00 to $105.00 and set a "buy" rating on the stock in a report on Friday, July 24th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Deckers Outdoor in a research note on Friday, July 17th. Barclays set a $133.00 price objective on shares of Deckers Outdoor and gave the company an "overweight" rating in a research note on Friday, July 24th. Finally, KeyCorp reiterated a "sector weight" rating on shares of Deckers Outdoor in a report on Friday, July 24th. Nine analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $117.16.
View Our Latest Stock Report on Deckers Outdoor
Deckers Outdoor Profile
(
Free Report)
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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