Corient Private Wealth LP purchased a new position in Deckers Outdoor Corporation (NYSE:DECK - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 24,688 shares of the textile maker's stock, valued at approximately $2,451,000.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Geneos Wealth Management Inc. raised its holdings in Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker's stock worth $29,000 after purchasing an additional 215 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in Deckers Outdoor in the fourth quarter worth approximately $30,000. Rakuten Securities Inc. boosted its stake in Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker's stock valued at $33,000 after purchasing an additional 100 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in Deckers Outdoor during the 4th quarter valued at $35,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of Deckers Outdoor during the 2nd quarter valued at $46,000. 97.79% of the stock is currently owned by institutional investors.
Deckers Outdoor Price Performance
DECK stock opened at $83.76 on Thursday. The firm has a market capitalization of $11.41 billion, a P/E ratio of 11.88, a P/E/G ratio of 1.31 and a beta of 1.15. Deckers Outdoor Corporation has a 52-week low of $78.91 and a 52-week high of $125.45. The company's 50 day simple moving average is $97.93 and its 200-day simple moving average is $103.46.
Deckers Outdoor (NYSE:DECK - Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The textile maker reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.88 by $0.06. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same quarter last year, the business posted $0.93 EPS. The company's revenue was up 5.7% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. Sell-side analysts predict that Deckers Outdoor Corporation will post 7.5 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
DECK has been the topic of a number of research reports. Needham & Company LLC dropped their price objective on Deckers Outdoor from $138.00 to $125.00 and set a "buy" rating on the stock in a research note on Friday, July 24th. Telsey Advisory Group decreased their target price on Deckers Outdoor from $113.00 to $105.00 and set a "market perform" rating for the company in a research note on Friday, July 24th. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $105.00 target price on shares of Deckers Outdoor in a report on Friday, May 22nd. KeyCorp reiterated a "sector weight" rating on shares of Deckers Outdoor in a research report on Friday, July 24th. Finally, Argus set a $128.00 price target on shares of Deckers Outdoor in a report on Friday, May 29th. Nine research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, Deckers Outdoor currently has an average rating of "Hold" and a consensus target price of $117.16.
View Our Latest Analysis on DECK
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Deckers Outdoor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deckers Outdoor wasn't on the list.
While Deckers Outdoor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
The space race is growing fast, and you don’t have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
