Outdoor Stocks Worth Watching - November 3rd

Key Points

• Five outdoor-related stocks—On Holding, V.F., Deckers Outdoor, Trex, and Louisiana-Pacific—were identified as the sector’s highest-dollar-volume names in recent trading. Their businesses span athleticwear, footwear, apparel, decking, siding, and other outdoor products.
• On Holding and V.F. gained on Tuesday, while Deckers Outdoor, Trex, and Louisiana-Pacific declined. On Holding had the largest market capitalization at approximately $23.3 billion.
• Valuations varied widely: Deckers traded at a relatively low P/E ratio of 11.14, while Louisiana-Pacific had a much higher P/E ratio of 93.56 and Trex traded at 30.06.

ON, V.F., Deckers Outdoor, Trex, and Louisiana-Pacific are the five Outdoor stocks to watch today, according to MarketBeat's stock screener tool. “Outdoor stocks” are shares of companies that make or sell products and services related to outdoor recreation, such as camping gear, sporting goods, apparel, boats, or travel experiences. Their performance may be influenced by consumer spending, tourism, weather, seasonal demand, and broader economic conditions. These companies had the highest dollar trading volume of any Outdoor stocks within the last several days.

ON (ONON)

On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, all-day activities, and tennis. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own stores.

NYSE ONON traded up $0.94 on Tuesday, reaching $36.47. The company's stock had a trading volume of 4,338,814 shares, compared to its average volume of 7,155,730. ON has a twelve month low of $26.36 and a twelve month high of $51.08. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.25 and a current ratio of 2.83. The firm's 50 day moving average is $30.83 and its two-hundred day moving average is $36.67. The stock has a market cap of $23.27 billion, a PE ratio of 24.76, a PEG ratio of 0.63 and a beta of 2.08.

Read Our Latest Research Report on ONON

V.F. (VFC)

VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.

Shares of NYSE VFC traded up $0.28 during midday trading on Tuesday, reaching $19.67. The company's stock had a trading volume of 5,158,474 shares, compared to its average volume of 7,674,545. The company has a current ratio of 1.47, a quick ratio of 0.78 and a debt-to-equity ratio of 1.48. The company has a 50 day moving average price of $14.80 and a 200 day moving average price of $16.95. V.F. has a one year low of $12.45 and a one year high of $22.27. The company has a market cap of $7.74 billion, a price-to-earnings ratio of 21.33, a price-to-earnings-growth ratio of 0.89 and a beta of 1.49.

Read Our Latest Research Report on VFC

Deckers Outdoor (DECK)

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.

Deckers Outdoor stock traded down $0.94 during mid-day trading on Tuesday, hitting $84.06. The company's stock had a trading volume of 976,671 shares, compared to its average volume of 2,574,775. The stock has a market capitalization of $11.45 billion, a P/E ratio of 11.14, a P/E/G ratio of 1.29 and a beta of 1.12. Deckers Outdoor has a twelve month low of $77.20 and a twelve month high of $122.29. The stock's fifty day moving average price is $82.52 and its two-hundred day moving average price is $99.18.

Read Our Latest Research Report on DECK

Trex (TREX)

Trex Company, Inc. manufactures and distributes composite decking, railing, and outdoor living products and accessories for residential and commercial markets in the United States. It offers decking products and accessories under the names Trex Transcend, Trex Select, Trex Signature, Trex Transcend Lineage, and Trex Enhance for protection against fading, staining, mold, and scratching; Trex Hideaway, a hidden fastening system; and Trex DeckLighting, a LED dimmable deck lighting for use on posts, floors, and steps.

Shares of NYSE TREX traded down $0.06 during mid-day trading on Tuesday, hitting $50.48. 1,315,135 shares of the company traded hands, compared to its average volume of 1,905,817. Trex has a 1 year low of $29.77 and a 1 year high of $52.38. The business has a 50 day moving average of $45.69 and a two-hundred day moving average of $43.20. The stock has a market capitalization of $5.25 billion, a price-to-earnings ratio of 30.06, a PEG ratio of 2.87 and a beta of 1.48.

Read Our Latest Research Report on TREX

Louisiana-Pacific (LPX)

Louisiana-Pacific Corporation, together with its subsidiaries, provides building solutions primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through Siding, Oriented Strand Board, LP South America, and Other segments. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products.

Shares of LPX stock traded down $1.34 on Tuesday, reaching $74.24. 533,276 shares of the company's stock traded hands, compared to its average volume of 1,151,155. The company has a market capitalization of $5.19 billion, a P/E ratio of 93.56, a price-to-earnings-growth ratio of 5.45 and a beta of 1.63. Louisiana-Pacific has a 12-month low of $62.18 and a 12-month high of $100.34. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.67 and a current ratio of 3.22. The business's 50 day moving average price is $68.52 and its two-hundred day moving average price is $75.34.

Read Our Latest Research Report on LPX

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