Deckers Outdoor Co. (NYSE:DECK) Expected to Post FY2027 Earnings of $36.80 Per Share

Deckers Outdoor Co. (NYSE:DECK - Free Report) - Equities research analysts at Seaport Res Ptn issued their FY2027 earnings per share (EPS) estimates for shares of Deckers Outdoor in a report issued on Wednesday, May 15th. Seaport Res Ptn analyst M. Kummetz forecasts that the textile maker will earn $36.80 per share for the year. The consensus estimate for Deckers Outdoor's current full-year earnings is $26.96 per share.

Several other research analysts have also recently commented on DECK. Barclays started coverage on Deckers Outdoor in a research note on Monday, April 1st. They issued an "overweight" rating and a $1,110.00 price target on the stock. Stifel Nicolaus upped their target price on Deckers Outdoor from $709.00 to $775.00 and gave the company a "hold" rating in a report on Friday, February 2nd. TD Cowen upped their target price on Deckers Outdoor from $1,000.00 to $1,005.00 and gave the company a "buy" rating in a report on Thursday, April 18th. KeyCorp initiated coverage on Deckers Outdoor in a report on Wednesday, February 7th. They set an "overweight" rating and a $960.00 target price for the company. Finally, Wells Fargo & Company upped their target price on Deckers Outdoor from $625.00 to $775.00 and gave the company an "equal weight" rating in a report on Friday, February 2nd. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $902.13.

Deckers Outdoor Stock Up 0.3 %

Shares of Deckers Outdoor stock traded up $2.94 during trading hours on Friday, hitting $888.56. 319,557 shares of the company's stock traded hands, compared to its average volume of 406,493. Deckers Outdoor has a twelve month low of $424.36 and a twelve month high of $956.17. The stock has a 50 day simple moving average of $872.91 and a 200-day simple moving average of $782.69. The company has a market cap of $22.81 billion, a PE ratio of 31.96, a PEG ratio of 1.60 and a beta of 1.05.

Hedge Funds Weigh In On Deckers Outdoor

Hedge funds have recently bought and sold shares of the business. FinTrust Capital Advisors LLC lifted its stake in Deckers Outdoor by 437.5% during the fourth quarter. FinTrust Capital Advisors LLC now owns 43 shares of the textile maker's stock worth $29,000 after purchasing an additional 35 shares during the period. Anchor Investment Management LLC acquired a new position in Deckers Outdoor in the 4th quarter worth $33,000. Contravisory Investment Management Inc. acquired a new position in Deckers Outdoor in the 1st quarter worth $36,000. FSC Wealth Advisors LLC acquired a new position in shares of Deckers Outdoor during the 4th quarter worth about $39,000. Finally, Ritter Daniher Financial Advisory LLC DE boosted its stake in shares of Deckers Outdoor by 170.0% during the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 81 shares of the textile maker's stock worth $42,000 after buying an additional 51 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Bonita C. Stewart sold 3,500 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $871.11, for a total transaction of $3,048,885.00. Following the completion of the sale, the director now owns 8,863 shares in the company, valued at approximately $7,720,647.93. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Bonita C. Stewart sold 3,500 shares of the stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $871.11, for a total value of $3,048,885.00. Following the completion of the sale, the director now owns 8,863 shares in the company, valued at $7,720,647.93. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO David Powers sold 5,993 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of $824.11, for a total value of $4,938,891.23. Following the sale, the chief executive officer now owns 98,218 shares of the company's stock, valued at $80,942,435.98. The disclosure for this sale can be found here. In the last 90 days, insiders sold 15,486 shares of company stock worth $13,518,416. Insiders own 0.70% of the company's stock.

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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.