Deckers Outdoor Co. (NYSE:DECK) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of Deckers Outdoor Co. (NYSE:DECK - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the fifteen analysts that are currently covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $870.93.

DECK has been the topic of several analyst reports. Wedbush reiterated an "outperform" rating and set a $1,000.00 price target on shares of Deckers Outdoor in a report on Wednesday. UBS Group lifted their price target on Deckers Outdoor from $950.00 to $1,150.00 and gave the company a "buy" rating in a report on Friday, February 2nd. Raymond James lifted their price objective on Deckers Outdoor from $585.00 to $845.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 30th. Barclays began coverage on Deckers Outdoor in a research report on Monday, April 1st. They set an "overweight" rating and a $1,110.00 target price for the company. Finally, Evercore ISI began coverage on Deckers Outdoor in a report on Thursday, February 15th. They set an "outperform" rating and a $960.00 price objective on the stock.

Insider Buying and Selling

In other Deckers Outdoor news, CEO David Powers sold 5,993 shares of the company's stock in a transaction on Friday, March 15th. The stock was sold at an average price of $922.85, for a total value of $5,530,640.05. Following the transaction, the chief executive officer now directly owns 98,218 shares of the company's stock, valued at approximately $90,640,481.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Deckers Outdoor news, CEO David Powers sold 5,993 shares of the company's stock in a transaction on Friday, March 15th. The stock was sold at an average price of $922.85, for a total value of $5,530,640.05. Following the transaction, the chief executive officer now directly owns 98,218 shares of the company's stock, valued at approximately $90,640,481.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Steven J. Fasching sold 5,000 shares of the company's stock in a transaction on Friday, February 9th. The shares were sold at an average price of $844.40, for a total value of $4,222,000.00. Following the completion of the transaction, the chief financial officer now directly owns 29,291 shares in the company, valued at $24,733,320.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 42,449 shares of company stock valued at $34,172,388. 0.70% of the stock is owned by insiders.

Institutional Trading of Deckers Outdoor

Large investors have recently modified their holdings of the stock. CIBC Private Wealth Group LLC lifted its position in shares of Deckers Outdoor by 1.6% during the 4th quarter. CIBC Private Wealth Group LLC now owns 945 shares of the textile maker's stock worth $632,000 after buying an additional 15 shares during the last quarter. V Square Quantitative Management LLC lifted its position in shares of Deckers Outdoor by 7.4% during the 3rd quarter. V Square Quantitative Management LLC now owns 232 shares of the textile maker's stock worth $119,000 after buying an additional 16 shares during the last quarter. Janiczek Wealth Management LLC lifted its position in shares of Deckers Outdoor by 20.8% during the 4th quarter. Janiczek Wealth Management LLC now owns 93 shares of the textile maker's stock worth $62,000 after buying an additional 16 shares during the last quarter. Chase Investment Counsel Corp lifted its position in shares of Deckers Outdoor by 0.3% during the 3rd quarter. Chase Investment Counsel Corp now owns 5,772 shares of the textile maker's stock worth $2,967,000 after buying an additional 19 shares during the last quarter. Finally, Flputnam Investment Management Co. lifted its position in shares of Deckers Outdoor by 2.9% during the 3rd quarter. Flputnam Investment Management Co. now owns 756 shares of the textile maker's stock worth $389,000 after buying an additional 21 shares during the last quarter. 97.79% of the stock is owned by institutional investors and hedge funds.

Deckers Outdoor Stock Performance

Shares of NYSE DECK traded down $5.56 during mid-day trading on Friday, reaching $814.37. The company had a trading volume of 325,195 shares, compared to its average volume of 668,192. The stock has a fifty day moving average of $887.43 and a two-hundred day moving average of $727.94. Deckers Outdoor has a 12-month low of $424.36 and a 12-month high of $956.17. The company has a market capitalization of $20.90 billion, a price-to-earnings ratio of 29.29, a PEG ratio of 1.44 and a beta of 1.01.

Deckers Outdoor (NYSE:DECK - Get Free Report) last released its quarterly earnings data on Thursday, February 1st. The textile maker reported $15.11 EPS for the quarter, topping analysts' consensus estimates of $11.40 by $3.71. Deckers Outdoor had a return on equity of 38.77% and a net margin of 17.57%. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the prior year, the company posted $10.48 earnings per share. The firm's revenue was up 16.0% on a year-over-year basis. Sell-side analysts forecast that Deckers Outdoor will post 26.87 earnings per share for the current fiscal year.

About Deckers Outdoor

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.