Deckers Outdoor - DECK Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Deckers Outdoor in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" DECK shares.
View DECK analyst ratings or view top-rated stocks.

12 analysts have issued 12 month price targets for Deckers Outdoor's stock. Their DECK share price forecasts range from $300.00 to $515.00. On average, they expect the company's stock price to reach $447.77 in the next year. This suggests a possible upside of 1.1% from the stock's current price.
View analysts price targets for DECK or view top-rated stocks among Wall Street analysts.

Deckers Outdoor's stock was trading at $399.16 on January 1st, 2023. Since then, DECK shares have increased by 10.9% and is now trading at $442.75.
View the best growth stocks for 2023 here.

Deckers Outdoor saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 685,000 shares, a drop of 7.3% from the February 13th total of 739,200 shares. Based on an average daily trading volume, of 369,300 shares, the short-interest ratio is presently 1.9 days. Currently, 2.6% of the company's stock are short sold.
View Deckers Outdoor's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 18th 2023.
View our DECK earnings forecast.

Deckers Outdoor Co. (NYSE:DECK) announced its earnings results on Thursday, February, 2nd. The textile maker reported $10.48 earnings per share for the quarter, beating the consensus estimate of $9.41 by $1.07. The textile maker had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.26 billion. Deckers Outdoor had a trailing twelve-month return on equity of 31.38% and a net margin of 13.83%. Deckers Outdoor's revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the firm earned $8.42 EPS.

ETFs with the largest weight of Deckers Outdoor (NYSE:DECK) stock in their portfolio include Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), Invesco S&P MidCap Quality ETF (XMHQ), Invesco S&P MidCap Momentum ETF (XMMO), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), First Trust Consumer Discretionary AlphaDEX Fund (FXD), FIS Knights of Columbus Global Belief ETF (KOCG), iShares S&P Mid-Cap 400 Growth ETF (IJK) and SPDR S&P 400 Mid CapGrowth ETF (MDYG).

Deckers Outdoor declared that its Board of Directors has authorized a share buyback program on Thursday, July 28th 2022, which permits the company to buyback $1,200,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 14.4% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

Deckers Outdoor issued an update on its FY 2023 earnings guidance on Thursday, February, 2nd. The company provided earnings per share guidance of $18.00-$18.50 for the period, compared to the consensus earnings per share estimate of $18.20. The company issued revenue guidance of $3.50 billion-$3.53 billion, compared to the consensus revenue estimate of $3.53 billion.

94 employees have rated Deckers Outdoor Chief Executive Officer Dave Powers on Glassdoor.com. Dave Powers has an approval rating of 81% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Deckers Outdoor investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Micron Technology (MU), Salesforce (CRM), Home Depot (HD), Walt Disney (DIS), QUALCOMM (QCOM), Caterpillar (CAT) and Netflix (NFLX).

Deckers Outdoor trades on the New York Stock Exchange (NYSE) under the ticker symbol "DECK."

Deckers Outdoor's stock is owned by many different retail and institutional investors. Top institutional investors include Steadfast Capital Management LP (2.64%), American Century Companies Inc. (2.34%), Morgan Stanley (2.33%), Schroder Investment Management Group (1.95%), Lord Abbett & CO. LLC (1.48%) and Fuller & Thaler Asset Management Inc. (1.39%). Insiders that own company stock include Andrea O'donnell, Angela Ogbechie, Bonita C Stewart, Caroti Stefano, David E Lafitte, David E Lafitte, David Powers, Lauri M Shanahan, Lauri M Shanahan, Michael F Devine III, Steven J Fasching, Thomas Garcia and Wendy W Yang.
View institutional ownership trends.

Shares of DECK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of DECK stock can currently be purchased for approximately $442.75.

Deckers Outdoor (NYSE:DECK) has a market capitalization of $11.67 billion and generates $3.15 billion in revenue each year. The textile maker earns $451.95 million in net income (profit) each year or $18.45 on an earnings per share basis.

The company employs 4,000 workers across the globe.

Deckers Outdoor's mailing address is 250 COROMAR DRIVE, GOLETA CA, 93117. The official website for the company is www.deckers.com. The textile maker can be reached via phone at (805) 967-7611, via email at investor@deckers.com, or via fax at 805-967-9722.