Deckers Outdoor - DECK Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Deckers Outdoor in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DECK shares.
View DECK analyst ratings or view top-rated stocks.

10 brokerages have issued 1-year target prices for Deckers Outdoor's shares. Their DECK share price forecasts range from $280.00 to $477.00. On average, they expect the company's share price to reach $381.10 in the next year. This suggests a possible upside of 13.7% 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 $366.31 at the start of the year. Since then, DECK stock has decreased by 8.5% and is now trading at $335.20.
View the best growth stocks for 2022 here.

Deckers Outdoor saw a increase in short interest in September. As of September 15th, there was short interest totaling 922,700 shares, an increase of 32.3% from the August 31st total of 697,200 shares. Based on an average daily trading volume, of 370,700 shares, the days-to-cover ratio is presently 2.5 days. Currently, 3.5% 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, October 27th 2022.
View our DECK earnings forecast.

Deckers Outdoor Co. (NYSE:DECK) released its quarterly earnings data on Thursday, July, 28th. The textile maker reported $1.66 EPS for the quarter, topping analysts' consensus estimates of $1.33 by $0.33. The textile maker earned $614.46 million during the quarter, compared to the consensus estimate of $575.31 million. Deckers Outdoor had a net margin of 13.76% and a trailing twelve-month return on equity of 29.72%.

Deckers Outdoor announced that its board has initiated a stock repurchase program on Thursday, July 28th 2022, which permits the company to repurchase $1,200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 14.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its shares are undervalued.

Deckers Outdoor issued an update on its FY 2023 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $17.50-$18.35 for the period, compared to the consensus EPS estimate of $17.98. The company issued revenue guidance of $3.45 billion-$3.50 billion, compared to the consensus revenue estimate of $3.49 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."

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 $335.20.

Deckers Outdoor (NYSE:DECK) has a market capitalization of $8.89 billion and generates $3.15 billion in revenue each year. The textile maker earns $451.95 million in net income (profit) each year or $16.25 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.