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.
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12 Wall Street analysts have issued 12-month price objectives for Deckers Outdoor's stock. Their DECK share price forecasts range from $300.00 to $515.00. On average, they predict the company's stock price to reach $447.77 in the next twelve months. This suggests a possible upside of 0.3% from the stock's current price.
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Deckers Outdoor's stock was trading at $399.16 at the beginning of the year. Since then, DECK shares have increased by 11.9% and is now trading at $446.61.
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Deckers Outdoor saw a decline in short interest in February. As of February 28th, there was short interest totaling 685,000 shares, a decline of 7.3% from the February 13th total of 739,200 shares. Based on an average daily volume of 369,300 shares, the short-interest ratio is currently 1.9 days. Approximately 2.6% of the shares of the stock are short sold.
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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) released its quarterly earnings data on Thursday, February, 2nd. The textile maker reported $10.48 EPS for the quarter, beating analysts' consensus estimates of $9.41 by $1.07. The textile maker earned $1.35 billion during the quarter, compared to analyst estimates of $1.26 billion. Deckers Outdoor had a trailing twelve-month return on equity of 31.38% and a net margin of 13.83%. The business's quarterly revenue was up 13.3% compared to the same quarter last year. During the same period in the previous year, the business posted $8.42 earnings per share.

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), First Trust Consumer Discretionary AlphaDEX Fund (FXD), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), 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 has authorized a share buyback plan on Thursday, July 28th 2022, which authorizes the company to buyback $1,200,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 14.4% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its shares are undervalued.

Deckers Outdoor updated 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 institutional and retail 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.
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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.
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One share of DECK stock can currently be purchased for approximately $446.61.

Deckers Outdoor (NYSE:DECK) has a market capitalization of $11.77 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.