FY2025 EPS Forecast for Deckers Outdoor Raised by Analyst

Deckers Outdoor Co. (NYSE:DECK) – Research analysts at Seaport Res Ptn raised their FY2025 earnings estimates for shares of Deckers Outdoor in a research report issued on Monday, May 19th. Seaport Res Ptn analyst M. Kummetz now anticipates that the textile maker will post earnings of $5.90 per share for the year, up from their previous forecast of $5.80. The consensus estimate for Deckers Outdoor’s current full-year earnings is $5.89 per share. Seaport Res Ptn also issued estimates for Deckers Outdoor’s FY2028 earnings at $6.97 EPS.

DECK has been the subject of a number of other reports. Jefferies Financial Group raised their price objective on Deckers Outdoor from $180.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, January 28th. Piper Sandler lowered their price target on shares of Deckers Outdoor from $210.00 to $100.00 and set a “neutral” rating on the stock in a report on Friday, April 11th. Raymond James raised shares of Deckers Outdoor from an “outperform” rating to a “strong-buy” rating and dropped their price target for the stock from $235.00 to $150.00 in a research note on Thursday, April 10th. KeyCorp reduced their price objective on Deckers Outdoor from $230.00 to $150.00 and set an “overweight” rating for the company in a research report on Tuesday, April 29th. Finally, UBS Group lifted their price target on Deckers Outdoor from $150.00 to $158.00 and gave the company a “buy” rating in a report on Wednesday, May 7th. Nine analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $157.79.

Deckers Outdoor Trading Up 1.3%

Shares of DECK stock opened at $129.12 on Wednesday. The company has a market capitalization of $19.60 billion, a price-to-earnings ratio of 20.93, a P/E/G ratio of 1.68 and a beta of 1.11. Deckers Outdoor has a 1-year low of $93.72 and a 1-year high of $223.98. The stock’s fifty day simple moving average is $114.55 and its 200-day simple moving average is $159.03.

Hedge Funds Weigh In On Deckers Outdoor

Several institutional investors and hedge funds have recently added to or reduced their stakes in DECK. Allspring Global Investments Holdings LLC grew its holdings in shares of Deckers Outdoor by 109.6% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 449,683 shares of the textile maker’s stock worth $91,965,000 after purchasing an additional 235,091 shares in the last quarter. Navellier & Associates Inc. boosted its stake in Deckers Outdoor by 6.4% during the fourth quarter. Navellier & Associates Inc. now owns 29,806 shares of the textile maker’s stock worth $6,053,000 after buying an additional 1,791 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its stake in Deckers Outdoor by 62.6% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 6,928 shares of the textile maker’s stock worth $1,407,000 after buying an additional 2,668 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Deckers Outdoor by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,001,033 shares of the textile maker’s stock valued at $203,300,000 after buying an additional 32,318 shares during the period. Finally, Amundi lifted its holdings in shares of Deckers Outdoor by 11.0% during the 4th quarter. Amundi now owns 1,088,351 shares of the textile maker’s stock worth $225,855,000 after acquiring an additional 108,054 shares during the period. 97.79% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Deckers Outdoor news, Director David Powers sold 25,000 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $138.84, for a total value of $3,471,000.00. Following the completion of the sale, the director now directly owns 241,777 shares of the company’s stock, valued at $33,568,318.68. This represents a 9.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $134.48, for a total transaction of $40,344.00. Following the completion of the sale, the director now owns 10,388 shares of the company’s stock, valued at approximately $1,396,978.24. The trade was a 2.81% decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is owned by insiders.

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