Deckers Outdoor (NYSE:DECK) Price Target Lowered to $110.00 at Evercore ISI

Deckers Outdoor (NYSE:DECK) had its target price trimmed by Evercore ISI from $115.00 to $110.00 in a research note issued to investors on Friday morning,Benzinga reports. The firm currently has an in-line rating on the textile maker’s stock.

Several other brokerages have also recently issued reports on DECK. UBS Group set a $157.00 target price on shares of Deckers Outdoor and gave the company a “buy” rating in a research report on Wednesday, October 8th. Barclays increased their price objective on shares of Deckers Outdoor from $134.00 to $141.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Raymond James Financial increased their price objective on shares of Deckers Outdoor from $123.00 to $137.00 and gave the stock a “strong-buy” rating in a research report on Friday, July 25th. Telsey Advisory Group reissued a “market perform” rating and issued a $120.00 price objective on shares of Deckers Outdoor in a research report on Friday. Finally, Truist Financial upped their target price on shares of Deckers Outdoor from $130.00 to $145.00 and gave the stock a “buy” rating in a research note on Friday, July 25th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $136.00.

Deckers Outdoor Trading Up 0.8%

Shares of NYSE DECK opened at $99.89 on Friday. The firm’s 50-day moving average price is $109.12 and its 200-day moving average price is $108.81. The stock has a market capitalization of $14.82 billion, a price-to-earnings ratio of 15.32, a P/E/G ratio of 3.79 and a beta of 1.05. Deckers Outdoor has a 12-month low of $93.72 and a 12-month high of $223.98.

Deckers Outdoor (NYSE:DECK) last announced its earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.25. The firm had revenue of $964.54 million for the quarter, compared to analysts’ expectations of $901.45 million. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The business’s revenue was up 16.9% compared to the same quarter last year. During the same period in the prior year, the company earned $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. On average, equities analysts predict that Deckers Outdoor will post 5.89 EPS for the current fiscal year.

Insiders Place Their Bets

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the completion of the sale, the director directly owned 10,979 shares of the company’s stock, valued at $1,295,741.58. The trade was a 2.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Deckers Outdoor

Institutional investors have recently bought and sold shares of the business. Marks Group Wealth Management Inc increased its holdings in Deckers Outdoor by 15.4% during the first quarter. Marks Group Wealth Management Inc now owns 62,902 shares of the textile maker’s stock valued at $7,033,000 after buying an additional 8,410 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in Deckers Outdoor by 17.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 17,864 shares of the textile maker’s stock valued at $1,997,000 after buying an additional 2,706 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Deckers Outdoor by 3.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker’s stock valued at $116,310,000 after buying an additional 39,211 shares during the period. Principal Financial Group Inc. increased its holdings in Deckers Outdoor by 17.7% during the first quarter. Principal Financial Group Inc. now owns 587,747 shares of the textile maker’s stock valued at $65,716,000 after buying an additional 88,179 shares during the period. Finally, Jump Financial LLC increased its holdings in Deckers Outdoor by 5,481.7% during the first quarter. Jump Financial LLC now owns 156,568 shares of the textile maker’s stock valued at $17,506,000 after buying an additional 153,763 shares during the period. 97.79% of the stock is owned by hedge funds and other institutional investors.

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.