Deckers Outdoor (NYSE:DECK) Releases Earnings Results, Beats Estimates By $0.24 EPS

Deckers Outdoor (NYSE:DECK) announced its earnings results on Thursday. The textile maker reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.24, Zacks reports. The company had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.Deckers Outdoor’s quarterly revenue was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.59 earnings per share. Deckers Outdoor updated its FY 2026 guidance to 6.300-6.390 EPS.

Deckers Outdoor Price Performance

NYSE:DECK opened at $102.79 on Friday. The company has a market capitalization of $15.25 billion, a P/E ratio of 15.77, a P/E/G ratio of 3.86 and a beta of 1.05. Deckers Outdoor has a 1 year low of $93.72 and a 1 year high of $223.98. The business has a fifty day simple moving average of $108.96 and a two-hundred day simple moving average of $108.65.

Analyst Ratings Changes

DECK has been the topic of several recent analyst reports. Zacks Research upgraded Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Raymond James Financial raised their price target on shares of Deckers Outdoor from $123.00 to $137.00 and gave the company a “strong-buy” rating in a research report on Friday, July 25th. Jefferies Financial Group reduced their price objective on shares of Deckers Outdoor from $114.00 to $107.00 and set a “hold” rating for the company in a research report on Thursday. Barclays increased their price objective on shares of Deckers Outdoor from $134.00 to $141.00 and gave the company an “overweight” rating in a research note on Friday, September 12th. Finally, Bank of America boosted their target price on Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a research note on Thursday, September 25th. Three analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Deckers Outdoor presently has an average rating of “Moderate Buy” and a consensus target price of $131.11.

Insider Buying and Selling at Deckers Outdoor

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

Hedge Funds Weigh In On Deckers Outdoor

Large investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. grew its holdings in Deckers Outdoor by 330.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after buying an additional 215 shares in the last quarter. Rakuten Securities Inc. boosted its position in shares of Deckers Outdoor by 45.5% in the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after acquiring an additional 100 shares during the period. MUFG Securities EMEA plc purchased a new position in Deckers Outdoor during the second quarter valued at approximately $46,000. Revolve Wealth Partners LLC bought a new stake in Deckers Outdoor during the 4th quarter worth approximately $247,000. Finally, Smartleaf Asset Management LLC increased its holdings in Deckers Outdoor by 210.4% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,378 shares of the textile maker’s stock worth $144,000 after acquiring an additional 934 shares during the period. 97.79% of the stock is owned by 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.