Deckers Outdoor (NYSE:DECK) Downgraded by Zacks Research to Hold

Deckers Outdoor (NYSE:DECK) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports. Zacks Research also issued estimates for Deckers Outdoor’s Q3 2026 earnings at $2.73 EPS, Q4 2026 earnings at $0.91 EPS, FY2026 earnings at $6.39 EPS, Q1 2027 earnings at $0.95 EPS, Q2 2027 earnings at $1.78 EPS, Q3 2027 earnings at $3.12 EPS, Q4 2027 earnings at $1.07 EPS, FY2027 earnings at $6.92 EPS, Q1 2028 earnings at $1.04 EPS, Q2 2028 earnings at $1.95 EPS and FY2028 earnings at $7.58 EPS.

A number of other research firms have also weighed in on DECK. TD Cowen dropped their price target on shares of Deckers Outdoor from $125.00 to $124.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Needham & Company LLC dropped their target price on shares of Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating for the company in a report on Friday, October 24th. Telsey Advisory Group cut their price target on Deckers Outdoor from $120.00 to $105.00 and set a “market perform” rating for the company in a research note on Friday, October 24th. Barclays lowered their price objective on Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating on the stock in a research report on Monday, October 27th. Finally, The Goldman Sachs Group cut their target price on Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating for the company in a research report on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of “Hold” and a consensus price target of $118.11.

Deckers Outdoor Price Performance

NYSE:DECK opened at $82.72 on Monday. Deckers Outdoor has a one year low of $78.91 and a one year high of $223.98. The business has a fifty day moving average price of $101.43 and a 200-day moving average price of $106.45. The firm has a market capitalization of $12.06 billion, a price-to-earnings ratio of 12.26, a price-to-earnings-growth ratio of 3.79 and a beta of 1.10.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.24. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.41 billion. Deckers Outdoor had a return on equity of 40.54% and a net margin of 19.47%.Deckers Outdoor’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.59 earnings per share. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, equities research analysts expect that Deckers Outdoor will post 5.89 earnings per share for the current fiscal year.

Insider Activity at Deckers Outdoor

In other news, insider Angela Ogbechie sold 1,460 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $81.45, for a total transaction of $118,917.00. Following the completion of the transaction, the insider directly owned 34,020 shares in the company, valued at approximately $2,770,929. This represents a 4.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the business’s 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 owned 10,979 shares in the company, valued at $1,295,741.58. This represents a 2.66% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Deckers Outdoor

Several hedge funds have recently added to or reduced their stakes in DECK. Charles Schwab Investment Management Inc. boosted its position in Deckers Outdoor by 3.9% in the 1st 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. Trillium Asset Management LLC increased its position in shares of Deckers Outdoor by 28.1% during the second quarter. Trillium Asset Management LLC now owns 188,486 shares of the textile maker’s stock worth $19,428,000 after acquiring an additional 41,325 shares during the period. Jump Financial LLC raised its stake in shares of 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 acquiring an additional 153,763 shares in the last quarter. OFI Invest Asset Management boosted its holdings in shares of Deckers Outdoor by 32.1% in the second quarter. OFI Invest Asset Management now owns 361,543 shares of the textile maker’s stock valued at $37,264,000 after purchasing an additional 87,834 shares during the period. Finally, Vanguard Group Inc. grew its stake in Deckers Outdoor by 0.6% in the first quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock worth $1,984,339,000 after purchasing an additional 107,635 shares in the last quarter. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor Company Profile

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.