Fideuram Asset Management Ireland dac acquired a new position in Deckers Outdoor Corporation (NYSE:DECK – Free Report) in the 4th quarter, HoldingsChannel reports. The firm acquired 30,652 shares of the textile maker’s stock, valued at approximately $2,909,000.
Several other institutional investors and hedge funds have also recently modified their holdings of DECK. Geneos Wealth Management Inc. raised its stake in shares of Deckers Outdoor by 330.8% in the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after purchasing an additional 215 shares during the last quarter. Elyxium Wealth LLC purchased a new stake in shares of Deckers Outdoor in the fourth quarter worth approximately $30,000. Rakuten Securities Inc. raised its stake 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 worth $33,000 after purchasing an additional 100 shares during the last quarter. Activest Wealth Management raised its holdings in shares of Deckers Outdoor by 298.8% in the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after purchasing an additional 245 shares during the last quarter. Finally, Aventura Private Wealth LLC purchased a new stake in shares of Deckers Outdoor in the fourth quarter valued at about $40,000. 97.79% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several brokerages have recently commented on DECK. UBS Group increased their target price on shares of Deckers Outdoor from $145.00 to $161.00 and gave the company a “buy” rating in a report on Friday, May 22nd. KeyCorp reiterated a “sector weight” rating on shares of Deckers Outdoor in a report on Friday, May 22nd. Sanford C. Bernstein reiterated a “market perform” rating and issued a $105.00 target price on shares of Deckers Outdoor in a report on Friday, May 22nd. Barclays reiterated an “overweight” rating and issued a $141.00 target price (down from $143.00) on shares of Deckers Outdoor in a report on Tuesday. Finally, Evercore set a $108.00 target price on shares of Deckers Outdoor in a report on Friday, January 30th. Nine investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Deckers Outdoor currently has an average rating of “Hold” and a consensus target price of $120.50.
Deckers Outdoor Stock Down 0.1%
DECK opened at $114.24 on Friday. The company has a market capitalization of $15.87 billion, a price-to-earnings ratio of 16.23, a PEG ratio of 2.27 and a beta of 1.14. The firm has a 50-day moving average price of $102.97 and a 200-day moving average price of $102.66. Deckers Outdoor Corporation has a twelve month low of $78.91 and a twelve month high of $126.50.
Deckers Outdoor (NYSE:DECK – Get Free Report) last posted its earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.15. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The company’s revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the company earned $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, sell-side analysts expect that Deckers Outdoor Corporation will post 7.41 earnings per share for the current fiscal year.
Deckers Outdoor Company Profile
Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.
Founded in 1973 by Doug Otto and Karl F.
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