Deckers Outdoor Corporation (NYSE:DECK) Receives $121.11 Consensus Price Target from Analysts

Deckers Outdoor Corporation (NYSE:DECKGet Free Report) has been given an average rating of “Hold” by the twenty-four analysts that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $121.1053.

Several brokerages have recently weighed in on DECK. Argus set a $128.00 target price on Deckers Outdoor in a research report on Friday, May 29th. Barclays reissued an “overweight” rating and set a $141.00 target price (down from $143.00) on shares of Deckers Outdoor in a research report on Tuesday, May 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a research report on Monday, April 20th. KeyCorp reaffirmed a “sector weight” rating on shares of Deckers Outdoor in a research report on Friday, May 22nd. Finally, Truist Financial set a $125.00 price objective on Deckers Outdoor and gave the company a “buy” rating in a research note on Friday, May 22nd.

View Our Latest Report on Deckers Outdoor

Institutional Investors Weigh In On Deckers Outdoor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Costello Asset Management INC lifted its stake in Deckers Outdoor by 14.3% in the first quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock valued at $80,000 after buying an additional 100 shares during the last quarter. Rakuten Securities Inc. lifted its stake in 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 buying an additional 100 shares during the last quarter. Hilton Head Capital Partners LLC lifted its stake in Deckers Outdoor by 29.8% in the first quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock valued at $44,000 after buying an additional 101 shares during the last quarter. GW Henssler & Associates Ltd. lifted its stake in Deckers Outdoor by 5.8% in the fourth quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock valued at $224,000 after buying an additional 118 shares during the last quarter. Finally, Cim LLC lifted its stake in Deckers Outdoor by 1.1% in the first quarter. Cim LLC now owns 12,207 shares of the textile maker’s stock valued at $1,222,000 after buying an additional 133 shares during the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Performance

Shares of NYSE DECK opened at $102.52 on Tuesday. Deckers Outdoor has a fifty-two week low of $78.91 and a fifty-two week high of $126.50. The firm has a market capitalization of $14.24 billion, a PE ratio of 14.56, a price-to-earnings-growth ratio of 2.09 and a beta of 1.16. The stock’s 50-day simple moving average is $105.97 and its 200-day simple moving average is $105.85.

Deckers Outdoor (NYSE:DECKGet Free Report) last issued 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. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the company earned $1.00 EPS. The business’s quarterly revenue was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, sell-side analysts forecast that Deckers Outdoor will post 7.45 earnings per share for the current fiscal year.

Deckers Outdoor Company Profile

(Get Free Report)

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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Analyst Recommendations for Deckers Outdoor (NYSE:DECK)

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