Deckers Outdoor Corporation (NYSE:DECK) Receives $121.11 Consensus PT from Brokerages

Deckers Outdoor Corporation (NYSE:DECKGet Free Report) has been given a consensus rating of “Hold” by the twenty-four research firms that are covering the firm, Marketbeat reports. Two 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 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $121.1053.

A number of equities research analysts recently issued reports on DECK shares. Barclays reissued an “overweight” rating and issued a $141.00 price target (down from $143.00) on shares of Deckers Outdoor in a research note on Tuesday, May 26th. Zacks Research cut shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $138.00 price objective on shares of Deckers Outdoor in a report on Friday, May 22nd. Wells Fargo & Company lowered shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and dropped their target price for the company from $115.00 to $90.00 in a research report on Friday, May 8th. Finally, Argus set a $128.00 target price on shares of Deckers Outdoor in a research note on Friday, May 29th.

Get Our Latest Research Report on Deckers Outdoor

Institutional Investors Weigh In On Deckers Outdoor

Large investors have recently bought and sold shares of the company. Federated Hermes Inc. lifted its holdings in Deckers Outdoor by 374.1% in the 4th quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker’s stock valued at $326,531,000 after purchasing an additional 2,485,338 shares in the last quarter. Norges Bank purchased a new stake in shares of Deckers Outdoor during the fourth quarter worth $252,729,000. AQR Capital Management LLC raised its position in shares of Deckers Outdoor by 340.5% in the fourth quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker’s stock valued at $273,000,000 after buying an additional 2,035,517 shares during the last quarter. Viking Global Investors LP purchased a new position in shares of Deckers Outdoor in the third quarter worth about $175,058,000. Finally, Marshall Wace LLP lifted its stake in shares of Deckers Outdoor by 5,324.4% in the fourth quarter. Marshall Wace LLP now owns 1,498,106 shares of the textile maker’s stock worth $155,309,000 after buying an additional 1,470,488 shares in the last quarter. 97.79% of the stock is currently owned by hedge funds and other institutional investors.

Deckers Outdoor Trading Down 2.2%

NYSE DECK opened at $104.18 on Friday. The stock has a market capitalization of $14.47 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 2.10 and a beta of 1.17. The stock has a 50-day moving average of $105.71 and a 200 day moving average of $106.19. Deckers Outdoor has a twelve month low of $78.91 and a twelve month high of $126.50.

Deckers Outdoor (NYSE:DECKGet Free Report) last issued its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating the consensus estimate of $0.81 by $0.15. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.Deckers Outdoor’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period last year, the company earned $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. Equities analysts predict that Deckers Outdoor will post 7.46 EPS for the current fiscal year.

About Deckers Outdoor

(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.

Featured Articles

Analyst Recommendations for Deckers Outdoor (NYSE:DECK)

Receive News & Ratings for Deckers Outdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor and related companies with MarketBeat.com's FREE daily email newsletter.