Deckers Outdoor (NYSE:DECK) Now Covered by Analysts at Sanford C. Bernstein

Sanford C. Bernstein started coverage on shares of Deckers Outdoor (NYSE:DECK) in a research report sent to investors on Thursday, Marketbeat Ratings reports. The firm issued an underperform rating and a $100.00 price target on the textile maker’s stock.

DECK has been the topic of several other research reports. KGI Securities raised shares of Deckers Outdoor to a “hold” rating in a research note on Monday, May 26th. Wells Fargo & Company boosted their price objective on shares of Deckers Outdoor from $90.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Friday, July 25th. Barclays boosted their price objective on shares of Deckers Outdoor from $134.00 to $141.00 and gave the stock an “overweight” rating in a research note on Friday, September 12th. Raymond James Financial boosted their price objective on shares of Deckers Outdoor from $123.00 to $137.00 and gave the stock a “strong-buy” rating in a research note on Friday, July 25th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $120.00 price objective on shares of Deckers Outdoor in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Deckers Outdoor currently has a consensus rating of “Hold” and an average target price of $135.89.

Deckers Outdoor Stock Down 2.6%

Shares of NYSE:DECK opened at $115.55 on Thursday. The stock has a market cap of $17.14 billion, a PE ratio of 17.72, a PEG ratio of 4.48 and a beta of 1.05. The company’s fifty day moving average is $109.87 and its 200 day moving average is $111.36. Deckers Outdoor has a 52 week low of $93.72 and a 52 week high of $223.98.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.25. The business had revenue of $964.54 million for the quarter, compared to analyst estimates of $901.45 million. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The company’s revenue was up 16.9% on a year-over-year basis. During the same quarter last year, the firm earned $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. Sell-side analysts anticipate that Deckers Outdoor will post 5.89 EPS for the current year.

Deckers Outdoor announced that its Board of Directors has approved a share buyback plan on Thursday, May 22nd that allows the company to buyback $2.25 billion in shares. This buyback authorization allows the textile maker to purchase up to 11.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the company’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 transaction of $35,406.00. Following the completion of the sale, the director directly owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.40% of the company’s stock.

Institutional Trading of Deckers Outdoor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DECK. Revolve Wealth Partners LLC purchased a new stake in Deckers Outdoor during the fourth quarter valued at approximately $247,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Deckers Outdoor by 11.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,423,149 shares of the textile maker’s stock valued at $289,027,000 after buying an additional 145,794 shares during the last quarter. Focus Partners Advisor Solutions LLC increased its holdings in Deckers Outdoor by 11.5% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 1,917 shares of the textile maker’s stock valued at $389,000 after buying an additional 198 shares during the last quarter. Novem Group purchased a new stake in Deckers Outdoor during the fourth quarter valued at approximately $915,000. Finally, RB Capital Management LLC boosted its position in shares of Deckers Outdoor by 9.7% in the fourth quarter. RB Capital Management LLC now owns 7,452 shares of the textile maker’s stock worth $1,513,000 after purchasing an additional 659 shares during the period. 97.79% of the stock is owned by hedge funds and other 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.