Evercore ISI Has Lowered Expectations for Deckers Outdoor (NYSE:DECK) Stock Price

Deckers Outdoor (NYSE:DECK) had its price target cut by equities research analysts at Evercore ISI from $115.00 to $110.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “in-line” rating on the textile maker’s stock. Evercore ISI’s price objective points to a potential upside of 10.12% from the company’s current price.

A number of other equities research analysts have also issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Deckers Outdoor in a report on Wednesday, October 8th. Wells Fargo & Company raised 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 report on Friday, July 25th. KeyCorp upgraded shares of Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 10th. Bank of America raised their price objective on shares of Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a research report on Thursday, September 25th. Finally, UBS Group set a $157.00 price objective on shares of Deckers Outdoor and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $136.00.

Deckers Outdoor Stock Up 0.8%

Deckers Outdoor stock opened at $99.89 on Friday. Deckers Outdoor has a 52-week low of $93.72 and a 52-week high of $223.98. The firm has a market capitalization of $14.82 billion, a price-to-earnings ratio of 15.32, a PEG ratio of 3.82 and a beta of 1.05. The company has a fifty day simple moving average of $109.12 and a 200-day simple moving average of $108.75.

Deckers Outdoor (NYSE:DECK) last released its 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. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The business had revenue of $964.54 million during the quarter, compared to analyst estimates of $901.45 million. During the same quarter in the prior year, the firm earned $4.52 earnings per share. The company’s revenue for the quarter was up 16.9% compared to the same quarter last year. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. On average, research analysts anticipate that Deckers Outdoor will post 5.89 EPS for the current fiscal year.

Insider Activity at Deckers Outdoor

In other news, Director Maha Saleh Ibrahim sold 300 shares of the firm’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 value of $35,406.00. Following the completion of the transaction, the director owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. This trade represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. lifted its stake in 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 acquiring an additional 215 shares during the last quarter. Mountain Hill Investment Partners Corp. purchased a new position in Deckers Outdoor in the first quarter worth approximately $34,000. CVA Family Office LLC lifted its stake in Deckers Outdoor by 137.4% in the second quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock worth $32,000 after acquiring an additional 180 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 worth $33,000 after acquiring an additional 100 shares during the last quarter. Finally, CYBER HORNET ETFs LLC purchased a new position in Deckers Outdoor in the second quarter worth approximately $41,000. Hedge funds and other institutional investors own 97.79% of the company’s stock.

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.