Deckers Outdoor (NYSE:DECK – Get Free Report)‘s stock had its “market perform” rating reissued by equities researchers at Telsey Advisory Group in a report issued on Friday,Benzinga reports. They currently have a $120.00 price objective on the textile maker’s stock. Telsey Advisory Group’s target price suggests a potential upside of 20.13% from the company’s current price.
Several other equities research analysts have also commented on DECK. UBS Group set a $157.00 price target on shares of Deckers Outdoor and gave the company a “buy” rating in a report on Wednesday, October 8th. Bank of America boosted their price objective on shares of Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a research note on Thursday, September 25th. KeyCorp upgraded shares of Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Deckers Outdoor in a research note on Wednesday, October 8th. Finally, Evercore ISI boosted their price objective on shares of Deckers Outdoor from $110.00 to $115.00 and gave the stock an “in-line” rating in a research note on Friday, July 25th. Three analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $136.00.
Read Our Latest Analysis on Deckers Outdoor
Deckers Outdoor Stock Performance
Deckers Outdoor (NYSE:DECK – Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, beating the consensus estimate 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 previous year, the business posted $4.52 EPS. The company’s quarterly revenue 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 predict that Deckers Outdoor will post 5.89 EPS for the current fiscal year.
Insiders Place Their Bets
In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the business’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 sale, the director owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. The trade was a 2.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.40% of the company’s stock.
Institutional Trading of Deckers Outdoor
Several large investors have recently bought and sold shares of the stock. Horizon Investments LLC grew its position in Deckers Outdoor by 4.6% during the 1st quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker’s stock worth $244,000 after purchasing an additional 96 shares during the last quarter. Cumberland Partners Ltd grew its position in Deckers Outdoor by 0.4% during the 1st quarter. Cumberland Partners Ltd now owns 27,991 shares of the textile maker’s stock worth $3,130,000 after purchasing an additional 98 shares during the last quarter. Park Place Capital Corp grew its position in Deckers Outdoor by 14.9% during the 2nd quarter. Park Place Capital Corp now owns 771 shares of the textile maker’s stock worth $81,000 after purchasing an additional 100 shares during the last quarter. Rakuten Securities Inc. grew its position in Deckers Outdoor by 45.5% during the 2nd 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. Finally, Perigon Wealth Management LLC boosted its holdings in shares of Deckers Outdoor by 4.3% in the 3rd quarter. Perigon Wealth Management LLC now owns 2,597 shares of the textile maker’s stock valued at $263,000 after acquiring an additional 106 shares during the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.
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.
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