Deckers Outdoor (NYSE:DECK) Cut to Hold at Zacks Research

Zacks Research cut shares of Deckers Outdoor (NYSE:DECK) from a strong-buy rating to a hold rating in a research note published on Monday morning,Zacks.com reports. Zacks Research also issued estimates for Deckers Outdoor’s Q3 2026 earnings at $2.73 EPS, Q4 2026 earnings at $0.91 EPS, FY2026 earnings at $6.39 EPS, Q1 2027 earnings at $0.95 EPS, Q2 2027 earnings at $1.78 EPS, Q3 2027 earnings at $3.12 EPS, Q4 2027 earnings at $1.07 EPS, FY2027 earnings at $6.92 EPS, Q1 2028 earnings at $1.04 EPS, Q2 2028 earnings at $1.95 EPS and FY2028 earnings at $7.58 EPS.

DECK has been the topic of a number of other reports. TD Cowen decreased their price target on Deckers Outdoor from $125.00 to $124.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a research note on Wednesday, October 8th. Robert W. Baird lowered their price target on Deckers Outdoor from $150.00 to $125.00 and set an “outperform” rating on the stock in a report on Friday, October 24th. UBS Group reaffirmed a “buy” rating on shares of Deckers Outdoor in a report on Friday, October 24th. Finally, Citigroup lowered their target price on shares of Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating on the stock in a report on Friday, October 24th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $118.11.

Deckers Outdoor Trading Up 1.9%

NYSE DECK opened at $84.27 on Monday. Deckers Outdoor has a 12 month low of $78.91 and a 12 month high of $223.98. The stock has a market cap of $12.28 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 3.79 and a beta of 1.10. The company’s 50 day moving average is $100.64 and its two-hundred day moving average is $106.30.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.24. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.41 billion. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The company’s revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.59 earnings per share. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. Sell-side analysts forecast that Deckers Outdoor will post 5.89 EPS for the current year.

Insider Transactions at Deckers Outdoor

In other news, insider Angela Ogbechie sold 1,460 shares of Deckers Outdoor stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $81.45, for a total value of $118,917.00. Following the completion of the transaction, the insider owned 34,020 shares in the company, valued at approximately $2,770,929. The trade was a 4.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $35,406.00. Following the transaction, the director directly owned 10,979 shares in the company, valued at approximately $1,295,741.58. This represents a 2.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of DECK. Norges Bank bought a new stake in shares of Deckers Outdoor in the 2nd quarter worth about $223,036,000. Federated Hermes Inc. raised its position in Deckers Outdoor by 1,998.7% in the 1st quarter. Federated Hermes Inc. now owns 1,163,977 shares of the textile maker’s stock worth $130,144,000 after purchasing an additional 1,108,516 shares during the period. Tredje AP fonden lifted its stake in Deckers Outdoor by 507.2% in the second quarter. Tredje AP fonden now owns 1,290,498 shares of the textile maker’s stock worth $133,012,000 after purchasing an additional 1,077,965 shares during the last quarter. Nuveen LLC purchased a new position in shares of Deckers Outdoor during the first quarter valued at approximately $97,935,000. Finally, Swedbank AB boosted its position in shares of Deckers Outdoor by 1,038.9% during the first quarter. Swedbank AB now owns 758,683 shares of the textile maker’s stock valued at $84,828,000 after buying an additional 692,065 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.