Deckers Outdoor Corporation (NYSE:DECK) Given Consensus Rating of “Hold” by Analysts

Shares of Deckers Outdoor Corporation (NYSE:DECK) have been given an average recommendation of “Hold” by the twenty-five research firms that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $117.5789.

DECK has been the topic of several recent analyst reports. TD Cowen decreased their price objective on shares of Deckers Outdoor from $125.00 to $124.00 and set a “buy” rating on the stock in a research report on Friday, October 24th. The Goldman Sachs Group lowered their target price on shares of Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating on the stock in a report on Friday, October 24th. Citigroup cut their target price on shares of Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating for the company in a research note on Friday, October 24th. UBS Group reiterated a “buy” rating on shares of Deckers Outdoor in a research note on Friday, October 24th. Finally, Bank of America increased their price objective on shares of Deckers Outdoor from $120.00 to $122.00 and gave the company a “neutral” rating in a report on Thursday, September 25th.

Insider Activity at Deckers Outdoor

In related news, insider Angela Ogbechie sold 1,460 shares of the stock in a transaction dated Friday, October 31st. The shares were 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 of the company’s stock, valued at approximately $2,770,929. This trade represents a 4.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction dated Monday, September 8th. The stock was 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 represents a 2.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Company 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 the company. American National Bank & Trust lifted its holdings in shares of Deckers Outdoor by 77.4% in the 3rd quarter. American National Bank & Trust now owns 243 shares of the textile maker’s stock worth $25,000 after buying an additional 106 shares during the period. True Wealth Design LLC raised its holdings in shares of Deckers Outdoor by 2,440.0% in the third quarter. True Wealth Design LLC now owns 254 shares of the textile maker’s stock valued at $26,000 after acquiring an additional 244 shares in the last quarter. 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 period. Pilgrim Partners Asia Pte Ltd bought a new position in Deckers Outdoor during the 3rd quarter worth about $30,000. Finally, CVA Family Office LLC increased its position in Deckers Outdoor by 137.4% during the 2nd quarter. CVA Family Office LLC now owns 311 shares of the textile maker’s stock valued at $32,000 after purchasing an additional 180 shares during the period. 97.79% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor Stock Performance

NYSE:DECK opened at $96.18 on Friday. The stock has a 50-day simple moving average of $91.26 and a two-hundred day simple moving average of $102.68. The firm has a market capitalization of $14.02 billion, a PE ratio of 14.25, a P/E/G ratio of 4.28 and a beta of 1.19. Deckers Outdoor has a 52-week low of $78.91 and a 52-week high of $223.98.

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

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.