Baader Bank Aktiengesellschaft Purchases New Stake in Deckers Outdoor Corporation $DECK

Baader Bank Aktiengesellschaft bought a new stake in shares of Deckers Outdoor Corporation (NYSE:DECK) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 7,082 shares of the textile maker’s stock, valued at approximately $708,000.

Several other hedge funds also recently modified their holdings of DECK. 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 valued at $29,000 after buying an additional 215 shares during the period. Elyxium Wealth LLC bought a new stake in shares of Deckers Outdoor in the 4th quarter valued at about $30,000. Rakuten Securities Inc. raised its position in shares of Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after acquiring an additional 100 shares during the period. Activest Wealth Management raised its position in shares of Deckers Outdoor by 298.8% in the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after acquiring an additional 245 shares during the period. Finally, Hilton Head Capital Partners LLC bought a new position in Deckers Outdoor during the 4th quarter worth approximately $35,000. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Down 0.6%

DECK opened at $103.42 on Wednesday. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $126.50. The stock has a market cap of $14.36 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 2.05 and a beta of 1.17. The business has a 50 day moving average of $105.88 and a 200-day moving average of $106.19.

Deckers Outdoor (NYSE:DECK) last posted its earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.15. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The firm’s revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.00 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, analysts expect that Deckers Outdoor Corporation will post 7.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Truist Financial set a $125.00 price target on Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, May 22nd. Zacks Research downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Argus set a $128.00 price target on shares of Deckers Outdoor in a report on Friday, May 29th. Wells Fargo & Company lowered shares of Deckers Outdoor from an “equal weight” rating to an “underweight” rating and dropped their price objective for the stock from $115.00 to $90.00 in a report on Friday, May 8th. Finally, Stifel Nicolaus set a $144.00 price objective on shares of Deckers Outdoor in a research report on Friday, May 29th. Nine equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $121.11.

Deckers Outdoor Profile

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.