Deckers Outdoor Corp. Hits New 52-Week High at $88.77 (DECK)
Shares of Deckers Outdoor Corp. (NASDAQ:DECK) hit a new 52-week high on Monday, Analyst Ratings Net reports. The company traded as high as $88.77 and last traded at $88.38, with a volume of 1,433,393 shares trading hands. The stock had previously closed at $85.73.
A number of analysts have recently weighed in on DECK shares. Analysts at Janney Montgomery Scott reiterated a “buy” rating on shares of Deckers Outdoor Corp. in a research note to investors on Monday. Separately, analysts at Sterne Agee reiterated a “buy” rating on shares of Deckers Outdoor Corp. in a research note to investors on Monday. They now have a $110.00 price target on the stock. Finally, analysts at Ned Davis Research upgraded shares of Deckers Outdoor Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Monday. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the stock. Deckers Outdoor Corp. has an average rating of “Hold” and an average price target of $71.71.
Deckers Outdoor Corp. has a 52-week low of $35.70 and a 52-week high of $87.82. The stock has a 50-day moving average of $82.94 and a 200-day moving average of $65.31. The company has a market cap of $3.039 billion and a P/E ratio of 29.10.
Deckers Outdoor Corp. (NASDAQ:DECK) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.24. The company had revenue of $386.70 million for the quarter, compared to the consensus estimate of $386.05 million. During the same quarter in the previous year, the company posted $1.18 earnings per share. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, analysts predict that Deckers Outdoor Corp. will post $3.90 earnings per share for the current fiscal year.
Deckers Outdoor Corporation designs footwear developed for both high performance outdoor activities and everyday casual lifestyle use.
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