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Deckers Outdoor Corp (NASDAQ:DECK) was upgraded by Ned Davis Research from a “neutral” rating to a “buy” rating in a research note issued on Monday, Analyst RN reports.

Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Deckers Outdoor Corp in a research note on Friday. They now have a $81.00 price target on the stock. Separately, analysts at Macquarie initiated coverage on shares of Deckers Outdoor Corp in a research note on Friday. They set an “outperform” rating and a $95.00 price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Deckers Outdoor Corp from $61.00 to $82.00 in a research note on Tuesday, May 6th. They now have a “neutral” rating on the stock. Six analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $90.23.

Deckers Outdoor Corp (NASDAQ:DECK) traded up 2.08% during mid-day trading on Monday, hitting $81.55. 507,715 shares of the company’s stock traded hands. Deckers Outdoor Corp has a 52 week low of $46.59 and a 52 week high of $90.09. The stock has a 50-day moving average of $78.90 and a 200-day moving average of $78.9. The company has a market cap of $2.823 billion and a P/E ratio of 19.60.

Deckers Outdoor Corp (NASDAQ:DECK) last released its earnings data on Thursday, April 24th. The company reported ($0.08) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.15) by $0.07. The company had revenue of $294.70 million for the quarter, compared to the consensus estimate of $282.13 million. During the same quarter last year, the company posted $0.03 earnings per share. Deckers Outdoor Corp’s revenue was up 11.7% compared to the same quarter last year. Analysts expect that Deckers Outdoor Corp will post $4.70 EPS 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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