Deckers Outdoor Corp Insider Sells $84,675 in Stock (DECK)
Deckers Outdoor Corp (NASDAQ:DECK) Insider David Powers unloaded 1,041 shares of the stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $81.34, for a total value of $84,674.94. Following the transaction, the insider now directly owns 23,833 shares in the company, valued at approximately $1,938,576. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Deckers Outdoor Corp (NASDAQ:DECK) traded up 0.45% on Monday, hitting $82.32. The stock had a trading volume of 403,494 shares. Deckers Outdoor Corp has a 52-week low of $46.59 and a 52-week high of $90.09. The stock’s 50-day moving average is $79.18 and its 200-day moving average is $80.07. The company has a market cap of $2.850 billion and a price-to-earnings ratio of 20.11.
Deckers Outdoor Corp (NASDAQ:DECK) last issued its quarterly earnings data on Thursday, April 24th. The company reported ($0.08) EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.03 earnings per share. The company’s quarterly revenue was up 11.7% on a year-over-year basis. Analysts expect that Deckers Outdoor Corp will post $4.70 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. initiated coverage on shares of Deckers Outdoor Corp in a research note on Monday, May 19th. They set a “buy” rating and a $94.00 price target on the stock. Separately, analysts at Ned Davis Research upgraded shares of Deckers Outdoor Corp from a “neutral” rating to a “buy” rating in a research note on Monday, May 12th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Deckers Outdoor Corp in a research note on Friday, May 9th. They now have a $81.00 price target on the stock. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $90.50.
Deckers Outdoor Corporation designs footwear developed for both high performance outdoor activities and everyday casual lifestyle use.
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