Deckers Outdoor Corporation (NYSE:DECK) has been given an average recommendation of “Hold” by the nineteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Eleven research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $66.92.

DECK has been the subject of a number of recent research reports. Canaccord Genuity set a $76.00 price objective on shares of Deckers Outdoor Corporation and gave the stock a “buy” rating in a research note on Thursday, July 27th. Stifel Nicolaus set a $74.00 price objective on shares of Deckers Outdoor Corporation and gave the stock a “buy” rating in a research note on Sunday, July 30th. Jefferies Group LLC set a $74.00 price objective on shares of Deckers Outdoor Corporation and gave the stock a “buy” rating in a research note on Saturday, July 29th. ValuEngine raised shares of Deckers Outdoor Corporation from a “hold” rating to a “buy” rating in a research note on Wednesday, September 6th. Finally, BidaskClub raised shares of Deckers Outdoor Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, October 3rd.

Shares of Deckers Outdoor Corporation (DECK) opened at 69.23 on Thursday. The firm has a 50-day moving average of $65.52 and a 200 day moving average of $63.83. Deckers Outdoor Corporation has a 1-year low of $44.00 and a 1-year high of $72.72. The company has a market capitalization of $2.22 billion, a P/E ratio of 99.47 and a beta of 1.34.

Deckers Outdoor Corporation (NYSE:DECK) last issued its quarterly earnings data on Thursday, July 27th. The textile maker reported ($1.28) EPS for the quarter, topping analysts’ consensus estimates of ($1.67) by $0.39. Deckers Outdoor Corporation had a net margin of 1.23% and a return on equity of 14.25%. The business had revenue of $209.70 million during the quarter, compared to analysts’ expectations of $178.36 million. During the same period last year, the company posted ($1.80) EPS. The business’s revenue was up 20.2% on a year-over-year basis. On average, analysts anticipate that Deckers Outdoor Corporation will post $4.08 EPS for the current year.

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Institutional investors and hedge funds have recently made changes to their positions in the stock. Flinton Capital Management LLC lifted its holdings in Deckers Outdoor Corporation by 74.2% during the 2nd quarter. Flinton Capital Management LLC now owns 1,728 shares of the textile maker’s stock valued at $118,000 after buying an additional 736 shares in the last quarter. Riverhead Capital Management LLC lifted its holdings in Deckers Outdoor Corporation by 75.5% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,931 shares of the textile maker’s stock valued at $132,000 after buying an additional 831 shares in the last quarter. James Investment Research Inc. bought a new stake in Deckers Outdoor Corporation during the 2nd quarter valued at about $148,000. Point72 Asia Hong Kong Ltd lifted its holdings in Deckers Outdoor Corporation by 185.2% during the 1st quarter. Point72 Asia Hong Kong Ltd now owns 2,504 shares of the textile maker’s stock valued at $150,000 after buying an additional 1,626 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in Deckers Outdoor Corporation by 91.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,543 shares of the textile maker’s stock valued at $175,000 after buying an additional 1,213 shares in the last quarter. Institutional investors own 99.57% of the company’s stock.

Deckers Outdoor Corporation Company Profile

Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. The Company’s segments include operations of its brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions, and Direct-to-Consumer (DTC) business, which includes E-Commerce business and retail store business.

Analyst Recommendations for Deckers Outdoor Corporation (NYSE:DECK)

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