Deckers Outdoor (NYSE:DECK) will be issuing its quarterly earnings data after the market closes on Wednesday, January 31st. Analysts expect the company to announce earnings of $3.84 per share for the quarter.
Deckers Outdoor (NYSE:DECK) last announced its earnings results on Thursday, October 26th. The textile maker reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.52. The company had revenue of $482.50 million during the quarter, compared to the consensus estimate of $440.11 million. Deckers Outdoor had a return on equity of 15.23% and a net margin of 1.80%. The company’s revenue was down .7% on a year-over-year basis. During the same period last year, the firm earned $1.21 earnings per share. On average, analysts expect Deckers Outdoor to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of Deckers Outdoor (NYSE DECK) opened at $88.07 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.26 and a current ratio of 2.43. The firm has a market capitalization of $2,810.00, a PE ratio of 88.07, a PEG ratio of 1.79 and a beta of 1.26. Deckers Outdoor has a 52 week low of $44.00 and a 52 week high of $88.43.
Several analysts have recently weighed in on DECK shares. BidaskClub upgraded Deckers Outdoor from a “hold” rating to a “buy” rating in a research note on Saturday, October 28th. Morgan Stanley raised their target price on Deckers Outdoor from $64.50 to $70.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 31st. Telsey Advisory Group raised their target price on Deckers Outdoor from $72.00 to $84.00 and gave the company an “outperform” rating in a research note on Friday, October 27th. Stifel Nicolaus restated a “buy” rating on shares of Deckers Outdoor in a research note on Friday, October 27th. Finally, Citigroup raised their target price on Deckers Outdoor from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Friday, October 27th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $72.31.
COPYRIGHT VIOLATION NOTICE: “Deckers Outdoor (DECK) Set to Announce Quarterly Earnings on Wednesday” was first posted by American Banking News and is owned by of American Banking News. If you are accessing this news story on another website, it was illegally copied and republished in violation of US and international copyright legislation. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2018/01/24/deckers-outdoor-deck-set-to-announce-quarterly-earnings-on-wednesday.html.
Deckers Outdoor 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.
Receive News & Ratings for Deckers Outdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor and related companies with MarketBeat.com's FREE daily email newsletter.