Wall Street brokerages expect Deckers Outdoor Corp (NYSE:DECK) to report $0.18 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Deckers Outdoor’s earnings. The highest EPS estimate is $0.22 and the lowest is $0.15. Deckers Outdoor posted earnings of $0.11 per share during the same quarter last year, which suggests a positive year over year growth rate of 63.6%. The firm is expected to report its next quarterly earnings results on Thursday, May 24th.
On average, analysts expect that Deckers Outdoor will report full-year earnings of $5.43 per share for the current fiscal year, with EPS estimates ranging from $5.41 to $5.48. For the next fiscal year, analysts expect that the company will post earnings of $6.01 per share, with EPS estimates ranging from $5.92 to $6.10. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover Deckers Outdoor.
Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, February 1st. The textile maker reported $4.97 EPS for the quarter, beating the Zacks’ consensus estimate of $3.84 by $1.13. Deckers Outdoor had a return on equity of 17.72% and a net margin of 4.17%. The company had revenue of $810.50 million during the quarter, compared to analysts’ expectations of $748.38 million. During the same period in the prior year, the company earned $4.11 EPS. Deckers Outdoor’s revenue was up 6.6% compared to the same quarter last year.
In other news, Director Karyn Odette Barsa sold 1,085 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $93.50, for a total value of $101,447.50. Following the completion of the sale, the director now directly owns 14,174 shares in the company, valued at approximately $1,325,269. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Andrea O’donnell sold 2,220 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $93.90, for a total value of $208,458.00. Following the completion of the sale, the insider now owns 17,793 shares of the company’s stock, valued at $1,670,762.70. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 14,168 shares of company stock valued at $1,341,189. Company insiders own 1.90% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of DECK. Public Employees Retirement System of Ohio lifted its position in Deckers Outdoor by 6.6% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 4,370 shares of the textile maker’s stock valued at $298,000 after acquiring an additional 270 shares in the last quarter. Meadow Creek Investment Management LLC lifted its position in Deckers Outdoor by 22.1% in the 4th quarter. Meadow Creek Investment Management LLC now owns 3,278 shares of the textile maker’s stock valued at $263,000 after acquiring an additional 594 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its position in Deckers Outdoor by 0.8% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 101,263 shares of the textile maker’s stock valued at $8,126,000 after acquiring an additional 766 shares in the last quarter. ING Groep NV lifted its position in Deckers Outdoor by 23.1% in the 4th quarter. ING Groep NV now owns 4,823 shares of the textile maker’s stock valued at $387,000 after acquiring an additional 904 shares in the last quarter. Finally, Great West Life Assurance Co. Can lifted its position in Deckers Outdoor by 5.3% in the 3rd quarter. Great West Life Assurance Co. Can now owns 19,882 shares of the textile maker’s stock valued at $1,334,000 after acquiring an additional 1,008 shares in the last quarter. Institutional investors own 99.56% of the company’s stock.
Shares of Deckers Outdoor (NYSE:DECK) traded down $6.88 on Monday, hitting $90.62. The stock had a trading volume of 1,755,548 shares, compared to its average volume of 874,060. Deckers Outdoor has a one year low of $52.58 and a one year high of $98.92. The company has a market cap of $3,100.00, a PE ratio of 18.95, a price-to-earnings-growth ratio of 1.55 and a beta of 1.17. The company has a quick ratio of 2.16, a current ratio of 3.25 and a debt-to-equity ratio of 0.03.
About Deckers Outdoor
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.
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