Deckers Outdoor Corporation (NYSE:DECK) Given Average Recommendation of “Hold” by Brokerages

Deckers Outdoor Corporation (NYSE:DECK) has received a consensus recommendation of “Hold” from the twenty-five brokerages that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation, ten have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $117.5789.

Several research firms have commented on DECK. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a research report on Wednesday, October 8th. Sanford C. Bernstein assumed coverage on shares of Deckers Outdoor in a research note on Thursday, September 18th. They set an “underperform” rating and a $100.00 price objective for the company. Barclays lowered their target price on shares of Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating for the company in a research note on Monday, October 27th. Truist Financial set a $105.00 price target on shares of Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, October 24th. Finally, Wells Fargo & Company decreased their price objective on Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating for the company in a report on Friday, October 24th.

Deckers Outdoor Stock Up 1.3%

Deckers Outdoor stock opened at $96.18 on Friday. Deckers Outdoor has a twelve month low of $78.91 and a twelve month high of $223.98. The business has a fifty day moving average of $91.26 and a two-hundred day moving average of $102.68. The firm has a market cap of $14.02 billion, a P/E ratio of 14.25, a P/E/G ratio of 4.28 and a beta of 1.19.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 EPS for the quarter, topping the consensus estimate of $1.58 by $0.24. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.41 billion. Deckers Outdoor had a return on equity of 40.54% and a net margin of 19.47%.The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.59 EPS. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. Equities analysts expect that Deckers Outdoor will post 5.89 earnings per share for the current year.

Insider Transactions at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the firm’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the completion of the sale, the director owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. This trade represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Angela Ogbechie sold 1,460 shares of the business’s stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $81.45, for a total value of $118,917.00. Following the sale, the insider owned 34,020 shares in the company, valued at $2,770,929. The trade was a 4.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of DECK. Horizon Investments LLC lifted its stake in shares of Deckers Outdoor by 4.6% during the first quarter. Horizon Investments LLC now owns 2,179 shares of the textile maker’s stock worth $244,000 after buying an additional 96 shares during the period. Park Place Capital Corp increased its position in shares of Deckers Outdoor by 14.9% in the 2nd quarter. Park Place Capital Corp now owns 771 shares of the textile maker’s stock valued at $81,000 after acquiring an additional 100 shares during the period. Rakuten Securities Inc. raised its stake in Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after acquiring an additional 100 shares during the last quarter. Perigon Wealth Management LLC lifted its position in Deckers Outdoor by 4.3% during the 3rd quarter. Perigon Wealth Management LLC now owns 2,597 shares of the textile maker’s stock worth $263,000 after acquiring an additional 106 shares during the period. Finally, American National Bank & Trust lifted its position in Deckers Outdoor by 77.4% during the 3rd quarter. American National Bank & Trust now owns 243 shares of the textile maker’s stock worth $25,000 after acquiring an additional 106 shares during the period. Institutional investors and hedge funds own 97.79% of the company’s stock.

About Deckers Outdoor

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.