Eurizon SLJ Capital Ltd Takes Position in Deckers Outdoor Corporation $DECK

Eurizon SLJ Capital Ltd purchased a new stake in Deckers Outdoor Corporation (NYSE:DECK) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,854 shares of the textile maker’s stock, valued at approximately $1,644,000.

A number of other institutional investors also recently modified their holdings of DECK. Geneos Wealth Management Inc. lifted its holdings in shares of Deckers Outdoor by 330.8% in the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after purchasing an additional 215 shares in the last quarter. Elyxium Wealth LLC bought a new stake in shares of Deckers Outdoor in the fourth quarter valued at about $30,000. Rakuten Securities Inc. lifted its holdings in shares of Deckers Outdoor by 45.5% in the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after purchasing an additional 100 shares in the last quarter. Activest Wealth Management lifted its holdings in shares of Deckers Outdoor by 298.8% in the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after purchasing an additional 245 shares in the last quarter. Finally, Aventura Private Wealth LLC bought a new stake in shares of Deckers Outdoor in the fourth quarter valued at about $40,000. 97.79% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on DECK. Telsey Advisory Group set a $113.00 price target on Deckers Outdoor in a report on Friday, May 22nd. Piper Sandler upgraded Deckers Outdoor from an “underweight” rating to a “neutral” rating and boosted their price target for the company from $95.00 to $100.00 in a report on Monday, May 18th. Stifel Nicolaus set a $144.00 price target on Deckers Outdoor in a report on Friday. Needham & Company LLC restated a “buy” rating and issued a $138.00 price target on shares of Deckers Outdoor in a report on Friday, May 22nd. Finally, Evercore set a $108.00 target price on Deckers Outdoor in a report on Friday, January 30th. Nine research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $121.11.

Deckers Outdoor Stock Down 0.4%

Shares of NYSE DECK opened at $113.84 on Friday. The business’s 50 day moving average price is $103.16 and its two-hundred day moving average price is $102.73. The company has a market cap of $15.81 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 2.27 and a beta of 1.14. Deckers Outdoor Corporation has a twelve month low of $78.91 and a twelve month high of $126.50.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.15. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the previous year, the business earned $1.00 earnings per share. The business’s revenue was up 9.5% compared to the same quarter last year. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. As a group, research analysts anticipate that Deckers Outdoor Corporation will post 7.41 EPS for the current fiscal year.

Deckers Outdoor Company Profile

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.