Landscape Capital Management L.L.C. Buys Shares of 19,423 Deckers Outdoor Corporation $DECK

Landscape Capital Management L.L.C. bought a new stake in Deckers Outdoor Corporation (NYSE:DECK) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 19,423 shares of the textile maker’s stock, valued at approximately $2,014,000.

A number of other hedge funds also recently added to or reduced their stakes in DECK. Geneos Wealth Management Inc. raised its stake in shares of Deckers Outdoor by 330.8% during 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 during the fourth quarter valued at about $30,000. Rakuten Securities Inc. raised its stake in shares of Deckers Outdoor by 45.5% during 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 raised its stake in shares of Deckers Outdoor by 298.8% during 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, Hilton Head Capital Partners LLC bought a new stake in shares of Deckers Outdoor during the fourth quarter valued at about $35,000. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor Trading Down 1.3%

Shares of NYSE DECK opened at $112.38 on Tuesday. The business has a fifty day simple moving average of $105.74 and a 200 day simple moving average of $105.04. The firm has a market capitalization of $15.61 billion, a price-to-earnings ratio of 15.96, a PEG ratio of 2.25 and a beta of 1.16. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $126.50.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating 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 business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the company posted $1.00 earnings per share. Deckers Outdoor’s revenue was up 9.5% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, research analysts anticipate that Deckers Outdoor Corporation will post 7.45 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on DECK. KeyCorp restated a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday, May 22nd. Piper Sandler reissued a “neutral” rating on shares of Deckers Outdoor in a research note on Thursday. UBS Group boosted their price target on Deckers Outdoor from $145.00 to $161.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Raymond James Financial cut Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price for the company. in a research report on Thursday, April 23rd. Finally, Truist Financial set a $125.00 target price on Deckers Outdoor and gave the stock a “buy” rating in a research report on Friday, May 22nd. Nine equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $121.11.

Deckers Outdoor 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.