Counterpoint Mutual Funds LLC Invests $594,000 in Deckers Outdoor Corporation $DECK

Counterpoint Mutual Funds LLC acquired a new position in Deckers Outdoor Corporation (NYSE:DECK) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 5,932 shares of the textile maker’s stock, valued at approximately $594,000.

Several other hedge funds have also recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new stake in shares of Deckers Outdoor in the fourth quarter valued at approximately $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Deckers Outdoor by 3.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock worth $1,858,000 after buying an additional 522 shares during the period. Empowered Funds LLC boosted its position in shares of Deckers Outdoor by 165.6% during the first quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock worth $1,145,000 after buying an additional 6,384 shares during the period. Focus Partners Wealth boosted its position in shares of Deckers Outdoor by 8.1% during the first quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock worth $773,000 after buying an additional 521 shares during the period. Finally, Marshall Wace LLP grew its holdings in Deckers Outdoor by 163.2% in the 2nd quarter. Marshall Wace LLP now owns 10,306 shares of the textile maker’s stock worth $1,062,000 after buying an additional 6,391 shares in the last quarter. 97.79% of the stock is currently owned by institutional investors.

Deckers Outdoor Price Performance

Deckers Outdoor stock opened at $104.81 on Friday. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $126.50. The stock has a market capitalization of $14.56 billion, a PE ratio of 14.89, a price-to-earnings-growth ratio of 2.07 and a beta of 1.17. The firm has a 50 day simple moving average of $105.10 and a 200-day simple moving average of $105.87.

Deckers Outdoor (NYSE:DECK) last announced its earnings results on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, topping the consensus estimate of $0.81 by $0.15. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The firm’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, analysts forecast that Deckers Outdoor Corporation will post 7.45 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

DECK has been the topic of several analyst reports. Raymond James Financial cut Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price on the stock. in a research report on Thursday, April 23rd. Argus set a $128.00 price target on Deckers Outdoor in a research report on Friday, May 29th. Stifel Nicolaus set a $144.00 price target on Deckers Outdoor in a research note on Friday, May 29th. Needham & Company LLC reissued a “buy” rating and set a $138.00 price target on shares of Deckers Outdoor in a report on Friday, May 22nd. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $105.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 22nd. Nine research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target 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.