180 Wealth Advisors LLC Takes Position in Deckers Outdoor Corporation $DECK

180 Wealth Advisors LLC purchased a new position in shares of Deckers Outdoor Corporation (NYSE:DECKFree Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,693 shares of the textile maker’s stock, valued at approximately $570,000.

A number of other large investors have also recently made changes to their positions in the stock. Geneos Wealth Management Inc. lifted its holdings in Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after buying an additional 215 shares during the period. Elyxium Wealth LLC purchased a new stake in shares of Deckers Outdoor during the fourth quarter valued at $30,000. Rakuten Securities Inc. boosted its position in 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 buying an additional 100 shares during the last quarter. Activest Wealth Management boosted its holdings in 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 during the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new stake in Deckers Outdoor during the fourth quarter worth about $35,000. 97.79% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor Trading Up 1.8%

NYSE:DECK opened at $107.91 on Tuesday. Deckers Outdoor Corporation has a 12-month low of $78.91 and a 12-month high of $126.50. The firm has a market cap of $14.99 billion, a PE ratio of 15.33, a price-to-earnings-growth ratio of 2.10 and a beta of 1.17. The stock has a fifty day moving average price of $105.09 and a 200 day moving average price of $106.05.

Deckers Outdoor (NYSE:DECKGet Free Report) last announced its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.15. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Deckers Outdoor had a net margin of 18.90% and a return on equity of 41.19%. The company’s quarterly revenue was up 9.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.00 EPS. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. Equities analysts forecast that Deckers Outdoor Corporation will post 7.45 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Telsey Advisory Group set a $113.00 price objective on Deckers Outdoor in a report on Friday, May 22nd. Wells Fargo & Company downgraded Deckers Outdoor from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $115.00 to $90.00 in a research note on Friday, May 8th. Raymond James Financial cut shares of Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price target on the stock. in a research note on Thursday, April 23rd. Sanford C. Bernstein reissued a “market perform” rating and set a $105.00 target price on shares of Deckers Outdoor in a research note on Friday, May 22nd. Finally, KGI Securities cut Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price objective on the stock. in a report on Friday, May 22nd. Nine analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $121.11.

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Deckers Outdoor Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Deckers Outdoor (NYSE:DECK)

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