Bayforest Capital Ltd Buys Shares of 11,609 Deckers Outdoor Corporation $DECK

Bayforest Capital Ltd bought a new stake in Deckers Outdoor Corporation (NYSE:DECK) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,609 shares of the textile maker’s stock, valued at approximately $1,298,000. Deckers Outdoor makes up approximately 0.6% of Bayforest Capital Ltd’s investment portfolio, making the stock its 11th largest position.

Other institutional investors also recently made changes to their positions in the company. Mpwm Advisory Solutions LLC acquired a new position in shares of Deckers Outdoor in the 4th quarter valued at approximately $26,000. Vega Investment Solutions acquired a new position in shares of Deckers Outdoor in the 4th quarter valued at approximately $29,000. Mountain Hill Investment Partners Corp. acquired a new position in shares of Deckers Outdoor in the 1st quarter valued at approximately $34,000. Fourth Dimension Wealth LLC acquired a new position in shares of Deckers Outdoor in the 4th quarter valued at approximately $41,000. Finally, Olde Wealth Management LLC acquired a new position in shares of Deckers Outdoor in the 1st quarter valued at approximately $47,000. 97.79% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

DECK has been the topic of a number of recent analyst reports. Cowen reaffirmed a “buy” rating on shares of Deckers Outdoor in a research report on Tuesday, May 20th. Wells Fargo & Company upped their price target on Deckers Outdoor from $90.00 to $100.00 and gave the company an “equal weight” rating in a research report on Friday, July 25th. UBS Group upped their price target on Deckers Outdoor from $144.00 to $158.00 and gave the company a “buy” rating in a research report on Friday, July 25th. Telsey Advisory Group reissued a “market perform” rating and set a $120.00 price target on shares of Deckers Outdoor in a research report on Friday, July 25th. Finally, TD Securities upped their price target on Deckers Outdoor from $150.00 to $175.00 and gave the company a “buy” rating in a research report on Tuesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $137.50.

Deckers Outdoor Price Performance

Shares of DECK opened at $117.15 on Tuesday. The company has a market cap of $17.38 billion, a P/E ratio of 17.97, a PEG ratio of 4.57 and a beta of 1.05. The stock has a fifty day moving average price of $108.01 and a 200 day moving average price of $112.25. Deckers Outdoor Corporation has a 12 month low of $93.72 and a 12 month high of $223.98.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.25. The firm had revenue of $964.54 million during the quarter, compared to the consensus estimate of $901.45 million. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The firm’s revenue was up 16.9% on a year-over-year basis. During the same period in the prior year, the business earned $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, research analysts anticipate that Deckers Outdoor Corporation will post 5.89 earnings per share for the current year.

Deckers Outdoor declared that its Board of Directors has approved a share buyback program on Thursday, May 22nd that authorizes the company to buyback $2.25 billion in shares. This buyback authorization authorizes the textile maker to repurchase up to 11.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Deckers Outdoor Profile

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.