Deckers Outdoor (NYSE:DECK) Rating Lowered to Hold at Zacks Research

Deckers Outdoor (NYSE:DECKGet Free Report) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports. Zacks Research also issued estimates for Deckers Outdoor’s Q3 2026 earnings at $2.73 EPS, Q4 2026 earnings at $0.91 EPS, FY2026 earnings at $6.39 EPS, Q1 2027 earnings at $0.95 EPS, Q2 2027 earnings at $1.78 EPS, Q3 2027 earnings at $3.12 EPS, Q4 2027 earnings at $1.07 EPS, FY2027 earnings at $6.92 EPS, Q1 2028 earnings at $1.04 EPS, Q2 2028 earnings at $1.95 EPS and FY2028 earnings at $7.58 EPS.

Several other research firms have also recently weighed in on DECK. Weiss Ratings restated a “hold (c)” rating on shares of Deckers Outdoor in a research note on Wednesday, October 8th. Bank of America upped their price objective on Deckers Outdoor from $120.00 to $122.00 and gave the stock a “neutral” rating in a research report on Thursday, September 25th. Wells Fargo & Company reduced their price objective on Deckers Outdoor from $100.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Friday, October 24th. Sanford C. Bernstein assumed coverage on Deckers Outdoor in a research report on Thursday, September 18th. They issued an “underperform” rating and a $100.00 target price on the stock. Finally, Truist Financial set a $105.00 target price on shares of Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $118.11.

Read Our Latest Report on Deckers Outdoor

Deckers Outdoor Price Performance

DECK stock traded up $2.11 during midday trading on Monday, reaching $84.82. The company had a trading volume of 1,469,173 shares, compared to its average volume of 3,488,413. Deckers Outdoor has a 1-year low of $78.91 and a 1-year high of $223.98. The stock has a 50 day moving average price of $101.43 and a 200-day moving average price of $106.45. The company has a market capitalization of $12.36 billion, a price-to-earnings ratio of 12.58, a price-to-earnings-growth ratio of 3.79 and a beta of 1.10.

Deckers Outdoor (NYSE:DECKGet Free Report) last released its earnings results on Thursday, October 23rd. The textile maker reported $1.82 EPS for the quarter, beating the consensus estimate of $1.58 by $0.24. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.41 billion. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The business’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period last year, the firm earned $1.59 EPS. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. As a group, research analysts anticipate that Deckers Outdoor will post 5.89 earnings per share for the current year.

Insider Activity

In related news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the transaction, the director directly owned 10,979 shares of the company’s stock, valued at $1,295,741.58. The trade was a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Angela Ogbechie sold 1,460 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $81.45, for a total transaction of $118,917.00. Following the transaction, the insider owned 34,020 shares of the company’s stock, valued at approximately $2,770,929. The trade was a 4.11% decrease in their position. The SEC filing for this sale provides additional information. 0.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Deckers Outdoor

Several large investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its holdings in shares of Deckers Outdoor by 3.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker’s stock valued at $116,310,000 after purchasing an additional 39,211 shares during the last quarter. Trillium Asset Management LLC increased its position in shares of Deckers Outdoor by 28.1% during the 2nd quarter. Trillium Asset Management LLC now owns 188,486 shares of the textile maker’s stock valued at $19,428,000 after purchasing an additional 41,325 shares during the last quarter. Jump Financial LLC boosted its holdings in shares of Deckers Outdoor by 5,481.7% in the 1st quarter. Jump Financial LLC now owns 156,568 shares of the textile maker’s stock worth $17,506,000 after buying an additional 153,763 shares during the last quarter. OFI Invest Asset Management increased its holdings in Deckers Outdoor by 32.1% during the second quarter. OFI Invest Asset Management now owns 361,543 shares of the textile maker’s stock worth $37,264,000 after buying an additional 87,834 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in Deckers Outdoor by 0.6% in the first quarter. Vanguard Group Inc. now owns 17,747,418 shares of the textile maker’s stock valued at $1,984,339,000 after acquiring an additional 107,635 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Deckers Outdoor Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Deckers Outdoor (NYSE:DECK)

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