Deckers Outdoor Corporation (NYSE:DECK) Receives $118.11 Consensus Price Target from Analysts

Deckers Outdoor Corporation (NYSE:DECK) has earned a consensus recommendation of “Hold” from the twenty-five brokerages that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation, nine have given a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $118.1053.

DECK has been the topic of several analyst reports. Raymond James Financial set a $115.00 price objective on Deckers Outdoor and gave the stock a “strong-buy” rating in a report on Friday, October 24th. Truist Financial set a $105.00 price target on shares of Deckers Outdoor and gave the company a “buy” rating in a report on Friday, October 24th. Needham & Company LLC reduced their price objective on shares of Deckers Outdoor from $128.00 to $113.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. TD Cowen dropped their target price on shares of Deckers Outdoor from $125.00 to $124.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Finally, Robert W. Baird cut their target price on shares of Deckers Outdoor from $150.00 to $125.00 and set an “outperform” rating on the stock in a research note on Friday, October 24th.

Deckers Outdoor Stock Performance

Shares of NYSE:DECK opened at $84.27 on Monday. The business’s 50-day simple moving average is $100.64 and its 200 day simple moving average is $106.30. The company has a market cap of $12.28 billion, a P/E ratio of 12.48, a PEG ratio of 3.79 and a beta of 1.10. Deckers Outdoor has a one year low of $78.91 and a one year high of $223.98.

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

Insider Activity at Deckers Outdoor

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

Institutional Trading of Deckers Outdoor

Institutional investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in Deckers Outdoor during the second quarter worth about $223,036,000. Federated Hermes Inc. boosted its stake in Deckers Outdoor by 1,998.7% in the first quarter. Federated Hermes Inc. now owns 1,163,977 shares of the textile maker’s stock valued at $130,144,000 after acquiring an additional 1,108,516 shares during the period. Tredje AP fonden grew its holdings in shares of Deckers Outdoor by 507.2% during the second quarter. Tredje AP fonden now owns 1,290,498 shares of the textile maker’s stock valued at $133,012,000 after purchasing an additional 1,077,965 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Deckers Outdoor during the 1st quarter worth approximately $97,935,000. Finally, Swedbank AB raised its position in shares of Deckers Outdoor by 1,038.9% during the 1st quarter. Swedbank AB now owns 758,683 shares of the textile maker’s stock worth $84,828,000 after purchasing an additional 692,065 shares during the period. Institutional investors own 97.79% of the company’s stock.

About Deckers Outdoor

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.