Deckers Outdoor (NYSE:DECK) Posts Earnings Results, Beats Estimates By $0.15 EPS

Deckers Outdoor (NYSE:DECK) released its quarterly earnings results on Thursday. The textile maker reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.15, FiscalAI reports. Deckers Outdoor had a return on equity of 41.60% and a net margin of 19.46%.The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Deckers Outdoor updated its FY 2027 guidance to 7.300-7.450 EPS.

Deckers Outdoor Trading Up 4.5%

Shares of NYSE DECK traded up $4.46 during trading on Thursday, reaching $102.70. The company had a trading volume of 4,059,255 shares, compared to its average volume of 2,349,441. The stock has a 50-day moving average price of $102.17 and a two-hundred day moving average price of $101.46. The stock has a market capitalization of $14.58 billion, a PE ratio of 14.51, a price-to-earnings-growth ratio of 2.03 and a beta of 1.14. Deckers Outdoor has a twelve month low of $78.91 and a twelve month high of $127.00.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Rakuten Securities Inc. raised its holdings in Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after acquiring an additional 100 shares during the last quarter. BOKF NA increased its holdings in shares of Deckers Outdoor by 0.9% during the 3rd quarter. BOKF NA now owns 17,412 shares of the textile maker’s stock worth $1,765,000 after buying an additional 150 shares during the last quarter. Lido Advisors LLC increased its holdings in shares of Deckers Outdoor by 7.1% during the 4th quarter. Lido Advisors LLC now owns 2,479 shares of the textile maker’s stock worth $252,000 after buying an additional 164 shares during the last quarter. Vise Technologies Inc. increased its holdings in shares of Deckers Outdoor by 7.2% during the 4th quarter. Vise Technologies Inc. now owns 2,592 shares of the textile maker’s stock worth $269,000 after buying an additional 173 shares during the last quarter. Finally, Two Sigma Securities LLC increased its holdings in shares of Deckers Outdoor by 3.4% during the 2nd quarter. Two Sigma Securities LLC now owns 5,290 shares of the textile maker’s stock worth $545,000 after buying an additional 173 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on DECK. Argus raised Deckers Outdoor from a “hold” rating to a “buy” rating in a report on Friday, February 20th. Evercore set a $108.00 price target on Deckers Outdoor in a report on Friday, January 30th. Needham & Company LLC raised their price target on Deckers Outdoor from $115.00 to $138.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Raymond James Financial lowered Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price target on the stock. in a report on Thursday, April 23rd. Finally, UBS Group reaffirmed a “buy” rating and issued a $145.00 price objective (down from $161.00) on shares of Deckers Outdoor in a report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $122.42.

Deckers Outdoor Company 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.