5,112 Shares in Deckers Outdoor Corporation $DECK Bought by Opal Capital LLC

Opal Capital LLC bought a new position in Deckers Outdoor Corporation (NYSE:DECK) during the first quarter, according to its most recent 13F filing with the SEC. The fund bought 5,112 shares of the textile maker’s stock, valued at approximately $512,000.

A number of other institutional investors have also recently made changes to their positions in the business. Geneos Wealth Management Inc. increased its stake 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 acquiring an additional 215 shares during the last quarter. Elyxium Wealth LLC bought a new stake in shares of Deckers Outdoor in the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. boosted its holdings in shares of Deckers Outdoor by 45.5% in the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after purchasing an additional 100 shares during the period. Activest Wealth Management increased its position in shares of Deckers Outdoor by 298.8% during the 4th 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 purchased a new stake in Deckers Outdoor during the 4th quarter valued at $35,000. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Performance

Shares of NYSE:DECK opened at $104.02 on Wednesday. The firm’s 50 day simple moving average is $106.39 and its 200-day simple moving average is $105.96. Deckers Outdoor Corporation has a one year low of $78.91 and a one year high of $125.45. The firm has a market cap of $14.17 billion, a PE ratio of 14.75, a price-to-earnings-growth ratio of 1.82 and a beta of 1.17.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings data on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.06. Deckers Outdoor had a return on equity of 41.51% and a net margin of 18.54%.The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter in the prior year, the firm earned $0.93 earnings per share. Deckers Outdoor’s revenue was up 5.7% compared to the same quarter last year. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. Equities research analysts predict that Deckers Outdoor Corporation will post 7.49 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

DECK has been the subject of a number of analyst reports. KeyCorp restated a “sector weight” rating on shares of Deckers Outdoor in a research report on Friday. UBS Group reiterated a “buy” rating on shares of Deckers Outdoor in a report on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a research note on Friday, July 17th. Stifel Nicolaus set a $133.00 target price on Deckers Outdoor and gave the company a “buy” rating in a research report on Friday. Finally, Wells Fargo & Company reiterated an “underweight” rating and issued a $85.00 price target on shares of Deckers Outdoor in a report on Friday. Nine analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Deckers Outdoor currently has a consensus rating of “Hold” and a consensus target price of $117.16.

About Deckers Outdoor

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.