Leo Wealth LLC bought a new stake in Deckers Outdoor Corporation (NYSE:DECK – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 11,501 shares of the textile maker’s stock, valued at approximately $899,000.
Other institutional investors have also recently bought and sold shares of the company. Signaturefd LLC grew its stake in shares of Deckers Outdoor by 45.8% during the 3rd quarter. Signaturefd LLC now owns 2,654 shares of the textile maker’s stock worth $207,000 after acquiring an additional 834 shares in the last quarter. Citizens Financial Group Inc. RI acquired a new stake in shares of Deckers Outdoor in the third quarter valued at approximately $1,014,000. Fifth Third Wealth Advisors LLC lifted its position in shares of Deckers Outdoor by 31.5% in the third quarter. Fifth Third Wealth Advisors LLC now owns 4,183 shares of the textile maker’s stock worth $327,000 after purchasing an additional 1,003 shares in the last quarter. Yousif Capital Management LLC lifted its position in shares of Deckers Outdoor by 3.7% in the third quarter. Yousif Capital Management LLC now owns 15,594 shares of the textile maker’s stock worth $1,219,000 after purchasing an additional 550 shares in the last quarter. Finally, MBL Wealth LLC bought a new stake in shares of Deckers Outdoor in the third quarter worth $673,000. Institutional investors own 97.79% of the company’s stock.
Deckers Outdoor Trading Down 0.7%
NYSE DECK opened at $80.49 on Tuesday. Deckers Outdoor Corporation has a 12 month low of $77.20 and a 12 month high of $122.29. The stock has a 50 day moving average of $83.32 and a 200-day moving average of $99.72. The company has a market cap of $10.96 billion, a PE ratio of 10.67, a PEG ratio of 1.21 and a beta of 1.12.
Deckers Outdoor (NYSE:DECK – Get Free Report) last issued its earnings results on Thursday, October 22nd. The textile maker reported $2.31 earnings per share for the quarter, topping analysts’ consensus estimates of $1.79 by $0.52. Deckers Outdoor had a net margin of 19.18% and a return on equity of 42.42%. The business had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the previous year, the company earned $1.82 earnings per share. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. As a group, sell-side analysts predict that Deckers Outdoor Corporation will post 7.78 EPS for the current fiscal year.
Trending Headlines about Deckers Outdoor
Here are the key news stories impacting Deckers Outdoor this week:
- Positive Sentiment: Deckers beat quarterly earnings expectations, while expanding margins supported a favorable profit outlook. The company also continued share repurchases, which may enhance per-share results. A Solid Margin Story Means the Sell-Off in DECK May Be Overdone
- Positive Sentiment: A separate analysis argues that DECK’s valuation may now look attractive after the sell-off, with its long-term growth profile and profitability potentially limiting downside. Deckers Outdoor Lifted Profit Outlook, Is The Stock A Bargain?
- Neutral Sentiment: Zacks highlighted Deckers as a stock attracting substantial investor attention and discussed its long-term growth characteristics, but provided limited new company-specific information. Deckers Outdoor Corporation is Attracting Investor Attention Why Deckers Is a Top Growth Stock for the Long-Term
- Neutral Sentiment: Wall Street brokerage coverage remains mixed, with Deckers receiving a “Hold” rating while several firms revised their price expectations lower. Deckers Stock Rated Hold by Wall Street Brokerages
- Negative Sentiment: The key catalyst for the decline was a revenue miss and a reduction in fiscal 2027 sales expectations for HOKA and UGG. The weaker outlook raises concerns about slowing brand momentum, even though earnings surpassed estimates. A Solid Margin Story Means the Sell-Off in DECK May Be Overdone
- Negative Sentiment: Analysts cited a sharp slowdown in direct-to-consumer sales, and Stifel, BNP Paribas Exane, Evercore, Jefferies, Bernstein, and Raymond James all lowered targets or issued more cautious forecasts. Deckers Sharp DTC Slowdown Offset by Cheap Price
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on DECK shares. UBS Group set a $137.00 target price on shares of Deckers Outdoor and gave the company a “buy” rating in a research report on Friday. Jefferies Financial Group cut their price target on shares of Deckers Outdoor from $130.00 to $120.00 and set a “hold” rating on the stock in a research report on Friday. Needham & Company LLC reduced their price objective on shares of Deckers Outdoor from $125.00 to $96.00 and set a “buy” rating for the company in a research note on Friday. Sanford C. Bernstein reduced their price objective on shares of Deckers Outdoor from $105.00 to $100.00 in a research note on Friday. Finally, Bank of America lowered their target price on Deckers Outdoor from $115.00 to $105.00 in a research report on Friday, July 24th. Ten analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Deckers Outdoor has a consensus rating of “Hold” and an average price target of $105.81.
View Our Latest Analysis on DECK
Deckers Outdoor Profile
Deckers Outdoor Corporation, doing business as Deckers Brands (NYSE: DECK), is a global footwear, apparel and accessories company. Its portfolio includes UGG, known for sheepskin and casual footwear; HOKA, which focuses on performance and running shoes; Teva, which offers outdoor and sport sandals and footwear; and Koolaburra by UGG, a lifestyle footwear brand.
The company sells its products through department and specialty stores, independent retailers, international distributors, company-owned retail stores and e-commerce websites.
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