Brokerages Set Deckers Outdoor Corporation (NYSE:DECK) Price Target at $136.26

Deckers Outdoor Corporation (NYSE:DECK) has been given a consensus rating of “Moderate Buy” by the twenty-six ratings firms that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation, nine have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $136.00.

A number of equities analysts have recently commented on DECK shares. Bank of America lifted their target price on shares of Deckers Outdoor from $120.00 to $122.00 and gave the company a “neutral” rating in a report on Thursday, September 25th. Barclays lifted their target price on shares of Deckers Outdoor from $134.00 to $141.00 and gave the company an “overweight” rating in a report on Friday, September 12th. Zacks Research raised shares of Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Truist Financial lifted their target price on shares of Deckers Outdoor from $130.00 to $145.00 and gave the company a “buy” rating in a report on Friday, July 25th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Deckers Outdoor in a report on Wednesday, October 8th.

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of the business’s stock in a transaction on Monday, September 8th. The shares were 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 approximately $1,295,741.58. The trade was a 2.66% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.40% of the stock is owned by insiders.

Hedge Funds Weigh In On Deckers Outdoor

Several institutional investors have recently bought and sold shares of DECK. Norges Bank acquired a new position in Deckers Outdoor in the 2nd quarter valued at $223,036,000. Federated Hermes Inc. increased its stake in Deckers Outdoor by 1,998.7% in the 1st quarter. Federated Hermes Inc. now owns 1,163,977 shares of the textile maker’s stock valued at $130,144,000 after buying an additional 1,108,516 shares during the period. Tredje AP fonden increased its stake in Deckers Outdoor by 507.2% in the 2nd quarter. Tredje AP fonden now owns 1,290,498 shares of the textile maker’s stock valued at $133,012,000 after buying an additional 1,077,965 shares during the period. Nuveen LLC acquired a new position in Deckers Outdoor in the 1st quarter valued at $97,935,000. Finally, Swedbank AB increased its stake in Deckers Outdoor by 1,038.9% in the 1st quarter. Swedbank AB now owns 758,683 shares of the textile maker’s stock valued at $84,828,000 after buying an additional 692,065 shares during the period. 97.79% of the stock is owned by institutional investors and hedge funds.

Deckers Outdoor Trading Up 0.4%

Shares of NYSE:DECK opened at $100.20 on Thursday. The company has a market capitalization of $14.86 billion, a PE ratio of 15.37, a P/E/G ratio of 3.81 and a beta of 1.05. Deckers Outdoor has a twelve month low of $93.72 and a twelve month high of $223.98. The firm has a 50 day simple moving average of $109.11 and a 200-day simple moving average of $108.76.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, July 24th. The textile maker reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.25. The business had revenue of $964.54 million during the quarter, compared to the consensus estimate of $901.45 million. Deckers Outdoor had a net margin of 19.42% and a return on equity of 40.49%. The company’s revenue was up 16.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.52 EPS. Deckers Outdoor has set its Q2 2026 guidance at 1.500-1.550 EPS. As a group, equities research analysts predict that Deckers Outdoor will post 5.89 EPS for the current fiscal year.

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.