Deckers Outdoor (DECK) Scheduled to Post Earnings on Thursday

Deckers Outdoor (NYSE:DECK) will post its quarterly earnings results after the market closes on Thursday, October 24th. Analysts expect Deckers Outdoor to post earnings of $1.22 per share for the quarter. Deckers Outdoor has set its FY25 guidance at $29.75-30.65 EPS and its FY 2025 guidance at 29.750-30.650 EPS.Parties that wish to listen to the company’s conference call can do so using this link.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, July 25th. The textile maker reported $0.13 EPS for the quarter, topping the consensus estimate of $0.10 by $0.03. Deckers Outdoor had a net margin of 18.45% and a return on equity of 40.52%. The firm had revenue of $825.30 million for the quarter, compared to the consensus estimate of $808.40 million. During the same quarter in the previous year, the firm earned $0.07 earnings per share. The company’s quarterly revenue was up 22.1% compared to the same quarter last year. On average, analysts expect Deckers Outdoor to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Deckers Outdoor Stock Performance

DECK stock opened at $154.05 on Wednesday. Deckers Outdoor has a one year low of $80.67 and a one year high of $184.48. The company’s fifty day moving average price is $97.25 and its 200-day moving average price is $50.78. The company has a market capitalization of $3.92 billion, a PE ratio of 5.26, a price-to-earnings-growth ratio of 2.85 and a beta of 1.05.

Wall Street Analyst Weigh In

DECK has been the topic of several research analyst reports. Wedbush reissued an “outperform” rating and issued a $28.61 target price on shares of Deckers Outdoor in a report on Friday, July 26th. Piper Sandler set a $166.00 target price on shares of Deckers Outdoor in a report on Thursday, October 17th. StockNews.com downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 25th. Evercore ISI boosted their price target on shares of Deckers Outdoor from $183.00 to $185.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Finally, Guggenheim began coverage on shares of Deckers Outdoor in a research report on Wednesday, October 9th. They issued a “neutral” rating on the stock. Nine investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, Deckers Outdoor currently has an average rating of “Moderate Buy” and a consensus price target of $114.57.

Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, Director David Powers sold 140,832 shares of the business’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $23.97, for a total transaction of $3,376,368.96. Following the transaction, the director now owns 2,450,808 shares in the company, valued at $58,756,760.24. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Deckers Outdoor news, Director David Powers sold 140,832 shares of the business’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $23.97, for a total transaction of $3,376,368.96. Following the transaction, the director now owns 2,450,808 shares in the company, valued at $58,756,760.24. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Steven J. Fasching sold 9,198 shares of the business’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of $166.67, for a total transaction of $1,533,030.66. Following the sale, the chief financial officer now directly owns 161,838 shares of the company’s stock, valued at $26,973,539.46. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.70% 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.