Deckers Outdoor (NYSE:DECK) will post its quarterly earnings results after the market closes on Thursday, January 31st. Analysts expect Deckers Outdoor to post earnings of $5.31 per share for the quarter.
Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, October 25th. The textile maker reported $2.38 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.72 by $0.66. The company had revenue of $501.91 million for the quarter, compared to the consensus estimate of $496.22 million. Deckers Outdoor had a net margin of 7.69% and a return on equity of 23.27%. During the same period last year, the firm posted $1.54 EPS. On average, analysts expect Deckers Outdoor to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Shares of NYSE:DECK opened at $123.55 on Thursday. The stock has a market capitalization of $3.46 billion, a P/E ratio of 21.52, a PEG ratio of 1.81 and a beta of 0.74. Deckers Outdoor has a fifty-two week low of $84.30 and a fifty-two week high of $137.49. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.26 and a current ratio of 2.41.
In other Deckers Outdoor news, Director John Mersman Gibbons sold 3,000 shares of the business’s stock in a transaction dated Friday, November 9th. The shares were sold at an average price of $134.00, for a total transaction of $402,000.00. Following the sale, the director now directly owns 28,663 shares in the company, valued at approximately $3,840,842. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Caroti Stefano sold 1,750 shares of the business’s stock in a transaction dated Thursday, November 1st. The stock was sold at an average price of $130.00, for a total transaction of $227,500.00. Following the sale, the insider now owns 24,252 shares in the company, valued at $3,152,760. The disclosure for this sale can be found here. Insiders have sold a total of 6,250 shares of company stock worth $821,965 over the last 90 days. 0.40% of the stock is owned by insiders.
Several brokerages recently weighed in on DECK. Canaccord Genuity set a $143.00 price objective on shares of Deckers Outdoor and gave the company a “buy” rating in a research report on Friday, January 18th. ValuEngine downgraded shares of Deckers Outdoor from a “buy” rating to a “hold” rating in a research report on Thursday, January 10th. Citigroup lifted their price objective on shares of Deckers Outdoor from $122.00 to $140.00 and gave the company a “neutral” rating in a research report on Monday, November 12th. Macquarie set a $105.00 price objective on shares of Deckers Outdoor and gave the company a “hold” rating in a research report on Tuesday, October 30th. Finally, Buckingham Research lifted their price objective on shares of Deckers Outdoor from $109.00 to $115.00 and gave the company a “neutral” rating in a research report on Friday, October 26th. Twelve equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $118.57.
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. It offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and footwear under the Sanuk brand name.
Featured Article: How Short Selling Works
Receive News & Ratings for Deckers Outdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor and related companies with MarketBeat.com's FREE daily email newsletter.