FY2024 Earnings Estimate for Deckers Outdoor Co. (NYSE:DECK) Issued By Wedbush

Deckers Outdoor Co. (NYSE:DECK) – Equities research analysts at Wedbush lifted their FY2024 EPS estimates for shares of Deckers Outdoor in a research note issued on Monday, May 6th. Wedbush analyst T. Nikic now anticipates that the textile maker will earn $27.25 per share for the year, up from their previous forecast of $26.50. Wedbush has a “Outperform” rating and a $1,000.00 price target on the stock. The consensus estimate for Deckers Outdoor’s current full-year earnings is $26.89 per share. Wedbush also issued estimates for Deckers Outdoor’s Q2 2025 earnings at $6.88 EPS and Q3 2025 earnings at $16.03 EPS.

A number of other research firms have also weighed in on DECK. Stifel Nicolaus upped their target price on shares of Deckers Outdoor from $709.00 to $775.00 and gave the stock a “hold” rating in a research note on Friday, February 2nd. Truist Financial reaffirmed a “hold” rating and set a $864.00 price objective (down from $983.00) on shares of Deckers Outdoor in a research report on Wednesday, April 10th. KeyCorp began coverage on Deckers Outdoor in a report on Wednesday, February 7th. They issued an “overweight” rating and a $960.00 target price on the stock. UBS Group lifted their price target on Deckers Outdoor from $950.00 to $1,150.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Finally, Evercore ISI initiated coverage on Deckers Outdoor in a report on Thursday, February 15th. They issued an “outperform” rating and a $960.00 price objective on the stock. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $889.00.

Deckers Outdoor Price Performance

Shares of NYSE DECK opened at $853.72 on Tuesday. The company has a market cap of $21.91 billion, a price-to-earnings ratio of 30.71, a price-to-earnings-growth ratio of 1.49 and a beta of 1.05. The stock’s 50-day moving average is $877.33 and its two-hundred day moving average is $767.06. Deckers Outdoor has a 1-year low of $424.36 and a 1-year high of $956.17.

Institutional Trading of Deckers Outdoor

Several hedge funds have recently modified their holdings of the business. SG Americas Securities LLC acquired a new position in Deckers Outdoor during the third quarter worth about $234,000. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Deckers Outdoor by 3.6% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 1,754 shares of the textile maker’s stock worth $902,000 after acquiring an additional 61 shares during the period. Forsta AP Fonden raised its holdings in Deckers Outdoor by 28.0% during the third quarter. Forsta AP Fonden now owns 9,600 shares of the textile maker’s stock worth $4,935,000 after purchasing an additional 2,100 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Deckers Outdoor by 84.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 32,626 shares of the textile maker’s stock worth $16,773,000 after purchasing an additional 14,936 shares in the last quarter. Finally, Park Avenue Securities LLC acquired a new stake in Deckers Outdoor in the third quarter valued at $1,352,000. 97.79% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Deckers Outdoor

In other Deckers Outdoor news, insider Angela Ogbechie sold 313 shares of Deckers Outdoor stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $844.13, for a total value of $264,212.69. Following the transaction, the insider now directly owns 4,027 shares in the company, valued at approximately $3,399,311.51. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Deckers Outdoor news, insider Angela Ogbechie sold 313 shares of the company’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $844.13, for a total transaction of $264,212.69. Following the completion of the transaction, the insider now owns 4,027 shares in the company, valued at approximately $3,399,311.51. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Bonita C. Stewart sold 3,500 shares of Deckers Outdoor stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $871.11, for a total transaction of $3,048,885.00. Following the completion of the sale, the director now directly owns 8,863 shares in the company, valued at approximately $7,720,647.93. The disclosure for this sale can be found here. Over the last quarter, insiders sold 26,792 shares of company stock worth $23,173,771. 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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.