Truist Financial Cuts Deckers Outdoor (NYSE:DECK) Price Target to $105.00

Deckers Outdoor (NYSE:DECK) had its price objective trimmed by Truist Financial from $125.00 to $105.00 in a report published on Friday morning,Benzinga reports. The firm currently has a buy rating on the textile maker’s stock.

A number of other equities research analysts have also recently weighed in on the company. KeyCorp reaffirmed a “sector weight” rating on shares of Deckers Outdoor in a report on Friday. KGI Securities lowered Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price objective for the company. in a report on Friday, May 22nd. Piper Sandler restated a “neutral” rating on shares of Deckers Outdoor in a research report on Thursday, June 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Deckers Outdoor in a research note on Friday, July 17th. Finally, Zacks Research downgraded Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Nine research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Deckers Outdoor has a consensus rating of “Hold” and a consensus price target of $117.16.

Deckers Outdoor Stock Up 0.1%

Shares of NYSE:DECK opened at $96.18 on Friday. The company has a market cap of $13.36 billion, a PE ratio of 13.64, a P/E/G ratio of 1.90 and a beta of 1.17. The company’s 50-day moving average price is $106.13 and its 200 day moving average price is $106.02. Deckers Outdoor has a fifty-two week low of $78.91 and a fifty-two week high of $126.50.

Deckers Outdoor (NYSE:DECK) last posted its earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.06. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same period in the previous year, the business posted $0.93 EPS. Deckers Outdoor’s revenue was up 5.7% on a year-over-year basis. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS. As a group, equities analysts anticipate that Deckers Outdoor will post 7.44 EPS for the current year.

Institutional Trading of Deckers Outdoor

Institutional investors have recently made changes to their positions in the stock. Costello Asset Management INC raised its holdings in Deckers Outdoor by 14.3% during the first quarter. Costello Asset Management INC now owns 800 shares of the textile maker’s stock worth $80,000 after purchasing an additional 100 shares in the last quarter. Rakuten Securities Inc. boosted its stake in Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after purchasing an additional 100 shares in the last quarter. Hilton Head Capital Partners LLC boosted its stake in Deckers Outdoor by 29.8% during the 1st quarter. Hilton Head Capital Partners LLC now owns 440 shares of the textile maker’s stock valued at $44,000 after purchasing an additional 101 shares in the last quarter. GW Henssler & Associates Ltd. boosted its stake in Deckers Outdoor by 5.8% during the 4th quarter. GW Henssler & Associates Ltd. now owns 2,159 shares of the textile maker’s stock valued at $224,000 after purchasing an additional 118 shares in the last quarter. Finally, Cim LLC increased its position in shares of Deckers Outdoor by 1.1% during the 1st quarter. Cim LLC now owns 12,207 shares of the textile maker’s stock valued at $1,222,000 after purchasing an additional 133 shares during the period. 97.79% of the stock is owned by institutional investors and hedge funds.

Deckers Outdoor News Roundup

Here are the key news stories impacting Deckers Outdoor this week:

• Positive Sentiment: Deckers beat Q1 earnings estimates, with EPS of $0.94 versus $0.88 expected, and revenue topped $1 billion for the first time, helped by continued strength in HOKA and UGG. Business Wire earnings release
• Positive Sentiment: The company raised its full-year EPS outlook to $7.35-$7.50 and highlighted stronger direct-to-consumer performance, suggesting management still sees healthy demand and better profitability potential. MSN forecast raise article
• Neutral Sentiment: Analysts remain constructive overall, but several lowered price targets after the report, including Truist, Needham, Telsey, and Baird, reflecting a more cautious near-term valuation view rather than a major change in the long-term story. Benzinga analyst update
• Negative Sentiment: Shares are reacting to guidance and cost concerns: investors were disappointed that tariff and freight pressures are expected to weigh on margins, and the stock fell even after the earnings beat. Zacks margin pressure article
• Negative Sentiment: Recent commentary from The Wall Street Journal noted that sales growth slowed in the quarter, which reinforces concerns that growth may be moderating even as HOKA continues to perform well. WSJ sales growth article

About Deckers Outdoor

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well?known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct?to?consumer retail to serve both fashion?focused and performance?oriented customers.

Founded in 1973 by Doug Otto and Karl F.