Deckers Outdoor (NYSE:DECK) Price Target Lowered to $107.00 at Jefferies Financial Group

Deckers Outdoor (NYSE:DECK) had its price target cut by Jefferies Financial Group from $114.00 to $107.00 in a report published on Thursday, MarketBeat.com reports. They currently have a hold rating on the textile maker’s stock.

A number of other equities analysts have also recently commented on the company. Barclays boosted their price target on Deckers Outdoor from $134.00 to $141.00 and gave the stock an “overweight” rating in a report on Friday, September 12th. KeyCorp raised Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Wells Fargo & Company upped their target price on Deckers Outdoor from $90.00 to $100.00 and gave the stock an “equal weight” rating in a report on Friday, July 25th. Sanford C. Bernstein initiated coverage on Deckers Outdoor in a report on Thursday, September 18th. They issued an “underperform” rating and a $100.00 target price for the company. Finally, Zacks Research raised Deckers Outdoor from a “hold” rating to a “strong-buy” rating in a report on Friday, October 10th. Three investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Deckers Outdoor currently has an average rating of “Moderate Buy” and a consensus target price of $128.21.

Deckers Outdoor Stock Performance

Deckers Outdoor stock opened at $102.79 on Thursday. Deckers Outdoor has a 52 week low of $93.72 and a 52 week high of $223.98. The stock has a market capitalization of $15.25 billion, a P/E ratio of 15.77, a price-to-earnings-growth ratio of 3.86 and a beta of 1.05. The stock has a fifty day moving average of $108.96 and a 200-day moving average of $108.65.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.24. Deckers Outdoor had a return on equity of 40.49% and a net margin of 19.42%.The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the previous year, the firm earned $1.59 EPS. Deckers Outdoor’s revenue was up 9.1% on a year-over-year basis. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. On average, research analysts forecast that Deckers Outdoor will post 5.89 earnings per share for the current year.

Insider Buying and Selling at Deckers Outdoor

In related news, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $118.02, for a total transaction of $35,406.00. Following the sale, the director owned 10,979 shares in the company, valued at $1,295,741.58. This represents a 2.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Deckers Outdoor

Several institutional investors have recently added to or reduced their stakes in the business. Marks Group Wealth Management Inc lifted its stake in Deckers Outdoor by 15.4% in the first quarter. Marks Group Wealth Management Inc now owns 62,902 shares of the textile maker’s stock valued at $7,033,000 after buying an additional 8,410 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in Deckers Outdoor by 17.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 17,864 shares of the textile maker’s stock valued at $1,997,000 after buying an additional 2,706 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Deckers Outdoor by 3.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,040,244 shares of the textile maker’s stock valued at $116,310,000 after buying an additional 39,211 shares during the period. Principal Financial Group Inc. lifted its stake in Deckers Outdoor by 17.7% in the first quarter. Principal Financial Group Inc. now owns 587,747 shares of the textile maker’s stock valued at $65,716,000 after buying an additional 88,179 shares during the period. Finally, Jump Financial LLC lifted its stake in Deckers Outdoor by 5,481.7% in the first quarter. Jump Financial LLC now owns 156,568 shares of the textile maker’s stock valued at $17,506,000 after buying an additional 153,763 shares during the period. 97.79% of the stock is owned by institutional investors and hedge funds.

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.