Deckers Outdoor (NYSE:DECK – Get Free Report) posted its earnings results on Thursday. The textile maker reported $4.52 earnings per share for the quarter, topping the consensus estimate of $3.59 by $0.93, Briefing.com reports. Deckers Outdoor had a return on equity of 40.89% and a net margin of 18.45%. The firm had revenue of $825.30 million during the quarter, compared to analyst estimates of $808.40 million. During the same period in the previous year, the company earned $2.41 EPS. The company’s revenue for the quarter was up 22.1% on a year-over-year basis. Deckers Outdoor updated its FY25 guidance to $29.75-30.65 EPS and its FY 2025 guidance to 29.750-30.650 EPS.
Deckers Outdoor Stock Performance
Shares of NYSE DECK traded up $53.20 during midday trading on Friday, reaching $894.70. 1,302,823 shares of the company traded hands, compared to its average volume of 371,790. The stock’s 50-day simple moving average is $970.62 and its 200-day simple moving average is $890.03. Deckers Outdoor has a 12 month low of $484.02 and a 12 month high of $1,106.89. The firm has a market cap of $22.73 billion, a PE ratio of 30.55, a PEG ratio of 2.79 and a beta of 1.06.
Deckers Outdoor shares are going to split on the morning of Tuesday, September 17th. The 6-1 split was announced on Tuesday, September 17th. The newly minted shares will be issued to shareholders after the market closes on Tuesday, September 17th.
Insider Activity at Deckers Outdoor
Wall Street Analyst Weigh In
DECK has been the topic of a number of research analyst reports. Wedbush reiterated an “outperform” rating and issued a $1,030.00 target price on shares of Deckers Outdoor in a research note on Friday. TD Cowen lifted their price objective on Deckers Outdoor from $1,039.00 to $1,055.00 and gave the stock a “buy” rating in a research note on Friday. Citigroup increased their target price on Deckers Outdoor from $835.00 to $920.00 and gave the company a “neutral” rating in a research note on Wednesday, May 15th. KeyCorp raised their price objective on shares of Deckers Outdoor from $960.00 to $1,015.00 and gave the stock an “overweight” rating in a research note on Friday, May 24th. Finally, Barclays increased their price target on shares of Deckers Outdoor from $1,089.00 to $1,090.00 and gave the company an “overweight” rating in a report on Friday. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,040.13.
Get Our Latest Stock Analysis on Deckers Outdoor
Deckers Outdoor Company Profile
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.
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