Deckers Outdoor (NYSE:DECK) Releases FY25 Earnings Guidance

Deckers Outdoor (NYSE:DECK) updated its FY25 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $5.15-5.25 for the period, compared to the consensus estimate of $5.36. The company issued revenue guidance of $4.80 billion, compared to the consensus revenue estimate of $4.83 billion. Deckers Outdoor also updated its FY 2025 guidance to 5.150-5.250 EPS.

Analysts Set New Price Targets

Several equities research analysts recently commented on DECK shares. Stifel Nicolaus dropped their price objective on shares of Deckers Outdoor from $887.00 to $147.83 and set a “hold” rating on the stock in a research note on Tuesday, September 17th. Evercore ISI upped their price target on Deckers Outdoor from $183.00 to $185.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. UBS Group raised their price objective on Deckers Outdoor from $225.00 to $226.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. Barclays dropped their target price on Deckers Outdoor from $1,090.00 to $180.00 and set an “overweight” rating on the stock in a report on Friday, September 20th. Finally, BTIG Research downgraded Deckers Outdoor from a “buy” rating to a “neutral” rating in a report on Tuesday. Nine research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $114.57.

Deckers Outdoor Trading Up 0.7 %

NYSE:DECK traded up $1.08 during trading hours on Thursday, reaching $152.04. The company had a trading volume of 3,240,984 shares, compared to its average volume of 2,237,758. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of 5.19, a PEG ratio of 2.85 and a beta of 1.05. Deckers Outdoor has a 52 week low of $80.67 and a 52 week high of $184.48. The firm’s 50 day moving average price is $99.76 and its 200-day moving average price is $51.48.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, July 25th. The textile maker reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. Deckers Outdoor had a return on equity of 40.52% and a net margin of 18.45%. The business had revenue of $825.30 million during the quarter, compared to the consensus estimate of $808.40 million. During the same period in the previous year, the company posted $0.07 EPS. The business’s quarterly revenue was up 22.1% compared to the same quarter last year. On average, analysts forecast that Deckers Outdoor will post 5.22 earnings per share for the current fiscal year.

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, Director David Powers sold 140,832 shares of the business’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $23.97, for a total transaction of $3,376,368.96. Following the completion of the sale, the director now owns 2,450,808 shares of the company’s stock, valued at approximately $58,756,760.24. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director David Powers sold 140,832 shares of the firm’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $23.97, for a total transaction of $3,376,368.96. Following the sale, the director now directly owns 2,450,808 shares in the company, valued at $58,756,760.24. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Steven J. Fasching sold 9,198 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of $166.67, for a total value of $1,533,030.66. Following the completion of the sale, the chief financial officer now owns 161,838 shares of the company’s stock, valued at $26,973,539.46. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.70% of the stock is currently owned by company insiders.

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, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.