Deckers Outdoor (NYSE:DECK – Get Free Report) posted its earnings results on Thursday. The textile maker reported $4.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.59 by $0.93, Briefing.com reports. The company had revenue of $825.30 million for the quarter, compared to analysts’ expectations of $808.40 million. Deckers Outdoor had a return on equity of 40.89% and a net margin of 18.45%. Deckers Outdoor’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period last year, the firm earned $2.41 earnings per share. 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 Price Performance
NYSE DECK traded up $53.20 during mid-day trading on Friday, reaching $894.70. The stock had a trading volume of 1,302,823 shares, compared to its average volume of 371,790. Deckers Outdoor has a 1 year low of $484.02 and a 1 year high of $1,106.89. The stock has a market cap of $22.73 billion, a PE ratio of 30.55, a price-to-earnings-growth ratio of 2.79 and a beta of 1.06. The company has a fifty day moving average price of $970.62 and a 200 day moving average price of $890.03.
Shares of Deckers Outdoor are scheduled to split on Tuesday, September 17th. The 6-1 split was announced on Tuesday, September 17th. The newly created shares will be payable to shareholders after the market closes on Tuesday, September 17th.
Insider Buying and Selling at Deckers Outdoor
Analysts Set New Price Targets
Several research firms recently issued reports on DECK. Wells Fargo & Company raised their target price on Deckers Outdoor from $775.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Friday, May 24th. Stifel Nicolaus lifted their price objective on Deckers Outdoor from $825.00 to $887.00 and gave the company a “hold” rating in a research report on Friday. TD Cowen lifted their price objective on Deckers Outdoor from $1,039.00 to $1,055.00 and gave the company a “buy” rating in a research report on Friday. Telsey Advisory Group reaffirmed an “outperform” rating and set a $1,100.00 price objective on shares of Deckers Outdoor in a research report on Friday. Finally, Robert W. Baird lifted their price objective on Deckers Outdoor from $1,050.00 to $1,075.00 and gave the company an “outperform” rating in a research report on Friday. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,040.13.
Check Out Our Latest Stock Analysis on Deckers Outdoor
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.
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