Deckers Outdoor (NYSE:DECK) Updates FY25 Earnings Guidance

Deckers Outdoor (NYSE:DECK) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $5.15-5.25 for the period, compared to the consensus EPS 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.

Deckers Outdoor Price Performance

Shares of DECK traded up $16.07 during trading hours on Friday, hitting $168.11. The stock had a trading volume of 8,426,623 shares, compared to its average volume of 2,269,710. The firm has a 50 day simple moving average of $105.11 and a 200-day simple moving average of $53.18. Deckers Outdoor has a 1-year low of $80.67 and a 1-year high of $184.48. The firm has a market capitalization of $4.28 billion, a P/E ratio of 5.74, a price-to-earnings-growth ratio of 2.85 and a beta of 1.05.

Deckers Outdoor (NYSE:DECK) last issued its earnings results on Thursday, October 24th. The textile maker reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.35. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.20 billion. Deckers Outdoor had a return on equity of 40.52% and a net margin of 18.45%. Deckers Outdoor’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.14 earnings per share. Equities analysts predict that Deckers Outdoor will post 5.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DECK. Barclays raised their price target on shares of Deckers Outdoor from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Friday. TD Cowen lifted their target price on Deckers Outdoor from $178.00 to $185.00 and gave the company a “buy” rating in a research report on Friday. UBS Group increased their price target on Deckers Outdoor from $226.00 to $232.00 and gave the company a “buy” rating in a research report on Friday. StockNews.com downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 25th. Finally, Seaport Res Ptn downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Monday, October 7th. Nine analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, Deckers Outdoor presently has a consensus rating of “Moderate Buy” and an average target price of $149.50.

Insiders Place Their Bets

In related news, Director David Powers sold 140,832 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director David Powers sold 140,832 shares of Deckers Outdoor stock in a transaction on 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. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Steven J. Fasching sold 9,198 shares of the company’s stock in a transaction dated 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 transaction, the chief financial officer now owns 161,838 shares in the company, valued at $26,973,539.46. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.70% of the stock is owned by corporate 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.