Deckers Outdoor (DECK) – Research Analysts’ Weekly Ratings Changes

Posted by Trevor Kearing on Jan 23rd, 2025

Several brokerages have updated their recommendations and price targets on shares of Deckers Outdoor (NYSE: DECK) in the last few weeks:

1/16/2025 – Deckers Outdoor had its price target raised by analysts at Truist Financial Co. from $230.00 to $235.00. They now have a “buy” rating on the stock.
1/10/2025 – Deckers Outdoor had its price target raised by analysts at Wells Fargo & Company from $170.00 to $215.00. They now have an “equal weight” rating on the stock.
1/9/2025 – Deckers Outdoor had its price target raised by analysts at Evercore ISI from $195.00 to $235.00. They now have an “outperform” rating on the stock.
1/6/2025 – Deckers Outdoor had its price target raised by analysts at Needham & Company LLC from $226.00 to $246.00. They now have a “buy” rating on the stock.
12/6/2024 – Deckers Outdoor had its price target raised by analysts at KeyCorp from $190.00 to $213.00. They now have an “overweight” rating on the stock.
12/6/2024 – Deckers Outdoor had its price target raised by analysts at Robert W. Baird from $195.00 to $225.00. They now have an “outperform” rating on the stock.
12/5/2024 – Deckers Outdoor had its price target raised by analysts at Needham & Company LLC from $218.00 to $226.00. They now have a “buy” rating on the stock.
12/3/2024 – Deckers Outdoor had its price target raised by analysts at Truist Financial Co. from $205.00 to $230.00. They now have a “buy” rating on the stock.

Deckers Outdoor Stock Up 0.4 %

NYSE DECK opened at $215.04 on Thursday. The company has a market cap of $32.67 billion, a PE ratio of 37.81, a price-to-earnings-growth ratio of 2.96 and a beta of 1.08. The firm’s 50-day simple moving average is $201.33 and its two-hundred day simple moving average is $127.75. Deckers Outdoor Co. has a 52 week low of $123.33 and a 52 week high of $218.39.

Deckers Outdoor (NYSE:DECK – Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The textile maker reported $1.59 EPS for the quarter, topping the consensus estimate of $1.24 by $0.35. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.20 billion. Deckers Outdoor had a net margin of 18.95% and a return on equity of 41.48%. Deckers Outdoor’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same period last year, the firm earned $1.14 EPS. As a group, equities research analysts anticipate that Deckers Outdoor Co. will post 5.56 EPS for the current year.

Insider Transactions at Deckers Outdoor

In other Deckers Outdoor news, CEO Caroti Stefano sold 14,274 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $208.34, for a total value of $2,973,845.16. Following the completion of the transaction, the chief executive officer now directly owns 259,266 shares of the company’s stock, valued at $54,015,478.44. This trade represents a 5.22 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of $200.80, for a total transaction of $60,240.00. Following the completion of the transaction, the director now directly owns 10,222 shares in the company, valued at approximately $2,052,577.60. The trade was a 2.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 75,036 shares of company stock valued at $13,715,482 over the last three months. Company insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Solstein Capital LLC boosted its holdings in shares of Deckers Outdoor by 500.0% in the 3rd quarter. Solstein Capital LLC now owns 162 shares of the textile maker’s stock worth $26,000 after purchasing an additional 135 shares in the last quarter. Bell Investment Advisors Inc boosted its stake in Deckers Outdoor by 521.4% in the third quarter. Bell Investment Advisors Inc now owns 174 shares of the textile maker’s stock worth $28,000 after buying an additional 146 shares in the last quarter. Global Trust Asset Management LLC purchased a new stake in Deckers Outdoor in the fourth quarter worth approximately $31,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its position in Deckers Outdoor by 2,000.0% during the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 210 shares of the textile maker’s stock valued at $32,000 after acquiring an additional 200 shares during the last quarter. Finally, Rakuten Securities Inc. raised its stake in shares of Deckers Outdoor by 397.7% during the third quarter. Rakuten Securities Inc. now owns 219 shares of the textile maker’s stock worth $35,000 after acquiring an additional 175 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

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.