Deckers Outdoor (NYSE:DECK) Issues Earnings Results, Beats Estimates By $0.56 EPS

Deckers Outdoor (NYSE:DECK) posted its quarterly earnings results on Thursday. The textile maker reported $3.00 EPS for the quarter, topping the consensus estimate of $2.44 by $0.56, Zacks reports. Deckers Outdoor had a net margin of 18.95% and a return on equity of 41.48%. Deckers Outdoor updated its FY 2025 guidance to 5.750-5.800 EPS.

Deckers Outdoor Price Performance

Shares of DECK stock traded up $4.10 during midday trading on Thursday, reaching $223.00. 3,637,322 shares of the company traded hands, compared to its average volume of 1,744,469. The firm has a market cap of $33.88 billion, a PE ratio of 39.22, a price-to-earnings-growth ratio of 2.98 and a beta of 1.08. The firm’s 50 day simple moving average is $205.36 and its two-hundred day simple moving average is $134.43. Deckers Outdoor has a 1-year low of $125.15 and a 1-year high of $223.98.

Analyst Upgrades and Downgrades

DECK has been the subject of a number of recent analyst reports. KeyCorp lifted their price target on Deckers Outdoor from $213.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Piper Sandler set a $166.00 price objective on Deckers Outdoor in a report on Thursday, October 17th. Bank of America lifted their target price on shares of Deckers Outdoor from $182.00 to $217.00 and gave the company a “neutral” rating in a report on Thursday, January 23rd. Evercore ISI increased their price target on shares of Deckers Outdoor from $195.00 to $235.00 and gave the stock an “outperform” rating in a research note on Thursday, January 9th. Finally, Guggenheim started coverage on shares of Deckers Outdoor in a report on Wednesday, October 9th. They issued a “neutral” rating for the company. Ten investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Deckers Outdoor presently has a consensus rating of “Moderate Buy” and a consensus target price of $183.19.

Insider Activity at Deckers Outdoor

In other Deckers Outdoor news, insider Thomas Garcia sold 18,000 shares of the firm’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $175.28, for a total transaction of $3,155,040.00. Following the completion of the transaction, the insider now directly owns 63,642 shares in the company, valued at approximately $11,155,169.76. This trade represents a 22.05 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Caroti Stefano sold 15,000 shares of Deckers Outdoor stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $175.73, for a total transaction of $2,635,950.00. Following the transaction, the chief executive officer now owns 273,540 shares of the company’s stock, valued at approximately $48,069,184.20. The trade was a 5.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 73,758 shares of company stock valued at $13,506,861 in the last ninety days. Corporate insiders own 0.40% of the company’s stock.

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