Deckers Outdoor (NYSE:DECK) Releases FY25 Earnings Guidance

Deckers Outdoor (NYSE:DECKGet Free Report) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of $29.50-30.00 for the period, compared to the consensus earnings per share estimate of $30.47. The company issued revenue guidance of $4.70 billion, compared to the consensus revenue estimate of $4.71 billion.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on DECK. Stifel Nicolaus upped their price target on shares of Deckers Outdoor from $709.00 to $775.00 and gave the stock a hold rating in a research note on Friday, February 2nd. Raymond James increased their target price on shares of Deckers Outdoor from $585.00 to $845.00 and gave the stock an outperform rating in a report on Tuesday, January 30th. UBS Group upped their price objective on Deckers Outdoor from $950.00 to $1,150.00 and gave the stock a buy rating in a research note on Friday, February 2nd. Truist Financial reissued a hold rating and issued a $864.00 price target (down from $983.00) on shares of Deckers Outdoor in a report on Wednesday, April 10th. Finally, Evercore ISI began coverage on shares of Deckers Outdoor in a report on Thursday, February 15th. They set an outperform rating and a $960.00 price objective for the company. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of Moderate Buy and a consensus target price of $900.31.

Read Our Latest Research Report on Deckers Outdoor

Deckers Outdoor Stock Performance

DECK stock traded up $11.71 during midday trading on Thursday, reaching $904.65. The company’s stock had a trading volume of 621,096 shares, compared to its average volume of 404,536. The stock has a fifty day simple moving average of $871.93 and a two-hundred day simple moving average of $790.32. The firm has a market capitalization of $23.22 billion, a price-to-earnings ratio of 32.50, a PEG ratio of 1.60 and a beta of 1.05. Deckers Outdoor has a 1 year low of $424.36 and a 1 year high of $956.17.

Insider Activity

In related news, CEO David Powers sold 5,993 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $824.11, for a total value of $4,938,891.23. Following the transaction, the chief executive officer now owns 98,218 shares of the company’s stock, valued at $80,942,435.98. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.70% of the company’s stock.

Deckers Outdoor Company Profile

(Get Free Report)

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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Earnings History and Estimates for Deckers Outdoor (NYSE:DECK)

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