Deckers Outdoor (NYSE:DECK – Get 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
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
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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