Deckers Outdoor (NYSE:DECK) Releases FY 2025 Earnings Guidance

Deckers Outdoor (NYSE:DECK) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 29.500-30.000 for the period, compared to the consensus estimate of 30.270. The company issued revenue guidance of $4.7 billion-$4.7 billion, compared to the consensus revenue estimate of $4.7 billion.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on DECK shares. Stifel Nicolaus increased their price objective on shares of Deckers Outdoor from $775.00 to $825.00 and gave the company a hold rating in a report on Friday. Evercore ISI upped their target price on shares of Deckers Outdoor from $960.00 to $1,110.00 and gave the stock an outperform rating in a research report on Friday. Truist Financial lifted their price target on shares of Deckers Outdoor from $864.00 to $1,011.00 and gave the company a hold rating in a report on Friday. BTIG Research increased their price objective on shares of Deckers Outdoor from $1,020.00 to $1,120.00 and gave the company a buy rating in a report on Friday. Finally, KeyCorp raised their price objective on Deckers Outdoor from $960.00 to $1,015.00 and gave the company an overweight rating in a research report on Friday. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, Deckers Outdoor presently has a consensus rating of Moderate Buy and an average price target of $999.44.

Deckers Outdoor Price Performance

NYSE:DECK opened at $1,032.90 on Monday. The firm has a market capitalization of $26.51 billion, a price-to-earnings ratio of 35.26, a PEG ratio of 1.79 and a beta of 1.05. The business has a 50 day simple moving average of $873.78 and a 200-day simple moving average of $796.36. Deckers Outdoor has a 1 year low of $424.36 and a 1 year high of $1,036.98.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, May 23rd. The textile maker reported $4.95 earnings per share for the quarter, beating the consensus estimate of $2.82 by $2.13. The company had revenue of $959.76 million for the quarter, compared to analyst estimates of $892.00 million. Deckers Outdoor had a return on equity of 38.85% and a net margin of 17.69%. Deckers Outdoor’s quarterly revenue was up 21.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.46 EPS. As a group, analysts expect that Deckers Outdoor will post 30.39 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO David Powers sold 5,993 shares of the stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $824.11, for a total value of $4,938,891.23. Following the sale, the chief executive officer now directly owns 98,218 shares of the company’s stock, valued at approximately $80,942,435.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.