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

Deckers Outdoor (NYSE:DECK) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 29.750-30.650 for the period, compared to the consensus EPS estimate of 31.060. The company issued revenue guidance of $4.7 billion-$4.7 billion, compared to the consensus revenue estimate of $4.8 billion. Deckers Outdoor also updated its FY25 guidance to $29.75-30.65 EPS.

Deckers Outdoor Price Performance

Deckers Outdoor stock traded up $53.20 during mid-day trading on Friday, hitting $894.70. 1,302,823 shares of the company were exchanged, compared to its average volume of 371,790. The business’s 50 day simple moving average is $970.62 and its two-hundred day simple moving average is $890.03. The company has a market capitalization of $22.73 billion, a P/E ratio of 30.55, a PEG ratio of 2.79 and a beta of 1.06. Deckers Outdoor has a 12-month low of $484.02 and a 12-month high of $1,106.89.

Deckers Outdoor shares are set to split on Tuesday, September 17th. The 6-1 split was announced on Tuesday, September 17th. The newly created shares will be payable to shareholders after the closing bell on Tuesday, September 17th.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings data on Thursday, July 25th. The textile maker reported $4.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.59 by $0.93. Deckers Outdoor had a return on equity of 40.89% and a net margin of 18.45%. The business had revenue of $825.30 million for the quarter, compared to analysts’ expectations of $808.40 million. During the same quarter last year, the firm earned $2.41 earnings per share. The business’s revenue was up 22.1% on a year-over-year basis. Equities research analysts predict that Deckers Outdoor will post 30.81 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on DECK. TD Cowen boosted their price target on Deckers Outdoor from $1,039.00 to $1,055.00 and gave the company a buy rating in a research report on Friday. Evercore ISI lowered their price target on Deckers Outdoor from $1,110.00 to $1,100.00 and set an outperform rating for the company in a research report on Monday, July 15th. BTIG Research boosted their price target on Deckers Outdoor from $1,120.00 to $1,200.00 and gave the company a buy rating in a research report on Tuesday, June 25th. Bank of America boosted their price target on Deckers Outdoor from $860.00 to $1,020.00 and gave the company a neutral rating in a research report on Friday, May 24th. Finally, Robert W. Baird boosted their price target on Deckers Outdoor from $1,050.00 to $1,075.00 and gave the company an outperform rating in a research report on Friday. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and an average price target of $1,040.13.

Insider Buying and Selling at Deckers Outdoor

In other news, insider Angela Ogbechie sold 153 shares of the company’s stock in a transaction that occurred on Friday, May 31st. The stock was sold at an average price of $1,077.93, for a total transaction of $164,923.29. Following the completion of the transaction, the insider now directly owns 3,779 shares of the company’s stock, valued at $4,073,497.47. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Thomas Garcia sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $1,074.86, for a total transaction of $4,299,440.00. Following the completion of the transaction, the insider now directly owns 11,654 shares of the company’s stock, valued at $12,526,418.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Angela Ogbechie sold 153 shares of the company’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $1,077.93, for a total value of $164,923.29. Following the transaction, the insider now directly owns 3,779 shares of the company’s stock, valued at $4,073,497.47. The disclosure for this sale can be found here. Insiders have sold 22,108 shares of company stock worth $23,919,671 over the last quarter. 0.70% of the stock is owned by corporate insiders.

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