Deckers Outdoor’s (DECK) “Outperform” Rating Reaffirmed at Wedbush

Wedbush restated their outperform rating on shares of Deckers Outdoor (NYSE:DECK) in a research report released on Friday, Benzinga reports. Wedbush currently has a $1,030.00 price target on the textile maker’s stock. Wedbush also issued estimates for Deckers Outdoor’s Q2 2025 earnings at $6.55 EPS, Q3 2025 earnings at $15.00 EPS, Q4 2025 earnings at $4.57 EPS, FY2025 earnings at $30.64 EPS and FY2026 earnings at $35.26 EPS.

DECK has been the topic of several other research reports. Robert W. Baird increased their target price on Deckers Outdoor from $1,050.00 to $1,075.00 and gave the company an outperform rating in a research report on Friday. Stifel Nicolaus increased their target price on Deckers Outdoor from $825.00 to $887.00 and gave the company a hold rating in a research report on Friday. Barclays increased their target price on Deckers Outdoor from $1,089.00 to $1,090.00 and gave the company an overweight rating in a research report on Friday. UBS Group raised their price objective on Deckers Outdoor from $1,150.00 to $1,265.00 and gave the stock a buy rating in a research report on Friday, May 24th. Finally, Bank of America raised their price objective on Deckers Outdoor from $860.00 to $1,020.00 and gave the stock a neutral rating in a research report on Friday, May 24th. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of Moderate Buy and a consensus price target of $1,040.13.

Deckers Outdoor Stock Up 6.3 %

DECK opened at $894.90 on Friday. The stock’s fifty day moving average is $970.62 and its two-hundred day moving average is $890.03. The company has a market capitalization of $22.74 billion, a P/E ratio of 30.55, a PEG ratio of 2.79 and a beta of 1.06. Deckers Outdoor has a 52 week low of $484.02 and a 52 week high of $1,106.89.

Deckers Outdoor’s stock is going to split on Tuesday, September 17th. The 6-1 split was announced on Tuesday, September 17th. The newly issued shares will be issued to shareholders after the closing bell on Tuesday, September 17th.

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

Insiders Place Their Bets

In other Deckers Outdoor news, insider Angela Ogbechie sold 153 shares of Deckers Outdoor stock in a transaction dated 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 sale, the insider now owns 3,779 shares of the company’s stock, valued at approximately $4,073,497.47. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Deckers Outdoor news, CEO David Powers sold 10,955 shares of Deckers Outdoor stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $1,086.50, for a total transaction of $11,902,607.50. Following the completion of the transaction, the chief executive officer now owns 76,006 shares in the company, valued at approximately $82,580,519. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Angela Ogbechie sold 153 shares of Deckers Outdoor stock in a transaction dated 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 owns 3,779 shares of the company’s stock, valued at approximately $4,073,497.47. The disclosure for this sale can be found here. In the last 90 days, insiders sold 22,108 shares of company stock valued at $23,919,671. 0.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Deckers Outdoor

A number of institutional investors have recently modified their holdings of DECK. Vanguard Group Inc. raised its stake in shares of Deckers Outdoor by 18.9% during the 1st quarter. Vanguard Group Inc. now owns 2,923,154 shares of the textile maker’s stock valued at $2,751,448,000 after buying an additional 464,020 shares during the last quarter. Norges Bank purchased a new position in shares of Deckers Outdoor in the 4th quarter valued at about $196,814,000. TD Asset Management Inc increased its stake in shares of Deckers Outdoor by 191.1% in the 4th quarter. TD Asset Management Inc now owns 305,949 shares of the textile maker’s stock valued at $204,505,000 after purchasing an additional 200,850 shares in the last quarter. AMF Tjanstepension AB purchased a new position in shares of Deckers Outdoor in the 2nd quarter valued at about $154,827,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Deckers Outdoor in the 4th quarter valued at about $73,722,000. Hedge funds and other institutional investors own 97.79% 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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.