Deckers Outdoor (NYSE:DECK) Updates FY25 Earnings Guidance

Deckers Outdoor (NYSE:DECK) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of $29.75-30.65 for the period, compared to the consensus earnings per share estimate of $31.12. The company issued revenue guidance of $4.7 billion, compared to the consensus revenue estimate of $4.80 billion. Deckers Outdoor also updated its FY 2025 guidance to 29.750-30.650 EPS.

Wall Street Analyst Weigh In

Several brokerages have recently commented on DECK. Robert W. Baird boosted their price target on Deckers Outdoor from $1,050.00 to $1,075.00 and gave the stock an outperform rating in a research note on Friday. Bank of America boosted their price target on Deckers Outdoor from $860.00 to $1,020.00 and gave the stock a neutral rating in a research note on Friday, May 24th. Truist Financial boosted their price target on Deckers Outdoor from $1,200.00 to $1,225.00 and gave the stock a buy rating in a research note on Friday. BTIG Research boosted their price target on Deckers Outdoor from $1,120.00 to $1,200.00 and gave the stock a buy rating in a research note on Tuesday, June 25th. Finally, KeyCorp upped their target price on Deckers Outdoor from $960.00 to $1,015.00 and gave the company an overweight rating in a research note on Friday, May 24th. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, Deckers Outdoor has a consensus rating of Moderate Buy and an average price target of $1,040.13.

Deckers Outdoor Price Performance

DECK traded up $53.20 during trading on Friday, hitting $894.70. The company’s stock had a trading volume of 1,302,823 shares, compared to its average volume of 371,790. The firm’s 50 day moving average price is $970.62 and its 200-day moving average price is $891.38. The stock has a market cap of $22.76 billion, a PE ratio of 30.55, a PEG ratio of 2.97 and a beta of 1.06. Deckers Outdoor has a twelve month low of $484.02 and a twelve month high of $1,106.89.

Deckers Outdoor shares are going to split on Tuesday, September 17th. The 6-1 split was announced on Tuesday, September 17th. The newly created shares will be distributed to shareholders after the market closes on Tuesday, September 17th.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, July 25th. The textile maker reported $4.52 earnings per share for the quarter, beating the consensus estimate of $3.59 by $0.93. The company had revenue of $825.30 million during 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 revenue was up 22.1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.41 EPS. Equities analysts anticipate that Deckers Outdoor will post 31.23 earnings per share for the current year.

Insider Buying and Selling at Deckers Outdoor

In other news, insider Thomas Garcia sold 4,000 shares of the company’s stock in a transaction 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 sale, the insider now directly owns 11,654 shares in the company, valued at approximately $12,526,418.44. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, insider Thomas Garcia sold 4,000 shares of the company’s stock in a transaction 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 sale, the insider now directly owns 11,654 shares in the company, valued at approximately $12,526,418.44. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO David Powers sold 10,955 shares of the company’s stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $1,086.50, for a total value of $11,902,607.50. Following the sale, the chief executive officer now owns 76,006 shares of the company’s stock, valued at $82,580,519. The disclosure for this sale can be found here. In the last three months, insiders sold 22,108 shares of company stock worth $23,919,671. Insiders own 0.70% 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.