Deckers Outdoor Co. (NYSE:DECK - Get Free Report) insider Angela Ogbechie sold 1,278 shares of the firm's stock in a transaction that occurred on Thursday, October 31st. The stock was sold at an average price of $163.24, for a total transaction of $208,620.72. Following the sale, the insider now owns 29,628 shares of the company's stock, valued at $4,836,474.72. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Deckers Outdoor Trading Down 1.7 %
Deckers Outdoor stock opened at $158.12 on Friday. The stock has a market cap of $24.11 billion, a P/E ratio of 27.79, a price-to-earnings-growth ratio of 2.37 and a beta of 1.05. The company has a fifty day simple moving average of $119.00 and a 200-day simple moving average of $58.12. Deckers Outdoor Co. has a 12-month low of $98.44 and a 12-month high of $184.48.
Deckers Outdoor (NYSE:DECK - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The textile maker reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.35. Deckers Outdoor had a net margin of 18.95% and a return on equity of 41.48%. The business had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.20 billion. During the same period in the previous year, the company earned $1.14 EPS. The company's revenue for the quarter was up 20.1% on a year-over-year basis. As a group, sell-side analysts forecast that Deckers Outdoor Co. will post 5.51 earnings per share for the current fiscal year.
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DECK has been the subject of a number of recent analyst reports. Robert W. Baird raised their price target on shares of Deckers Outdoor from $180.00 to $195.00 and gave the stock an "outperform" rating in a report on Friday, October 25th. Telsey Advisory Group lifted their target price on shares of Deckers Outdoor from $183.00 to $190.00 and gave the company an "outperform" rating in a report on Friday, October 25th. Wedbush reiterated an "outperform" rating and issued a $28.61 target price on shares of Deckers Outdoor in a report on Friday, July 26th. StockNews.com downgraded shares of Deckers Outdoor from a "strong-buy" rating to a "hold" rating in a report on Wednesday, September 25th. Finally, Truist Financial lifted their target price on shares of Deckers Outdoor from $204.17 to $205.00 and gave the company a "buy" rating in a report on Tuesday, October 8th. Nine investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, Deckers Outdoor currently has a consensus rating of "Moderate Buy" and an average price target of $149.50.
View Our Latest Stock Report on DECK
Institutional Investors Weigh In On Deckers Outdoor
Institutional investors and hedge funds have recently bought and sold shares of the stock. Chevy Chase Trust Holdings LLC lifted its position in Deckers Outdoor by 285.2% in the first quarter. Chevy Chase Trust Holdings LLC now owns 17,853 shares of the textile maker's stock valued at $16,804,000 after acquiring an additional 13,218 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Deckers Outdoor by 46.2% in the first quarter. BNP Paribas Financial Markets now owns 30,263 shares of the textile maker's stock valued at $28,485,000 after purchasing an additional 9,558 shares during the period. Nordea Investment Management AB increased its stake in Deckers Outdoor by 3.9% in the first quarter. Nordea Investment Management AB now owns 1,823 shares of the textile maker's stock valued at $1,728,000 after purchasing an additional 68 shares during the period. Diversify Advisory Services LLC acquired a new position in Deckers Outdoor in the first quarter valued at $816,000. Finally, First Trust Direct Indexing L.P. increased its stake in Deckers Outdoor by 7.3% in the first quarter. First Trust Direct Indexing L.P. now owns 575 shares of the textile maker's stock valued at $541,000 after purchasing an additional 39 shares during the period. 97.79% of the stock is owned by hedge funds and other institutional investors.
Deckers Outdoor Company Profile
(
Get Free Report)
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, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.
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