Deckers Outdoor (DECK) Getting Somewhat Positive Media Coverage, Analysis Shows

News headlines about Deckers Outdoor (NYSE:DECK) have trended somewhat positive on Wednesday, Accern reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Deckers Outdoor earned a news sentiment score of 0.23 on Accern’s scale. Accern also assigned media stories about the textile maker an impact score of 46.6638336743134 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media stories that may have effected Accern’s scoring:

A number of equities analysts have recently issued reports on the stock. BidaskClub lowered shares of Deckers Outdoor from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Citigroup upped their target price on shares of Deckers Outdoor to $89.00 and gave the stock a “neutral” rating in a research report on Monday, January 29th. ValuEngine upgraded shares of Deckers Outdoor from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Zacks Investment Research lowered shares of Deckers Outdoor from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Finally, Pivotal Research reiterated a “buy” rating and set a $102.00 target price (up from $80.00) on shares of Deckers Outdoor in a research report on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $87.43.

Deckers Outdoor (NYSE DECK) traded up $1.18 on Wednesday, hitting $95.50. 760,193 shares of the company were exchanged, compared to its average volume of 838,096. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.16 and a current ratio of 3.25. The company has a market capitalization of $3,010.00, a P/E ratio of 20.06, a price-to-earnings-growth ratio of 1.50 and a beta of 1.32. Deckers Outdoor has a twelve month low of $51.77 and a twelve month high of $98.62.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, February 1st. The textile maker reported $4.97 earnings per share for the quarter, topping the Zacks’ consensus estimate of $3.84 by $1.13. The business had revenue of $810.50 million during the quarter, compared to the consensus estimate of $748.38 million. Deckers Outdoor had a net margin of 4.17% and a return on equity of 17.72%. Deckers Outdoor’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $4.11 earnings per share. equities analysts anticipate that Deckers Outdoor will post 5.43 earnings per share for the current fiscal year.

Deckers Outdoor announced that its Board of Directors has approved a stock buyback plan on Thursday, October 26th that permits the company to repurchase $335.00 million in shares. This repurchase authorization permits the textile maker to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

In other Deckers Outdoor news, COO David E. Lafitte sold 863 shares of the company’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $92.97, for a total value of $80,233.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Andrea O’donnell sold 2,220 shares of the company’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $93.90, for a total transaction of $208,458.00. Following the completion of the sale, the insider now directly owns 17,793 shares of the company’s stock, valued at approximately $1,670,762.70. The disclosure for this sale can be found here. Insiders sold 14,168 shares of company stock valued at $1,341,189 in the last ninety days. Insiders own 1.90% of the company’s stock.

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About Deckers Outdoor

Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. The Company’s segments include operations of its brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions, and Direct-to-Consumer (DTC) business, which includes E-Commerce business and retail store business.

Insider Buying and Selling by Quarter for Deckers Outdoor (NYSE:DECK)

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