Seaport Res Ptn Comments on Deckers Outdoor FY2025 Earnings

Deckers Outdoor Co. (NYSE:DECK) – Investment analysts at Seaport Res Ptn upped their FY2025 earnings per share (EPS) estimates for Deckers Outdoor in a research note issued to investors on Monday, May 19th. Seaport Res Ptn analyst M. Kummetz now forecasts that the textile maker will post earnings per share of $5.90 for the year, up from their prior estimate of $5.80. The consensus estimate for Deckers Outdoor’s current full-year earnings is $5.89 per share. Seaport Res Ptn also issued estimates for Deckers Outdoor’s FY2028 earnings at $6.97 EPS.

Several other brokerages have also recently weighed in on DECK. Telsey Advisory Group reaffirmed an “outperform” rating and set a $240.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 16th. Needham & Company LLC decreased their price target on Deckers Outdoor from $246.00 to $150.00 and set a “buy” rating on the stock in a research report on Wednesday. UBS Group lifted their price objective on Deckers Outdoor from $150.00 to $158.00 and gave the company a “buy” rating in a research report on Wednesday, May 7th. Raymond James upgraded Deckers Outdoor from an “outperform” rating to a “strong-buy” rating and decreased their target price for the stock from $235.00 to $150.00 in a report on Thursday, April 10th. Finally, Citigroup lowered their target price on Deckers Outdoor from $215.00 to $150.00 and set a “buy” rating for the company in a research note on Monday, April 28th. Nine equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $157.79.

Deckers Outdoor Stock Up 1.3%

Shares of Deckers Outdoor stock opened at $129.12 on Wednesday. Deckers Outdoor has a 12-month low of $93.72 and a 12-month high of $223.98. The stock has a market capitalization of $19.60 billion, a P/E ratio of 20.93, a price-to-earnings-growth ratio of 1.68 and a beta of 1.11. The company has a 50-day simple moving average of $114.55 and a 200 day simple moving average of $159.03.

Insider Transactions at Deckers Outdoor

In related news, Director David Powers sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $138.84, for a total transaction of $3,471,000.00. Following the transaction, the director now directly owns 241,777 shares of the company’s stock, valued at approximately $33,568,318.68. The trade was a 9.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $134.48, for a total value of $40,344.00. Following the completion of the sale, the director now owns 10,388 shares in the company, valued at approximately $1,396,978.24. This trade represents a 2.81% decrease in their position. The disclosure for this sale can be found here. 0.40% of the stock is owned by company insiders.

Hedge Funds Weigh In On Deckers Outdoor

Several large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in Deckers Outdoor by 929.0% during the third quarter. JPMorgan Chase & Co. now owns 1,296,894 shares of the textile maker’s stock worth $206,790,000 after acquiring an additional 1,170,855 shares during the last quarter. Ritholtz Wealth Management lifted its holdings in Deckers Outdoor by 10.2% during the 4th quarter. Ritholtz Wealth Management now owns 2,928 shares of the textile maker’s stock worth $595,000 after purchasing an additional 270 shares during the last quarter. Merit Financial Group LLC acquired a new stake in Deckers Outdoor during the 4th quarter worth approximately $281,000. HB Wealth Management LLC boosted its stake in Deckers Outdoor by 5.4% in the 4th quarter. HB Wealth Management LLC now owns 6,962 shares of the textile maker’s stock valued at $1,414,000 after purchasing an additional 355 shares during the period. Finally, Ameritas Advisory Services LLC acquired a new position in Deckers Outdoor in the 4th quarter valued at $294,000. 97.79% of the stock is owned by institutional investors.

Deckers Outdoor Company Profile

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.