Deckers Outdoor (NYSE:DECK) Issues Earnings Results, Beats Estimates By $0.15 EPS

Deckers Outdoor (NYSE:DECK) announced its quarterly earnings data on Thursday. The textile maker reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.15, FiscalAI reports. Deckers Outdoor had a net margin of 19.46% and a return on equity of 41.60%. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. Deckers Outdoor updated its FY 2027 guidance to 7.300-7.450 EPS.

Deckers Outdoor Trading Up 4.5%

NYSE:DECK traded up $4.46 during trading hours on Thursday, reaching $102.70. The company had a trading volume of 3,952,110 shares, compared to its average volume of 2,337,833. Deckers Outdoor has a 52 week low of $78.91 and a 52 week high of $127.00. The firm has a market cap of $14.58 billion, a price-to-earnings ratio of 14.51, a PEG ratio of 2.03 and a beta of 1.14. The firm’s 50 day moving average price is $102.17 and its 200-day moving average price is $101.46.

Analyst Ratings Changes

DECK has been the subject of a number of research analyst reports. UBS Group reaffirmed a “buy” rating and issued a $145.00 target price (down from $161.00) on shares of Deckers Outdoor in a research report on Thursday, May 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Deckers Outdoor in a research report on Monday, April 20th. Stifel Nicolaus lifted their target price on shares of Deckers Outdoor from $117.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Evercore set a $108.00 target price on shares of Deckers Outdoor in a research report on Friday, January 30th. Finally, Barclays reaffirmed an “overweight” rating and issued a $143.00 target price (up from $113.00) on shares of Deckers Outdoor in a research report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $122.42.

Institutional Investors Weigh In On Deckers Outdoor

A number of hedge funds have recently modified their holdings of DECK. Revolve Wealth Partners LLC bought a new stake in shares of Deckers Outdoor during the 4th quarter valued at $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Deckers Outdoor by 3.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,614 shares of the textile maker’s stock valued at $1,858,000 after acquiring an additional 522 shares during the period. Empowered Funds LLC grew its position in shares of Deckers Outdoor by 165.6% during the 1st quarter. Empowered Funds LLC now owns 10,239 shares of the textile maker’s stock valued at $1,145,000 after acquiring an additional 6,384 shares during the period. Focus Partners Wealth grew its position in shares of Deckers Outdoor by 8.1% during the 1st quarter. Focus Partners Wealth now owns 6,914 shares of the textile maker’s stock valued at $773,000 after acquiring an additional 521 shares during the period. Finally, Marshall Wace LLP grew its position in shares of Deckers Outdoor by 163.2% during the 2nd quarter. Marshall Wace LLP now owns 10,306 shares of the textile maker’s stock valued at $1,062,000 after acquiring an additional 6,391 shares during the period. Institutional investors own 97.79% of the company’s stock.

About Deckers Outdoor

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.