Deckers Outdoor (NYSE:DECK – Get Free Report) posted its quarterly earnings results on Thursday. The textile maker reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.35, Briefing.com reports. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.20 billion. Deckers Outdoor had a return on equity of 40.52% and a net margin of 18.45%. The firm’s revenue for the quarter was up 20.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.14 EPS. Deckers Outdoor updated its FY25 guidance to $5.15-5.25 EPS and its FY 2025 guidance to 5.150-5.250 EPS.
Deckers Outdoor Price Performance
Deckers Outdoor stock opened at $168.11 on Friday. Deckers Outdoor has a 1-year low of $80.67 and a 1-year high of $184.48. The company’s 50-day moving average is $105.11 and its 200 day moving average is $53.38. The firm has a market capitalization of $4.28 billion, a P/E ratio of 5.74, a price-to-earnings-growth ratio of 2.85 and a beta of 1.05.
Insider Activity
In related news, CFO Steven J. Fasching sold 9,198 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $166.67, for a total transaction of $1,533,030.66. Following the completion of the sale, the chief financial officer now directly owns 161,838 shares of the company’s stock, valued at approximately $26,973,539.46. This trade 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 the SEC website. In other news, CFO Steven J. Fasching sold 9,198 shares of the company’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $166.67, for a total value of $1,533,030.66. Following the transaction, the chief financial officer now directly owns 161,838 shares in the company, valued at approximately $26,973,539.46. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director David Powers sold 140,832 shares of Deckers Outdoor stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $23.97, for a total transaction of $3,376,368.96. Following the sale, the director now owns 2,450,808 shares of the company’s stock, valued at $58,756,760.24. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.70% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on Deckers Outdoor
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, 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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