Deckers Outdoor (NYSE:DECK) Updates FY 2025 Earnings Guidance

Deckers Outdoor (NYSE:DECK) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.150-5.250 for the period, compared to the consensus earnings per share estimate of 5.320. The company issued revenue guidance of $4.8 billion-$4.8 billion, compared to the consensus revenue estimate of $4.8 billion. Deckers Outdoor also updated its FY25 guidance to $5.15-5.25 EPS.

Deckers Outdoor Stock Performance

NYSE:DECK traded up $1.08 during trading hours on Thursday, hitting $152.04. The company’s stock had a trading volume of 3,530,273 shares, compared to its average volume of 2,239,163. The business’s 50-day moving average is $99.76 and its two-hundred day moving average is $51.48. The company has a market capitalization of $3.87 billion, a PE ratio of 5.19, a PEG ratio of 2.85 and a beta of 1.05. Deckers Outdoor has a 52-week low of $80.67 and a 52-week high of $184.48.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, July 25th. The textile maker reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. Deckers Outdoor had a return on equity of 40.52% and a net margin of 18.45%. The business had revenue of $825.30 million during the quarter, compared to analysts’ expectations of $808.40 million. During the same quarter last year, the business posted $0.07 earnings per share. The business’s revenue for the quarter was up 22.1% on a year-over-year basis. As a group, analysts predict that Deckers Outdoor will post 5.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DECK has been the subject of a number of research analyst reports. Wedbush restated an “outperform” rating and issued a $28.61 price target on shares of Deckers Outdoor in a research report on Friday, July 26th. Truist Financial raised their price target on Deckers Outdoor from $204.17 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, October 8th. Evercore ISI raised their price target on Deckers Outdoor from $183.00 to $185.00 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Seaport Res Ptn lowered Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 7th. Finally, Robert W. Baird increased their price objective on Deckers Outdoor from $29.17 to $29.86 and gave the company an “outperform” rating in a research note on Friday, July 26th. Nine investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.57.

Insider Activity

In other news, Director David Powers sold 140,832 shares of Deckers Outdoor stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $23.97, for a total value of $3,376,368.96. Following the transaction, the director now directly 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 transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, Director David Powers sold 140,832 shares of the firm’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $23.97, for a total transaction of $3,376,368.96. Following the sale, the director now directly owns 2,450,808 shares in the company, valued at approximately $58,756,760.24. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Steven J. Fasching sold 9,198 shares of the firm’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 sale, the chief financial officer now owns 161,838 shares in the company, valued at approximately $26,973,539.46. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.70% of the company’s stock.

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.