Deckers Outdoor (NYSE:DECK) Issues Quarterly Earnings Results, Beats Estimates By $0.56 EPS

Deckers Outdoor (NYSE:DECK) issued its quarterly earnings results on Thursday. The textile maker reported $3.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.44 by $0.56, Zacks reports. Deckers Outdoor had a return on equity of 41.48% and a net margin of 18.95%. Deckers Outdoor updated its FY 2025 guidance to 5.750-5.800 EPS.

Deckers Outdoor Trading Up 1.9 %

DECK stock traded up $4.10 during midday trading on Thursday, hitting $223.00. 3,637,322 shares of the company’s stock were exchanged, compared to its average volume of 1,744,469. The stock has a market capitalization of $33.88 billion, a price-to-earnings ratio of 39.22, a price-to-earnings-growth ratio of 2.98 and a beta of 1.08. The firm has a 50 day moving average price of $205.36 and a 200-day moving average price of $134.43. Deckers Outdoor has a 12-month low of $125.15 and a 12-month high of $223.98.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Bank of America upped their price target on shares of Deckers Outdoor from $182.00 to $217.00 and gave the stock a “neutral” rating in a research report on Thursday, January 23rd. Needham & Company LLC increased their target price on Deckers Outdoor from $226.00 to $246.00 and gave the stock a “buy” rating in a research report on Monday, January 6th. UBS Group lifted their target price on Deckers Outdoor from $226.00 to $232.00 and gave the company a “buy” rating in a report on Friday, October 25th. Guggenheim initiated coverage on Deckers Outdoor in a research note on Wednesday, October 9th. They set a “neutral” rating for the company. Finally, Citigroup boosted their target price on Deckers Outdoor from $178.00 to $215.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. Ten analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $183.19.

Insider Transactions at Deckers Outdoor

In related news, insider Thomas Garcia sold 18,000 shares of the business’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $175.28, for a total value of $3,155,040.00. Following the completion of the sale, the insider now directly owns 63,642 shares of the company’s stock, valued at $11,155,169.76. The trade was a 22.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Caroti Stefano sold 15,000 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $175.73, for a total value of $2,635,950.00. Following the transaction, the chief executive officer now directly owns 273,540 shares in the company, valued at approximately $48,069,184.20. This represents a 5.20 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 73,758 shares of company stock valued at $13,506,861. 0.40% of the stock is currently owned by corporate insiders.

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.