Deckers Outdoor (NYSE:DECK) Posts Earnings Results, Beats Expectations By $0.56 EPS

Deckers Outdoor (NYSE:DECK) released its quarterly earnings results on Thursday. The textile maker reported $3.00 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 Stock Performance

Shares of NYSE:DECK traded up $4.10 during midday trading on Thursday, reaching $223.00. The company’s stock had a trading volume of 3,889,521 shares, compared to its average volume of 1,767,492. The firm has a market capitalization of $33.88 billion, a price-to-earnings ratio of 39.22, a PEG ratio of 2.98 and a beta of 1.08. The firm has a 50 day moving average price of $205.36 and a two-hundred day moving average price of $134.43. Deckers Outdoor has a fifty-two week low of $125.15 and a fifty-two week high of $223.98.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Guggenheim started coverage on shares of Deckers Outdoor in a report on Wednesday, October 9th. They issued a “neutral” rating for the company. Bank of America lifted their target price on Deckers Outdoor from $182.00 to $217.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. Telsey Advisory Group reiterated an “outperform” rating and issued a $240.00 price target on shares of Deckers Outdoor in a report on Thursday, January 23rd. Evercore ISI boosted their price objective on Deckers Outdoor from $195.00 to $235.00 and gave the stock an “outperform” rating in a report on Thursday, January 9th. Finally, Wells Fargo & Company raised their price objective on Deckers Outdoor from $170.00 to $215.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. Ten investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $183.19.

Insider Activity

In other news, insider Thomas Garcia sold 18,000 shares of Deckers Outdoor stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $175.28, for a total value of $3,155,040.00. Following the completion of the transaction, the insider now owns 63,642 shares in the company, valued at $11,155,169.76. This trade represents a 22.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the company’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $200.80, for a total transaction of $60,240.00. Following the sale, the director now owns 10,222 shares in the company, valued at $2,052,577.60. The trade was a 2.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 73,758 shares of company stock worth $13,506,861 in the last quarter. 0.40% of the stock is owned by corporate insiders.

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.