Deckers Outdoor (NYSE:DECK) Price Target Raised to $200.00 at Jefferies Financial Group

Deckers Outdoor (NYSE:DECK) had its target price raised by Jefferies Financial Group from $180.00 to $200.00 in a research note published on Tuesday morning,Benzinga reports. The firm currently has a hold rating on the textile maker’s stock.

A number of other equities analysts have also issued reports on the company. Truist Financial raised their target price on Deckers Outdoor from $230.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, January 16th. Evercore ISI raised their target price on Deckers Outdoor from $195.00 to $235.00 and gave the stock an “outperform” rating in a research note on Thursday, January 9th. Seaport Res Ptn lowered Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 7th. Citigroup raised their target price on Deckers Outdoor from $178.00 to $215.00 and gave the stock a “neutral” rating in a research note on Thursday, January 23rd. Finally, BTIG Research lowered Deckers Outdoor from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 22nd. Ten equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, Deckers Outdoor presently has a consensus rating of “Moderate Buy” and an average target price of $192.58.

Deckers Outdoor Trading Up 1.9 %

Shares of DECK opened at $223.00 on Tuesday. Deckers Outdoor has a 12 month low of $125.15 and a 12 month high of $223.98. The stock has a fifty day moving average price of $206.19 and a 200-day moving average price of $135.05. The firm has a market cap of $33.88 billion, a PE ratio of 39.22, a P/E/G ratio of 2.98 and a beta of 1.08.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, February 6th. The textile maker reported $3.00 EPS for the quarter, beating the consensus estimate of $2.44 by $0.56. Deckers Outdoor had a return on equity of 41.48% and a net margin of 18.95%. As a group, research analysts forecast that Deckers Outdoor will post 5.56 EPS for the current year.

Insider Activity

In other news, CEO Caroti Stefano sold 14,274 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $208.34, for a total transaction of $2,973,845.16. Following the sale, the chief executive officer now directly owns 259,266 shares in the company, valued at $54,015,478.44. This trade represents a 5.22 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of the firm’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $200.80, for a total value of $60,240.00. Following the sale, the director now owns 10,222 shares in the company, valued at $2,052,577.60. This trade represents a 2.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 73,758 shares of company stock worth $13,506,861 in the last ninety days. Company insiders own 0.40% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Solstein Capital LLC lifted its stake in Deckers Outdoor by 500.0% in the 3rd quarter. Solstein Capital LLC now owns 162 shares of the textile maker’s stock worth $26,000 after purchasing an additional 135 shares in the last quarter. Bell Investment Advisors Inc lifted its stake in Deckers Outdoor by 521.4% in the 3rd quarter. Bell Investment Advisors Inc now owns 174 shares of the textile maker’s stock worth $28,000 after purchasing an additional 146 shares in the last quarter. Global Trust Asset Management LLC purchased a new position in Deckers Outdoor in the 4th quarter worth approximately $31,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its stake in Deckers Outdoor by 2,000.0% in the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 210 shares of the textile maker’s stock worth $32,000 after purchasing an additional 200 shares in the last quarter. Finally, Rakuten Securities Inc. lifted its stake in Deckers Outdoor by 397.7% in the 3rd quarter. Rakuten Securities Inc. now owns 219 shares of the textile maker’s stock worth $35,000 after purchasing an additional 175 shares in the last quarter. 97.79% of the stock is owned by hedge funds and other institutional investors.

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.