Q4 2024 EPS Estimates for Deckers Outdoor Co. Raised by Telsey Advisory Group (NYSE:DECK)

Deckers Outdoor Co. (NYSE:DECKFree Report) – Investment analysts at Telsey Advisory Group lifted their Q4 2024 earnings per share estimates for Deckers Outdoor in a report released on Monday, May 20th. Telsey Advisory Group analyst D. Telsey now anticipates that the textile maker will earn $2.92 per share for the quarter, up from their prior estimate of $2.20. Telsey Advisory Group has a “Outperform” rating and a $985.00 price target on the stock. The consensus estimate for Deckers Outdoor’s current full-year earnings is $27.09 per share. Telsey Advisory Group also issued estimates for Deckers Outdoor’s Q4 2025 earnings at $4.22 EPS.

A number of other research analysts also recently commented on the company. Barclays reduced their target price on Deckers Outdoor from $1,110.00 to $1,026.00 and set an “overweight” rating on the stock in a report on Tuesday. Wells Fargo & Company lifted their target price on Deckers Outdoor from $625.00 to $775.00 and gave the company an “equal weight” rating in a research note on Friday, February 2nd. Stifel Nicolaus increased their price target on Deckers Outdoor from $709.00 to $775.00 and gave the stock a “hold” rating in a research note on Friday, February 2nd. Raymond James lifted their price objective on shares of Deckers Outdoor from $585.00 to $845.00 and gave the company an “outperform” rating in a research note on Tuesday, January 30th. Finally, UBS Group increased their target price on shares of Deckers Outdoor from $950.00 to $1,150.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $900.31.

Check Out Our Latest Stock Analysis on DECK

Deckers Outdoor Trading Down 0.3 %

DECK stock opened at $900.14 on Wednesday. The company has a market capitalization of $23.11 billion, a P/E ratio of 32.38, a PEG ratio of 1.61 and a beta of 1.05. The firm has a 50 day simple moving average of $872.61 and a 200-day simple moving average of $789.59. Deckers Outdoor has a twelve month low of $424.36 and a twelve month high of $956.17.

Insider Transactions at Deckers Outdoor

In other news, Director Bonita C. Stewart sold 3,500 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $871.11, for a total transaction of $3,048,885.00. Following the sale, the director now owns 8,863 shares in the company, valued at $7,720,647.93. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Bonita C. Stewart sold 3,500 shares of the stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $871.11, for a total value of $3,048,885.00. Following the completion of the sale, the director now directly owns 8,863 shares of the company’s stock, valued at approximately $7,720,647.93. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO David Powers sold 5,993 shares of Deckers Outdoor stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $824.11, for a total value of $4,938,891.23. Following the transaction, the chief executive officer now directly owns 98,218 shares in the company, valued at approximately $80,942,435.98. The disclosure for this sale can be found here. Insiders have sold 15,486 shares of company stock valued at $13,518,416 over the last three months. Company insiders own 0.70% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in DECK. Morgan Stanley increased its holdings in Deckers Outdoor by 82.6% in the third quarter. Morgan Stanley now owns 1,166,394 shares of the textile maker’s stock worth $599,633,000 after buying an additional 527,546 shares during the last quarter. Vanguard Group Inc. grew its position in Deckers Outdoor by 18.9% in the first quarter. Vanguard Group Inc. now owns 2,923,154 shares of the textile maker’s stock worth $2,751,448,000 after acquiring an additional 464,020 shares in the last quarter. Norges Bank acquired a new position in shares of Deckers Outdoor during the 4th quarter worth $196,814,000. TD Asset Management Inc raised its holdings in shares of Deckers Outdoor by 191.1% during the 4th quarter. TD Asset Management Inc now owns 305,949 shares of the textile maker’s stock valued at $204,505,000 after purchasing an additional 200,850 shares in the last quarter. Finally, Artisan Partners Limited Partnership acquired a new stake in shares of Deckers Outdoor in the 3rd quarter valued at $72,727,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Company Profile

(Get Free Report)

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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.

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Earnings History and Estimates for Deckers Outdoor (NYSE:DECK)

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