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

Deckers Outdoor Co. (NYSE:DECK) – 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.

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

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.