Deckers Outdoor (DECK) Set to Announce Earnings on Thursday

Deckers Outdoor (NYSE:DECK) is scheduled to be releasing its earnings data after the market closes on Thursday, October 24th. Analysts expect Deckers Outdoor to post earnings of $1.22 per share for the quarter. Deckers Outdoor has set its FY25 guidance at $29.75-30.65 EPS and its FY 2025 guidance at 29.750-30.650 EPS.Investors interested in participating in the company’s conference call can do so using this link.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings data on Thursday, July 25th. The textile maker reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. Deckers Outdoor had a return on equity of 40.52% and a net margin of 18.45%. The company had revenue of $825.30 million during the quarter, compared to analysts’ expectations of $808.40 million. During the same quarter in the previous year, the business earned $0.07 earnings per share. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. On average, analysts expect Deckers Outdoor to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Deckers Outdoor Stock Down 1.1 %

NYSE DECK opened at $160.00 on Tuesday. The business’s 50-day moving average price is $94.70 and its 200 day moving average price is $49.87. The firm has a market cap of $4.07 billion, a P/E ratio of 5.46, a P/E/G ratio of 2.85 and a beta of 1.05. Deckers Outdoor has a 52-week low of $80.67 and a 52-week high of $184.48.

Analysts Set New Price Targets

DECK has been the topic of a number of recent research reports. Evercore ISI boosted their target price on Deckers Outdoor from $183.00 to $185.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. Truist Financial boosted their price objective on shares of Deckers Outdoor from $204.17 to $205.00 and gave the company a “buy” rating in a research note on Tuesday, October 8th. Barclays reduced their target price on shares of Deckers Outdoor from $1,090.00 to $180.00 and set an “overweight” rating for the company in a research note on Friday, September 20th. Telsey Advisory Group reiterated an “outperform” rating and set a $183.00 price target on shares of Deckers Outdoor in a research note on Friday. Finally, StockNews.com cut shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 25th. Eight analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, Deckers Outdoor presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.57.

Insider Buying and Selling at Deckers Outdoor

In related news, CFO Steven J. Fasching sold 9,198 shares of the business’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $166.67, for a total value of $1,533,030.66. Following the sale, the chief financial officer now directly owns 161,838 shares in the company, valued at $26,973,539.46. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director David Powers sold 140,832 shares of the business’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $23.97, for a total value of $3,376,368.96. Following the completion of the transaction, the director now directly owns 2,450,808 shares of the company’s stock, valued at $58,756,760.24. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Steven J. Fasching sold 9,198 shares of the company’s stock in a transaction on Friday, October 4th. The shares were sold at an average price of $166.67, for a total value of $1,533,030.66. Following the completion of the sale, the chief financial officer now owns 161,838 shares in the company, valued at $26,973,539.46. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.70% of the stock is 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.