Deckers Outdoor (NYSE:DECK) Updates FY 2025 Earnings Guidance

Deckers Outdoor (NYSE:DECK) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 29.500-30.000 for the period, compared to the consensus earnings per share estimate of 30.270. The company issued revenue guidance of $4.7 billion-$4.7 billion, compared to the consensus revenue estimate of $4.7 billion.

Analysts Set New Price Targets

A number of brokerages recently commented on DECK. Wells Fargo & Company increased their price target on Deckers Outdoor from $775.00 to $1,000.00 and gave the company an equal weight rating in a report on Friday. KeyCorp increased their target price on Deckers Outdoor from $960.00 to $1,015.00 and gave the stock an overweight rating in a report on Friday. Bank of America increased their price target on Deckers Outdoor from $860.00 to $1,020.00 and gave the stock a neutral rating in a research report on Friday. Barclays decreased their price target on Deckers Outdoor from $1,110.00 to $1,026.00 and set an overweight rating for the company in a research note on Tuesday, May 21st. Finally, Telsey Advisory Group increased their price target on Deckers Outdoor from $930.00 to $985.00 and gave the company an outperform rating in a research note on Monday, May 20th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus price target of $999.44.

Deckers Outdoor Stock Up 14.2 %

Shares of NYSE DECK opened at $1,032.90 on Friday. The stock has a market capitalization of $26.51 billion, a price-to-earnings ratio of 35.26, a PEG ratio of 1.83 and a beta of 1.05. The stock’s fifty day simple moving average is $873.78 and its 200 day simple moving average is $795.18. Deckers Outdoor has a 52-week low of $424.36 and a 52-week high of $1,036.98.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, May 23rd. The textile maker reported $4.95 earnings per share for the quarter, beating analysts’ consensus estimates of $2.82 by $2.13. Deckers Outdoor had a return on equity of 39.90% and a net margin of 17.69%. The business had revenue of $959.76 million for the quarter, compared to the consensus estimate of $892.00 million. During the same quarter in the previous year, the company posted $3.46 earnings per share. Deckers Outdoor’s revenue for the quarter was up 21.2% compared to the same quarter last year. As a group, analysts anticipate that Deckers Outdoor will post 30.39 earnings per share for the current year.

Insider Activity

In other news, CEO David Powers sold 5,993 shares of Deckers Outdoor stock in a transaction on Friday, March 15th. The stock was sold at an average price of $922.85, for a total transaction of $5,530,640.05. Following the transaction, the chief executive officer now owns 98,218 shares in the company, valued at $90,640,481.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.70% of the stock is currently 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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.