Zacks Research Predicts Higher Earnings for Deckers Outdoor

Deckers Outdoor Corporation (NYSE:DECK) – Zacks Research boosted their Q3 2027 earnings per share estimates for shares of Deckers Outdoor in a report released on Monday, August 10th. Zacks Research analyst Team now anticipates that the textile maker will earn $3.69 per share for the quarter, up from their previous estimate of $3.61. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Deckers Outdoor’s current full-year earnings is $7.49 per share. Zacks Research also issued estimates for Deckers Outdoor’s Q4 2027 earnings at $1.09 EPS, FY2027 earnings at $7.49 EPS, Q1 2028 earnings at $1.03 EPS, Q3 2028 earnings at $4.04 EPS, Q4 2028 earnings at $1.32 EPS, FY2028 earnings at $8.38 EPS and FY2029 earnings at $9.43 EPS.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, July 23rd. The textile maker reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.06. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the previous year, the firm earned $0.93 earnings per share. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. Deckers Outdoor has set its FY 2027 guidance at 7.350-7.500 EPS.

Other equities analysts have also issued reports about the company. Sanford C. Bernstein reiterated a “market perform” rating and issued a $105.00 price objective on shares of Deckers Outdoor in a research note on Friday, May 22nd. Raymond James Financial lowered Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 target price for the company. in a research note on Thursday, April 23rd. Telsey Advisory Group dropped their price objective on shares of Deckers Outdoor from $113.00 to $105.00 and set a “market perform” rating for the company in a research note on Friday, July 24th. Wells Fargo & Company reissued an “underweight” rating and issued a $85.00 price target on shares of Deckers Outdoor in a research report on Friday, July 24th. Finally, Argus set a $128.00 target price on Deckers Outdoor in a report on Friday, May 29th. Nine analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $117.16.

Deckers Outdoor Trading Down 0.1%

Shares of NYSE:DECK opened at $97.33 on Tuesday. The business has a fifty day simple moving average of $104.65 and a 200 day simple moving average of $105.77. Deckers Outdoor has a 1 year low of $78.91 and a 1 year high of $125.45. The firm has a market cap of $13.25 billion, a price-to-earnings ratio of 13.81, a P/E/G ratio of 1.81 and a beta of 1.17.

Hedge Funds Weigh In On Deckers Outdoor

A number of institutional investors and hedge funds have recently bought and sold shares of DECK. ProShare Advisors LLC raised its holdings in Deckers Outdoor by 52.5% during the fourth quarter. ProShare Advisors LLC now owns 42,017 shares of the textile maker’s stock worth $4,356,000 after acquiring an additional 14,470 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Deckers Outdoor by 5.1% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 385,983 shares of the textile maker’s stock valued at $40,015,000 after purchasing an additional 18,766 shares during the last quarter. Revolve Wealth Partners LLC acquired a new stake in shares of Deckers Outdoor during the 4th quarter worth about $247,000. New York State Teachers Retirement System lifted its position in Deckers Outdoor by 21.1% during the fourth quarter. New York State Teachers Retirement System now owns 141,272 shares of the textile maker’s stock worth $14,646,000 after acquiring an additional 24,608 shares during the last quarter. Finally, LBP AM SA lifted its holdings in Deckers Outdoor by 43.8% during the 4th quarter. LBP AM SA now owns 117,636 shares of the textile maker’s stock worth $12,195,000 after purchasing an additional 35,824 shares during the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Deckers Outdoor Company Profile

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.