Deckers Outdoor Corporation (NYSE:DECK) has seen 392,577 shares traded in the last trading session. The company, currently valued at $4.1 Billion, closed the last trade at $146.4 per share which meant it gained $8.9 on the day or 0.0653 during that session. The DECK stock price is -38.79% off its 52-week high price of $203.19 and 46.24% above the 52-week low of $78.7. If we look at the company’s 10-day average daily trading volume, we find that it stood at 392.58 Million shares traded. The 3-month trading volume is 562.96 Million shares.
The consensus among analysts is that Deckers Outdoor Corporation (DECK) is a Buy stock at the moment, with a recommendation rating of 1.5. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 1 out of 11 have rated it as a Hold, with 9 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.21.
Deckers Outdoor Corporation (NYSE:DECK) trade information
Sporting 6.53% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Apr 27 when the DECK stock price touched $147.31 or saw a rise of 0.62%. Year-to-date, Deckers Outdoor Corporation shares have moved -0.133, while the 5-day performance has seen it change 0.0408. Over the past 30 days, the shares of Deckers Outdoor Corporation (NYSE:DECK) have changed 0.1. Short interest in the company has seen 1.66 Million shares shorted with days to cover at 0.
Deckers Outdoor Corporation (DECK) estimates and forecasts
Figures show that Deckers Outdoor Corporation shares have outperformed across the wider relevant industry. The company’s shares have lost -6.17% over the past 6 months, with this year growth rate of 4.64, compared to -20 for the industry. Other than that, the company has, however, lowered its growth outlook for the 2019 fiscal year revenue. Growth estimates for the current quarter are -75.3% and -138.8% for the next quarter. Revenue growth from the last financial year stood is estimated to be +5.5%.
10 analysts offering their estimates for the company have set an average revenue estimate of $372.83 Million for the current quarter. 8 have an estimated revenue figure of $214.61 Million for the next quarter concluding in 43983. Year-ago sales stood at $394.13 Million and $259.71 Million respectively for this quarter and the next, and analysts expect sales will grow by -5.4% for the current quarter and -17.4% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +16.9% over the past 5 years. Earnings growth for 2019 is a modest +55.3% while over the next 5 years, the company’s earnings are expected to increase by 16.3%.
Deckers Outdoor Corporation (NYSE:DECK)’s Major holders
Insiders own 1.09% of the company shares, while shares held by institutions stand at 105.47% with a share float percentage of 106.63%. Investors are also buoyed by the number of investors in a company, with Deckers Outdoor Corporation having a total of 493 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 3.28 Million shares worth more than $553.13 Million. As of 43829, Blackrock Inc. held 11.7% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 2.87 Million shares as of 43829. The firm’s total holdings are worth over $484.95 Million and represent 10.26% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Midcap ETF and Vanguard Total Stock Market Index Fund. As of 43860, the former fund manager holds about 2.92% shares in the company for having 816174 shares of worth $155.82 Million while later fund manager owns 789.6 Thousand shares of worth $133.33 Million as of 43829, which makes it owner of about 2.82% of company’s outstanding stock.