In the latest trading session,, 0.61 million Deckers Outdoor Corp (NYSE:DECK) shares changed hands as the company’s beta touched 1.11. With the company’s most recent per share price at $109.61 changing hands around $0.42 or 0.38% at last look, the market valuation stands at $16.64B. DECK’s current price is a discount, trading about -104.34% off its 52-week high of $223.98. The share price had its 52-week low at $93.72, which suggests the last value was 14.5% up since then. When we look at Deckers Outdoor Corp’s average trading volume, we note the 10-day average is 2.27 million shares, with the 3-month average coming to 3.60 million.
Analysts gave the Deckers Outdoor Corp (DECK) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.88. If we narrow down to specifics, the data shows that 0 out of 15 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended DECK as a Hold, 13 felt it is a Buy and 0 rated the stock as Underweight. Deckers Outdoor Corp’s EPS for the current quarter is expected to be 0.58.
Deckers Outdoor Corp (NYSE:DECK) trade information
Instantly DECK is in green as seen in intraday trades today. With action 5.85%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -46.03%, with the 5-day performance at 5.85% in the green. However, in the 30-day time frame, Deckers Outdoor Corp (NYSE:DECK) is -6.28% down. Looking at the short shares, we see there were 7.45 million shares sold at short interest cover period of 2.04 days.
The consensus price target for the stock as assigned by Wall Street analysts is 246.5, meaning bulls need an upside of 55.53% from its recent market value. According to analyst projections, DECK’s forecast low is 226 with 267 as the target high. To hit the forecast high, the stock’s price needs a -143.59% plunge from its current level, while the stock would need to soar -106.19% for it to hit the projected low.
Deckers Outdoor Corp (DECK) estimates and forecasts
Year-over-year growth is forecast to reach 15.89% up from the last financial year.
Consensus estimates given by 19 financial analysts project the company’s revenue in the current quarter to hit an average of 1B. 13 analysts are of the opinion that Deckers Outdoor Corp’s revenue for the current quarter will be 935.09M. The company’s revenue for the corresponding quarters a year ago was 959.76M and 825.35M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 4.48%. The estimates for the next quarter sales put growth at 13.30%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 26.96%. The 2025 estimates are for Deckers Outdoor Corp earnings to increase by 21.76%, but the outlook for the next 5-year period is at 14.28% per year.
DECK Dividends
Deckers Outdoor Corp is expected to release its next quarterly earnings report on 2025-Jan-29.
Deckers Outdoor Corp (NYSE:DECK)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.40% of Deckers Outdoor Corp shares while 96.83% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 97.22%. There are 96.83% institutions holding the Deckers Outdoor Corp stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 14.9791% of the shares, roughly 3.82 million DECK shares worth $3.69 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 11.3069% or 2.88 million shares worth $2.79 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund . With 4.76 shares estimated at $519.34 million under it, the former controlled 3.13% of total outstanding shares. On the other hand, Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund held about 3.02% of the shares, roughly 4.58 shares worth around $500.13 million.
