Deckers Outdoor (NYSE:DECK) Releases Earnings Results, Beats Estimates By $0.56 EPS

Deckers Outdoor (NYSE:DECK) released its quarterly earnings data on Thursday. The textile maker reported $3.00 EPS for the quarter, beating the consensus estimate of $2.44 by $0.56, Zacks reports. Deckers Outdoor had a return on equity of 41.48% and a net margin of 18.95%. Deckers Outdoor updated its FY 2025 guidance to 5.750-5.800 EPS.

Deckers Outdoor Price Performance

Deckers Outdoor stock traded up $4.10 during midday trading on Thursday, reaching $223.00. The company had a trading volume of 3,889,521 shares, compared to its average volume of 1,767,492. Deckers Outdoor has a 12-month low of $125.15 and a 12-month high of $223.98. The firm’s fifty day simple moving average is $205.36 and its 200-day simple moving average is $134.43. The company has a market capitalization of $33.88 billion, a P/E ratio of 39.22, a P/E/G ratio of 2.98 and a beta of 1.08.

Insiders Place Their Bets

In other news, CFO Steven J. Fasching sold 8,802 shares of the company’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $175.00, for a total value of $1,540,350.00. Following the transaction, the chief financial officer now owns 153,036 shares of the company’s stock, valued at $26,781,300. This represents a 5.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Thomas Garcia sold 18,000 shares of the business’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $175.28, for a total transaction of $3,155,040.00. Following the completion of the sale, the insider now owns 63,642 shares in the company, valued at approximately $11,155,169.76. This trade represents a 22.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 73,758 shares of company stock worth $13,506,861. Corporate insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Telsey Advisory Group restated an “outperform” rating and set a $240.00 price objective on shares of Deckers Outdoor in a research report on Thursday, January 23rd. Needham & Company LLC raised their price objective on Deckers Outdoor from $226.00 to $246.00 and gave the company a “buy” rating in a research note on Monday, January 6th. UBS Group increased their price objective on shares of Deckers Outdoor from $226.00 to $232.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Piper Sandler set a $166.00 target price on shares of Deckers Outdoor in a research note on Thursday, October 17th. Finally, Truist Financial raised their price target on Deckers Outdoor from $230.00 to $235.00 and gave the company a “buy” rating in a research note on Thursday, January 16th. Ten equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, Deckers Outdoor currently has a consensus rating of “Moderate Buy” and a consensus target price of $183.19.

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.