Deckers Outdoor Corporation’s (DECK) Buy Rating Reaffirmed at FIG Partners

FIG Partners restated their buy rating on shares of Deckers Outdoor Corporation (NYSE:DECK) in a research note released on Monday morning.

Several other research analysts have also recently weighed in on DECK. BidaskClub cut Deckers Outdoor Corporation from a buy rating to a hold rating in a research report on Friday. UBS AG cut Deckers Outdoor Corporation to a neutral rating in a research report on Monday. Susquehanna Bancshares Inc reissued a negative rating and issued a $40.00 price objective (down previously from $57.00) on shares of Deckers Outdoor Corporation in a research report on Monday. ValuEngine raised Deckers Outdoor Corporation from a hold rating to a buy rating in a research report on Wednesday, September 6th. Finally, Zacks Investment Research cut Deckers Outdoor Corporation from a buy rating to a hold rating in a research report on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of $66.53.

Deckers Outdoor Corporation (DECK) traded up 1.83% during trading on Monday, reaching $65.83. The company’s stock had a trading volume of 146,844 shares. The stock has a market cap of $2.11 billion, a PE ratio of 94.58 and a beta of 1.33. The company’s 50-day moving average is $65.80 and its 200-day moving average is $63.98. Deckers Outdoor Corporation has a 12 month low of $44.00 and a 12 month high of $72.72.

Deckers Outdoor Corporation (NYSE:DECK) last posted its quarterly earnings data on Thursday, July 27th. The textile maker reported ($1.28) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.67) by $0.39. Deckers Outdoor Corporation had a return on equity of 14.25% and a net margin of 1.23%. The business had revenue of $209.70 million for the quarter, compared to analysts’ expectations of $178.36 million. During the same quarter in the previous year, the firm earned ($1.80) earnings per share. The business’s revenue was up 20.2% on a year-over-year basis. Equities analysts expect that Deckers Outdoor Corporation will post $4.08 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Deckers Outdoor Corporation’s (DECK) Buy Rating Reaffirmed at FIG Partners” was first published by Ticker Report and is the sole property of of Ticker Report. If you are reading this piece on another website, it was illegally stolen and reposted in violation of US & international copyright & trademark laws. The correct version of this piece can be read at https://www.tickerreport.com/banking-finance/2965983/deckers-outdoor-corporations-deck-buy-rating-reaffirmed-at-fig-partners.html.

Several hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. lifted its position in shares of Deckers Outdoor Corporation by 16,546.5% during the 1st quarter. BlackRock Inc. now owns 3,303,169 shares of the textile maker’s stock valued at $197,298,000 after buying an additional 3,283,326 shares during the last quarter. FMR LLC raised its stake in shares of Deckers Outdoor Corporation by 2.3% during the 1st quarter. FMR LLC now owns 2,770,008 shares of the textile maker’s stock valued at $165,452,000 after purchasing an additional 63,382 shares during the period. Vanguard Group Inc. raised its stake in shares of Deckers Outdoor Corporation by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 2,622,377 shares of the textile maker’s stock valued at $179,002,000 after purchasing an additional 19,287 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Deckers Outdoor Corporation by 7.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,546,161 shares of the textile maker’s stock valued at $173,801,000 after purchasing an additional 174,844 shares during the period. Finally, State Street Corp raised its stake in shares of Deckers Outdoor Corporation by 3.6% during the 2nd quarter. State Street Corp now owns 1,039,579 shares of the textile maker’s stock valued at $70,962,000 after purchasing an additional 36,356 shares during the period. 99.44% of the stock is currently owned by hedge funds and other institutional investors.

About Deckers Outdoor Corporation

Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. The Company’s segments include operations of its brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions, and Direct-to-Consumer (DTC) business, which includes E-Commerce business and retail store business.

Analyst Recommendations for Deckers Outdoor Corporation (NYSE:DECK)

Receive News & Ratings for Deckers Outdoor Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


© 2006-2017 Ticker Report. Google+.