Deckers Outdoor (NYSE:DECK) Updates FY25 Earnings Guidance

Deckers Outdoor (NYSE:DECK) updated its FY25 earnings guidance on Thursday. The company provided earnings per share guidance of $5.15-5.25 for the period, compared to the consensus earnings per share estimate of $5.36. The company issued revenue guidance of $4.80 billion, compared to the consensus revenue estimate of $4.83 billion. Deckers Outdoor also updated its FY 2025 guidance to 5.150-5.250 EPS.

Deckers Outdoor Trading Up 0.8 %

Deckers Outdoor stock traded up $1.16 during mid-day trading on Thursday, hitting $152.12. The stock had a trading volume of 3,585,790 shares, compared to its average volume of 2,239,181. The stock has a 50-day simple moving average of $102.28 and a two-hundred day simple moving average of $52.18. The stock has a market capitalization of $3.87 billion, a PE ratio of 5.19, a P/E/G ratio of 2.85 and a beta of 1.05. Deckers Outdoor has a 12 month low of $80.67 and a 12 month high of $184.48.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, July 25th. The textile maker reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.03. The business had revenue of $825.30 million for the quarter, compared to analysts’ expectations of $808.40 million. Deckers Outdoor had a return on equity of 40.52% and a net margin of 18.45%. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.07 earnings per share. Sell-side analysts expect that Deckers Outdoor will post 5.22 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DECK has been the topic of several recent research reports. Evercore ISI raised their price target on Deckers Outdoor from $183.00 to $185.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. TD Cowen increased their target price on Deckers Outdoor from $176.00 to $178.00 and gave the company a “buy” rating in a research note on Monday, October 14th. Wells Fargo & Company cut their target price on Deckers Outdoor from $1,000.00 to $165.00 and set an “equal weight” rating on the stock in a research note on Monday, September 23rd. Seaport Res Ptn lowered Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 7th. Finally, Wedbush reissued an “outperform” rating and issued a $28.61 target price on shares of Deckers Outdoor in a research note on Friday, July 26th. Nine research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, Deckers Outdoor presently has a consensus rating of “Moderate Buy” and an average price target of $114.57.

Insider Activity at Deckers Outdoor

In related news, Director David Powers sold 140,832 shares of Deckers Outdoor stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $23.97, for a total value of $3,376,368.96. Following the sale, the director now owns 2,450,808 shares of the company’s stock, valued at approximately $58,756,760.24. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CFO Steven J. Fasching sold 9,198 shares of Deckers Outdoor stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $166.67, for a total value of $1,533,030.66. Following the sale, the chief financial officer now owns 161,838 shares of the company’s stock, valued at approximately $26,973,539.46. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director David Powers sold 140,832 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $23.97, for a total value of $3,376,368.96. Following the completion of the transaction, the director now owns 2,450,808 shares of the company’s stock, valued at approximately $58,756,760.24. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.70% of the stock is owned by insiders.

Deckers Outdoor Company Profile

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.