Best Outdoor Stocks To Follow Now – January 31st

Deckers Outdoor, Walmart, and ON are the three Outdoor stocks to watch today, according to MarketBeat’s stock screener tool. Outdoor stocks refer to investments in companies that operate outside of traditional indoor environments, such as companies in sectors like agriculture, natural resources, construction, and outdoor recreation. These stocks are often influenced by factors like weather conditions, seasonal trends, and global economic forces that can impact their performance. Investing in outdoor stocks carries potential risks but also opportunities for growth based on the strength of the businesses and external market conditions. These companies had the highest dollar trading volume of any Outdoor stocks within the last several days.

Deckers Outdoor (DECK)

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.

NYSE DECK traded down $37.02 on Friday, hitting $186.09. 8,850,430 shares of the company’s stock were exchanged, compared to its average volume of 2,128,238. The firm’s 50-day moving average price is $206.19 and its two-hundred day moving average price is $135.05. The firm has a market cap of $28.27 billion, a price-to-earnings ratio of 32.73, a P/E/G ratio of 2.41 and a beta of 1.08. Deckers Outdoor has a fifty-two week low of $125.15 and a fifty-two week high of $223.98.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

Shares of NYSE:WMT traded down $0.25 during trading on Friday, hitting $98.40. 4,875,701 shares of the stock were exchanged, compared to its average volume of 14,502,782. Walmart has a 12-month low of $55.04 and a 12-month high of $99.00. The company has a current ratio of 0.85, a quick ratio of 0.23 and a debt-to-equity ratio of 0.42. The company has a fifty day moving average price of $92.91 and a two-hundred day moving average price of $82.90. The company has a market cap of $790.46 billion, a PE ratio of 40.34, a P/E/G ratio of 4.46 and a beta of 0.55.

ON (ONON)

On Holding AG engages in the development and distribution of sports products such as footwear, apparel, and accessories for high-performance running, outdoor, and all-day activities. It sells its products worldwide through independent retailers and global distributors, its own online presence, and its own high-end stores.

ONON stock traded down $2.07 on Friday, reaching $61.55. The company had a trading volume of 3,242,783 shares, compared to its average volume of 3,149,197. ON has a 1 year low of $26.22 and a 1 year high of $64.05. The company’s fifty day moving average is $57.36 and its 200 day moving average is $50.21. The company has a market cap of $38.76 billion, a P/E ratio of 143.14, a PEG ratio of 1.27 and a beta of 2.30.