Growth Story Still Intact For Deckers Outdoor Corp (DECK)

Deckers Outdoor Corp (DECK) concluded trading on Thursday at a closing price of $223.11, with 4.06 million shares of worth about $905.56 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 46.91% during that period and on January 30, 2025 the price saw a gain of about 1.92%. Currently the company’s common shares owned by public are about 152.01M shares, out of which, 150.79M shares are available for trading.

Stock saw a price change of 2.08% in past 5 days and over the past one month there was a price change of 7.73%. Year-to-date (YTD), DECK shares are showing a performance of 9.86% which increased to 72.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $125.15 but also hit the highest price of $222.05 during that period. The average intraday trading volume for Deckers Outdoor Corp shares is 1.72 million. The stock is currently trading 5.97% above its 20-day simple moving average (SMA20), while that difference is up 9.65% for SMA50 and it goes to 32.87% higher than SMA200.

Deckers Outdoor Corp (NYSE: DECK) currently have 152.01M outstanding shares and institutions hold larger chunk of about 98.51% of that.

The stock has a current market capitalization of $33.90B and its 3Y-monthly beta is at 1.09. PE ratio of stock for trailing 12 months is 39.27, while it has posted earnings per share of $5.68 in the same period. Its PEG reads 2.56 and has Quick Ratio of 2.20 while making debt-to-equity ratio of 0.12. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DECK, volatility over the week remained 2.35% while standing at 2.67% over the month.

Analysts are in expectations that Deckers Outdoor Corp (DECK) stock would likely to be making an EPS of 0.73 in the current quarter, while forecast for next quarter EPS is 0.85 and it is 6.44 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.58 which is 0.93 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.82 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 16.45% while it is estimated to increase by 14.70% in next year. EPS is likely to shrink at an annualized rate of 15.35% for next 5-years, compared to annual growth of 26.96% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Needham on December 05, 2024 offering a Buy rating for the stock and assigned a target price range of between $218 and $226 to it. Coverage by Needham stated Deckers Outdoor Corp (DECK) stock as a Buy in their note to investors on November 22, 2024, suggesting a price target of $218 for the stock. Stock get a Neutral rating from Guggenheim on October 09, 2024.

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