ValuEngine cut shares of Deckers Outdoor (NYSE:DECK) from a buy rating to a hold rating in a research note published on Friday morning.

DECK has been the topic of several other research reports. UBS Group raised Deckers Outdoor to a neutral rating in a research report on Thursday, August 23rd. Zacks Investment Research cut Deckers Outdoor from a strong-buy rating to a hold rating in a research report on Tuesday, October 16th. reaffirmed a hold rating and set a $104.00 target price on shares of Deckers Outdoor in a research report on Monday, October 22nd. Buckingham Research lifted their target price on Deckers Outdoor from $99.00 to $109.00 and gave the company a neutral rating in a research report on Thursday, August 16th. Finally, Macquarie set a $105.00 target price on Deckers Outdoor and gave the company a hold rating in a research report on Tuesday, October 30th. Twelve analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of $118.14.

NYSE DECK opened at $120.41 on Friday. The company has a market cap of $3.51 billion, a PE ratio of 20.98, a PEG ratio of 1.56 and a beta of 0.78. Deckers Outdoor has a 52 week low of $73.93 and a 52 week high of $137.49. The company has a quick ratio of 1.26, a current ratio of 2.41 and a debt-to-equity ratio of 0.04.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, October 25th. The textile maker reported $2.38 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.72 by $0.66. The firm had revenue of $501.91 million during the quarter, compared to the consensus estimate of $496.22 million. Deckers Outdoor had a return on equity of 23.27% and a net margin of 7.69%. During the same quarter in the previous year, the company posted $1.54 earnings per share. On average, equities analysts anticipate that Deckers Outdoor will post 6.82 earnings per share for the current fiscal year.

In other Deckers Outdoor news, CEO David Powers sold 1,500 shares of the business’s stock in a transaction on Wednesday, October 31st. The stock was sold at an average price of $128.31, for a total value of $192,465.00. Following the transaction, the chief executive officer now owns 66,047 shares of the company’s stock, valued at $8,474,490.57. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Caroti Stefano sold 1,750 shares of the business’s stock in a transaction on Thursday, November 1st. The stock was sold at an average price of $130.00, for a total value of $227,500.00. Following the completion of the transaction, the insider now directly owns 24,252 shares in the company, valued at approximately $3,152,760. The disclosure for this sale can be found here. In the last three months, insiders sold 6,250 shares of company stock worth $821,965. Insiders own 0.40% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. Employees Retirement System of Texas purchased a new position in shares of Deckers Outdoor during the 2nd quarter valued at $1,580,000. Schwab Charles Investment Management Inc. lifted its position in shares of Deckers Outdoor by 13.5% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 435,267 shares of the textile maker’s stock valued at $49,138,000 after buying an additional 51,685 shares during the last quarter. Northern Trust Corp lifted its position in shares of Deckers Outdoor by 2.4% during the 2nd quarter. Northern Trust Corp now owns 752,880 shares of the textile maker’s stock valued at $84,993,000 after buying an additional 17,775 shares during the last quarter. Prudential Financial Inc. lifted its position in shares of Deckers Outdoor by 268.1% during the 3rd quarter. Prudential Financial Inc. now owns 83,399 shares of the textile maker’s stock valued at $9,889,000 after buying an additional 60,740 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Deckers Outdoor by 10.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 26,750 shares of the textile maker’s stock valued at $3,018,000 after buying an additional 2,612 shares during the last quarter.

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. It offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and footwear under the Sanuk brand name.

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Analyst Recommendations for Deckers Outdoor (NYSE:DECK)

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