Deckers Outdoor (NYSE:DECK) Given New $161.00 Price Target at UBS Group

Deckers Outdoor (NYSE:DECK) had its price target raised by equities research analysts at UBS Group from $145.00 to $161.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the textile maker’s stock. UBS Group’s price objective points to a potential upside of 51.25% from the stock’s previous close.

Other equities research analysts have also issued research reports about the stock. Telsey Advisory Group set a $113.00 price target on shares of Deckers Outdoor in a research report on Friday. KeyCorp reaffirmed a “sector weight” rating on shares of Deckers Outdoor in a research report on Friday. Truist Financial set a $125.00 target price on shares of Deckers Outdoor and gave the stock a “buy” rating in a research note on Friday. Jefferies Financial Group lifted their price target on shares of Deckers Outdoor from $102.00 to $105.00 and gave the company a “hold” rating in a report on Tuesday, January 27th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $105.00 price target on shares of Deckers Outdoor in a report on Friday. Nine equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Deckers Outdoor has an average rating of “Hold” and an average price target of $122.16.

Deckers Outdoor Stock Performance

Shares of NYSE DECK traded up $3.83 during midday trading on Friday, hitting $106.45. 5,153,145 shares of the company’s stock traded hands, compared to its average volume of 2,382,504. Deckers Outdoor has a 1 year low of $78.91 and a 1 year high of $126.50. The stock has a market capitalization of $15.11 billion, a price-to-earnings ratio of 15.03, a price-to-earnings-growth ratio of 2.11 and a beta of 1.14. The firm has a fifty day moving average of $102.12 and a 200 day moving average of $101.61.

Deckers Outdoor (NYSE:DECK) last released its quarterly earnings results on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating the consensus estimate of $0.81 by $0.15. Deckers Outdoor had a net margin of 19.46% and a return on equity of 41.60%. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the firm earned $1.00 EPS. The business’s revenue for the quarter was up 9.5% compared to the same quarter last year. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, equities analysts anticipate that Deckers Outdoor will post 6.87 earnings per share for the current year.

Hedge Funds Weigh In On Deckers Outdoor

Large investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its holdings in Deckers Outdoor by 330.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock valued at $29,000 after buying an additional 215 shares in the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in Deckers Outdoor during the 3rd quarter valued at approximately $30,000. Elyxium Wealth LLC purchased a new stake in Deckers Outdoor during the 4th quarter valued at approximately $30,000. Rakuten Securities Inc. grew its holdings in Deckers Outdoor by 45.5% during the 2nd quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock valued at $33,000 after buying an additional 100 shares in the last quarter. Finally, Activest Wealth Management grew its holdings in Deckers Outdoor by 298.8% during the 4th quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock valued at $34,000 after buying an additional 245 shares in the last quarter. Hedge funds and other institutional investors own 97.79% of the company’s stock.

Key Stories Impacting Deckers Outdoor

Here are the key news stories impacting Deckers Outdoor this week:

• Positive Sentiment: Deckers beat Q4 estimates, earning $0.96 per share versus $0.81 expected, while revenue of $1.12 billion also came in above forecasts. Article Title
• Positive Sentiment: Management said demand remained resilient for HOKA running shoes and UGG boots, helping drive record sales and profits and supporting a more upbeat full-year outlook. Article Title
• Positive Sentiment: Deckers’ FY2027 guidance called for EPS of 7.30-7.45 and revenue above Wall Street expectations, reinforcing confidence in continued growth. Article Title
• Positive Sentiment: Needham reaffirmed its buy rating and set a $138 price target, suggesting further upside from current levels. Article Title
• Neutral Sentiment: Some coverage notes the stock has been trading near flat after earnings as investors weigh strong results against a still-cautious outlook and broader consumer spending uncertainty. Article Title
• Negative Sentiment: Despite the beat, Deckers’ annual guidance was only modestly above consensus, so some investors may see less upside than the headline numbers suggest. Article Title

About Deckers Outdoor

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.