Zacks Research Boosts Earnings Estimates for Deckers Outdoor

Deckers Outdoor Corporation (NYSE:DECK) – Equities researchers at Zacks Research raised their Q4 2028 earnings per share estimates for Deckers Outdoor in a report released on Tuesday, June 9th. Zacks Research analyst Team now forecasts that the textile maker will post earnings per share of $1.25 for the quarter, up from their prior estimate of $1.04. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Deckers Outdoor’s current full-year earnings is $7.45 per share.

Deckers Outdoor (NYSE:DECK) last released its earnings results on Thursday, May 21st. The textile maker reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.81 by $0.15. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.Deckers Outdoor’s revenue was up 9.5% compared to the same quarter last year. During the same period last year, the business posted $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS.

A number of other analysts have also recently weighed in on DECK. Truist Financial set a $125.00 price target on Deckers Outdoor and gave the company a “buy” rating in a research note on Friday, May 22nd. Stifel Nicolaus set a $144.00 price target on Deckers Outdoor in a research note on Friday, May 29th. Telsey Advisory Group set a $113.00 price target on Deckers Outdoor in a research note on Friday, May 22nd. KGI Securities cut Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price target on the stock. in a research note on Friday, May 22nd. Finally, Argus set a $128.00 price target on Deckers Outdoor in a research note on Friday, May 29th. Nine research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $121.11.

Deckers Outdoor Price Performance

Deckers Outdoor stock opened at $111.22 on Thursday. Deckers Outdoor has a 1-year low of $78.91 and a 1-year high of $126.50. The stock has a market cap of $15.45 billion, a PE ratio of 15.80, a P/E/G ratio of 2.22 and a beta of 1.16. The stock’s fifty day moving average is $104.92 and its two-hundred day moving average is $104.43.

Institutional Trading of Deckers Outdoor

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Federated Hermes Inc. increased its position in shares of Deckers Outdoor by 374.1% during the fourth quarter. Federated Hermes Inc. now owns 3,149,719 shares of the textile maker’s stock worth $326,531,000 after purchasing an additional 2,485,338 shares in the last quarter. Invesco Ltd. increased its position in shares of Deckers Outdoor by 0.5% during the fourth quarter. Invesco Ltd. now owns 2,752,772 shares of the textile maker’s stock worth $285,380,000 after purchasing an additional 12,350 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Deckers Outdoor by 340.5% during the fourth quarter. AQR Capital Management LLC now owns 2,633,353 shares of the textile maker’s stock worth $273,000,000 after purchasing an additional 2,035,517 shares in the last quarter. Norges Bank purchased a new position in shares of Deckers Outdoor during the fourth quarter worth about $252,729,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of Deckers Outdoor by 123.2% during the first quarter. Bank of New York Mellon Corp now owns 1,803,021 shares of the textile maker’s stock worth $180,464,000 after buying an additional 995,099 shares during the last quarter. Institutional investors and hedge funds own 97.79% of the company’s stock.

Key Deckers Outdoor News

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

• Positive Sentiment: Deckers outlined a fiscal 2030 growth framework that highlights continued expansion for HOKA and UGG, along with investments in AI and global growth initiatives, which supports the case for sustained revenue and earnings growth. Deckers Sets 2030 Growth Path With HOKA UGG And AI Investments
• Positive Sentiment: Zacks Research raised several forward earnings estimates for DECK, including FY2027, FY2028, FY2029 and multiple quarterly periods, signaling expectations for stronger profitability over the next few years.
• Neutral Sentiment: Despite the higher estimates, Zacks kept a Hold rating, suggesting analysts see upside potential but are not yet fully bullish on the stock.
• Neutral Sentiment: The same research note also trimmed near-term Q1 2028 EPS estimates slightly, showing that expectations are improving unevenly rather than across the board.

Deckers Outdoor Company Profile

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.