Deckers Outdoor (NYSE:DECK) Updates FY25 Earnings Guidance

by · The Cerbat Gem

Deckers Outdoor (NYSE:DECK – Get Free Report) updated its FY25 earnings guidance on Thursday morning. The company provided earnings per share guidance of $5.15-5.25 for the period, compared to the consensus earnings per share estimate of $5.36. The company issued revenue guidance of $4.80 billion, compared to the consensus revenue estimate of $4.83 billion. Deckers Outdoor also updated its FY 2025 guidance to 5.150-5.250 EPS.

Deckers Outdoor Stock Up 0.8 %

Shares of DECK stock traded up $1.16 during trading on Thursday, reaching $152.12. 3,585,790 shares of the company’s stock were exchanged, compared to its average volume of 2,239,181. The stock has a market capitalization of $3.87 billion, a PE ratio of 5.19, a PEG ratio of 2.85 and a beta of 1.05. Deckers Outdoor has a twelve month low of $80.67 and a twelve month high of $184.48. The firm’s fifty day moving average price is $102.28 and its 200-day moving average price is $52.18.

Deckers Outdoor (NYSE:DECK – Get Free Report) last posted its earnings results on Thursday, July 25th. The textile maker reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The business had revenue of $825.30 million for the quarter, compared to analyst estimates of $808.40 million. Deckers Outdoor had a return on equity of 40.52% and a net margin of 18.45%. The firm’s revenue was up 22.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.07 EPS. As a group, analysts anticipate that Deckers Outdoor will post 5.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. StockNews.com lowered Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 25th. Telsey Advisory Group reissued an “outperform” rating and set a $183.00 target price on shares of Deckers Outdoor in a report on Friday, October 18th. Barclays reduced their price target on Deckers Outdoor from $1,090.00 to $180.00 and set an “overweight” rating for the company in a research note on Friday, September 20th. Stifel Nicolaus reduced their price target on Deckers Outdoor from $887.00 to $147.83 and set a “hold” rating for the company in a research note on Tuesday, September 17th. Finally, Robert W. Baird boosted their price target on Deckers Outdoor from $29.17 to $29.86 and gave the company an “outperform” rating in a research note on Friday, July 26th. Nine investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $114.57.

Read Our Latest Stock Report on DECK

Insider Activity

In related news, CFO Steven J. Fasching sold 9,198 shares of the company’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of $166.67, for a total transaction of $1,533,030.66. Following the completion of the sale, the chief financial officer now directly owns 161,838 shares in the company, valued at $26,973,539.46. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, Director David Powers sold 140,832 shares of the company’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $23.97, for a total transaction of $3,376,368.96. Following the completion of the sale, the director now directly owns 2,450,808 shares in the company, valued at $58,756,760.24. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Steven J. Fasching sold 9,198 shares of the company’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of $166.67, for a total value of $1,533,030.66. Following the sale, the chief financial officer now owns 161,838 shares of the company’s stock, valued at approximately $26,973,539.46. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.70% of the company’s stock.

Deckers Outdoor Company Profile

(Get Free Report)

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.

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