Deckers Outdoor (NYSE:DECK) Updates FY25 Earnings Guidance
by Renee Jackson · The Cerbat GemDeckers 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
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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