Deckers Outdoor Co. (NYSE:DECK) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Deckers Outdoor Co. (NYSE:DECK) have been assigned an average rating of “Moderate Buy” from the nineteen ratings firms that are presently covering the company, MarketBeat reports. Eight investment analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $197.41.

DECK has been the topic of a number of research analyst reports. Stifel Nicolaus raised their target price on Deckers Outdoor from $181.00 to $185.00 and gave the company a “hold” rating in a report on Friday, January 31st. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $240.00 target price on shares of Deckers Outdoor in a report on Friday, January 31st. Citigroup raised Deckers Outdoor from a “neutral” rating to a “buy” rating and set a $215.00 target price on the stock in a report on Friday, February 7th. Evercore ISI raised their target price on Deckers Outdoor from $195.00 to $235.00 and gave the company an “outperform” rating in a report on Thursday, January 9th. Finally, Robert W. Baird raised their target price on Deckers Outdoor from $195.00 to $225.00 and gave the company an “outperform” rating in a report on Friday, December 6th.

Insider Activity

In other Deckers Outdoor news, CEO Caroti Stefano sold 14,274 shares of Deckers Outdoor stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $208.34, for a total transaction of $2,973,845.16. Following the completion of the transaction, the chief executive officer now owns 259,266 shares in the company, valued at approximately $54,015,478.44. The trade was a 5.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $200.80, for a total value of $60,240.00. Following the transaction, the director now owns 10,222 shares of the company’s stock, valued at $2,052,577.60. This trade represents a 2.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 39,574 shares of company stock worth $6,505,085 in the last three months. Company insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Deckers Outdoor

Several hedge funds have recently modified their holdings of the company. Siemens Fonds Invest GmbH lifted its position in shares of Deckers Outdoor by 258.6% during the 4th quarter. Siemens Fonds Invest GmbH now owns 5,874 shares of the textile maker’s stock worth $1,121,000 after buying an additional 4,236 shares in the last quarter. Cim LLC raised its holdings in shares of Deckers Outdoor by 11.8% in the 4th quarter. Cim LLC now owns 21,050 shares of the textile maker’s stock worth $4,275,000 after purchasing an additional 2,230 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Deckers Outdoor in the 4th quarter worth approximately $21,531,000. Jefferies Financial Group Inc. bought a new stake in Deckers Outdoor during the 4th quarter valued at $3,678,000. Finally, Integrated Advisors Network LLC bought a new stake in Deckers Outdoor during the 4th quarter valued at $841,000. Institutional investors own 97.79% of the company’s stock.

Deckers Outdoor Stock Down 2.5 %

NYSE:DECK opened at $133.77 on Wednesday. Deckers Outdoor has a 12-month low of $131.20 and a 12-month high of $223.98. The stock’s 50 day moving average price is $184.35 and its two-hundred day moving average price is $157.61. The firm has a market capitalization of $20.30 billion, a price-to-earnings ratio of 21.69, a P/E/G ratio of 1.68 and a beta of 1.07.

Deckers Outdoor (NYSE:DECK) last posted its earnings results on Thursday, February 6th. The textile maker reported $3.00 EPS for the quarter, beating the consensus estimate of $2.44 by $0.56. Deckers Outdoor had a return on equity of 41.71% and a net margin of 19.14%. Equities research analysts expect that Deckers Outdoor will post 5.89 EPS for the current year.

About Deckers Outdoor

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.