Deckers Outdoor Corp. [NYSE: DECK] stock went on an upward path that rose over 0.72% on Thursday, amounting to a one-week price decrease of less than -5.16%.
Over the last 12 months, DECK stock rose by 83.88%. The one-year Deckers Outdoor Corp. stock forecast points to a potential upside of 15.43. The average equity rating for DECK stock is currently 2.17, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $23.18 billion, with 153.56 million shares outstanding and 151.12 million shares in the current float. Compared to the average trading volume of 1.94M shares, DECK stock reached a trading volume of 3459388 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Deckers Outdoor Corp. [DECK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DECK shares is $179.78 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DECK stock is a recommendation set at 2.17. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BTIG Research have made an estimate for Deckers Outdoor Corp. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 22, 2024. While these analysts kept the previous recommendation, Guggenheim raised their target price to Neutral. The new note on the price target was released on October 09, 2024, representing the official price target for Deckers Outdoor Corp. stock. Previously, the target price had yet another raise from $204.17 to $205, while Truist kept a Buy rating on DECK stock.
The Average True Range (ATR) for Deckers Outdoor Corp. is set at 4.74, with the Price to Sales ratio for DECK stock in the period of the last 12 months amounting to 5.22. The Price to Book ratio for the last quarter was 11.18, with the Price to Cash per share for the same quarter was set at 9.43. Price to Free Cash Flow for DECK in the course of the last twelve months was 24.67 with Quick ratio for the last quarter at 2.04.
DECK Stock Performance Analysis:
Deckers Outdoor Corp. [DECK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.16. With this latest performance, DECK shares dropped by -1.59% in over the last four-week period, additionally plugging by 13.11% over the last 6 months – not to mention a rise of 83.88% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DECK stock in for the last two-week period is set at 41.91, with the RSI for the last a single of trading hit 36.10, and the three-weeks RSI is set at 45.05 for Deckers Outdoor Corp. [DECK]. The present Moving Average for the last 50 days of trading for this stock 156.52, while it was recorded at 155.78 for the last single week of trading, and 150.48 for the last 200 days.
Insight into Deckers Outdoor Corp. Fundamentals:
Deckers Outdoor Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.04 and a Current Ratio set at 2.86.
DECK Stock EPS
With the latest financial reports released by the company, Deckers Outdoor Corp. posted 1.14/share EPS, while the average EPS was predicted by analysts to be reported at 0.74/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.4. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DECK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Deckers Outdoor Corp. go to 15.40%.
Deckers Outdoor Corp. [DECK] Institutonal Ownership Details
There are presently around $98.61%, or 99.09%% of DECK stock, in the hands of institutional investors. The top three institutional holders of DECK stocks are: FMR LLC with ownership of 3.82 million shares, which is approximately 14.8943%. VANGUARD GROUP INC, holding 2.88 million shares of the stock with an approximate value of $$2.79 billion in DECK stocks shares; and VANGUARD GROUP INC, currently with $$2.47 billion in DECK stock with ownership which is approximately 9.9441%.
