Deckers Outdoor (NYSE:DECK) Rating Lowered to Hold at Zacks Research

Deckers Outdoor (NYSE:DECK) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports. Zacks Research also issued estimates for Deckers Outdoor’s Q3 2026 earnings at $2.73 EPS, Q4 2026 earnings at $0.91 EPS, FY2026 earnings at $6.39 EPS, Q1 2027 earnings at $0.95 EPS, Q2 2027 earnings at $1.78 EPS, Q3 2027 earnings at $3.12 EPS, Q4 2027 earnings at $1.07 EPS, FY2027 earnings at $6.92 EPS, Q1 2028 earnings at $1.04 EPS, Q2 2028 earnings at $1.95 EPS and FY2028 earnings at $7.58 EPS.

Several other equities research analysts have also weighed in on DECK. Barclays dropped their price target on Deckers Outdoor from $141.00 to $113.00 and set an “overweight” rating on the stock in a research report on Monday, October 27th. The Goldman Sachs Group dropped their target price on shares of Deckers Outdoor from $92.00 to $81.00 and set a “sell” rating on the stock in a report on Friday, October 24th. Sanford C. Bernstein started coverage on shares of Deckers Outdoor in a research report on Thursday, September 18th. They issued an “underperform” rating and a $100.00 target price on the stock. Citigroup lowered their price target on shares of Deckers Outdoor from $150.00 to $120.00 and set a “buy” rating for the company in a research report on Friday, October 24th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $118.11.

Deckers Outdoor Stock Performance

DECK opened at $82.72 on Monday. The stock has a market capitalization of $12.06 billion, a PE ratio of 12.26, a price-to-earnings-growth ratio of 3.79 and a beta of 1.10. The stock’s 50 day moving average price is $101.43 and its 200-day moving average price is $106.45. Deckers Outdoor has a 52-week low of $78.91 and a 52-week high of $223.98.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, October 23rd. The textile maker reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.58 by $0.24. Deckers Outdoor had a net margin of 19.47% and a return on equity of 40.54%. The company had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the previous year, the company earned $1.59 earnings per share. Deckers Outdoor’s quarterly revenue was up 9.1% on a year-over-year basis. Deckers Outdoor has set its FY 2026 guidance at 6.300-6.390 EPS. Research analysts forecast that Deckers Outdoor will post 5.89 EPS for the current fiscal year.

Insider Buying and Selling at Deckers Outdoor

In other Deckers Outdoor news, Director Maha Saleh Ibrahim sold 300 shares of Deckers Outdoor stock in a transaction on Monday, September 8th. The stock was sold at an average price of $118.02, for a total value of $35,406.00. Following the completion of the sale, the director owned 10,979 shares of the company’s stock, valued at approximately $1,295,741.58. This trade represents a 2.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Angela Ogbechie sold 1,460 shares of the stock in a transaction on Friday, October 31st. The shares were sold at an average price of $81.45, for a total value of $118,917.00. Following the sale, the insider directly owned 34,020 shares in the company, valued at $2,770,929. This trade represents a 4.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.40% of the company’s stock.

Institutional Trading of Deckers Outdoor

A number of large investors have recently made changes to their positions in DECK. Norges Bank bought a new position in Deckers Outdoor during the second quarter valued at approximately $223,036,000. Federated Hermes Inc. boosted its stake in shares of Deckers Outdoor by 1,998.7% in the 1st quarter. Federated Hermes Inc. now owns 1,163,977 shares of the textile maker’s stock worth $130,144,000 after buying an additional 1,108,516 shares during the last quarter. Tredje AP fonden grew its holdings in shares of Deckers Outdoor by 507.2% in the second quarter. Tredje AP fonden now owns 1,290,498 shares of the textile maker’s stock worth $133,012,000 after acquiring an additional 1,077,965 shares during the period. Nuveen LLC bought a new stake in shares of Deckers Outdoor in the first quarter worth $97,935,000. Finally, Swedbank AB increased its position in Deckers Outdoor by 1,038.9% during the first quarter. Swedbank AB now owns 758,683 shares of the textile maker’s stock valued at $84,828,000 after acquiring an additional 692,065 shares during the last quarter. 97.79% of the stock is currently owned by institutional investors.

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.