Deckers Outdoor (NYSE:DECK – Free Report) had its price objective lowered by Jefferies Financial Group from $130.00 to $120.00 in a research report released on Friday morning. The brokerage currently has a hold rating on the textile maker’s stock.
Several other equities analysts also recently weighed in on the stock. Piper Sandler downgraded shares of Deckers Outdoor from a “neutral” rating to an “underweight” rating and cut their price target for the stock from $100.00 to $75.00 in a report on Friday. Robert W. Baird set a $95.00 price objective on shares of Deckers Outdoor in a research note on Friday. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $90.00 price objective (down from $105.00) on shares of Deckers Outdoor in a report on Friday. Barclays set a $100.00 price objective on shares of Deckers Outdoor in a report on Friday. Finally, KeyCorp reiterated a “sector weight” rating on shares of Deckers Outdoor in a research note on Friday, July 24th. Eleven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Deckers Outdoor currently has a consensus rating of “Hold” and an average target price of $105.79.
Check Out Our Latest Report on DECK
Deckers Outdoor Stock Down 0.1%
Shares of NYSE:DECK opened at $81.00 on Friday. Deckers Outdoor has a 52-week low of $77.20 and a 52-week high of $122.29. The stock has a market cap of $11.04 billion, a price-to-earnings ratio of 10.74, a PEG ratio of 1.21 and a beta of 1.12. The business has a 50-day moving average price of $83.43 and a 200-day moving average price of $96.85.
Deckers Outdoor (NYSE:DECK – Get Free Report) last released its earnings results on Thursday, July 23rd. The textile maker reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. Deckers Outdoor had a return on equity of 42.42% and a net margin of 19.18%. The company’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.93 earnings per share. As a group, equities analysts anticipate that Deckers Outdoor will post 7.78 EPS for the current fiscal year.
Institutional Trading of Deckers Outdoor
Hedge funds have recently modified their holdings of the stock. Danske Bank A S acquired a new stake in shares of Deckers Outdoor during the 2nd quarter worth approximately $46,235,000. CX Institutional increased its holdings in shares of Deckers Outdoor by 41.0% during the 3rd quarter. CX Institutional now owns 65,089 shares of the textile maker’s stock valued at $5,343,000 after purchasing an additional 18,921 shares in the last quarter. Private Wealth Advisors LLC purchased a new position in shares of Deckers Outdoor during the 2nd quarter valued at approximately $4,634,000. TD Waterhouse Canada Inc. lifted its stake in shares of Deckers Outdoor by 2,708.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 30,663 shares of the textile maker’s stock valued at $2,396,000 after purchasing an additional 29,571 shares during the period. Finally, State of Alaska Department of Revenue lifted its stake in shares of Deckers Outdoor by 1,365.9% in the 3rd quarter. State of Alaska Department of Revenue now owns 203,898 shares of the textile maker’s stock valued at $15,933,000 after purchasing an additional 189,989 shares during the period. Hedge funds and other institutional investors own 97.79% of the company’s stock.
Key Headlines Impacting Deckers Outdoor
Here are the key news stories impacting Deckers Outdoor this week:
- Positive Sentiment: Deckers reported fiscal second-quarter EPS well above consensus, supported by stronger-than-expected margins. Revenue rose roughly 3.5% year over year to $1.48 billion, while HOKA revenue increased 7% and wholesale sales grew 9%. Deckers Brands Reports Second Quarter Fiscal Year 2027 Financial Results
- Positive Sentiment: The company’s fiscal 2027 EPS outlook of $7.80 to $7.95 is above the consensus estimate of $7.52, indicating that disciplined pricing and margin management remain supportive of profitability. Deckers Projects Fiscal 2027 Guidance
- Neutral Sentiment: Some analysts still see substantial upside and retained positive ratings: BNP Paribas Exane maintained “outperform,” while Stifel and Needham maintained “buy” ratings. However, their price targets were reduced, reflecting more cautious assumptions. Stifel Analyst Recommendation
- Negative Sentiment: Fiscal 2027 revenue guidance was cut to $5.70 billion–$5.725 billion from expectations near $5.9 billion. Management cited softer direct-to-consumer demand, logistics issues, higher promotions and slower HOKA and UGG growth. Deckers Cuts Sales Outlook Amid Slower HOKA and UGG Growth
- Negative Sentiment: The revenue miss and reduced outlook triggered broad analyst target cuts, including Piper Sandler’s downgrade to “underweight” with a $75 target. Jefferies, Evercore, Raymond James, Truist and others also lowered targets, signaling concern that premium footwear growth may be losing momentum amid aggressive industry discounting. Piper Sandler Downgrades Deckers Outdoor
About Deckers Outdoor
Deckers Outdoor Corporation, doing business as Deckers Brands (NYSE: DECK), is a global footwear, apparel and accessories company. Its portfolio includes UGG, known for sheepskin and casual footwear; HOKA, which focuses on performance and running shoes; Teva, which offers outdoor and sport sandals and footwear; and Koolaburra by UGG, a lifestyle footwear brand.
The company sells its products through department and specialty stores, independent retailers, international distributors, company-owned retail stores and e-commerce websites.
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