Deckers Outdoor (NYSE:DECK) Updates FY 2025 Earnings Guidance

Deckers Outdoor (NYSE:DECK) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 29.750-30.650 for the period, compared to the consensus earnings per share estimate of 31.060. The company issued revenue guidance of $4.7 billion-$4.7 billion, compared to the consensus revenue estimate of $4.8 billion. Deckers Outdoor also updated its FY25 guidance to $29.75-30.65 EPS.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DECK. Evercore ISI lowered their price objective on shares of Deckers Outdoor from $1,110.00 to $1,100.00 and set an outperform rating on the stock in a research report on Monday, July 15th. Barclays reduced their target price on shares of Deckers Outdoor from $1,110.00 to $1,026.00 and set an overweight rating for the company in a research note on Tuesday, May 21st. Wells Fargo & Company raised their target price on shares of Deckers Outdoor from $775.00 to $1,000.00 and gave the stock an equal weight rating in a research note on Friday, May 24th. Wedbush restated an outperform rating and issued a $1,030.00 target price on shares of Deckers Outdoor in a research note on Thursday, July 11th. Finally, Bank of America raised their target price on shares of Deckers Outdoor from $860.00 to $1,020.00 and gave the stock a neutral rating in a research note on Friday, May 24th. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Deckers Outdoor presently has a consensus rating of Moderate Buy and an average price target of $1,022.81.

Deckers Outdoor Stock Performance

Deckers Outdoor stock traded down $3.90 during trading on Thursday, reaching $842.14. The company had a trading volume of 887,040 shares, compared to its average volume of 398,586. Deckers Outdoor has a 12-month low of $484.02 and a 12-month high of $1,106.89. The stock’s 50 day moving average price is $970.49 and its two-hundred day moving average price is $888.57. The firm has a market capitalization of $21.40 billion, a price-to-earnings ratio of 28.75, a PEG ratio of 2.94 and a beta of 1.06.

Deckers Outdoor shares are set to split before the market opens on Tuesday, September 17th. The 6-1 split was announced on Tuesday, September 17th. The newly created shares will be distributed to shareholders after the market closes on Tuesday, September 17th.

Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, July 25th. The textile maker reported $4.52 earnings per share for the quarter, beating analysts’ consensus estimates of $3.52 by $1.00. Deckers Outdoor had a net margin of 17.69% and a return on equity of 38.85%. The firm had revenue of $825.30 million for the quarter, compared to analysts’ expectations of $808.40 million. During the same period in the previous year, the company posted $2.41 earnings per share. Deckers Outdoor’s revenue was up 22.1% compared to the same quarter last year. As a group, research analysts expect that Deckers Outdoor will post 30.65 earnings per share for the current year.

Insider Transactions at Deckers Outdoor

In related news, CEO David Powers sold 10,955 shares of the company’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $1,086.50, for a total value of $11,902,607.50. Following the sale, the chief executive officer now directly owns 76,006 shares of the company’s stock, valued at $82,580,519. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Caroti Stefano sold 5,000 shares of the company’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $1,079.74, for a total value of $5,398,700.00. Following the sale, the insider now directly owns 39,926 shares of the company’s stock, valued at $43,109,699.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO David Powers sold 10,955 shares of the company’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $1,086.50, for a total transaction of $11,902,607.50. Following the completion of the sale, the chief executive officer now directly owns 76,006 shares in the company, valued at $82,580,519. The disclosure for this sale can be found here. Over the last three months, insiders have sold 22,108 shares of company stock valued at $23,919,671. 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 and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.