While Deckers Outdoor Corp has underperformed by -1.66%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DECK rose by 4.30%, with highs and lows ranging from $223.98 to $131.39, whereas the simple moving average fell by -11.61% in the last 200 days.
On February 07, 2025, Citigroup Upgraded Deckers Outdoor Corp (NYSE: DECK) to Buy. A report published by Needham on December 05, 2024, Reiterated its previous ‘Buy’ rating for DECK. Needham also rated DECK shares as ‘Buy’, setting a target price of $218 on the company’s shares in an initiating report dated November 22, 2024. Telsey Advisory Group Reiterated the rating as Outperform on October 25, 2024, but set its price target from $183 to $190. BTIG Research October 22, 2024d its ‘Buy’ rating to ‘Neutral’ for DECK, as published in its report on October 22, 2024. Truist also rated the stock as ‘Buy’.
Analysis of Deckers Outdoor Corp (DECK)
Further, the quarter-over-quarter increase in sales is 16.75%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Deckers Outdoor Corp’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 39.80% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.61, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and DECK is recording an average volume of 2.44M. On a monthly basis, the volatility of the stock is set at 3.40%, whereas on a weekly basis, it is put at 2.71%, with a loss of -2.60% over the past seven days. Furthermore, long-term investors anticipate a median target price of $226.03, showing growth from the present price of $150.02, which can serve as yet another indication of whether DECK is worth investing in or should be passed over.
How Do You Analyze Deckers Outdoor Corp Shares?
A leading company in the Footwear & Accessories sector, Deckers Outdoor Corp (DECK) is based in the USA. When comparing Deckers Outdoor Corp shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 24.35, there is a growth in quarterly earnings of 19.04%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.77%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 95.44% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
DECK shares are owned by institutional investors to the tune of 95.44% at present.
