At the time of writing, Deckers Outdoor Corp. [DECK] stock is trading at $157.66, up 1.31%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DECK shares have gain 2.05% over the last week, with a monthly amount glided 5.22%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Previously, Truist upgraded its rating to Buy on May 28, 2024, and elevated its price target to $1200. On May 24, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $1100 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $985 on May 20, 2024. BofA Securities downgraded its rating to a Neutral and reduced its price target to $860 on April 25, 2024. Truist downgraded its rating to Hold for this stock on April 10, 2024, and downed its price target to $864. In a note dated April 01, 2024, Barclays initiated an Overweight rating and provided a target price of $1110 on this stock.
For the past year, the stock price of Deckers Outdoor Corp. fluctuated between $80.67 and $184.48. Currently, Wall Street analysts expect the stock to reach $909.38 within the next 12 months. Deckers Outdoor Corp. [NYSE: DECK] shares were valued at $157.66 at the most recent close of the market. An investor can expect a potential return of 476.8% based on the average DECK price forecast.
Analyzing the DECK fundamentals
According to Deckers Outdoor Corp. [NYSE:DECK], the company’s sales were 4.44B for trailing twelve months, which represents an 22.13% jump. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.25, Equity is 0.4 and Total Capital is 0.41. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 152.56 points at the first support level, and at 147.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 160.79, and for the 2nd resistance point, it is at 163.93.
Ratios To Look Out For
It is important to note that Deckers Outdoor Corp. [NYSE:DECK] has a current ratio of 2.86. In addition, the Quick Ratio stands at 2.04 and the Cash Ratio stands at 1.58. Considering the valuation of this stock, the price to sales ratio is 5.41, the price to book ratio is 11.59 and price to earnings (TTM) ratio is 30.13.
Transactions by insiders
Recent insider trading involved Powers David, Director, that happened on Sep 06 ’24 when 3912.0 shares were sold. Director, Ibrahim Maha Saleh completed a deal on Sep 06 ’24 to sell 50.0 shares. Meanwhile, Director Ibrahim Maha Saleh bought 50.0 shares on Sep 06 ’24.
