Currently, Deckers Outdoor Corp [DECK] is trading at $181.91, up 3.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DECK shares have gain 2.86% over the last week, with a monthly amount glided 20.50%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Deckers Outdoor Corp [NYSE: DECK] stock has seen the most recent analyst activity on October 25, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $190 from $183. Previously, BTIG Research downgraded its rating to Neutral on October 22, 2024. On October 09, 2024, Guggenheim initiated with a Neutral rating. Truist reiterated its Buy rating and increased its price target to $205 on October 08, 2024. Seaport Research Partners downgraded its rating to a Neutral. In a note dated May 28, 2024, Truist upgraded an Buy rating on this stock and boosted its target price from $1011 to $1200.
This stock has fluctuated between a low of $104.51 and a high of $184.48 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $799.44 within the next 12 months. Deckers Outdoor Corp [NYSE: DECK] shares were valued at $181.91 at the most recent close of the market. An investor can expect a potential return of 339.47% based on the average DECK price forecast.
Analyzing the DECK fundamentals
Trailing Twelve Months sales for Deckers Outdoor Corp [NYSE:DECK] were 4.66B which represents 20.10% growth. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.26, Equity is 0.41 and Total Capital is 0.42.
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 177.36 points at the first support level, and at 172.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 184.22, and for the 2nd resistance point, it is at 186.53.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Deckers Outdoor Corp [NYSE:DECK] is 3.08. Also, the Quick Ratio is 2.20, while the Cash Ratio stands at 1.4. Considering the valuation of this stock, the price to sales ratio is 5.93, the price to book ratio is 12.44 and price to earnings (TTM) ratio is 32.02.
Transactions by insiders
Recent insider trading involved Ellerker Marco, President, Global Marketplace, that happened on Nov 20 ’24 when 5667.0 shares were sold. Chief Administrative Officer, Garcia Thomas completed a deal on Nov 19 ’24 to sell 18000.0 shares. Meanwhile, President & CEO Stefano Caroti sold 15000.0 shares on Nov 19 ’24.
