Analysts predict Deckers Outdoor Corp (DECK) stock to reach $189.63 in the next 12 months

Deckers Outdoor Corp [DECK] stock is trading at $209.43, up 0.68%. An important factor to consider is whether the stock is rising or falling in short-term value. The DECK shares have gain 3.95% over the last week, with a monthly amount glided 6.59%, 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 December 05, 2024, when Needham reiterated its Buy rating and also boosted its price target to $226 from $218. Previously, Needham started tracking the stock with Buy rating on November 22, 2024, and set its price target to $218. On October 25, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $190 on the stock. BTIG Research downgraded its rating to a Neutral. Guggenheim initiated its recommendation with a Neutral. Truist reiterated a Buy rating for this stock on October 08, 2024, and upped its price target to $205. In a note dated October 07, 2024, Seaport Research Partners downgraded an Neutral rating on this stock.

Deckers Outdoor Corp [DECK] stock has fluctuated between $108.65 and $214.70 over the past year. Currently, Wall Street analysts expect the stock to reach $189.63 within the next 12 months. Deckers Outdoor Corp [NYSE: DECK] shares were valued at $209.43 at the most recent close of the market. An investor can expect a potential drop of -9.45% based on the average DECK price forecast.

Analyzing the DECK fundamentals

Deckers Outdoor Corp [NYSE:DECK] reported sales of 4.66B for the trailing twelve months, which represents a growth of 20.10%. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.19%. 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 207.95 points at the first support level, and at 206.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 210.71, and for the 2nd resistance point, it is at 211.98.

Ratios To Look Out For

For context, Deckers Outdoor Corp’s Current Ratio is 3.08. On the other hand, the Quick Ratio is 2.20, and the Cash Ratio is 1.4. Considering the valuation of this stock, the price to sales ratio is 6.83, the price to book ratio is 14.32 and price to earnings (TTM) ratio is 36.86.

Transactions by insiders

Recent insider trading involved Stefano Caroti, President & CEO, that happened on Dec 11 ’24 when 14274.0 shares were sold. Officer, Stefano Caroti completed a deal on Dec 11 ’24 to buy 14274.0 shares. Meanwhile, Director Ibrahim Maha Saleh sold 300.0 shares on Dec 06 ’24.

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