A share price of Deckers Outdoor Corp [DECK] is currently trading at $218.57, up 1.70%. An important factor to consider is whether the stock is rising or falling in short-term value. The DECK shares have gain 7.28% over the last week, with a monthly amount glided 6.47%, and seem to be holding up well over a long-time horizon.
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 experienced fluctuations in its stock price throughout the past year between $123.33 and $218.39. Currently, Wall Street analysts expect the stock to reach $194.25 within the next 12 months. Deckers Outdoor Corp [NYSE: DECK] shares were valued at $218.57 at the most recent close of the market. An investor can expect a potential drop of -11.13% 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 0.57% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.12.
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 213.14 points at the first support level, and at 207.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 221.46, and for the 2nd resistance point, it is at 224.35.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Deckers Outdoor Corp [NYSE:DECK] 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 7.12, the price to book ratio is 14.94 and price to earnings (TTM) ratio is 38.47.
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.
