Deckers Outdoor (NYSE:DECK) Updates FY 2025 Earnings Guidance

Deckers Outdoor (NYSE:DECK) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 29.750-30.650 for the period, compared to the consensus earnings per share estimate of 31.060. The company issued revenue guidance of $4.7 billion-$4.7 billion, compared to the consensus revenue estimate of $4.8 billion. Deckers Outdoor also updated its FY25 guidance to $29.75-30.65 EPS.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on DECK. Telsey Advisory Group reaffirmed an outperform rating and issued a $1,100.00 target price on shares of Deckers Outdoor in a report on Friday. Robert W. Baird upped their target price on shares of Deckers Outdoor from $1,050.00 to $1,075.00 and gave the company an outperform rating in a report on Friday. Bank of America upped their target price on shares of Deckers Outdoor from $860.00 to $1,020.00 and gave the company a neutral rating in a report on Friday, May 24th. Barclays upped their target price on shares of Deckers Outdoor from $1,089.00 to $1,090.00 and gave the company an overweight rating in a report on Friday. Finally, KeyCorp upped their target price on shares of Deckers Outdoor from $960.00 to $1,015.00 and gave the company an overweight rating in a report on Friday, May 24th. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of Moderate Buy and a consensus price target of $1,040.13.

Deckers Outdoor Trading Up 6.3 %

Shares of NYSE:DECK traded up $53.20 on Friday, reaching $894.70. 1,302,823 shares of the company’s stock were exchanged, compared to its average volume of 371,790. The company has a fifty day moving average of $970.62 and a 200-day moving average of $890.03. Deckers Outdoor has a twelve month low of $484.02 and a twelve month high of $1,106.89. The company has a market capitalization of $22.73 billion, a price-to-earnings ratio of 30.55, a PEG ratio of 2.79 and a beta of 1.06.

Deckers Outdoor shares are going to split before the market opens on Tuesday, September 17th. The 6-1 split was announced on Tuesday, September 17th. The newly created shares will be issued to shareholders after the closing bell on Tuesday, September 17th.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, July 25th. The textile maker reported $4.52 earnings per share for the quarter, topping analysts’ consensus estimates of $3.59 by $0.93. Deckers Outdoor had a net margin of 18.45% and a return on equity of 40.89%. The company had revenue of $825.30 million during the quarter, compared to the consensus estimate of $808.40 million. During the same quarter in the prior year, the firm posted $2.41 EPS. The firm’s quarterly revenue was up 22.1% on a year-over-year basis. As a group, equities research analysts forecast that Deckers Outdoor will post 30.81 EPS for the current fiscal year.

Insider Transactions at Deckers Outdoor

In other news, insider Angela Ogbechie sold 153 shares of the company’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $1,077.93, for a total transaction of $164,923.29. Following the completion of the sale, the insider now owns 3,779 shares of the company’s stock, valued at approximately $4,073,497.47. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CEO David Powers sold 10,955 shares of the stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $1,086.50, for a total value of $11,902,607.50. Following the completion of the transaction, the chief executive officer now owns 76,006 shares of the company’s stock, valued at approximately $82,580,519. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Angela Ogbechie sold 153 shares of the stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $1,077.93, for a total transaction of $164,923.29. Following the completion of the transaction, the insider now directly owns 3,779 shares of the company’s stock, valued at approximately $4,073,497.47. The disclosure for this sale can be found here. In the last 90 days, insiders sold 22,108 shares of company stock valued at $23,919,671. Company insiders own 0.70% of the company’s stock.

About Deckers Outdoor

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear and apparel for ultra-runners and athletes under the Hoka brand; and sandals, shoes, and boots under the Teva brand name.