Deckers Outdoor Corporation (DECK) PT Raised to $80.00 at Stifel Nicolaus

Deckers Outdoor Corporation (NYSE:DECK) had its price objective hoisted by Stifel Nicolaus from $74.00 to $80.00 in a research note published on Friday, Marketbeat Ratings reports. The firm currently has a buy rating on the textile maker’s stock.

Other research analysts also recently issued reports about the company. Jefferies Group LLC set a $74.00 target price on Deckers Outdoor Corporation and gave the stock a buy rating in a report on Saturday, July 29th. Canaccord Genuity set a $76.00 target price on Deckers Outdoor Corporation and gave the stock a buy rating in a report on Thursday, July 27th. ValuEngine raised Deckers Outdoor Corporation from a hold rating to a buy rating in a report on Wednesday, September 6th. BidaskClub raised Deckers Outdoor Corporation from a hold rating to a buy rating in a report on Tuesday, October 3rd. Finally, Pivotal Research initiated coverage on Deckers Outdoor Corporation in a report on Thursday, October 5th. They set a buy rating and a $80.00 target price on the stock. Eleven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $67.67.

Shares of Deckers Outdoor Corporation (DECK) opened at 71.00 on Friday. The company has a market cap of $2.27 billion, a P/E ratio of 102.01 and a beta of 1.33. Deckers Outdoor Corporation has a 12-month low of $44.00 and a 12-month high of $72.72. The company has a 50-day moving average price of $65.04 and a 200-day moving average price of $63.68.

Deckers Outdoor Corporation (NYSE:DECK) last announced its earnings results on Thursday, July 27th. The textile maker reported ($1.28) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.67) by $0.39. The firm had revenue of $209.70 million for the quarter, compared to the consensus estimate of $178.36 million. Deckers Outdoor Corporation had a return on equity of 14.25% and a net margin of 1.23%. The business’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same period in the previous year, the business earned ($1.80) EPS. On average, analysts predict that Deckers Outdoor Corporation will post $4.08 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: This piece of content was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States and international copyright law. The correct version of this piece of content can be read at https://ledgergazette.com/2017/10/10/deckers-outdoor-corporation-deck-pt-raised-to-80-00-at-stifel-nicolaus.html.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Investment Management Company LLC increased its holdings in Deckers Outdoor Corporation by 0.5% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 5,529 shares of the textile maker’s stock worth $318,000 after purchasing an additional 25 shares in the last quarter. Meeder Asset Management Inc. increased its holdings in Deckers Outdoor Corporation by 0.6% during the 2nd quarter. Meeder Asset Management Inc. now owns 13,892 shares of the textile maker’s stock worth $948,000 after purchasing an additional 77 shares in the last quarter. Advantus Capital Management Inc increased its holdings in Deckers Outdoor Corporation by 2.6% during the 1st quarter. Advantus Capital Management Inc now owns 4,089 shares of the textile maker’s stock worth $244,000 after purchasing an additional 102 shares in the last quarter. Mason Street Advisors LLC increased its holdings in Deckers Outdoor Corporation by 0.7% during the 1st quarter. Mason Street Advisors LLC now owns 15,087 shares of the textile maker’s stock worth $901,000 after purchasing an additional 112 shares in the last quarter. Finally, Louisiana State Employees Retirement System increased its holdings in Deckers Outdoor Corporation by 2.5% during the 2nd quarter. Louisiana State Employees Retirement System now owns 8,300 shares of the textile maker’s stock worth $567,000 after purchasing an additional 200 shares

Other research analysts also recently issued reports about the company. Jefferies Group LLC set a $74.00 target price on Deckers Outdoor Corporation and gave the stock a buy rating in a report on Saturday, July 29th. Canaccord Genuity set a $76.00 target price on Deckers Outdoor Corporation and gave the stock a buy rating in a report on Thursday, July 27th. ValuEngine raised Deckers Outdoor Corporation from a hold rating to a buy rating in a report on Wednesday, September 6th. BidaskClub raised Deckers Outdoor Corporation from a hold rating to a buy rating in a report on Tuesday, October 3rd. Finally, Pivotal Research initiated coverage on Deckers Outdoor Corporation in a report on Thursday, October 5th. They set a buy rating and a $80.00 target price on the stock. Eleven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $67.67.

Shares of Deckers Outdoor Corporation (DECK) opened at 71.00 on Friday. The company has a market cap of $2.27 billion, a P/E ratio of 102.01 and a beta of 1.33. Deckers Outdoor Corporation has a 12-month low of $44.00 and a 12-month high of $72.72. The company has a 50-day moving average price of $65.04 and a 200-day moving average price of $63.68.

Deckers Outdoor Corporation (NYSE:DECK) last announced its earnings results on Thursday, July 27th. The textile maker reported ($1.28) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.67) by $0.39. The firm had revenue of $209.70 million for the quarter, compared to the consensus estimate of $178.36 million. Deckers Outdoor Corporation had a return on equity of 14.25% and a net margin of 1.23%. The business’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same period in the previous year, the business earned ($1.80) EPS. On average, analysts predict that Deckers Outdoor Corporation will post $4.08 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: This piece of content was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States and international copyright law. The correct version of this piece of content can be read at https://ledgergazette.com/2017/10/10/deckers-outdoor-corporation-deck-pt-raised-to-80-00-at-stifel-nicolaus.html.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Investment Management Company LLC increased its holdings in Deckers Outdoor Corporation by 0.5% during the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 5,529 shares of the textile maker’s stock worth $318,000 after purchasing an additional 25 shares in the last quarter. Meeder Asset Management Inc. increased its holdings in Deckers Outdoor Corporation by 0.6% during the 2nd quarter. Meeder Asset Management Inc. now owns 13,892 shares of the textile maker’s stock worth $948,000 after purchasing an additional 77 shares in the last quarter. Advantus Capital Management Inc increased its holdings in Deckers Outdoor Corporation by 2.6% during the 1st quarter. Advantus Capital Management Inc now owns 4,089 shares of the textile maker’s stock worth $244,000 after purchasing an additional 102 shares in the last quarter. Mason Street Advisors LLC increased its holdings in Deckers Outdoor Corporation by 0.7% during the 1st quarter. Mason Street Advisors LLC now owns 15,087 shares of the textile maker’s stock worth $901,000 after purchasing an additional 112 shares in the last quarter. Finally, Louisiana State Employees Retirement System increased its holdings in Deckers Outdoor Corporation by 2.5% during the 2nd quarter. Louisiana State Employees Retirement System now owns 8,300 shares of the textile maker’s stock worth $567,000 after purchasing an additional 200 shares in the last quarter. 99.57% of the stock is owned by hedge funds and other institutional investors.

Deckers Outdoor Corporation Company Profile

Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. The Company’s segments include operations of its brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions, and Direct-to-Consumer (DTC) business, which includes E-Commerce business and retail store business.

Analyst Recommendations for Deckers Outdoor Corporation (NYSE:DECK)

Receive News & Ratings for Deckers Outdoor Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply