News coverage about Deckers Outdoor Corp (NYSE:DECK) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Deckers Outdoor Corp earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave headlines about the textile maker an impact score of 45.1082357605348 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment’s analysis:
- Brokerages Expect Deckers Outdoor Corporation (DECK) Will Announce Earnings of $1.03 Per Share (americanbankingnews.com)
- Marcato Raises Stake in DECKERS OUTDOOR CORP (DECK) to 8.4% – StreetInsider.com (streetinsider.com)
- Top Ranked Momentum Stocks to Buy for October 19th (finance.yahoo.com)
- BRIEF-Marcato Capital increases its stake in Deckers Outdoor – SEC filing (reuters.com)
- Deckers Outdoor Corporation (DECK) Set to Announce Quarterly Earnings on Wednesday (americanbankingnews.com)
A number of analysts recently commented on DECK shares. UBS AG cut shares of Deckers Outdoor Corp to a “neutral” rating in a research note on Monday, October 16th. BidaskClub upgraded shares of Deckers Outdoor Corp from a “hold” rating to a “buy” rating in a research note on Tuesday, October 3rd. Zacks Investment Research cut shares of Deckers Outdoor Corp from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Susquehanna Bancshares Inc restated a “neutral” rating and set a $57.00 price target (down from $60.00) on shares of Deckers Outdoor Corp in a research note on Monday, July 24th. Finally, Piper Jaffray Companies restated a “hold” rating and set a $66.00 price target on shares of Deckers Outdoor Corp in a research note on Friday, September 29th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $67.29.
Shares of Deckers Outdoor Corp (DECK) traded up 0.24% during trading on Monday, hitting $66.25. 231,569 shares of the stock were exchanged. The firm has a 50 day moving average of $66.02 and a 200-day moving average of $64.14. The stock has a market cap of $2.12 billion, a PE ratio of 95.19 and a beta of 1.34. Deckers Outdoor Corp has a 52-week low of $44.00 and a 52-week high of $72.72.
Deckers Outdoor Corp (NYSE:DECK) last released its earnings results on Thursday, July 27th. The textile maker reported ($1.28) EPS for the quarter, topping the consensus estimate of ($1.67) by $0.39. Deckers Outdoor Corp had a negative net margin of 20.08% and a negative return on equity of 18.09%. The firm had revenue of $209.70 million for the quarter, compared to the consensus estimate of $178.36 million. During the same quarter in the previous year, the firm earned ($1.80) earnings per share. The company’s quarterly revenue was up 20.2% compared to the same quarter last year. Equities research analysts anticipate that Deckers Outdoor Corp will post $4.09 earnings per share for the current fiscal year.
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Deckers Outdoor Corp 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.
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