Media headlines about Deckers Outdoor (NYSE:DECK) have trended somewhat positive on Tuesday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Deckers Outdoor earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the textile maker an impact score of 46.8132322675108 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of analysts have issued reports on DECK shares. Canaccord Genuity set a $76.00 target price on Deckers Outdoor and gave the company a “buy” rating in a report on Wednesday, October 25th. FIG Partners reissued a “buy” rating on shares of Deckers Outdoor in a report on Monday, October 16th. Stifel Nicolaus lifted their price objective on Deckers Outdoor from $74.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, October 6th. Pivotal Research initiated coverage on Deckers Outdoor in a research note on Thursday, October 5th. They issued a “buy” rating and a $80.00 price target on the stock. Finally, BidaskClub raised Deckers Outdoor from a “hold” rating to a “buy” rating in a research note on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $71.69.
Shares of Deckers Outdoor (NYSE DECK) opened at $82.95 on Tuesday. The firm has a market capitalization of $2,651.20, a price-to-earnings ratio of 82.95, a PEG ratio of 1.76 and a beta of 1.26. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.26 and a current ratio of 2.43. Deckers Outdoor has a 52-week low of $44.00 and a 52-week high of $83.10.
Deckers Outdoor (NYSE:DECK) last released its quarterly earnings data on Thursday, October 26th. The textile maker reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.52. The business had revenue of $482.50 million during the quarter, compared to the consensus estimate of $440.11 million. Deckers Outdoor had a return on equity of 15.23% and a net margin of 1.80%. The firm’s revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.21 earnings per share. research analysts forecast that Deckers Outdoor will post 4.34 EPS for the current year.
Deckers Outdoor announced that its board has approved a share repurchase plan on Thursday, October 26th that authorizes the company to repurchase $335.00 million in shares. This repurchase authorization authorizes the textile maker to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its stock is undervalued.
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Deckers Outdoor 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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