In the latest session, Deckers Outdoor Corp. (NYSE: DECK) closed at $810.13 down -6.65% from its previous closing price of $867.81. In other words, the price has decreased by -$57.68 from its previous closing price. On the day, 889232 shares were traded.
Ratios:
For a deeper understanding of Deckers Outdoor Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.34. For the most recent quarter (mrq), Quick Ratio is recorded 2.27 and its Current Ratio is at 2.86. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.11.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on April 10, 2024, Downgraded its rating to Hold and sets its target price to $864 from $983 previously.
On April 01, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $1110.
On February 15, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $960.Evercore ISI initiated its Outperform rating on February 15, 2024, with a $960 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 15 ’24 when Powers David sold 5,993 shares for $922.85 per share. The transaction valued at 5,530,618 led to the insider holds 98,218 shares of the business.
Stewart Bonita C. sold 3,500 shares of DECK for $3,048,885 on Feb 22 ’24. The Director now owns 8,863 shares after completing the transaction at $871.11 per share. On Feb 15 ’24, another insider, Powers David, who serves as the President & CEO of the company, sold 5,993 shares for $862.53 each. As a result, the insider received 5,169,170 and left with 98,218 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DECK now has a Market Capitalization of 20.79B and an Enterprise Value of 19.42B. As of this moment, Deckers’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.13, and their Forward P/E ratio for the next fiscal year is 26.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.04 while its Price-to-Book (P/B) ratio in mrq is 9.88. Its current Enterprise Value per Revenue stands at 4.71 whereas that against EBITDA is 19.69.
Stock Price History:
Over the past 52 weeks, DECK has reached a high of $956.17, while it has fallen to a 52-week low of $424.36. The 50-Day Moving Average of the stock is 882.33, while the 200-Day Moving Average is calculated to be 663.19.
Shares Statistics:
For the past three months, DECK has traded an average of 443.43K shares per day and 401.3k over the past ten days. A total of 26.18M shares are outstanding, with a floating share count of 25.42M. Insiders hold about 0.97% of the company’s shares, while institutions hold 100.77% stake in the company. Shares short for DECK as of Mar 28, 2024 were 909.58k with a Short Ratio of 2.05, compared to 1.01M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.54% and a Short% of Float of 4.92%.
Earnings Estimates
There are 19 different market analysts currently analyzing its stock. On average, analysts expect EPS of $2.78 for the current quarter, with a high estimate of $3.82 and a low estimate of $2.18, while EPS last year was $3.46. The consensus estimate for the next quarter is $2.92, with high estimates of $3.37 and low estimates of $2.42.
Analysts are recommending an EPS of between $28.07 and $23.51 for the fiscal current year, implying an average EPS of $26.86. EPS for the following year is $30.33, with 20 analysts recommending between $33.35 and $28.26.
Revenue Estimates
A total of 18 analysts believe the company’s revenue will be $880.71M this quarter.It ranges from a high estimate of $971.23M to a low estimate of $815.1M. As of the current estimate, Deckers Outdoor Corp.’s year-ago sales were $791.57M, an estimated increase of 11.30% from the year-ago figure.
A total of 19 analysts have provided revenue estimates for DECK’s current fiscal year. The highest revenue estimate was $4.3B, while the lowest revenue estimate was $4.14B, resulting in an average revenue estimate of $4.21B. In the same quarter a year ago, actual revenue was $3.63B, up 16.00% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $4.69B in the next fiscal year. The high estimate is $4.92B and the low estimate is $4.56B. The average revenue growth estimate for next year is up 11.50% from the average revenue estimate for this year.
