In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Deckers Outdoor Corp. (NYSE: DECK) closed at $152.11 in the last session, down -3.26% from day before closing price of $157.23. In other words, the price has decreased by -$3.26 from its previous closing price. On the day, 2.2 million shares were traded. DECK stock price reached its highest trading level at $160.79 during the session, while it also had its lowest trading level at $152.04.
Ratios:
We take a closer look at DECK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.69. For the most recent quarter (mrq), Quick Ratio is recorded 2.04 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 0.10.
On May 28, 2024, Truist Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $1011 to $1200.
Telsey Advisory Group reiterated its Outperform rating for the stock on May 24, 2024, while the target price for the stock was revised from $985 to $1100.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 06 ’24 when Powers David sold 3,912 shares for $863.08 per share. The transaction valued at 3,376,369 led to the insider holds 68,078 shares of the business.
Ibrahim Maha Saleh sold 50 shares of DECK for $43,253 on Sep 06 ’24. The Director now owns 1,689 shares after completing the transaction at $865.06 per share. On Sep 06 ’24, another insider, Ibrahim Maha Saleh, who serves as the Director of the company, bought 50 shares for $880.54 each.
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 23191148544 and an Enterprise Value of 22015182848. As of this moment, Deckers’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.07, and their Forward P/E ratio for the next fiscal year is 26.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.22 while its Price-to-Book (P/B) ratio in mrq is 11.19. Its current Enterprise Value per Revenue stands at 4.961 whereas that against EBITDA is 20.748.
Stock Price History:
Over the past 52 weeks, DECK has reached a high of $184.48, while it has fallen to a 52-week low of $80.67. The 50-Day Moving Average of the stock is 0.35%, while the 200-Day Moving Average is calculated to be 4.95%.
Shares Statistics:
According to the various share statistics, DECK traded on average about 2.06M shares per day over the past 3-months and 1722770 shares per day over the past 10 days. A total of 153.56M shares are outstanding, with a floating share count of 151.11M. Insiders hold about 0.89% of the company’s shares, while institutions hold 97.94% stake in the company. Shares short for DECK as of 1724976000 were 5079486 with a Short Ratio of 2.47, compared to 1722384000 on 5015934. Therefore, it implies a Short% of Shares Outstanding of 5079486 and a Short% of Float of 5.510000000000001.
