Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
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 closing price of Deckers Outdoor Corp. (NYSE: DECK) was $156.79 for the day, down -0.55% from the previous closing price of $157.66. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 1.57 million shares were traded. DECK stock price reached its highest trading level at $158.94 during the session, while it also had its lowest trading level at $156.09.
Ratios:
Our analysis of DECK’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.45. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 23904673792 and an Enterprise Value of 22728712192. As of this moment, Deckers’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.97, and their Forward P/E ratio for the next fiscal year is 26.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.38 while its Price-to-Book (P/B) ratio in mrq is 11.53. Its current Enterprise Value per Revenue stands at 5.122 whereas that against EBITDA is 21.421.
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 2.48%, while the 200-Day Moving Average is calculated to be 6.73%.
Shares Statistics:
DECK traded an average of 2.01M shares per day over the past three months and 1862540 shares per day over the past ten 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 98.00% stake in the company. Shares short for DECK as of 1726185600 were 5539266 with a Short Ratio of 2.76, compared to 1723680000 on 5644236. Therefore, it implies a Short% of Shares Outstanding of 5539266 and a Short% of Float of 6.0100004.
