Deckers Outdoor Corp. (NYSE: DECK) closed the day trading at $877.82 down -2.54% from the previous closing price of $900.72. In other words, the price has decreased by -$22.90 from its previous closing price. On the day, 551787 shares were traded.
Ratios:
For a better understanding of DECK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.04. 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 this company, Barclays on April 01, 2024, initiated with a Overweight rating and assigned the stock a target price of $1110.
On February 15, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $960.
On February 07, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $960.KeyBanc Capital Markets initiated its Overweight rating on February 07, 2024, with a $960 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 22.53B and an Enterprise Value of 21.16B. As of this moment, Deckers’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.57, and their Forward P/E ratio for the next fiscal year is 28.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.47 while its Price-to-Book (P/B) ratio in mrq is 10.70. Its current Enterprise Value per Revenue stands at 5.14 whereas that against EBITDA is 21.45.
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 872.00, while the 200-Day Moving Average is calculated to be 654.27.
Shares Statistics:
Over the past 3-months, DECK traded about 438.76K shares per day on average, while over the past 10 days, DECK traded about 361.03k shares per day. 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 100.66% stake in the company. Shares short for DECK as of Mar 15, 2024 were 1.06M with a Short Ratio of 2.42, compared to 1.03M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.14% and a Short% of Float of 5.75%.
Earnings Estimates
Current recommendations for the stock of the company come from 19 analysts. 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
18 analysts predict $880.71M in revenue for the current 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.
