Deckers Outdoor (NYSE:DECK) Updates FY 2025 Earnings Guidance

Deckers Outdoor (NYSE:DECK) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 5.150-5.250 for the period, compared to the consensus earnings per share estimate of 5.320. The company issued revenue guidance of $4.8 billion-$4.8 billion, compared to the consensus revenue estimate of $4.8 billion. Deckers Outdoor also updated its FY25 guidance to $5.15-5.25 EPS.

Deckers Outdoor Price Performance

Shares of NYSE DECK traded up $16.07 during mid-day trading on Friday, hitting $168.11. The company had a trading volume of 8,426,623 shares, compared to its average volume of 2,269,710. Deckers Outdoor has a 1-year low of $80.67 and a 1-year high of $184.48. The company has a market capitalization of $4.28 billion, a PE ratio of 5.74, a price-to-earnings-growth ratio of 2.85 and a beta of 1.05. The business’s 50-day simple moving average is $105.11 and its 200 day simple moving average is $53.18.

Deckers Outdoor (NYSE:DECK) last posted its quarterly earnings results on Thursday, October 24th. The textile maker reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.35. Deckers Outdoor had a return on equity of 40.52% and a net margin of 18.45%. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter last year, the company earned $1.14 EPS. Deckers Outdoor’s revenue for the quarter was up 20.1% compared to the same quarter last year. On average, analysts expect that Deckers Outdoor will post 5.22 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Guggenheim started coverage on shares of Deckers Outdoor in a report on Wednesday, October 9th. They issued a “neutral” rating on the stock. Telsey Advisory Group increased their target price on Deckers Outdoor from $183.00 to $190.00 and gave the company an “outperform” rating in a report on Friday. Truist Financial lifted their price target on Deckers Outdoor from $204.17 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, October 8th. Stifel Nicolaus increased their price objective on Deckers Outdoor from $147.83 to $181.00 and gave the company a “hold” rating in a report on Friday. Finally, BTIG Research cut Deckers Outdoor from a “buy” rating to a “neutral” rating in a research note on Tuesday. Nine equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $149.50.

Insiders Place Their Bets

In other news, CFO Steven J. Fasching sold 9,198 shares of Deckers Outdoor stock in a transaction on Friday, October 4th. The stock was sold at an average price of $166.67, for a total value of $1,533,030.66. Following the completion of the sale, the chief financial officer now owns 161,838 shares of the company’s stock, valued at $26,973,539.46. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director David Powers sold 140,832 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $23.97, for a total transaction of $3,376,368.96. Following the completion of the sale, the director now owns 2,450,808 shares of the company’s stock, valued at approximately $58,756,760.24. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Steven J. Fasching sold 9,198 shares of Deckers Outdoor stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $166.67, for a total transaction of $1,533,030.66. Following the transaction, the chief financial officer now directly owns 161,838 shares in the company, valued at approximately $26,973,539.46. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.70% of the stock is currently owned by company insiders.

Deckers Outdoor Company Profile

Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally. The company offers premium footwear, apparel, and accessories under the UGG brand name; footwear, apparel, and accessories for ultra-runners and athletes under the HOKA brand name; and sandals, shoes, and boots under the Teva brand name.