Deckers Outdoor Corp (NYSE:DECK) has been assigned a consensus recommendation of “Hold” from the seventeen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Thirteen analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $131.15.
A number of analysts have recently weighed in on the stock. ValuEngine raised shares of Deckers Outdoor from a “hold” rating to a “buy” rating in a research report on Monday, April 15th. Susquehanna Bancshares reissued a “neutral” rating and set a $161.00 price target (up previously from $150.00) on shares of Deckers Outdoor in a research report on Wednesday, February 27th. Zacks Investment Research downgraded shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 3rd. Jefferies Financial Group set a $132.00 price target on shares of Deckers Outdoor and gave the stock a “hold” rating in a research report on Saturday, February 2nd. Finally, Robert W. Baird raised their price target on shares of Deckers Outdoor from $125.00 to $145.00 and gave the stock a “neutral” rating in a research report on Monday, February 4th.
NYSE:DECK traded up $0.68 during trading hours on Tuesday, hitting $153.40. The stock had a trading volume of 364,964 shares, compared to its average volume of 412,246. The company has a quick ratio of 2.19, a current ratio of 3.06 and a debt-to-equity ratio of 0.03. Deckers Outdoor has a 1-year low of $88.87 and a 1-year high of $154.64. The company has a market capitalization of $4.47 billion, a price-to-earnings ratio of 26.72, a price-to-earnings-growth ratio of 1.54 and a beta of 0.72.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Eqis Capital Management Inc. lifted its stake in Deckers Outdoor by 19.9% during the first quarter. Eqis Capital Management Inc. now owns 3,096 shares of the textile maker’s stock worth $455,000 after purchasing an additional 514 shares during the last quarter. Oakbrook Investments LLC bought a new stake in Deckers Outdoor in the first quarter valued at $265,000. Wedbush Securities Inc. lifted its stake in Deckers Outdoor by 7.7% in the first quarter. Wedbush Securities Inc. now owns 1,783 shares of the textile maker’s stock valued at $262,000 after buying an additional 127 shares during the last quarter. Meeder Asset Management Inc. lifted its stake in Deckers Outdoor by 20.2% in the first quarter. Meeder Asset Management Inc. now owns 2,801 shares of the textile maker’s stock valued at $412,000 after buying an additional 471 shares during the last quarter. Finally, Retirement Systems of Alabama lifted its stake in Deckers Outdoor by 0.4% in the first quarter. Retirement Systems of Alabama now owns 37,922 shares of the textile maker’s stock valued at $5,574,000 after buying an additional 153 shares during the last quarter.
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. It offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and footwear under the Sanuk brand name.
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