Deckers Outdoor Corp (DECK) saw downtrend of -0.82% in the recent trading with $110.00 being its most recent. The current price level -50.89% lower than the highest price of $223.98 marked by the stock while trading over the past 52-weeks, whereas it is 17.37% higher than the lowest price of $93.72 the company dropped to over past 52-weeks. The latest news story on DECK appeared in (Zacks) under the title “Deckers Bets Big on Wholesale: Will HOKA and UGG Sustain the Pace?”.
Looking into the simple moving average, Deckers Outdoor Corp (DECK)’s stock stands at a SMA-50 of $112.75 while that of 5-day is reading $108.85.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and DECK’s SMA-200 as of now is $154.79.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 15 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.08 for the stock.
Deckers Outdoor Corp Earnings – What Happened With DECK
Coming around sales and income figures on DECK Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
DECK – Deckers Outdoor Corp Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 150.20 million. DECK does have institutional investors; and they hold 99.78% of the stock.
Deckers Outdoor Corp – Insider Activity and Holdings
As on 2024-06-30, FMR LLC was the top most holder in Deckers Outdoor Corp (NYSE:DECK) with an ownership of 3.82 million shares of the company or 14.9791 of the stake worth $3.69 billion. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 11.3069 of the outstanding shares. Its stake is worth $2.79 billion for having 2.88 million shares in hand.
BLACKROCK INC. also came holding a key position in the company during the recent quarter and it now holds 10.0007 of the outstanding shares. With this there are now 1308.0 institutions which have possession in DECK’s shares.
Currently, the stock has been recommended as Moderate Buy by 15 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.08 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Deckers Outdoor Corp has a debt to equity ratio of 0.11.
