What Do Analysts Think Of Deckers Outdoor Corp (DECK)

Deckers Outdoor Corp (DECK) saw an uptrend of 2540916% in the recent trading with $3470000.0 being its most recent. The current price level -54.36% lower than the highest price of $223.98 marked by the stock while trading over the past 52-weeks, whereas it is 9.07% 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 (DECK) Surpasses Market Returns: Some Facts Worth Knowing” on Today.

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 2.12 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.

Deckers Outdoor Corp – Insider Activity and Holdings

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 100.25% of the stock.

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 1304.0 institutions which have possession in DECK’s shares.

Key Metrics forDECK

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.

Technical Analysis of Deckers Outdoor Corp (NYSE:DECK) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Deckers Outdoor Corp (DECK), we notice that the stock’s 20-day average volume is at 3,335,240 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 3,284,844 shares. And to end, DECK’s 100-day average volume is 3,627,304 shares with 100% of the long-term indicators pointing towards Sell for the stock.

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