Forecasting The Future: 19 Analyst Projections For Deckers Outdoor

Analysts' ratings for Deckers Outdoor DECK over the last quarter vary from bullish to bearish, as provided by 19 analysts.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 7 8 4 0 0
Last 30D 1 0 0 0 0
1M Ago 1 1 1 0 0
2M Ago 3 2 0 0 0
3M Ago 2 5 3 0 0

Analysts have recently evaluated Deckers Outdoor and provided 12-month price targets. The average target is $208.05, accompanied by a high estimate of $246.00 and a low estimate of $170.00. This upward trend is evident, with the current average reflecting a 9.38% increase from the previous average price target of $190.21.

price target chart

Deciphering Analyst Ratings: An In-Depth Analysis

A clear picture of Deckers Outdoor's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Joseph Civello Truist Securities Raises Buy $235.00 $230.00
Ike Boruchow Wells Fargo Raises Equal-Weight $215.00 $170.00
JESALYN Wong Evercore ISI Group Raises Outperform $235.00 $195.00
Tom Nikic Needham Raises Buy $246.00 $226.00
Jonathan Komp Baird Raises Outperform $225.00 $195.00
Ashley Owens Keybanc Raises Overweight $213.00 $190.00
Tom Nikic Needham Raises Buy $226.00 $218.00
Joseph Civello Truist Securities Raises Buy $230.00 $205.00
Tom Nikic Needham Announces Buy $218.00 -
Jay Sole UBS Raises Buy $232.00 $226.00
Dana Telsey Telsey Advisory Group Raises Outperform $190.00 $183.00
John Kernan TD Cowen Raises Buy $185.00 $178.00
JESALYN Wong Evercore ISI Group Raises Outperform $195.00 $185.00
Adrienne Yih Barclays Raises Overweight $190.00 $180.00
Ashley Owens Keybanc Raises Overweight $190.00 $180.00
Jim Duffy Stifel Raises Hold $181.00 $147.83
Christopher Nardone B of A Securities Raises Neutral $182.00 $170.00
Ike Boruchow Wells Fargo Raises Equal-Weight $170.00 $165.00
Jonathan Komp Baird Raises Outperform $195.00 $180.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Deckers Outdoor. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Deckers Outdoor compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Deckers Outdoor's stock. This analysis reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Deckers Outdoor's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on Deckers Outdoor analyst ratings.

Delving into Deckers Outdoor's Background

Founded in 1973, California-based Deckers designs and sells casual and performance footwear, apparel, and accessories. In fiscal 2024, Ugg and Hoka accounted for 52% and 42% of total sales, respectively. The firm also markets niche brands Teva, Ahnu, and Koolaburra. Deckers generates most of its sales through wholesale partnerships, but also operates e-commerce in more than 50 countries and about 178 company-operated stores. The company generated 67% of its fiscal 2024 sales in the United States.

A Deep Dive into Deckers Outdoor's Financials

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Revenue Growth: Over the 3 months period, Deckers Outdoor showcased positive performance, achieving a revenue growth rate of 20.09% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.

Net Margin: Deckers Outdoor's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 18.48%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Deckers Outdoor's ROE excels beyond industry benchmarks, reaching 11.28%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Deckers Outdoor's ROA excels beyond industry benchmarks, reaching 7.23%. This signifies efficient management of assets and strong financial health.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.12.

Analyst Ratings: What Are They?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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