Deckers Outdoor Is On Fire (DECK)

Shares of Deckers Outdoor DECK have been on absolute fire over the last month. The stock has surged more than 32% in that time and has added another 5.24% to $76.88 on Tuesday. Volume has been very heavy with more than 4 million shares trading compared to a daily average volume of just 1.5 million. Could this be a top? DECK trades at a trailing P/E of 21.99, a forward P/E of 18.84, and a PEG ratio of 0.80. The median Wall Street price target on DECK is $64.00 with a high target of $75.00. Those projections may be raised soon if the current price action continues.