Deckers Outdoor (DECK) Reaches New 12-Month High and Low at $103.09

Deckers Outdoor Co. (NYSE:DECK) shares reached a new 52-week high and low during trading on Friday . The stock traded as low as $103.09 and last traded at $102.84, with a volume of 22799 shares traded. The stock had previously closed at $101.38.

Several brokerages recently issued reports on DECK. Canaccord Genuity reaffirmed a “buy” rating and set a $100.00 target price (up from $78.00) on shares of Deckers Outdoor in a research report on Monday, January 29th. Stifel Nicolaus upped their target price on Deckers Outdoor from $93.00 to $107.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. ValuEngine raised Deckers Outdoor from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Pivotal Research reaffirmed a “buy” rating and set a $102.00 target price (up from $80.00) on shares of Deckers Outdoor in a research report on Tuesday, January 30th. Finally, Zacks Investment Research lowered Deckers Outdoor from a “buy” rating to a “hold” rating in a research report on Wednesday, April 4th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company’s stock. Deckers Outdoor currently has a consensus rating of “Hold” and an average target price of $88.29.

The company has a quick ratio of 2.16, a current ratio of 3.25 and a debt-to-equity ratio of 0.03. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of 26.79, a PEG ratio of 1.48 and a beta of 1.00.

In other news, COO David E. Lafitte sold 600 shares of the stock in a transaction dated Monday, April 9th. The stock was sold at an average price of $92.93, for a total value of $55,758.00. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.90% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently modified their holdings of the company. Robecosam AG boosted its stake in shares of Deckers Outdoor by 0.7% in the first quarter. Robecosam AG now owns 71,238 shares of the textile maker’s stock worth $6,414,000 after buying an additional 500 shares during the last quarter. Meadow Creek Investment Management LLC increased its holdings in shares of Deckers Outdoor by 22.1% in the fourth quarter. Meadow Creek Investment Management LLC now owns 3,278 shares of the textile maker’s stock valued at $263,000 after purchasing an additional 594 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of Deckers Outdoor by 0.8% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 101,263 shares of the textile maker’s stock valued at $8,126,000 after purchasing an additional 766 shares during the last quarter. Aviance Capital Partners LLC increased its holdings in shares of Deckers Outdoor by 8.6% in the first quarter. Aviance Capital Partners LLC now owns 10,364 shares of the textile maker’s stock valued at $933,000 after purchasing an additional 819 shares during the last quarter. Finally, Xact Kapitalforvaltning AB increased its holdings in shares of Deckers Outdoor by 28.6% in the first quarter. Xact Kapitalforvaltning AB now owns 4,044 shares of the textile maker’s stock valued at $364,000 after purchasing an additional 900 shares during the last quarter.

About Deckers Outdoor

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 under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and sidewalk surfers shoe, and yoga mat and beer cozy sandal collections under the Sanuk brand name.

Receive News & Ratings for Deckers Outdoor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deckers Outdoor and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply