Deckers Outdoor Corp (NYSE:DECK) Director John Mersman Gibbons sold 3,000 shares of Deckers Outdoor stock in a transaction that occurred on Friday, November 9th. The shares were sold at an average price of $134.00, for a total value of $402,000.00. Following the sale, the director now directly owns 28,663 shares in the company, valued at $3,840,842. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Deckers Outdoor stock traded down $2.17 during midday trading on Friday, hitting $134.11. The company’s stock had a trading volume of 675,360 shares, compared to its average volume of 787,677. The company has a current ratio of 2.41, a quick ratio of 1.26 and a debt-to-equity ratio of 0.04. Deckers Outdoor Corp has a 12 month low of $66.48 and a 12 month high of $137.49. The stock has a market cap of $4.07 billion, a PE ratio of 23.36, a price-to-earnings-growth ratio of 1.75 and a beta of 0.85.
Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, October 25th. The textile maker reported $2.38 EPS for the quarter, topping the consensus estimate of $1.72 by $0.66. Deckers Outdoor had a net margin of 7.69% and a return on equity of 23.27%. The firm had revenue of $501.91 million for the quarter, compared to analysts’ expectations of $496.22 million. During the same period in the previous year, the business earned $1.54 earnings per share. On average, equities analysts predict that Deckers Outdoor Corp will post 6.82 EPS for the current fiscal year.
A number of analysts have recently commented on the company. Pivotal Research set a $119.00 price target on Deckers Outdoor and gave the stock a “hold” rating in a research report on Wednesday, July 25th. Telsey Advisory Group boosted their target price on shares of Deckers Outdoor from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Friday, July 27th. Stifel Nicolaus lowered Deckers Outdoor from a “buy” rating to a “hold” rating and upped their price objective for the stock from $120.00 to $123.00 in a research note on Friday, July 27th. They noted that the move was a valuation call. Jefferies Financial Group reaffirmed a “hold” rating and issued a $116.00 target price on shares of Deckers Outdoor in a report on Friday, July 27th. Finally, Piper Jaffray Companies upped their target price on shares of Deckers Outdoor from $99.00 to $125.00 and gave the stock a “hold” rating in a report on Friday, July 27th. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $116.07.
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, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and footwear under the Sanuk brand name.
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