Susquehanna Bancshares Inc restated their neutral rating on shares of Deckers Outdoor Corporation (NYSE:DECK) in a research note released on Thursday morning. They currently have a $50.00 price objective on the stock, up from their prior price objective of $40.00.

DECK has been the topic of several other research reports. Zacks Investment Research upgraded Deckers Outdoor Corporation from a strong sell rating to a hold rating in a report on Tuesday, November 15th. B. Riley reiterated a neutral rating and set a $58.00 price target on shares of Deckers Outdoor Corporation in a report on Friday, January 27th. Jefferies Group LLC reiterated a buy rating and set a $75.00 price target on shares of Deckers Outdoor Corporation in a report on Thursday, December 1st. Brean Capital reiterated a buy rating and set a $65.00 price target on shares of Deckers Outdoor Corporation in a report on Thursday, December 1st. Finally, Canaccord Genuity reiterated a buy rating and set a $70.00 price target on shares of Deckers Outdoor Corporation in a report on Wednesday, November 30th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company’s stock. Deckers Outdoor Corporation has a consensus rating of Hold and a consensus target price of $59.32.

Shares of Deckers Outdoor Corporation (NYSE:DECK) traded down 0.36% during midday trading on Thursday, hitting $52.52. 254,904 shares of the stock were exchanged. Deckers Outdoor Corporation has a one year low of $44.00 and a one year high of $69.94. The stock’s market cap is $1.68 billion. The stock’s 50-day moving average price is $56.00 and its 200 day moving average price is $59.22.

Deckers Outdoor Corporation (NYSE:DECK) last released its quarterly earnings data on Thursday, February 2nd. The company reported $4.11 EPS for the quarter, missing analysts’ consensus estimates of $4.24 by $0.13. Deckers Outdoor Corporation had a positive return on equity of 12.45% and a negative net margin of 0.13%. The firm earned $760.30 million during the quarter, compared to analyst estimates of $789.08 million. During the same quarter in the prior year, the company posted $4.78 EPS. The company’s quarterly revenue was down 4.5% on a year-over-year basis. On average, analysts anticipate that Deckers Outdoor Corporation will post $3.49 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently modified their holdings of DECK. Elkfork Partners LLC purchased a new stake in shares of Deckers Outdoor Corporation during the fourth quarter valued at about $109,000. LS Investment Advisors LLC increased its stake in shares of Deckers Outdoor Corporation by 5.5% in the third quarter. LS Investment Advisors LLC now owns 2,097 shares of the company’s stock valued at $125,000 after buying an additional 110 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Deckers Outdoor Corporation by 2.5% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,288 shares of the company’s stock valued at $126,000 after buying an additional 55 shares during the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of Deckers Outdoor Corporation by 15.9% in the second quarter. Public Employees Retirement System of Ohio now owns 3,647 shares of the company’s stock valued at $210,000 after buying an additional 499 shares during the last quarter. Finally, Amalgamated Bank increased its stake in shares of Deckers Outdoor Corporation by 10.9% in the second quarter. Amalgamated Bank now owns 4,017 shares of the company’s stock valued at $266,000 after buying an additional 394 shares during the last quarter.

Deckers Outdoor Corporation Company Profile

Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. The Company’s segments include operations of its brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions, and Direct-to-Consumer (DTC) business, which includes E-Commerce business and retail store business.

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