Equities analysts expect Deckers Outdoor Corporation (NYSE:DECK) to post sales of $437.67 million for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Deckers Outdoor Corporation’s earnings. The lowest sales estimate is $437.00 million and the highest is $438.40 million. Deckers Outdoor Corporation posted sales of $485.94 million during the same quarter last year, which suggests a negative year over year growth rate of 9.9%. The firm is expected to report its next earnings results on Thursday, October 26th.

According to Zacks, analysts expect that Deckers Outdoor Corporation will report full-year sales of $437.67 million for the current year, with estimates ranging from $1.76 billion to $1.78 billion. For the next fiscal year, analysts forecast that the firm will post sales of $1.80 billion per share, with estimates ranging from $1.76 billion to $1.84 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that follow Deckers Outdoor Corporation.

Deckers Outdoor Corporation (NYSE:DECK) last released its earnings results on Thursday, July 27th. The textile maker reported ($1.28) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.67) by $0.39. The firm had revenue of $209.70 million during the quarter, compared to analyst estimates of $178.36 million. Deckers Outdoor Corporation had a net margin of 1.23% and a return on equity of 14.25%. The business’s revenue was up 20.2% on a year-over-year basis. During the same quarter last year, the business earned ($1.80) EPS.

A number of equities research analysts recently issued reports on the stock. B. Riley reissued a “neutral” rating and issued a $68.00 price objective on shares of Deckers Outdoor Corporation in a report on Thursday, June 1st. ValuEngine raised shares of Deckers Outdoor Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Buckingham Research lowered shares of Deckers Outdoor Corporation from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 7th. BidaskClub raised shares of Deckers Outdoor Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Finally, Zacks Investment Research raised shares of Deckers Outdoor Corporation from a “hold” rating to a “buy” rating and set a $76.00 target price for the company in a research note on Thursday, June 1st. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $67.00.

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Deckers Outdoor Corporation (NYSE DECK) traded up 1.16% during midday trading on Friday, hitting $64.59. 350,576 shares of the stock traded hands. The firm has a market cap of $2.07 billion, a PE ratio of 92.80 and a beta of 1.27. The stock has a 50-day moving average of $65.90 and a 200 day moving average of $60.32. Deckers Outdoor Corporation has a 52-week low of $44.00 and a 52-week high of $72.72.

A number of hedge funds have recently modified their holdings of the stock. Northwestern Mutual Investment Management Company LLC boosted its stake in shares of Deckers Outdoor Corporation by 0.5% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 5,529 shares of the textile maker’s stock valued at $318,000 after buying an additional 25 shares during the period. Meeder Asset Management Inc. boosted its stake in shares of Deckers Outdoor Corporation by 0.6% in the second quarter. Meeder Asset Management Inc. now owns 13,892 shares of the textile maker’s stock valued at $948,000 after buying an additional 77 shares during the period. Stephens Inc. AR boosted its stake in shares of Deckers Outdoor Corporation by 0.5% in the first quarter. Stephens Inc. AR now owns 19,216 shares of the textile maker’s stock valued at $1,148,000 after buying an additional 87 shares during the period. State Treasurer State of Michigan boosted its stake in shares of Deckers Outdoor Corporation by 0.8% in the first quarter. State Treasurer State of Michigan now owns 13,000 shares of the textile maker’s stock valued at $776,000 after buying an additional 100 shares during the period. Finally, Advantus Capital Management Inc boosted its stake in shares of Deckers Outdoor Corporation by 2.6% in the first quarter. Advantus Capital Management Inc now owns 4,089 shares of the textile maker’s stock valued at $244,000 after buying an additional 102 shares during the period.

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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