Deckers Outdoor (NYSE:DECK) Issues FY 2027 Earnings Guidance

Deckers Outdoor (NYSE:DECK) updated its FY 2027 earnings guidance on Friday morning. The company provided earnings per share guidance of 7.800-7.950 for the period, compared to the consensus EPS estimate of 7.520. The company issued revenue guidance of $5.7 billion, compared to the consensus revenue estimate of $5.9 billion.

Analyst Ratings Changes

DECK has been the topic of a number of research reports. Wells Fargo & Company set a $70.00 target price on shares of Deckers Outdoor in a research note on Friday. The Goldman Sachs Group restated a “sell” rating on shares of Deckers Outdoor in a research report on Friday. Raymond James Financial set a $105.00 target price on Deckers Outdoor and gave the company an “outperform” rating in a research report on Friday, October 16th. Telsey Advisory Group restated a “market perform” rating on shares of Deckers Outdoor in a research note on Friday. Finally, Piper Sandler cut shares of Deckers Outdoor from a “neutral” rating to an “underweight” rating and reduced their price objective for the company from $100.00 to $75.00 in a report on Friday. Nine research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $105.95.

Deckers Outdoor Stock Performance

Shares of DECK opened at $81.58 on Friday. The stock’s 50-day simple moving average is $83.67 and its 200 day simple moving average is $97.00. Deckers Outdoor has a 52-week low of $77.20 and a 52-week high of $122.29. The stock has a market capitalization of $11.11 billion, a price-to-earnings ratio of 11.64, a price-to-earnings-growth ratio of 1.33 and a beta of 1.12.

Deckers Outdoor (NYSE:DECK) last issued its quarterly earnings results on Thursday, July 23rd. The textile maker reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.02 billion. Deckers Outdoor had a net margin of 18.54% and a return on equity of 41.51%. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.93 EPS. On average, research analysts forecast that Deckers Outdoor will post 7.50 earnings per share for the current fiscal year.

Trending Headlines about Deckers Outdoor

Here are the key news stories impacting Deckers Outdoor this week:

• Positive Sentiment: Deckers exceeded quarterly earnings expectations, with profit increasing year over year. HOKA revenue rose 7% to $677 million, while wholesale sales increased 9%, demonstrating continued demand for the brand. Deckers Beats Q2 Earnings Estimates
• Positive Sentiment: Stifel Nicolaus and Needham retained “buy” ratings despite lowering their price targets to $113 and $96, respectively. The revised targets still imply potential upside from the current trading level. Analysts Lower Deckers Forecasts
• Neutral Sentiment: Deckers appointed Rati Sahi Levesque to its board of directors, adding retail and brand-management experience but providing limited immediate impact on earnings. Deckers Appoints Rati Sahi Levesque to Board
• Negative Sentiment: Second-quarter revenue of approximately $1.48 billion increased about 3.5% year over year but fell short of the roughly $1.51 billion analyst estimate. Slower HOKA and UGG growth weakened the headline result. Deckers Q2 Revenue Miss
• Negative Sentiment: The company cut fiscal 2027 revenue guidance to approximately $5.7 billion-$5.73 billion and projected EPS of $7.80-$7.95. Higher U.S. promotions and aggressive discounting by competitors are raising concerns about demand and future margins. Deckers Results Show Discounts Hitting Premium Brands

Deckers Outdoor Company Profile

Deckers Outdoor Corporation, doing business as Deckers Brands (NYSE: DECK), is a global footwear, apparel and accessories company. Its portfolio includes UGG, known for sheepskin and casual footwear; HOKA, which focuses on performance and running shoes; Teva, which offers outdoor and sport sandals and footwear; and Koolaburra by UGG, a lifestyle footwear brand.

The company sells its products through department and specialty stores, independent retailers, international distributors, company-owned retail stores and e-commerce websites.