Deckers Outdoor (NYSE:DECK) is scheduled to announce its earnings results after the market closes on Thursday, October 25th. Analysts expect the company to announce earnings of $1.70 per share for the quarter. Deckers Outdoor has set its Q2 guidance at $1.60-1.70 EPS and its FY19 guidance at $6.25-6.45 EPS.
Deckers Outdoor (NYSE:DECK) last announced its quarterly earnings results on Thursday, July 26th. The textile maker reported ($0.98) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.42) by $0.44. Deckers Outdoor had a net margin of 6.49% and a return on equity of 20.26%. The business had revenue of $250.60 million during the quarter, compared to analysts’ expectations of $226.31 million. During the same period last year, the business earned ($1.28) earnings per share. The business’s revenue for the quarter was up 19.5% on a year-over-year basis. On average, analysts expect Deckers Outdoor to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Shares of DECK opened at $110.40 on Thursday. Deckers Outdoor has a 1-year low of $63.32 and a 1-year high of $124.68. The stock has a market cap of $3.57 billion, a price-to-earnings ratio of 19.24, a P/E/G ratio of 1.54 and a beta of 1.07. The company has a quick ratio of 1.70, a current ratio of 2.93 and a debt-to-equity ratio of 0.03.
In other Deckers Outdoor news, Director Brian Spaly acquired 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 31st. The stock was purchased at an average price of $113.17 per share, for a total transaction of $113,170.00. Following the completion of the acquisition, the director now owns 1,087 shares of the company’s stock, valued at approximately $123,015.79. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.40% of the company’s stock.
A number of brokerages recently weighed in on DECK. ValuEngine upgraded shares of Deckers Outdoor from a “hold” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research cut shares of Deckers Outdoor from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Susquehanna Bancshares upgraded shares of Deckers Outdoor from a “negative” rating to a “neutral” rating and lifted their price objective for the company from $89.00 to $104.00 in a report on Thursday, August 23rd. UBS Group upgraded shares of Deckers Outdoor to a “neutral” rating in a report on Thursday, August 23rd. Finally, Buckingham Research lifted their price objective on shares of Deckers Outdoor from $99.00 to $109.00 and gave the company a “neutral” rating in a report on Thursday, August 16th. Thirteen research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $113.77.
Deckers Outdoor Company Profile
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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