Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Deckers Outdoor Corporation (NYSE:DECK) Share Price
Media stories about Deckers Outdoor Corporation (NYSE:DECK) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Deckers Outdoor Corporation earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave headlines about the textile maker an impact score of 46.1702990409303 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Shining the Spotlight on Deckers Outdoor Corp (DECK)’s Numbers: Technicals At a Glance – Evergreen Caller (evergreencaller.com)
- Burgundy Asset Management Ltd. Sold A Little More Deckers Outdoor Corporation (DECK) Stock Last Quarter – Modern Readers (modernreaders.com)
- $437.67 Million in Sales Expected for Deckers Outdoor Corporation (NYSE:DECK) This Quarter (americanbankingnews.com)
- Deckers Outdoor Corporation (NYSE:DECK) Issues FY18 Earnings Guidance (overnewsmagazine.com)
Shares of Deckers Outdoor Corporation (NYSE:DECK) traded up 1.19% on Friday, reaching $64.61. The company’s stock had a trading volume of 464,290 shares. The stock has a 50-day moving average of $65.84 and a 200 day moving average of $60.36. Deckers Outdoor Corporation has a 1-year low of $44.00 and a 1-year high of $72.72. The stock has a market capitalization of $2.07 billion, a PE ratio of 92.83 and a beta of 1.27.
Deckers Outdoor Corporation (NYSE:DECK) last issued its quarterly earnings results on Thursday, July 27th. The textile maker reported ($1.28) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.67) by $0.39. The business had revenue of $209.70 million during the quarter, compared to the consensus estimate of $178.36 million. Deckers Outdoor Corporation had a net margin of 1.23% and a return on equity of 14.25%. The firm’s quarterly revenue was up 20.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($1.80) EPS. On average, equities analysts forecast that Deckers Outdoor Corporation will post $4.08 EPS for the current year.
DECK has been the topic of several research analyst reports. Jefferies Group LLC set a $68.00 price target on Deckers Outdoor Corporation and gave the stock a “buy” rating in a research note on Saturday, May 27th. Stifel Nicolaus boosted their price target on Deckers Outdoor Corporation from $70.00 to $74.00 and gave the stock a “buy” rating in a research note on Friday, May 26th. Canaccord Genuity reissued a “buy” rating and set a $69.00 price target on shares of Deckers Outdoor Corporation in a research note on Tuesday, May 23rd. Zacks Investment Research raised Deckers Outdoor Corporation from a “hold” rating to a “buy” rating and set a $67.00 price target on the stock in a research note on Tuesday, May 9th. Finally, ValuEngine raised Deckers Outdoor Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $67.00.
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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