Deckers Outdoor Corp (NYSE:DECK) Director Lauri M. Shanahan sold 1,813 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $155.53, for a total transaction of $281,975.89. Following the transaction, the director now directly owns 12,131 shares in the company, valued at approximately $1,886,734.43. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Shares of DECK stock opened at $167.72 on Wednesday. Deckers Outdoor Corp has a 1 year low of $101.69 and a 1 year high of $168.51. The firm has a market cap of $4.67 billion, a P/E ratio of 18.97, a P/E/G ratio of 1.63 and a beta of 0.75. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.26 and a current ratio of 4.37.

Deckers Outdoor (NYSE:DECK) last announced its earnings results on Thursday, May 23rd. The textile maker reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.75. Deckers Outdoor had a net margin of 13.08% and a return on equity of 27.32%. The business had revenue of $394.10 million for the quarter, compared to analyst estimates of $378.82 million. During the same quarter in the previous year, the firm posted $0.50 earnings per share. Deckers Outdoor’s revenue was down 1.6% compared to the same quarter last year. Analysts predict that Deckers Outdoor Corp will post 8.45 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of DECK. Doyle Wealth Management acquired a new stake in Deckers Outdoor during the fourth quarter worth $27,000. Penserra Capital Management LLC acquired a new stake in Deckers Outdoor during the fourth quarter worth $31,000. Quadrant Capital Group LLC boosted its stake in Deckers Outdoor by 284.1% during the first quarter. Quadrant Capital Group LLC now owns 242 shares of the textile maker’s stock worth $34,000 after buying an additional 179 shares in the last quarter. Enlightenment Research LLC acquired a new stake in Deckers Outdoor during the fourth quarter worth $38,000. Finally, C M Bidwell & Associates Ltd. acquired a new stake in Deckers Outdoor during the first quarter worth $84,000.

Several equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of Deckers Outdoor from a “hold” rating to a “buy” rating and set a $158.00 price objective on the stock in a research report on Wednesday, May 29th. ValuEngine raised shares of Deckers Outdoor from a “hold” rating to a “buy” rating in a research report on Tuesday. Susquehanna Bancshares raised shares of Deckers Outdoor from a “neutral” rating to a “positive” rating and lifted their price target for the company from $161.00 to $169.00 in a research report on Tuesday, May 14th. Telsey Advisory Group reissued an “outperform” rating and issued a $173.00 price target (up previously from $150.00) on shares of Deckers Outdoor in a research report on Friday, May 24th. Finally, Pivotal Research reissued a “hold” rating and issued a $146.00 price target (up previously from $138.00) on shares of Deckers Outdoor in a research report on Monday, May 20th. Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $145.50.

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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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