Deckers Outdoor Corporation’s Stock Price Drops to $158.83, Experiencing a 4.78% Decline: Time to Buy or Sell?

Deckers Outdoor Corporation (DECK)

158.83 USD -7.98 (-4.78%) Volume: 2.76M

Deckers Outdoor Corporation’s stock price, currently at 158.83 USD, experienced a dip of -4.78% this trading session, with a trading volume of 2.76M. However, DECK’s year-to-date performance remains strong with a rise of +42.57%, highlighting its resilience in the market.

Latest developments on Deckers Outdoor Corporation

Deckers Outdoor Corporation (NYSE:DECK) has been making headlines recently as its stock price movements have been closely watched. Despite a recent downgrade to Neutral from Buy at Seaport Research, the company’s CFO sold $1.53 million in common stock, while its price target was adjusted to $183 at Evercore ISI due to a split. Deckers Outdoor has also joined the elite club of stocks with RS ratings over 90, showcasing its strong performance. However, shares were down 3.9% amid weak brand momentum, leading to questions about whether now is the right time to consider buying Deckers stock. With earnings looming, investors are keeping a close eye on Deckers as its stock holds a perfect score and builds a solid base for potential growth.

Deckers Outdoor Corporation on Smartkarma

Deckers Outdoor Corporation has been receiving positive analyst coverage on Smartkarma, with research reports from Baptista Research highlighting the company’s strong financial performance. In the first quarter of fiscal 2025, Deckers Brands saw a commendable revenue growth of 22% reaching $825 million, supported by an impressive gross margin improvement to 56.9%. Baptista Research aims to evaluate the different factors influencing the company’s price in the near future and is conducting an independent valuation using a Discounted Cash Flow methodology.

Furthermore, in the fourth quarter fiscal of 2024, Deckers Brands achieved record revenue growth of 18% compared to the previous year, nearing $4.3 billion in annual revenue. The company’s gross margin also saw a significant increase of 530 basis points to 55.6%, with earnings per share rising by 51% to $29.16. These results reflect Deckers’ successful long-term strategies and the dedication of its employees, as outlined in the research reports by Baptista Research on Smartkarma.

A look at Deckers Outdoor Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Deckers Outdoor Corporation, a company that designs and markets footwear and accessories, has received mixed scores on its long-term outlook according to Smartkarma Smart Scores. While the company scored high in growth and resilience, with a score of 4 and 5 respectively, it scored lower in value and dividend, with scores of 2 and 1. This indicates that Deckers Outdoor may have strong potential for growth and the ability to weather economic downturns, but may not be the most attractive option for value or dividend-seeking investors.

Despite its lower scores in value and dividend, Deckers Outdoor‘s momentum score of 4 suggests that the company may still have positive momentum in the market. Overall, Deckers Outdoor Corporation appears to be a company with strong growth potential and resilience, making it a potentially promising investment option for those looking for long-term growth opportunities in the footwear and accessories industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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