The price of Deckers Outdoor Corp. (NYSE:DECK) shares last traded on Wall Street rose 10.57% to $168.11.
DECK stock price is now 7.27% away from the 50-day moving average and 11.53% away from the 200-day moving average. The market capitalization of the company currently stands at $25.63B.
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With the price target enhanced from $183 to $190, Telsey Advisory Group maintained Outperform rating for Deckers Outdoor Corp. (NYSE: DECK). , while ‘Guggenheim’ rates the stock as ‘Neutral’
In other news, Fasching Steven J., Chief Financial Officer sold 9,198 shares of the company’s stock on Oct 04 ’24. The stock was sold for $1,533,031 at an average price of $166.67. Upon completion of the transaction, the Chief Financial Officer now directly owns 161,838 shares in the company, valued at $27.21 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 04 ’24, Officer Fasching Steven J. bought 9,198 shares of the business’s stock. A total of $1,533,030 was incurred on buying the stock at an average price of $166.67. A total of 0.88% of the company’s stock is owned by insiders.
During the past 12 months, Deckers Outdoor Corp. has had a low of $80.67 and a high of $184.48. As of last week, the company has a debt-to-equity ratio of 0.12, a current ratio of 3.08, and a quick ratio of 2.20. According to the stock market information, the enterprise value for the company is $24626008064, which is based on a 29.57 price-to-earnings ratio, a 2.28 price-to-earnings-growth ratio, and a beta of 1.05. The fifty day moving average price for DECK is $156.71916 and a two-hundred day moving average price translates $150.73637 for the stock.
The latest earnings results from Deckers Outdoor Corp. (NYSE: DECK) was released for 2024-09-30. The net profit margin was 18.78% and return on equity was 43.57% for DECK. The company reported revenue of $825.35 million for the quarter, compared to $675.79 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.13 percent.
