Deckers Outdoor Corporation (NYSE:DECK) went up by 0.03% from its latest closing price compared to the recent 1-year high of $451.49. The company’s stock price has collected -2.47% of loss in the last five trading sessions. Press Release reported on 11/16/21 that UGG Chooses Humor This Holiday To Highlight Brand As The Go-To Gift-Giving Destination
Is It Worth Investing in Deckers Outdoor Corporation (NYSE :DECK) Right Now?
Deckers Outdoor Corporation (NYSE:DECK) scored a price-to-earnings ratio above its average ratio, recording 27.41 x from its present earnings ratio. Plus, the 36-month beta value for DECK is at 0.79. Opinions of the stock are interesting as 9 analysts out of 13 who provided ratings for Deckers Outdoor Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $476.33, which is $50.29 above the current price. DECK currently public float of 26.98M and currently shorts hold a 3.67% ratio of that float. Today, the average trading volume of DECK was 457.88K shares.
DECK’s Market Performance
DECK stocks went down by -2.47% for the week, with a monthly jump of 12.78% and a quarterly performance of 0.69%, while its annual performance rate touched 64.18%. The volatility ratio for the week stands at 3.30% while the volatility levels for the past 30 days are set at 3.75% for Deckers Outdoor Corporation. The simple moving average for the period of the last 20 days is 2.22% for DECK stocks with a simple moving average of 15.28% for the last 200 days.
Analysts’ Opinion of DECK
Many brokerage firms have already submitted their reports for DECK stocks, with Wedbush repeating the rating for DECK by listing it as a “Neutral.” The predicted price for DECK in the upcoming period, according to Wedbush is $390 based on the research report published on October 05th of the current year 2021.
Stifel, on the other hand, stated in their research note that they expect to see DECK reach a price target of $445, previously predicting the price at $425. The rating they have provided for DECK stocks is “Buy” according to the report published on July 30th, 2021.
Jefferies gave a rating of “Buy” to DECK, setting the target price at $475 in the report published on July 30th of the current year.
DECK Trading at 7.79% from the 50-Day Moving Average
After a stumble in the market that brought DECK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.64% of loss for the given period.
Volatility was left at 3.75%, however, over the last 30 days, the volatility rate increased by 3.30%, as shares surge +13.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.34% lower at present.
During the last 5 trading sessions, DECK fell by -2.47%, which changed the moving average for the period of 200-days by +32.80% in comparison to the 20-day moving average, which settled at $419.27. In addition, Deckers Outdoor Corporation saw 48.56% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at DECK starting from Yang Wendy W, who sale 14,383 shares at the price of $420.94 back on Nov 15. After this action, Yang Wendy W now owns 24,809 shares of Deckers Outdoor Corporation, valued at $6,054,419 using the latest closing price.
Lafitte David E., the COO of Deckers Outdoor Corporation, sale 500 shares at $395.48 during a trade that took place back on Nov 01, which means that Lafitte David E. is holding 24,499 shares at $197,740 based on the most recent closing price.
Stock Fundamentals for DECK
Current profitability levels for the company are sitting at:
- +20.53 for the present operating margin
- +52.38 for the gross margin
The net margin for Deckers Outdoor Corporation stands at +15.02. The total capital return value is set at 33.69, while invested capital returns managed to touch 25.45. Equity return is now at value 30.00, with 19.00 for asset returns.
Based on Deckers Outdoor Corporation (DECK), the company’s capital structure generated 15.44 points at debt to equity in total, while total debt to capital is 13.38. Total debt to assets is 10.05, with long-term debt to equity ratio resting at 12.21. Finally, the long-term debt to capital ratio is 10.57.
When we switch over and look at the enterprise to sales, we see a ratio of 3.78, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 11.68 and the total asset turnover is 1.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.52.