Deckers Outdoor Corp (DECK) Stock: A Review of the Recent Movement

The stock of Deckers Outdoor Corp (DECK) has gone up by 3.95% for the week, with a 6.59% rise in the past month and a 33.17% rise in the past quarter. The volatility ratio for the week is 2.66%, and the volatility levels for the past 30 days are 2.62% for DECK. The simple moving average for the past 20 days is 2.65% for DECK’s stock, with a 29.82% simple moving average for the past 200 days.

Is It Worth Investing in Deckers Outdoor Corp (NYSE: DECK) Right Now?

The price-to-earnings ratio for Deckers Outdoor Corp (NYSE: DECK) is 36.86x, which is above its average ratio. Moreover, the 36-month beta value for DECK is 1.09. Analysts have varying opinions on the stock, with 9 analysts rating it as a “buy,” 5 as “overweight,” 9 as “hold,” and 1 as “sell.”

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The public float for DECK is 150.80M and currently, short sellers hold a 2.05% of that float. On December 27, 2024, DECK’s average trading volume was 1.94M shares.

DECK) stock’s latest price update

Deckers Outdoor Corp (NYSE: DECK) has seen a rise in its stock price by 0.68 in relation to its previous close of 208.01. However, the company has experienced a 3.95% gain in its stock price over the last five trading sessions. zacks.com reported 2024-12-26 that In the closing of the recent trading day, Deckers (DECK) stood at $209.43, denoting a +0.68% change from the preceding trading day.

Analysts’ Opinion of DECK

Many brokerage firms have already submitted their reports for DECK stocks, with Needham repeating the rating for DECK by listing it as a “Buy.” The predicted price for DECK in the upcoming period, according to Needham is $226 based on the research report published on December 05, 2024 of the current year 2024.

Needham, on the other hand, stated in their research note that they expect to see DECK reach a price target of $218. The rating they have provided for DECK stocks is “Buy” according to the report published on November 22nd, 2024.

Telsey Advisory Group gave a rating of “Outperform” to DECK, setting the target price at $190 in the report published on October 25th of the current year.

DECK Trading at 13.90% 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 -2.46% of loss for the given period.

Volatility was left at 2.62%, however, over the last 30 days, the volatility rate increased by 2.66%, as shares surge +7.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.40% upper at present.

During the last 5 trading sessions, DECK rose by +3.95%, which changed the moving average for the period of 200-days by +37.32% in comparison to the 20-day moving average, which settled at $204.02. In addition, Deckers Outdoor Corp saw 87.99% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at DECK starting from Stefano Caroti, who sale 14,274 shares at the price of $208.34 back on Dec 11 ’24. After this action, Stefano Caroti now owns 259,266 shares of Deckers Outdoor Corp, valued at $2,973,845 using the latest closing price.

Stefano Caroti, the Officer of Deckers Outdoor Corp, proposed sale 14,274 shares at $208.34 during a trade that took place back on Dec 11 ’24, which means that Stefano Caroti is holding shares at $2,973,845 based on the most recent closing price.

Stock Fundamentals for DECK

Current profitability levels for the company are sitting at:

  • 0.23 for the present operating margin
  • 0.57 for the gross margin

The net margin for Deckers Outdoor Corp stands at 0.19. The total capital return value is set at 0.42. Equity return is now at value 43.57, with 28.03 for asset returns.

Currently, EBITDA for the company is 1.04 billion with net debt to EBITDA at -0.85. When we switch over and look at the enterprise to sales, we see a ratio of 6.62. The receivables turnover for the company is 7.87for trailing twelve months and the total asset turnover is 1.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.08.

Conclusion

To wrap up, the performance of Deckers Outdoor Corp (DECK) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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