Deckers Outdoor Corporation (NYSE:DECK) Touching New 52-week High

Elias Hubbard
February 3, 2018

Investors who took positions in shares of Moelis & Company (NYSE:MC) are riding high as the stock has performed solidly over the past few months, marking a 21.05% increase for the quarter. 35 funds opened positions while 82 raised stakes.

Non-GAAP diluted earnings per share are expected to be in the range of $0.15 to $0.20. Peak6 Ltd Partnership holds 0.02% of its portfolio in Deckers Outdoor Corporation (NYSE:DECK) for 47,863 shares. State Street, a Massachusetts-based fund reported 333.61 million shares. Verition Fund Limited Liability Corporation holds 7,410 shares or 0.04% of its portfolio. Falcon Point Capital Lc owns 170,471 shares. Cap Invest Advsr Limited Liability Corp holds 0.43% in General Electric Company (NYSE:GE) or 259,340 shares. Morgan Stanley maintained the shares of DECK in report on Monday, August 7 with "Equal-Weight" rating. The Massachusetts-based Wellington Mgmt Group Llp has invested 0.03% in Deckers Outdoor Corporation (NYSE:DECK). Cue Fincl Inc holds 9,569 shares or 0.16% of its portfolio. Finally, Wedbush reiterated a neutral rating and issued a $72.00 price target (up previously from $64.00) on shares of Deckers Outdoor in a research note on Tuesday, December 19th.

Investors may be interested in viewing the Gross Margin score on shares of Columbia Sportswear Company (NasdaqGS:COLM).

Diluted earnings per share was $2.69 compared to $1.27 for the same period previous year. Stevens Management L P holds 0.02% or 7,079 shares in its portfolio. Deckers Outdoor Corporation (NYSE:DECK) has an M-Score of -3.468641.

Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. Mycio Wealth Partners Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $139.92B market cap company. The 1-year high was reported on Feb, 2 by Barchart.com. The company still intends to repurchase approximately $75 million worth of stock prior to the end of fiscal year 2018. Public Employees Retirement System of OH now owns 4,370 shares of the textile maker's stock valued at $298,000 after purchasing an additional 270 shares in the last quarter. About 794,042 shares traded or 34.37% up from the average. Deckers Outdoor Corporation (NYSE:DECK) has risen 19.41% since February 2, 2017 and is uptrending. It has outperformed by 2.71% the S&P500. Robert W. Baird reiterated a "hold" rating and set a $67.00 price target on shares of Deckers Outdoor in a report on Friday, October 6th. Therefore 32% are positive. Moreover, Shine Inv Advisory has 0.01% invested in Deckers Outdoor Corporation (NYSE:DECK). $74.63's average target is -18.84% below currents $91.95 stock price.

Deckers Outdoor announced that its Board of Directors has initiated a stock repurchase plan on Thursday, October 26th that allows the company to buyback $335.00 million in outstanding shares. London Co Of Virginia reported 0.57% of its portfolio in Deckers Outdoor Corporation (NYSE:DECK).

When it reported second-quarter results in October, Deckers forecast net sales would be in the range of up approximately one percent to up two percent versus past year, gross margin to be approximately 47.5 percent, SG&A expenses as a percentage of sales to be approximately 37 percent and non-GAAP diluted earnings per share are expected to be in the range of $4.15 to $4.30. On Tuesday, October 24 the stock rating was downgraded by Oppenheimer to "Underperform". The firm has "Buy" rating given on Friday, July 28 by Stifel Nicolaus. Including today's unusual volume, Deckers Outdoor Corporation's stock is performing at 8.74% on the year. The firm earned "Neutral" rating on Tuesday, October 27 by Sterne Agee CRT. The company was maintained on Monday, July 17 by Oppenheimer. It offers premium footwear under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and sidewalk surfers shoe, and yoga mat and beer cozy sandal collections under the Sanuk brand name. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued. The firm also provides running footwear under the Hoka brand name; and fashion casual footwear using sheepskin and other plush materials under the Koolaburra brand.

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