Deckers Outdoor Corp (DECK) Forecasted to Post FY2021 Earnings of $8.75 Per Share
Deckers Outdoor Corp (NYSE:DECK) – Research analysts at Wedbush issued their FY2021 earnings per share estimates for Deckers Outdoor in a research report issued on Monday, May 13th. Wedbush analyst C. Svezia anticipates that the textile maker will post earnings of $8.75 per share for the year.
DECK has been the subject of a number of other research reports. ValuEngine upgraded shares of Deckers Outdoor from a “hold” rating to a “buy” rating in a report on Saturday, February 2nd. Wells Fargo & Co started coverage on shares of Deckers Outdoor in a report on Tuesday, April 23rd. They issued a “market perform” rating and a $163.00 price target for the company. Jefferies Financial Group set a $132.00 price target on shares of Deckers Outdoor and gave the company a “hold” rating in a report on Saturday, February 2nd. Canaccord Genuity set a $143.00 price target on shares of Deckers Outdoor and gave the company a “buy” rating in a report on Friday, January 18th. Finally, Bank of America reiterated a “neutral” rating and issued a $150.00 price target (up previously from $134.00) on shares of Deckers Outdoor in a report on Friday, February 1st. Fourteen analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Deckers Outdoor has a consensus rating of “Hold” and an average target price of $132.00.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Premier Asset Management LLC acquired a new stake in Deckers Outdoor in the 4th quarter valued at about $241,000. Cigna Investments Inc. New grew its stake in Deckers Outdoor by 18.2% in the 4th quarter. Cigna Investments Inc. New now owns 4,211 shares of the textile maker’s stock valued at $539,000 after acquiring an additional 649 shares during the last quarter. Rational Advisors LLC acquired a new stake in Deckers Outdoor in the 4th quarter valued at about $135,000. Crossmark Global Holdings Inc. grew its stake in Deckers Outdoor by 64.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 4,530 shares of the textile maker’s stock valued at $580,000 after acquiring an additional 1,780 shares during the last quarter. Finally, Lavaca Capital LLC acquired a new stake in Deckers Outdoor in the 4th quarter valued at about $100,000.
Deckers Outdoor Company Profile
Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities. It offers premium footwear, apparel, and accessories under the UGG brand name; sandals, shoes, and boots under the Teva brand name; and footwear under the Sanuk brand name.
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