The stock of Deckers Outdoor Corp (NYSE:DECK) is a huge mover today! The stock increased 4.53% or $2.8 during the last trading session, hitting $64.66. About 779,116 shares traded hands. Deckers Outdoor Corp (NYSE:DECK) has risen 6.00% since April 20, 2016 and is uptrending. It has outperformed by 1.44% the S&P500.
The move comes after 6 months positive chart setup for the $2.09 billion company. It was reported on Nov, 22 by Barchart.com. We have $69.83 PT which if reached, will make NYSE:DECK worth $167.20M more.
Deckers Outdoor Corp (NYSE:DECK) Ratings Coverage
Out of 19 analysts covering Deckers Outdoor (NYSE:DECK), 7 rate it a “Buy”, 3 “Sell”, while 9 “Hold”. This means 37% are positive. Deckers Outdoor has been the topic of 42 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating by B. Riley & Co given on Monday, January 4. Sterne Agee CRT downgraded the shares of DECK in a report on Tuesday, October 27 to “Neutral” rating. Susquehanna initiated the shares of DECK in a report on Friday, August 12 with “Neutral” rating. The company was downgraded on Tuesday, August 2 by Standpoint Research. The stock of Deckers Outdoor Corp (NYSE:DECK) earned “Neutral” rating by Piper Jaffray on Monday, November 30. As per Friday, February 5, the company rating was maintained by Macquarie Research. The stock has “Neutral” rating given by Bank of America on Friday, February 5. The rating was upgraded by Stifel Nicolaus to “Buy” on Friday, November 11. Citigroup maintained Deckers Outdoor Corp (NYSE:DECK) rating on Tuesday, March 29. Citigroup has “Buy” rating and $69 price target. On Friday, May 27 the stock rating was maintained by Goldman Sachs with “Buy”.
According to Zacks Investment Research, “DECKERS OUTDOOR CORP. designs, manufactures, and markets innovative, function-oriented footwear and apparel that have been developed for high-performance outdoor, sports and other lifestyle related activities, as well as for casual use.”
Insitutional Activity: The institutional sentiment increased to 0.85 in Q2 2016. Its up 0.18, from 0.67 in 2016Q1. The ratio is positive, as 45 funds sold all Deckers Outdoor Corp shares owned while 79 reduced positions. 17 funds bought stakes while 66 increased positions. They now own 32.81 million shares or 1.69% less from 33.38 million shares in 2016Q1.
Principal Financial Grp has 119,598 shares for 0.01% of their US portfolio. Moreover, Weaver C Barksdale & Associates Incorporated has 0.02% invested in Deckers Outdoor Corp (NYSE:DECK) for 163 shares. D E Shaw Company Incorporated has 0.01% invested in the company for 134,526 shares. The Connecticut-based Cubist Systematic Strategies Lc has invested 0.01% in Deckers Outdoor Corp (NYSE:DECK). The New York-based Morgan Stanley has invested 0% in Deckers Outdoor Corp (NYSE:DECK). California Employees Retirement, a California-based fund reported 90,600 shares. Oregon Pub Employees Retirement Fund, a Oregon-based fund reported 11,075 shares. Moreover, Ameriprise Fincl has 0.01% invested in Deckers Outdoor Corp (NYSE:DECK) for 315,607 shares. Tiaa Cref Inv Mgmt Llc holds 102,571 shares or 0% of its portfolio. The California-based Schwab Charles Inv Mngmt has invested 0.01% in Deckers Outdoor Corp (NYSE:DECK). Capstone Asset Mgmt last reported 0.01% of its portfolio in the stock. Strs Ohio owns 1,400 shares or 0% of their US portfolio. Teachers Retirement Of The State Of Kentucky has 6,600 shares for 0% of their US portfolio. State Of New Jersey Common Pension Fund D owns 10,000 shares or 0% of their US portfolio. Lazard Asset Mgmt Ltd Liability has 2.62 million shares for 0.35% of their US portfolio.
Insider Transactions: Since August 5, 2016, the stock had 0 insider buys, and 3 insider sales for $3.66 million net activity. MARTINEZ ANGEL R also sold $1.96 million worth of Deckers Outdoor Corp (NYSE:DECK) shares. Powers David sold $112,299 worth of Deckers Outdoor Corp (NYSE:DECK) on Friday, August 5. PERENCHIO JOHN G sold $1.58 million worth of Deckers Outdoor Corp (NYSE:DECK) on Friday, August 12.
More news for Deckers Outdoor Corp (NYSE:DECK) were recently published by: Fool.com, which released: “Why Deckers Outdoor Corp’s Stock Dropped in November” on December 06, 2015. Fool.com‘s article titled: “Deckers Outdoor Corp.: “Less Bad” is Actually Good in Year of Transition” and published on August 05, 2016 is yet another important article.
DECK Company Profile
Deckers Outdoor Corporation, incorporated on August 3, 1993, is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. The Company’s divisions include activities of its brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions, and Direct-to-Consumer (DTC) business, which includes E-Commerce business and retail store business. The Firm sells accessories, such as handbags and loungewear, through domestic and international retailers, international distributors and directly to end user clients both domestically and internationally, through its Websites, call centers and retail stores. The Firm markets its products primarily under three brands: UGG, Teva and Sanuk.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.