Deckers Outdoor Corp (NYSE: DECK) has reported earnings for its fourth fiscal quarter (ending March 31) of $4.98 versus $3.49 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $29.36 versus $19.50 for the same period a year ago.
Recent Price Action
Deckers Outdoor Corp (NYSE: DECK) stock increased 1.3% on 5/23/24. The shares closed at $904.65. Moreover, above average trading volume at 137% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, DECK is expected to continue to be a major Value Builder.
Deckers Outdoor has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Deckers Outdoor has a poor Appreciation Score of 29 but a very high Power Rating of 99, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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