On 5/24/24, Deckers Outdoor Corp (NYSE: DECK) stock enjoyed a major increase of 14.2%, closing at $1032.90. Moreover, exceptionally high trading volume at 260% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 16.6% 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). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Deckers Outdoor has a poor Appreciation Score of 28 but a very high Power Rating of 99, leading to the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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