Alert: New Earnings Report (7/25/24)-Deckers Outdoor Corp (NYSE: DECK).

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Deckers Outdoor Corp (NYSE: DECK) has reported E.P.S. of $4.54 for its first fiscal quarter (ending June 30) versus $2.43 for the same period a year ago — an increase of 87%. E.P.S. were $31.57 for the latest four quarters through June 30 versus $20.30 for the same period a year ago — an increase of 56%.

Recent Price Action

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On 7/25/24, Deckers Outdoor Corp (NYSE: DECK) stock declined slightly by -0.5%, closing at $841.50. Moreover, exceptionally high trading volume at 232% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -5.4% 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 slightly negative Appreciation Score of 38 but a very high Power Rating of 96, triggering the Positive Value Trend Rating.

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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