Deckers Outdoor Corp (NYSE: DECK) has reported earnings for its second fiscal quarter (ending September 30) of $1.59 versus $6.86 for the same period a year ago — a decline of -77%. For the latest four quarters through September 30, E.P.S. were $5.71 compared to $23.32 a year ago — a decline of -76%.
Recent Price Action
On 10/24/24, Deckers Outdoor Corp (NYSE: DECK) stock rose modestly by 0.7%, closing at $152.04. Moreover, exceptionally high trading volume at 203% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months but has declined -5.7% 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 C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Deckers Outdoor has a neutral Appreciation Score of 49 and a slightly positive Power Rating of 61, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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