Investment analysts at Susquehanna upped their target price on shares of Deckers Outdoor (NASDAQ: DECK)
Shares of Deckers Outdoor traded down 0.37% during mid-day trading on Monday, hitting $48.63. Deckers Outdoor has a 52 week low of $28.53 and a 52 week high of $70.68. The stock?s 50-day moving average is currently $42.47. The company has a market cap of $1.673 billion and a P/E ratio of 14.15.
Deckers Outdoor last released its earnings data on Thursday, February 28th. The company reported $2.77 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.62 by $0.15. The company had revenue of $617.30 million for the quarter, compared to the consensus estimate of $623.02 million. During the same quarter in the previous year, the company posted $3.18 earnings per share. The company?s revenue for the quarter was up 2.2% on a year-over-year basis. Deckers Outdoor has set its Q1 guidance at ($0.12) EPS and its FY13 guidance at +5% (~$3.62) EPS. Analysts expect that Deckers Outdoor will post $3.67 EPS for the current fiscal year.
DECK has been the subject of a number of other recent research reports. Analysts at Jefferies Group raised their price target on shares of Deckers Outdoor from $60.00 to $65.00 in a research note to investors on Monday. They now have a ?buy? rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Deckers Outdoor from $35.00 to $42.00 in a research note to investors on Monday. They now have a ?hold? rating on the stock. Finally, analysts at S&P Equity Research downgraded shares of Deckers Outdoor from a ?buy? rating to a ?hold? rating in a research note to investors on Monday, March 4th. They now have a $47.00 price target on the stock, up previously from $40.00.
Five equities research analysts have rated the stock with a buy rating, one has assigned an overweight rating, and ten have issued a hold rating to the company?s stock. The stock currently has a consensus rating of ?overweight? and an average price target of $47.33.
Deckers Outdoor Corporation (Deckers) is a designer, producer, marketer, and brand manager of footwear, apparel, and accessories.