The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Zacks.com users have recently been watching Deckers (DECK) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the latest trading session, Deckers (DECK) closed at $117.07, marking a -1.06% move from the previous day.
DECK faces margin pressures, inventory constraints and rising expenses, which are expected to negatively impact short-term growth and profitability.
Deckers Outdoor Corporation is a fundamentally strong company with high profitability and growth metrics, making it a compelling value play. DECK outperforms competitors like NIKE and Crocs in revenue growth and ROE growth, justifying its higher valuation. Potential tariff deals with Vietnam could boost DECK, given its significant production shift from China to Vietnam.
Deckers Outdoor Corporation is currently undervalued, trading at around $111, down ~50% from its all-time high, presenting a buying opportunity. Despite tariff risks, DECK's high gross profit margin and strong financials make it well-equipped to handle potential short-term issues. Deckers Outdoor boasts a flawless balance sheet, impressive cash flow, and steady revenue growth, making it a high-quality investment.
Nike (NKE 0.46%) and Deckers Outdoor (DECK 2.42%) are two stocks that have been struggling this year. The former is down 24%, while the latter has nosedived a whopping 46%.
The market has been surprisingly resilient in the latter half of April after President Trump paused tariffs for most countries.
Deckers (DECK) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Deckers (DECK) closed the most recent trading day at $106.66, moving +0.23% from the previous trading session.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Deckers (DECK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.