It's also important for investors to be aware of any recent modifications to analyst estimates for Deckers. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Meanwhile, DECK's PEG ratio is currently 3.31. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The av ...

In March, GQ released its list of the 20 most creative companies worldwide. I'm going to turn those into top stock picks for the second half of 2024 and beyond. The names on the list I won't recommend include Tesla (NASDAQ:TSLA), Prada (OTCMKTS:PRDSY), Nintendo (OTCMKTS:NTDOY), Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT). That's three from Magnificent Seven and two other popular consumer brands. New York Times Co. (NYT) "We think the Times should be the essential subscription for every curious English-s ...

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The the stock of maker of Ugg footwear has risen by 12.93% in the past month, leading the Retail-Wholesale sector's loss of 0.1% and the S&P 500's gain of 3.59%. Any recent changes to analyst estimates for Deckers should also be noted by i ...

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movemen ...

Deckers (DECK) closed the latest trading day at $1,030.16, indicating a -0.9% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.23%. On the other hand, the Dow registered a loss of 0.17%, and the technology-centric Nasdaq increased by 0.34%. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and ...

Zacks Premium also includes the Zacks Style Scores. Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform. For value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value ...

Shares of this maker of Ugg footwear have returned +21.8% over the past month versus the Zacks S&P 500 composite's +3.5% change. The Zacks Retail - Apparel and Shoes industry, to which Deckers belongs, has gained 10.8% over this period. Now the key question is: Where could the stock be headed in the near term? Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is ...

Key Points While artificial intelligence (AI) chip maker Nvidia Co. NASDAQ: NVDA garnered the spotlight on its stock surge through $1,000, a retailer that gapped through the $1,000 barrier received less fanfare. The price action appears similar, but these companies are in completely different sectors: computer and technology and consumer discretionary. Outdoor lifestyle apparel and footwear maker Deckers Outdoor Co. NYSE: DECK shares shot through $1,000 and all-time highs under the radar when it released it ...

Investment Rating - The investment rating for Deckers Outdoor Corporation (DECK) is "Buy" (maintained) [3][27]. Core Insights - The company's net sales for FY2024 reached $4.29 billion, representing a year-over-year increase of 18.2%, while operating income grew by 42.1% to $928 million. The gross profit margin (GPM) improved to 55.6%, up 5.3 percentage points from the previous year. The diluted EPS was $29.16, compared to $19.37 in the same period last year [1][27]. - Revenue and earnings exceeded expectations, with HOKA leading the growth. The brand's revenue increased by 27.9%, significantly contributing to the overall performance [3][27]. - The company is focusing on direct-to-consumer (DTC) channel expansion and international growth, with international revenue growing at a faster rate than domestic revenue [26][27]. Financial Performance Summary - For FY2024, the company reported net sales of $4.29 billion, up 18.2% year-over-year, and operating income of $928 million, up 42.1%. The GPM was 55.6%, and SG&A expenses totaled $1.458 billion, a 24.3% increase [1][27]. - In Q4 FY2024, net sales were $960 million, reflecting a 21.2% increase year-over-year, with operating income of $144 million, up 36.2% [7][10]. - The company anticipates continued revenue growth, projecting FY2025-2027 revenues of $4.764 billion, $5.264 billion, and $5.851 billion, respectively, with growth rates of 11.1%, 10.5%, and 11.1% [14][27]. Brand Performance - Revenue by brand for FY2024 was as follows: HOKA at $1.807 billion (+27.9%), UGG at $2.239 billion (+16.1%), Teva at $149 million (-18.9%), Sanuk at $25 million (-33.0%), and other brands at $68 million (+5.9%) [3][27]. - HOKA's growth is attributed to increased brand awareness and strong DTC growth, indicating a robust market position [3][27]. Market Position and Future Outlook - The company is expanding its international presence, with international revenue accounting for approximately one-third of total revenue. HOKA's international revenue is slightly lower, around 30%, with plans for increased investment in this area [26][27]. - The report highlights significant growth potential in the Chinese market for HOKA, with management targeting a revenue contribution of 10% from this region in the next three years [12][13][27].

Deckers (DECK) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. Over the past month, shar ...