Stocks with rising earnings estimates have significantly outperformed the S&P 500 year after year, whereas stocks with falling earnings estimates have underperformed the S&P 500 year after year.Enter the Zacks Rank.The Zacks Rank has made the process of identifying stocks with changing earnings estimates easy and very profitable. It’s a reliable tool that helps you trade with confidence regardless of your trading style and/or risk tolerance.The Zacks Rank uses four factors related to earnings estimates to c ...

Deckers Brands (DECK) has been crushing it with two big brands: UGG and HOKA. This Zacks Rank #1 (Strong Buy) is expected to grow earnings by 38.6% in fiscal 2024.Deckers Brands is a global footwear, apparel and accessories company with retail and online stores. Its portfolio of brands includes UGG, HOKA, Teva, Sanuk and Koolaburra.Another Earnings Beat in the Third Quarter of Fiscal 2024On Feb 1, 2024, Deckers reported its fiscal third quarter 2024 results and posted a huge earnings beat. Deckers reported ...

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Deckers (DECK) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.Deckers is a member of our Retail-Wholesale group, which includes 219 different companies and currently sits at #11 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 ...

Deckers Outdoor Corporation (DECK) has exhibited a decent run on the bourses in the past year. The stock has outpaced the Zacks Retail-Apparel and Shoes industry, owing to its Key strategic initiatives, including product innovation and brand assortment expansion, coupled with a robust focus on direct-to-consumer (DTC) channels. In the said period, shares of this Zacks Rank #1 (Strong Buy) company have surged 115.5% compared with the industry’s growth of 28.7%.The Zacks Consensus Estimate for the current and ...

Fusing High-Performance Technology with Timeless Style, AHNU Is Designed For Those Always Moving Forward  GOLETA, Calif., March 5, 2024 /PRNewswire/ -- AHNU®, a division of Deckers Brands (NYSE: DECK), launches today and introduces the star of its inaugural capsule, the Sequence 1 sneaker. Guided by the fusion of performance and aesthetic, AHNU enters the market with the introduction of timeless designs that feature cutting-edge technologies crafted for all-day wear and catered to those who live one step a ...

The stock market won’t go up forever. A strong 2023 and a rally to start 2024 can make it feel like the only way is up. However, the stock market is eventually due for a pullback. Inflation, the Federal Reserve’s decision on interest rates, the countdown for commercial real estate debt and other factors lead to stocks to buy on a pullback.Holding some cash on the sidelines can leave you more prepared to accumulate shares at reduced prices. Investors looking for buying opportunities may want to consider thes ...

Deckers Outdoors (NYSE:DECK) stock is in the news Monday as investors in DECK shares react to the footwear, apparel, and accessories company being added to the S&P 500.Deckers Outdoors is joining the S&P 500 alongside Super Micro Computer (NASDAQ:SMCI). This will see them replacing Whirlpool (NYSE:WHR) and Zions Bancorp (NASDAQ:ZION) on the index. That change will go into effect when markets open on March 18.The changes to the S&P 500 are part of the index’s quarterly rebalance. The index uses this to chang ...

SMCI and DECK are replacing WHR and ZION on the SPX later this monthDeckers Outdoor Corp (NYSE:DECK) and Super Micro Computer Inc (NASDAQ:SMCI) are both set to join the S&P 500 Index (SPX) later this month, replacing Whirlpool (WHR) and Zions Bancorporation (ZION). The news has the shares of both new faces on the rise this morning, with each hitting fresh record highs. At last glance, Deckers Outdoors stock was up 3.1% at $931.61, earlier hitting an all-time high of $939.82. Today's pop has the stock overco ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks S ...

Have you been paying attention to shares of Deckers (DECK) ? Shares have been on the move with the stock up 2.4% over the past month. The stock hit a new 52-week high of $911.82 in the previous session. Deckers has gained 35.1% since the start of the year compared to the 3.3% move for the Zacks Retail-Wholesale sector and the 14.5% return for the Zacks Retail - Apparel and Shoes industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed ...