Shares of this footwear-industry disruptor can keep running. Deckers Outdoor (DECK -0.93%) has emerged as one of the hottest consumer goods companies in the stock market with shares up 95% this year. The footwear maker benefits from the breakout phenomenon of its HOKA high-performance running and hiking shoe brand crossing into the lifestyle segment. The company's latest-earnings report was highlighted by strong growth and accelerating profitability. The outlook is positive, but are the trends good enough t ...

Deckers Outdoor Corp (DECK, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance. With its shares currently priced at $162.53, Deckers Outdoor Corp has enjoyed a daily gain of 2.33%, alongside a three-month change of 2.38%. A detailed analysis, supported by the GF Score, positions Deckers Outdoor Corp for significant future growth. Deckers Outdoor Corp (DECK) GF Score: 92/100 Oct 08, 2024 Powered by Q What Is the GF Score? The G ...

Shares of Deckers (DECK, Financial) dropped by 5.19% following an analyst downgrade by Seaport Research. The downgrade, from 'buy' to 'neutral', is attributed to concerns over limited upside potential after recent stock gains. The downgrade was influenced by Google Trends data, indicating a slowdown in consumer interest for Deckers' prime brands, Hoka and UGG, during the back-to-school season. Additionally, competition from brands such as Asics and Brooks is reportedly reclaiming market share in the running ...

One analyst downgraded the footwear stock. Shares of Deckers (DECK -5.16%) were moving lower today. The culprit was an analyst downgrade, as one Wall Street watcher lowered its rating on the fast-growing owner of Hoka and UGG. Deckers shares were down 6% as of 12:08 p.m. ET on the news. Seaport sours on Deckers Seaport Research lowered its rating on Deckers from buy to neutral this morning, seeing less upside potential in the stock after recent gains and as momentum for Hoka and UGG moderates. Citing Google ...

Shares of Deckers (DECK, Financial) rose by 6.39% today, reaching a price of $166.81. This surge is part of a broader increase in footwear stocks, spurred by favorable macroeconomic news including a strong September jobs report and the resolution of a dockworkers' strike. The job market's strength is evident with 254,000 jobs added, the unemployment rate dropping from 4.2% to 4.1%, and a 4% wage increase, all suggesting robust economic conditions. This has positively impacted consumer discretionary companie ...

Two pieces of macro news lifted the footwear stock. Shares of Deckers (DECK 6.39%) were among several footwear stocks climbing today, seemingly in response to a blowout September jobs report, which reassured investors about the strength of the economy, as well as the end of the dockworkers' strike, as both sides came to an agreement until at least Jan. 15. Shoes were among the products expected to be affected by the strike, so it's not surprising to see footwear stocks, including Skechers and On Holdings, r ...

While most recent stock splits can be traced back to technological advances, there are other options for investors. The S&P 500 is the most widely followed stock market index in the U.S. and consists of the 500 largest publicly traded companies in the country. Given the scope of its membership, it is considered by many investors to be the most dependable gauge of overall stock market performance. To be included in the S&P 500, a company must meet the following criteria: Be based in the U.S. Have a market ca ...

Deckers (DECK) closed the latest trading day at $159.45, indicating a +0.02% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.42%. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq increased by 0.38%. Coming into today, shares of the maker of Ugg footwear had lost 0.29% in the past month. In that same time, the Retail-Wholesale sector gained 6.34%, while the S&P 500 gained 2.06%. Market participants will be closely ...

Deckers Outdoor Corporation (DECK) reached a significant support level and could be a good pick for investors from a technical perspective. DECK broke through the 200-day and 50-day simple moving averages (SMA), which suggests a long-term bullish trend. SMA is employed to ascertain whether the price of a security is trending upward or downward. Image Source: Zacks Investment Research Closing at $154.50 yesterday, the stock exceeded both its 200-day and 50-day SMA of $145.89 and $151.92, respectively, highli ...

Deckers Outdoor Corporation (DECK) is trading at a notably high price-to-earnings (P/E) multiple, well above the Zacks Retail-Apparel and Shoes industry and broader Retail-Wholesale sector averages. DECK's forward 12-month P/E ratio sits at 28.12, significantly higher than the industry's average of 16.19 and the sector's average of 23.35. This valuation has been the result of the significant rise in Deckers' stock price in the past year due to its strategic emphasis on expanding brand presence and strengthe ...