Core Viewpoint - Deckers Outdoor has shown significant growth and potential for further gains, highlighted by its recent addition to the S&P 500 and a successful stock split, alongside strong financial performance and market positioning [2][3][12] Company Overview - Deckers Outdoor began in the 1970s surf culture, creating popular sandals and has since expanded into a multinational company with brands like Hoka, Ugg, Teva, Ahnu, and Koolabura [4] - The company has focused on niche offerings with broad appeal, leading to international success [4] Financial Performance - For fiscal 2025 Q1, Deckers reported revenue of 825million,a224.52, up 87% [6] - The company raised its full-year EPS forecast to 30.20,indicatingstrongexpectedperformance[6]MarketPosition−Deckershasbeengainingmarketsharefromlargercompetitorswhilemaintainingfullretailpricesforitspopularbrands[7]−SalesfortheUggbrandincreasedby162.2 billion, and Hoka brand sales surged by 28% to 1.8billion[8]ShareBuybackProgram−Since2012,Deckershasreduceditssharecountbynearly34152 million worth of stock and has 790millionremaininginitsbuybackauthorization[9]AnalystSentiment−AmajorityofanalystscoveringDeckersareoptimistic,with16outof22ratingitabuyorstrongbuy,andanaveragepricetargetsuggestinga15225, indicating a potential 45% gain [10] Valuation - Deckers is currently priced at approximately 30 times earnings, comparable to the S&P 500, despite outperforming the index [11] - Analysts project EPS of $6.05 for the next fiscal year, suggesting the stock is trading at less than 26 times next year's earnings, indicating it is attractively priced [11]