Deckers (DECK) Ascends While Market Falls: Some Facts to Note

Company Performance - Deckers (DECK) ended the recent trading session at $161.85, showing a +0.7% change from the previous day's closing price, outperforming the S&P 500's daily loss of 0.76% [1] - Over the past month, Deckers' shares gained 2.85%, which is below the Retail-Wholesale sector's gain of 3.42% and the S&P 500's gain of 4.31% [1] Upcoming Earnings - Deckers is set to release its earnings on October 24, 2024, with projected earnings per share (EPS) of$ 1.22, indicating a 7.02% increase from the same quarter last year [2] - The consensus estimate for revenue is $1.2 billion, reflecting a 9.55% rise from the equivalent quarter last year [2] Full Year Projections - For the full year, the Zacks Consensus Estimates project earnings of$ 5.22 per share and revenue of $4.79 billion, representing changes of +7.41% and +11.75% respectively from the previous year [3] - Recent shifts in analyst projections for Deckers should be monitored, as positive estimate revisions are seen as a good sign for the company's business outlook [3] Valuation Metrics - Deckers is currently trading at a Forward P/E ratio of 30.78, which is a premium compared to the industry average Forward P/E of 15.94 [6] - The company has a PEG ratio of 2.85, higher than the Retail-Apparel and Shoes industry's average PEG ratio of 1.94 [6] Industry Ranking - The Retail-Apparel and Shoes industry is part of the Retail-Wholesale sector, holding a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [7] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]