Wall Street Analysts Think Deckers (DECK) Is a Good Investment: Is It?

Group 1 - The average brokerage recommendation (ABR) for Deckers (DECK) is 2.00, indicating a "Buy" on a scale from 1 (Strong Buy) to 5 (Strong Sell) based on recommendations from 20 brokerage firms [10] - There are nine "Strong Buy" and two "Buy" recommendations, which account for 45% and 10% of all recommendations respectively [2] - Analysts are increasingly optimistic about Deckers' earnings prospects, as indicated by a consensus revision of EPS estimates higher, suggesting potential for stock price increase in the near term [8] Group 2 - The Zacks Consensus Estimate for Deckers has increased by 0.1% over the past month to $5.49, contributing to a Zacks Rank 2 (Buy) for the company [17][18] - The Zacks Rank is a quantitative model that reflects earnings estimate revisions and is considered more timely in predicting future stock prices compared to the ABR [15][16] - The ABR may not always be up-to-date, while the Zacks Rank quickly incorporates changes in earnings estimates, making it a more reliable indicator for investors [16]