Deckers (DECK) Advances While Market Declines: Some Information for Investors

Company Performance - Deckers (DECK) closed at $106.13, with a slight increase of +0.1% from the previous session, outperforming the S&P 500's loss of 0.23% [1] - Over the past month, Deckers' shares have declined by 16.34%, which is worse than the Retail-Wholesale sector's loss of 11.71% and the S&P 500's loss of 12.13% [1] Earnings Forecast - The upcoming earnings disclosure for Deckers is anticipated, with projected earnings per share (EPS) of$ 0.55, representing a 33.73% decrease from the same quarter last year [2] - Revenue is forecasted to be $992.79 million, indicating a growth of 3.44% compared to the same quarter of the previous year [2] Analyst Estimates - Recent adjustments to analyst estimates for Deckers are crucial as they reflect changing business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3] Zacks Rank and Valuation - Deckers currently holds a Zacks Rank of 2 (Buy), with a track record of superior performance, where 1 stocks have averaged an annual return of +25% since 1988 [5] - The Forward P/E ratio for Deckers is 16.07, which is a premium compared to the industry average of 12.51, and the PEG ratio stands at 1.06, compared to the industry average of 1.22 [6] Industry Context - The Retail - Apparel and Shoes industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 168, placing it in the bottom 33% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]