Deckers Outdoor: A Compelling Growth Story, But Stock Likely To Fall Further In The Near Term [Seeking Alpha]
Deckers Outdoor Corporation (DECK)
Last deckers outdoor corporation earnings: 1/30 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.deckers.com
Company Research
Source: Seeking Alpha
The company is seeing success in its DTC channel and international expansion, with higher conversion rates and average transaction values, leading to stronger margins. The company can see short-term volatility as David Powers retires as CEO, and macroeconomic challenges and geopolitical tensions persist. Assessing both the "good" and the "bad", I believe that the stock is likely to decline further, which may lead to a better entry point in the future, making it a "hold" at the moment. Introduction & Investment Thesis Deckers Outdoor ( NYSE: DECK ) is a casual lifestyle and performance-driven footwear, apparel, and accessories company that has outperformed the S&P 500 and Nasdaq 100 YTD. The company reported its Q3 FY24 earnings in February, where it saw revenue and earnings grow 16% and 44% YoY, respectively, beating estimates. For FY24, the company is projected to grow its revenue by 14.3% YoY to $4.15B while improving its operating margin by 200 basis points to 20%. I am
Show less
Read more
Impact Snapshot
Event Time:
DECK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DECK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DECK alerts
High impacting Deckers Outdoor Corporation news events
Weekly update
A roundup of the hottest topics
DECK
News
- Why Deckers Stock Dropped Today [Yahoo! Finance]Yahoo! Finance
- Is Trending Stock Deckers Outdoor Corporation (DECK) a Buy Now? [Yahoo! Finance]Yahoo! Finance
- HOKA® Announces the Launch of Skyward X: The Next BIG Innovation in RunningPR Newswire
- Deckers Outdoor Co. (NYSE: DECK) was downgraded by analysts at Bank of America Co. from a "buy" rating to a "neutral" rating. They now have a $860.00 price target on the stock, down previously from $875.00.MarketBeat
- Deckers Brands Promotes Marco Ellerker to President of Global MarketplacePR Newswire
DECK
Earnings
- 2/1/24 - Beat
DECK
Sec Filings
- 4/16/24 - Form 4
- 4/15/24 - Form 144
- 4/10/24 - Form SC
- DECK's page on the SEC website