Impact of Brokerage Rating on Deckers Outdoor Corporation(DECK)

Many Deckers Outdoor Corporation(DECK) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Deckers Outdoor Corp was Reiterated by Telsey Advisory Group on Feb 3, 2017 to Outperform, Lowers Price Target to $ 64 from a previous price target of $74 .Deckers Outdoor Corp was Reiterated by Canaccord Genuity on Feb 3, 2017 to Buy, Lowers Price Target to $ 60 from a previous price target of $70 .Deckers Outdoor Corp was Upgraded by Susquehanna to Neutral on Feb 3, 2017. Deckers Outdoor Corp was Upgraded by Buckingham Research to Buy on Jan 18, 2017.

Company has reported several Insider transactions to the SEC, on Aug 18, 2016, Angel R Martinez (director) sold 29,058 shares at 67.61 per share price.On Aug 12, 2016, John G Perenchio (director) sold 23,500 shares at 67.16 per share price.On Aug 8, 2016, David Powers (President & CEO) sold 1,750 shares at 64.17 per share price.

Deckers Outdoor Corp Last issued its quarterly earnings results on Feb 2, 2017. The company reported $4.11 EPS for the quarter, missing the analyst consensus estimate by $ -0.12. Analyst had a consensus of $4.23. The company had revenue of $760.30 million for the quarter, compared to analysts expectations of $789.73 million. The companys revenue was down -4.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $4.78 EPS.

Deckers Outdoor Corporation (NYSE:DECK) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 2.2 by 15 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 9 Brokerage Firms have advised hold.

Deckers Outdoor Corporation (NYSE:DECK) stock has received a short term price target of $ 57.32 from 11 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $13.09. The higher estimate of target price is $80 , while the lower price target estimate is $40

Deckers Outdoor Corporation (NYSE:DECK) rose 1.8% or 0.93 points on Tuesday and made its way into the gainers of the day. After trading began at $51.52 the stock was seen hitting $53.58 as a peak level and $51.2278 as the lowest level. The stock ended up at $52.51. The daily volume was measured at 1,702,747 shares. The 52-week high of the share price is $69.94 and the 52-week low is $44. The company has a market cap of $1,677 million.

DECKERS OUTDOOR CORP. designs, manufactures, and markets innovative, function-oriented footwear and apparel that have been developed for high-performance outdoor, sports and other lifestyle related activities, as well as for casual use.

Deckers

For any feedback and suggestions contact author at Michelle.Egan@thefoundersdaily.com

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