Guggenheim Securities Initiates Coverage on Deckers Outdoor Corp to Neutral

Guggenheim Securities Initiates Coverage on Deckers Outdoor Corp(NYSE:DECK). The shares have been rated Neutral. The rating by Guggenheim Securities was issued on Sep 30, 2016.

In a different note, On Aug 15, 2016, Telsey Advisory Group said it Upgrades its rating on Deckers Outdoor Corp. The shares have been rated ‘Outperform’ by the firm. Susquehanna said it Initiates Coverage on Deckers Outdoor Corp, according to a research note issued on Aug 12, 2016. The shares have been rated ‘Neutral’ by the firm. On Aug 2, 2016, Standpoint Research said it Downgrades its rating on Deckers Outdoor Corp. The shares have been rated ‘Hold’ by the firm. On Jul 29, 2016, Citigroup said it Maintains its rating on Deckers Outdoor Corp. In the research note, the firm Raises the price-target to $56.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jul 29, 2016, Jefferies said it Maintains its rating on Deckers Outdoor Corp. In the research note, the firm Raises the price-target to $75.00 per share. The shares have been rated ‘Buy’ by the firm.

Deckers Outdoor Corp (DECK) made into the market gainers list on Tuesdays trading session with the shares advancing 0.58% or 0.34 points. Due to strong positive momentum, the stock ended at $59.24, which is also near the day’s high of $59.295. The stock began the session at $58.81 and the volume stood at 4,61,840 shares. The 52-week high of the shares is $69.94 and the 52 week low is $40.74. The company has a current market capitalization of $1,898 M and it has 3,20,40,112 shares in outstanding.

Deckers Outdoor Corp(DECK) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2017 and Q1.Company reported revenue of $174.39M. Analysts had an estimated revenue of $170.48M. Earnings per share were $-1.80. Analysts had estimated an EPS of $-2.08.

Several Insider Transactions has been reported to the SEC. On Aug 18, 2016, Angel R Martinez (director) sold 29,058 shares at $67.61 per share price.Also, 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, according to the Form-4 filing with the securities and exchange commission.

Deckers Outdoor Corporation (Deckers) offers footwear apparel and accessories. The Company’s segments include operations of Deckers’ brands such as UGG Teva Sanuk and other brands; wholesale divisions; E-Commerce business and retail store business. It sells its UGG footwear and accessories through department stores independent specialty retailers and online retailers. The Company sells Teva footwear through specialty outdoor and sporting goods retailers. It sells Sanuk footwear through independent action sports retailers outdoor retailers specialty footwear retailers and national retail chains. The Company sells other brands at specialty running stores department stores outdoor specialty accounts independent specialty retailers and through online retailers. It operate its E-Commerce business through Uggaustralia.com Teva.com Sanuk.com Ahnu.com Hokaoneone.com Mozo.com and Tsubo.com Websites. Its retail stores segment operates UGG concept stores and UGG outlet stores.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Deckers Outdoor Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on Deckers Outdoor Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.