Revenue Update on Deckers Outdoor Corp(NYSE:DECK)

Deckers Outdoor Corp(NYSE:DECK) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during After-hours on Jul 28, 2016. Company reported revenue of $174.39M. Analysts estimated a revenue of $170.48M. Earnings per share were $-1.80. Analysts had estimated an EPS of $-2.08.

In a different note, On Jun 14, 2016, Citigroup said it Maintains its rating on Deckers Outdoor Corp. In the research note, the firm Raises the price-target to $53.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jun 7, 2016, Tigress Financial said it Downgrades its rating on Deckers Outdoor Corp. The shares have been rated ‘Buy’ by the firm. On May 27, 2016, Credit Suisse said it Maintains its rating on Deckers Outdoor Corp. In the research note, the firm Lowers the price-target to $57.00 per share. The shares have been rated ‘Neutral’ by the firm. On May 27, 2016, Brean Capital said it Maintains its rating on Deckers Outdoor Corp. In the research note, the firm Lowers the price-target to $67.00 per share. The shares have been rated ‘Buy’ by the firm. On May 27, 2016, Citigroup said it Downgrades its rating on Deckers Outdoor Corp. In the research note, the firm Lowers the price-target to $69.00 per share. The shares have been rated ‘Neutral’ by the firm. On May 27, 2016, Goldman Sachs said it Maintains its rating on Deckers Outdoor Corp. The shares have been rated ‘Buy’ by the firm.

Deckers Outdoor Corp (DECK) made into the market gainers list on Thursdays trading session with the shares advancing 0.51% or 0.32 points. Due to strong positive momentum, the stock ended at $62.88, which is also near the day’s high of $63.77. The stock began the session at $62.72 and the volume stood at 3,36,513 shares. The 52-week high of the shares is $72.96 and the 52 week low is $40.74. The company has a current market capitalization of $2,014 M and it has 3,20,23,300 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Sep 11, 2015, Karyn Odette Barsa (director) sold 1,500 shares at $62.78 per share price.Also, On Feb 25, 2015, David Powers (President, Omni Channel) sold 1,650 shares at $76.06 per share price.On Feb 11, 2015, Thomas George (CFO) sold 2,552 shares at $75.00 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.

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