Susquehanna Reiterates a Buy Rating on Deckers Outdoor (DECK)
In a report released today, Sam Poser from Susquehanna reiterated a Buy rating on Deckers Outdoor (DECK), with a price target of $140. The company’s shares closed yesterday at $113.61.
According to TipRanks.com, Poser is a 4-star analyst with an average return of 5.8% and a 51.7% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Canada Goose Holdings Inc, Lululemon Athletica Inc, and Wolverine World Wide.
Currently, the analyst consensus on Deckers Outdoor is a Moderate Buy with an average price target of $129.
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Deckers Outdoor’s market cap is currently $3.34B and has a P/E ratio of 23.54. The company has a Price to Book ratio of 3.94.
Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock.
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Deckers Outdoor Corp. engages in the business of designing, marketing and distributing footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. The company operates through six segments: UGG, Teva, Sanuk, Other Brands Wholesale, eCommerce and Retail Store.