Wells Fargo analyst Tom Nikic maintained a Buy rating on Deckers Outdoor (DECK) yesterday. The company’s shares closed last Monday at $177.38, close to its 52-week high of $180.76.
Nikic has an average return of 8.5% when recommending Deckers Outdoor.
According to TipRanks.com, Nikic is ranked #4720 out of 5866 analysts.
Deckers Outdoor has an analyst consensus of Strong Buy, with a price target consensus of $207.00, which is a 18.2% upside from current levels. In a report issued on January 24, Citigroup also upgraded the stock to Buy with a $230.00 price target.
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Based on Deckers Outdoor’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $77.81 million. In comparison, last year the company had a net profit of $196 million.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DECK in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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. It operates through the following segments: UGG Brand, HOKA Brand, Teva Brand, Sanuk Brand, Other Brands, and Direct-to-Consumer.
