DECK stock: buy or sell?
June 26th, 2019
Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities.
Should I buy DECK stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Deckers Outdoor stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Deckers Outdoor stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 9 ratings published for DECK stock in the last month. The general sentiment of these ratings is bullish for DECK stock, with 4 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-6-13||Telsey Advisory Group||Outperform||Outperform|
|2019-6-13||Telsey Advisory Group||n/a||Outperform|
|2019-5-21||Bank of America||Neutral||Buy|
|2019-4-23||Wells Fargo & Co||Market Perform||Market Perform|
|2019-2-4||Robert W. Baird||Neutral||Neutral|
|2019-2-1||Bank of America||Neutral||Neutral|
DECK stock analysis
Deckers Outdoor shares gained 1.02% to $173.69 today.
Deckers Outdoor shares gained 1.02% to $173.69 today. On May 14th DECK price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On June/13, DECK hit a new all time high, pushing higher than on Jun/12 tops. Check different trading setups that use ATHs as triggers.
Shares of Deckers Outdoor slightly fell an ugly -1.03% this week. By mid June DECK climbed a dazzling 8.05% in just one week. Early May DECK plummed a dreadful -8.75% in just one week.
Not so far away is the last all-time high Deckers Outdoor marked by mid June. By mid January DECK price bounced up over the SMA of 40 weeks that acted as support stopping new slides. By mid November 2018, SMA10w and SMA20w crossed up triggering a rise of 29.51%.
DECK stock price history
DECK IPO was on October 15th, 1993 at $6.50 per share1. Since then, DECK stock grew a 2,572.20%, with a yearly average of 102.90%. If you had invested $1,000 in DECK stock in 1993, it would worth $25,722.00 today.
1: Adjusted price after possible price splits or reverse-splits.
DECK stock historical price chart
DECK stock reached all-time highs on Jun 13th with a price of $176.80.
DECK stock price target is $168.60Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 7 price targets for DECK stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-6-13||Telsey Advisory Group||Reiterates||$173.00||$189.00||9.2%|
|2019-6-13||Telsey Advisory Group||Raises Target||$173.00||$189.00||9.2%|
|2019-5-21||Bank of America||Upgrades||$150.00||$180.00||20%|
|2019-4-23||Wells Fargo & Co||Initiates||n/a||$163.00||-|
|2019-2-4||Robert W. Baird||Raises Target||$125.00||$145.00||16%|
|2019-2-1||Bank of America||Reiterates||$134.00||$150.00||11.9%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report on May/22, Deckers Outdoor rocketed a wonderful 15.72%. As soon as we get its actual EPS from the earnings report, we will update this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Deckers Outdoor annual turnover jumped a remarkable 6.32% to $1,903.34 M USD from $1,790.15 marked in 2017. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) escalated a 5.69% to 6.01%. Deckers Outdoor presents anual results in March, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Deckers Outdoor TTM sales up to were $1,626.31 and earnings $240.34 million dollars. If we compare this TTM figures with the last reported annuality, we can esteem Deckers Outdoor business evolution since March 2018: Annual sales up to , compared to lastest yearly report, collapsed a bloodcurdling -14.56%. Regarding profit margin, Deckers Outdoor rose 8.77% to 6.01%
|2012||$1,410 M||-||$129 M9.1%||-|
|2014||$1,180 M||-16.31%||$-10.74 M-0.9%||-108.33%|
|2015||$1,817 M||53.99%||$162 M8.9%||-1,606.33%|
|2016||$1,875 M||3.20%||$122 M6.5%||-24.43%|
|2017||$1,790 M||-4.54%||$5.71 M0.3%||-95.33%|
|2018||$1,903 M||6.32%||$114 M6.0%||1,903.40%|
|TTM||$1,626 M||-14.56%||$240 M14.8%||110.10%|
Quarterly financial resultsDeckers Outdoor reported million in sales for 2019-Q1, a -100.00% less compared to previous quarter. Reported quarter income marked million with a profit margin of . Profit margin stayed constant a 0.00% compared to previous quarter when profit margin was 22.47%. When comparing revenues to same quarter last year, Deckers Outdoor sales marked a scary drop down and plummed a -100.00%.
|2017-Q1||$368 M||-||$-16 M-4.3%||-|
|2017-Q2||$210 M||-43.07%||$-42 M-20.1%||168.28%|
|2017-Q3||$485 M||131.14%||$50 M10.2%||-217.66%|
|2017-Q4||$810 M||67.20%||$86 M10.7%||74.22%|
|2018-Q1||$401 M||-50.56%||$21 M5.1%||-76.12%|
|2018-Q2||$251 M||-37.46%||$-30 M-12.1%||-247.50%|
|2018-Q3||$502 M||100.29%||$74 M14.8%||-344.59%|
|2018-Q4||$874 M||74.09%||$196 M22.5%||164.04%|
Deckers Outdoor ownershipWhen you are planning to invest in a stock, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Deckers Outdoor, 0.74% of all outstanding shares are owned by its staff.
Bearish positions for DECK stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$5.1 B||$6.7 B||$1.4 B||$104.1 B||$2.7 B|
|Total shares||29.1 M||68.3 M||71.9 M||1,260.0 M||85.8 M|
|Float shares||28.8 M||29.7 M||63.4 M||1,240.0 M||78.9 M|
|- Institutional holdings (%)||107.8%||38.1%||102.4%||83.9%||99.4%|
|- Insider holdings (%)||0.7%||53.8%||2.4%||1.1%||9.0%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Wednesday, June 26th, 2019|
|Day range||$173.45 - $175.61|
|Average true range||$3.69|
|50d mov avg||$157.14|
|100d mov avg||$150.90|
|200d mov avg||$135.90|
Deckers Outdoor performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Deckers Outdoor to Columbia Sportswear, Crocs, Nike, Steven Madden, Skechers U and Wolverine World Wide:
|WWWWolverine World W...||-24.97%||-16.84%||-22.33%|