Deckers Outdoor Corporation (NYSE: DECK), a performance lifestyle footwear and apparel brand company, has received a notable amount of attention recently from financial institutions.
QRG Capital Management Inc,
Principal Securities Inc, and
National Bank of Canada FI are among companies making substantial investments in Deckers, further solidifying the company’s robust financial position.
Analysts forecast
Deckers' FY2027 earnings to reach approximately
$36.80 per share, alongside
Citigroup’s increased price target of
$920.00.
Deckers' stock has also witnessed a noteworthy
50% rise over the last six months. Noteworthy is that
HOKA, one of Deckers' brands, has emerged as a major growth driver for the firm. The fresh high on the markets raises the question about further potential to rise, write experts. Brokers suggest investing, especially given the current robust financials driving the recent rally. Nevertheless, the company also faces challenges, like a predicted slowdown in Direct-To-Consumer growth.
Deckers Outdoor Corp DECK News Analytics from Fri, 04 Aug 2023 07:00:00 GMT to Sun, 19 May 2024 12:26:35 GMT -
Rating 7
- Innovation 3
- Information 7
- Rumor -3
