The recent updates on Deckers Outdoor Corporation (DECK) have been varied, with both positive and negative news regarding the company's performance and future prospects. Deckers has seen a mixture of investment movements; for instance, AMF Tjanstepension AB, Natixis Advisors LLC, and Zurcher Kantonalbank Zurich Cantonalbank have acquired shares, while Cetera Investment Advisers and Federated Hermes Inc. have reduced their holdings. However, there have also been instances of underperformance, with the stock price dropping nearly 50% in six months, causing some to consider selling.
Furthermore, while earnings reports have pointed towards record growth driven by successful lines like HOKA and UGG, and international sales soaring by 50%, certain analysts like Goldman and Evercore ISI have downgraded the stock due to risk factors. However, on the bright side, the withholding of guidance has also been seen as a buying opportunity by some, with the expectation that the stock price will rise, even though there have been tariff pressures and weak outlooks
Deckers Outdoor Corp DECK News Analytics from Wed, 29 Jan 2025 08:00:00 GMT to Sat, 09 Aug 2025 11:08:09 GMT - Rating 4 - Innovation 3 - Information 5 - Rumor -3
