Deckers Outdoor (DECK)

• Market cap: $26.7B
• 1 day: -0.68%
• 5 days: -1.31%
• 1 month: 8.53%
• 3 months: 11.23%
• 6 months: 16.63%
• Year to date: 56.38%
• 1 year: 66.68%
• 5 years: 529.61%
• 10 years: 1,036.96%
• Sector: Materials
• Industry: Rubber & Plastics Footwear

About: Deckers Outdoor Corp designs and sells casual and performance footwear, apparel, and accessories. Primary brands include UGG, Teva, and Sanuk. The company distributes Majority of its products through its wholesale business, but it also has a substantial direct-to-consumer business with its company-owned retail stores and websites. Majority of its sales are in the United States, although the company also has retail stores and distributors throughout Europe, Asia, Canada, and Latin America. It has structured their reporting around six segments which inlcudes the wholesale operations of specific brands like UGG, HOKA, Teva, Sanuk, and Other brands, alongside a segment focused on direct-to-consumer (DTC) operations.

Employees: 4,800

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

3,661% more repeat investments, than reductions

Existing positions increased: 677 | Existing positions reduced: 18

28% more call options, than puts

Call options by funds: $462M | Put options by funds: $361M

0% more funds holding in top 10

Funds holding in top 10: 9 [Q2] → 9 (+0) [Q3]

3% less funds holding

Funds holding: 832 [Q2] → 805 (-27) [Q3]

5.49% less ownership

Funds ownership: 100.77% [Q2] → 95.28% (-5.49%) [Q3]

7% less capital invested

Capital invested by funds: $24.8B [Q2] → $23.2B (-$1.62B) [Q3]

20% less first-time investments, than exits

New positions opened: 105 | Existing positions closed: 132

Research analyst outlook

18 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $148 16% downside
• Avg. target: $186 6% upside
• High target: $232 32% upside

18 analyst ratings

• positive: 12 67%
• neutral: 6 33%
• negative: 0 0%

UBS Jay Sole 66% 1-year accuracy 25 / 38 met price target	32% upside $232	Buy Maintained	25 Oct 2024
Telsey Advisory Group Dana Telsey 53% 1-year accuracy 94 / 177 met price target	8% upside $190	Outperform Maintained	25 Oct 2024
TD Cowen John Kernan 62% 1-year accuracy 32 / 52 met price target	5% upside $185	Buy Maintained	25 Oct 2024
Evercore ISI Group JESALYN Wong 88% 1-year accuracy 7 / 8 met price target	11% upside $195	Outperform Maintained	25 Oct 2024
Barclays Adrienne Yih 38% 1-year accuracy 23 / 60 met price target	8% upside $190	Overweight Maintained	25 Oct 2024