Deckers OutdoorDECK
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 Q2 SEC filings by fund managers ($100M+ AUM)
73% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 82
8% more funds holding
Funds holding: 772 [Q1] → 832 (+60) [Q2]
4% more repeat investments, than reductions
Existing positions increased: 308 | Existing positions reduced: 295
2% less capital invested
Capital invested by funds: $24.2B [Q1] → $23.7B (-$570M) [Q2]
4.28% less ownership
Funds ownership: 100.52% [Q1] → 96.24% (-4.28%) [Q2]
18% less funds holding in top 10
Funds holding in top 10: 11 [Q1] → 9 (-2) [Q2]
32% less call options, than puts
Call options by funds: $335M | Put options by funds: $494M
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
Evercore ISI Group JESALYN Wong 83% 1-year accuracy 5 / 6 met price target | 15%upside $185 | Outperform Maintained | 16 Oct 2024 |
TD Cowen John Kernan 48% 1-year accuracy 21 / 44 met price target | 11%upside $178 | Buy Maintained | 14 Oct 2024 |
UBS Jay Sole 57% 1-year accuracy 13 / 23 met price target | 41%upside $226 | Buy Maintained | 9 Oct 2024 |
Wells Fargo Ike Boruchow 62% 1-year accuracy 16 / 26 met price target | 3%upside $165 | Equal-Weight Maintained | 23 Sept 2024 |
Barclays Adrienne Yih 43% 1-year accuracy 23 / 53 met price target | 12%upside $180 | Overweight Maintained | 20 Sept 2024 |
Financial journalist opinion
Based on 29 articles about DECK published over the past 30 days