S&P 500 slips, but losses kept in check as Nvidia climbs ahead of results
Deckers Outdoor Corp (NYSE:DECK) stock has reached a 52-week low, dipping to $119.11, as the company faces a challenging market environment. Despite the recent decline, InvestingPro data shows the company maintains robust financial health with a perfect Piotroski Score of 9 and holds more cash than debt on its balance sheet. This latest price level reflects a significant downturn from previous periods, marking a notable moment for investors and analysts tracking the company’s performance. Over the past year, Deckers has seen its stock value decrease by 21.82%, with the RSI indicating oversold territory. InvestingPro subscribers have access to 13 additional key insights about DECK’s current market position and future prospects. The decline comes amidst broader market trends and specific headwinds that may be affecting the retail sector and consumer discretionary spending, though the company maintains strong fundamentals with a current ratio of 3.17 and healthy cash flows.
In other recent news, Deckers Outdoor Corporation reported a robust financial performance for the third quarter of fiscal year 2025, with earnings per share (EPS) reaching $3.00, surpassing the forecasted $2.46. The company’s revenue also exceeded expectations, totaling $1.83 billion compared to the anticipated $1.7 billion. Deckers Outdoor raised its full-year revenue guidance to over $4.9 billion, reflecting a 15% growth. Meanwhile, CFRA upgraded Deckers Outdoor’s stock rating to Buy, setting a price target of $168, highlighting the company’s solid growth trajectory and strong financial position. Citi also maintained a Buy rating with a price target of $215, expressing confidence in the demand for Deckers’ HOKA and UGG brands. Despite these positive developments, Deckers Outdoor’s stock price experienced a sharp decline in aftermarket trading, which CFRA analysts suggest could present an attractive entry point for investors. The company continues to focus on long-term sustainable growth, with new product launches planned for the HOKA brand, aiming to drive further expansion.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.