Deckers Outdoor Stock Searches Surge After 16.9% Monthly Gain

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Summary · why it matters

Deckers Outdoor Corporation has been one of the most searched stocks on Zacks.com, drawing attention after its shares returned 16.9% over the past month, far outpacing the S&P 500's 1.6% gain and the 12.3% rise in the Zacks Retail-Apparel and Shoes industry. The company is expected to post earnings of 93 cents per share for the current quarter, with the Zacks Consensus Estimate down 7.1% over the last 30 days, while the current fiscal year estimate of $7.42 per share has risen 2.1% and the next fiscal year estimate of $8.26 per share has increased 2.7%. Deckers reported revenues of $1.12 billion in its most recent quarter, a 9.6% year-over-year increase that beat the consensus estimate by 3.45%, and it has topped both earnings and revenue estimates in each of the trailing four quarters. The stock carries a Zacks Rank of 3, or Hold, and a Value Style Score of C, suggesting it is trading in line with peers and may perform in line with the broader market in the near term.

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Consumer Discretionary▲ · 1 stocks
Deckers Outdoor Corporation
DECK
± MixedCapitalrelevance

Article reports stock price surge and earnings estimates revisions, but no fundamental news; Zacks Rank Hold and Value Score C suggest neutral outlook.