Consumer strength has led to robust quarterly results from the pair, with each exceeding Zacks Consensus EPS estimates throughout 2024. In addition, both sport favorable Zacks Ranks, reflecting upward trending estimate revisions among analysts. Analysts downwardly revised their earnings expectations accordingly following the lowered outlook, landing the stock into an unfavorable Zacks Rank #5 (Strong Sell). The company remains focused on rebalancing its product portfolio accordingly, hoping to re-capture co ...

Deckers (DECK) has been beaten down lately with too much selling pressure. While the stock has lost 9.5% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fimdamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's p ...

As Deckers Outdoor Corporation (DECK) prepares to announce its first-quarter fiscal 2025 earnings results on Jul 25 after market close, investors are keen to assess the company's performance amid ongoing market challenges and opportunities. Deckers, known for its portfolio, including UGG and HOKA brands, has been navigating a dynamic landscape with strategic initiatives aimed at sustaining growth. The Zacks Consensus Estimate for revenues is pegged at $805.5 million, which indicates an improvement of 19.2% ...

Deckers (DECK) ended the recent trading session at $871.24, demonstrating a -1.76% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.71% for the day. Meanwhile, the Dow experienced a drop of 0.93%, and the technology-dominated Nasdaq saw a decrease of 0.81%. Prior to today's trading, shares of the maker of Ugg footwear had lost 10.37% over the past month. This has lagged the Retail-Wholesale sector's loss of 0.03% and the S&P 500's gain of 1.08% ...

Deckers Outdoor Corporation (DECK) has experienced a remarkable jump in its stock price over the past three months. The stock has rallied 12.2%, comfortably outpacing the Zacks Retail-Apparel and Shoes industry's modest rise of 7.7%. The company's commitment to customizing its product development, marketing efforts and omni-channel distribution to align with consumer preferences has also helped it outperform the broader Retail-Wholesale sector and the S&P 500 index's respective growth of 8.1% and 11.9% in t ...

Shares have been on a tear year-to-date, gaining 32% and widely outperforming on the back of positive quarterly results stemming from brand momentum. Zacks Earnings ESP (Expected Surprise Prediction) finds companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is generally more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. Zacks Investment ResearchImage Source: Zacks Investment ...

Key Takeaways Major U.S. equities indexes climbed Wednesday as Federal Reserve Chair Jerome Powell wrapped up a twoday stint of Congressional testimony. The S&P 500 added 1% in the midweek session, posting a record closing high for the sixth consecutive session and crossing the 5,600-point milestone for the first time. Outperformance in the tech sector helped lift the Nasdaq 1.2%, extending that index's streak of record closes to seven trading days. The Dow posted a gain of 1.1%. CarMax (KMX) shares drove 6 ...

The jury is still out A research note predicts a drop in sales during June. Data research firm M Science noted that its data showed a deceleration in sales for Hoka and Ugg brands during June. This wouldn't be particularly surprising given the slowdown reported by Nike last quarter and week guidance Nike for its fiscal first quarter. Consumers have been pinched by higher inflation and slow wage growth, which ultimately will lead to less discretionary spending on items like high-end shoes from Hoka. Shares a ...

In the latest market close, Deckers (DECK) reached $939.05, with a -1.43% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 0.07%. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.14%. The upcoming earnings release of Deckers will be of great interest to investors. The company's earnings per share (EPS) are projected to be $3.50, reflecting a 45.23% increase from the same quarter last year. Meanwhile, the latest consensus estimate ...

Everyone needs sneakers, and there's plenty of competition in the industry. However, newer companies like Deckers Outdoor (NYSE:DECK) are gaining market share from their larger rivals. You may not know the company by its corporate name, but you may have heard of Hoka and Ugg. Deckers Outdoor is the parent company of those brands. Marc Guberti is a finance freelance writer at InvestorPlace.com who hosts the Breakthrough Success Podcast. He has contributed to several publications, including the U.S. News & Wo ...