Investment analysts at Canaccord Genuity cut their target price on shares of Deckers Outdoor (NASDAQ: DECK) from $37.00 to $35.00 in a note issued to investors on Tuesday. The firm currently has a “hold” rating on the stock.
Deckers Outdoor traded up 0.21% on Tuesday, hitting $37.40. Deckers Outdoor has a 52-week low of $28.53 and a 52-week high of $92.27. The stock’s 50-day moving average is currently $38.26. The company has a market cap of $1.319 billion and a price-to-earnings ratio of 9.19.
Deckers Outdoor last issued its quarterly earnings data on Thursday, October 25th. The company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.13. The company’s quarterly revenue was down 11.3% on a year-over-year basis. Analysts expect that Deckers Outdoor will post $3.36 EPS for the current fiscal year.
Old news from desperate shorts. If NFLX had a squeeze of 70% in a week with 18% shorts, what do you think will happen to DECK with good earnings and 42% short? I suggest that whatever is in your hand at the time will get shorter and shorter. Good luck with that old news, time to move on, you're not scaring us.