Standard and Poors loves this stock. I have found over time that they are the best rating service around. I would like to buy it, but it bothers me that the ceo makes over 1,000,000 a year. Is that true?
I agree with the comment(s) that S&P love DECK. Just to expand a bit, DECK appears in at least 3 of their favourable screens: 1. Small Cap stocks recommended 2. S&P Platinum portfolio 3. Special situations (undervalued) Don't know what consensus is on S&P as a screening method but DECK seems to have positive multiple correspondences.
Jeeze, how did I get here? This stock popped up in S&P's latest monthly newsletter. What criteria are they using to screen stocks? This isn't a stock, it's a corpse. It's Investor's Business Daily EPS ranking is 1919D! William O'Neil says To concentrate on stocks with a ranking in the upper 20%, not the lower 20. The chart's a masochist's dream. I don't understand why anyone is even here. You've got a management that is plundering this company at the expense of the shareholders (where are the shareholder's yachts?). Management's behavior alone is enough reason to abandon this dog. You've got 8000 other stocks to pick from, and 80% of them have higher EPS growth rankings than this. For a four page analysis of this company check out VectorVest:
Go back and read their annual reports and 10k's. They take care of themselves and to hell with the shareholders. Look at all the options they gave themselves at low prices. The shareholders may very well do OK in this stock, but only if it happens as a bi-product of management taking care of themselves. Also these guys completely hide behind a PR firm (totally unresponsive I might add). Just try and talk to anyone at the company. They won't return your phone calls and they could care less. The reason their Simple line is down is because the shoes are just plain ugly. Also, ask the founder of Ugg what he thinks of Deckers management. They sure have done a nice job with that brand. As you can see, I have a somewhat negative bias towards this company, which comes from years of experience in being a stockholder.
what is your problem with ugg? my opinion is that deck has grown ugg quite nicely. teva has also grown nicely. the simple situation is not as good however and i think simple needs to become the leading deck brand for the share price to move higher. in '96 simple grew nicely from sneaker sales and clog sales. at this time the simple sneaker sales are soft (not growing like they used to) and the clog is practically dead. the simple name is good however deck management seems unwilling to throw big bucks at neither developing simple product and/or advertising the simple brand. i think you are right, deck management wants to build their own paychecks rather than putting the money into building the simple brand.