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Deckers Outdoor Corp. (DECK) Jumps: Stock Rises 5.9%

Zacks Equity Research

Deckers Outdoor Corp. (DECK) was a big mover last session, as the company saw its shares rise by almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $76.11 to $81.09 in the past one-month time frame.

This apparel & footwear company has seen one negative estimate revision over the past 30 days while its Zacks Consensus Estimate has moved down over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Deckers Outdoor currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the consumer goods sector include Skechers USA Inc. (SKX), Lions Gate Entertainment Corp. (LGF) and Brown Shoe Co. Inc. (BWS). While Skechers USA and Lions Gate Entertainment hold a Zacks Rank #1 (Strong Buy), Brown Shoe carries a Zacks Rank #2 (Buy).

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DECKERS OUTDOOR CP (DECK): Free Stock Analysis Report

SKECHERS USA INC (SKX): Free Stock Analysis Report

LIONS GATE ENTMNT CORP (LGF): Free Stock Analysis Report

BROWN SHOE INC NEW (BWS): Free Stock Analysis Report

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