|Bid||141.00 x 800|
|Ask||157.00 x 800|
|Day's Range||141.46 - 144.16|
|52 Week Range||85.81 - 146.90|
|Beta (3Y Monthly)||0.37|
|PE Ratio (TTM)||16.68|
|Earnings Date||May 22, 2019 - May 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||141.00|
Wolverine's (WWW) bottom line in fourth-quarter 2018 outpaces the Zacks Consensus Estimate. However, management provided a muted outlook for 2019.
VANCOUVER, British Columbia, Feb. 20, 2019 /PRNewswire/ -- Teva®, a division of Deckers Brands (DECK), and creator of the original sport sandal, is proud to announce its collaborative release with accessories brand, Herschel Supply. This roam-ready style is available for men, women and kids and marks the first time Teva has combined the modern rugged outsole of the Hurricane sandal with the upper crossover straps of the Alp - a classic 90's style. Featuring a slide adjustable forefoot webbing system and a quick release buckle on the instep, the collection utilizes the same fabric as Herschel's signature backpacks on the heel.
Deckers (DECK) consistently develops its e-commerce portal to capture incremental sales. Also, the company focuses on product and marketing strategies.
NEW YORK, Feb. 14, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Wolverine (WWW) announces a 25% hike in its quarterly dividend. Also, the company stated that it will buy back up to $400 million worth of shares in the next four years.
Five top stocks to watch this week are apparel retail stocks in or near buy zones from bullish chart patterns, led by Nike stock.
Prestige Consumer's (PBH) bottom line beat the Zacks Consensus Estimate in the third quarter of fiscal 2019, while sales lagged the same.
Deckers Outdoor Corp NYSE:DECKView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and increasing Bearish sentimentShort interest | NeutralShort interest is moderate for DECK with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 5. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding DECK totaled $1.89 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Central Garden & Pet (CENT) reports first-quarter fiscal 2019 result, wherein both the top and bottom line missed the Zacks Consensus Estimate. Earnings also declined on a year-over-year basis.
Two years ago, Deckers Outdoor (NYSE:DECK) was in the middle of a proxy fight with activist investor Richard McGuire, who was calling for all kinds of changes at the maker of Uggs. Typically, CEOs and boards don't take kindly to this kind of uninvited criticism. Interestingly, the company followed many of McGuire's suggestions sending DECK stock to $120. Unfortunately, for McGuire, he sold his Deckers Outdoor stock in March 2018 for $95 a share, leaving $45 in gains on the table, with more potentially in the offing. * The 9 Best Stocks to Invest In During a Manic Market ## Deckers Raises Guidance The company announced its Q3 2019 earnings Jan. 31; they were very healthy. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Revenues increased 7.7% on a constant currency basis in the quarter to $873.8 million, a company record. Regarding the bottom line, Deckers' operating profits on a non-GAAP basis increased 19.3% to $242.3 million while non-GAAP earnings were $6.59 a share, 32.6% higher than a year earlier. It's these numbers that sent DECK stock more than 10% higher on the news. The question for investors, including Mr. McGuire: Is now the time to buy? ### Yes It Is Time to Buy DECK Stock As I stated at the top, Deckers was doing poorly in 2017. If not for some of the moves it made in 2018, such as closing some of its retail stores, cutting its inventory levels, putting a lid on expenses, and recruiting some board members who knew something about retail and fashion, its stock wouldn't be in the $140s. Although McGuire's activism might have pushed the company to speed up its plan to reignite company sales, it was CEO Dave Powers, a six-year veteran of the company who became Deckers CEO in June 2016, who made it happen. According to Dave Powers, President and Chief Executive Officer: "With third quarter results delivered and an updated outlook for the full fiscal year 2019, I am pleased to say that we are now well ahead of schedule to deliver on the long term strategic goals we laid out two years ago… Our third quarter results were propelled by the UGG brand as it successfully delivered a compelling product offering, with thoughtful and controlled distribution. In addition, we achieved impressive growth with our Hoka One One and Koolaburra brands." Highlights of the third quarter other than the top and bottom lines include a 12.5% increase in wholesale net sales to $482.2 million, which account for 55% of revenue. Gross margins in the quarter improved by 160 basis points to 53.8%. Ugg sales, which account for 87% of the company's overall revenue, increased by almost 4% in the quarter. However, it is the company's Hoka One One sneaker line that holds the most untapped potential -- in the third quarter sales of the brand increased by 79.2% to $56.9 million or 6.5% of its overall revenue, 260 basis points from a year earlier. If it can continue to deliver exponential growth from Hoka One One while continuing to increase Ugg's sales by mid-single-digits each quarter, $140 is going to seem very cheap 3-5 years from now. ### No, It's Not Time to Buy The only reason I can think of for not buying DECK stock at this point has everything to do with the fact it is trading within 5% of its all-time high of $146.90. If you bought below $50 in early 2017, just as the Deckers turnaround plan was getting going, you're sitting on a 200% return over 24 months. That's a long way to come in a short period. However, Deckers has a forward P/E of 17.2 at the moment, the same as the S&P 500, and less than its five-year historical average. So, at the very worst, you're getting growth at a reasonable price. ### The Bottom Line Deckers has come a long way in two years. In two more years, Deckers shareholders likely will be celebrating a second time. I hadn't paid a lot of attention to Deckers in recent years, but the latest results suggest it's ready to have another growth spurt. At $140, it's a buy. As of this writing Will Ashworth did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks That Won Super Bowl Sunday * 7 High-Yield ETFs for Brave Investors * 10 F-Rated Stocks That Could Break Your Portfolio Compare Brokers The post Even as It Approaches Its High DECK Stock Is a Good Buy appeared first on InvestorPlace.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we'll evaluate Deckers Outdoor Corporation (NYSE:DECK) Read More...
It was neither pretty nor sizeable, but a small gain is better than any-sized loss. The S&P 500 advanced 0.09% on Friday to lead the index to its best weekly close since November. Exxon Mobil (NYSE:XOM) led the way with its 3.6% following an impressive fourth-quarter report that inspired similar performances from other energy names. Deckers Outdoor (NYSE:DECK) was the big winner for the day though, gaining 10.5% on the heels of its Q4 numbers. Sony (NYSE:SNE) was at the other end of that spectrum, losing nearly 8% on Friday following the release of its quarterly figures. Profits broke records, but its all-important video gaming division is running into an alarming headwind. InvestorPlace - Stock Market News, Stock Advice & Trading Tips None of those names are worth trading today, however … too much volatility leads to unpredictable reactions. Rather, it's the stock charts of Micron Technology (NASDAQ:MU), LyondellBasell Industries (NYSE:LYB) and Morgan Stanley (NYSE:MS) that look like they've got the more developed, trade-worthy trends in the works. ### Micron Technology (MU) Last week, it was pointed out that Micron Technology was testing resistance at its 100-day moving average line, after hurdling a long-standing resistance line that had guided it lower for the better part of 2018. * 7 S&P 500 Stocks to Buy That Tore Up Earnings On Friday, the 100-day line was cleared as well, and in just the right way. Click to Enlarge • The 100-day moving average line, plotted in gray on both stock charts, had actually done a pretty solid job at keeping the rally effort in check. After closing above it on Friday though, at least a few would-by buyers are now going to wade in. • Zooming out to the weekly chart we can put the whole matter in perspective. Micron was brutalized last year, but has taken on a much different tone this year, with old lines in the sand being crossed. • Particularly encouraging is the amount of bullish volume we've already seen unfurl. We get a feel for this by judging the height of the green bars on the daily chart, but the weekly chart's Chaikin line moving above zero quantifies the idea. ### LyondellBasell Industries (LYB) LyondellBasell Industries was one of the hardest-hit names late last year, falling from a higher near $115 in September to a low around $77 in late September. The rebound effort in the meantime could easily be viewed as nothing more than a dead-cat bounce. As of Friday though (and with Friday's unique bar in mind), there may be more to the renewed rally than just circumstances. This gain just grew legs. Click to Enlarge • The shape of Friday's bar is noteworthy. It started below Thursday's low, giving the bears a chance to pull the rug out from underneath it. BY the time the closing bell rang though, Friday's bar had completely engulfed - in a bullish way - Thursday's trading. That sudden and decisive reversal speaks volumes. • Zooming out to the weekly chart, we've got two bigger-picture bullish clues. One of them is the first MACD cross since the middle of last year. The other is the Chaikin line's cross back above zero, confirming there's good volume behind the bullish action. • The technical ceiling around $88.40, marked with a yellow dashed line, needs to be cleared. But, hurdling it could be catalytic after a string of higher lows since December. ### Morgan Stanley (MS) More than once over the course of the past few months, Morgan Stanley has been a featured stock chart. It has been trapped by falling support and resistance line, and can't escape. The travel in between these two extremes has made for decent trading. Right on cue, MS bumped into that upper ceiling again a couple of weeks ago, and began the process of pulling back again. As of Friday, the stock's dangerously close to fulfilling that potential move. Click to Enlarge • The trading range in question is plotted with white dashed lines on both stock charts. The upper boundary, along with some help from the gray 100-day moving average line, halted and started to reverse the recent rally. • It's difficult to see on the daily chart, but as of Friday, Morgan Stanley shares are back below the 50-day moving average line. • If the budding moves takes shape as history suggests it will, the selloff may not stop until the lower edge of the falling trading range is met somewhere around $34… an extreme move from a blue chip in a pretty healthy environment. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 of the Best Stocks to Buy for a Dovish Federal Reserve * 5 Best Fidelity ETFs for Retirement Savers * 7 Blue-Chip Stocks That Could Lead the Market Higher Compare Brokers The post 3 Big Stock Charts for Monday: Morgan Stanley, LyondellBasell and Micron Technology appeared first on InvestorPlace.
Deckers reported non-diluted earnings per share of $6.59, up from $4.97 during the same period last year, beating the $5.31 per share of Zacks Consensus Estimate, which is based on analyst projections. Operating income for the quarter came in at $244.7 million, up from $193.2 million last year, Deckers said. "With third quarter results delivered and an updated outlook for the full fiscal year 2019, I am pleased to say that we are now well ahead of schedule to deliver on the long term strategic goals we laid out two years ago," said Dave Powers, Deckers' president and chief executive officer, in a press release.
Deckers Outdoor broke out Friday on strong earnings, while IBD 50 stocks Lululemon, Ulta Beauty, and Five Below are all near buy points.
The Dow Jones Industrial Average is aiming for a sixth up week. Some FANG stocks hit the Nasdaq. But computer, software and telecom shares still lead.
Deckers Outdoor Stock Surges on Q3 Results, Better OutlookImpressive resultsDeckers Outdoor (DECK) stock was up 12.0% as of 1:37 PM ET today in reaction to strong results for the third quarter of fiscal 2019, which ended on December 31, and an