How to Buy Deckers Outdoor Stock
Deckers Outdoor Corp
Deckers Outdoor is a shoe company located in California, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker DECK on the NYSE exchange.
Deckers Outdoor stock last closed at $819.20, up 0.65% from the previous day, and has increased 75.08% in one year. It has overperformed other stocks in the Footwear & Accessories industry by 0.42 percentage points. Deckers Outdoor stock is currently +93.04% from its 52-week low of $424.36, and -14.32% from its 52-week high of $956.17.
At the moment, there are 25.67M shares of DECK outstanding. The market cap of DECK is $21.03B. In the past 24 hours, 310,347 DECK shares were traded.
How to Buy Deckers Outdoor Stock
Wondering how to invest in Deckers Outdoor stock? Here's how.
- Choose where to buy Deckers Outdoor stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Deckers Outdoor stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Choose your payment method and add your information.
- Research Deckers Outdoor stock: The Deckers Outdoor ticker symbol is DECK. Is Deckers Outdoor stock a good investment? Should you buy shares of DECK? How do DECK's underlying business fundamentals look? Do top analysts think Deckers Outdoor is a good buy? Why has DECK's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if DECK is a good stock to buy).
- Place your DECK purchase: Decide if you will purchase DECK shares at the current market price or use a limit order to buy DECK stock at a given price.
- Get key alerts regarding your DECK position: Create a watchlist to track your position in Deckers Outdoor stock.
Step 1: Choose where to buy Deckers Outdoor stock
You will need an online brokerage account in order to access the NYSE market and buy DECK stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal info so you can buy DECK stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have opened your account on apps for stock market, you can securely and quickly fund your account:
Watch this video walkthrough if you need help transferring money into your new investment account.
Step 4: Research Deckers Outdoor stock
After you have selected the best place to buy Deckers Outdoor stock, it's crucial to analyze their stock prior to investing, so you truly understand the risk and opportunity.
Deckers Outdoor Metrics
DECK Fundamentals
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on DECK's stock page.
How is DECK stock valued?
You can use many financial metrics, analyses, models, and charts to gauge DECK's true value.
Using relative valuations measures:
- DECK may be undervalued based on its P/E ratio of 29.28x, relative to Footwear & Accessories industry P/E ratio of 29.84x
- DECK could be overvalued based on its P/B ratio of 9.99x, relative to Footwear & Accessories industry P/B ratio of 7.29x
You can do additional valuation analysis on DECK's stock here.
A quick look at DECK Financials
Pros:
- There are more short-term assets than long-term liabilities on the DECK balance sheet.
- DECK's operating cash flow of $1.12B allows it to safely service it's debt of $273.99M.
- DECK profit margin has gone up from 13.8% to 17.6% in the past year.
- DECK earnings of $932.72M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the DECK balance sheet.
Cons:
- DECK has a relatively high debt to equity ratio of 0.59.
- Total DECK debt is higher than 5 years ago, relative to shareholder equity.
Is Deckers Outdoor stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 15 Equities analysts who give recommendations on DECK, the consensus analyst rating on DECK is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest DECK Analyst Ratings
Dana Telsey, a bottom 2% analyst from Telsey Advisory Group reiterates DECK with a buy rating and maintains their DECK price target from $930.00 to $930.00, on Feb 15, 2024.
Scot Ciccarelli, a top 4% analyst from Truist Securities maintains DECK with a strong buy rating and raises their DECK price target from $859.00 to $983.00, on Feb 2, 2024.
Jim Duffy, a top 7% analyst from Stifel Nicolaus maintains DECK with a hold rating and raises their DECK price target from $709.00 to $775.00, on Feb 2, 2024.
Jay Sole, a top 5% analyst from UBS maintains DECK with a strong buy rating and raises their DECK price target from $950.00 to $1,150.00, on Feb 2, 2024.
Rick Patel, a top 3% analyst from Raymond James maintains DECK with a buy rating and raises their DECK price target from $845.00 to $925.00, on Feb 2, 2024.
You can dive deeper into what analysts are projecting on the Deckers Outdoor stock forecast page.
DECK Trading Indicators
DECK Earnings
Last year, DECK earnings were $723.81M. Over the past five year, DECK's earnings have grown by 25.75% per year. This was faster than the Footwear & Accessories industry average of 12.29%.
Last year, DECK revenue was $4.12B. Over the past five year, DECK's revenue has gone up by 15.24% per year. This was faster than the Footwear & Accessories industry average of 10.82%.
Dive into DECK's earnings and revenue performance here.
Are DECK executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at DECK have sold more shares than they have bought.
David Powers, President CEO of DECK, was the latest DECK insider to sell. They sold $4,938,909.21 worth of DECK stock on Apr 15, 2024.
Get more info about who owns DECK stock here.
Does DECK provide a stable income stream?
No, Deckers Outdoor doesn't provide an income stream by paying out dividends.
DECK Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your DECK purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you need more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your DECK position
Now that you own some DECK stock, you'll want to keep up with your shares.
Start a watchlist to track the latest developments regarding your DECK stock.
DECK Feed
How to Buy Stock in Deckers Outdoor
To summarize, here are the 6 steps for buying Deckers Outdoor stock:
- Choose where to buy Deckers Outdoor stock
- Open your brokerage account
- Put funds into your investment account
- Research Deckers Outdoor stock
- Place your DECK purchase
- Get key alerts regarding your DECK position
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Deckers Outdoor, get started below.
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