DECKERS OUTDOOR: A Top Trending Stock with Key Factors to Watch, According to Zacks.com Visitors

☀️Trending News

Deckers Outdoor ($NYSE:DECK) Corporation, commonly known as Deckers, is a leading American company in the footwear and apparel industry. Its popular brands include UGG, HOKA ONE ONE, Teva, and Sanuk. Deckers has been gaining significant attention from investors and analysts, making it one of the top trending stocks on Zacks.com. This is due to several key factors that have influenced its performance and potential for growth. One of the major factors driving Deckers’ popularity is its strong financial performance. The company has consistently delivered impressive earnings and revenue growth over the years. This strong financial performance has boosted investor confidence and positioned Deckers as a top stock to watch. In addition to its financial strength, Deckers has also been diversifying its product offerings to cater to different market segments. Furthermore, Deckers has been expanding its presence in the direct-to-consumer channel through its brick-and-mortar stores and e-commerce platform, reducing its reliance on third-party retailers.

Deckers’ focus on sustainable and ethical practices has also gained traction with consumers and investors alike. The company has implemented several initiatives to reduce its carbon footprint and promote responsible manufacturing. For instance, it has committed to using more sustainable materials in its products and has set ambitious targets to reduce carbon emissions and waste in its operations. Another key factor that has contributed to Deckers’ popularity is its strong management team. His strategic vision and leadership have been instrumental in Deckers’ success and have earned the trust of investors. In conclusion, Deckers Outdoor Corporation’s strong financial performance, diversified product portfolio, commitment to sustainability, and competent management team are key factors that have made it a top trending stock. As the company continues to expand its reach and innovate in the outdoor apparel market, it is poised for further growth and presents an attractive investment opportunity for investors.

Price History

DECKERS OUTDOOR has become a top trending stock among investors, according to recent data from Zacks.com. On Friday, the stock opened at $171.0 and closed at $175.61, marking a 2.49% increase from the previous closing price of 171.34. This jump in stock price can be attributed to several key factors that investors are keeping a close eye on.

First, DECKERS OUTDOOR has been performing well in the retail industry, which has been experiencing significant growth due to the rise of e-commerce during the pandemic. The company’s strong online presence and popular brands, such as UGG and Hoka One One, have helped drive sales and increase its market share. This impressive performance has caught the attention of investors and analysts alike, leading to positive sentiments towards the stock. Moreover, DECKERS OUTDOOR has also been expanding its product offerings and partnerships to attract a wider customer base. For example, the company recently announced a collaboration with luxury fashion brand Telfar to launch a limited-edition UGG collection. This move is expected to further boost sales and drive growth for the company. Looking ahead, there are several key events and factors that investors should keep an eye on when considering investing in DECKERS OUTDOOR. These include the company’s upcoming earnings report, any developments in its expansion plans, and any potential shifts in consumer behavior that could impact the demand for its products. Overall, with its strong performance in the retail industry and continuous growth initiatives, DECKERS OUTDOOR has emerged as a top trending stock that investors are closely monitoring. As always, it is important for investors to conduct thorough research and consider their own risk tolerance before making any investment decisions. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Deckers Outdoor. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Deckers Outdoor. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Deckers Outdoor. More…

Key Ratios Snapshot

Some of the financial key ratios for Deckers Outdoor are shown below. More…

Analysis

After conducting a thorough analysis of DECKERS OUTDOOR‘s financials, I can confidently say that this company falls under the category of ‘gorilla’. This means that it has achieved stable and high revenue or earnings growth due to its strong competitive advantage. From the Star Chart, it is evident that DECKERS OUTDOOR has consistently performed well in terms of financial stability and growth. Investors who are interested in companies with a strong competitive advantage and a track record of stable and high revenue or earnings growth would find DECKERS OUTDOOR to be an attractive investment opportunity. Additionally, investors who prioritize financial stability and growth potential would also be drawn to this company. In terms of financial health, DECKERS OUTDOOR receives a high score of 10/10. This indicates that the company has a strong ability to generate cash flow and manage its debt. This is crucial for sustaining operations and investing in future growth opportunities. With a solid financial foundation, DECKERS OUTDOOR is well-equipped to weather any potential economic downturns and continue to thrive. DECKERS OUTDOOR also performs well in the categories of asset management, profitability, and growth. This further solidifies its status as a ‘gorilla’ company with a strong competitive advantage. However, it is worth noting that the company has a weaker performance in terms of dividend payouts. This may not be a concern for investors who prioritize long-term growth over immediate returns. Its competitive advantage and consistent growth make it an attractive investment opportunity for various types of investors. With its high health score and overall strong financial performance, DECKERS OUTDOOR is certainly a company worth considering for any investment portfolio. More…

Peers

Deckers Outdoor Corp, together with its subsidiaries, engages in the design, manufacture, and marketing of footwear, apparel, and accessories for casual lifestyle use and high performance activities. Its principal brands include UGG, Koolaburra, HOKA ONE ONE, and Teva. The company sells its products to retailers in the United States and 180 countries through its direct-to-consumer channels and third-party distributors. As of December 31, 2018, it operated 310 UGG stores, including full-price, factory, and outlet stores; and e-commerce Websites. The company was founded in 1973 and is headquartered in Goleta, California. Puma SE, together with its subsidiaries, designs, develops, markets, and distributes athletic and casual footwear, apparel, and accessories. The company operates through two segments, Wholesale and Retail. It offers performance and sport-inspired lifestyle products in categories, such as football, running, training, golf, and motorsports. The company sells its products to shoe stores, sporting goods stores, department stores, golf pro shops, tennis specialty stores, mass market retailers, and its own Internet Websites and direct-to-consumer stores. As of December 31, 2018, it operated 1,478 company-owned stores. Puma SE was founded in 1948 and is headquartered in Herzogenaurach, Germany. Vera Bradley, Inc. designs, manufactures, markets, and retails functional accessories for women under the Vera Bradley brand name. The company offers a range of products, including handbags and totes, wallets and wristlets, travel and leisure items, stationery and gifts, eyewear and sunglasses, shoes, baby items, fragrance collections, and home products. It offers its products through its Vera Bradley retail stores; direct-to-consumer channels comprising Vera Bradley direct Website; company-owned outlet stores; company-owned factory outlet stores; independent specialty retailers; national chains; college bookstores; and other retailers. Vera Bradley, Inc. was founded in 1982 and is headquartered in Roanoke, Indiana. Steven Madden, Ltd. designs, sources, markets, licenses, and sells fashion footwear and accessories for women, men, and children worldwide. The company operates through three segments: Wholesale Footwear, Retail, and Licensing. It designs and sources footwear for women under the Steve Madden Women’s Wholesale Footwear, Madden Girl Wholesale Footwear, Freebird by Steven Wholesale Footwear, Betsey Johnson Wholesale Footwear, Dolce Vita Wholesale Footwear, Mad Love Wholesale Footwear, Steven by Steve Madden Wholesale Footwear, Superga Wholesale Footwear, Report Signature Wholesale Footwear, Maurice Mallet Wholesale Footwear, Greyson Wholesale Footwear, BB Dakota Wholesale Footwear, Blondo Wholesale Footwear, Big Star Vintage Wholesale Footwear, Wild Diva Lounge Wholesale Footwear, Bamboo Wholesale Footwear, Betseyville Wholesale Footwear, DVDO by Steve Madden Wholesale Footwear, Cejon Wholesale Footwear, Steve Madden Men’s Wholesale Footwear, De Blossom Collection Wholesale Footwear, Steven by Steve Madden Kids’ Wholesale Footwear, Brian Atwood Wholesale Footwear, Blondo Kids’ Wholesale Footwear, and Betsey Johnson Kids’ Wholesale Footwear brands.

– Puma SE ($OTCPK:PUMSY)

Puma SE, formerly known as Puma AG Rudolf Dassler Sport, is a German multinational corporation that designs and manufactures athletic and casual footwear, apparel and accessories, headquartered in Herzogenaurach, Bavaria. As of 2022, Puma SE has a market cap of 6.88B and a Return on Equity of 16.63%. The company operates in more than 120 countries and employs over 13,000 people worldwide. Puma is the third largest sportswear manufacturer in the world. The company was founded in 1948 by Rudolf Dassler.

– Vera Bradley Inc ($NASDAQ:VRA)

Vera Bradley Inc is a designer and marketer of accessories for women. The company operates through three segments: Direct, Indirect, and Other. The Direct segment offers products through the company’s owned retail stores and website. The Indirect segment provides products to department stores, specialty retailers, and national chains. The Other segment includes licensing and corporate-owned outlets. Vera Bradley Inc was founded in 1982 and is headquartered in Roanoke, Indiana.

– Steven Madden Ltd ($NASDAQ:SHOO)

Steven Madden, Ltd. is a leading designer, marketer and distributor of fashion footwear and accessories for women, men and children. The Company’s wholesale business is engaged in the design, sourcing and marketing of footwear for young women, men and children. The Company’s retail business is engaged in the operation of specialty retail stores and e-commerce Websites, as well as the sale of its products to department store and other retailers. The Company’s products are marketed under a variety of brands, including Steve Madden, Freebird by Steven, Steven by Steve Madden, Grace, Betsey Johnson, Brian Atwood, Blondo, David Tate, Dolce Vita, DV by Dolce Vita, ENZO ANGIOLINI, Mad Love, L.A.M.B., Big Buddha, Report, Wild Diva, CeCe, Betseyville by Betsey Johnson and Superga.

Summary

Deckers Outdoor Corporation has been a trending stock recently, garnering attention from investors. This is due to various factors that may affect its performance in the market. One such factor is the company’s earnings report, which showed a significant increase in revenue and profits.

Additionally, Deckers’ brand power and strong presence in the outdoor apparel and footwear market make it a desirable investment. Other factors that may impact its stock value include changes in consumer trends, global economic conditions, and potential mergers or acquisitions. Overall, investors should keep a close eye on Deckers Outdoor Corporation as it continues to grow and expand its market presence.