Deckers Outdoor Receives a Hold from Susquehanna

By Austin Angelo

In a report released yesterday, Sam Poser from Susquehanna assigned a Hold rating to Deckers Outdoor (NYSE: DECK), with a price target of $57. The company’s shares closed yesterday at $64.64.

According to TipRanks.com, Poser is a 4-star analyst with an average return of 6.3% and a 55.9% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Steven Madden, and Skechers USA.

Currently, the analyst consensus on Deckers Outdoor is Moderate Buy and the average price target is $69, representing a 6.7% upside.

In a report issued on September 1, Robert W. Baird also reiterated a Hold rating on the stock with a $67 price target.

Deckers Outdoor’s market cap is currently $2.03B and has a P/E ratio of 96.48. The company has a book value ratio of 2.2638.

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Deckers Outdoor Corp. engages in the business of designing, marketing and distributing footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. The company operates through six segments: UGG, Teva, Sanuk, Other Brands Wholesale, eCommerce and Retail Store.