Added to YB: 2026-03-11
Pitch date: 2025-12-31
DECK [bullish]
Deckers Outdoor Corporation
-3.47%
current return
Author Info
No bio for this author
Company Info
Deckers Outdoor Corporation, together with its subsidiaries, designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally.
Market Cap
$14.8B
Pitch Price
$104.31
Price Target
140.00 (+36%)
Dividend
N/A
EV/EBITDA
8.81
P/E
14.87
EV/Sales
2.43
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Deckers Outdoor Corporation - $DECK
DECK: Premium footwear w/ UGG (51% sales) & Hoka (45%). Stock halved to $105 from $223 Jan high on decelerating growth fears. UGG mature (~5% growth), Hoka still expanding (10-15% growth, only 3% global athletic mkt share). FY27 EPS $6.50-7 = 15-16x P/E vs 30-40x historically. 23.6% margins (21.6% FY26 post-tariff). Net cash $10/shr. Tariff pricing power intact, no demand destruction. PT ~$140 (20x $7.75 FY28). Pair w/ NKE short: Nike at 38x trough earnings, turnround optimism overdone.
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