Watch for Continued Gains in Shares of Deckers Outdoor Corporation (DECK)

September 16, 2021 10:43:08

Shares of Deckers Outdoor Corporation (NYSE:DECK) traded at a new 52-week high today of $447.72. Approximately 230,000 shares have changed hands today, as compared to an average 30-day volume of 317,000 shares.

Deckers Outdoor Corp designs and sells casual and performance footwear, apparel, and accessories. Primary brands include UGG, Teva, and Sanuk. The company distributes most of its products through its wholesale business, but it also has a substantial direct-to-consumer business with its company-owned retail stores and websites. Most sales are in the United States, although the company also has retail stores and distributors throughout Europe, Asia, Canada, and Latin America. Deckers sources its products from independent manufacturers primarily in Asia.

Based on a current price of $443.80, Deckers Outdoor Corporation is currently 14.2% above its average consensus analyst price target of $380.92.

In the past 52 weeks, Deckers Outdoor Corporation share prices are bracketed by a low of $202.17 and a high of $447.72 and is now at $443.80, 120% above that low price.

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