Deckers Outdoor (DECK) Q4 at Risk - Credit Suisse
Tweet
Share
E-mailGet Alerts DECK Hot Sheet
Price: $88.86 --0%
Rating Summary:
23 Buy, 21 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 17
Rating Summary:
23 Buy, 21 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 5 | New: 17
Join SI Premium – FREE
Credit Suisse reiterated an Underperform rating on Deckers Outdoor (NASDAQ: DECK) with a price target of $50.00. Analyst Christian Buss said a review of holiday demand puts Q4 earnings power at risk.
Buss noted that holiday trends included - ongoing declines at visits to UGG web properties, soft point-of-sales monthly data, increased product availability late in season, late seasonal promotional activity in the U.S. and China, and retailer emphasis on alternative products and categories in marketing materials .
Credit Suisse sees Q4 EPS of $3.45 on revenue of $684.7 million. This compares to consensus EPS/revenue of $3.75/$708.88 million.
For an analyst ratings summary and ratings history on Deckers Outdoor click here. For more ratings news on Deckers Outdoor click here.
Shares of Deckers Outdoor closed at $85.91 yesterday.
Buss noted that holiday trends included - ongoing declines at visits to UGG web properties, soft point-of-sales monthly data, increased product availability late in season, late seasonal promotional activity in the U.S. and China, and retailer emphasis on alternative products and categories in marketing materials .
Credit Suisse sees Q4 EPS of $3.45 on revenue of $684.7 million. This compares to consensus EPS/revenue of $3.75/$708.88 million.
For an analyst ratings summary and ratings history on Deckers Outdoor click here. For more ratings news on Deckers Outdoor click here.
Shares of Deckers Outdoor closed at $85.91 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Kepler Cheuvreux Starts Jet2 plc (JET2:LN) (DRTGF) at Buy
- Oppenheimer Reiterates Outperform Rating on NVIDIA (NVDA) Into EPS
- JPMorgan Upgrades TIC Solutions (TIC) to Neutral
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS View, Retail Sales, Short SalesRelated Entities
Credit Suisse, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
