Zooming in on shares of Deckers Outdoor Corporation (NYSE:DECK), we note that the average target price is presently $171. This is the consensus target based on projections provided by the covering analysts polled. Wall Street analysts have the ability to provide price target predictions for stocks that they cover. Price target estimates can be calculated using various methods. Many investors will track stock target prices, especially when analysts make changes to the projections. A good research report will generally give detailed reasoning for a specific target price estimate. Some investors may follow analyst targets very closely and use the information to complement their own stock research.
Investing in the stock market can sometimes be a wild ride. Without the proper planning and research, investors may quickly find themselves on the outside looking in. Doing the research and studying the market can be helpful, but creating a trading or investing plan may be the most important part of the process. When the back testing and practice is completed, the real challenge awaits. The practice and preparation can be very helpful for understanding the market, but when real money gets put on the line, it can be a whole different ballgame. The more successful traders and investors are the ones who are able to stay focused and disciplined even throughout turbulent market situations.
Checking in on stock price activity for Deckers Outdoor Corporation (NYSE:DECK), we have recently seen shares trading near the $138.54 mark. Investors will often track the current stock price in relation to its 52-week high and low levels. The 52-week high is currently $179.06, and the 52-week low is presently $102.49. When the current stock price is trading close to either the 52-week high or 52-week low, investors may pay closer attention to see if there will be a breakthrough that level. Over the past 12 weeks, the stock has seen a change of -10.19%. Going back to the start of the calendar year, we can see that shares have moved 6.5%. Pulling the focus closer to the past 4 weeks, shares have seen a change of -23.26%. Over the past 5 trading days, the stock has moved 2.5%.
Taking a quick look at analyst opinions, we can see that the current average broker recommendation on shares of Deckers Outdoor Corporation (NYSE:DECK) is presently 2.2. Out of the covering analysts polled by Zacks Research, 4 have put a Strong Buy or Buy rating on the stock.
As earnings season comes into focus, investors will be closely tracking sell-side estimates. According to analysts polled by Zacks Research, the current quarter EPS consensus estimate is currently sitting at 2.3 for shares of Deckers Outdoor Corporation (NYSE:DECK). The number consists of estimates provided by 5 contributing analysts. For the last reporting period, the company posted a quarterly EPS of -0.67. The consensus estimate for last quarter before the earnings report was -1.15. Looking out further to the next quarter EPS estimate, the consensus is currently resting at 6.34. This consensus estimate includes 5 analysts taken into consideration by Zacks. Shifting the focus to the current fiscal year EPS estimate, the number is currently 7.99. Widening the gaze to the next fiscal year, we can see that the consensus EPS estimate is presently 8.65.
As many investors probably already know, there is no one way to select winning stocks. There are plenty of different theories and ideas out there, and it may become overwhelming to look at all of them. Individual investors who manage their own money may have to dedicate an ample amount of time to find a strategy that works for them. Understanding portfolio diversification, personal risk tolerance, and time horizon may be a good place for the investor to start. Because there is no guarantee that past performance will indicate future results, investors may have to be willing to come at the market from a few different angles.
