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723900.0
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2023-03-20 00:00:00 UTC
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Deckers Outdoor Corp. Shares Climb 1.5% Past Previous 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-climb-1.5-past-previous-52-week-high-market-mover
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nan
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nan
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Deckers Outdoor Corp. (DECK) shares closed 1.5% higher than its previous 52 week high, giving the company a market cap of $11B. The stock is currently up 7.3% year-to-date, up 74.5% over the past 12 months, and up 346.8% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%.
Trading Activity
Trading volume this week was 31.1% lower than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
The Relative Strength Index (RSI) on the stock was between 30 and 70.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -56.6%
The company's stock price performance over the past 12 months beats the peer average by 606.2%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed 1.5% higher than its previous 52 week high, giving the company a market cap of $11B. Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -56.6% The company's stock price performance over the past 12 months beats the peer average by 606.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed 1.5% higher than its previous 52 week high, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -56.6% The company's stock price performance over the past 12 months beats the peer average by 606.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed 1.5% higher than its previous 52 week high, giving the company a market cap of $11B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -56.6% The company's stock price performance over the past 12 months beats the peer average by 606.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed 1.5% higher than its previous 52 week high, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.
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d7be041b-2c83-4061-b068-edc652b2b273
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723901.0
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2023-03-17 00:00:00 UTC
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Burlington Stores (BURL) Banks on Strategies: Apt to Hold
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DECK
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https://www.nasdaq.com/articles/burlington-stores-burl-banks-on-strategies%3A-apt-to-hold
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nan
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nan
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Burlington Stores, Inc. BURL stock seems well-poised for growth, thanks to the successful execution of its Burlington 2.0 strategy and its Full Potential plan. The main objective of the 2.0 initiative is to significantly improve the execution of the off-price model and offer great value to the consumers. The company has also been progressing well in its store-expansion efforts for a while now.
Benefiting from such tailwinds, shares of this Zacks Rank #3 (Hold) company have surged 54.3%, outperforming the industry’s 0.2% growth over the past six months.
Moving forward, the consensus mark for BURL’s fiscal 2023 earnings per share of $6.11 suggests year-over-year growth of 43.4%. The consensus estimate for the next fiscal year’s sales of $9.87 billion mirrors a 13.4% rise from the last fiscal year.
Image Source: Zacks Investment Research
Detailing Growth Efforts
Via the 2.0 initiative, Burlington Stores focuses on offering great customer value by effectively managing liquidity, chasing sales, buying opportunistically and more operational flexibility. Under the operational aspect, it wants to achieve more flexibility via faster and more responsive supply chain and by more flexible store staffing model. This initiative is expected to drive the company’s top-line and operating margin growth.
Additionally, Burlington Stores has made multiple changes to its business model to adapt to the ongoing changes in the industry. The company’s off-price model is helping customers to get nationally branded, fashionable, high-quality as well as right-priced products.
To drive top-line growth, Burlington Stores is focused on store expansion. The company’s store-related efforts including smaller store prototypes have been on track. Management had earlier stated that it has potential to expand the store base to 2,000 stores. During the fiscal fourth quarter, BURL inaugurated 34 net stores, taking the total store base to 927. This comprised 39 store openings, five relocations and no closings. For fiscal 2023, management expects to open 70 to 80 net new stores. Management believes that it can grow its new store program and help them open 500 to 600 net new stores in the following five years.
Management believes that it still has significant opportunity to drive growth, improve profitability and achieve its off-price Full Potential plan. Management remains optimistic about the outlook for fiscal 2023 and expects both the top line and bottom line to grow year over year.
Although the company has been facing higher supply chain expenses and competitive pressures, the upsides mentioned above will likely help Burlington to battle such hurdles.
3 Key Picks
Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK.
IPAR has an expected long-term earnings growth rate of 15% and a trailing four-quarter earnings surprise of 36.2%, on average. Inter Parfums currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Inter Parfums’ current financial year sales suggests growth of 10.8% from the year-ago reported numbers.
The Kroger Co. operates in the thin-margin grocery industry. It currently flaunts a Zacks Rank of 2. KR has a trailing four-quarter earnings surprise of 9.8%, on average.
The Zacks Consensus Estimate for Kroger’s current financial year sales and earnings suggests growth of 2.5% and 6.2%, respectively, from the prior-year reported numbers.
Deckers Outdoor, a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2 (Buy). DECK has a trailing four-quarter earnings surprise of 31%, on average.
The Zacks Consensus Estimate for Deckers’ current financial year sales and earnings suggests growth of 12.2% and 13.6%, respectively, from the corresponding year-ago reported figures.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
The Kroger Co. (KR) : Free Stock Analysis Report
Inter Parfums, Inc. (IPAR) : Free Stock Analysis Report
Burlington Stores, Inc. (BURL) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor, a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2 (Buy). 3 Key Picks Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK. DECK has a trailing four-quarter earnings surprise of 31%, on average.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Inter Parfums, Inc. (IPAR) : Free Stock Analysis Report Burlington Stores, Inc. (BURL) : Free Stock Analysis Report To read this article on Zacks.com click here. 3 Key Picks Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK. Deckers Outdoor, a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2 (Buy).
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Inter Parfums, Inc. (IPAR) : Free Stock Analysis Report Burlington Stores, Inc. (BURL) : Free Stock Analysis Report To read this article on Zacks.com click here. 3 Key Picks Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK. Deckers Outdoor, a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2 (Buy).
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3 Key Picks Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK. Deckers Outdoor, a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2 (Buy). DECK has a trailing four-quarter earnings surprise of 31%, on average.
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591ee132-d54a-4daf-87cb-7f27aa8b5107
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723902.0
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2023-03-17 00:00:00 UTC
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Spectrum Brands' (SPB) Strategic Efforts Aid Amid Currency Woes
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DECK
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https://www.nasdaq.com/articles/spectrum-brands-spb-strategic-efforts-aid-amid-currency-woes
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nan
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nan
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Spectrum Brands SPB has been riding on its Global Productivity Improvement Plan and strategic transformation plans. Also, gains from cost-reduction efforts act as an upside.
Notably, the company has been streamlining its organizational structure and re-energizing its employee base. The company is committed to improving operational efficiencies throughout and limiting risk.
It is focused on transforming the company into a pure-play global Pet, and Home & Garden business. As part of its strategic transformation, the company anticipates concluding the HHI transaction and collecting $4.3 billion in cash by June 2023.
The company is also focused on its Global Productivity Improvement Plan (GPIP), which aims at improving its operating efficiency and effectiveness, while focusing on consumer insights and growth-enabling functions, including technology, marketing, and research and development. The majority of savings are expected to be reinvested into growth initiatives and consumer insights, R&D, and marketing across each of the businesses. The plan will also enable the company to deliver value creation and sustainable growth in the long term.
As a result, first-quarter fiscal 2023 operating expenses of $222.1 million declined 8.6% year over year. Prior to this, the metric fell 15% year over year in the fourth quarter of fiscal 2022.
Image Source: Zacks Investment Research
We note that shares of this Zacks Rank #3 (Hold) company have gained 5.3% in the past three months against the industry’s decline of 2%.
However, Spectrum Brands continues to reel under high retail inventory that weighed on the volume of products sold in the fiscal first quarter. This, along with a difficult economic environment and dismal demand, acts as deterrents.
Consequently, earnings and sales missed in first-quarter fiscal 2023 for the third straight quarter. The company reported an adjusted loss of 32 cents per share, wider than a loss of 6 cents in the year-ago period. This was mainly due to weak adjusted EBITDA stemming from adverse currency.
Net sales fell 5.8% year over year to $713.3 million. Excluding the currency headwinds and sales gains from buyouts, organic net sales declined 9.5%. The downside was mainly due to lower replenishment orders, stemming from higher retail inventory and slower holiday POS. Going into 2023, the company expects flat year-over-year sales, including the adverse impacts of foreign currency.
Also, unfavorable currency remains worrisome. Negative currency impacted revenues by $39.6 million in the fiscal first quarter. The Home & Personal Care, and Global Pet Care segments were hurt by adverse currency to the tune of $25.7 million and $13.9 million, respectively.
Stocks to Consider
Some better-ranked companies are Ralph Lauren RL, H&R Block HRB and Deckers Outdoor DECK.
Ralph Lauren, a footwear and accessories dealer, sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Ralph Lauren’s next-financial-year sales and EPS suggests growth of 5% and 12.8%, respectively, from the year-ago reported figures. RL has a trailing four-quarter earnings surprise of 23.6%, on average.
Deckers Outdoor currently carries a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 31%, on average.
The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and earnings suggests growth of 12% and 13.5% from the year-ago period’s reported numbers, respectively.
H&R Block provides assisted income tax return preparation and do-it-yourself tax return preparation services. HRB currently carries a Zacks Rank #2.
The Zacks Consensus Estimate for H&R Block’s current financial year’s EPS suggests growth of 9.4% from the year-ago reported figure. H&R Block has a trailing four-quarter earnings surprise of 10.7%, on average.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Ralph Lauren Corporation (RL) : Free Stock Analysis Report
H&R Block, Inc. (HRB) : Free Stock Analysis Report
Spectrum Brands Holdings Inc. (SPB) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and earnings suggests growth of 12% and 13.5% from the year-ago period’s reported numbers, respectively. Stocks to Consider Some better-ranked companies are Ralph Lauren RL, H&R Block HRB and Deckers Outdoor DECK. Deckers Outdoor currently carries a Zacks Rank #2 (Buy).
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The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and earnings suggests growth of 12% and 13.5% from the year-ago period’s reported numbers, respectively. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report H&R Block, Inc. (HRB) : Free Stock Analysis Report Spectrum Brands Holdings Inc. (SPB) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Some better-ranked companies are Ralph Lauren RL, H&R Block HRB and Deckers Outdoor DECK.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report H&R Block, Inc. (HRB) : Free Stock Analysis Report Spectrum Brands Holdings Inc. (SPB) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Some better-ranked companies are Ralph Lauren RL, H&R Block HRB and Deckers Outdoor DECK. Deckers Outdoor currently carries a Zacks Rank #2 (Buy).
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The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and earnings suggests growth of 12% and 13.5% from the year-ago period’s reported numbers, respectively. Stocks to Consider Some better-ranked companies are Ralph Lauren RL, H&R Block HRB and Deckers Outdoor DECK. Deckers Outdoor currently carries a Zacks Rank #2 (Buy).
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ce4d5fce-b4c7-4716-abf6-416281a404f5
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723903.0
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2023-03-16 00:00:00 UTC
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Here's Why You Should Invest in Crocs (CROX) Right Away
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DECK
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https://www.nasdaq.com/articles/heres-why-you-should-invest-in-crocs-crox-right-away
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nan
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nan
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Crocs CROX appears to be a lucrative pick for investors as the company boasts solid consumer demand in the Crocs and HEYDUDE brands, as well as strength in clogs, sandals and Jibbitz categories. This led to the robust fourth-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate for the eleventh straight quarter in the fourth quarter.
Adjusted earnings were $2.65 per share, rising 23.3% from $2.15 in the year-ago period. Revenues advanced 61.1% (or 64.8% on a constant-currency basis) year over year to $945.2 million in the reported quarter, driven by growth across all regions and channels.
Consequently, shares of this Zacks Rank #2 (Buy) company have outperformed the industry and the overall Consumer Discretionary sector in the past month. This Zacks Rank #2 (Buy) stock has rallied 25.1% compared with the industry’s growth of 7.1% and against the sector’s decline of 1.5%.
Image Source: Zacks Investment Research
That said, let’s delve into the factors that make Crocs a promising bet.
What’s Driving CROX?
Its previously acquired HEYDUDE, which sells lightweight, casual shoes and sandals for men, women and children, bodes well. This is the second high-growth and highly profitable brand added to the Crocs portfolio. HEYDUDE’s consumer-insight-driven casual, comfortable and lightweight products perfectly fit CROX’s existing portfolio. The acquisition is likely to diversify Crocs’ brand portfolio and add to its digital penetration, as HEYDUDE already has a strong online presence.
Notably, the HEYDUDE brand’s fourth-quarter revenues advanced 37% year over year to $279.2 million. For 2023, revenues related to the HEYDUDE buyout are likely to grow in the mid-20% range on a reported basis. Management expects the HEYDUDE brand to attain $1 billion in revenues in 2023.
Crocs has been making significant progress in expanding digital and omnichannel capabilities. Digital sales advanced 80% year over year in the fourth quarter, marking significant growth from the prior-year quarter’s 41%. The metric represented 45.1% of the total revenues, up from the prior-year quarter’s figure of 40.3%. This was mainly driven by brand strength, new products, refined user experience and marketing activities. Increased focus on the Crocs mobile app and global social platforms aided digital sales. Gains from strategic collaborations, influencer campaigns, and digital and social marketing efforts remained upsides.
CROX is on track with its long-term strategy and key initiatives to deliver sustainable growth. It expects to generate revenues of more than $5 billion by 2026, witnessing compounded annual growth rate (CAGR) of more than 17% in the next five years. The company expects to attain the revenue target, driven by strong digital sales, improved market share for sandals, growth in Asia, and innovative product and marketing. Management expects four times revenue growth in sandals by 2026.
The company sees long-term opportunities in Asia, primarily in China, which is the second-largest footwear market in the world. Management expects revenue growth to witness a CAGR of 25% and represent 24% of the total revenues in 2026. The company targets at least 50% of total revenues to come from digital channels by the end of 2026. Driven by strong revenue growth, the company anticipates improved profitability and cash flows through 2026. It expects an adjusted operating margin of more than 26% and annual free cash flow in excess of $1 billion by the end of 2026.
Driven by these factors, along with the impressive quarterly results, management issued upbeat guidance for 2023. For 2023, revenues are anticipated to grow 10-13% to $3.9-$4 billion. Brand-wise, Crocs’ revenues are anticipated to be 6-8% on a reported basis and 9-11% on a cc basis. Meanwhile, HEYDUDE’s revenues are predicted to grow in the mid-20% range on a reported basis. Adjusted earnings are envisioned at $11-$11.31 per share, with an adjusted operating margin of 26%.
For first-quarter 2023, revenues are expected to grow 27-30% from the prior-year quarter’s reported figure of $660.1 million. Adjusted earnings are forecast to be $2.06-$2.19 per share and the adjusted operating margin is likely to be 24-25%.
Bottom Line
Although inflation and elevated freight costs remain looming concerns, we believe that online strength, solid demand and well-chalked-out endeavors will help Crocs sustain its stellar show. Also, a long-term earnings growth rate of 15% and a VGM Score of A reflect its inherent strength. Topping it, earnings estimates for the current financial year have increased 4.7% to $11.19 over the past 30 days.
Other Stocks to Consider
Some other top-ranked companies are Ralph Lauren RL, H&R Block HRB and Deckers Outdoor DECK.
Ralph Lauren, a footwear and accessories dealer, flaunts a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Ralph Lauren’s next-financial-year sales and EPS suggests growth of 5% and 12.8%, respectively, from the year-ago reported figures. RL has a trailing four-quarter earnings surprise of 23.6%, on average.
Deckers Outdoor currently carries a Zacks Rank #2. The company has a trailing four-quarter earnings surprise of 31%, on average.
The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and earnings suggests growth of 12% and 13.5% from the year-ago period’s reported numbers, respectively.
H&R Block provides assisted income tax return preparation and do-it-yourself tax return preparation services. HRB currently carries a Zacks Rank #2.
The Zacks Consensus Estimate for H&R Block’s current financial year’s EPS suggests growth of 9.4% from the year-ago reported figure. H&R Block has a trailing four-quarter earnings surprise of 10.7%, on average.
Is THIS the Ultimate New Clean Energy Source? (4 Ways to Profit)
The world is increasingly focused on eliminating fossil fuels and ramping up use of renewable, clean energy sources. Hydrogen fuel cells, powered by the most abundant substance in the universe, could provide an unlimited amount of ultra-clean energy for multiple industries.
Our urgent special report reveals 4 hydrogen stocks primed for big gains - plus our other top clean energy stocks.
See Stocks Now
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Ralph Lauren Corporation (RL) : Free Stock Analysis Report
H&R Block, Inc. (HRB) : Free Stock Analysis Report
Crocs, Inc. (CROX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and earnings suggests growth of 12% and 13.5% from the year-ago period’s reported numbers, respectively. Other Stocks to Consider Some other top-ranked companies are Ralph Lauren RL, H&R Block HRB and Deckers Outdoor DECK. Deckers Outdoor currently carries a Zacks Rank #2.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report H&R Block, Inc. (HRB) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Some other top-ranked companies are Ralph Lauren RL, H&R Block HRB and Deckers Outdoor DECK. Deckers Outdoor currently carries a Zacks Rank #2.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report H&R Block, Inc. (HRB) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Some other top-ranked companies are Ralph Lauren RL, H&R Block HRB and Deckers Outdoor DECK. Deckers Outdoor currently carries a Zacks Rank #2.
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Other Stocks to Consider Some other top-ranked companies are Ralph Lauren RL, H&R Block HRB and Deckers Outdoor DECK. Deckers Outdoor currently carries a Zacks Rank #2. The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and earnings suggests growth of 12% and 13.5% from the year-ago period’s reported numbers, respectively.
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abe553a3-9e09-4664-8f3d-c20a6d015150
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723904.0
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2023-03-16 00:00:00 UTC
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Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick
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DECK
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https://www.nasdaq.com/articles/are-you-a-growth-investor-this-1-stock-could-be-the-perfect-pick-205
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nan
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nan
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores?
The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value Score
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth Score
Growth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum Score
Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM Score
What if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank
The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +25.41% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Deckers (DECK)
Founded in 1973 and headquartered in Goleta, California, Deckers Outdoor Corporation is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. The company sell products primarily under five proprietary brands — UGG, HOKA, Teva, Sanuk, and Koolaburra.
DECK is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. DECK has a Growth Style Score of A, forecasting year-over-year earnings growth of 13.6% for the current fiscal year.
Nine analysts revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $0.36 to $18.47 per share. DECK also boasts an average earnings surprise of 31%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, DECK should be on investors' short list.
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Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stock to Watch: Deckers (DECK) Founded in 1973 and headquartered in Goleta, California, Deckers Outdoor Corporation is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. DECK is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. DECK has a Growth Style Score of A, forecasting year-over-year earnings growth of 13.6% for the current fiscal year.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report To read this article on Zacks.com click here. Stock to Watch: Deckers (DECK) Founded in 1973 and headquartered in Goleta, California, Deckers Outdoor Corporation is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. DECK is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors.
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Stock to Watch: Deckers (DECK) Founded in 1973 and headquartered in Goleta, California, Deckers Outdoor Corporation is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. DECK is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. DECK has a Growth Style Score of A, forecasting year-over-year earnings growth of 13.6% for the current fiscal year.
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DECK is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. Stock to Watch: Deckers (DECK) Founded in 1973 and headquartered in Goleta, California, Deckers Outdoor Corporation is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. DECK has a Growth Style Score of A, forecasting year-over-year earnings growth of 13.6% for the current fiscal year.
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4fce64ae-5f84-4952-be08-e59564d13d02
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723905.0
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2023-03-16 00:00:00 UTC
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2 Undervalued Apparel Stocks I'd Buy in a Heartbeat
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DECK
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https://www.nasdaq.com/articles/2-undervalued-apparel-stocks-id-buy-in-a-heartbeat
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nan
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nan
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Many investors believe they need to chase the latest technology trends to find big winners in the stock market, but that's not true at all. Lululemon Athletica (NASDAQ: LULU) and Deckers Outdoor (NYSE: DECK) are leading apparel brands that delivered market-crushing returns over the last decade. If you had invested a total of $1,000 10 years ago -- with $500 into each stock -- you would now have $6,415.
It's not too late to buy these two apparel stocks. Their brands are still posting impressive numbers to deliver more great returns.
1. Lululemon Athletica
Lululemon is the next global athletic-wear brand in the making. It started with its first official store in Vancouver, British Columbia, in 2000 and has been expanding ever since. The brand has taken off with its blend of proprietary technical fabrics with everyday clothing styles, and it still has a world of opportunity ahead.
North American revenue made up most of the business in the most recent quarter, leaving only 17% of its total sales coming from outside of North America, most notably in Europe and China.
Despite economic challenges in China, Lululemon reported nearly 70% year-over-year revenue growth from this key market last quarter, with men's sales up 28%, women's up 23%, and accessories up 52%. The company has been investing in international markets for several years, but it still has a long way to go, which is good news for investors.
While international revenue grew at a compound annual rate of 42% over the last three years, what's most exciting is that Lululemon's home turf continues to provide ample growth opportunities. U.S. revenue increased by 29% year over year last quarter, with Canada revenue up 11%.
A key to Lululemon's growth has been its ability to drive online sales, which made up 41% of the business last quarter. And management continues to identify new opportunities to stretch its addressable market, including footwear.
The company has a long record of consistent growth, with the brand on a clear path to further global expansion. The stock trades 39% off its all-time high, so there's not going to be a better opportunity to buy shares.
The stock's forward price-to-earnings (P/E) ratio of 25 is not cheap, but it's a reasonable premium to pay for a fast-growing apparel business. The average stock in the S&P 500 index, which doesn't have the growth prospects of Lululemon, trades at 21 times earnings. If this stock were any cheaper, it would be a steal.
2. Deckers Outdoor
Deckers has delivered consistent growth for more than a decade. The Ugg brand is the company's largest driver of sales, but in recent years, Decker has started to develop Hoka into a hot brand in performance footwear.
Hoka revenue grew a robust 91% year over year in the most recent quarter, which is impressive given the weak retail environment over the holidays. This is no fluke -- Hoka has been consistently delivering robust growth going back to before the pandemic. In fact, it has accelerated, which means the brand could have a long runway ahead. Google Trends shows steadily growing search queries for Hoka over the last five years, indicating consumers are increasingly seeking out the brand. Sales through direct-to-consumer channels more than doubled last quarter.
Hoka is winning over consumers because of its special cushioning that emphasizes comfort and support. The high rate of growth in recent years suggests it has the makings of a multibillion-dollar brand. Hoka represented 26% of overall revenue in the last quarter, but it will likely remain the key growth driver for Deckers. The brand just crossed $1 billion in annual revenue earlier last year, but that pales in comparison with larger footwear brands like Nike and Adidas, which sell billions of dollars worth of footwear every year.
The best aspect of Deckers is its consistent operating history. Revenue has more than doubled over the last 10 years, with earnings growing much faster, indicating that management has its focus on delivering profitable growth for shareholders.
Even with higher inventory and supply disruptions over the last year, Deckers still reported a 16% year-over-year increase in earnings per share through the first three quarters of the year.
The stock trades close to all-time highs but remains an attractive buy, at a forward P/E of just 22 times this year's earnings estimate.
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John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lululemon Athletica and Nike. The Motley Fool recommends the following options: long January 2025 $47.50 calls on Nike. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Lululemon Athletica (NASDAQ: LULU) and Deckers Outdoor (NYSE: DECK) are leading apparel brands that delivered market-crushing returns over the last decade. Deckers Outdoor Deckers has delivered consistent growth for more than a decade. The Ugg brand is the company's largest driver of sales, but in recent years, Decker has started to develop Hoka into a hot brand in performance footwear.
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Deckers Outdoor Deckers has delivered consistent growth for more than a decade. Lululemon Athletica (NASDAQ: LULU) and Deckers Outdoor (NYSE: DECK) are leading apparel brands that delivered market-crushing returns over the last decade. The Ugg brand is the company's largest driver of sales, but in recent years, Decker has started to develop Hoka into a hot brand in performance footwear.
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The Ugg brand is the company's largest driver of sales, but in recent years, Decker has started to develop Hoka into a hot brand in performance footwear. Lululemon Athletica (NASDAQ: LULU) and Deckers Outdoor (NYSE: DECK) are leading apparel brands that delivered market-crushing returns over the last decade. Deckers Outdoor Deckers has delivered consistent growth for more than a decade.
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Deckers Outdoor Deckers has delivered consistent growth for more than a decade. Lululemon Athletica (NASDAQ: LULU) and Deckers Outdoor (NYSE: DECK) are leading apparel brands that delivered market-crushing returns over the last decade. The Ugg brand is the company's largest driver of sales, but in recent years, Decker has started to develop Hoka into a hot brand in performance footwear.
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17c83984-0716-4e22-bc34-2a664e328ba0
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723906.0
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2023-03-15 00:00:00 UTC
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Tractor Supply (TSCO) Banks on Neighbor's Club Program for Growth
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DECK
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https://www.nasdaq.com/articles/tractor-supply-tsco-banks-on-neighbors-club-program-for-growth
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nan
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nan
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Tractor Supply Company TSCO relaunched its Neighbor's Club program in April 2021 to improve its operating capabilities. Since its relaunch, the company's high-value customers have increased by approximately 50%. These high -value customers shop more frequently and spend more money, thereby increasing sales of the company.
TSCO announced its fiscal 2022 results wherein net sales increased 11.6% to $14.2 billion. The company stated that 75% of the sales during fiscal 2022 was contributed by Neighbor's Club Program and the program’s membership exceeded 28 million members.
Tractor Supply announced expansion of the Neighbor's Club program with Petsense, one of the brands under TSCO. This expansion will deepen the relationship with existing customers and help attract new pet customers. The company noted that Neighbor's Club membership represented approximately 50% of sales at Petsense.
Shares of this Zacks Rank #3 (Hold) company have gained 20.8% in the past six months compared with the industry's 16.7% growth.
Image Source: Zacks Investment Research
What Else is Driving Growth?
Tractor Supply is on track to build a new distribution center in Arkansas to support its expansion of supply chain and higher volumes in its existing stores. Post completion of its new distribution center in late 2023, management expects to generate 450 new full-time jobs and service about 250 stores at full capacity. On Jan 18, 2023, management also launched its largest and ninth distribution center located in Navarre, OH.
Earlier, the company launched the field activity support team (FAST) and implemented various technology and service enhancements across the enterprise. FAST has made powerful contributions to the company’s in-stock performance and execution of its sales-driving initiatives.
Given the changing consumer trends, Tractor Supply is focused on integrating its physical and digital operations to offer consumers a seamless shopping experience.
The company is on track with the ONETractor strategy to connect stores and online shopping. Its e-commerce business witnessed mid-single-digit growth from the prior year. As of year-end, the Tractor Supply app has had over 4.4 million downloads since its launch.
TSCO’s store expansion initiatives bode well. It is well-positioned to expand its store base. In the fourth quarter of fiscal 2022, the company opened 39 Tractor Supply stores and six Petsense stores. During the said quarter, the company acquired 81 stores from Orscheln Farm and Home that will be rebranded to Tractor Supply by the end of 2023. Management is on track with its store-opening initiatives. It plans to open approximately 70 Tractor Supply stores and 10-15 Petsense stores in 2023.
Driven by these factors, management announced compelling guidance for fiscal 2023. The view reflects the recent acquisition of Orscheln Farm and Home and the cost for new distribution center.
For fiscal 2023, the company expects net sales in the range of $15.0-$15.3 billion, up from $14.20 billion reported in the prior period. Comps are likely to grow 3.5-5.5% on a year-over-year basis. The operating margin is anticipated to be 10.1-10.3%. Earnings per share is likely to be $10.30-$10.60, up from $9.71 reported in the previous period.
Wrapping up
Tractor Supply has been facing challenging macro environment factors for a while now. The company has also been witnessing cost pressure across the supply chain. Management expects transportation costs to continue to be higher year over year in the first quarter of 2023 with recovery in the second half of 2023.
Nonetheless, the upsides mentioned above will likely to help Tractor Supply to battle such hurdles.
3 Solid Picks
Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK.
IPAR has an expected long-term earnings growth rate of 15% and a trailing four-quarter earnings surprise of 36.2%, on average. Inter Parfums currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Inter Parfums’ current financial year sales suggests growth of 10.8% from the year-ago reported numbers.
The Kroger Co. operates in the thin-margin grocery industry, currently carries a Zacks Rank of 2 (Buy). KR has a trailing four-quarter earnings surprise of 9.8%, on average.
The Zacks Consensus Estimate for Kroger’s current financial year sales and earnings suggests growth of 2.5% and 6.2%, respectively, from the prior-year reported numbers.
Deckers Outdoor is a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2. DECK has a trailing four-quarter earnings surprise of 31%, on average.
The Zacks Consensus Estimate for Deckers’ current financial year sales and earnings suggests growth of 12.2% and 13.6%, respectively, from the corresponding year-ago reported figures.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Tractor Supply Company (TSCO) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
The Kroger Co. (KR) : Free Stock Analysis Report
Inter Parfums, Inc. (IPAR) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor is a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2. 3 Solid Picks Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK. DECK has a trailing four-quarter earnings surprise of 31%, on average.
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The Zacks Consensus Estimate for Deckers’ current financial year sales and earnings suggests growth of 12.2% and 13.6%, respectively, from the corresponding year-ago reported figures. Click to get this free report Tractor Supply Company (TSCO) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Inter Parfums, Inc. (IPAR) : Free Stock Analysis Report To read this article on Zacks.com click here. 3 Solid Picks Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK.
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Click to get this free report Tractor Supply Company (TSCO) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Inter Parfums, Inc. (IPAR) : Free Stock Analysis Report To read this article on Zacks.com click here. 3 Solid Picks Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK. Deckers Outdoor is a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2.
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3 Solid Picks Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK. Deckers Outdoor is a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2. DECK has a trailing four-quarter earnings surprise of 31%, on average.
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1b3919bd-7aa8-439d-9475-48faaec4f788
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723907.0
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2023-03-15 00:00:00 UTC
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Is Deckers Outdoor (DECK) Stock Outpacing Its Consumer Discretionary Peers This Year?
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DECK
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https://www.nasdaq.com/articles/is-deckers-outdoor-deck-stock-outpacing-its-consumer-discretionary-peers-this-year
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nan
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The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Deckers (DECK) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
Deckers is one of 281 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Deckers is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for DECK's full-year earnings has moved 1.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, DECK has gained about 5.2% so far this year. Meanwhile, stocks in the Consumer Discretionary group have gained about 4.4% on average. As we can see, Deckers is performing better than its sector in the calendar year.
One other Consumer Discretionary stock that has outperformed the sector so far this year is PlayAGS (AGS). The stock is up 35.7% year-to-date.
The consensus estimate for PlayAGS's current year EPS has increased 72.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Deckers is a member of the Shoes and Retail Apparel industry, which includes 11 individual companies and currently sits at #178 in the Zacks Industry Rank. On average, this group has gained an average of 2.4% so far this year, meaning that DECK is performing better in terms of year-to-date returns.
PlayAGS, however, belongs to the Gaming industry. Currently, this 41-stock industry is ranked #76. The industry has moved +20.9% so far this year.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Deckers and PlayAGS as they could maintain their solid performance.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
PlayAGS, Inc. (AGS) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers (DECK) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Deckers and PlayAGS as they could maintain their solid performance. Deckers is one of 281 individual stocks in the Consumer Discretionary sector.
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Over the past three months, the Zacks Consensus Estimate for DECK's full-year earnings has moved 1.9% higher. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report PlayAGS, Inc. (AGS) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers (DECK) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole?
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report PlayAGS, Inc. (AGS) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers (DECK) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Deckers is one of 281 individual stocks in the Consumer Discretionary sector.
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As we can see, Deckers is performing better than its sector in the calendar year. Deckers (DECK) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Deckers is one of 281 individual stocks in the Consumer Discretionary sector.
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8f244bd1-29ab-43d7-b7be-eafbff075c89
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723908.0
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2023-03-15 00:00:00 UTC
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Here's Why Snap-on (SNA) is Marching Ahead of the Industry
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DECK
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https://www.nasdaq.com/articles/heres-why-snap-on-sna-is-marching-ahead-of-the-industry
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nan
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nan
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Snap-on SNA has been gaining from a continued positive business momentum and contributions from its Value Creation plan despite the tough environment. Management is on track with its Rapid Continuous Improvement process and other cost-reduction initiatives.
This led to a robust surprise trend, which continued in fourth-quarter 2022, wherein both the top and bottom lines beat the Zacks Consensus Estimate. It marked the 10th straight earnings beat and the 11th consecutive sales surprise. Earnings and sales improved year over year.
Adjusted earnings of $4.42 per share improved 7.8% from earnings of $4.10 reported in the prior-year quarter. Net sales grew 4.3% to $1,155.9 million driven by organic sales growth of 8%, partly offset by $37.7 million of negative impacts of foreign-currency translations. Sales and organic sales grew 21% and 22.7%, respectively, from the pre-pandemic levels of 2019.
Adjusted gross profit grew 5.1% year over year. Gross margin expanded 40 basis points (bps) year over year to 48.5%. The upside was backed by higher sales volume and gains from the RCI initiatives, which more than offset higher material and other costs.
The company’s operating earnings before financial services totaled $248 million, up 6.8% year over year.
As a percentage of sales, operating earnings before financial services expanded 50 bps to 21.5% in the fourth quarter.
Consolidated operating earnings (including financial services) were $311.9 million, up 4.2% year over year. As a percentage of sales, operating earnings were flat year over year at 25.1%.
Other Factors Driving the Stock
SNA remains on track with its Rapid Continuous Improvement process and other cost-reduction initiatives. The RCI process is designed to enhance organizational effectiveness and minimize costs, besides helping in boosting sales and margins, and generating savings. Savings from the RCI initiative reflect gains from continuous productivity and process improvement plans.
Management intends to boost customer services, and enhance manufacturing and supply-chain capabilities through the RCI initiatives and further investments.
Snap-on’s ability to innovate bodes well. The company has been investing in new products and increasing brand awareness across the world.
Robust business model helps in enhancing the value-creation processes, which improves safety, quality of service, customer satisfaction and innovation. The company’s growth strategy focuses on three critical areas, namely enhancing the franchise network, improving relationships with repair shop owners and managers, and expanding critical industries in emerging markets.
Image Source: Zacks Investment Research
Shares of this Zacks Rank #2 (Buy) company has gained 6.7% in the past three months compared with the industry’s growth of 1.4%.
Wrapping Up
Despite these upsides, the company continues to reel under macroeconomic headwinds, which are likely to persist in 2023. Rising cost inflation, stemming from higher raw material expenses and increased transportation costs, is likely to remain a deterrent. Also, unfavorable currency movements are concerning.
All said, Snap-on’s cost-cutting efforts, RCI plan and solid business momentum are likely to help sustain its momentum and offset inflation and currency woes. The earnings estimate for the current financial year have increased by a penny to $17.1 over the past 30 days. Topping it, a long-term earnings growth rate of 7% reflects its inherent strength.
Have a Look at These Picks
Here we have highlighted three other top-ranked stocks.
BJ's Wholesale Club BJ operates warehouse clubs. BJ currently carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for BJ's Wholesale’s current financial-year’s EPS suggests a rise of 16.6% from the year-ago reported figure. BJ's Wholesale has a trailing four-quarter earnings surprise of 18.2%, on average.
H&R Block HRB provides assisted income tax return preparation and do-it-yourself tax return preparation services. HRB currently carries a Zacks Rank #2.
The Zacks Consensus Estimate for H&R Block’s current financial-year’s EPS suggests growth of 9.4% from the year-ago reported figure. H&R Block has a trailing four-quarter earnings surprise of 10.7%, on average.
Deckers Outdoor Corporation, DECK a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2. DECK has a trailing four-quarter earnings surprise of 31%, on average.
The Zacks Consensus Estimate for Deckers’ current financial year’s sales and earnings suggest growth of 12.2% and 13.6%, respectively, from the year-ago reported figures.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Snap-On Incorporated (SNA) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report
H&R Block, Inc. (HRB) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corporation, DECK a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2. DECK has a trailing four-quarter earnings surprise of 31%, on average. The Zacks Consensus Estimate for Deckers’ current financial year’s sales and earnings suggest growth of 12.2% and 13.6%, respectively, from the year-ago reported figures.
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The Zacks Consensus Estimate for Deckers’ current financial year’s sales and earnings suggest growth of 12.2% and 13.6%, respectively, from the year-ago reported figures. Click to get this free report Snap-On Incorporated (SNA) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report H&R Block, Inc. (HRB) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation, DECK a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2.
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The Zacks Consensus Estimate for Deckers’ current financial year’s sales and earnings suggest growth of 12.2% and 13.6%, respectively, from the year-ago reported figures. Click to get this free report Snap-On Incorporated (SNA) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report H&R Block, Inc. (HRB) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation, DECK a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2.
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Deckers Outdoor Corporation, DECK a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2. DECK has a trailing four-quarter earnings surprise of 31%, on average. The Zacks Consensus Estimate for Deckers’ current financial year’s sales and earnings suggest growth of 12.2% and 13.6%, respectively, from the year-ago reported figures.
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69e2a4b8-d3ac-4fc9-9393-96b84181442d
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2023-03-14 00:00:00 UTC
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Lowe's (LOW) Benefits From Pro Business, Digital Strength
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DECK
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https://www.nasdaq.com/articles/lowes-low-benefits-from-pro-business-digital-strength
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Lowe's Companies, Inc. LOW has been benefiting from strength in its Pro businesses. Also, strong digital base has been aiding the company’s performance for a while now. Apart from this, LOW’s Total Home strategy bodes well as consumers remain engaged in home related activities.
Let’s Delve Deeper
Pro customers continue to be a significant driver for LOW's business. In the fiscal fourth quarter, U.S. pro sales jumped 10% year over year and 36% on a two-year basis. This marks the 11th straight quarter of a double-digit Pro sales increase in the Unites States.
Management is quite focused on enhancing the Pro offering. During the fiscal fourth quarter, management made strong additions to the Pro brand arsenal. This includes portfolio of drinks from Coca-Cola, partnership with Hubbell, Klein Tools and Carhartt Apparel.
Image Source: Zacks Investment Research
About its digital efforts, management has been making investments in the omnichannel to provide frictionless experience to online customers. Evidently, sales at Lowes.com increased 5% during the fourth quarter of fiscal 2022 and on top of that, 11.5% growth reported in the fourth quarter of 2021. This represents about 11% sales penetration. The company is focused on removing friction from the customers' online experience, which includes adding Apple Pay in the fiscal fourth quarter to improve conversion.
Lowe’s is also expanding the market-based delivery model by adding bulky products like grills, riding lawn mowers, stock cabinets and many more. This delivery model will enable the company to further consolidate its industry leadership position in appliances and help achieve profitable growth in the future.
Wrapping Up
Lowe’s remains prone to unfavorable foreign currency translations, owing to its exposure in the international markets. Also, the company has been facing headwinds from supply-chain costs. Such factors may weigh upon the company’s performance.
Nonetheless, the upsides mentioned above will likely help Lowe’s to battle such hurdles.
Shares of this Zacks Rank #3 (Hold) company have declined 5.1% in the past three months compared with the industry’s fall of 8.2%.
3 Solid Picks
Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK.
IPAR has an expected long-term earnings growth rate of 15% and a trailing four-quarter earnings surprise of 36.2%, on average. Inter Parfums currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Inter Parfums’ current financial year sales suggests growth of 10.8% from the year-ago reported numbers.
The Kroger Co. operates in the thin-margin grocery industry, currently carries a Zacks Rank of 2 (Buy). KR has a trailing four-quarter earnings surprise of 9.8%, on average.
The Zacks Consensus Estimate for Kroger’s current financial year sales and earnings suggests growth of 2.5% and 6.2%, respectively, from the prior-year reported numbers.
Deckers Outdoor Corporation is a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2. DECK has a trailing four-quarter earnings surprise of 31%, on average.
The Zacks Consensus Estimate for Deckers’ current financial year sales and earnings suggests growth of 12.2% and 13.6%, respectively, from the corresponding year-ago reported figures.
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Lowe's Companies, Inc. (LOW) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
The Kroger Co. (KR) : Free Stock Analysis Report
Inter Parfums, Inc. (IPAR) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corporation is a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2. 3 Solid Picks Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK. DECK has a trailing four-quarter earnings surprise of 31%, on average.
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The Zacks Consensus Estimate for Deckers’ current financial year sales and earnings suggests growth of 12.2% and 13.6%, respectively, from the corresponding year-ago reported figures. Click to get this free report Lowe's Companies, Inc. (LOW) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Inter Parfums, Inc. (IPAR) : Free Stock Analysis Report To read this article on Zacks.com click here. 3 Solid Picks Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK.
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The Zacks Consensus Estimate for Deckers’ current financial year sales and earnings suggests growth of 12.2% and 13.6%, respectively, from the corresponding year-ago reported figures. Click to get this free report Lowe's Companies, Inc. (LOW) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Inter Parfums, Inc. (IPAR) : Free Stock Analysis Report To read this article on Zacks.com click here. 3 Solid Picks Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK.
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3 Solid Picks Some top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK. Deckers Outdoor Corporation is a leading designer, producer and brand manager of innovative, niche footwear, currently carries a Zacks Rank of 2. DECK has a trailing four-quarter earnings surprise of 31%, on average.
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2023-03-14 00:00:00 UTC
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Zacks Industry Outlook Highlights NIKE, Deckers Outdoor, Skechers and Wolverine World Wide
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https://www.nasdaq.com/articles/zacks-industry-outlook-highlights-nike-deckers-outdoor-skechers-and-wolverine-world-wide
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For Immediate Release
Chicago, IL – March 14, 2023 – Today, Zacks Equity Research discusses NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Wolverine World Wide WWW.
Industry: Shoes & Retail Apparel
Link: https://www.zacks.com/commentary/2064550/4-shoes-retail-apparel-stocks-to-watch-amid-wavering-industry-trends
The Zacks Shoes and Retail Apparel industry has been dealing with hardships related to elevated costs, disrupted supply chains, reduced spending trends on discretionary items, higher freight costs and increased marketing investments. These traits have been the key burdens on the participating companies' profits. Additionally, adverse currency movements threaten the industry players due to their worldwide presence.
However, the industry players are well-poised to benefit from the favorable health and wellness trends, which have been boosting the demand for activewear and athletic shoes. The new and innovative designs, along with increased consumer awareness about leading a healthy lifestyle, will likely continue to aid sales of fitness clothes and footwear. The industry players, focused on product innovation, store expansion, digital investments and omni-channel growth, are expected to gain.
The industry participants have been investing in product innovation to gain market share. Investments in products and e-commerce portals bode well for players like NIKE Inc., Deckers Outdoor, Skechers and Wolverine World Wide.
About the Industry
The Zacks Shoes and Retail Apparel industry comprises companies that design, source and market clothing, footwear and accessories for men, women and children under various brand names. Product offerings of the companies mostly include athletic and casual footwear, fashion apparel and activewear, sports equipment, bags, balls, and other sports and fashion accessories. The companies showcase their products through their branded outlets and websites. Some companies distribute products via other retail stores such as national chains, online retailers, sporting goods stores, department stores, mass merchandisers, independent retailers and catalogs.
A Look at What's Shaping Shoes and Retail Apparel Industry's Future
Cost Headwinds: Companies in the industry are witnessing elevated costs due to factors like commodity cost inflation, increased freight costs, reinvestments and other impacts. Supply-chain constraints, and elevated ocean freight and logistic costs have been acting as deterrents. A number of companies expect increased freight and logistic costs to hurt margins in the near term. Elevated marketing expenses, higher operating overhead and demand-creating expenses, and increased investments to enhance store and digital operations have been raising SG&A costs.
Also, the industry participants are witnessing higher costs to support brand campaigns and digital investments. The exit from the Russia business due to the Ukraine-Russia conflict is likely to be the key concern for some players. A tough and competitive labor market remains another concern. These factors pose a threat to the industry players' margins.
Consumer Demand Trends: Players in the industry have been benefiting from strong consumer demand for activewear/athleisure products and footwear and the trend is expected to continue in 2023. Athletic goods and apparel companies offer products from footwear, sweatshirts, leggings, pants, jackets and tops to yoga wear and running clothes for men and women. The increasing fashion sense is boosting the demand for innovative clothes and footwear in the United States.
The industry participants have been focused on product innovations, active promotions, store expansion and enhancing e-commerce capabilities to gain market share. Favorable health & wellness trends have been the key to inspiring footwear manufacturers to expand their product portfolio. The companies continue to innovate styles, materials and colors, and incorporate functional designs to grab a large share of the fast-growing market.
Moreover, multi-functional shoes that cater to casual and formal looks have been gaining popularity. The increased participation of women in sports and outdoor activities in recent years has been a boon for industry players.
E-Commerce Investments: E-commerce has been playing a crucial role in the athleisure market's growth. The companies in the segment are looking to build a customer base through websites, social media and other digital channels. As consumers continue to shop from home, growth of athletic-inspired apparel and digital sales are likely to continue. Companies focused on expanding their athletic-based apparel lines and building on e-commerce capabilities are expected to witness growth in the long run.
Efforts to accelerate deliveries through investments in supply chains and order fulfillment avenues are likely to provide an edge to the industry players. Simultaneously, companies are investing in renovations and improved checkouts, as well as mobile point-of-sale capabilities, to make stores attractive. The efforts to enhance experiences through multiple channels are likely to contribute significantly to improving traffic and transactions both in stores and online.
Zacks Industry Rank Indicates Bleak Prospects
The Zacks Shoes and Retail Apparel Industry is an 11-stock group within the broader Zacks Consumer Discretionary sector. The industry currently carries a Zacks Industry Rank #194, which places it in the bottom 23% of more than 250 Zacks industries.
The group's Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bleak prospects for the near term. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1.
The industry's positioning in the bottom 50% of the Zacks-ranked industries is a result of a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are losing confidence in this group's earnings growth potential. In the past year, the industry's earnings estimates for 2023 have declined 28%.
Before we present a few stocks that you may want to consider for your portfolio, let's look at the industry's recent stock-market performance and the valuation picture.
Industry vs. Sector
The Zacks Shoes and Retail Apparel industry has outperformed the sector and the S&P 500 in the past year.
Stocks in the industry have collectively gained 2%, while the Zacks S&P 500 composite and the Zacks Consumer Discretionary sector have declined 9% and 16.6%, respectively.
Shoes and Retail Apparel Industry's Valuation
On the basis of forward 12-month price-to-earnings (P/E), commonly used for valuing Consumer Discretionary stocks, the industry is currently trading at 27.37X compared with the S&P 500's 17.36X and the sector's 17.69X.
Over the last five years, the industry has traded as high as 36.79X and as low as 19.85X, with the median of 26.68X.
4 Shoes & Retail Apparel Stocks to Watch
NIKE: The global leader in athletic footwear, apparel, equipment and sports-related accessories is poised to gain from its Consumer Direct Acceleration strategy, along with strong demand, compelling products, and robust performance in its digital and DTC businesses. NKE has been benefiting from its efficient digital ecosystem, which comprises its website, as well as commercial and activity apps.
With consumers' increasing digital focus, NIKE is on track with its digital revenue growth target for fiscal 2025. NKE expects revenue growth in fiscal 2025 to be led by NIKE Direct, which is anticipated to represent 60% of the total revenues on strong digital growth. The company expects NIKE-owned and partnered Digital to reach a 50% business mix in fiscal 2025, with NIKE-owned Digital accounting for 40% of the business.
As part of the Consumer Direct Acceleration, the company's immediate priorities include improving personalization and creating a consistent end-to-end technology platform. The company remains confident of its performance in fiscal 2023, driven by brand strength, consumer connections, product pipeline, and the normalization of inventory supply in North America, EMEA and APLA.
The Zacks Consensus Estimate for NKE's fiscal 2023 sales indicates growth of 6.9% from the year-ago quarter's reported figure. The consensus estimate for NKE's fiscal 2023 earnings has moved up by a penny in the past seven days. NIKE delivered an earnings surprise of 15.8%, on average, in the trailing four quarters. This Zacks Rank #2 (Buy) stock has declined 0.1% in the past year.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Deckers: The Goleta, CA-based company is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. Strength in HOKA ONE ONE and UGG brands, as well as growth in direct-to-consumer and wholesale channels, has been aiding DECK's performance. Deckers is targeting profitable and underpenetrated markets. The company is focused on product innovations, store expansion and enhancing e-commerce capabilities. DECK's focus on expanding its brand assortments, bringing a more innovative product line, targeting consumers digitally and optimizing omni-channel distribution bodes well.
Deckers has been developing its e-commerce portal to capture incremental sales. DECK has made substantial investments to strengthen its online presence and improve the shopping experience for its customers. The company's focus on opening smaller-concept omni-channel outlets and expanding programs, including Retail Inventory Online; Infinite UGG; Buy Online, Return In Store; and Click and Collect, to enhance customers' shopping experiences is likely to boost the top line in the quarters ahead.
DECK has a trailing four-quarter earnings surprise of 31%, on average. Shares of this Zacks Rank #2 company have gained 64.4% in the past year. The Zacks Consensus Estimate for DECK's fiscal 2023 sales and earnings indicates growth of 12.2% and 13.6%, respectively, from the year-ago quarter's reported figures. The consensus estimate for its fiscal 2023 EPS has moved up 0.1% in the past 30 days.
Skechers: This Manhattan Beach, CA-based company designs, develops, markets and distributes footwear for men, women and children in the United States and overseas under the SKECHERS name, as well as several unique brand names. Skechers' emphasis on new lines of products, store remodeling projects, cost-containment efforts, inventory management and global distribution platform bodes well.
SKX is focused on executing its long-term growth strategy, with a diverse assortment of innovative and comfortable products. This is expected to drive its top line in the near and long terms. Going ahead, management plans to introduce more innovative and comfort technology products, build multi-platform marketing campaigns and launch more e-commerce sites around the world.
Skechers is making strategic investments to improve infrastructure worldwide, primarily e-commerce platforms and distribution centers. It has been directing resources to enhance its digital capabilities, which includes augmenting website features, mobile applications and loyalty programs. Investments made to integrate store and digital ecosystems for developing a seamless omnichannel experience are likely to drive greater sales. Skechers' international business is a significant sales growth driver. SKX has a trailing four-quarter earnings surprise of 3.8%, on average.
The Zacks Consensus Estimate for the company's 2023 sales and earnings indicates growth of 6.4% and 24%, respectively, from the year-ago quarter's reported figure. The consensus estimate for SKX's 2023 EPS has been unchanged in the past 30 days. Shares of the Zacks Rank #3 (Hold) footwear company have increased 19.8% in the past year.
Wolverine: Wolverine is engaged in the designing, manufacturing and distribution of a wide variety of casual as well as active apparel and footwear. The company also manufactures children's footwear and specially designed boots and accessories for industrial purposes. Management recently initiated a 100-day action plan. This includes inventory reduction, debt management, Keds sale and the creation of a Profit Improvement Office to grab savings to drive growth. The company's focus on brand structure, increasing efficiency by removing costs, strategic review of its portfolio, and improving working capital and lowering leverage bode well.
Wolverine continues to focus on strengthening its DTC business. Speed-to-market initiatives, deployment of digital product development tools, expansion of e-commerce platforms and frequent introduction of products are steadily contributing to its performance. Management looks forward to generating $150 million of annual cost savings for 2024, which is likely to be invested in growth brands. It is likely to achieve $65 million in 2023. Wolverine remains confident of accomplishing a 12% operating margin in 2024.
The Zacks Consensus Estimate for WWW's 2023 earnings indicates growth of 8.5% and from the year-ago quarter's reported figure. The consensus estimate for WWW's 2023 EPS has moved up 3.4% in the past seven days. The company has a trailing four-quarter negative earnings surprise of 3.7%, on average. Shares of this Zacks Rank #3 company have declined 29.2% in the past year.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Hydrogen fuel cells are already used to provide efficient, ultra-clean energy to buses, ships and even hospitals. This technology is on the verge of a massive breakthrough, one that could make hydrogen a major source of America's power. It could even totally revolutionize the EV industry.
Zacks has released a special report revealing the 4 stocks experts believe will deliver the biggest gains.
Download Cashing In on Cleaner Energy today, absolutely free.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
NIKE, Inc. (NKE) : Free Stock Analysis Report
Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Wolverine World Wide, Inc. (WWW) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL – March 14, 2023 – Today, Zacks Equity Research discusses NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Wolverine World Wide WWW. Deckers: The Goleta, CA-based company is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. Investments in products and e-commerce portals bode well for players like NIKE Inc., Deckers Outdoor, Skechers and Wolverine World Wide.
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Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Wolverine World Wide, Inc. (WWW) : Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL – March 14, 2023 – Today, Zacks Equity Research discusses NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Wolverine World Wide WWW. Investments in products and e-commerce portals bode well for players like NIKE Inc., Deckers Outdoor, Skechers and Wolverine World Wide.
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Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Wolverine World Wide, Inc. (WWW) : Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL – March 14, 2023 – Today, Zacks Equity Research discusses NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Wolverine World Wide WWW. Investments in products and e-commerce portals bode well for players like NIKE Inc., Deckers Outdoor, Skechers and Wolverine World Wide.
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For Immediate Release Chicago, IL – March 14, 2023 – Today, Zacks Equity Research discusses NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Wolverine World Wide WWW. Investments in products and e-commerce portals bode well for players like NIKE Inc., Deckers Outdoor, Skechers and Wolverine World Wide. Deckers: The Goleta, CA-based company is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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723911.0
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2023-03-13 00:00:00 UTC
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Here's Why Post Holdings (POST) is a Solid Food Industry Bet
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DECK
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https://www.nasdaq.com/articles/heres-why-post-holdings-post-is-a-solid-food-industry-bet
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Post Holdings, Inc. POST is increasing its presence through acquisitions to enhance its portfolio. The consumer-packaged-goods company is benefiting from strategic pricing actions and strong performance across Foodservice business. These upsides were seen in its first-quarter fiscal 2023 results with the top and the bottom line increasing year over year and beating the Zacks Consensus Estimate.
Let’s delve deeper.
Promising Q1 Performance
In the first quarter of fiscal 2023, Post Holdings posted adjusted earnings from continuing operations of $1.08 per share, increasing from 29 cents reported in the prior-year quarter. POST registered sales of $1,566.3 million, up 17.1%. The upside can be attributed to pricing actions in every segment and ongoing volume recovery across Foodservice business. The company saw sales growth in the Post Consumer Brands, Refrigerated retail and Foodservice segment.
We note that Post Holdings has been gaining strength from the Foodservice business for a while. During the fiscal first quarter, Foodservice sales increased 36.9% to $600.5 million.
The Foodservice sales increased 36.9% and 33.1% in the fourth quarter and the third quarter of fiscal 2022 respectively on a year-over-year basis.
Image Source: Zacks Investment Research
Prudent Acquisitions Aid Growth
Post Holdings has been focusing on acquisitions, helping it expand its customer base. Recently, on Feb 8, 2023, Post Holdings acquired select pet food brand from The J.M. Smucker Co. This acquisition will help the company access entry point into the attractive and growing pet food categories.
Last year in April, Post Holdings acquired Lacka Foods Limited. Lacka Foods is a UK-based marketer of high-protein, ready-to-drink shakes under the UFIT brand.
In Feb 2021, Post Holdings acquired Almark Foods (or Almark). Almark is known for its hard-cooked and deviled egg products and provides conventional, organic and cage-free products. Other major buyouts include, PL RTE Cereal Business of TreeHouse Foods, Peter Pan peanut butter brand and Henningsen Foods, Inc., which forms part of its Foodservice segment.
Wrapping Up
Shares of this Zacks Rank #1 (Strong Buy) company have declined 5.8% in the past three months compared with the industry’s fall of 8.2%. Although shares of Post Holdings have slid in the aforementioned period, this provides a good entry point given the stock’s attractive valuation, sound fundamentals and strategic initiatives. The stock currently has a Value Score of B.
3 Solid Picks
Some other top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK.
IPAR has an expected long-term earnings growth rate of 15% and a trailing four-quarter earnings surprise of 36.2%, on average. Inter Parfums currently sports a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Inter Parfums’ current financial year sales suggests growth of 10.8% from the year-ago reported numbers.
The Kroger Co. operates in the thin-margin grocery industry, currently sports a Zacks Rank of 2 (Buy). KR has a trailing four-quarter earnings surprise of 9.8%, on average.
The Zacks Consensus Estimate for Kroger’s current financial year sales and earnings suggests growth of 2.5% and 6.2%, respectively, from the prior-year reported numbers.
Deckers Outdoor Corporation is a leading designer, producer and brand manager of innovative, niche footwear, currently sports a Zacks Rank of 2. DECK has a trailing four-quarter earnings surprise of 31%, on average.
The Zacks Consensus Estimate for Deckers’ current financial year sales and earnings suggests growth of 12.2% and 13.6%, respectively, from the corresponding year-ago reported figures.
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Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
The Kroger Co. (KR) : Free Stock Analysis Report
Inter Parfums, Inc. (IPAR) : Free Stock Analysis Report
Post Holdings, Inc. (POST) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corporation is a leading designer, producer and brand manager of innovative, niche footwear, currently sports a Zacks Rank of 2. The Zacks Consensus Estimate for Deckers’ current financial year sales and earnings suggests growth of 12.2% and 13.6%, respectively, from the corresponding year-ago reported figures. 3 Solid Picks Some other top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK.
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The Zacks Consensus Estimate for Deckers’ current financial year sales and earnings suggests growth of 12.2% and 13.6%, respectively, from the corresponding year-ago reported figures. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Inter Parfums, Inc. (IPAR) : Free Stock Analysis Report Post Holdings, Inc. (POST) : Free Stock Analysis Report To read this article on Zacks.com click here. 3 Solid Picks Some other top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Inter Parfums, Inc. (IPAR) : Free Stock Analysis Report Post Holdings, Inc. (POST) : Free Stock Analysis Report To read this article on Zacks.com click here. 3 Solid Picks Some other top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK. Deckers Outdoor Corporation is a leading designer, producer and brand manager of innovative, niche footwear, currently sports a Zacks Rank of 2.
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3 Solid Picks Some other top-ranked stocks are Inter Parfums IPAR, The Kroger Co. KR and Deckers Outdoor Corporation DECK. Deckers Outdoor Corporation is a leading designer, producer and brand manager of innovative, niche footwear, currently sports a Zacks Rank of 2. DECK has a trailing four-quarter earnings surprise of 31%, on average.
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533d835b-0487-4cfa-a44a-dd07d5cb4bb3
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723912.0
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2023-03-10 00:00:00 UTC
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Shein, Temu in fierce fight over US market for $10 dresses
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DECK
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https://www.nasdaq.com/articles/shein-temu-in-fierce-fight-over-us-market-for-%2410-dresses-1
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nan
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nan
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By Arriana McLymore and Casey Hall
NEW YORK/SHANGHAI, March 9 (Reuters) - Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers' attention for their inexpensive China-made goods.
The battle between them is playing out not only on social media but also in a U.S. court. The legal skirmish is important for U.S. consumers and rival retailers because it shows how online retailers with vendors in China need to navigate U.S. intellectual property protections.
In U.S. federal court, SHEIN has accused Temu of contracting social-media influencers to make "false and deceptive statements" against SHEIN in their promotions of Temu.com.
Temu has asked the court to dismiss the lawsuit. The court has not ruled on the case.
“I think as Temu gets a higher profile, there will just be more and more lawsuits. Including IP, but probably not just IP. I'm sure there will be data-related things as well,” US and China tech analyst Rui Ma said.
SHEIN produces clothing in China to sell online in the United States, Europe and Asia, offering items such as $10 dresses and $5 tops. SHEIN, originally founded in China, relies on drop-shipping directly from its extensive network of China-based suppliers.
SHEIN is set to raise around $2 billion in a new funding round this month and is aiming for a U.S. listing in the second half of this year, three people with knowledge of its plans told Reuters. SHEIN said it does not currently have plans for an IPO and declined to comment further.
SHEIN's lawsuit against Temu, filed in December in U.S. District Court for the Northern District of Illinois, alleges that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts.
Social media influencers on TikTok often mention SHEIN in posts about Temu, comparing the companies and their merchandise.
"I am not with Shein anymore," one influencer said in a February post on TikTok. "I am with Temu who has the same and more for less."
The now-deleted @SHEIN_DC, @SHEIN_USA_, and @SHEIN_NYC pages were created in September and displayed SHEIN's logo and marketing material on their bio pages, according to screenshots provided with SHEIN's complaint.
VYING FOR THRIFTY SHOPPERS
"Temu has also attempted to impersonate the SHEIN brand and trick consumers into believing Temu is associated with that brand," the lawsuit alleges.
SHEIN said that links on the imposter pages led shoppers to download Temu's app, under the impression that the two companies were related. A SHEIN spokesperson declined to comment on the pending litigation.
A Temu.com spokesperson said the company "strongly and categorically rejects all allegations and is vigorously defending its rights."
Temu maintains that it never impersonated SHEIN and "played no part in the creation" of the Twitter accounts, according to its motion to dismiss the lawsuit. It also said "there is nothing actionable" about finding influencers who believe Temu compares favorably to SHEIN, or asking them to share those opinions.”
SHEIN itself has faced lawsuits alleging copyright infringement. Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs.
PDD Holdings PDD.O, which owns China's popular Pinduoduo app, launched Temu in September as a new app for U.S. shoppers to buy shoes, jewelry, beauty accessories and home goods directly from Chinese merchants.
Temu's gross merchandise value - the total sales before expenses - grew from $3 million in September to $192 million in January, according to data firm YipitData. The company plans to roll out in Australia and New Zealand this year after launching in Canada in February.
The company's social media efforts started months ago, according to job postings by Nanopower, Temu's marketing agency. In the U.S., Temu is paying social media influencers $100 to $1,000 an hour for content plugging the Temu marketplace on TikTok, Instagram and YouTube.
Temu is currently hiring a corporate/tax lawyer, according to a job posting on LinkedIn.
Chinese retailer Shein lacks disclosures, made false statements about factories
China's SHEIN set to raise $2 bln, eyes US IPO later this year -sources
BREAKINGVIEWS-Shein's ambitions are a bit of a stretch
Fashion retailer Shein in talks to raise funds at lower valuation of $64 bln - FT
Pinduoduo to launch international e-commerce platform next month - source
China's Pinduoduo beats quarterly revenue estimates
(Reporting by Arriana McLymore Editing by Nick Zieminski, Vanessa O'Connell and Chizu Nomiyama)
((arriana.mclymore@thomsonreuters.com; 917-667-8733; Reuters Messaging: Twitter: @Arriana))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs. By Arriana McLymore and Casey Hall NEW YORK/SHANGHAI, March 9 (Reuters) - Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers' attention for their inexpensive China-made goods. SHEIN is set to raise around $2 billion in a new funding round this month and is aiming for a U.S. listing in the second half of this year, three people with knowledge of its plans told Reuters.
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Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs. SHEIN's lawsuit against Temu, filed in December in U.S. District Court for the Northern District of Illinois, alleges that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts. Social media influencers on TikTok often mention SHEIN in posts about Temu, comparing the companies and their merchandise.
|
Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs. SHEIN's lawsuit against Temu, filed in December in U.S. District Court for the Northern District of Illinois, alleges that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts. "Temu has also attempted to impersonate the SHEIN brand and trick consumers into believing Temu is associated with that brand," the lawsuit alleges.
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Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs. The battle between them is playing out not only on social media but also in a U.S. court. SHEIN's lawsuit against Temu, filed in December in U.S. District Court for the Northern District of Illinois, alleges that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts.
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24f24b2f-94ce-477f-bcdf-d0d3e767ea6d
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723913.0
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2023-03-10 00:00:00 UTC
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Ulta Beauty (ULTA) Q4 Earnings Top Estimates, Sales Rise Y/Y
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DECK
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https://www.nasdaq.com/articles/ulta-beauty-ulta-q4-earnings-top-estimates-sales-rise-y-y
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nan
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nan
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Ulta Beauty, Inc. ULTA posted solid fourth-quarter fiscal 2022 results, with the top and bottom lines beating the Zacks Consensus Estimate. Both revenues and earnings improved year over year.
Results gained from solid sales momentum across its store and business channels. The company generated strong double-digit comparable sales growth across all major categories. It witnessed increased market share in prestige beauty. Management noted that strong consumer demand and outstanding execution by their team fuelled strength across its businesses.
This Zacks Rank #2 (Buy) stock has gained 13.4% in the past six months compared with the industry’s 11.1% growth.
Quarterly Numbers
Ulta Beauty posted earnings per share (EPS) of $6.68 in the fiscal fourth quarter, which beat the Zacks Consensus Estimate of $5.69. The company’s earnings per share increased 23.5% from $5.41 in the year-ago period.
Ulta Beauty Inc. Price, Consensus and EPS Surprise
Ulta Beauty Inc. price-consensus-eps-surprise-chart | Ulta Beauty Inc. Quote
Net sales of this beauty products retailer rose 18.2% year over year to $3,226.8 million and beat the Zacks Consensus Estimate of $3,037.9 million. The uptick can be attributed to the favorable impacts of the continued resilience of the beauty category, retail price increases, and the impacts of new brands and product innovation compared with the fourth quarter of fiscal 2021.
Comps jumped 15.6%, driven by a 13.6% improvement in transactions and a 1.8% increase in the average ticket. The metric was driven by higher average selling price, which was partially offset by lower units per transactions.
The gross profit increased 18% to $1,212.5 million. Gross profit, as a percentage of net sales, was 37.6%, in line with the figure reported in the year-ago quarter. The company benefited from leverage of fixed costs, favorable channel mix shifts and strong growth in other revenues. This was offset by higher inventory shrink.
Selling, general and administrative (SG&A) expenses rose 17.3% to $762.7 million. As a percentage of net sales, SG&A expenses stood at 23.6%, down from 23.8% reported in the year-ago quarter, led by leverage of marketing expenses and incentive compensation due to higher sales, which was partially offset by deleverage of store payroll and benefits because of wage investments, and also deleverage in corporate overhead owing to strategic investments.
The operating income increased 19.2% to $447.6 million. The operating margin increased to 13.9% from 13.8% reported in the fourth quarter of fiscal 2021. The operating margin performance was supported by healthy top-line growth and the impacts of its ongoing cost optimization efforts.
Other Updates
Ulta Beauty ended the quarter with cash and cash equivalents of $737.9 million. Net merchandise inventories were $1.6 billion at the end of the fourth quarter of fiscal 2022. Stockholders’ equity at the end of the quarter stood at $1,959.8 million. Net cash provided by operating activities was $1,481.9 million in the 52 weeks ended Jan 28, 2023.
The company repurchased 722,457 shares for $328.1 million in the fourth quarter. As of Jan 28, 2023, Ulta Beauty had shares worth $1.1 billion left under its buyback program announced in March 2022.
For fiscal 2023, capital expenditure is expected to be $400-$475 million.
In the reported quarter, the company introduced 12 stores, remodeled 12 and relocated one. Ulta Beauty ended the quarter with 1,355 stores totaling 14.2 million square feet.
For fiscal 2023, ULTA expects 25-30 net new stores, along with 20-30 store remodeling and relocation projects.
Guidance
Ulta Beauty expects fiscal 2023 net sales of $10.95-$11.05 billion compared with the $10.2 billion reported in fiscal 2022. Comps are expected to rise 4-5%.
The company expects comp growth in the first half will be in the high-single-digit range, driven by stronger growth in the first quarter and moderate to low-single-digit growth in the second half of the year.
Management expects the operating margin between 14.7% and 15%. The company anticipates seeing operating margin driven primarily by SG&A deleverage, reflecting investments to support its strategic priorities and higher store expenses, as well as ongoing wage pressures. The company expects gross margin to deleverage modestly as it laps benefits from the timing of retail price changes in 2022.
For fiscal 2023, earnings are envisioned to be $24.70-$25.40 per share, suggesting a rise from the $24.01 per share reported in fiscal 2022. The company anticipates share repurchase of $900 million in fiscal 2023.
Other Stocks to Consider
Here we highlighted three other top-ranked stocks, namely Arhaus, Inc. ARHS, Deckers Outdoor Corporation DECK and The Kroger Co. KR.
Arhaus currently carries a Zacks Rank #2. You can see the complete list of today’s Zacks Rank #1 stocks (Strong Buy) here.
Arhaus, which operates as a lifestyle brand and premium retailer in the home furnishing market, carries a Zacks Rank #2 at present. The expected EPS growth rate for three to five years is 16.1%.
The Zacks Consensus Estimate for ARHS’ current financial-year revenues and EPS suggests growth of 54% and 26.1%, respectively, from the year-ago reported figure. Arhaus has a trailing four-quarter earnings surprise of 112%, on average.
Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. DECK has a Zacks Rank #2 at present.
The Zacks Consensus Estimate for DECK’s’ current financial-year sales and EPS suggests growth of 12.2% and 13.6%, respectively, from the year-ago reported figures. Deckers has a trailing four-quarter earnings surprise of 31%, on average.
Kroger, which operates in the thin-margin grocery industry, carries a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for KR’s current financial-year revenues and EPS suggests growth of 2.6% and 6.2%, respectively. KR gave an earnings surprise of 10% in the last reported quarter. KR has a trailing four-quarter earnings surprise of 9.8%, on average.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
The Kroger Co. (KR) : Free Stock Analysis Report
Ulta Beauty Inc. (ULTA) : Free Stock Analysis Report
Arhaus, Inc. (ARHS) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. Other Stocks to Consider Here we highlighted three other top-ranked stocks, namely Arhaus, Inc. ARHS, Deckers Outdoor Corporation DECK and The Kroger Co. KR. DECK has a Zacks Rank #2 at present.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Ulta Beauty Inc. (ULTA) : Free Stock Analysis Report Arhaus, Inc. (ARHS) : Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Here we highlighted three other top-ranked stocks, namely Arhaus, Inc. ARHS, Deckers Outdoor Corporation DECK and The Kroger Co. KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Ulta Beauty Inc. (ULTA) : Free Stock Analysis Report Arhaus, Inc. (ARHS) : Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Here we highlighted three other top-ranked stocks, namely Arhaus, Inc. ARHS, Deckers Outdoor Corporation DECK and The Kroger Co. KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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Other Stocks to Consider Here we highlighted three other top-ranked stocks, namely Arhaus, Inc. ARHS, Deckers Outdoor Corporation DECK and The Kroger Co. KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. DECK has a Zacks Rank #2 at present.
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74d13308-b6a5-4d64-b60b-92de0d376c87
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723914.0
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2023-03-09 00:00:00 UTC
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Shein, Temu in fierce fight over US market for $10 dresses
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DECK
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https://www.nasdaq.com/articles/shein-temu-in-fierce-fight-over-us-market-for-%2410-dresses-0
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nan
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nan
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By Arriana McLymore and Casey Hall
NEW YORK/SHANGHAI, March 9 (Reuters) - Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers' attention for their inexpensive China-made goods.
The battle between them is playing out not only on social media but also in a U.S. court. The legal skirmish is important for U.S. consumers and rival retailers because it shows how online retailers with vendors in China need to navigate U.S. intellectual property protections.
In U.S. federal court, SHEIN has accused Temu of contracting social-media influencers to make "false and deceptive statements" against SHEIN in their promotions of Temu.com.
“I think as Temu gets a higher profile, there will just be more and more lawsuits. Including IP, but probably not just IP. I'm sure there will be data-related things as well,” US and China tech analyst Rui Ma said.
SHEIN produces clothing in China to sell online in the United States, Europe and Asia, offering items such as $10 dresses and $5 tops. SHEIN, originally founded in China, relies on drop-shipping directly from its extensive network of China-based suppliers.
SHEIN is set to raise around $2 billion in a new funding round this month and is aiming for a U.S. listing in the second half of this year, three people with knowledge of its plans told Reuters. SHEIN said it does not currently have plans for an IPO and declined to comment further.
SHEIN's lawsuit against Temu, filed in December in U.S. District Court for the Northern District of Illinois, alleges that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts.
Social media influencers on TikTok often mention SHEIN in posts about Temu, comparing the companies and their merchandise.
"I am not with Shein anymore," one influencer said in a February post on TikTok. "I am with Temu who has the same and more for less."
The now-deleted @SHEIN_DC, @SHEIN_USA_, and @SHEIN_NYC pages were created in September and displayed SHEIN's logo and marketing material on their bio pages, according to screenshots provided with SHEIN's complaint.
VYING FOR THRIFTY SHOPPERS
"Temu has also attempted to impersonate the SHEIN brand and trick consumers into believing Temu is associated with that brand," the lawsuit alleges.
SHEIN said that links on the imposter pages led shoppers to download Temu's app, under the impression that the two companies were related. A SHEIN spokesperson declined to comment on the pending litigation.
A Temu.com spokesperson said the company "strongly and categorically rejects all allegations and is vigorously defending its rights."
SHEIN itself has faced lawsuits alleging copyright infringement. Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs.
PDD Holdings PDD.O, which owns China's popular Pinduoduo app, launched Temu in September as a new app for U.S. shoppers to buy shoes, jewelry, beauty accessories and home goods directly from Chinese merchants.
Temu's gross merchandise value - the total sales before expenses - grew from $3 million in September to $192 million in January, according to data firm YipitData. The company plans to roll out in Canada, Australia and New Zealand this year.
The company's social media efforts started months ago, according to job postings by Nanopower, Temu's marketing agency. In the U.S., Temu is paying social media influencers $100 to $1,000 an hour for content plugging the Temu marketplace on TikTok, Instagram and YouTube.
Temu is currently hiring a corporate/tax lawyer, according to a job posting on LinkedIn.
Chinese retailer Shein lacks disclosures, made false statements about factories
China's SHEIN set to raise $2 bln, eyes US IPO later this year -sources
BREAKINGVIEWS-Shein's ambitions are a bit of a stretch
Fashion retailer Shein in talks to raise funds at lower valuation of $64 bln - FT
Pinduoduo to launch international e-commerce platform next month - source
China's Pinduoduo beats quarterly revenue estimates
(Reporting by Arriana McLymore Editing by Nick Zieminski and Vanessa O'Connell)
((arriana.mclymore@thomsonreuters.com; 917-667-8733; Reuters Messaging: Twitter: @Arriana))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs. By Arriana McLymore and Casey Hall NEW YORK/SHANGHAI, March 9 (Reuters) - Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers' attention for their inexpensive China-made goods. SHEIN is set to raise around $2 billion in a new funding round this month and is aiming for a U.S. listing in the second half of this year, three people with knowledge of its plans told Reuters.
|
Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs. By Arriana McLymore and Casey Hall NEW YORK/SHANGHAI, March 9 (Reuters) - Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers' attention for their inexpensive China-made goods. SHEIN's lawsuit against Temu, filed in December in U.S. District Court for the Northern District of Illinois, alleges that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts.
|
Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs. SHEIN's lawsuit against Temu, filed in December in U.S. District Court for the Northern District of Illinois, alleges that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts. "Temu has also attempted to impersonate the SHEIN brand and trick consumers into believing Temu is associated with that brand," the lawsuit alleges.
|
Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs. SHEIN's lawsuit against Temu, filed in December in U.S. District Court for the Northern District of Illinois, alleges that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts. Social media influencers on TikTok often mention SHEIN in posts about Temu, comparing the companies and their merchandise.
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4068998f-5bb5-4dbc-8764-70dd82910d15
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723915.0
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2023-03-09 00:00:00 UTC
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Shein, Temu in fierce fight over US market for $10 dresses
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DECK
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https://www.nasdaq.com/articles/shein-temu-in-fierce-fight-over-us-market-for-%2410-dresses
|
nan
|
nan
|
By Arriana McLymore and Casey Hall
NEW YORK/SHANGHAI, March 9 (Reuters) - Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers' attention for their inexpensive China-made goods.
The battle between them is playing out not only on social media but also in a U.S. court. The legal skirmish is important for U.S. consumers and rival retailers because it shows how online retailers with vendors in China need to navigate U.S. intellectual property protections.
In U.S. federal court, SHEIN has accused Temu of contracting social-media influencers to make "false and deceptive statements" against SHEIN in their promotions of Temu.com.
“I think as Temu gets a higher profile, there will just be more and more lawsuits. Including IP, but probably not just IP. I'm sure there will be data-related things as well,” US and China tech analyst Rui Ma said.
SHEIN produces clothing in China to sell online in the United States, Europe and Asia, offering items such as $10 dresses and $5 tops. SHEIN, originally founded in China, relies on drop-shipping directly from its extensive network of China-based suppliers.
SHEIN is set to raise around $2 billion in a new funding round this month and is aiming for a U.S. listing in the second half of this year, three people with knowledge of its plans told Reuters. SHEIN said it does not currently have plans for an IPO and declined to comment further.
SHEIN's lawsuit against Temu, filed in December in U.S. District Court for the Northern District of Illinois, alleges that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts.
Social media influencers on TikTok often mention SHEIN in posts about Temu, comparing the companies and their merchandise.
"I am not with Shein anymore," one influencer said in a February post on TikTok. "I am with Temu who has the same and more for less."
The now-deleted @SHEIN_DC, @SHEIN_USA_, and @SHEIN_NYC pages were created in September and displayed SHEIN's logo and marketing material on their bio pages, according to screenshots provided with SHEIN's complaint.
VYING FOR THRIFTY SHOPPERS
"Temu has also attempted to impersonate the SHEIN brand and trick consumers into believing Temu is associated with that brand," the lawsuit alleges.
SHEIN said that links on the imposter pages led shoppers to download Temu's app, under the impression that the two companies were related. A SHEIN spokesperson declined to comment on the pending litigation.
A Temu.com spokesperson said the company "strongly and categorically rejects all allegations and is vigorously defending its rights."
SHEIN itself has faced lawsuits alleging copyright infringement. Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs.
PDD Holdings PDD.O, which owns China's popular Pinduoduo app, launched Temu in September as a new app for U.S. shoppers to buy shoes, jewelry, beauty accessories and home goods directly from Chinese merchants.
Temu's gross merchandise value - the total sales before expenses - grew from $3 million in September to $192 million in January, according to data firm YipitData. The company plans to roll out in Canada, Australia and New Zealand this year.
The company's social media efforts started months ago, according to job postings by Nanopower, Temu's marketing agency. In the U.S., Temu is paying social media influencers $100 to $1,000 an hour for content plugging the Temu marketplace on TikTok, Instagram and YouTube.
Temu is currently hiring a corporate/tax lawyer, according to a job posting on LinkedIn.
Chinese retailer Shein lacks disclosures, made false statements about factories
China's SHEIN set to raise $2 bln, eyes US IPO later this year -sources
BREAKINGVIEWS-Shein's ambitions are a bit of a stretch
Fashion retailer Shein in talks to raise funds at lower valuation of $64 bln - FT
Pinduoduo to launch international e-commerce platform next month - source
China's Pinduoduo beats quarterly revenue estimates
(Reporting by Arriana McLymore Editing by Nick Zieminski and Vanessa O'Connell)
((arriana.mclymore@thomsonreuters.com; 917-667-8733; Reuters Messaging: Twitter: @Arriana))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs. By Arriana McLymore and Casey Hall NEW YORK/SHANGHAI, March 9 (Reuters) - Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers' attention for their inexpensive China-made goods. SHEIN is set to raise around $2 billion in a new funding round this month and is aiming for a U.S. listing in the second half of this year, three people with knowledge of its plans told Reuters.
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Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs. By Arriana McLymore and Casey Hall NEW YORK/SHANGHAI, March 9 (Reuters) - Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers' attention for their inexpensive China-made goods. SHEIN's lawsuit against Temu, filed in December in U.S. District Court for the Northern District of Illinois, alleges that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts.
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Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs. SHEIN's lawsuit against Temu, filed in December in U.S. District Court for the Northern District of Illinois, alleges that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts. "Temu has also attempted to impersonate the SHEIN brand and trick consumers into believing Temu is associated with that brand," the lawsuit alleges.
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Under the name Zoetop Business, it was sued by dozens of independent artists and retailers including Nike NKE.N, Deckers' DECK.N UGG brand, Luxottica Group's Oakley shades and online retailer Dolls Kill, alleging stolen designs. SHEIN's lawsuit against Temu, filed in December in U.S. District Court for the Northern District of Illinois, alleges that Temu told social media influencers to make disparaging remarks about the fast-fashion retailer, and tricked customers into downloading the Temu app using "imposter" social media accounts. Social media influencers on TikTok often mention SHEIN in posts about Temu, comparing the companies and their merchandise.
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d5d609f5-fd03-4e28-a8a8-deb9050a44e3
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723916.0
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2023-03-08 00:00:00 UTC
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Stitch Fix (SFIX) Q2 Loss Widens & Revenues Decrease Y/Y
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DECK
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https://www.nasdaq.com/articles/stitch-fix-sfix-q2-loss-widens-revenues-decrease-y-y
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nan
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nan
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Stitch Fix, Inc. SFIX posted dismal second-quarter fiscal 2023 results. SFIX reported a wider-than-expected loss per share and lower-than-expected revenues. Both metrics also deteriorated from the year-earlier quarter’s reported figures. Results were hurt by a tough macroeconomic backdrop and tighter consumer wallet.
Following the dismal results, Stitch Fix shares declined 7.9% after the trading session on Mar 7.
Q2 Details
Stitch Fix posted a loss of 58 cents a share, which included restructuring cost and other one-time cost. Adjusting for the above-mentioned costs, Stitch Fix reported adjusted loss of 34 cents a share, wider than the Zacks Consensus Estimate of a loss of 33 cents. The bottom line widened year over year from a loss of 28 cents per share.
SFIX recorded net revenues of $412.1 million which was in line with the Zacks Consensus Estimate. The metric declined 20% from the year-ago fiscal quarter’s figure due to lower net active clients and higher promotional activity.
Stitch Fix, Inc. Price, Consensus and EPS Surprise
Stitch Fix, Inc. price-consensus-eps-surprise-chart | Stitch Fix, Inc. Quote
Margins & Costs
In the fiscal second quarter, gross profit declined to $169.1 million from $232.8 million reported in the year-ago period. Also, the gross margin contracted 400 basis points year over year to 41% mainly due to increased promotional activity and higher product cost.
Selling, general and administrative expenses fell from $263.5 million reported in the year-ago period to $235.8 million in the fiscal second quarter. Stitch Fix reported an adjusted EBITDA of $3.8 million for the fiscal quarter under review compared with the adjusted EBITDA of $10.1 million posted in the year-ago fiscal quarter. The company’s total advertisement spend declined 46% year over year to 5% in the fiscal second quarter.
Other Financial Aspects
Stitch Fix ended the fiscal second quarter with cash and cash equivalents, including short term investments of $222 million, net inventory of $159 million and shareholders’ equity of $255.3 million.
SFIX generated $11 million in cash from operating activities during the second quarter of fiscal 2023. Also, the company had a free cash flow of $15.4 million in the aforementioned period.
Outlook
For the third quarter of fiscal 2023, management projects net revenues of $385-$395 million, indicating a 20-22% decline from the year-ago fiscal quarter’s reported figure. This is due to challenges faced in the highly promotional operating environment. Stitch Fix expects adjusted EBITDA in the bracket of a negative $5 million to a positive $5 million with a margin of minus 1% to plus 1%.
For fiscal 2023, management projects revenues between $1.625 billion and $1.645 billion and adjusted EBITDA between breakeven to a positive $10 million. Management anticipates a gross margin of 42% for fiscal 2023. For the rest of the fiscal year, advertising is likely to be approximately 6-7% of revenues. The company is in line to achieve its target of $135 million in cost reduction in fiscal 2023.
This Zacks Rank #2 (Buy) stock has rallied 28.1% in the past three months compared with industry’s rise of 4%.
Stocks to Consider
Here we highlighted three better-ranked stocks, namely Ulta Beauty, Inc. ULTA, Deckers Outdoor Corporation DECK and The Kroger Co. KR.
Ulta Beauty currently carries a Zacks Rank #2. You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here.
The Zacks Consensus Estimate for Ulta Beauty’s current financial-year sales suggests growth of 15.8% from the year-ago period. This beauty retailer and the premier beauty destination for cosmetics, fragrance, skincare products, hair care products and salon services have a trailing four-quarter earnings surprise of 26.2%, on average.
Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. DECK has a Zacks Rank #2 at present.
The Zacks Consensus Estimate for Deckers’ current financial-year sales and EPS suggests growth of 12.2% and 13.6%, respectively, from the year-ago corresponding figures. DECK has a trailing four-quarter earnings surprise of 31%, on average.
Kroger, which operates in the thin-margin grocery industry, carries a Zacks Rank of 2 at present. KR’s current financial-year revenues and EPS suggests growth of 2.6% and 5%, respectively. KR gave an earnings surprise of 10% in the last reported quarter. KR has a trailing four-quarter earnings surprise of 9.76%, on average.
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Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
The Kroger Co. (KR) : Free Stock Analysis Report
Ulta Beauty Inc. (ULTA) : Free Stock Analysis Report
Stitch Fix, Inc. (SFIX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. The Zacks Consensus Estimate for Deckers’ current financial-year sales and EPS suggests growth of 12.2% and 13.6%, respectively, from the year-ago corresponding figures. Stocks to Consider Here we highlighted three better-ranked stocks, namely Ulta Beauty, Inc. ULTA, Deckers Outdoor Corporation DECK and The Kroger Co. KR.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Ulta Beauty Inc. (ULTA) : Free Stock Analysis Report Stitch Fix, Inc. (SFIX) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Here we highlighted three better-ranked stocks, namely Ulta Beauty, Inc. ULTA, Deckers Outdoor Corporation DECK and The Kroger Co. KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Ulta Beauty Inc. (ULTA) : Free Stock Analysis Report Stitch Fix, Inc. (SFIX) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Here we highlighted three better-ranked stocks, namely Ulta Beauty, Inc. ULTA, Deckers Outdoor Corporation DECK and The Kroger Co. KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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Stocks to Consider Here we highlighted three better-ranked stocks, namely Ulta Beauty, Inc. ULTA, Deckers Outdoor Corporation DECK and The Kroger Co. KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. DECK has a Zacks Rank #2 at present.
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1f58649d-6141-4eba-ae2c-714d3c569836
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723917.0
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2023-03-07 00:00:00 UTC
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Deckers Outdoor Corp. Shares Close in on 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-close-in-on-52-week-high-market-mover-5
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nan
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nan
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Deckers Outdoor Corp. (DECK) shares closed today at 0.7% below its 52 week high of $433.31, giving the company a market cap of $11B. The stock is currently up 7.3% year-to-date, up 74.5% over the past 12 months, and up 346.8% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%.
Trading Activity
Trading volume this week was 9.5% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
MACD, a trend-following momentum indicator, indicates an upward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -56.6%
The company's stock price performance over the past 12 months beats the peer average by 606.2%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.7% below its 52 week high of $433.31, giving the company a market cap of $11B. Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -56.6% The company's stock price performance over the past 12 months beats the peer average by 606.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.7% below its 52 week high of $433.31, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Trading Activity Trading volume this week was 9.5% higher than the 20-day average.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.7% below its 52 week high of $433.31, giving the company a market cap of $11B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -56.6% The company's stock price performance over the past 12 months beats the peer average by 606.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.7% below its 52 week high of $433.31, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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9b4758fd-a589-4a1f-aadd-294821640541
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723918.0
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2023-03-07 00:00:00 UTC
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Deckers (DECK) Thrives on Strong Direct-to-Consumer Business
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DECK
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https://www.nasdaq.com/articles/deckers-deck-thrives-on-strong-direct-to-consumer-business
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nan
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nan
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Deckers Outdoor Corporation DECK is focusing on product innovations, store expansion and enhancing e-commerce capabilities to capture incremental sales directly from customers. The company has made substantial investment to strengthen its online presence and improve shopping experience for its customers by constantly developing e-commerce portals.
It has been strengthening omnichannel solutions, expanding its customer reach and focusing on diversified product offerings to gain market share in direct-to-consumer (DTC) sales.
The company is moving toward its long-term goal of 50% mix of direct-to-customer business. In the third quarter of fiscal 2023, company’s direct-to-consumer net sales increased 18.7% and comparable DTC net sales increased 22.1% year over year. We note that direct-to-consumer net sales increased 35.3% and 15.4% in the second and first quarters, respectively.
Moving forward, the company is progressing toward building HOKA ONE ONE into a multi-billion-dollar player and UGG as a global lifestyle brand.
HOKA builds its consumer base through combining discipline marketing approach and disruptive product innovation. From a dollar growth prospective, the brand’s DTC volume more than doubled in the third quarter from its year-ago period. The company’s net revenues increased 90.8% in the said period. Management expects revenues from HOKA brand to increase in low 50% range for the fiscal year 2023. This demonstrates brand’s growth in DTC business.
Coming to UGG, the brand delivered global gains in DTC across genders and categories demonstrating strong consumer demands in the third quarter. Although UGG’s DTC business was impacted by unfavorable foreign currency exchange rate, it increased 8% year over year. In the said quarter, DTC mix increased to 52% from 50% last year, achieving the highest mix in any quarter.
Management expects net sales for fiscal 2023 in the range of $3.50 billion to $3.53 billion, driven primarily by the HOKA brand. It projects earnings in the band of $18.00-$18.50 per share, which suggests an increase from the earnings of $16.26 per share reported in the year-ago period.
Wrapping Up
Deckers, which shares space with NIKE, Inc. NKE, Skechers U.S.A., Inc. SKX and Wolverine World Wide, Inc. WWW, has been focusing on its direct-to-consumer business by constantly developing e-commerce portals for its customers.
A Synopsis of Other Stocks
Nike’s second-quarter fiscal 2023 top and bottom lines not only surpassed the Zacks Consensus Estimate but also improved year over year. The company registered growth from brand strength, robust consumer demand and an innovative product pipeline. In the second quarter of fiscal 2023, Nike posted adjusted earnings of 85 cents a share, which surpassed the Zacks Consensus Estimate of 65 cents and increased from 83 cents reported in the prior-year quarter. Total sales of $13,315 million beat the Zacks Consensus Estimate of $12,606 million. Markedly, the metric rose from $11,357 million reported in the year-ago period.
Skechers registered a solid performance in the fourth quarter of 2022, wherein the top and bottom lines beat the Zacks Consensus Estimate and grew year over year. The company posted adjusted earnings of 48 cents a share, outperforming the Zacks Consensus Estimate of 38 cents. Sketcher’s sales of $1,878.8 million rose 13.5% year over year and surpassed the consensus mark of $1,776 million. The company witnessed strong wholesale sales.
Wolverine World Wide initiated its 100-days action plan, which focuses on inventory reduction, debt management, Keds sale and the creation of a Profit Improvement Office to grab savings to drive growth. Wolverine remains confident in accomplishing a 12% operating margin in 2024. The company revenues jumped 4.6% in the fourth quarter of 2022.
On a constant currency basis, Wolverine World Wide’s international revenues increased 31.9% and direct-to-consumer revenues increased 4.8%.
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NIKE, Inc. (NKE) : Free Stock Analysis Report
Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Wolverine World Wide, Inc. (WWW) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corporation DECK is focusing on product innovations, store expansion and enhancing e-commerce capabilities to capture incremental sales directly from customers. Wrapping Up Deckers, which shares space with NIKE, Inc. NKE, Skechers U.S.A., Inc. SKX and Wolverine World Wide, Inc. WWW, has been focusing on its direct-to-consumer business by constantly developing e-commerce portals for its customers. Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Wolverine World Wide, Inc. (WWW) : Free Stock Analysis Report To read this article on Zacks.com click here.
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Wrapping Up Deckers, which shares space with NIKE, Inc. NKE, Skechers U.S.A., Inc. SKX and Wolverine World Wide, Inc. WWW, has been focusing on its direct-to-consumer business by constantly developing e-commerce portals for its customers. Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Wolverine World Wide, Inc. (WWW) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation DECK is focusing on product innovations, store expansion and enhancing e-commerce capabilities to capture incremental sales directly from customers.
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Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Wolverine World Wide, Inc. (WWW) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation DECK is focusing on product innovations, store expansion and enhancing e-commerce capabilities to capture incremental sales directly from customers. Wrapping Up Deckers, which shares space with NIKE, Inc. NKE, Skechers U.S.A., Inc. SKX and Wolverine World Wide, Inc. WWW, has been focusing on its direct-to-consumer business by constantly developing e-commerce portals for its customers.
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Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Wolverine World Wide, Inc. (WWW) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation DECK is focusing on product innovations, store expansion and enhancing e-commerce capabilities to capture incremental sales directly from customers. Wrapping Up Deckers, which shares space with NIKE, Inc. NKE, Skechers U.S.A., Inc. SKX and Wolverine World Wide, Inc. WWW, has been focusing on its direct-to-consumer business by constantly developing e-commerce portals for its customers.
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24a316fb-16ad-40ff-88f4-3f54d90f44fe
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723919.0
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2023-03-07 00:00:00 UTC
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Deckers Outdoor Corporation (DECK) Hit a 52 Week High, Can the Run Continue?
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corporation-deck-hit-a-52-week-high-can-the-run-continue
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nan
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nan
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Have you been paying attention to shares of Deckers (DECK)? Shares have been on the move with the stock up 4.2% over the past month. The stock hit a new 52-week high of $435.7 in the previous session. Deckers has gained 8.6% since the start of the year compared to the 10.4% move for the Zacks Consumer Discretionary sector and the 3.7% return for the Zacks Shoes and Retail Apparel industry.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on February 2, 2023, Deckers reported EPS of $10.48 versus consensus estimate of $9.57 while it beat the consensus revenue estimate by 6.98%.
For the current fiscal year, Deckers is expected to post earnings of $18.47 per share on $3.53 billion in revenues. This represents a 13.59% change in EPS on a 12.18% change in revenues. For the next fiscal year, the company is expected to earn $21.65 per share on $3.92 billion in revenues. This represents a year-over-year change of 17.2% and 11%, respectively.
Valuation Metrics
Deckers may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.
On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.
Deckers has a Value Score of C. The stock's Growth and Momentum Scores are A and F, respectively, giving the company a VGM Score of B.
In terms of its value breakdown, the stock currently trades at 23.5X current fiscal year EPS estimates, which is a premium to the peer industry average of 14.6X. On a trailing cash flow basis, the stock currently trades at 23.8X versus its peer group's average of 10.4X. Additionally, the stock has a PEG ratio of 1.29. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.
Zacks Rank
We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Deckers currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.
Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Deckers fits the bill. Thus, it seems as though Deckers shares could still be poised for more gains ahead.
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Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Have you been paying attention to shares of Deckers (DECK)? Deckers has gained 8.6% since the start of the year compared to the 10.4% move for the Zacks Consumer Discretionary sector and the 3.7% return for the Zacks Shoes and Retail Apparel industry. In its last earnings report on February 2, 2023, Deckers reported EPS of $10.48 versus consensus estimate of $9.57 while it beat the consensus revenue estimate by 6.98%.
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In its last earnings report on February 2, 2023, Deckers reported EPS of $10.48 versus consensus estimate of $9.57 while it beat the consensus revenue estimate by 6.98%. For the current fiscal year, Deckers is expected to post earnings of $18.47 per share on $3.53 billion in revenues. Have you been paying attention to shares of Deckers (DECK)?
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Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Deckers fits the bill. Have you been paying attention to shares of Deckers (DECK)? Deckers has gained 8.6% since the start of the year compared to the 10.4% move for the Zacks Consumer Discretionary sector and the 3.7% return for the Zacks Shoes and Retail Apparel industry.
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In its last earnings report on February 2, 2023, Deckers reported EPS of $10.48 versus consensus estimate of $9.57 while it beat the consensus revenue estimate by 6.98%. Thus, it seems as though Deckers shares could still be poised for more gains ahead. Have you been paying attention to shares of Deckers (DECK)?
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50c9b494-f97d-4e82-a8eb-55b632c32863
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723920.0
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2023-03-06 00:00:00 UTC
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Deckers Outdoor Corp. Shares Approach 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-approach-52-week-high-market-mover-2
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nan
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nan
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Deckers Outdoor Corp. (DECK) shares closed today at 0.4% below its 52 week high of $433.31, giving the company a market cap of $11B. The stock is currently up 7.3% year-to-date, up 74.5% over the past 12 months, and up 346.8% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%.
Trading Activity
Trading volume this week was 0.1% lower than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
MACD, a trend-following momentum indicator, indicates an upward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -56.6%
The company's stock price performance over the past 12 months beats the peer average by 606.2%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.4% below its 52 week high of $433.31, giving the company a market cap of $11B. Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -56.6% The company's stock price performance over the past 12 months beats the peer average by 606.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.4% below its 52 week high of $433.31, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.4% below its 52 week high of $433.31, giving the company a market cap of $11B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -56.6% The company's stock price performance over the past 12 months beats the peer average by 606.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.4% below its 52 week high of $433.31, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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2c076b54-8420-4495-9096-8d2fce147bed
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723921.0
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2023-03-05 00:00:00 UTC
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Deckers Outdoor Corp. Shares Climb 0.0% Past Previous 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-climb-0.0-past-previous-52-week-high-market-mover
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nan
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nan
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Deckers Outdoor Corp. (DECK) shares closed 0.0% higher than its previous 52 week high, giving the company a market cap of $11B. The stock is currently up 7.3% year-to-date, up 74.5% over the past 12 months, and up 346.8% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%.
Trading Activity
Trading volume this week was 31.2% lower than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
MACD, a trend-following momentum indicator, indicates an upward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -56.6%
The company's stock price performance over the past 12 months beats the peer average by 606.2%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed 0.0% higher than its previous 52 week high, giving the company a market cap of $11B. Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -56.6% The company's stock price performance over the past 12 months beats the peer average by 606.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed 0.0% higher than its previous 52 week high, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -56.6% The company's stock price performance over the past 12 months beats the peer average by 606.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed 0.0% higher than its previous 52 week high, giving the company a market cap of $11B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -56.6% The company's stock price performance over the past 12 months beats the peer average by 606.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 68.0% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed 0.0% higher than its previous 52 week high, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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8bde85d3-325a-4a0c-8dc9-8598282d1092
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723922.0
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2023-03-03 00:00:00 UTC
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3 Reasons Why Growth Investors Shouldn't Overlook Deckers (DECK)
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DECK
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https://www.nasdaq.com/articles/3-reasons-why-growth-investors-shouldnt-overlook-deckers-deck
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nan
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nan
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Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.
That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.
However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.
Our proprietary system currently recommends Deckers (DECK) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Research shows that stocks carrying the best growth features consistently beat the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.
Here are three of the most important factors that make the stock of this maker of Ugg footwear a great growth pick right now.
Earnings Growth
Earnings growth is arguably the most important factor, as stocks exhibiting exceptionally surging profit levels tend to attract the attention of most investors. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Deckers is 26.1%, investors should actually focus on the projected growth. The company's EPS is expected to grow 13.6% this year, crushing the industry average, which calls for EPS growth of 5%.
Impressive Asset Utilization Ratio
Growth investors often overlook asset utilization ratio, also known as sales-to-total-assets (S/TA) ratio, but it is an important feature of a real growth stock. This metric exhibits how efficiently a firm is utilizing its assets to generate sales.
Right now, Deckers has an S/TA ratio of 1.41, which means that the company gets $1.41 in sales for each dollar in assets. Comparing this to the industry average of 1.25, it can be said that the company is more efficient.
In addition to efficiency in generating sales, sales growth plays an important role. And Deckers is well positioned from a sales growth perspective too. The company's sales are expected to grow 12.5% this year versus the industry average of 2.7%.
Promising Earnings Estimate Revisions
Superiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for Deckers. The Zacks Consensus Estimate for the current year has surged 1.6% over the past month.
Bottom Line
Deckers has not only earned a Growth Score of A based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that Deckers is a potential outperformer and a solid choice for growth investors.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Our proprietary system currently recommends Deckers (DECK) as one such stock. While the historical EPS growth rate for Deckers is 26.1%, investors should actually focus on the projected growth. Right now, Deckers has an S/TA ratio of 1.41, which means that the company gets $1.41 in sales for each dollar in assets.
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Our proprietary system currently recommends Deckers (DECK) as one such stock. While the historical EPS growth rate for Deckers is 26.1%, investors should actually focus on the projected growth. Right now, Deckers has an S/TA ratio of 1.41, which means that the company gets $1.41 in sales for each dollar in assets.
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Our proprietary system currently recommends Deckers (DECK) as one such stock. While the historical EPS growth rate for Deckers is 26.1%, investors should actually focus on the projected growth. Right now, Deckers has an S/TA ratio of 1.41, which means that the company gets $1.41 in sales for each dollar in assets.
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Our proprietary system currently recommends Deckers (DECK) as one such stock. While the historical EPS growth rate for Deckers is 26.1%, investors should actually focus on the projected growth. Right now, Deckers has an S/TA ratio of 1.41, which means that the company gets $1.41 in sales for each dollar in assets.
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bceae77f-4d21-4039-86f0-afc29da5389f
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723923.0
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2023-03-03 00:00:00 UTC
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Sprouts Farmers (SFM) Q4 Earnings Top Estimates, Sales Up Y/Y
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DECK
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https://www.nasdaq.com/articles/sprouts-farmers-sfm-q4-earnings-top-estimates-sales-up-y-y
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nan
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nan
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Sprouts Farmers Market, Inc. SFM saw its shares jump almost 13% on Mar 2 as the company announced solid fourth-quarter 2022 results. The top and bottom lines increased year over year and beat the Zacks Consensus Estimate.
Q4 in Detail
The renowned grocery retailer delivered quarterly earnings of 42 cents a share, which cruised past the Zacks Consensus Estimate of 37 cents, marking the 14th straight beat. Impressively, the bottom line increased 31% from 32 cents reported in the year-ago period.
Net sales of this Phoenix, AZ-based company were $1,576.6 million, which surpassed the Zacks Consensus Estimate of $1,563 million. The metric increased 6% on a year-over-year basis. The growth was driven by sales from the new stores and a jump in comparable store sales.
Comparable store sales increased 2.9% during the quarter under review, backed by a rise in basket because of retail inflation, somewhat negated by a narrow decline in basket items.
We note that e-commerce sales grew 16.5% from the year ago period and formed 11.4% of the company’s total quarterly sales. Deli remained a top performer. The grocery, dairy, frozen and bakery categories continued to depict strength. During the quarter, the company also announced its partnership with DoorDash.
Sprouts Farmers Market, Inc. Price, Consensus and EPS Surprise
Sprouts Farmers Market, Inc. price-consensus-eps-surprise-chart | Sprouts Farmers Market, Inc. Quote
Margins
The gross profit rose from $533.2 million to $572.8 million. The gross margin expanded by approximately 60 basis points to 36.3%, primarily driven by price changes.
Sprouts Farmers reported an operating income of $61.9 million, up from $51.4 million reported in the year-ago period.
Selling, general and administrative (SG&A) expenses increased by $24 million year over year to $473 million driven by new stores, elevated marketing spend, increases in labor costs and higher commodity prices. During the quarter, store closure and other costs related to non-cash store asset impairments amounted to approximately $8 million.
Store Update
During the quarter, SFM opened seven new stores, taking the total count to 386 stores in 23 states as of Jan 1, 2023.
The company plans to open a minimum of 30 new stores in the year 2023. Also, it plans to close 11 stores during the first half of 2023.
Other Financial Aspects
Sprouts Farmers ended the year with cash and cash equivalents of $293 million, long-term debt and finance lease liabilities of roughly $259 million and stockholders’ equity of $1,046.5 million. The company had $700 million in its revolving credit facility as of the quarter end.
Sprouts Farmers repurchased 6.9 million shares for a total investment of $200 million in the year 2022. As of Jan 1, 2023, the company still has $412 million remaining under current share repurchase authorization.
The company generated cash from operations of $371 million and spent $112 million on capital expenditures, net of landlord reimbursement in 2022. Management anticipates capital expenditures (net of landlord reimbursements) in the $210-$230 million band for 2023.
Outlook
Sprouts Farmers announced its guidance for 2023 and envisions net sales growth of 4-6% and comparable store sales to increase in low-single digits. The company expects gross margin to be flat to slightly up. It also anticipates slight SG&A cost deleverage.
It projects adjusted earnings in the band of $2.41 to $2.53 per share for 2023, up from $2.39 reported in 2022. The company also expects adjusted earnings before interest and tax in between $355 million to $370 million.
For the first quarter of 2023, the company expects comparable store sales growth in the range of 1.5% to 2.5% and adjusted earnings in the band of 83-87 cents a share.
This Zacks Rank #4 (Sell) stock has risen 3.1% in the past three months against the industry’s decline of 7.4%.
Stocks to Consider
Here we have highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR.
Costco sells high volumes of foods and general merchandise. The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
The Zacks Consensus Estimate for Costco’s current financial-year revenues and EPS suggests growth of 7.3% and 8.6%, respectively, from the corresponding year-ago reported figures. COST has a trailing four-quarter earnings surprise of 3.7%, on average.
Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. DECK has a Zacks Rank #2 at present.
The Zacks Consensus Estimate for Deckers’ current financial-year sales and EPS suggests growth of 12.2% and 13.6%, respectively, from the year-ago corresponding figures. DECK has a trailing four-quarter earnings surprise of 31%, on average.
Kroger, which operates in the thin-margin grocery industry, carries a Zacks Rank of 2 at present. KR’s current financial-year revenues and EPS suggests growth of 7.5% and 12.5%, respectively. KR gave an earnings surprise of 7.3% in the last reported quarter. KR has a trailing four-quarter earnings surprise of 13.4%, on average.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
The Kroger Co. (KR) : Free Stock Analysis Report
Costco Wholesale Corporation (COST) : Free Stock Analysis Report
Sprouts Farmers Market, Inc. (SFM) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. Stocks to Consider Here we have highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR. DECK has a Zacks Rank #2 at present.
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The Zacks Consensus Estimate for Deckers’ current financial-year sales and EPS suggests growth of 12.2% and 13.6%, respectively, from the year-ago corresponding figures. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Sprouts Farmers Market, Inc. (SFM) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Here we have highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Sprouts Farmers Market, Inc. (SFM) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Here we have highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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Stocks to Consider Here we have highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. DECK has a Zacks Rank #2 at present.
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bc219604-76a8-4de0-91e4-8e70fcf0679f
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723924.0
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2023-03-02 00:00:00 UTC
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Deckers Outdoor Corp. Shares Close in on 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-close-in-on-52-week-high-market-mover-4
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nan
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nan
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Deckers Outdoor Corp. (DECK) shares closed today at 1.1% below its 52 week high of $433.31, giving the company a market cap of $10B. The stock is currently up 0.3% year-to-date, up 39.2% over the past 12 months, and up 316.9% over the past five years. This week, the Dow Jones Industrial Average fell 3.0%, and the S&P 500 fell 2.7%.
Trading Activity
Trading volume this week was 37.7% lower than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.
Technical Indicators
The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
MACD, a trend-following momentum indicator, indicates an upward trend.
The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -98.0%
The company's stock price performance over the past 12 months beats the peer average by -1055.3%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 81.9% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.1% below its 52 week high of $433.31, giving the company a market cap of $10B. Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -98.0% The company's stock price performance over the past 12 months beats the peer average by -1055.3% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 81.9% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.1% below its 52 week high of $433.31, giving the company a market cap of $10B. This week, the Dow Jones Industrial Average fell 3.0%, and the S&P 500 fell 2.7%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.1% below its 52 week high of $433.31, giving the company a market cap of $10B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -98.0% The company's stock price performance over the past 12 months beats the peer average by -1055.3% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 81.9% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.1% below its 52 week high of $433.31, giving the company a market cap of $10B. This week, the Dow Jones Industrial Average fell 3.0%, and the S&P 500 fell 2.7%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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bae12845-3388-48ab-81a9-3868d820ebe2
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723925.0
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2023-03-02 00:00:00 UTC
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Burlington Stores (BURL) Tops Q4 Estimates, Sales Rise Y/Y
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DECK
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https://www.nasdaq.com/articles/burlington-stores-burl-tops-q4-estimates-sales-rise-y-y
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nan
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nan
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Burlington Stores, Inc. BURL reported results for fourth-quarter fiscal 2022, wherein sales and earnings beat the Zacks Consensus Estimate. Both the top line and bottom line increased year over year. This performance was driven by improved conversion and basket size and also by improved traffic.
Management also announced its future outlook for fiscal 2023 which was better than analysts’ expectations, which led the share price to increase by approximately 5.1% during the pre-market session on Mar 3. Over the past three months, the stock has increased 8.4% against the industry's decline of 2.3%.
Insight Into the Headlines
Burlington Stores delivered adjusted earnings of $2.96 per share, beating the Zacks Consensus Estimate of $2.72. Also, the bottom line increased from $2.53 a share recorded in the year-ago fiscal period.
Total sales of $2,739 million topped the Zacks Consensus Estimate of $2,600 and increased 5% from the last fiscal year’s quarterly reported figure. Although the company’s Comparable sales decreased 2% from the year-ago period.
Burlington Stores, Inc. Price, Consensus and EPS Surprise
Burlington Stores, Inc. price-consensus-eps-surprise-chart | Burlington Stores, Inc. Quote
Margins
Gross margin was 40.7% in the reported quarter, up 90 basis points (bps) from the fourth-quarter fiscal 2021 actuals. Merchandise margins declined 40 bps, partly offsetting the 130 bps improvement in freight expenses.
Adjusted Selling, general and administrative (SG&A), as a rate of sales, was 21.7%, improving 50 bps from the fourth quarter fiscal 2021 actuals. Product sourcing costs included in SG&A came in at $187 million, up from $159 million recorded in the fourth quarter of fiscal 2021. Product sourcing costs represent the processing goods expenses via supply-chain and buying costs.
Adjusted EBITDA increased 70 bps from the fourth quarter of fiscal 2021 to $342 million. Adjusted EBIT was $274 million, up from $241 million in fourth-quarter fiscal 2021. Adjusted EBIT margin increased 80 bps from the fourth quarter of fiscal 2021 finals.
Other Financial Aspects
This Zacks Rank #2 (Buy) company ended the reported quarter with cash and cash equivalents of $872.6 million, long-term debt of $1,462 million and a stockholders’ equity of $794.9 million. BURL exited the fiscal fourth quarter with $1,669 million of liquidity, including $873 million of unrestricted cash and $796 million available under its ABL facility.
Burlington Stores ended the quarter with $1,476 million of outstanding total debt comprising $942 million under its Term Loan Facility, $508 million of Convertible Notes and no borrowings under its ABL Facility.
Merchandise inventories were $1,182 million, up from $1,021 million reported in the fourth-quarter fiscal 2021. Comparable store inventories grew 32% from the level recorded in the same quarter of fiscal 2021. Reserve inventory accounted for 48% of the total inventory at the end of the reported quarter.
Burlington Stores bought back 275,029 shares for $51 million under its share repurchase plan in the fiscal fourth quarter. As of Jan 28, 2023, BURL had $347 million remaining under the share repurchase authorization.
Outlook
For fiscal 2023, comparable sales are expected to increase in the range of 3-5% on top of the 13% decrease during fiscal 2022. Net sales are expected to increase 12-14%, including approximately 2% from the 53rd week, on top of a 7% decrease in Fiscal 2022. Based on comparable sales increase, management expects 80 to 120 bps expansion in operating margin.
Adjusted EBIT margin is now expected to increase 80-120 bps for the full fiscal. Adjusted earnings per share (EPS) are envisioned in the bracket of $5.50-$6.00 compared with adjusted earnings per share of $4.26 recorded in the last fiscal year.
In fiscal 2023, management intends to open an additional 70 to 80 net new stores and projects capital expenditures, net of landlord allowances of $560 million.
For the first quarter of fiscal 2023, total sales are expected to increase 12-14% and comps are expected to increase 5-7% from the year-ago period. Adjusted EBIT margin is likely to be up by 120-150 bps from the last fiscal year’s quarterly reading and adjusted earnings per share are forecast in the range of 85 cents to 95 cents. Burlington Stores’ adjusted earnings were 54 cents per share in the first quarter of fiscal 2022.
Stocks to Consider
Here we highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR.
Costco sells high volumes of food and general merchandise. The stock currently carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
The Zacks Consensus Estimate for Costco’s current financial-year revenues and EPS suggests growth of 7.3% and 8.6%, respectively, from the corresponding year-ago reported figures. COST has a trailing four-quarter earnings surprise of 3.7%, on average.
Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. DECK has a Zacks Rank #2 at present.
The Zacks Consensus Estimate for Deckers’ current financial-year sales and EPS suggests growth of 12% and 13.6%, respectively, from the year-ago corresponding figures. DECK has a trailing four-quarter earnings surprise of 31%, on average.
Kroger, which operates in the thin-margin grocery industry, carries a Zacks Rank of 3 (Hold) at present. KR’s current financial-year revenues and EPS suggests growth of 7.5% and 12.5%, respectively. KR gave an earnings surprise of 7.3% in the last reported quarter. KR has a trailing four-quarter earnings surprise of 13.4%, on average.
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Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
The Kroger Co. (KR) : Free Stock Analysis Report
Costco Wholesale Corporation (COST) : Free Stock Analysis Report
Burlington Stores, Inc. (BURL) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. Stocks to Consider Here we highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR. DECK has a Zacks Rank #2 at present.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Burlington Stores, Inc. (BURL) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Here we highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Burlington Stores, Inc. (BURL) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Here we highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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Stocks to Consider Here we highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. DECK has a Zacks Rank #2 at present.
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3db30ef9-5267-4379-867f-abde96e99b55
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723926.0
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2023-02-28 00:00:00 UTC
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Validea Guru Fundamental Report for DECK - 2/28/2023
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DECK
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https://www.nasdaq.com/articles/validea-guru-fundamental-report-for-deck-2-28-2023
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nan
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nan
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Below is Validea's guru fundamental report for DECKERS OUTDOOR CORP (DECK). Of the 22 guru strategies we follow, DECK rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum and price momentum.
DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. The rating using this strategy is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
FUNDAMENTAL MOMENTUM: PASS
TWELVE MINUS ONE MOMENTUM: PASS
FINAL RANK: PASS
Detailed Analysis of DECKERS OUTDOOR CORP
DECK Guru Analysis
DECK Fundamental Analysis
Dashan Huang Portfolio
About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. His paper "Twin Momentum" looked at combining traditional price momentum with improving fundamentals to generate market outperformance. In the paper, he identified seven fundamental variables (earnings, return on equity, return on assets, accrual operating profitability to equity, cash operating profitability to assets, gross profit to assets and net payout ratio) that he combined into a single fundamental momentum measure. He showed that stocks in the top 20% of the universe according to that measure outperformed the market going forward. When he combined that measure with price momentum, he was able to double its outperformance.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Below is Validea's guru fundamental report for DECKERS OUTDOOR CORP (DECK). DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Of the 22 guru strategies we follow, DECK rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.
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Of the 22 guru strategies we follow, DECK rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for DECKERS OUTDOOR CORP (DECK).
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Of the 22 guru strategies we follow, DECK rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for DECKERS OUTDOOR CORP (DECK).
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Below is Validea's guru fundamental report for DECKERS OUTDOOR CORP (DECK). Of the 22 guru strategies we follow, DECK rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry.
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723927.0
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2023-02-27 00:00:00 UTC
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Carter's (CRI) Q4 Earnings and Revenues Beat, Decline Y/Y
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DECK
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https://www.nasdaq.com/articles/carters-cri-q4-earnings-and-revenues-beat-decline-y-y
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nan
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nan
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Carter's, Inc. CRI reported fourth-quarter 2022 results, wherein the top line and the bottom line beat the Zacks Consensus Estimate. Although both metrics fell year over year. Results were hurt by tough year-over-year comparisons along with the impact inflation had on demands from retail and wholesale customers.
Over the past three months, shares of Carter's have increased 1.2% compared with the industry’s rise of 11.8%.
Q4 in Detail
Carter’s reported fourth-quarter 2022 adjusted earnings of $2.29 per share, beating the Zacks Consensus Estimate of $1.74. However, the figure fell 0.9% from $2.31 reported in the prior-year quarter.
The company reported net sales of $912.1 million which beat the Zacks Consensus Estimate of $869 million. However, the metric declined 14.1% from $1,062 million reported in the year-ago period. The downside can be attributed to lower sales across the U.S. Retail, U.S. Wholesale and International divisions. Unfavorable foreign currency translations hurt sales of $5.8 million or 0.5%.
Carter's, Inc. Price, Consensus and EPS Surprise
Carter's, Inc. price-consensus-eps-surprise-chart | Carter's, Inc. Quote
Segmental Sales
Sales in the U.S. Retail segment decreased 12.7% year over year to $526.5 million due to lower comparable sales. U.S. Retail comparable net sales fell 12.9%.
The U.S. Wholesale segment’s sales dipped 17.8% to $260.7 million.
The International segment witnessed a 12% drop in revenues to $124.9 million in the fourth quarter.
Margins
Gross profit declined 15.7% year over year to $415.5 million, while the gross margin contracted 80 basis points to 45.6%.
Further, adjusted operating income declined 14% year over year to $118.5 million in the reported quarter. The adjusted operating margin remained flat year over year at 13% in the quarter under review, reflecting lower air freight expense and lower performance-based compensation provisions. This was partially offset by fixed cost deleverage on lower sales and higher ocean freight rates.
Balance Sheet & Shareholder-Friendly Moves
The Zacks Rank #3 (Hold) player ended the quarter with cash and cash equivalents of $211.7 million, net long-term debt of $616.6 million and shareholders’ equity of $796.4 million. In 2022, CRI had a cash flow of $88.4 million for operating activities. CRI returned $418 million via share repurchases and dividends in 2022.
During the fourth quarter, CRI bought back 0.8 million shares for $71.97 million. In 2022, the company repurchased 3.7 million shares for $299.7 million.
As of Dec 31, 2022, the company has roughly $749.5 million remaining under its earlier announced repurchase authorization.
Outlook
For the first quarter of 2023, net sales are expected to be in the range of $630-$650 million. Adjusted earnings are likely to be in the range of 35 cents to 55 cents, down from $1.66 reported in the prior-year quarter. Adjusted operating income is expected in the $30-$40 million band, down from $102.6 million recorded in the year-ago quarter.
The first-quarter outlook reflects continued inflationary pressure on consumer demand and cautious inventory commitments by wholesale customers. Nevertheless, the company expects improved gross margins reflecting better price realization and channel mix. The company also expects lower interest expense and a lower average number of shares outstanding in the first quarter of 2023.
For 2023, Carter’s now projects net sales of $3 billion down compared with $3.20 billion in the previous year. Adjusted earnings per share are now expected to be $6.15, down from $6.9 reported in 2022. Adjusted operating income is forecast to be $350 million down compared with $388.2 million in the year-ago period. The company expects operating cash flow of more than $300 million and capital expenditures of approximately $75 million.
Stocks to Consider
Here we have highlighted three better-ranked stocks, namely, BJ's Wholesale Club BJ, Deckers Outdoor DECK and Crocs CROX.
BJ's Wholesale Club, which is one of the preferred destinations for shoppers, currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for BJ’s Wholesales’ current financial-year revenues and earnings per share (EPS) suggests growth of 16.2% and 16.6%, respectively, from the corresponding year-ago reported figures. BJ has a trailing four-quarter earnings surprise of 18.21%, on average.
Deckers Outdoor is a leading designer, producer, and brand manager of innovative, niche footwear and accessories. DECK has a Zacks Rank #2 at present.
The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and EPS suggests growth of 12.2% and 13.6%, respectively, from the year-ago corresponding figures. DECK has a trailing four-quarter earnings surprise of 31%, on average.
Crocs, one of the leading footwear brands, has a Zacks Rank of #2 at present. CROX has a trailing four-quarter earnings surprise of 21.8%, on average.
The Zacks Consensus Estimate for Crocs' current financial-year sales and EPS suggests growth of 12.4% and 0.9%, respectively, from the year-ago corresponding figures.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report
Crocs, Inc. (CROX) : Free Stock Analysis Report
Carter's, Inc. (CRI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and EPS suggests growth of 12.2% and 13.6%, respectively, from the year-ago corresponding figures. Stocks to Consider Here we have highlighted three better-ranked stocks, namely, BJ's Wholesale Club BJ, Deckers Outdoor DECK and Crocs CROX. Deckers Outdoor is a leading designer, producer, and brand manager of innovative, niche footwear and accessories.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report Carter's, Inc. (CRI) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Here we have highlighted three better-ranked stocks, namely, BJ's Wholesale Club BJ, Deckers Outdoor DECK and Crocs CROX. Deckers Outdoor is a leading designer, producer, and brand manager of innovative, niche footwear and accessories.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report Carter's, Inc. (CRI) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Here we have highlighted three better-ranked stocks, namely, BJ's Wholesale Club BJ, Deckers Outdoor DECK and Crocs CROX. Deckers Outdoor is a leading designer, producer, and brand manager of innovative, niche footwear and accessories.
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Stocks to Consider Here we have highlighted three better-ranked stocks, namely, BJ's Wholesale Club BJ, Deckers Outdoor DECK and Crocs CROX. Deckers Outdoor is a leading designer, producer, and brand manager of innovative, niche footwear and accessories. DECK has a Zacks Rank #2 at present.
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621e28e9-9ee5-45f8-9c40-6c5c4671d0d0
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723928.0
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2023-02-27 00:00:00 UTC
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These 2 Under-the-Radar Stocks Have Incredibly Bright Futures
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DECK
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https://www.nasdaq.com/articles/these-2-under-the-radar-stocks-have-incredibly-bright-futures-5
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nan
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Focusing on stocks that are not constantly in the headlines can uncover hidden gems that the market is significantly undervaluing. The two stocks below are wildly different but have one thing in common: They don't get a lot of attention on Wall Street, despite having great track records of delivering strong growth and returns to shareholders.
Leading website creator Wix.com (NASDAQ: WIX) and UGG brand owner Deckers Outdoor (NYSE: DECK) are two quality growth stocks to consider buying right now. These two companies already have delivered market-beating returns over the last decade but each still has enormous expansion opportunities ahead.
1. Wix.com
Wix.com was founded in 2006 to make it easier for anyone to build a website. It operates as a software-as-a-service (SaaS) company, so most of its revenue comes from subscriptions. This leads to stable annual revenue streams that can turn a high profit margin.
Wix has grown revenue right along with the emergence of the creator economy and burgeoning e-commerce market. Over the last 10 years, revenue increased from just $44 million to over $1.3 billion last year. This growth is reflected in the stock price, which would have turned a $1,000 investment 10 years ago into well over $18,000 at the stock's previous high in 2021, easily outperforming the broader market.
Data by YCharts
The company hit a slump in 2022, as internet growth reverted to pre-pandemic levels. This slump contributed to the stock's recent sell-off. But management still sees many years of significant expansion ahead, which spells a buying opportunity for patient investors. Over the next 10 years, management expects the business to realize over $15 billion in future bookings. While that implies a lower rate of annual growth than previously, the company's improving profitability is being undervalued by the market right now.
It's typical for SaaS companies to report losses in the early stages of growth, as management learns to optimize costs and invest to expand the business, before improving margins later on. Wix is starting to enter the profitable phase of its journey, where it is seeing increased scale turn into growing free cash flow.
Management aims to convert at least 10% of its revenue in free cash flow this year, as it focuses on lowering costs as a percentage of revenue. This should translate to approximately $150 million of free cash flow. Because Wall Street now favors tech companies showing a clear path to profitability, improving free cash flow is a catalyst for the stock to rebound.
It's a good sign that management started to repurchase shares after the stock's fall last year. It repurchased approximately 5% of the total shares outstanding in the fourth quarter, signaling the stock is undervalued at these levels.
2. Deckers Outdoor
Deckers is proof you don't have to buy the latest hot tech stock to reach your financial goals. The company delivers phenomenal returns to investors driven by the popularity of the UGG and Hoka footwear brands.
A $1,000 investment in the stock 10 years ago would be worth almost $10,000 today -- beating the return of the footwear leader Nike and e-commerce titan Amazon.
Data by YCharts
Deckers is a master at developing and marketing shoe brands. It acquired Hoka in 2012, which is fueling its growth today. Hoka offers footwear with a reputation as being some of the most comfortable on the market, and customers are responding with increased sales.
The company delivered impressive growth last year despite inflation and other consumer spending headwinds. Through the first nine months of the fiscal year ending in December, net sales grew 17% year over year. The Hoka brand was a key growth driver, with sales jumping 90% year over year in the holiday quarter.
Hoka reached the $1 billion milestone on a trailing-12-month basis earlier last year, but management sees much more growth for Hoka over the long term. Deckers is just getting started.
The stock seems to be perennially undervalued. Despite a long record of superior growth, the stock still trades at a forward price-to-earnings ratio of 21, which is a significant discount to Nike's 38 and Amazon's 62. Deckers clearly deserves to trade at a higher valuation.
10 stocks we like better than Wix.com
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. John Ballard has positions in Amazon.com. The Motley Fool has positions in and recommends Amazon.com, Nike, and Wix.com. The Motley Fool recommends the following options: long January 2025 $47.50 calls on Nike. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Leading website creator Wix.com (NASDAQ: WIX) and UGG brand owner Deckers Outdoor (NYSE: DECK) are two quality growth stocks to consider buying right now. Deckers Outdoor Deckers is proof you don't have to buy the latest hot tech stock to reach your financial goals. Data by YCharts Deckers is a master at developing and marketing shoe brands.
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Leading website creator Wix.com (NASDAQ: WIX) and UGG brand owner Deckers Outdoor (NYSE: DECK) are two quality growth stocks to consider buying right now. Deckers Outdoor Deckers is proof you don't have to buy the latest hot tech stock to reach your financial goals. Data by YCharts Deckers is a master at developing and marketing shoe brands.
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Leading website creator Wix.com (NASDAQ: WIX) and UGG brand owner Deckers Outdoor (NYSE: DECK) are two quality growth stocks to consider buying right now. Deckers Outdoor Deckers is proof you don't have to buy the latest hot tech stock to reach your financial goals. Data by YCharts Deckers is a master at developing and marketing shoe brands.
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Leading website creator Wix.com (NASDAQ: WIX) and UGG brand owner Deckers Outdoor (NYSE: DECK) are two quality growth stocks to consider buying right now. Deckers Outdoor Deckers is proof you don't have to buy the latest hot tech stock to reach your financial goals. Data by YCharts Deckers is a master at developing and marketing shoe brands.
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723929.0
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2023-02-26 00:00:00 UTC
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Validea's Top Ten Consumer Cyclical Stocks Based On Motley Fool - 2/26/2023
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DECK
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https://www.nasdaq.com/articles/valideas-top-ten-consumer-cyclical-stocks-based-on-motley-fool-2-26-2023
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The following are the top rated Consumer Cyclical stocks according to Validea's Small-Cap Growth Investor model based on the published strategy of Motley Fool. This strategy looks for small cap growth stocks with solid fundamentals and strong price performance.
ETHAN ALLEN INTERIORS INC (ETD) is a small-cap value stock in the Furniture & Fixtures industry. The rating according to our strategy based on Motley Fool is 76% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Ethan Allen Interiors Inc. is an interior design company, which operates as a manufacturer and retailer in the home furnishings marketplace. The Company provides complimentary interior design services to its clients and sells a range of home furnishing products through a retail network of design centers located throughout the United States and abroad, as well as online at ethanallen.com. The Company has two reportable segments: Wholesale and Retail. The Wholesale segment is principally involved in the development of the Ethan Allen brand and encompasses all aspects of design, manufacturing, sourcing, marketing, sale, and distribution of its range of home furnishings and accents. The Retail segment sells home furnishings and accents to clients through a network of Company-operated design centers. The Company operates approximately 139 retail design centers with 135 located in the United States and four in Canada.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: FAIL
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: FAIL
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: PASS
PROFIT MARGIN CONSISTENCY: PASS
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: PASS
INVENTORY TO SALES: PASS
ACCOUNTS RECEIVABLE TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: PASS
"THE FOOL RATIO" (P/E TO GROWTH): PASS
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: PASS
PRICE: PASS
INCOME TAX PERCENTAGE: PASS
Detailed Analysis of ETHAN ALLEN INTERIORS INC
ETD Guru Analysis
ETD Fundamental Analysis
HAVERTY FURNITURE COMPANIES, INC. (HVT) is a small-cap value stock in the Furniture & Fixtures industry. The rating according to our strategy based on Motley Fool is 76% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Haverty Furniture Companies, Inc. is a specialty retailer of residential furniture and accessories. The Company offers products under various categories including living rooms, bedrooms, dining rooms, home offices, mattresses, decor, rugs and outdoor. Its mattress product lines include Tempur-Pedic, Serta, Sealy, and Stearns and Foster. Its customers include women in middle to upper-to-middle-income households. It operates approximately 122 stores in 16 states in the Southern and Midwest regions providing its customers with a range of merchandise in the middle to upper-middle price ranges. Its retail locations are operated using the Havertys name. It also has an online platform through which its customers can make purchases. It also offers financing through third-party finance companies as well as an internal revolving charge credit plan. Its stores are located in areas, including Florida, Texas, Georgia, North Carolina, Virginia, South Carolina, Alabama, Tennessee and Maryland.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: PASS
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: FAIL
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: FAIL
PROFIT MARGIN CONSISTENCY: PASS
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: PASS
INVENTORY TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: PASS
"THE FOOL RATIO" (P/E TO GROWTH): PASS
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: PASS
PRICE: PASS
INCOME TAX PERCENTAGE: PASS
Detailed Analysis of HAVERTY FURNITURE COMPANIES, INC.
HVT Guru Analysis
HVT Fundamental Analysis
DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. The rating according to our strategy based on Motley Fool is 75% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Its segments include UGG brand, HOKA brand, Teva brand, Sanuk brand, Other brands and Direct-to-Consumer (DTC). UGG brand segment provides premium footwear, apparel and accessories with expanded product offerings. The HOKA brand segment's products include running, trail, hiking, fitness and lifestyle. Teva brand segment is engaged in a multi-category outdoor lifestyle brand offering a range of performance, casual and trail lifestyle products. Sanuk brand segment is engaged in lifestyle brand with a presence in the relaxed casual shoe and sandal categories. Other brands segment consist the Koolaburra brand, which is a casual footwear fashion line that uses plush materials. The segment primarily sells in the United States and Canada. DTC segment is comprised of its e-commerce websites and retail stores.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: PASS
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: FAIL
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: PASS
PROFIT MARGIN CONSISTENCY: PASS
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: PASS
INVENTORY TO SALES: PASS
ACCOUNTS RECEIVABLE TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: PASS
"THE FOOL RATIO" (P/E TO GROWTH): PASS
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: FAIL
PRICE: PASS
INCOME TAX PERCENTAGE: FAIL
Detailed Analysis of DECKERS OUTDOOR CORP
DECK Guru Analysis
DECK Fundamental Analysis
AUTOZONE INC (AZO) is a large-cap growth stock in the Auto & Truck Parts industry. The rating according to our strategy based on Motley Fool is 65% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: AutoZone, Inc. is a retailer and distributor of automotive replacement parts and accessories in the Americas. The Company's Auto Parts Stores segment is the retailer and distributor of automotive parts and accessories through the Company's, stores in the United States, Mexico, and Brazil. Each store carries an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Its other segments include ALLDATA, which produces, sells and maintains diagnostic, repair and shop management software used in the automotive repair industry and E-commerce, which includes direct sales to customers through www.autozone.com for sales that are not fulfilled by local stores. The Company has approximately 6,168 stores in the United States, 703 in Mexico, and 72 in Brazil for a total store count of 6,943.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: PASS
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: FAIL
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: PASS
PROFIT MARGIN CONSISTENCY: PASS
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: FAIL
INVENTORY TO SALES: PASS
ACCOUNTS RECEIVABLE TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: PASS
"THE FOOL RATIO" (P/E TO GROWTH): FAIL
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: FAIL
PRICE: PASS
INCOME TAX PERCENTAGE: PASS
Detailed Analysis of AUTOZONE INC
AZO Guru Analysis
AZO Fundamental Analysis
ARHAUS INC (ARHS) is a small-cap growth stock in the Furniture & Fixtures industry. The rating according to our strategy based on Motley Fool is 65% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Arhaus, Inc. is a lifestyle brand and omnichannel retailer of premium home furnishings. The Company through its proprietary model designs and sources products from manufacturers and artisans. It has approximately 75 showroom and design centers locations across the United States. The Company's in-home designers, who work with clients in the showroom and travel to its clients' residences and offer personalized solutions. The Company's online capabilities provide research and discovery and allow clients to begin or complete transactions online. Its online design services professionals and virtual tools complement its e-commerce platform by engaging clients and providing them with expert design advice and capabilities. The Company distributes two large catalogs each year, a January and a September edition, in both an online and physical format. It also distributes catalogs for specific categories, such as outdoor furnishings, special collections, and certain holidays.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: PASS
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: PASS
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: PASS
PROFIT MARGIN CONSISTENCY: FAIL
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: PASS
INVENTORY TO SALES: PASS
ACCOUNTS RECEIVABLE TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: FAIL
"THE FOOL RATIO" (P/E TO GROWTH): FAIL
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: PASS
PRICE: PASS
INCOME TAX PERCENTAGE: FAIL
Detailed Analysis of ARHAUS INC
ARHS Guru Analysis
ARHS Fundamental Analysis
MASTERCRAFT BOAT HOLDINGS INC (MCFT) is a small-cap value stock in the Recreational Products industry. The rating according to our strategy based on Motley Fool is 63% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: MasterCraft Boat Holdings, Inc. is a designer, manufacturer and marketer of recreational powerboats, which has a diversified portfolio of four brands, MasterCraft, Crest, NauticStar and Aviara. It has four segments. MasterCraft segment consists of its MasterCraft brand, which manufactures premium ski/wake boats. Crest segment consists of its Crest brand, which manufactures pontoon boats. NauticStar segment consists of its NauticStar brand, which manufactures saltwater fishing boats, deck boats and bay boats designed for a variety of uses, including recreational and competitive sport fishing in freshwater lakes or saltwater, and general recreational enjoyment. Aviara segment consists of its Aviara brand, which manufactures luxury day boats. Its subsidiaries include MasterCraft Boat Company, LLC, MasterCraft Services, LLC, MasterCraft Parts, Ltd., MasterCraft International Sales Administration, Inc., Aviara Boats, LLC (Aviara), Nautic Star, LLC, NS Transport, LLC and Crest Marine, LLC.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: FAIL
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: FAIL
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: PASS
PROFIT MARGIN CONSISTENCY: PASS
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: FAIL
INVENTORY TO SALES: PASS
ACCOUNTS RECEIVABLE TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: FAIL
"THE FOOL RATIO" (P/E TO GROWTH): PASS
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: PASS
PRICE: PASS
INCOME TAX PERCENTAGE: PASS
Detailed Analysis of MASTERCRAFT BOAT HOLDINGS INC
MCFT Guru Analysis
MCFT Fundamental Analysis
LKQ CORP (LKQ) is a large-cap value stock in the Auto & Truck Parts industry. The rating according to our strategy based on Motley Fool is 59% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: LKQ Corporation is a holding company, which distributes vehicle products, including replacement parts, components, and systems used in the repair and maintenance of vehicles, and specialty products and accessories, and automotive glass products. Its segments include Wholesale- North America, Europe and Specialty. North America segment offers vehicle replacement products, including sheet metal collision parts, such as doors, hoods, and fenders; bumper covers; head and tail lamps; automotive glass products, such as windshields; mirrors and grilles; wheels, and large mechanical items, such as engines and transmissions. Europe segment offers small mechanical products, such as brake pads, discs and sensors; clutches; electrical products, such as spark plugs and batteries; filters, and oil and automotive fluids. Specialty segment serves truck and off-road; speed and performance; recreational vehicles; towing; wheels, tires and performance handling; marine, and miscellaneous accessories.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: FAIL
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: FAIL
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: PASS
PROFIT MARGIN CONSISTENCY: PASS
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: FAIL
INVENTORY TO SALES: PASS
ACCOUNTS RECEIVABLE TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: FAIL
"THE FOOL RATIO" (P/E TO GROWTH): PASS
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: FAIL
PRICE: PASS
INCOME TAX PERCENTAGE: PASS
Detailed Analysis of LKQ CORP
LKQ Guru Analysis
LKQ Fundamental Analysis
O'REILLY AUTOMOTIVE INC (ORLY) is a large-cap growth stock in the Auto & Truck Parts industry. The rating according to our strategy based on Motley Fool is 59% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: O'Reilly Automotive, Inc. is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. Its product line includes new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting, oil and wiper blades, and accessories, such as floor mats, seat covers and truck accessories. The Company's stores offer various services and programs to its customers, such as battery diagnostic testing; battery, wiper and bulb replacement; custom hydraulic hoses; drum and rotor resurfacing; electrical and module testing; loaner tool program, and used oil, oil filter and battery recycling.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: PASS
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: FAIL
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: PASS
PROFIT MARGIN CONSISTENCY: FAIL
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: FAIL
INVENTORY TO SALES: PASS
ACCOUNTS RECEIVABLE TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: PASS
"THE FOOL RATIO" (P/E TO GROWTH): FAIL
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: FAIL
PRICE: PASS
INCOME TAX PERCENTAGE: PASS
Detailed Analysis of O'REILLY AUTOMOTIVE INC
ORLY Guru Analysis
ORLY Fundamental Analysis
SNAP-ON INCORPORATED (SNA) is a large-cap value stock in the Appliance & Tool industry. The rating according to our strategy based on Motley Fool is 59% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Snap-on Incorporated is a manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions. The Company's segments include the Commercial and Industrial Group, which serves a range of industrial and commercial customers worldwide, including customers in the aerospace, natural resources, government, power generation, transportation and technical education market segments, through direct and distributor channels; the Snap-on Tools Group, which provides vehicle service and repair technicians through its worldwide mobile tool distribution channel; Repair Systems and Information Group, which consists of business operations serving other professional vehicle repair customers worldwide, owners and managers of independent repair shops and original equipment manufacturer dealerships, through direct and distributor channels, and Financial Services, which consists of the business operations of its finance subsidiaries.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: FAIL
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: FAIL
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: PASS
PROFIT MARGIN CONSISTENCY: PASS
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: PASS
INVENTORY TO SALES: PASS
ACCOUNTS RECEIVABLE TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: FAIL
"THE FOOL RATIO" (P/E TO GROWTH): FAIL
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: FAIL
PRICE: PASS
INCOME TAX PERCENTAGE: PASS
Detailed Analysis of SNAP-ON INCORPORATED
SNA Guru Analysis
SNA Fundamental Analysis
TEMPUR SEALY INTERNATIONAL INC (TPX) is a mid-cap growth stock in the Furniture & Fixtures industry. The rating according to our strategy based on Motley Fool is 59% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Tempur Sealy International, Inc. is a designer, manufacturer, and distributor of bedding products. The Company operates through two segments: North America and International. North America segment consists of manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States, Canada and Mexico. Its International segment consists of manufacturing and distribution subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America (other than Mexico). The Company's brands include Tempur-Pedic, Sealy and Stearns & Foster and its non-branded offerings include private label and original equipment manufacturer (OEM) products. The Company distributes through two channels in each operating business segment: wholesale and direct. Its wholesale channel consists of third-party retailers, including third-party distribution, hospitality and healthcare. Its direct channel includes Company-owned stores, online and call centers.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: FAIL
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: FAIL
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: PASS
PROFIT MARGIN CONSISTENCY: FAIL
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: FAIL
INVENTORY TO SALES: PASS
ACCOUNTS RECEIVABLE TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: PASS
"THE FOOL RATIO" (P/E TO GROWTH): PASS
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: FAIL
PRICE: PASS
INCOME TAX PERCENTAGE: PASS
Detailed Analysis of TEMPUR SEALY INTERNATIONAL INC
TPX Guru Analysis
TPX Fundamental Analysis
Motley Fool Portfolio
About Motley Fool: Brothers David and Tom Gardner often wear funny hats in public appearances, but they're hardly fools -- at least not the kind whose advice you should readily dismiss. The Gardners are the founders of the popular Motley Fool web site, which offers frank and often irreverent commentary on investing, the stock market, and personal finance. The Gardners' "Fool" really is a multi-media endeavor, offering not only its web content but also several books written by the brothers, a weekly syndicated newspaper column, and subscription newsletter services.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Detailed Analysis of HAVERTY FURNITURE COMPANIES, INC. HVT Guru Analysis HVT Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis AUTOZONE INC (AZO) is a large-cap growth stock in the Auto & Truck Parts industry.
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Detailed Analysis of HAVERTY FURNITURE COMPANIES, INC. HVT Guru Analysis HVT Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis AUTOZONE INC (AZO) is a large-cap growth stock in the Auto & Truck Parts industry.
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Detailed Analysis of HAVERTY FURNITURE COMPANIES, INC. HVT Guru Analysis HVT Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis AUTOZONE INC (AZO) is a large-cap growth stock in the Auto & Truck Parts industry.
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Detailed Analysis of HAVERTY FURNITURE COMPANIES, INC. HVT Guru Analysis HVT Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis AUTOZONE INC (AZO) is a large-cap growth stock in the Auto & Truck Parts industry.
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2023-02-26 00:00:00 UTC
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Validea's Top Ten Consumer Cyclical Stocks Based On David Dreman - 2/26/2023
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DECK
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https://www.nasdaq.com/articles/valideas-top-ten-consumer-cyclical-stocks-based-on-david-dreman-2-26-2023
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The following are the top rated Consumer Cyclical stocks according to Validea's Contrarian Investor model based on the published strategy of David Dreman. This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals.
TITAN INTERNATIONAL INC (TWI) is a small-cap value stock in the Auto & Truck Parts industry. The rating according to our strategy based on David Dreman is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Titan International, Inc. is an industrial manufacturer and supplier that services customers across the globe. Its segments include Agricultural, Earthmoving/Construction and Consumer. The Agricultural segment manufactures wheels, tires, and undercarriage systems and components for use on various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The Earthmoving/Construction segment manufactures wheels, tires, and undercarriage systems and components for various types of off-the-roads (OTR) earthmoving, mining, military, construction, and forestry equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. Its Consumer segment manufactures bias truck tires in Latin America and light truck tires in Russia.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: FAIL
EARNINGS TREND: FAIL
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: PASS
PRICE/CASH FLOW (P/CF) RATIO: PASS
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: FAIL
Detailed Analysis of TITAN INTERNATIONAL INC
TWI Guru Analysis
TWI Fundamental Analysis
ALLISON TRANSMISSION HOLDINGS INC (ALSN) is a mid-cap value stock in the Auto & Truck Parts industry. The rating according to our strategy based on David Dreman is 64% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Allison Transmission Holdings, Inc. and its subsidiaries are engaged in the design and manufacture of vehicle propulsion solutions, including commercial-duty on-highway, off-highway and defense fully automatic transmissions and electric hybrid and fully electric systems. It operates across Europe, Asia, South America and Africa. The Company manufactures fully automatic transmissions for medium and heavy-duty commercial vehicles and medium and heavy-tactical United States defense vehicles and is a supplier of commercial vehicle electric hybrid and fully electric propulsion systems. Its transmissions and electric propulsion solutions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. Its on-highway products include 1000 Series, 2000 Series, 3000 Series, 4000 Series, eGen Flex Electric Hybrid Propulsion Solutions and eGen Power Fully Electric Propulsion Solutions. Its defense products include X200, 3040MX and X1100.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: FAIL
PRICE/CASH FLOW (P/CF) RATIO: FAIL
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: FAIL
Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC
ALSN Guru Analysis
ALSN Fundamental Analysis
DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. The rating according to our strategy based on David Dreman is 64% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Its segments include UGG brand, HOKA brand, Teva brand, Sanuk brand, Other brands and Direct-to-Consumer (DTC). UGG brand segment provides premium footwear, apparel and accessories with expanded product offerings. The HOKA brand segment's products include running, trail, hiking, fitness and lifestyle. Teva brand segment is engaged in a multi-category outdoor lifestyle brand offering a range of performance, casual and trail lifestyle products. Sanuk brand segment is engaged in lifestyle brand with a presence in the relaxed casual shoe and sandal categories. Other brands segment consist the Koolaburra brand, which is a casual footwear fashion line that uses plush materials. The segment primarily sells in the United States and Canada. DTC segment is comprised of its e-commerce websites and retail stores.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: FAIL
PRICE/CASH FLOW (P/CF) RATIO: FAIL
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: PASS
Detailed Analysis of DECKERS OUTDOOR CORP
DECK Guru Analysis
DECK Fundamental Analysis
GENERAL MOTORS COMPANY (GM) is a large-cap value stock in the Auto & Truck Manufacturers industry. The rating according to our strategy based on David Dreman is 63% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: General Motors Company designs, builds and sells trucks, crossovers, cars and automobile parts and provides software-enabled services and subscriptions worldwide. The Company provides automotive financing services through its General Motors Financial Company, Inc. (GM Financial) segment. GM North America (GMNA) and GM International (GMI) develops, manufactures and/or markets vehicles under the Buick, Cadillac, Chevrolet and GMC brands. The Company's segments include GMNA, GMI, Cruise and GM Financial. Its Cruise segment is engaged in the development and commercialization of autonomous vehicle technology. It offers OnStar and connected services to approximately 21 million connected vehicles globally through subscription-based and complimentary services. It is also developing hydrogen fuel cell applications across transportation and industries, including mobile power generation, class seven/eight truck, locomotive, aerospace and marine applications.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: FAIL
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: PASS
PRICE/CASH FLOW (P/CF) RATIO: PASS
PRICE/BOOK (P/B) VALUE: PASS
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: FAIL
PAYOUT RATIO: PASS
RETURN ON EQUITY: FAIL
PRE-TAX PROFIT MARGINS: FAIL
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: FAIL
Detailed Analysis of GENERAL MOTORS COMPANY
GM Guru Analysis
GM Fundamental Analysis
CAPRI HOLDINGS LTD (CPRI) is a mid-cap value stock in the Apparel/Accessories industry. The rating according to our strategy based on David Dreman is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Capri Holdings Limited is a holding company. The Company owns brands that are designers, marketers, distributors and retailers of branded women's and men's accessories, footwear and ready-to-wear bearing the Versace, Jimmy Choo and Michael Kors tradenames and related trademarks and logos. It operates in three reportable segments: Versace, Jimmy Choo and Michael Kors. Versace segment is engaged in the sale of Versace products through retail stores (including concessions) and e-commerce sites, through wholesale doors (including multi-brand stores). Jimmy Choo segment is engaged in the sale of Jimmy Choo products through retail stores (including concessions) and e-commerce sites, through wholesale doors (including multi-brand stores). Michael Kors segment is engaged in the sale of Michael Kors products through retail stores (including concessions) and e-commerce sites, through wholesale doors. It sells its products through three channels of distribution: retail, wholesale and licensing.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: FAIL
PRICE/CASH FLOW (P/CF) RATIO: FAIL
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: FAIL
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: PASS
Detailed Analysis of CAPRI HOLDINGS LTD
CPRI Guru Analysis
CPRI Fundamental Analysis
CURTISS-WRIGHT CORP. (CW) is a mid-cap growth stock in the Auto & Truck Parts industry. The rating according to our strategy based on David Dreman is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Curtiss-Wright Corporation is a global integrated business that provides engineered products, solutions, and services mainly to aerospace and defense markets, as well as critical technologies in commercial power, process, and industrial markets. The Company's segments include Aerospace & Industrial segment, which is comprised of businesses that provide a diversified offering of engineered products and services supporting critical applications primarily across the commercial aerospace and general industrial markets; Defense Electronics segment is comprised of businesses that primarily provide products to the defense markets and to a lesser extent the commercial aerospace market, and Naval & Power segment is comprised of businesses that provide products to the naval defense market and to a lesser extent the power & process markets. It also provides Plasma Electrolytic Oxidation (PEO) surface treatment applications offering corrosion protection, wear resistance and electrical insulation.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: FAIL
PRICE/CASH FLOW (P/CF) RATIO: FAIL
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: FAIL
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: PASS
Detailed Analysis of CURTISS-WRIGHT CORP.
CW Guru Analysis
CW Fundamental Analysis
ETHAN ALLEN INTERIORS INC (ETD) is a small-cap value stock in the Furniture & Fixtures industry. The rating according to our strategy based on David Dreman is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Ethan Allen Interiors Inc. is an interior design company, which operates as a manufacturer and retailer in the home furnishings marketplace. The Company provides complimentary interior design services to its clients and sells a range of home furnishing products through a retail network of design centers located throughout the United States and abroad, as well as online at ethanallen.com. The Company has two reportable segments: Wholesale and Retail. The Wholesale segment is principally involved in the development of the Ethan Allen brand and encompasses all aspects of design, manufacturing, sourcing, marketing, sale, and distribution of its range of home furnishings and accents. The Retail segment sells home furnishings and accents to clients through a network of Company-operated design centers. The Company operates approximately 139 retail design centers with 135 located in the United States and four in Canada.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: FAIL
EARNINGS TREND: FAIL
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: FAIL
P/E RATIO: PASS
PRICE/CASH FLOW (P/CF) RATIO: FAIL
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: PASS
LOOK AT THE TOTAL DEBT/EQUITY: PASS
Detailed Analysis of ETHAN ALLEN INTERIORS INC
ETD Guru Analysis
ETD Fundamental Analysis
FOX FACTORY HOLDING CORP (FOXF) is a mid-cap growth stock in the Auto & Truck Parts industry. The rating according to our strategy based on David Dreman is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Fox Factory Holding Corp. designs, engineers, manufactures and markets performance-defining products and systems for customers worldwide. The Company's performance-defining products and systems are used primarily on bicycles, side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles (ATVs), snowmobiles, specialty vehicles and applications, motorcycles and commercial trucks. Its products include 32, 34 and 36 Factory Series FLOAT FIT4, which reduces overall fork weight, provides external adjustability with its fourth-generation FOX Isolated Technology closed-cartridge damper, and includes the self-adjusting negative chamber air spring for quieter operation and ease of adjustment. X2 technology is used in its Factory Series FLOAT and DH rear shocks, which allows the rider to independently tune high- and low-speed compression and high- and low-speed rebound. Its brands include FOX, FOX RACING SHOX and RACE FACE.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: FAIL
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: FAIL
PRICE/CASH FLOW (P/CF) RATIO: FAIL
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: PASS
Detailed Analysis of FOX FACTORY HOLDING CORP
FOXF Guru Analysis
FOXF Fundamental Analysis
HAVERTY FURNITURE COMPANIES, INC. (HVT) is a small-cap value stock in the Furniture & Fixtures industry. The rating according to our strategy based on David Dreman is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Haverty Furniture Companies, Inc. is a specialty retailer of residential furniture and accessories. The Company offers products under various categories including living rooms, bedrooms, dining rooms, home offices, mattresses, decor, rugs and outdoor. Its mattress product lines include Tempur-Pedic, Serta, Sealy, and Stearns and Foster. Its customers include women in middle to upper-to-middle-income households. It operates approximately 122 stores in 16 states in the Southern and Midwest regions providing its customers with a range of merchandise in the middle to upper-middle price ranges. Its retail locations are operated using the Havertys name. It also has an online platform through which its customers can make purchases. It also offers financing through third-party finance companies as well as an internal revolving charge credit plan. Its stores are located in areas, including Florida, Texas, Georgia, North Carolina, Virginia, South Carolina, Alabama, Tennessee and Maryland.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: FAIL
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: FAIL
P/E RATIO: PASS
PRICE/CASH FLOW (P/CF) RATIO: FAIL
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: PASS
Detailed Analysis of HAVERTY FURNITURE COMPANIES, INC.
HVT Guru Analysis
HVT Fundamental Analysis
ILLINOIS TOOL WORKS INC. (ITW) is a large-cap growth stock in the Auto & Truck Parts industry. The rating according to our strategy based on David Dreman is 57% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Illinois Tool Works Inc. is a manufacturer of industrial products and equipment. The Company's segments include Automotive OEM, Test & Measurement and Electronics, Welding, Construction Products, and Specialty Products. The Automotive OEM segment produces components and fasteners. The Test & Measurement and Electronics segment produce equipment, consumables, and related software for testing and measuring materials and structures, as well as equipment and consumables used in the production of electronic subassemblies and microelectronics. The Welding segment produces arc welding equipment, consumables and accessories for a wide array of industrial and commercial applications. Construction Products segment supplies engineered fastening systems and solutions. The Company's Specialty Products segment produces beverage packaging equipment and consumables product coding and marking equipment and consumables, and appliance components and fasteners.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: FAIL
P/E RATIO: FAIL
PRICE/CASH FLOW (P/CF) RATIO: FAIL
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: FAIL
Detailed Analysis of ILLINOIS TOOL WORKS INC.
ITW Guru Analysis
ITW Fundamental Analysis
David Dreman Portfolio
About David Dreman: Dreman's Kemper-Dreman High Return Fund was one of the best-performing mutual funds ever, ranking as the best of 255 funds in its peer groups from 1988 to 1998, according to Lipper Analytical Services. At the time Dreman published Contrarian Investment Strategies: The Next Generation, the fund had been ranked number one in more time periods than any of the 3,175 funds in Lipper's database. In addition to managing money, Dreman is also a longtime Forbes magazine columnist.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC ALSN Guru Analysis ALSN Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis GENERAL MOTORS COMPANY (GM) is a large-cap value stock in the Auto & Truck Manufacturers industry.
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Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC ALSN Guru Analysis ALSN Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis GENERAL MOTORS COMPANY (GM) is a large-cap value stock in the Auto & Truck Manufacturers industry.
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Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis GENERAL MOTORS COMPANY (GM) is a large-cap value stock in the Auto & Truck Manufacturers industry. Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC ALSN Guru Analysis ALSN Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities.
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Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC ALSN Guru Analysis ALSN Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis GENERAL MOTORS COMPANY (GM) is a large-cap value stock in the Auto & Truck Manufacturers industry.
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2023-02-26 00:00:00 UTC
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Validea's Top Ten Consumer Cyclical Stocks Based On Benjamin Graham - 2/26/2023
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DECK
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https://www.nasdaq.com/articles/valideas-top-ten-consumer-cyclical-stocks-based-on-benjamin-graham-2-26-2023
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The following are the top rated Consumer Cyclical stocks according to Validea's Value Investor model based on the published strategy of Benjamin Graham. This deep value methodology screens for stocks that have low P/B and P/E ratios, along with low debt and solid long-term earnings growth.
G-III APPAREL GROUP, LTD. (GIII) is a small-cap value stock in the Apparel/Accessories industry. The rating according to our strategy based on Benjamin Graham is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: G-III Apparel Group, Ltd. designs, sources, and markets a range of apparel, including outerwear, dresses, sportswear, swimwear, women's suits, and women's performance wear, as well as women's handbags, footwear, small leather goods, cold weather accessories and luggage. The Company's segments include wholesale operations and retail operations. The wholesale operations segment includes sales of products to retailers under-owned, licensed, and private label brands, as well as sales related to the Vilebrequin business. The retail operations segment consists of direct sales to consumers through its Company-operated stores and through digital channels. It consists of its DKNY and Karl Lagerfeld Paris stores, as well as the digital channels for DKNY, Donna Karan, Karl Lagerfeld Paris, G.H. Bass, Andrew Marc and Wilsons Leather. Its digital business consists of its own Web platforms at www.dkny.com, www.donnakaran.com, www.ghbass.com, www.vilebrequin.com, and www.andrewmarc.com.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SECTOR: PASS
SALES: PASS
CURRENT RATIO: PASS
LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS
LONG-TERM EPS GROWTH: PASS
P/E RATIO: PASS
PRICE/BOOK RATIO: PASS
Detailed Analysis of G-III APPAREL GROUP, LTD.
GIII Guru Analysis
GIII Fundamental Analysis
STANDARD MOTOR PRODUCTS, INC. (SMP) is a small-cap value stock in the Auto & Truck Parts industry. The rating according to our strategy based on Benjamin Graham is 100% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Standard Motor Products, Inc. is a manufacturer and distributor of replacement parts utilized in the maintenance, repair and service of vehicles in the automotive aftermarket industry with focus on agriculture, heavy-duty and construction equipment. The Company operates through two segments: Engine Management and Temperature Control. The Engine Management segment manufactures and remanufactures ignition and emission parts, ignition wires, battery cables, fuel system parts and sensors for vehicle systems. The Temperature Control segment manufactures and remanufactures air conditioning compressors, air conditioning and heating parts, engine cooling system parts, power window accessories and windshield washer system parts. The Company sells its products primarily to automotive aftermarket retailers, warehouse distributors, original equipment manufacturers and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico and other Latin American countries.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SECTOR: PASS
SALES: PASS
CURRENT RATIO: PASS
LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS
LONG-TERM EPS GROWTH: PASS
P/E RATIO: PASS
PRICE/BOOK RATIO: PASS
Detailed Analysis of STANDARD MOTOR PRODUCTS, INC.
SMP Guru Analysis
SMP Fundamental Analysis
LA-Z-BOY INCORPORATED (LZB) is a small-cap value stock in the Furniture & Fixtures industry. The rating according to our strategy based on Benjamin Graham is 86% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: La-Z-Boy Incorporated is a producer of reclining chairs and the manufacturer/distributor of residential furniture in the United States. The Company's segments include the Wholesale segment, Retail segment, and Corporate and Other. The Wholesale segment consists of three brands: American Drew, Hammary, and Kincaid, which manufactures, and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas and imports casegoods (wood) furniture, such as occasional pieces, bedroom sets, dining room sets and entertainment centers. Its Retail segment consists of approximately 169 Company-owned La-Z-Boy Furniture Galleries stores. The Retail segment primarily sells upholstered furniture, in addition to some casegoods and other accessories, to the end consumer through these stores. Its Corporate and Other includes Joybird, an e-commerce retailer that manufactures upholstered furniture.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SECTOR: PASS
SALES: PASS
CURRENT RATIO: FAIL
LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS
LONG-TERM EPS GROWTH: PASS
P/E RATIO: PASS
PRICE/BOOK RATIO: PASS
Detailed Analysis of LA-Z-BOY INCORPORATED
LZB Guru Analysis
LZB Fundamental Analysis
MALIBU BOATS INC (MBUU) is a small-cap value stock in the Recreational Products industry. The rating according to our strategy based on Benjamin Graham is 86% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Malibu Boats, Inc. is a designer, manufacturer and marketer of a range of recreational powerboats including performance sport, sterndrive and outboard boats. The Company sells its boats under eight brands: Malibu, Axis, Pursuit, Maverick, Cobia, Pathfinder, Hewes and Cobalt. The Company operates through three segments: Malibu, Saltwater Fishing and Cobalt. The Company's Malibu segment includes manufacturing, distribution, marketing and sale of Malibu and Axis performance sports boats throughout the world. Its Saltwater Fishing segment is engaged in manufacturing, distribution, marketing and sale throughout the world of Pursuit boats and the Maverick Boat Group boats (Maverick, Cobia, Pathfinder and Hewes). Its Cobalt segment is engaged in manufacturing, distribution, marketing and sale of Cobalt boats throughout the world. The Company's product portfolio of brands is used for range of recreational boating activities including, among others, water sports such as water skiing.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SECTOR: PASS
SALES: PASS
CURRENT RATIO: PASS
LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS
LONG-TERM EPS GROWTH: PASS
P/E RATIO: PASS
PRICE/BOOK RATIO: FAIL
Detailed Analysis of MALIBU BOATS INC
MBUU Guru Analysis
MBUU Fundamental Analysis
ACUITY BRANDS INC (AYI) is a mid-cap growth stock in the Furniture & Fixtures industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Acuity Brands, Inc. is an industrial technology company. The company uses technology to solve problems in spaces and light. Its segments include Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG). ABL's portfolio of lighting solutions includes commercial, architectural, and specialty lighting in addition to lighting controls and components that can be combined to create integrated lighting control systems. It offers devices, such as luminaires that utilize light emitting diode (LED) technology designed to optimize energy efficiency and comfort for various indoor and outdoor applications. Lithonia Lighting, Holophane, Peerless, Gotham are its ABL brands. ISG offers a building management platform and location-aware applications. Its building management platform includes products for controlling heating, ventilation, and air conditioning (HVAC), lighting, shades, and building access that deliver end-to-end optimization of building systems.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SECTOR: PASS
SALES: PASS
CURRENT RATIO: PASS
LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS
LONG-TERM EPS GROWTH: PASS
P/E RATIO: FAIL
PRICE/BOOK RATIO: FAIL
Detailed Analysis of ACUITY BRANDS INC
AYI Guru Analysis
AYI Fundamental Analysis
A-MARK PRECIOUS METALS INC (AMRK) is a small-cap value stock in the Jewelry & Silverware industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: A-Mark Precious Metals, Inc. is a fully integrated precious metals platform. The Company offers gold, silver, platinum, palladium, and copper bullion, numismatic coins, and related products to wholesale and retail customers. The Company operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer and Secured Lending. The Company's Wholesale Sales & Ancillary Services segment operates as a full-service precious metals company. It offers gold, silver, platinum, and palladium in the form of bars, plates, powder, wafers, grain, ingots, and coins. Its Direct-to-Consumer segment operates through its wholly owned subsidiaries JM Bullion, Inc. (JMB) and Goldline, Inc. (Goldline). The Company operates Secured Lending segment through its wholly owned subsidiary, Collateral Finance Corporation, LLC (CFC).
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SECTOR: PASS
SALES: PASS
CURRENT RATIO: FAIL
LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS
LONG-TERM EPS GROWTH: FAIL
P/E RATIO: PASS
PRICE/BOOK RATIO: PASS
Detailed Analysis of A-MARK PRECIOUS METALS INC
AMRK Guru Analysis
AMRK Fundamental Analysis
ALBANY INTERNATIONAL CORP. (AIN) is a mid-cap growth stock in the Textiles - Non Apparel industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Albany International Corp. is an advanced textiles and materials processing company. It operates through two segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment supplies consumable permeable and impermeable belts used in the manufacture of paper, paperboard, tissue and towel, pulp, nonwovens, fiber cement and several other industrial applications. It designs, manufactures, and markets paper machine clothing for each section of the paper machine and for every grade of paper. It also supplies engineered processing belts used in the manufacturing process in the pulp, corrugator, nonwovens, fiber cement, building products, and textile industries. Its paper machine clothing products include forming, pressing, drying fabrics, and others. The AEC segment includes Albany Safran Composites, LLC, in which its customer SAFRAN Group owns interest, provides engineered, advanced composite structures to customers in the commercial and defense aerospace industries.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SECTOR: PASS
SALES: PASS
CURRENT RATIO: PASS
LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS
LONG-TERM EPS GROWTH: PASS
P/E RATIO: FAIL
PRICE/BOOK RATIO: FAIL
Detailed Analysis of ALBANY INTERNATIONAL CORP.
AIN Guru Analysis
AIN Fundamental Analysis
COLUMBIA SPORTSWEAR COMPANY (COLM) is a mid-cap growth stock in the Apparel/Accessories industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Columbia Sportswear Company is engaged in designing, sourcing, marketing, and distributing outdoor, active and everyday lifestyle apparel, footwear, accessories, and equipment products. The Company operates through four geographical segments: the United States (U.S.), Latin America and Asia Pacific (LAAP), Europe, Middle East and Africa (EMEA), and Canada. The Company's brands include Columbia, SOREL, Mountain Hard Wear and prAna. Columbia brand is known for authentic, high-value outdoor apparel, footwear, accessories and equipment products designed with function, and suited for all seasons, activities and locations. SOREL brand offers durable and design-driven footwear and accessories primarily to fashion-forward savvy women, as well as to men and youth consumers. Mountain Hard Wear brand offers apparel, accessories and equipment designed to meet the high-performance needs of climbing enthusiasts and to satisfy climbers' everyday lifestyles.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SECTOR: PASS
SALES: PASS
CURRENT RATIO: PASS
LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS
LONG-TERM EPS GROWTH: PASS
P/E RATIO: FAIL
PRICE/BOOK RATIO: FAIL
Detailed Analysis of COLUMBIA SPORTSWEAR COMPANY
COLM Guru Analysis
COLM Fundamental Analysis
DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Its segments include UGG brand, HOKA brand, Teva brand, Sanuk brand, Other brands and Direct-to-Consumer (DTC). UGG brand segment provides premium footwear, apparel and accessories with expanded product offerings. The HOKA brand segment's products include running, trail, hiking, fitness and lifestyle. Teva brand segment is engaged in a multi-category outdoor lifestyle brand offering a range of performance, casual and trail lifestyle products. Sanuk brand segment is engaged in lifestyle brand with a presence in the relaxed casual shoe and sandal categories. Other brands segment consist the Koolaburra brand, which is a casual footwear fashion line that uses plush materials. The segment primarily sells in the United States and Canada. DTC segment is comprised of its e-commerce websites and retail stores.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SECTOR: PASS
SALES: PASS
CURRENT RATIO: PASS
LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS
LONG-TERM EPS GROWTH: PASS
P/E RATIO: FAIL
PRICE/BOOK RATIO: FAIL
Detailed Analysis of DECKERS OUTDOOR CORP
DECK Guru Analysis
DECK Fundamental Analysis
FOX FACTORY HOLDING CORP (FOXF) is a mid-cap growth stock in the Auto & Truck Parts industry. The rating according to our strategy based on Benjamin Graham is 71% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Fox Factory Holding Corp. designs, engineers, manufactures and markets performance-defining products and systems for customers worldwide. The Company's performance-defining products and systems are used primarily on bicycles, side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles (ATVs), snowmobiles, specialty vehicles and applications, motorcycles and commercial trucks. Its products include 32, 34 and 36 Factory Series FLOAT FIT4, which reduces overall fork weight, provides external adjustability with its fourth-generation FOX Isolated Technology closed-cartridge damper, and includes the self-adjusting negative chamber air spring for quieter operation and ease of adjustment. X2 technology is used in its Factory Series FLOAT and DH rear shocks, which allows the rider to independently tune high- and low-speed compression and high- and low-speed rebound. Its brands include FOX, FOX RACING SHOX and RACE FACE.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SECTOR: PASS
SALES: PASS
CURRENT RATIO: PASS
LONG-TERM DEBT IN RELATION TO NET CURRENT ASSETS: PASS
LONG-TERM EPS GROWTH: PASS
P/E RATIO: FAIL
PRICE/BOOK RATIO: FAIL
Detailed Analysis of FOX FACTORY HOLDING CORP
FOXF Guru Analysis
FOXF Fundamental Analysis
Benjamin Graham Portfolio
Top Benjamin Graham Stocks
About Benjamin Graham: The late Benjamin Graham may be the oldest of the gurus we follow, but his impact on the investing world has lasted for decades after his death in 1976. Known as both the "Father of Value Investing" and the founder of the entire field of security analysis, Graham mentored several of history's greatest investors -- including Warren Buffett -- and inspired a slew of others, including John Templeton, Mario Gabelli, and another of Validea's gurus, John Neff. Graham built his fortune and reputation after living through some extremely difficult times, including both the Great Depression and his own family's financial woes following his father's death when Benjamin was a young man. His investment firm posted per annum returns of about 20 percent from 1936 to 1956, far outpacing the 12.2 percent average return for the market during that time.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Detailed Analysis of COLUMBIA SPORTSWEAR COMPANY COLM Guru Analysis COLM Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis FOX FACTORY HOLDING CORP (FOXF) is a mid-cap growth stock in the Auto & Truck Parts industry.
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Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis FOX FACTORY HOLDING CORP (FOXF) is a mid-cap growth stock in the Auto & Truck Parts industry. Detailed Analysis of COLUMBIA SPORTSWEAR COMPANY COLM Guru Analysis COLM Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities.
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Detailed Analysis of COLUMBIA SPORTSWEAR COMPANY COLM Guru Analysis COLM Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis FOX FACTORY HOLDING CORP (FOXF) is a mid-cap growth stock in the Auto & Truck Parts industry.
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Detailed Analysis of COLUMBIA SPORTSWEAR COMPANY COLM Guru Analysis COLM Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis FOX FACTORY HOLDING CORP (FOXF) is a mid-cap growth stock in the Auto & Truck Parts industry.
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2023-02-26 00:00:00 UTC
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Validea's Top Ten Consumer Cyclical Stocks Based On Martin Zweig - 2/26/2023
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DECK
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https://www.nasdaq.com/articles/valideas-top-ten-consumer-cyclical-stocks-based-on-martin-zweig-2-26-2023
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The following are the top rated Consumer Cyclical stocks according to Validea's Growth Investor model based on the published strategy of Martin Zweig. This strategy looks for growth stocks with persistent accelerating earnings and sales growth, reasonable valuations and low debt.
HILLENBRAND, INC. (HI) is a mid-cap growth stock in the Furniture & Fixtures industry. The rating according to our strategy based on Martin Zweig is 77% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Hillenbrand, Inc. is a global industrial company that provides engineered, mission-critical processing equipment and solutions. The Company's segments include Advanced Process Solutions, and Molding Technology Solutions. The Advanced Process Solutions segment is a global provider of compounding, extrusion, and material handling, screening and separating equipment and systems, and services. The segment is focused on engineered industrial processing solutions and aftermarket parts and services for a range of end markets and applications, including food, plastics, chemicals, and recycling. The Molding Technology Solutions segment is engaged in engineered and customized equipment and systems and services in plastic technology and processing. Its product portfolio includes injection molding and extrusion equipment and hot runner systems and process controller technology. The Company's portfolio includes brands, such as Coperion, Milacron Injection Molding & Extrusion, and Mold-Masters.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: PASS
SALES GROWTH RATE: PASS
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: FAIL
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
INSIDER TRANSACTIONS: PASS
Detailed Analysis of HILLENBRAND, INC.
HI Guru Analysis
HI Fundamental Analysis
ACUSHNET HOLDINGS CORP (GOLF) is a mid-cap growth stock in the Recreational Products industry. The rating according to our strategy based on Martin Zweig is 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Acushnet Holdings Corp. is engaged in the design, development, manufacture, and distribution of golf products. The Company's segments include Titleist golf balls, Titleist golf clubs, Titleist golf gear, and FootJoy golf wear. The Titleist golf balls segment is engaged in the design and manufacturing a golf ball. The Titleist golf clubs segment designs, assembles, and sells golf clubs (drivers, fairways, hybrids and irons) under the Titleist brand, wedges under the Vokey Design brand and putters under the Scotty Cameron brand. The Titleist golf gear segment includes golf bags, headwear, golf gloves, travel products, headcovers, and other golf accessories. The FootJoy golf wear segment includes golf shoes, gloves, and apparel. The Company's products include golf balls, golf clubs, wedges and putters, golf shoes, golf gloves, golf gear, and golf and ski outerwear and apparel. It designs, manufactures and markets a range of products under the Titleist, FootJoy, Club Glove and KJUS brands.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: PASS
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: FAIL
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: PASS
INSIDER TRANSACTIONS: PASS
Detailed Analysis of ACUSHNET HOLDINGS CORP
GOLF Guru Analysis
GOLF Fundamental Analysis
DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. The rating according to our strategy based on Martin Zweig is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Its segments include UGG brand, HOKA brand, Teva brand, Sanuk brand, Other brands and Direct-to-Consumer (DTC). UGG brand segment provides premium footwear, apparel and accessories with expanded product offerings. The HOKA brand segment's products include running, trail, hiking, fitness and lifestyle. Teva brand segment is engaged in a multi-category outdoor lifestyle brand offering a range of performance, casual and trail lifestyle products. Sanuk brand segment is engaged in lifestyle brand with a presence in the relaxed casual shoe and sandal categories. Other brands segment consist the Koolaburra brand, which is a casual footwear fashion line that uses plush materials. The segment primarily sells in the United States and Canada. DTC segment is comprised of its e-commerce websites and retail stores.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: FAIL
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: FAIL
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: FAIL
EARNINGS PERSISTENCE: PASS
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: PASS
INSIDER TRANSACTIONS: PASS
Detailed Analysis of DECKERS OUTDOOR CORP
DECK Guru Analysis
DECK Fundamental Analysis
O'REILLY AUTOMOTIVE INC (ORLY) is a large-cap growth stock in the Auto & Truck Parts industry. The rating according to our strategy based on Martin Zweig is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: O'Reilly Automotive, Inc. is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. The Company sells its products to both do-it-yourself (DIY) and professional service provider customers. Its product line includes new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting, oil and wiper blades, and accessories, such as floor mats, seat covers and truck accessories. The Company's stores offer various services and programs to its customers, such as battery diagnostic testing; battery, wiper and bulb replacement; custom hydraulic hoses; drum and rotor resurfacing; electrical and module testing; loaner tool program, and used oil, oil filter and battery recycling.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: PASS
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: FAIL
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: FAIL
EARNINGS PERSISTENCE: PASS
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
INSIDER TRANSACTIONS: PASS
Detailed Analysis of O'REILLY AUTOMOTIVE INC
ORLY Guru Analysis
ORLY Fundamental Analysis
SONY GROUP CORP (ADR) (SONY) is a large-cap growth stock in the Audio & Video Equipment industry. The rating according to our strategy based on Martin Zweig is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Sony Corporation is engaged in the development, design, production, manufacture and sale of various electronic equipment, instruments and devices for consumer, professional and industrial markets such as network services, game hardware and software, televisions, audio and video recorders and players, still and video cameras, mobile phones, and semiconductors. The Company engages in the development, production, manufacture, and distribution of recorded music and the management and licensing of the words and music of songs as well as the production and distribution of animation titles, including game applications based on animation titles. It also engages in motion pictures and television programming and television and digital networks business, and various financial services businesses. It includes Mobile Communications, Game & Network Services, Music, Films, Home Entertainment & Sound, Imaging Products & Solutions, Semiconductors, Financial Services and All Other segments.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: PASS
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: FAIL
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
INSIDER TRANSACTIONS: PASS
Detailed Analysis of SONY GROUP CORP (ADR)
SONY Guru Analysis
SONY Fundamental Analysis
WABASH NATIONAL CORPORATION (WNC) is a small-cap value stock in the Auto & Truck Manufacturers industry. The rating according to our strategy based on Martin Zweig is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Wabash National Corporation provides connected solutions for the transportation, logistics and distribution industries. It designs and manufactures a diverse range of products, including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade processing equipment. It operates through two segments: Transportation Solutions (TS) and Parts & Services (P&S). The TS segment comprises the design and manufacturing operations for the Company's transportation-related equipment and products. This includes dry & refrigerated van trailers, platform trailers, tank trailers & truck-mounted tanks, truck-mounted dry & refrigerated truck bodies, and EcoNex technology products. The P&S segment is comprised of aftermarket parts & services; Wabash Parts LLC; food, dairy, and beverage equipment; as well as the upfitting component of its truck bodies business.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: PASS
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: FAIL
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: PASS
INSIDER TRANSACTIONS: PASS
Detailed Analysis of WABASH NATIONAL CORPORATION
WNC Guru Analysis
WNC Fundamental Analysis
CURTISS-WRIGHT CORP. (CW) is a mid-cap growth stock in the Auto & Truck Parts industry. The rating according to our strategy based on Martin Zweig is 66% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Curtiss-Wright Corporation is a global integrated business that provides engineered products, solutions, and services mainly to aerospace and defense markets, as well as critical technologies in commercial power, process, and industrial markets. The Company's segments include Aerospace & Industrial segment, which is comprised of businesses that provide a diversified offering of engineered products and services supporting critical applications primarily across the commercial aerospace and general industrial markets; Defense Electronics segment is comprised of businesses that primarily provide products to the defense markets and to a lesser extent the commercial aerospace market, and Naval & Power segment is comprised of businesses that provide products to the naval defense market and to a lesser extent the power & process markets. It also provides Plasma Electrolytic Oxidation (PEO) surface treatment applications offering corrosion protection, wear resistance and electrical insulation.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: PASS
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: FAIL
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: FAIL
TOTAL DEBT/EQUITY RATIO: PASS
INSIDER TRANSACTIONS: PASS
Detailed Analysis of CURTISS-WRIGHT CORP.
CW Guru Analysis
CW Fundamental Analysis
FEDERAL SIGNAL CORP (FSS) is a mid-cap growth stock in the Auto & Truck Manufacturers industry. The rating according to our strategy based on Martin Zweig is 66% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Federal Signal Corporation designs, manufactures and supplies a suite of products and integrated solutions for municipal, governmental, industrial and commercial customers. The Company operates through two segments: the Environmental Solutions Group and the Safety and Security Systems Group. Its Environmental Solutions Group segment manufactures and supplies a range of street sweepers, sewer cleaners, industrial vacuum loaders, water blasting equipment, dump truck bodies, trailers and metal extraction support equipment. It also manufactures vehicles and equipment in the United States and Canada, which are sold under the Elgin, Vactor, Guzzler, Westech, Jetstream and Travis brand names. The Safety and Security Systems Group segment is a manufacturer and supplier of systems and products, including emergency medical services, campuses, military facilities and industrial sites use to protect people and property. Its products are sold under Federal Signal VAMA, and Victor brand names.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: PASS
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: FAIL
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: FAIL
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: PASS
INSIDER TRANSACTIONS: PASS
Detailed Analysis of FEDERAL SIGNAL CORP
FSS Guru Analysis
FSS Fundamental Analysis
LA-Z-BOY INCORPORATED (LZB) is a small-cap value stock in the Furniture & Fixtures industry. The rating according to our strategy based on Martin Zweig is 66% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: La-Z-Boy Incorporated is a producer of reclining chairs and the manufacturer/distributor of residential furniture in the United States. The Company's segments include the Wholesale segment, Retail segment, and Corporate and Other. The Wholesale segment consists of three brands: American Drew, Hammary, and Kincaid, which manufactures, and imports upholstered furniture, such as recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas and imports casegoods (wood) furniture, such as occasional pieces, bedroom sets, dining room sets and entertainment centers. Its Retail segment consists of approximately 169 Company-owned La-Z-Boy Furniture Galleries stores. The Retail segment primarily sells upholstered furniture, in addition to some casegoods and other accessories, to the end consumer through these stores. Its Corporate and Other includes Joybird, an e-commerce retailer that manufactures upholstered furniture.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: FAIL
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: FAIL
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: FAIL
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: PASS
TOTAL DEBT/EQUITY RATIO: PASS
INSIDER TRANSACTIONS: PASS
Detailed Analysis of LA-Z-BOY INCORPORATED
LZB Guru Analysis
LZB Fundamental Analysis
INTERFACE, INC. (TILE) is a small-cap value stock in the Textiles - Non Apparel industry. The rating according to our strategy based on Martin Zweig is 66% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Interface Inc. is a global flooring company. The Company is specialized in designing, production and selling of carbon neutral carpet tile and resilient flooring, including luxury vinyl tile (LVT), vinyl sheet, and nora rubber flooring. It markets its modular carpet under the brand names Interface and FLOR, and its market LVT under the brand Interface. The Company produces carpet tiles in a range of colors, patterns, textures, pile heights and densities. These varieties are designed to meet both the practical and aesthetic needs of commercial interiors. The Company offers a category of products, namely modular resilient flooring, and its product includes LVT. LVT shares many of the same attributes and benefits as carpet tile. It offers rubber flooring products under the noraplan and norament brands, which includes in the Company's resilient flooring portfolio. It sells its antimicrobial chemical compound and TacTiles carpet tile installation system.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E RATIO: PASS
REVENUE GROWTH IN RELATION TO EPS GROWTH: FAIL
SALES GROWTH RATE: FAIL
CURRENT QUARTER EARNINGS: PASS
QUARTERLY EARNINGS ONE YEAR AGO: PASS
POSITIVE EARNINGS GROWTH RATE FOR CURRENT QUARTER: PASS
EARNINGS GROWTH RATE FOR THE PAST SEVERAL QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN PRIOR 3 QUARTERS: PASS
EPS GROWTH FOR CURRENT QUARTER MUST BE GREATER THAN THE HISTORICAL GROWTH RATE: PASS
EARNINGS PERSISTENCE: FAIL
LONG-TERM EPS GROWTH: FAIL
TOTAL DEBT/EQUITY RATIO: FAIL
INSIDER TRANSACTIONS: PASS
Detailed Analysis of INTERFACE, INC.
TILE Guru Analysis
TILE Fundamental Analysis
Martin Zweig Portfolio
About Martin Zweig: During the 15 years that it was monitored, Zweig's stock recommendation newsletter returned an average of 15.9 percent per year, during which time it was ranked number one based on risk-adjusted returns by Hulbert Financial Digest. Zweig has managed both mutual and hedge funds during his career, and he's put the fortune he's compiled to some interesting uses. He has owned what Forbes reported was the most expensive apartment in New York, a $70 million penthouse that sits atop Manhattan's Pierre Hotel, and he is a collector of all sorts of pop culture and historical memorabilia -- among his purchases are the gun used by Clint Eastwood in "Dirty Harry", a stock certificate signed by Commodore Vanderbilt, and even two old-fashioned gas pumps similar to those he'd seen at a nearby gas station while growing up in Cleveland, according to published reports.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Detailed Analysis of ACUSHNET HOLDINGS CORP GOLF Guru Analysis GOLF Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis O'REILLY AUTOMOTIVE INC (ORLY) is a large-cap growth stock in the Auto & Truck Parts industry.
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Detailed Analysis of ACUSHNET HOLDINGS CORP GOLF Guru Analysis GOLF Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis O'REILLY AUTOMOTIVE INC (ORLY) is a large-cap growth stock in the Auto & Truck Parts industry.
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Detailed Analysis of ACUSHNET HOLDINGS CORP GOLF Guru Analysis GOLF Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis O'REILLY AUTOMOTIVE INC (ORLY) is a large-cap growth stock in the Auto & Truck Parts industry.
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Detailed Analysis of ACUSHNET HOLDINGS CORP GOLF Guru Analysis GOLF Fundamental Analysis DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP DECK Guru Analysis DECK Fundamental Analysis O'REILLY AUTOMOTIVE INC (ORLY) is a large-cap growth stock in the Auto & Truck Parts industry.
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39abe52e-51d1-4ba2-8f0f-e453d897bb3a
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723933.0
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2023-02-24 00:00:00 UTC
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Rent-A-Center (RCII) Q4 Earnings Top Estimates, Sales Decline
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DECK
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https://www.nasdaq.com/articles/rent-a-center-rcii-q4-earnings-top-estimates-sales-decline
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Rent-A-Center, Inc. RCII posted results for its fourth-quarter 2022, wherein the top line missed the Zacks Consensus Estimate, but the bottom line surpassed the same. The company’s revenues and earnings declined year over year.
The company also announced fiscal 2023 guidance, which was lower than analysts’ expectations.
Rent-A-Center also announced that it will be changing its corporate name to Upbound Group, Inc. The company will trade under the symbol UPBD. This name change will be incorporated on Feb 27.
Q4 in Detail
Rent-A-Center posted adjusted earnings of 86 cents a share, surpassing the Zacks Consensus Estimate of 75 cents. However, the bottom line decreased significantly from $1.08 earned in the year-ago quarter.
Total revenues of $990 million came below the Zacks Consensus Estimate of $996.8 million. The metric fell 15.4% year over year, mainly due to lower rental revenues in both the Acima and Rent-A-Center Business segments from lower lease portfolio values from the prior year period.
Adjusted EBITDA came in at $110.1 million, down 15.2% from the year-ago period’s level, mainly due to lower revenues and increased loss rates from the respective prior-year readings.
Adjusted EBITDA margin of 11.1% remained unchanged from the year-ago period. The company’s operating profit margin decreased to 3.1% from 4.3% year over year.
Rent-A-Center, Inc. Price, Consensus and EPS Surprise
Rent-A-Center, Inc. price-consensus-eps-surprise-chart | Rent-A-Center, Inc. Quote
Segmental Performance
Revenues at the Rent-A-Center Business Segment dipped 7.7% to $467.4 million due to the lower lease portfolio value yielding less rental and fee revenues. Same-store sales declined 8.1%. On a two-year stacked basis, same-store sales increased 2.3%. E-commerce accounted for 25% of the quarterly revenues compared with 24% in the prior-year period. At the end of the reported quarter, the segment’s lease portfolio value slipped 4.7% year over year. Segments adjusted EBITDA margin came in at 14.6% decreasing 470 basis points from prior year. The operating profit margin also decreased to 13.5% from 18.2% on a year-over-year basis. As of Dec 31, 2022, the Rent-A-Center Business segment had 1,851 company-operated locations.
Revenues at the Acima segment (formerly known as the Preferred Lease segment) declined 22.2% from the prior-year quarter’s level to $476.3 million, mainly due to a lower portfolio value yielding less rental and fees revenues. Also, gross merchandise volume declined 23.4% due to lower customer traffic at merchant partners generating fewer lease applications per store from the year-ago period’s level. Segments adjusted EBITDA margin increased to 15% from 9.6% in the year-ago period. Operating profit margin increased to 12% from 5.2% in the year-ago period.
Franchising revenues tumbled 19.5% to $30.3 million primarily due to lower inventory purchases per store. As of Dec 31, Rent-A-Center had 447 franchise-operated locations.
Mexico segment’s revenues totalled $16.4 million, up 0.2% on a constant-currency basis. As of Dec 31, the unit had 126 company-operated locations.
Other Financial Aspects
Rent-A-Center ended the reported quarter with cash and cash equivalents of $144.1 million, net senior debt of $930.9 million and a stockholders' equity of $525.1 million. RCII had an outstanding debt of $1.4 billion at the quarter end. RCII ended the quarter with $540 million of liquidity, including $396 million of undrawn revolving credit availability. The company had a cash flow from operation of $468 million and free cash flow totalled to $407 million.
In 2022, management returned $154.2 million of cash to its shareholders via dividends and share repurchases.
Outlook
Management issued guidance for 2023. For the year, management anticipates consolidated revenues of $3.8-$4 billion compared with $4.2 billion reported in 2022. Adjusted EBITDA is projected between $380 million and $415 million, down from $453.5 million reported last year.
Rent-A-Center envisions adjusted earnings in the range of $2.50 to $3.00 per share, sharply down from $3.70 reported in 2022. The company expects free cash flow in the band of $180 million to $215 million for 2023.
Shares of this Zacks Rank #4 (Sell) company have decreased 6.9% in the past six months compared with the industry’s fall of 10%.
Stocks to Consider
Here we highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR.
Costco sells high volumes of foods and general merchandise. The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
The Zacks Consensus Estimate for Costco’s current financial-year revenues and earnings per share (EPS) suggests growth of 7.3% and 8.6%, respectively, from the corresponding year-ago reported figures. COST has a trailing four-quarter earnings surprise of 3.7%, on average.
Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. DECK has a Zacks Rank #2 at present.
The Zacks Consensus Estimate for Deckers’ current financial-year sales and EPS suggests growth of 12% and 13.5%, respectively, from the year-ago corresponding figures. DECK has a trailing four-quarter earnings surprise of 31%, on average.
Kroger, which operates in the thin-margin grocery industry, carries a Zacks Rank of #2 at present. KR’s current financial-year revenues and EPS suggests growth of 7.5% and 12.2%, respectively.
The Zacks Consensus Estimate for Kroger’s current financial-year sales and EPS suggests growth of 7.5% and 12.2%, respectively, from the year-ago corresponding figures. KR gave an earnings surprise of 7.3% in the last reported quarter. KR has a trailing four-quarter earnings surprise of 13.4%, on average.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Rent-A-Center, Inc. (RCII) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
The Kroger Co. (KR) : Free Stock Analysis Report
Costco Wholesale Corporation (COST) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. Stocks to Consider Here we highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR. DECK has a Zacks Rank #2 at present.
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Click to get this free report Rent-A-Center, Inc. (RCII) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Here we highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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Click to get this free report Rent-A-Center, Inc. (RCII) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report The Kroger Co. (KR) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Here we highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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Stocks to Consider Here we highlighted three better-ranked stocks, namely Costco COST Deckers DECK and Kroger KR. Deckers is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. DECK has a Zacks Rank #2 at present.
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fa0bb499-3560-43b9-ab0f-02145e39b406
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723934.0
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2023-02-24 00:00:00 UTC
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These 4 Shoemakers Have More Kick Than Allbirds
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https://www.nasdaq.com/articles/these-4-shoemakers-have-more-kick-than-allbirds
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In the stock market, it’s not unusual to see one-time high-fliers tread the earth just like everyone else, and that’s exactly what’s happened with shoemaker Allbirds Inc. (NASDAQ: BIRD).
While Allbirds has some problems inherent with its business, shoe companies as a group have outperformed the broader market. Does that mean there are better investment opportunities for shoe aficionados?
Before kicking that question around, let’s untie what’s happening at Allbirds.
Allbirds has yet to notch a profit, although earnings have been growing at double-digit rates. But the stock is down an almost incredible 91% from its November 2021 high. Investors are frequently drawn by the lure of low-priced stocks, but is this a case of “you get what you pay for?”
Allbirds, which makes leisure shoes and other clothing using environmentally sustainable materials, went public on November 3 2021 at $15. The stock immediately took flight and rallied to a high of $32.44.
That’s as good as things ever got.
A look at its chart shows an unrelenting downtrend, albeit with a glimmer of hope in recent weeks.
The stock’s returns across rolling time frames are:
1 Month: +9.60%
3 Months: +1.11%
YTD: +13.22%
1-Year: -68.03%
Does this recent rally indicate there’s hope for the battered stock?
The company is slated to report fourth-quarter results on March 9, with Wall Street eyeing a loss of $0.12 per share on revenue of $96.92 million. That would be a wider loss than a year ago, and a small decrease on the revenue side.
The company may surprise to the upside, but those forecasts don’t suggest a stock that’s about to run its fastest race ever.
While the shoe industry may not be one that investors specifically target, there are plenty of opportunities there among some familiar names.
Crocs
Revenue growth for Crocs Inc. (NASDAQ: CROX) accelerated in the past three quarters. Earnings are up at double-digit rates, although they’ve slowed from triple-digit increases in 2021. The stock has been trending higher since July, and is currently finding support at its 50-day moving average, a sign that investors are supporting the share price at that level. Those are bullish technical indicators that could signal more strength ahead.
MarketBeat analyst data show a “moderate buy” rating on Crocs, with a price target of $138.29, an upside of 11.25%.
Deckers
Known for its comfortable (although some say ugly) Ugg boots, Deckers Outdoor Corp. (NYSE: DECK) is up 8.78% in the past three months. It’s in the process of forming a new base with a shallow correction. That pullback is normal, following a one-year rally of 40.95%, as investors take some profits.
In addition to Uggs, the company’s brands include Teva and Hoka.
Revenue has been slowing in the past three quarters but has reached a healthy 13% growth rate most recently. Wall Street expects 14% earnings growth this year, to $18.54 per share, and another 18% next year, to $21.85.
Skechers
Shares of Skechers U.S.A. Inc. (NYSE: SKX) gapped down on February 3 following its most recent quarterly report. The company issued full-year guidance that disappointed Wall Street, but as the news settled in, investors are supporting the stock near its 50-day moving average, a sign that the negative sentiment has abated for the moment.
Wall Street sees 20% earnings growth this year and 25% next year. That will mark a return to earnings growth after three-quarters of declining profitability.
Analysts have a “moderate buy” rating on Skechers, with a price target of $53.83, an upside of 21.68%.
Nike
Dow component Nike Inc. (NYSE: NKE) is by far the largest company in the shoe industry, with a market cap of $186 billion. The stock has been in rally mode since October, with a 46% return since its September 30 low.
As you might expect of such a large, mature company, Nike is a dividend payer. Its current yield is 1.13%, and it boasts a track record of increasing dividends for the past 21 years, nabbing it a spot on MarketBeat’s dividend achievers list.
Analysts have a “moderate buy” rating on Nike, and expect the price to rise more than 8% in the coming months, which is not a bad estimate for a company of this size.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Known for its comfortable (although some say ugly) Ugg boots, Deckers Outdoor Corp. (NYSE: DECK) is up 8.78% in the past three months. Investors are frequently drawn by the lure of low-priced stocks, but is this a case of “you get what you pay for?” Allbirds, which makes leisure shoes and other clothing using environmentally sustainable materials, went public on November 3 2021 at $15. The company issued full-year guidance that disappointed Wall Street, but as the news settled in, investors are supporting the stock near its 50-day moving average, a sign that the negative sentiment has abated for the moment.
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Deckers Known for its comfortable (although some say ugly) Ugg boots, Deckers Outdoor Corp. (NYSE: DECK) is up 8.78% in the past three months. The stock has been trending higher since July, and is currently finding support at its 50-day moving average, a sign that investors are supporting the share price at that level. MarketBeat analyst data show a “moderate buy” rating on Crocs, with a price target of $138.29, an upside of 11.25%.
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Deckers Known for its comfortable (although some say ugly) Ugg boots, Deckers Outdoor Corp. (NYSE: DECK) is up 8.78% in the past three months. Wall Street expects 14% earnings growth this year, to $18.54 per share, and another 18% next year, to $21.85. The company issued full-year guidance that disappointed Wall Street, but as the news settled in, investors are supporting the stock near its 50-day moving average, a sign that the negative sentiment has abated for the moment.
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Deckers Known for its comfortable (although some say ugly) Ugg boots, Deckers Outdoor Corp. (NYSE: DECK) is up 8.78% in the past three months. 1-Year: -68.03% Does this recent rally indicate there’s hope for the battered stock? Wall Street expects 14% earnings growth this year, to $18.54 per share, and another 18% next year, to $21.85.
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723935.0
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2023-02-22 00:00:00 UTC
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Deckers (DECK) Is Riding on Strong Direct-to-Consumer Business
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DECK
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https://www.nasdaq.com/articles/deckers-deck-is-riding-on-strong-direct-to-consumer-business
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Deckers Outdoor Corporation DECK, a recognized name in the shoe and retail apparels space, has outperformed the Industry in the past six months. HOKA ONE ONE and UGG brands have contributed toward Deckers’ upbeat performance, boosting the confidence of investors in the stock.
In the above-mentioned period, shares of this Zacks Rank #2 (Buy) company have rallied about 22.4%, compared with the industry’s 12.6% rise. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Let’s Delve Deeper
Deckers has made substantial investment to strengthen its online presence and improve shopping experience of its customers by constantly developing e-commerce portals. The company is targeting underpenetrated market with focus on product innovations, store expansion and enhancement of e-commerce capabilities to capture incremental sales directly from customers.
Evidently, the company’s main objective is to enhance its direct-to-consumer (DTC) business by moving toward its long-term goal of 50% mix of DTC business. In the third quarter of fiscal 2023, company’s direct-to-consumer net sales increased 18.7% and comparable DTC net sales increased 22.1% year over year. Taking a dig in the past, it is evident that direct-to-consumer net sales increased 35.3% and 15.4% in the second and first quarters, respectively. In the third quarter, DTC mix increased to 52% from 50%, achieving the highest mix in any quarter.
Image Source: Zacks Investment Research
Markedly, the company is progressing toward building HOKA ONE ONE into a multi-billion dollar player and UGG as a global lifestyle brand as they contribute a major part of company’s DTC business.
HOKA ONE ONE builds its consumer base through combining discipline marketing approach and disruptive product innovation. From a dollar growth prospective, the brand’s DTC volume more than doubled in the third quarter from its year ago period. HOKA ONE ONE net revenues increased 90.8% during the quarter under review. Management expects revenues to increase in low 50% range for the fiscal year 2023.
Coming to UGG, the brand delivered global gains in DTC across genders and categories demonstrating strong consumer demands in the third quarter. Although UGG’s DTC business was impacted by unfavorable foreign currency exchange rate, it increased 8% year over year.
Wrapping Up
Deckers has been strengthening omnichannel solutions, expanding its customer reach and focusing on diversified product offerings to gain market share in direct-to-consumer sales. Management expects net sales for fiscal 2023 in the range of $3.50 billion to $3.53 billion, major part of it contributed by the HOKA brand. It projects earnings in the band of $18.00-$18.50 per share, which suggests an increase from the earnings of $16.26 per share reported in year ago period.
3 Stocks Looking Red Hot
Here we have highlighted three better-ranked stocks, namely Urban Outfitters URBN, Arhaus ARHS and Albertsons Companies ACI.
Urban Outfitters, a leading lifestyle product and services company, currently carries a Zacks Rank #2 (Buy). The expected EPS growth rate for three to five years is 18%.
The Zacks Consensus Estimate for Urban Outfitters’ current financial-year revenues suggests growth of 5% from the year-ago reported figure.
Arhaus, which operates as a lifestyle brand and premium retailer in the home furnishing market, carries a Zacks Rank #2. The expected EPS growth rate for three to five years is 16.1%.
The Zacks Consensus Estimate for Arhaus’ current financial-year revenues and EPS suggests growth of 54% and 26.1%, respectively, from the year-ago reported figure. Arhaus has a trailing four-quarter earnings surprise of 112%, on average.
Albertsons Companies, which operates food and drug stores in the United States, carries a Zacks Rank #2. The expected EPS growth rate for three to five years is 5.4%.
The Zacks Consensus Estimate for Albertsons Companies’ current financial-year revenues and EPS suggests growth of 7.8% and 6.5%, respectively, from the year-ago reported figure. Albertsons Companies has a trailing four-quarter earnings surprise of 17.2%, on average.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Albertsons Companies, Inc. (ACI) : Free Stock Analysis Report
Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report
Arhaus, Inc. (ARHS) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Let’s Delve Deeper Deckers has made substantial investment to strengthen its online presence and improve shopping experience of its customers by constantly developing e-commerce portals. Wrapping Up Deckers has been strengthening omnichannel solutions, expanding its customer reach and focusing on diversified product offerings to gain market share in direct-to-consumer sales. Deckers Outdoor Corporation DECK, a recognized name in the shoe and retail apparels space, has outperformed the Industry in the past six months.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Albertsons Companies, Inc. (ACI) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report Arhaus, Inc. (ARHS) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation DECK, a recognized name in the shoe and retail apparels space, has outperformed the Industry in the past six months. HOKA ONE ONE and UGG brands have contributed toward Deckers’ upbeat performance, boosting the confidence of investors in the stock.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Albertsons Companies, Inc. (ACI) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report Arhaus, Inc. (ARHS) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation DECK, a recognized name in the shoe and retail apparels space, has outperformed the Industry in the past six months. HOKA ONE ONE and UGG brands have contributed toward Deckers’ upbeat performance, boosting the confidence of investors in the stock.
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Deckers Outdoor Corporation DECK, a recognized name in the shoe and retail apparels space, has outperformed the Industry in the past six months. HOKA ONE ONE and UGG brands have contributed toward Deckers’ upbeat performance, boosting the confidence of investors in the stock. Let’s Delve Deeper Deckers has made substantial investment to strengthen its online presence and improve shopping experience of its customers by constantly developing e-commerce portals.
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723936.0
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2023-02-21 00:00:00 UTC
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Zacks.com featured highlights include Stride Herc Holdings, Lincoln Electric Holdings and Deckers Outdoor
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https://www.nasdaq.com/articles/zacks.com-featured-highlights-include-stride-herc-holdings-lincoln-electric-holdings-and-0
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For Immediate Release
Chicago, IL – February 21, 2023 – Stocks in this week’s article are Stride, Inc. LRN, Herc Holdings Inc. HRI, Lincoln Electric Holdings, Inc. LECO and Deckers Outdoor Corp. DECK.
Buy These 4 Stocks with Attractive Coverage Ratios
We often judge a company on the basis of its sales and earnings. These, however, may not be enough. Sometimes, a stock gets a boost if these numbers climb year over year or surpass estimates in a particular quarter, thus offering a great opportunity for an investor with a shorter horizon to cash in on. But if you seek long-term returns, investments backed only by sales and earnings numbers may not yield the desired results.
A critical analysis of a company's financial background is a prerequisite for an informed investment decision. Here, coverage ratios that determine whether a company is sound enough to meet its financial obligations play a crucial role. The higher the ratio, the better. The focus of this article is on "Interest Coverage," which is one such ratio.
Interest Coverage Ratio = Earnings before Interest & Taxes (EBIT) divided by Interest Expense.
Why Interest Coverage Ratio?
The interest coverage ratio is used to determine how effectively a company can pay the interest charges on its debt.
Debt, which is crucial for most companies to finance operations, comes at a cost called interest. Interest expense has a direct bearing on the profitability of a company and its creditworthiness depends on how effectively it meets interest obligations. Therefore, Interest Coverage Ratio is one of the important criteria to factor in before making any investment decision.
The interest coverage ratio suggests the number of times the interest could be paid from earnings and gauges the margin of safety a firm carries for paying interest.
An interest coverage ratio lower than 1.0 implies that the company is unable to fulfill its interest obligations and could default on repaying debt. A company that is capable of generating earnings well above its interest expense can withstand financial hardships. Definitely, one should also track the company's past performance to determine whether the interest coverage ratio has improved or worsened over a period of time.
Stride, Inc., Herc Holdings Inc., Lincoln Electric Holdings, Inc. and Deckers Outdoor Corp. boast an impressive interest coverage ratio.
Here are four of the 18 stocks that qualified the screening:
Stride, a technology-based education company, sports a Zacks Rank #1 and has a VGM Score of A. The expected EPS growth rate for three-five years is 20%. You can see the complete list of today's Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Stride's current financial year sales suggests growth of 6.2% from the year-ago period. LRN delivered an earnings surprise of 11.2% in the last reported quarter. The stock has jumped 30.2% in the past year.
Herc Holdings, which operates as an equipment rental supplier in the United States and internationally, carries a Zacks Rank #1 and has a VGM Score of A. The expected EPS growth rate for three-five years is 15.2%.
The Zacks Consensus Estimate for Herc Holdings' current financial year sales and EPS suggests growth of 19.9% and 32.3%, respectively, from the year-ago period. HRI has declined 2.3% in the past year.
Lincoln Electric Holdings, which designs, develops, manufactures, and sells welding, cutting, and brazing products globally, carries a Zacks Rank #2 and has a VGM Score of B. Its expected EPS growth rate for three-five years is 15%.
The Zacks Consensus Estimate for Lincoln Electric Holdings' current financial year sales and EPS suggests growth of 16.2% and 32.2%, respectively, from the year-ago period. Lincoln Electric Holdings has a trailing four-quarter earnings surprise of 11.6%, on average. The stock has risen 37.4% in the past year.
Deckers, a global leader in designing, marketing, and distributing innovative footwear, apparel, carries a Zacks Rank #2 and has a VGM Score of A. The expected EPS growth rate for three-five years is 18.2%.
The Zacks Consensus Estimate for Deckers' current financial year sales and EPS suggests growth of 12% and 13.5%, respectively, from the year-ago period. DECK has a trailing four-quarter earnings surprise of 31%, on average. The stock has rallied 35.7% in the past year.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and backtest them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2055903/buy-these-4-stocks-with-attractive-interest-coverage-ratio
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
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Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com
Visit: https://www.zacks.com/
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
Just Released: Zacks Top 10 Stocks for 2023
In addition to the investment ideas discussed above, would you like to know about our 10 top picks for 2023?
From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Our Director of Research has now combed through 4,000 companies covered by the Zacks Rank and handpicked the best 10 tickers to buy and hold in 2023. Don’t miss your chance to still be among the first to get in on these just-released stocks.
See New Top 10 Stocks >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Lincoln Electric Holdings, Inc. (LECO) : Free Stock Analysis Report
Stride, Inc. (LRN) : Free Stock Analysis Report
Herc Holdings Inc. (HRI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL – February 21, 2023 – Stocks in this week’s article are Stride, Inc. LRN, Herc Holdings Inc. HRI, Lincoln Electric Holdings, Inc. LECO and Deckers Outdoor Corp. DECK. Stride, Inc., Herc Holdings Inc., Lincoln Electric Holdings, Inc. and Deckers Outdoor Corp. boast an impressive interest coverage ratio. Deckers, a global leader in designing, marketing, and distributing innovative footwear, apparel, carries a Zacks Rank #2 and has a VGM Score of A.
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For Immediate Release Chicago, IL – February 21, 2023 – Stocks in this week’s article are Stride, Inc. LRN, Herc Holdings Inc. HRI, Lincoln Electric Holdings, Inc. LECO and Deckers Outdoor Corp. DECK. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Lincoln Electric Holdings, Inc. (LECO) : Free Stock Analysis Report Stride, Inc. (LRN) : Free Stock Analysis Report Herc Holdings Inc. (HRI) : Free Stock Analysis Report To read this article on Zacks.com click here. Stride, Inc., Herc Holdings Inc., Lincoln Electric Holdings, Inc. and Deckers Outdoor Corp. boast an impressive interest coverage ratio.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Lincoln Electric Holdings, Inc. (LECO) : Free Stock Analysis Report Stride, Inc. (LRN) : Free Stock Analysis Report Herc Holdings Inc. (HRI) : Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL – February 21, 2023 – Stocks in this week’s article are Stride, Inc. LRN, Herc Holdings Inc. HRI, Lincoln Electric Holdings, Inc. LECO and Deckers Outdoor Corp. DECK. Stride, Inc., Herc Holdings Inc., Lincoln Electric Holdings, Inc. and Deckers Outdoor Corp. boast an impressive interest coverage ratio.
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For Immediate Release Chicago, IL – February 21, 2023 – Stocks in this week’s article are Stride, Inc. LRN, Herc Holdings Inc. HRI, Lincoln Electric Holdings, Inc. LECO and Deckers Outdoor Corp. DECK. Stride, Inc., Herc Holdings Inc., Lincoln Electric Holdings, Inc. and Deckers Outdoor Corp. boast an impressive interest coverage ratio. Deckers, a global leader in designing, marketing, and distributing innovative footwear, apparel, carries a Zacks Rank #2 and has a VGM Score of A.
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2023-02-21 00:00:00 UTC
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Zacks.com featured highlights include Stride Herc Holdings, Lincoln Electric Holdings and Deckers Outdoor
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https://www.nasdaq.com/articles/zacks.com-featured-highlights-include-stride-herc-holdings-lincoln-electric-holdings-and
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For Immediate Release
Chicago, IL – February 21, 2023 – Stocks in this week’s article are Stride, Inc. LRN, Herc Holdings Inc. HRI, Lincoln Electric Holdings, Inc. LECO and Deckers Outdoor Corp. DECK.
Buy These 4 Stocks with Attractive Coverage Ratios
We often judge a company on the basis of its sales and earnings. These, however, may not be enough. Sometimes, a stock gets a boost if these numbers climb year over year or surpass estimates in a particular quarter, thus offering a great opportunity for an investor with a shorter horizon to cash in on. But if you seek long-term returns, investments backed only by sales and earnings numbers may not yield the desired results.
A critical analysis of a company's financial background is a prerequisite for an informed investment decision. Here, coverage ratios that determine whether a company is sound enough to meet its financial obligations play a crucial role. The higher the ratio, the better. The focus of this article is on "Interest Coverage," which is one such ratio.
Interest Coverage Ratio = Earnings before Interest & Taxes (EBIT) divided by Interest Expense.
Why Interest Coverage Ratio?
The interest coverage ratio is used to determine how effectively a company can pay the interest charges on its debt.
Debt, which is crucial for most companies to finance operations, comes at a cost called interest. Interest expense has a direct bearing on the profitability of a company and its creditworthiness depends on how effectively it meets interest obligations. Therefore, Interest Coverage Ratio is one of the important criteria to factor in before making any investment decision.
The interest coverage ratio suggests the number of times the interest could be paid from earnings and gauges the margin of safety a firm carries for paying interest.
An interest coverage ratio lower than 1.0 implies that the company is unable to fulfill its interest obligations and could default on repaying debt. A company that is capable of generating earnings well above its interest expense can withstand financial hardships. Definitely, one should also track the company's past performance to determine whether the interest coverage ratio has improved or worsened over a period of time.
Stride, Inc., Herc Holdings Inc., Lincoln Electric Holdings, Inc. and Deckers Outdoor Corp. boast an impressive interest coverage ratio.
Here are four of the 18 stocks that qualified the screening:
Stride, a technology-based education company, sports a Zacks Rank #1 and has a VGM Score of A. The expected EPS growth rate for three-five years is 20%. You can see the complete list of today's Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Stride's current financial year sales suggests growth of 6.2% from the year-ago period. LRN delivered an earnings surprise of 11.2% in the last reported quarter. The stock has jumped 30.2% in the past year.
Herc Holdings, which operates as an equipment rental supplier in the United States and internationally, carries a Zacks Rank #1 and has a VGM Score of A. The expected EPS growth rate for three-five years is 15.2%.
The Zacks Consensus Estimate for Herc Holdings' current financial year sales and EPS suggests growth of 19.9% and 32.3%, respectively, from the year-ago period. HRI has declined 2.3% in the past year.
Lincoln Electric Holdings, which designs, develops, manufactures, and sells welding, cutting, and brazing products globally, carries a Zacks Rank #2 and has a VGM Score of B. Its expected EPS growth rate for three-five years is 15%.
The Zacks Consensus Estimate for Lincoln Electric Holdings' current financial year sales and EPS suggests growth of 16.2% and 32.2%, respectively, from the year-ago period. Lincoln Electric Holdings has a trailing four-quarter earnings surprise of 11.6%, on average. The stock has risen 37.4% in the past year.
Deckers, a global leader in designing, marketing, and distributing innovative footwear, apparel, carries a Zacks Rank #2 and has a VGM Score of A. The expected EPS growth rate for three-five years is 18.2%.
The Zacks Consensus Estimate for Deckers' current financial year sales and EPS suggests growth of 12% and 13.5%, respectively, from the year-ago period. DECK has a trailing four-quarter earnings surprise of 31%, on average. The stock has rallied 35.7% in the past year.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and backtest them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2055903/buy-these-4-stocks-with-attractive-interest-coverage-ratio
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
Follow us on Twitter: https://www.twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com
Visit: https://www.zacks.com/
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
Just Released: Zacks Top 10 Stocks for 2023
In addition to the investment ideas discussed above, would you like to know about our 10 top picks for 2023?
From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Our Director of Research has now combed through 4,000 companies covered by the Zacks Rank and handpicked the best 10 tickers to buy and hold in 2023. Don’t miss your chance to still be among the first to get in on these just-released stocks.
See New Top 10 Stocks >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Lincoln Electric Holdings, Inc. (LECO) : Free Stock Analysis Report
Stride, Inc. (LRN) : Free Stock Analysis Report
Herc Holdings Inc. (HRI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL – February 21, 2023 – Stocks in this week’s article are Stride, Inc. LRN, Herc Holdings Inc. HRI, Lincoln Electric Holdings, Inc. LECO and Deckers Outdoor Corp. DECK. Stride, Inc., Herc Holdings Inc., Lincoln Electric Holdings, Inc. and Deckers Outdoor Corp. boast an impressive interest coverage ratio. Deckers, a global leader in designing, marketing, and distributing innovative footwear, apparel, carries a Zacks Rank #2 and has a VGM Score of A.
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For Immediate Release Chicago, IL – February 21, 2023 – Stocks in this week’s article are Stride, Inc. LRN, Herc Holdings Inc. HRI, Lincoln Electric Holdings, Inc. LECO and Deckers Outdoor Corp. DECK. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Lincoln Electric Holdings, Inc. (LECO) : Free Stock Analysis Report Stride, Inc. (LRN) : Free Stock Analysis Report Herc Holdings Inc. (HRI) : Free Stock Analysis Report To read this article on Zacks.com click here. Stride, Inc., Herc Holdings Inc., Lincoln Electric Holdings, Inc. and Deckers Outdoor Corp. boast an impressive interest coverage ratio.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Lincoln Electric Holdings, Inc. (LECO) : Free Stock Analysis Report Stride, Inc. (LRN) : Free Stock Analysis Report Herc Holdings Inc. (HRI) : Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL – February 21, 2023 – Stocks in this week’s article are Stride, Inc. LRN, Herc Holdings Inc. HRI, Lincoln Electric Holdings, Inc. LECO and Deckers Outdoor Corp. DECK. Stride, Inc., Herc Holdings Inc., Lincoln Electric Holdings, Inc. and Deckers Outdoor Corp. boast an impressive interest coverage ratio.
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For Immediate Release Chicago, IL – February 21, 2023 – Stocks in this week’s article are Stride, Inc. LRN, Herc Holdings Inc. HRI, Lincoln Electric Holdings, Inc. LECO and Deckers Outdoor Corp. DECK. Stride, Inc., Herc Holdings Inc., Lincoln Electric Holdings, Inc. and Deckers Outdoor Corp. boast an impressive interest coverage ratio. Deckers, a global leader in designing, marketing, and distributing innovative footwear, apparel, carries a Zacks Rank #2 and has a VGM Score of A.
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2023-02-18 00:00:00 UTC
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3 Bear Market Buys That Could Rise 29% to 146%, According to Wall Street
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https://www.nasdaq.com/articles/3-bear-market-buys-that-could-rise-29-to-146-according-to-wall-street
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There's no better time to put your money to work than when stocks are in the tank. Pessimism over the economy can lead to significant undervaluation of the best businesses, and that means lucrative investing opportunities for patient investors.
After the sharp sell-off last year, the S&P 500 index has rebounded about 8% year to date, but there are still many top names that have significant upside, according to Wall Street analysts.
Three Motley Fool contributors found three stocks, where analysts have set price targets well above their current quote. Here's why Wayfair (NYSE: W), Deckers Outdoor (NYSE: DECK), and Warner Bros. Discovery (NASDAQ: WBD) could deliver great returns.
Wayfair stock: 146% upside
Jennifer Saibil (Wayfair): Wayfair stock lost 82% of its value in 2022, outdoing many plummeting stocks. However, it's up a whopping 53% so far in 2023, and a company turnaround is already happening.
Wayfair sales skyrocketed at the beginning of the pandemic. Shoppers focusing on home improvement while stuck indoors scooped up Wayfair's trendy and moderately priced furniture and home products, and the company posted a profit for the first time.
However, that changed drastically in the aftermath. Sales plunged, and net loss is back where it was before.
W Revenue (Quarterly) data by YCharts
However, the company's model is still intact, and the long-term opportunity looks compelling. It operates under several banners, such as Wayfair and Perigold, that range from midprice through luxury, giving it exposure to a large part of the population. It works through a dropship model, which means that it provides a platform for third-party sellers to feature their products.
For the most part, it does not need to hold inventory, and it only "buys" products when it records its own sale. However, many of its suppliers use Wayfair's delivery systems, giving it more control over the process. That should ultimately provide it with a way to become very profitable, although it took two steps back last year.
However, the steps it is taking to build relationships are bearing fruit. Despite the decline in customer count and revenue, active customers continue to engage. In the 2022 third quarter, average order value increased from $285 in 2021 to $325, and revenue per active customer increased 13% to $547 for the trailing 12 months.
In January, investors enthusiastically greeted the news that Wayfair would be cutting 10% of its workforce. That was an addition to a cost-reduction plan launched in August to save $1.4 billion annually and break even in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2023.
Wayfair stock trades at the incredibly low price-to-sales ratio of 0.4. Risk-averse investors may want to wait on Wayfair right now, but the likelihood of a comeback looks strong, and the long-term opportunity is exciting.
Deckers Outdoor stock: 29% upside
Jeremy Bowman (Deckers): Deckers, the diversified footwear company, may be best known for Uggs, the sheepskin boots that were all the rage a decade ago, but lately there's another shoe that's been driving the company's performance: its Hoka running sneakers.
The success of Hoka has helped make Deckers a big winner on the market over the last year during a tough period for consumer discretionary stocks, as shares of the footwear maker have nearly doubled from their lows last spring.
In its most recent earnings report, sales of Hokas nearly doubled, jumping 90.8% to $352.1 million, which could portend further growth for the running shoe. Hoka still trails Ugg as the company's biggest brand, but that could change if the current momentum continues, and Wall Street seems to be taking notice.
UBS analyst Jay Sole raised his price target on the stock from $530 to $540 following the company's recent earnings report, calling Hoka "one of the fastest-growing footwear brands in the world." Sole suggested that the stock was undervalued, given its ability to gain market share during a difficult macro environment.
Sole's price target implies a 29% upside in the stock, and given Deckers' momentum since the spring, the stock seems like a good bet to get there, especially given the buzz around Hoka, which is penetrating a large addressable market in running and casual/comfort sneakers.
The company just reported its fiscal third quarter and raised its guidance for the fiscal year to call for 11% to 12% revenue growth. If it can maintain that momentum into fiscal 2024, the stock should continue to be a winner.
Warner Bros. Discovery stock: 40% upside
John Ballard (Warner Bros. Discovery): Streaming has come a long way over the last decade, but top media companies still have a lot of work to do to catch Netflix.
One stock to keep an eye on is Warner Bros. Discovery. This top media stock fell hard last year with the broader market, but investors shouldn't discount the growth potential of the iconic film studio. Bank of America analyst Jessica Reif has a buy rating on the stock with a $21 price target, representing 40% upside from the current share price.
The company has an attractive collection of media properties that the market is underestimating at these low share prices. The company was created from the merger of AT&T's WarnerMedia and Discovery in April 2022, which brought together several top cable networks, in addition to HBO and Warner Bros. Pictures, all under one corporate roof.
The stock is down mostly due to uncertainty around the near-term advertising market, as well as the slowing growth in streaming coming out of the pandemic. These headwinds have weighed heavily on the company's revenue growth, which fell 5% year over year on an adjusted basis in the third quarter.
Management is implementing a plan to realize at least $3.5 billion in synergies beyond 2024. This should significantly improve earnings and free cash flow. This is why Bank of America calls Warner Bros. the "best value in media."
The direct-to-consumer business added 2.8 million subscribers last quarter, bringing the total to nearly 95 million. There's growing demand for streaming, and Warner Bros. has the content to create long-term value for shareholders.
With the stock currently trading around 12 times management's 2022 free cash flow guidance, investors are getting a steal.
10 stocks we like better than Wayfair
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They just revealed what they believe are the ten best stocks for investors to buy right now... and Wayfair wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of February 8, 2023
Bank of America is an advertising partner of The Ascent, a Motley Fool company. Jennifer Saibil has no position in any of the stocks mentioned. Jeremy Bowman has positions in Netflix. John Ballard has positions in Netflix. The Motley Fool has positions in and recommends Bank of America, Netflix, and Warner Bros. Discovery. The Motley Fool recommends Wayfair. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The success of Hoka has helped make Deckers a big winner on the market over the last year during a tough period for consumer discretionary stocks, as shares of the footwear maker have nearly doubled from their lows last spring. Here's why Wayfair (NYSE: W), Deckers Outdoor (NYSE: DECK), and Warner Bros. Deckers Outdoor stock: 29% upside Jeremy Bowman (Deckers): Deckers, the diversified footwear company, may be best known for Uggs, the sheepskin boots that were all the rage a decade ago, but lately there's another shoe that's been driving the company's performance: its Hoka running sneakers.
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Deckers Outdoor stock: 29% upside Jeremy Bowman (Deckers): Deckers, the diversified footwear company, may be best known for Uggs, the sheepskin boots that were all the rage a decade ago, but lately there's another shoe that's been driving the company's performance: its Hoka running sneakers. Here's why Wayfair (NYSE: W), Deckers Outdoor (NYSE: DECK), and Warner Bros. The success of Hoka has helped make Deckers a big winner on the market over the last year during a tough period for consumer discretionary stocks, as shares of the footwear maker have nearly doubled from their lows last spring.
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Deckers Outdoor stock: 29% upside Jeremy Bowman (Deckers): Deckers, the diversified footwear company, may be best known for Uggs, the sheepskin boots that were all the rage a decade ago, but lately there's another shoe that's been driving the company's performance: its Hoka running sneakers. Here's why Wayfair (NYSE: W), Deckers Outdoor (NYSE: DECK), and Warner Bros. The success of Hoka has helped make Deckers a big winner on the market over the last year during a tough period for consumer discretionary stocks, as shares of the footwear maker have nearly doubled from their lows last spring.
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Here's why Wayfair (NYSE: W), Deckers Outdoor (NYSE: DECK), and Warner Bros. Deckers Outdoor stock: 29% upside Jeremy Bowman (Deckers): Deckers, the diversified footwear company, may be best known for Uggs, the sheepskin boots that were all the rage a decade ago, but lately there's another shoe that's been driving the company's performance: its Hoka running sneakers. The success of Hoka has helped make Deckers a big winner on the market over the last year during a tough period for consumer discretionary stocks, as shares of the footwear maker have nearly doubled from their lows last spring.
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2023-02-17 00:00:00 UTC
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Crocs (CROX) Q4 Earnings & Revenues Beat on Solid Demand
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https://www.nasdaq.com/articles/crocs-crox-q4-earnings-revenues-beat-on-solid-demand
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Shares of Crocs, Inc. CROX rose more than 4% following an impressive performance in fourth-quarter 2022. The top and bottom lines not only surpassed the Zacks Consensus Estimate but also improved year over year. Solid consumer demand in the Crocs and HEYDUDE brands, as well as strength in clogs, sandals and Jibbitz categories, contributed to the quarterly results.
Driven by the solid quarterly results, the Zacks Rank #2 (Buy) stock has gained 33.4% in the past three months compared with the industry’s growth of 1.2%.
Q4 in Detail
Crocs’ adjusted earnings were $2.65 per share, surpassing the Zacks Consensus Estimate of $2.18 and our estimate of $2.11. The figure also advanced 23.3% from earnings of $2.15 in the year-ago period.
Image Source: Zacks Investment Research
Revenues advanced 61.1% (or 64.8% on a constant-currency basis) year over year to $945.2 million in the reported quarter and beat the Zacks Consensus Estimate of $938 million and our estimate of $935.6 million. The top line witnessed growth across all regions and channels.
Direct-to-consumer revenues rose 61.2% year over year to $515 million, while Wholesale revenues surged 61.1% to $430.2 million in the quarter under review.
The Crocs brand’s revenues grew 13.5% year over year to $666 million and surpassed our estimate of $664.7 million. The HEYDUDE brand’s revenues advanced 37% year over year to $279.2 million, lagging our estimate of $270.9 million.
Total revenues in the Americas were up 0.3% to $456.9 million. This came ahead of our estimate of $395.6 million. Revenues in the Asia Pacific amounted to $90.7 million and surpassed our estimate of $126.9 million, reflecting a year-over-year increase of 59%. The EMEA region witnessed revenue growth of 60.3% to $118.3 million and beat our estimate of $142.2 million.
The adjusted gross profit rose 35% to $503.8 million. However, the adjusted gross margin contracted 1040 basis points (bps) to 53.3% due to the addition of HEYDUDE. This excludes $7.5 million of costs related to expansion and duplicate rent costs for its distribution centers.
Meanwhile, adjusted SG&A expenses, as a percentage of revenues, contracted 780 bps to 27.3%. This excludes $18.2 million of costs related to the shutdown of the Russia direct operations, and the HEYDUDE acquisition and integration.
Adjusted operating income grew 46.3% year over year to $245.8 million. The adjusted operating margin contracted 260 bps to 26% from the prior-year quarter’s 28.6%.
Financial Details
The company ended the quarter with cash and cash equivalents of $191.6 million, long-term borrowings of $2,298 million, and stockholders’ equity of $817.9 million. It also repaid $300 million Term Loan B facility. The company’s liquidity position remains strong, with $755.8 million in available borrowing capacity.
Management incurred a capital expenditure of $104.2 million in 2022. The company anticipates a capital expenditure of $165-$180 million in 2023 related to the expansion of its distribution capabilities, including the new HEYDUDE distribution center in Las Vegas, the implementation of new technology systems for HEYDUDE and the expansion of its corporate facilities to support growth.
Crocs, Inc. Price, Consensus and EPS Surprise
Crocs, Inc. price-consensus-eps-surprise-chart | Crocs, Inc. Quote
Outlook
Management issued its guidance for 2023, driven by strength in sandals and international for the Crocs Brand and increased US market penetration for HEYDUDE. For 2023, revenues are anticipated to grow 10-13% to $3.9-$4 billion. Adjusted earnings are envisioned to be $11-$11.31, with an adjusted operating margin of 26%. The adjusted tax rate is likely to be 20%.
For first-quarter 2023, revenues are expected to be 27-30% to $660.1 million. Adjusted earnings are forecast to be $2.06-$2.19 and the adjusted operating margin is likely to be 24-25%.
Other Stocks to Consider
Some other top-ranked companies are Ralph Lauren RL, Oxford Industries OXM and Deckers Outdoor DECK.
Ralph Lauren, a footwear and accessories dealer, has a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Ralph Lauren’s next-financial-year sales and EPS suggests growth of 5% and 12.8%, respectively, from the year-ago reported figures. RL has a trailing four-quarter earnings surprise of 23.6%, on average.
Oxford Industries currently carries a Zacks Rank #2. The company has a trailing four-quarter earnings surprise of 18.9%, on average.
The Zacks Consensus Estimate for Oxford Industries’ current financial-year sales and earnings suggests growth of 23.1% and 34.2% from the year-ago period’s reported numbers, respectively.
Deckers Outdoor currently carries a Zacks Rank #2. The company has a trailing four-quarter earnings surprise of 31%, on average.
The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and earnings suggests growth of 12% and 13.5% from the year-ago period’s reported numbers, respectively.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Ralph Lauren Corporation (RL) : Free Stock Analysis Report
Crocs, Inc. (CROX) : Free Stock Analysis Report
Oxford Industries, Inc. (OXM) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and earnings suggests growth of 12% and 13.5% from the year-ago period’s reported numbers, respectively. Other Stocks to Consider Some other top-ranked companies are Ralph Lauren RL, Oxford Industries OXM and Deckers Outdoor DECK. Deckers Outdoor currently carries a Zacks Rank #2.
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The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and earnings suggests growth of 12% and 13.5% from the year-ago period’s reported numbers, respectively. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Some other top-ranked companies are Ralph Lauren RL, Oxford Industries OXM and Deckers Outdoor DECK.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report To read this article on Zacks.com click here. Other Stocks to Consider Some other top-ranked companies are Ralph Lauren RL, Oxford Industries OXM and Deckers Outdoor DECK. Deckers Outdoor currently carries a Zacks Rank #2.
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Other Stocks to Consider Some other top-ranked companies are Ralph Lauren RL, Oxford Industries OXM and Deckers Outdoor DECK. Deckers Outdoor currently carries a Zacks Rank #2. The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and earnings suggests growth of 12% and 13.5% from the year-ago period’s reported numbers, respectively.
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723940.0
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2023-02-15 00:00:00 UTC
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Is Deckers (DECK) a Solid Growth Stock? 3 Reasons to Think "Yes"
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DECK
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https://www.nasdaq.com/articles/is-deckers-deck-a-solid-growth-stock-3-reasons-to-think-yes
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nan
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nan
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Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.
That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.
However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.
Our proprietary system currently recommends Deckers (DECK) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.
Research shows that stocks carrying the best growth features consistently beat the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.
While there are numerous reasons why the stock of this maker of Ugg footwear is a great growth pick right now, we have highlighted three of the most important factors below:
Earnings Growth
Arguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. And for growth investors, double-digit earnings growth is definitely preferable, and often an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Deckers is 26.1%, investors should actually focus on the projected growth. The company's EPS is expected to grow 13.5% this year, crushing the industry average, which calls for EPS growth of 10%.
Impressive Asset Utilization Ratio
Asset utilization ratio -- also known as sales-to-total-assets (S/TA) ratio -- is often overlooked by investors, but it is an important indicator in growth investing. This metric shows how efficiently a firm is utilizing its assets to generate sales.
Right now, Deckers has an S/TA ratio of 1.41, which means that the company gets $1.41 in sales for each dollar in assets. Comparing this to the industry average of 1.25, it can be said that the company is more efficient.
In addition to efficiency in generating sales, sales growth plays an important role. And Deckers looks attractive from a sales growth perspective as well. The company's sales are expected to grow 12.4% this year versus the industry average of 4.6%.
Promising Earnings Estimate Revisions
Beyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for Deckers. The Zacks Consensus Estimate for the current year has surged 1.8% over the past month.
Bottom Line
Deckers has not only earned a Growth Score of A based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination positions Deckers well for outperformance, so growth investors may want to bet on it.
Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry
Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation.
>>Send me my free report on the top 5 EV stocks
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Our proprietary system currently recommends Deckers (DECK) as one such stock. While the historical EPS growth rate for Deckers is 26.1%, investors should actually focus on the projected growth. Right now, Deckers has an S/TA ratio of 1.41, which means that the company gets $1.41 in sales for each dollar in assets.
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Our proprietary system currently recommends Deckers (DECK) as one such stock. While the historical EPS growth rate for Deckers is 26.1%, investors should actually focus on the projected growth. Right now, Deckers has an S/TA ratio of 1.41, which means that the company gets $1.41 in sales for each dollar in assets.
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Our proprietary system currently recommends Deckers (DECK) as one such stock. While the historical EPS growth rate for Deckers is 26.1%, investors should actually focus on the projected growth. Right now, Deckers has an S/TA ratio of 1.41, which means that the company gets $1.41 in sales for each dollar in assets.
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Bottom Line Deckers has not only earned a Growth Score of A based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions. Our proprietary system currently recommends Deckers (DECK) as one such stock. While the historical EPS growth rate for Deckers is 26.1%, investors should actually focus on the projected growth.
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723941.0
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2023-02-13 00:00:00 UTC
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Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio
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DECK
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https://www.nasdaq.com/articles/why-this-1-growth-stock-could-be-a-great-addition-to-your-portfolio-186
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nan
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nan
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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores?
The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value Score
For value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth Score
Growth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum Score
Momentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM Score
If you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank
A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +25.41% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Deckers (DECK)
Founded in 1973 and headquartered in Goleta, California, Deckers Outdoor Corporation is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. The company sell products primarily under five proprietary brands — UGG, HOKA, Teva, Sanuk, and Koolaburra.
DECK is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. DECK has a Growth Style Score of A, forecasting year-over-year earnings growth of 13.5% for the current fiscal year.
For fiscal 2023, eight analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.34 to $18.45 per share. DECK boasts an average earnings surprise of 31%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, DECK should be on investors' short list.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stock to Watch: Deckers (DECK) Founded in 1973 and headquartered in Goleta, California, Deckers Outdoor Corporation is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. DECK is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. DECK has a Growth Style Score of A, forecasting year-over-year earnings growth of 13.5% for the current fiscal year.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report To read this article on Zacks.com click here. Stock to Watch: Deckers (DECK) Founded in 1973 and headquartered in Goleta, California, Deckers Outdoor Corporation is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. DECK is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors.
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Stock to Watch: Deckers (DECK) Founded in 1973 and headquartered in Goleta, California, Deckers Outdoor Corporation is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. DECK is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. DECK has a Growth Style Score of A, forecasting year-over-year earnings growth of 13.5% for the current fiscal year.
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DECK is a #2 (Buy) on the Zacks Rank, with a VGM Score of B. Additionally, the company could be a top pick for growth investors. DECK has a Growth Style Score of A, forecasting year-over-year earnings growth of 13.5% for the current fiscal year. Stock to Watch: Deckers (DECK) Founded in 1973 and headquartered in Goleta, California, Deckers Outdoor Corporation is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities.
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723942.0
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2023-02-12 00:00:00 UTC
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TipRanks ‘Perfect 10’ List: There’s More Upside Ahead for These 2 Top Score Stocks
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DECK
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https://www.nasdaq.com/articles/tipranks-perfect-10-list%3A-theres-more-upside-ahead-for-these-2-top-score-stocks
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nan
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nan
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The markets might have kicked off the year in a generally upbeat mood, but they have been zigzagging recently, making it even harder to know what direction stocks are heading in next.
That makes stock picking even more difficult than usual but there’s a tool that could come in handy here. The TipRanks Smart Score algorithm collects all the data required for stock picking purposes and sorts it out according to 8 factors - all known to correspond with future outperformance. Then those elements get boiled down to a single score between 1 and 10, with 10 naturally representing a stock that ticks all the right boxes and expected to push ahead from here.
Using the Smart Score tool, we’ve looked up two stocks that are currently displaying the Perfect 10 score. Both have already amassed some serious gains over the past few months but the Street’s analysts figure these Strong Buy stocks have more upside in store. Let’s see why.
Deckers Outdoor (DECK)
First up on our Perfect 10 list, Decker Outdoor, a global footwear company boasting a portfolio of leading brands; these include UGG, which sells premium footwear, apparel, and accessories; Sanuk has casual shoes and sandals and so does Teva; the Hoka brand offers athletic footwear while Fashion casual footwear is represented by Koolaburra. Most of the products are sold wholesale, but the company also has a growing direct-to-consumer segment.
Earlier this month, Deckers released results for the fiscal third quarter of 2023 (December quarter). Revenue grew by 13.4% year-over-year to $1.35 billion, beating the Street’s call by $90 million. The company also exceeded expectations on the bottom-line, delivering EPS of $10.48 - ahead of the $9.52 consensus estimate. Moving forward, Deckers expects full-year sales to come in between $3.50 billion to $3.53 billion; consensus had $3.53 billion.
Turning to the Smart Score, we find DECK firing on all cylinders. Hedge funds increased their holdings by 130,100 shares last quarter while the stock nabs both bullish blogger and news sentiment. On the fundamentals side, the stock has generated a 30% return on equity over the trailing 12 months.
While the markets were not overly impressed with the latest results, it should be noted that since hitting a bottom in May, the shares are up by 83%.
Covering this stock for BTIG, Janine Stichter lays out the bullish case. She writes, “In the current environment, we believe strong brands will fare best, and fit DECK's portfolio to a tee. UGG's continued strong execution and resonance with a younger consumer should support solid, steady growth, while we see HOKA continuing at a robust pace of expansion for years to come. Operating margins, while already best in class, have room to expand as freight headwinds ease, while the strong profitability and ability to reinvest for growth are a competitive advantage.”
Accordingly, the analyst assumed coverage with a Buy rating alongside a $515 price target. The implication for investors? Upside of 24% from current levels.
Over the past 3 months, 11 analysts have reviewed DECK’s prospects and the ratings come down 9 to 2 in favor of Buys over Holds, all culminating in a Strong Buy consensus view. Given the $484.73 average target, the stock is expected to climb 17% higher over the coming months. (See DECK stock analysis on TipRanks)
Poseida Therapeutics, Inc. (PSTX)
The only thing connecting our next Perfect 10 stock to the one above is that score. Poseida Therapeutics’ value proposition is an entirely different one, it being a clinical-stage biotech targeting the development of novel cell and gene therapies for the treatment of cancers and rare genetic diseases. This it does by using its proprietary platforms, which include piggyBac, Cas-CLOVER, and nanoparticle technologies.
The company currently has two allogeneic chimeric antigen receptor T cell (CAR-T) candidates that have reached the clinical testing stage. P-MUC1C-ALLO1 is indicated to treat solid tumors, and is currently being assessed in a Phase 1 clinical trial. Additionally, P-BCMA-ALLO1 is also undergoing Phase 1 testing for the treatment of relapsed and refractory (r/r) multiple myeloma (MM). This candidate is being evaluated in collaboration with Roche. In December, the company presented encouraging initial clinical data from both studies and intends to provide further updates at a medical meeting this year.
Where the Smart Score is concerned, Poseida’s Perfect 10 rating is based on several strong metrics, including 100% blogger sentiment and positive hedge fund activity - these increased their positions by 750,000 shares during the last quarter.
For H.C. Wainwright’s Arthur He, the positive outlook for Poseida rests on its potential to usher in a new era of cell and gene therapies.
“Despite the therapeutic success by current autologous CAR-T therapies, significant limitations remain, such as severe toxicities, limited efficacy in solid tumors, and high manufacturing cost, posing challenges to a wide adoption of the treatment,” He wrote. “We believe Poseida’s piggyBac and Cas-CLOVER technologies could potentially address these issues… We believe Poseida’s platforms have the potential to reshape the landscape of both cell and gene therapies. We currently project the company to generate risk-adjusted revenues of $1.3B in 2033, growing from $56M in 2027.”
Since bottoming out last May, PSTX shares have been on an almighty tear, having gained 302%. But He thinks there’s more gas in the tank; along with a Buy rating, his $15 price target makes room for additional gains of 99%. (To watch He’s track record, click here)
Other analysts also think there’s plenty more upside in store; the Street’s average target stands at $19.50, suggesting one-year returns of 159% are in the cards. With Buy ratings only – 3, in total – the stock claims a Strong Buy consensus rating. (See PSTX stock analysis on TipRanks)
To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor (DECK) First up on our Perfect 10 list, Decker Outdoor, a global footwear company boasting a portfolio of leading brands; these include UGG, which sells premium footwear, apparel, and accessories; Sanuk has casual shoes and sandals and so does Teva; the Hoka brand offers athletic footwear while Fashion casual footwear is represented by Koolaburra. Earlier this month, Deckers released results for the fiscal third quarter of 2023 (December quarter). Moving forward, Deckers expects full-year sales to come in between $3.50 billion to $3.53 billion; consensus had $3.53 billion.
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(See DECK stock analysis on TipRanks) Poseida Therapeutics, Inc. (PSTX) The only thing connecting our next Perfect 10 stock to the one above is that score. Deckers Outdoor (DECK) First up on our Perfect 10 list, Decker Outdoor, a global footwear company boasting a portfolio of leading brands; these include UGG, which sells premium footwear, apparel, and accessories; Sanuk has casual shoes and sandals and so does Teva; the Hoka brand offers athletic footwear while Fashion casual footwear is represented by Koolaburra. Earlier this month, Deckers released results for the fiscal third quarter of 2023 (December quarter).
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Deckers Outdoor (DECK) First up on our Perfect 10 list, Decker Outdoor, a global footwear company boasting a portfolio of leading brands; these include UGG, which sells premium footwear, apparel, and accessories; Sanuk has casual shoes and sandals and so does Teva; the Hoka brand offers athletic footwear while Fashion casual footwear is represented by Koolaburra. (See DECK stock analysis on TipRanks) Poseida Therapeutics, Inc. (PSTX) The only thing connecting our next Perfect 10 stock to the one above is that score. Earlier this month, Deckers released results for the fiscal third quarter of 2023 (December quarter).
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(See DECK stock analysis on TipRanks) Poseida Therapeutics, Inc. (PSTX) The only thing connecting our next Perfect 10 stock to the one above is that score. Deckers Outdoor (DECK) First up on our Perfect 10 list, Decker Outdoor, a global footwear company boasting a portfolio of leading brands; these include UGG, which sells premium footwear, apparel, and accessories; Sanuk has casual shoes and sandals and so does Teva; the Hoka brand offers athletic footwear while Fashion casual footwear is represented by Koolaburra. Earlier this month, Deckers released results for the fiscal third quarter of 2023 (December quarter).
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2023-02-09 00:00:00 UTC
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The Zacks Analyst Blog Highlights Deckers Outdoor, Las Vegas Sands, OneSpaWorld, Madison Square Garden Entertainment and American Woodmark
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DECK
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights-deckers-outdoor-las-vegas-sands-onespaworld-madison
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nan
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nan
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For Immediate Release
Chicago, IL – February 9, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Deckers Outdoor DECK, Las Vegas Sands LVS, OneSpaWorld OSW, Madison Square Garden Entertainment MSGE and American Woodmark AMWD.
Here are highlights from Wednesday’s Analyst Blog:
5 Top Consumer Discretionary Stocks to Buy on Easing Inflation
Fed Chair Jerome Powell lately said that the Federal Reserve may shortly be compelled to increase interest rates aggressively due to an unexpectedly strong January jobs report. Notably, the U.S. economy added 517,000 jobs last month, crushing analysts’ expectations of an increase of 187,000. Also, the unemployment rate dropped to 3.4%, an almost 54-year low.
But Powell did acknowledge that he does expect “significant declines” in prices of essential goods and services in the United States this year. He added that the disinflationary process has already started in the goods sector. By the way, broader inflationary pressure has already started to ease mostly due to the fall in energy and food prices.
The producer price index (PPI) increased by 6.2% in December, but that’s less than the 7.3% increase in November, per the Labor Department. In 2021, the PPI registered an annual jump of 10%. Meanwhile, the PPI decreased by 0.5% in December, its biggest month-over-month decline since April 2020. However, it’s just not wholesale price pressures that are lessening, U.S. consumer prices have also begun to ebb after hitting a four-decade high last summer.
The consumer price index (CPI) increased by 6.5% on an annual basis in December, less than November’s annual increase of 7.1%. It’s also the smallest 12-month advance since October 2021, per the U.S. Bureau of Labor Statistics. And month-over-month, the CPI declined by 0.1% in December, its first drop since the beginning of the coronavirus pandemic.
Additionally, the Fed’s preferred inflation gauge, the personal consumption expenditures index (PCE), too increased at a slower pace in December, a tell-tale sign that the central bank is progressing in its battle to tame inflation. What’s more, the core PCE that doesn’t include volatile energy categories advanced by 4.4% annually in December, less than November’s annual rate of 4.7%. The core PCE currently stands at its lowest level since October 2021.
Now, with inflation showing signs of cooling down amid a strong labor market, consumers are in a better position to spend more on nonobligatory items, which is undoubtedly a boon for consumer discretionary companies. Henceforth, from an investment perspective, we have highlighted five consumer discretionary stocks that are most likely to take advantage of less inflationary pressure. These stocks carry a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Deckers Outdoor is a leading designer, producer, and brand manager of innovative, niche footwear and accessories. Currently, Deckers Outdoor has a Zacks Rank #2. The Zacks Consensus Estimate for its current-year earnings has moved up 1.9% over the past 60 days. DECK’s expected earnings growth rate for the current year is 13.5%.
Las Vegas Sands is a leading international developer of multi-use integrated resorts primarily operating in the United States and Asia. At present, Las Vegas Sands has a Zacks Rank #1. The Zacks Consensus Estimate for its current-year earnings has moved up 31.8% over the past 60 days. LVS’ expected earnings growth rate for the current year is 217.5%.
OneSpaWorld is a provider and innovator in the fields of wellness, beauty, rejuvenation, and transformation on cruise ships and on land. Currently, OneSpaWorld has a Zacks Rank #1. The Zacks Consensus Estimate for its current-year earnings has moved up 38.9% over the past 60 days. OSW’s expected earnings growth rate for the current year is 155.6%.
Madison Square Garden Entertainment provides entertainment experiences. At present, Madison Square Garden Entertainment has a Zacks Rank #2. The Zacks Consensus Estimate for its current-year earnings has moved up 30.7% over the past 60 days. MSGE’s expected earnings growth rate for the current year is 65.6%.
American Woodmark is the third-largest manufacturer of kitchen and bath cabinets. Currently, American Woodmark has a Zacks Rank #2. The Zacks Consensus Estimate for its current-year earnings has moved up 0.3% over the past 60 days. AMWD’s expected earnings growth rate for the current year is 109.7%.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry
Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation.
>>Send me my free report on the top 5 EV stocks
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report
American Woodmark Corporation (AMWD) : Free Stock Analysis Report
OneSpaWorld Holdings Limited (OSW) : Free Stock Analysis Report
Madison Square Garden Entertainment Corp. (MSGE) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks recently featured in the blog include: Deckers Outdoor DECK, Las Vegas Sands LVS, OneSpaWorld OSW, Madison Square Garden Entertainment MSGE and American Woodmark AMWD. Deckers Outdoor is a leading designer, producer, and brand manager of innovative, niche footwear and accessories. Currently, Deckers Outdoor has a Zacks Rank #2.
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Stocks recently featured in the blog include: Deckers Outdoor DECK, Las Vegas Sands LVS, OneSpaWorld OSW, Madison Square Garden Entertainment MSGE and American Woodmark AMWD. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report American Woodmark Corporation (AMWD) : Free Stock Analysis Report OneSpaWorld Holdings Limited (OSW) : Free Stock Analysis Report Madison Square Garden Entertainment Corp. (MSGE) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor is a leading designer, producer, and brand manager of innovative, niche footwear and accessories.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report American Woodmark Corporation (AMWD) : Free Stock Analysis Report OneSpaWorld Holdings Limited (OSW) : Free Stock Analysis Report Madison Square Garden Entertainment Corp. (MSGE) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include: Deckers Outdoor DECK, Las Vegas Sands LVS, OneSpaWorld OSW, Madison Square Garden Entertainment MSGE and American Woodmark AMWD. Deckers Outdoor is a leading designer, producer, and brand manager of innovative, niche footwear and accessories.
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Stocks recently featured in the blog include: Deckers Outdoor DECK, Las Vegas Sands LVS, OneSpaWorld OSW, Madison Square Garden Entertainment MSGE and American Woodmark AMWD. Deckers Outdoor is a leading designer, producer, and brand manager of innovative, niche footwear and accessories. Currently, Deckers Outdoor has a Zacks Rank #2.
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2023-02-08 00:00:00 UTC
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5 Top Consumer Discretionary Stocks to Buy on Easing Inflation
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DECK
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https://www.nasdaq.com/articles/5-top-consumer-discretionary-stocks-to-buy-on-easing-inflation
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Fed Chair Jerome Powell lately said that the Federal Reserve may shortly be compelled to increase interest rates aggressively due to an unexpectedly strong January jobs report. Notably, the U.S. economy added 517,000 jobs last month, crushing analysts’ expectations of an increase of 187,000. Also, the unemployment rate dropped to 3.4%, an almost 54-year low.
But Powell did acknowledge that he does expect “significant declines” in prices of essential goods and services in the United States this year. He added that the disinflationary process has already started in the goods sector. By the way, broader inflationary pressure has already started to ease mostly due to the fall in energy and food prices.
The producer price index (PPI) increased by 6.2% in December, but that’s less than the 7.3% increase in November, per the Labor Department. In 2021, the PPI registered an annual jump of 10%. Meanwhile, the PPI decreased by 0.5% in December, its biggest month-over-month decline since April 2020. However, it’s just not wholesale price pressures that are lessening, U.S. consumer prices have also begun to ebb after hitting a four-decade high last summer.
The consumer price index (CPI) increased by 6.5% on an annual basis in December, less than November’s annual increase of 7.1%. It’s also the smallest 12-month advance since October 2021, per the U.S. Bureau of Labor Statistics. And month-over-month, the CPI declined by 0.1% in December, its first drop since the beginning of the coronavirus pandemic.
Additionally, the Fed’s preferred inflation gauge, the personal consumption expenditures index (PCE), too increased at a slower pace in December, a tell-tale sign that the central bank is progressing in its battle to tame inflation. What’s more, the core PCE that doesn’t include volatile energy categories advanced by 4.4% annually in December, less than November’s annual rate of 4.7%. The core PCE currently stands at its lowest level since October 2021.
Now, with inflation showing signs of cooling down amid a strong labor market, consumers are in a better position to spend more on nonobligatory items, which is undoubtedly a boon for consumer discretionary companies. Henceforth, from an investment perspective, we have highlighted five consumer discretionary stocks that are most likely to take advantage of less inflationary pressure. These stocks carry a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Deckers Outdoor DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories. Currently, Deckers Outdoor has a Zacks Rank #2. The Zacks Consensus Estimate for its current-year earnings has moved up 1.9% over the past 60 days. DECK’s expected earnings growth rate for the current year is 13.5%.
Las Vegas Sands LVS is a leading international developer of multi-use integrated resorts primarily operating in the United States and Asia. At present, Las Vegas Sands has a Zacks Rank #1. The Zacks Consensus Estimate for its current-year earnings has moved up 31.8% over the past 60 days. LVS’ expected earnings growth rate for the current year is 217.5%.
OneSpaWorld OSW is a provider and innovator in the fields of wellness, beauty, rejuvenation, and transformation on cruise ships and on land. Currently, OneSpaWorld has a Zacks Rank #1. The Zacks Consensus Estimate for its current-year earnings has moved up 38.9% over the past 60 days. OSW’s expected earnings growth rate for the current year is 155.6%.
Madison Square Garden Entertainment MSGE provides entertainment experiences. At present, Madison Square Garden Entertainment has a Zacks Rank #2. The Zacks Consensus Estimate for its current-year earnings has moved up 30.7% over the past 60 days. MSGE’s expected earnings growth rate for the current year is 65.6%.
American Woodmark AMWD is the third-largest manufacturer of kitchen and bath cabinets. Currently, American Woodmark has a Zacks Rank #2. The Zacks Consensus Estimate for its current-year earnings has moved up 0.3% over the past 60 days. AMWD’s expected earnings growth rate for the current year is 109.7%.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report
American Woodmark Corporation (AMWD) : Free Stock Analysis Report
OneSpaWorld Holdings Limited (OSW) : Free Stock Analysis Report
Madison Square Garden Entertainment Corp. (MSGE) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories. Currently, Deckers Outdoor has a Zacks Rank #2. DECK’s expected earnings growth rate for the current year is 13.5%.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report American Woodmark Corporation (AMWD) : Free Stock Analysis Report OneSpaWorld Holdings Limited (OSW) : Free Stock Analysis Report Madison Square Garden Entertainment Corp. (MSGE) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories. Currently, Deckers Outdoor has a Zacks Rank #2.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report American Woodmark Corporation (AMWD) : Free Stock Analysis Report OneSpaWorld Holdings Limited (OSW) : Free Stock Analysis Report Madison Square Garden Entertainment Corp. (MSGE) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories. Currently, Deckers Outdoor has a Zacks Rank #2.
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Deckers Outdoor DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories. Currently, Deckers Outdoor has a Zacks Rank #2. DECK’s expected earnings growth rate for the current year is 13.5%.
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723945.0
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2023-02-03 00:00:00 UTC
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Skechers' (SKX) Q4 Earnings Beat Estimates, Sales Rise Y/Y
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DECK
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https://www.nasdaq.com/articles/skechers-skx-q4-earnings-beat-estimates-sales-rise-y-y-0
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Skechers U.S.A., Inc. SKX reported sturdy fourth-quarter 2022 results, with the top and the bottom lines outpacing the Zacks Consensus Estimate and improving year over year. Results gained from strength in SKX’s comfort technology products and sturdy demand for the innovative product portfolio coupled with higher wholesale and direct-to-consumer sales.
Over the past six months, shares of this presently Zacks Rank #3 (Hold) stock have increased 17.9% compared to the industry’s 13.5% growth.
Q4 Highlights
Skechers posted fourth-quarter earnings of 48 cents a share, outpacing the Zacks Consensus Estimate of 38 cents. Also, the bottom line increased 11.6% from the year-earlier quarter’s tally.
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Image Source: Zacks Investment Research
SKX generated sales of $1,878.8 million, surpassing the Zacks Consensus Estimate of $1,776 million. The top line grew 13.5% year over year owing to a 22.3% increase in domestic sales and an 8.7% rise in international sales, mainly buoyed by strength in wholesale sales. On a constant-currency basis, total sales grew 19.1%.
Starting from the first quarter of 2022, Skechers reported segmental results for wholesale and direct-to-consumer operations, including its joint venture businesses. All the company’s segments registered growth, with wholesale sales growing 15.7% and direct-to-consumer (DTC) rising 10.8%.
Wholesale sales were driven by 31.1% growth in EMEA and 18.6% in AMER, whereas wholesale volumes jumped 9.4% and average selling price rose 6.3%. DTC sales jumped on growth of 27% in AMER and 19.1% in EMEA. DTC average selling price dipped 3.5%, with volumes growing 14.8% year over year.
Region-wise, sales increased 22.5% year over year to $925.6 million in the Americas and 28.9% to $413.7 million in EMEA. The metric fell 6.8% year over year to $539.5 million in APAC.
Margins & Costs
Gross profit increased 12.6% year over year to $909.7 million. However, the gross margin declined 40 basis points (bps) to 48.4% due to increased cost per unit and elevated promotions, partly offset by average selling price rises.
Total operating expenses grew 15.1% year over year to $823 million. The metric, as a percentage of sales, increased 60 bps to 43.8%. Selling expenses jumped 13.7% from the year-ago period’s level to $158 million due to a rise in global digital and brand demand creation spending. Also, general and administrative expenses jumped 15.4% to $665.1 million. Increased costs were due to the volume-driven labor and distribution costs as well as elevated costs at the domestic distribution center stemming from supply-chain and logistics headwinds.
Other Financial Aspects
As of Dec 31, 2022, cash and cash equivalents totaled $615.7 million, while short-term investments amounted to $102.2 million.
Skechers ended the quarter with long-term borrowings of $216.5 million and shareholders’ equity of $3,570 million, excluding non-controlling interests of $301.6 million. Further, the total inventory increased 23.6% to $1,818 million.
In 2022, management repurchased roughly 1.9 million shares of its Class A common stock for $74.2 million. As of Dec 31, 2022, $425.8 million was available under SKX’s share buyback program.
As of Dec 31, 2022, SKX had 4,537 stores, including 539 domestic stores, 905 international locations, and 3,093 distributors, licensees and franchise stores.
Outlook
For 2023, management believes in accomplishing sales between $7.75 billion and $8 billion and earnings per share between $2.80 and $3.00. Total capital expenditures are likely to come in the $300-$350 million for the year.
For the first quarter of 2023, SKX is likely to achieve sales between $1.80 billion and $1.85 billion and earnings per share of between 55-60 cents.
Eye These Solid Picks
Here we highlighted three better-ranked stocks, namely, Oxford Industries OXM, lululemon athletica LULU and Deckers DECK.
Oxford Industries, which designs, sources, markets and distributes lifestyle products and other brands, sports a Zacks Rank #1 (Strong Buy). Oxford Industries has a trailing four-quarter earnings surprise of 18.9%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for OXM’s current financial-year EPS suggests growth of 34.2% from the year-ago reported number.
lululemon athletica is a yoga-inspired athletic apparel company. LULU has a Zacks Rank #2 (Buy) at present.
The Zacks Consensus Estimate for lululemon athletica’s current financial-year sales and EPS suggests growth of 27.7% and 27.5%, respectively, from the year-ago corresponding figures. LULU has a trailing four-quarter earnings surprise of 6.7%, on average.
Deckers, a footwear dealer, has a Zacks Rank of 2 at present. DECK has a trailing four-quarter earnings surprise of 4.7%, on average.
The Zacks Consensus Estimate for Deckers’ current financial-year sales and EPS suggests growth of 11.9% and 12.1%, respectively, from the year-ago corresponding figures.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
lululemon athletica inc. (LULU) : Free Stock Analysis Report
Oxford Industries, Inc. (OXM) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Eye These Solid Picks Here we highlighted three better-ranked stocks, namely, Oxford Industries OXM, lululemon athletica LULU and Deckers DECK. Deckers, a footwear dealer, has a Zacks Rank of 2 at present. DECK has a trailing four-quarter earnings surprise of 4.7%, on average.
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Click to get this free report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report To read this article on Zacks.com click here. Eye These Solid Picks Here we highlighted three better-ranked stocks, namely, Oxford Industries OXM, lululemon athletica LULU and Deckers DECK. Deckers, a footwear dealer, has a Zacks Rank of 2 at present.
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Click to get this free report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report To read this article on Zacks.com click here. Eye These Solid Picks Here we highlighted three better-ranked stocks, namely, Oxford Industries OXM, lululemon athletica LULU and Deckers DECK. Deckers, a footwear dealer, has a Zacks Rank of 2 at present.
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Eye These Solid Picks Here we highlighted three better-ranked stocks, namely, Oxford Industries OXM, lululemon athletica LULU and Deckers DECK. Deckers, a footwear dealer, has a Zacks Rank of 2 at present. DECK has a trailing four-quarter earnings surprise of 4.7%, on average.
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2023-02-03 00:00:00 UTC
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Deckers (DECK) Q3 Earnings Top Estimates, HOKA Brand Aids
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DECK
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https://www.nasdaq.com/articles/deckers-deck-q3-earnings-top-estimates-hoka-brand-aids
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nan
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Deckers Outdoor Corporation DECK reported better-than-expected third-quarter fiscal 2023 results, wherein both the top and the bottom lines grew year over year. Strength in the HOKA ONE ONE brand contributed to the company’s performance.
Let’s Delve Deeper
Deckers delivered quarterly earnings of $10.48 per share, which comfortably surpassed the Zacks Consensus Estimate of $9.57. The reported figure increased from the year-ago earnings of $8.42 per share.
Net sales of this Goleta, CA-based company rose 13.3% year over year to $1,345.6 million and outpaced the Zacks Consensus Estimate of $1,258 million. On a constant-currency basis, net sales grew 17.5%. The top-line growth was driven by the increases in the HOKA ONE ONE and Teva brands.
Image Source: Zacks Investment Research
We note that the gross margin increased 70 basis points to 53% during the quarter, backed by a significant benefit from lower freight costs, partly offset by foreign currency exchange headwinds. Gains from a favorable channel mix with Direct-to-Consumer (“DTC”) increasing faster than wholesale coupled with positive brand mix and price increases further aided the metric.
SG&A expenses climbed 6.7% year over year to $349.9 million. As a percentage of net sales, SG&A expenses decreased 160 basis points to 26%, mainly owing to the benefits from foreign currency remeasurement.
The company posted an operating income of $362.7 million, up 23.6% from the year-ago quarter. The operating margin increased 230 basis points to 27%.
Deckers Outdoor Corporation Price, Consensus and EPS Surprise
Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote
Brand-Wise Discussion
HOKA ONE ONE brand net sales surged 90.8% to $352.1 million. UGG brand net sales dipped 1.6% to $930.4 million. Teva brand net sales increased 48.3% to $30.5 million.
Net sales for the Sanuk brand declined 7.4% to $5.6 million. Net sales for Other brands, mainly comprising Koolaburra, fell 12.1% to $26.9 million.
Channel & Geography-Wise Discussion
Wholesale net sales climbed 8% year over year to $646.3 million. DTC net sales rose 18.7% to $699.3 million, while comparable DTC net sales jumped 22.1%.
Domestic net sales increased 13.9% year over year to $906.8 million, while International net sales rose 12.1% to $438.8 million.
Other Financial Aspects
Cash and cash equivalents stood at $1,057.8 million as of Dec 31, 2022, compared with $843.5 million as of Mar 31, 2022. The company ended the quarter with total stockholders’ equity of $1,769.2 million. There were no outstanding borrowings.
During the quarter, the company repurchased about 127 thousand shares for $44.6 million. As of Dec 31, 2022, the company had $1.459 billion remaining under its share repurchase authorization.
A Sneak Peek into Outlook
Deckers continues to envision fiscal 2023 net sales in the range of $3.50 billion-$3.53 billion, versus $3.45 billion-$3.50 billion projected earlier. This suggests an increase from the $3.150 billion reported in fiscal 2022. This growth is likely to be driven by the HOKA ONE ONE brand as it continues to outpace expectations in DTC and expand market share across the global wholesale access points.
HOKA ONE ONE brand is likely to rise in the low 50% range for fiscal 2023, implying over $450 million of incremental revenue compared to the prior year. Due to the supply-chain bottlenecks in the prior year hurting the quarterly wholesale revenue timing, the brand’s growth rate in the fiscal fourth quarter will be lower than its typical run rate. Given this, management forecasts experiencing sturdy DTC demand and growth.
UGG revenue is likely to come in down mid-single-digits on a reported basis, reflecting a year-over-year decrease in the fiscal fourth quarter. As UGG is a highly-exposed brand globally, it is expected to witness significant headwinds from foreign currency exchange rates versus the last year.
The company continues to expect fiscal 2023 earnings in the band of $18-$18.50 per share compared to the earlier anticipation of $17.50-$18.35 a share. The current view compares favorably with the earnings of $16.26 per share reported last fiscal.
The gross margin is anticipated at approximately 50.5%. SG&A expenses, as a percentage of sales, are projected at about 33%, with the operating margin expected in the bracket of 17.5-18%.
Shares of this Zacks Rank #2 (Buy) company have risen 34.5% in the past six months against the industry’s 13.9% growth.
Eye These Solid Picks Too
Here we highlighted three better-ranked stocks, namely, Oxford Industries OXM, lululemon athletica LULU and Skechers SKX.
Oxford Industries, which designs, sources, markets and distributes lifestyle products and other brands, sports a Zacks Rank #1 (Strong Buy). Oxford Industries has a trailing four-quarter earnings surprise of 18.9%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for OXM’s current financial-year EPS suggests growth of 34.2% from the year-ago reported number.
lululemon athletica is a yoga-inspired athletic apparel company. LULU has a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for lululemon athletica’s current financial-year sales and EPS suggests growth of 27.7% and 27.5%, respectively, from the year-ago corresponding figures. LULU has a trailing four-quarter earnings surprise of 6.7%, on average.
Skechers, a footwear dealer, has a Zacks Rank of 2 at present. SKX has a trailing four-quarter earnings surprise of 4.7%, on average.
The Zacks Consensus Estimate for Skechers’ current financial-year sales and EPS suggests growth of 8.6% and 34.3%, respectively, from the year-ago corresponding figures.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
lululemon athletica inc. (LULU) : Free Stock Analysis Report
Oxford Industries, Inc. (OXM) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corporation DECK reported better-than-expected third-quarter fiscal 2023 results, wherein both the top and the bottom lines grew year over year. Let’s Delve Deeper Deckers delivered quarterly earnings of $10.48 per share, which comfortably surpassed the Zacks Consensus Estimate of $9.57. Deckers Outdoor Corporation Price, Consensus and EPS Surprise Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote Brand-Wise Discussion HOKA ONE ONE brand net sales surged 90.8% to $352.1 million.
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Deckers Outdoor Corporation Price, Consensus and EPS Surprise Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote Brand-Wise Discussion HOKA ONE ONE brand net sales surged 90.8% to $352.1 million. A Sneak Peek into Outlook Deckers continues to envision fiscal 2023 net sales in the range of $3.50 billion-$3.53 billion, versus $3.45 billion-$3.50 billion projected earlier. Click to get this free report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation DECK reported better-than-expected third-quarter fiscal 2023 results, wherein both the top and the bottom lines grew year over year. Let’s Delve Deeper Deckers delivered quarterly earnings of $10.48 per share, which comfortably surpassed the Zacks Consensus Estimate of $9.57.
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Deckers Outdoor Corporation DECK reported better-than-expected third-quarter fiscal 2023 results, wherein both the top and the bottom lines grew year over year. Let’s Delve Deeper Deckers delivered quarterly earnings of $10.48 per share, which comfortably surpassed the Zacks Consensus Estimate of $9.57. Deckers Outdoor Corporation Price, Consensus and EPS Surprise Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote Brand-Wise Discussion HOKA ONE ONE brand net sales surged 90.8% to $352.1 million.
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723947.0
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2023-02-02 00:00:00 UTC
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Deckers (DECK) Q3 Earnings and Revenues Top Estimates
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DECK
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https://www.nasdaq.com/articles/deckers-deck-q3-earnings-and-revenues-top-estimates
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nan
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nan
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Deckers (DECK) came out with quarterly earnings of $10.48 per share, beating the Zacks Consensus Estimate of $9.57 per share. This compares to earnings of $8.42 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 9.51%. A quarter ago, it was expected that this maker of Ugg footwear would post earnings of $3.66 per share when it actually produced earnings of $3.80, delivering a surprise of 3.83%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Deckers, which belongs to the Zacks Shoes and Retail Apparel industry, posted revenues of $1.35 billion for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 6.98%. This compares to year-ago revenues of $1.19 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Deckers shares have added about 7.3% since the beginning of the year versus the S&P 500's gain of 7.3%.
What's Next for Deckers?
While Deckers has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Deckers: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $3.22 on $776.04 million in revenues for the coming quarter and $18.23 on $3.52 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Shoes and Retail Apparel is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Carter's (CRI), has yet to report results for the quarter ended December 2022.
This maker of children's apparel and accessories is expected to post quarterly earnings of $1.74 per share in its upcoming report, which represents a year-over-year change of -24.7%. The consensus EPS estimate for the quarter has been revised 12.1% lower over the last 30 days to the current level.
Carter's' revenues are expected to be $868.95 million, down 18.2% from the year-ago quarter.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Carter's, Inc. (CRI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers (DECK) came out with quarterly earnings of $10.48 per share, beating the Zacks Consensus Estimate of $9.57 per share. Deckers, which belongs to the Zacks Shoes and Retail Apparel industry, posted revenues of $1.35 billion for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 6.98%. Deckers shares have added about 7.3% since the beginning of the year versus the S&P 500's gain of 7.3%.
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Deckers, which belongs to the Zacks Shoes and Retail Apparel industry, posted revenues of $1.35 billion for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 6.98%. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Carter's, Inc. (CRI) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers (DECK) came out with quarterly earnings of $10.48 per share, beating the Zacks Consensus Estimate of $9.57 per share.
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Deckers (DECK) came out with quarterly earnings of $10.48 per share, beating the Zacks Consensus Estimate of $9.57 per share. Deckers, which belongs to the Zacks Shoes and Retail Apparel industry, posted revenues of $1.35 billion for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 6.98%. Deckers shares have added about 7.3% since the beginning of the year versus the S&P 500's gain of 7.3%.
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Deckers (DECK) came out with quarterly earnings of $10.48 per share, beating the Zacks Consensus Estimate of $9.57 per share. Deckers, which belongs to the Zacks Shoes and Retail Apparel industry, posted revenues of $1.35 billion for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 6.98%. Deckers shares have added about 7.3% since the beginning of the year versus the S&P 500's gain of 7.3%.
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a8fbdfa8-71d5-4722-a4d4-edf63c29d257
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723948.0
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2023-02-02 00:00:00 UTC
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Deckers Outdoor Corp Reveals Increase In Q3 Profit, Beats estimates
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp-reveals-increase-in-q3-profit-beats-estimates
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nan
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nan
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(RTTNews) - Deckers Outdoor Corp (DECK) reported earnings for its third quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $278.66 million, or $10.48 per share. This compares with $232.94 million, or $8.42 per share, in last year's third quarter.
Analysts on average had expected the company to earn $9.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 12.6% to $1.34 billion from $1.19 billion last year.
Deckers Outdoor Corp earnings at a glance (GAAP) :
-Earnings (Q3): $278.66 Mln. vs. $232.94 Mln. last year. -EPS (Q3): $10.48 vs. $8.42 last year. -Analyst Estimate: $9.61 -Revenue (Q3): $1.34 Bln vs. $1.19 Bln last year.
-Guidance: Full year EPS guidance: $18.00 to $18.50 Full year revenue guidance: $3.50 to $3.53 Bln
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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(RTTNews) - Deckers Outdoor Corp (DECK) reported earnings for its third quarter that increased from last year and beat the Street estimates. Deckers Outdoor Corp earnings at a glance (GAAP) : -Earnings (Q3): $278.66 Mln. Analysts on average had expected the company to earn $9.61 per share, according to figures compiled by Thomson Reuters.
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Deckers Outdoor Corp earnings at a glance (GAAP) : -Earnings (Q3): $278.66 Mln. (RTTNews) - Deckers Outdoor Corp (DECK) reported earnings for its third quarter that increased from last year and beat the Street estimates. -Analyst Estimate: $9.61 -Revenue (Q3): $1.34 Bln vs. $1.19 Bln last year.
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(RTTNews) - Deckers Outdoor Corp (DECK) reported earnings for its third quarter that increased from last year and beat the Street estimates. Deckers Outdoor Corp earnings at a glance (GAAP) : -Earnings (Q3): $278.66 Mln. -Analyst Estimate: $9.61 -Revenue (Q3): $1.34 Bln vs. $1.19 Bln last year.
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Deckers Outdoor Corp earnings at a glance (GAAP) : -Earnings (Q3): $278.66 Mln. (RTTNews) - Deckers Outdoor Corp (DECK) reported earnings for its third quarter that increased from last year and beat the Street estimates. The company's earnings came in at $278.66 million, or $10.48 per share.
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3ad3af27-fc3b-438b-81de-c4200a8de0ef
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723949.0
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2023-02-01 00:00:00 UTC
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Here's Why V.F. Corp (VFC) is Unlikely to Beat Earnings in Q3
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DECK
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https://www.nasdaq.com/articles/heres-why-v.f.-corp-vfc-is-unlikely-to-beat-earnings-in-q3
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nan
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nan
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V.F. Corporation VFC is likely to register top and bottom-line decreases from the year-ago quarter’s reported figures when it posts third-quarter fiscal 2023 earnings on Feb 7, after the closing bell. The Zacks Consensus Estimate for quarterly revenues is pegged at $3.48 billion, indicating a 4% dip from the prior-year quarter’s reported figure.
The Zacks Consensus Estimate for earnings in the fiscal third quarter is pegged at 99 cents per share, suggesting a 26.7% decline from the year-ago quarter’s reported number. Earnings estimates have moved down by a penny in the past 30 days.
We note that V.F. Corp delivered a negative earnings surprise of 5.1% in the trailing four quarters, on average. In the last reported quarter, the company posted an earnings miss of 1.4%.
V.F. Corporation Price and EPS Surprise
V.F. Corporation price-eps-surprise | V.F. Corporation Quote
Key Factors to Note
On Dec 6, V.F. Corp trimmed its outlook for fiscal 2023, implying soft performance in the to-be-reported quarter. The company expected its second half of fiscal 2023 to reflect the impacts of lower-than-expected consumer demand across its business categories, mostly in North America. The reduced demand is likely to have resulted in a heightened promotional environment and wholesale order cancellations to manage inventory levels. The impacts of these trends are expected to have pulled down the top line in the fiscal third quarter.
V.F. Corp also expected the reduced consumer discretionary spending in Europe due to inflationary pressures and ongoing pandemic-related disturbances in China to affect its performance in the second half of fiscal 2023. Consequently, V.F. Corp anticipates revenue growth in the second half of fiscal 2023 to be slightly below the previous view, suggesting a 3-4% increase in constant dollars (excluding foreign currency translations).
Additionally, the company expects SG&A deleverage throughout fiscal 2023 due to lower volumes. This, along with the promotional environment in North America, is likely to weigh on the bottom-line performance for the to-be-reported quarter.
On the positive front, V.F. Corp has been witnessing strength across its brands for a while. VFC’s brand portfolio, and strength in the outdoor, active, streetwear and workwear units have been tailwinds. In addition, VFC has been benefiting from Supreme’s strong follower base among the younger generation.
What the Zacks Model Unveils
Our proven model does not conclusively predict an earnings beat for V.F. Corp this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here, as elaborated below. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
V.F. Corp has a Zacks Rank #4 (Sell) and an Earnings ESP of +5.79%.
Stocks Poised to Beat Earnings Estimates
Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings this season:
BJ's Wholesale BJ has an Earnings ESP of +18.48% and currently sports a Zacks Rank #1. BJ is likely to register top and bottom-line growth from the prior-year quarter’s reading when it reports fourth-quarter fiscal 2022 results. The Zacks Consensus Estimate for quarterly revenues is pegged at $4.9 billion, suggesting 12.5% growth from the figure reported in the prior-year quarter. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for BJ's Wholesale’s fiscal fourth-quarter earnings is pegged at 88 cents, suggesting a 10% rise from 80 cents reported in the year-ago quarter. The consensus mark has moved up 2.3% in the past 30 days. BJ delivered an earnings beat of 18.2%, on average, in the trailing four quarters.
Deckers Outdoor DECK currently has an Earnings ESP of +2.62% and a Zacks Rank of 2. DECK is expected to register top and bottom-line growth from the year-ago quarter’s reported figures when it reports third-quarter fiscal 2023 numbers. The Zacks Consensus Estimate for DECK’s quarterly revenues is pegged at $1.26 billion, suggesting growth of 5.9% from the prior-year quarter’s reported figure.
The Zacks Consensus Estimate for Deckers’ quarterly earnings has moved up 0.7% in the past seven days to $9.48 per share. The consensus estimate for earnings suggests 12.6% growth from the year-ago quarter’s reported number. DECK delivered an earnings beat of 28.9%, on average, in the trailing four quarters.
Crocs Inc. CROX currently has an Earnings ESP of +1.79% and a Zacks Rank #3. CROX is anticipated to register top-line growth from the prior-year quarter’s reported figure when it reports fourth-quarter 2022 results. The Zacks Consensus Estimate for quarterly revenues is pegged at $938.5 million, indicating an improvement of 59.9% from the figure reported in the prior-year quarter.
The Zacks Consensus Estimate for Crocs’ earnings of $2.15 per share has moved up 7% in the past 30 days. The consensus estimate is flat with $2.15 reported in the year-ago quarter. CROX delivered an earnings beat of 18.2%, on average, in the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
V.F. Corporation (VFC) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report
Crocs, Inc. (CROX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor DECK currently has an Earnings ESP of +2.62% and a Zacks Rank of 2. DECK is expected to register top and bottom-line growth from the year-ago quarter’s reported figures when it reports third-quarter fiscal 2023 numbers. The Zacks Consensus Estimate for DECK’s quarterly revenues is pegged at $1.26 billion, suggesting growth of 5.9% from the prior-year quarter’s reported figure.
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DECK is expected to register top and bottom-line growth from the year-ago quarter’s reported figures when it reports third-quarter fiscal 2023 numbers. Corporation (VFC) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor DECK currently has an Earnings ESP of +2.62% and a Zacks Rank of 2.
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Corporation (VFC) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor DECK currently has an Earnings ESP of +2.62% and a Zacks Rank of 2. DECK is expected to register top and bottom-line growth from the year-ago quarter’s reported figures when it reports third-quarter fiscal 2023 numbers.
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DECK is expected to register top and bottom-line growth from the year-ago quarter’s reported figures when it reports third-quarter fiscal 2023 numbers. Corporation (VFC) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor DECK currently has an Earnings ESP of +2.62% and a Zacks Rank of 2.
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46b10d9d-6885-42e2-84ee-f6fdd7aa5f5e
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723950.0
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2023-02-01 00:00:00 UTC
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Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Consumer Discretionary Names
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DECK
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https://www.nasdaq.com/articles/looking-for-stocks-with-positive-earnings-momentum-check-out-these-2-consumer-0
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nan
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Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.
The earnings figure itself is key, of course, but a beat or miss on the bottom line can sometimes be just as, if not more, important. Therefore, investors should consider paying close attention to these earnings surprises, as a big beat can help a stock climb and vice versa.
The ability to identify stocks that are likely to top quarterly earnings expectations can be profitable, but it's no simple task. Here at Zacks, our Earnings ESP filter helps make things easier.
The Zacks Earnings ESP, Explained
The Zacks Earnings ESP is more formally known as the Expected Surprise Prediction, and it aims to grab the inside track on the latest analyst estimate revisions ahead of a company's report. The idea is relatively intuitive as a newer projection might be based on more complete information.
The core of the ESP model is comparing the Most Accurate Estimate to the Zacks Consensus Estimate, where the resulting percentage difference between the two equals the Expected Surprise Prediction. The Zacks Rank is also factored into the ESP metric to better help find companies that appear poised to top their next bottom-line consensus estimate, which will hopefully help lift the stock price.
When we join a positive earnings ESP with a Zacks Rank #3 (Hold) or stronger, stocks posted a positive bottom-line surprise 70% of the time. Plus, this system saw investors produce roughly 28% annual returns on average, according to our 10 year backtest.
Most stocks, about 60%, fall into the #3 (Hold) category, and they are expected to perform in-line with the broader market. Stocks with a #2 (Buy) and #1 (Strong Buy) rating, or the top 15% and top 5% of stocks, respectively, should outperform the market, with Strong Buy stocks outperforming more than any other rank.
Should You Consider Deckers?
The last thing we will do today, now that we have a grasp on the ESP and how powerful of a tool it can be, is to quickly look at a qualifying stock. Deckers (DECK) holds a #2 (Buy) at the moment and its Most Accurate Estimate comes in at $9.73 a share one day away from its upcoming earnings release on February 2, 2023.
By taking the percentage difference between the $9.73 Most Accurate Estimate and the $9.48 Zacks Consensus Estimate, Deckers has an Earnings ESP of +2.62%. Investors should also know that DECK is one of a large group of stocks with positive ESPs. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
DECK is one of just a large database of Consumer Discretionary stocks with positive ESPs. Another solid-looking stock is Las Vegas Sands (LVS).
Slated to report earnings on April 26, 2023, Las Vegas Sands holds a #2 (Buy) ranking on the Zacks Rank, and it's Most Accurate Estimate is $0.19 a share 84 days from its next quarterly update.
For Las Vegas Sands, the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $0.15 is +27.91%.
DECK and LVS' positive ESP metrics may signal that a positive earnings surprise for both stocks is on the horizon.
Find Stocks to Buy or Sell Before They're Reported
Use the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers (DECK) holds a #2 (Buy) at the moment and its Most Accurate Estimate comes in at $9.73 a share one day away from its upcoming earnings release on February 2, 2023. Should You Consider Deckers? By taking the percentage difference between the $9.73 Most Accurate Estimate and the $9.48 Zacks Consensus Estimate, Deckers has an Earnings ESP of +2.62%.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report To read this article on Zacks.com click here. Should You Consider Deckers? Deckers (DECK) holds a #2 (Buy) at the moment and its Most Accurate Estimate comes in at $9.73 a share one day away from its upcoming earnings release on February 2, 2023.
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Should You Consider Deckers? Deckers (DECK) holds a #2 (Buy) at the moment and its Most Accurate Estimate comes in at $9.73 a share one day away from its upcoming earnings release on February 2, 2023. By taking the percentage difference between the $9.73 Most Accurate Estimate and the $9.48 Zacks Consensus Estimate, Deckers has an Earnings ESP of +2.62%.
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Deckers (DECK) holds a #2 (Buy) at the moment and its Most Accurate Estimate comes in at $9.73 a share one day away from its upcoming earnings release on February 2, 2023. Should You Consider Deckers? By taking the percentage difference between the $9.73 Most Accurate Estimate and the $9.48 Zacks Consensus Estimate, Deckers has an Earnings ESP of +2.62%.
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52bd2677-cd32-4e30-9508-e680bae8938e
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723951.0
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2023-01-31 00:00:00 UTC
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Deckers Outdoor Corp. Shares Close in on 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-close-in-on-52-week-high-market-mover-3
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nan
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nan
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Deckers Outdoor Corp. (DECK) shares closed today at 0.5% below its 52 week high of $430.72, giving the company a market cap of $11B. The stock is currently up 7.1% year-to-date, up 33.5% over the past 12 months, and up 398.8% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 1.6%.
Trading Activity
Trading volume this week was 32.4% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.
Technical Indicators
The Relative Strength Index (RSI) on the stock was between 30 and 70.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -59.5%
The company's stock price performance over the past 12 months beats the peer average by -964.9%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 73.0% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.5% below its 52 week high of $430.72, giving the company a market cap of $11B. Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -59.5% The company's stock price performance over the past 12 months beats the peer average by -964.9% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 73.0% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.5% below its 52 week high of $430.72, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 1.6%. Trading Activity Trading volume this week was 32.4% higher than the 20-day average.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.5% below its 52 week high of $430.72, giving the company a market cap of $11B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -59.5% The company's stock price performance over the past 12 months beats the peer average by -964.9% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 73.0% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.5% below its 52 week high of $430.72, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 1.6%. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.
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714da97a-bd0c-411e-91b7-295f045e6cfd
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723952.0
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2023-01-31 00:00:00 UTC
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5 Earnings Charts at 52-Week Highs
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DECK
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https://www.nasdaq.com/articles/5-earnings-charts-at-52-week-highs
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nan
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nan
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Earnings season rolls on with many popular large cap stocks expected to report this week including Alphabet, Apple, and Amazon.
But it’s not just about technology this week. Other industries that will see reports include energy, restaurants, retailers and industrials along with a handful of home builders. The home builders have surprised the Street by soaring this year even as earnings estimates are being slashed for 2023 as high mortgage rates put a damper on home buying.
5 Hot Stocks
A lot of the popular growth stocks have seen big rallies to start 2023. These five stocks are just a few of them.
Not only are they trading at, or near, 52-week highs, but they all have excellent earnings surprise track records.
Will they beat again?
5 Earnings Charts at 52-Week Highs
1. Meritage Homes MTH
Meritage Homes is one of the home builder stocks that has rallied big in 2023. Shares are up 12% year-to-date and are up 6% over the last year.
Meritage Homes has a great earnings surprise track record. It has only missed once in the last 5 years and it was in 2018. That’s impressive during the pandemic.
Shares continue to be cheap, with a forward P/E of 8.8 but earnings of Meritage Homes are expected to fall 54% in 2023.
Is Meritage Homes over bought?
2. Ferrari N.V. RACE
Ferrari has beat on earnings 9 quarters in a row. It has only missed 3 times in the last 5 years.
Shares of Ferrari are up 17.3% year-to-date and is in the green over the last year, up 9.2%.
But Ferrari doesn’t come cheap. It trades at a forward P/E of 43.
Is the Street too bullish on Ferrari or is the rally justified?
3. e.l.f. Beauty, Inc. ELF
e.l.f. Beauty has beat on earnings 7 quarters in a row and has only missed one time in the last 5 years and it was in early 2021.
Shares of e.l.f. Beauty have soared in the last year, adding 106%. They have broken out to new 5-year highs. However, this year, shares are up just 3.2%.
e.l.f. Beauty is definitely not a value stock in 2023. It trades with a forward P/E of 50.
Is e.l.f. Beauty too hot to handle?
4. Starbucks SBUX
Starbucks has missed just 2 times in the last 5 years but those misses were last year.
However, even with the rocky track record last year, shares of Starbucks are hitting new 52-week highs heading into this report. It’s up 9.3% year-to-date and has gained 11.9% over the last year, while the S&P 500 was still down 8% during that same time.
Starbucks is no longer a deal on a P/E basis either, as it trades at 32x.
With China, it’s second largest market, re-opening, does Starbucks still have further to run?
5. Deckers Outdoor Corp. DECK
Deckers has an outstanding earnings surprise chart with just one miss in the last 5 years. It was in 2021.
Shares of Deckers have soared over the last year, gaining 40% during that time. Even in 2023, the gains have continued, as the stock added 5.3%.
But Deckers isn’t cheap either. It is trading with a forward P/E of 23.5. However, compared to some of the others in this group of 5 companies, these shares seem pretty affordable.
Is Deckers still a buying opportunity?
[In full disclosure, Tracey owns shares of SBUX in her personal portfolio.]
Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry
Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation.
>>Send me my free report on the top 5 EV stocks
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Starbucks Corporation (SBUX) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Meritage Homes Corporation (MTH) : Free Stock Analysis Report
Ferrari N.V. (RACE) : Free Stock Analysis Report
e.l.f. Beauty (ELF) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. DECK Deckers has an outstanding earnings surprise chart with just one miss in the last 5 years. Shares of Deckers have soared over the last year, gaining 40% during that time. But Deckers isn’t cheap either.
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Click to get this free report Starbucks Corporation (SBUX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Meritage Homes Corporation (MTH) : Free Stock Analysis Report Ferrari N.V. (RACE) : Free Stock Analysis Report e.l.f. Deckers Outdoor Corp. DECK Deckers has an outstanding earnings surprise chart with just one miss in the last 5 years. Shares of Deckers have soared over the last year, gaining 40% during that time.
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Click to get this free report Starbucks Corporation (SBUX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Meritage Homes Corporation (MTH) : Free Stock Analysis Report Ferrari N.V. (RACE) : Free Stock Analysis Report e.l.f. Deckers Outdoor Corp. DECK Deckers has an outstanding earnings surprise chart with just one miss in the last 5 years. Shares of Deckers have soared over the last year, gaining 40% during that time.
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Deckers Outdoor Corp. DECK Deckers has an outstanding earnings surprise chart with just one miss in the last 5 years. Shares of Deckers have soared over the last year, gaining 40% during that time. But Deckers isn’t cheap either.
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ec323033-fe45-4b5c-9510-0e7f9404863e
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723953.0
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2023-01-31 00:00:00 UTC
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Is Deckers Outdoor (DECK) Outperforming Other Consumer Discretionary Stocks This Year?
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DECK
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https://www.nasdaq.com/articles/is-deckers-outdoor-deck-outperforming-other-consumer-discretionary-stocks-this-year
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nan
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nan
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The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Deckers (DECK) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.
Deckers is a member of the Consumer Discretionary sector. This group includes 283 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Deckers is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for DECK's full-year earnings has moved 0.4% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, DECK has gained about 5.3% so far this year. At the same time, Consumer Discretionary stocks have lost an average of 26.9%. This means that Deckers is outperforming the sector as a whole this year.
One other Consumer Discretionary stock that has outperformed the sector so far this year is iQIYI, Inc. Sponsored ADR (IQ). The stock is up 30.6% year-to-date.
Over the past three months, iQIYI, Inc. Sponsored ADR's consensus EPS estimate for the current year has increased 615.4%. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Deckers is a member of the Shoes and Retail Apparel industry, which includes 11 individual companies and currently sits at #179 in the Zacks Industry Rank. On average, stocks in this group have lost 21.2% this year, meaning that DECK is performing better in terms of year-to-date returns.
On the other hand, iQIYI, Inc. Sponsored ADR belongs to the Film and Television Production and Distribution industry. This 8-stock industry is currently ranked #80. The industry has moved -8.5% year to date.
Investors with an interest in Consumer Discretionary stocks should continue to track Deckers and iQIYI, Inc. Sponsored ADR. These stocks will be looking to continue their solid performance.
Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry
Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation.
>>Send me my free report on the top 5 EV stocks
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
iQIYI, Inc. Sponsored ADR (IQ) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers (DECK) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? On average, stocks in this group have lost 21.2% this year, meaning that DECK is performing better in terms of year-to-date returns. Deckers is a member of the Consumer Discretionary sector.
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On average, stocks in this group have lost 21.2% this year, meaning that DECK is performing better in terms of year-to-date returns. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report iQIYI, Inc. Deckers (DECK) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole?
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report iQIYI, Inc. Deckers (DECK) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Deckers is a member of the Consumer Discretionary sector.
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On average, stocks in this group have lost 21.2% this year, meaning that DECK is performing better in terms of year-to-date returns. Deckers (DECK) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Deckers is a member of the Consumer Discretionary sector.
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7816b75a-cf2b-4453-8805-51d1f932c109
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723954.0
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2023-01-30 00:00:00 UTC
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4 Best Stocks to Invest in for Solid Earnings Growth
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DECK
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https://www.nasdaq.com/articles/4-best-stocks-to-invest-in-for-solid-earnings-growth
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nan
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nan
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Regardless of whether it is a start-up or a renowned company, earnings growth is the highest priority for any organization. This is because if the company doesn’t make money, it won’t last in the long run.
So, what’s earnings growth? Study a company’s revenues over a given period, subtract the production cost, and you have earnings. By the way, this is also considered the most important variable influencing the share price. But, expectations of earnings play a noteworthy role.
Earnings Estimates & Share Price Movements
Frequently, we have seen a decline in the stock price despite earnings growth and a rally in price following an earnings decline. This is largely the result of a company’s earnings failing to meet market expectations.
Earnings estimates embody analysts’ opinions on factors such as sales growth, product demand, competitive industry environment, profit margins, and cost control. Thus, earnings estimates serve as a valuable tool, while making investment decisions. Earnings estimates also help analysts assess the cash flow to determine the fair value of a firm.
Thus, investors should be on the lookout for stocks ready to make a big move. Hence, investors need to buy stocks with historical earnings growth and are seeing a rise in quarterly and annual earnings estimates.
Screening Measures:
To shortlist stocks that have striking earnings growth and positive estimate revisions, we have added the following parameters:
Zacks Rank less than or equal to 2 (Only Zacks' 'Buys' and 'Strong Buys' are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off.)
5-Year Historical EPS Growth (%) greater than X-Industry (stocks with a strong EPS growth history).
% Change EPS F(0)/F(-1) greater than or equal to 5 (companies that saw year-over-year earnings growth of 5% or more in the last reported fiscal).
% Change Q1 Estimates over the last 4 weeks greater than zero (stocks that have seen their current quarter earnings estimates revised higher in the last 4 weeks).
% Change F1 Estimates over the last 1 week greater than zero (stocks that have seen their annual earnings estimates revised higher in the last 1 week).
% Change F1 Estimates over the last 4 weeks greater than zero (stocks that have seen their annual earnings estimates revised higher in the last 4 weeks).
The above criteria narrowed down the universe of around 7,839 stocks to only 20. Here are the top four stocks that stand out:
Deckers Outdoor DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. The company has a Zacks Rank #2 (Buy). DECK’s expected earnings growth rate for the current year is 11.6%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
e.l.f. Beauty ELF operates as a cosmetic company. The company currently sports a Zacks Rank #1. ELF’s expected earnings growth rate for the current year is 34.5%.
MSCI MSCI provides investment decision support tools, including indexes; portfolio construction, and risk management products and services. The company presently carries a Zacks Rank #2. MSCI’s expected earnings growth rate for the current year is 13.9%.
NRG Energy NRG is engaged in producing, selling, and delivering energy and energy products and services to residential, industrial, and commercial consumers in major competitive power markets in the United States. The company currently has a Zacks Rank #1. NRG’s expected earnings growth rate for the current year is 45.9%.
You can sign up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors, and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance
Just Released: Zacks Top 10 Stocks for 2023
In addition to the investment ideas discussed above, would you like to know about our 10 top picks for 2023?
From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Our Director of Research has now combed through 4,000 companies covered by the Zacks Rank and handpicked the best 10 tickers to buy and hold in 2023. Don’t miss your chance to still be among the first to get in on these just-released stocks.
See New Top 10 Stocks >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
NRG Energy, Inc. (NRG) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
MSCI Inc (MSCI) : Free Stock Analysis Report
e.l.f. Beauty (ELF) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are the top four stocks that stand out: Deckers Outdoor DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. DECK’s expected earnings growth rate for the current year is 11.6%. Click to get this free report NRG Energy, Inc. (NRG) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report MSCI Inc (MSCI) : Free Stock Analysis Report e.l.f.
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Click to get this free report NRG Energy, Inc. (NRG) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report MSCI Inc (MSCI) : Free Stock Analysis Report e.l.f. Here are the top four stocks that stand out: Deckers Outdoor DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. DECK’s expected earnings growth rate for the current year is 11.6%.
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Click to get this free report NRG Energy, Inc. (NRG) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report MSCI Inc (MSCI) : Free Stock Analysis Report e.l.f. Here are the top four stocks that stand out: Deckers Outdoor DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. DECK’s expected earnings growth rate for the current year is 11.6%.
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Click to get this free report NRG Energy, Inc. (NRG) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report MSCI Inc (MSCI) : Free Stock Analysis Report e.l.f. Here are the top four stocks that stand out: Deckers Outdoor DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. DECK’s expected earnings growth rate for the current year is 11.6%.
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0b3d72c1-9de0-4409-9201-aa842e437ecc
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723955.0
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2023-01-30 00:00:00 UTC
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Why Deckers (DECK) is Poised to Beat Earnings Estimates Again
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DECK
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https://www.nasdaq.com/articles/why-deckers-deck-is-poised-to-beat-earnings-estimates-again
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nan
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nan
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Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Deckers (DECK), which belongs to the Zacks Shoes and Retail Apparel industry, could be a great candidate to consider.
This maker of Ugg footwear has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 14.32%.
For the most recent quarter, Deckers was expected to post earnings of $3.66 per share, but it reported $3.80 per share instead, representing a surprise of 3.83%. For the previous quarter, the consensus estimate was $1.33 per share, while it actually produced $1.66 per share, a surprise of 24.81%.
Price and EPS Surprise
For Deckers, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Deckers has an Earnings ESP of +0.25% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #2 (Buy), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on February 2, 2023.
Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.
Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Just Released: Zacks Top 10 Stocks for 2023
In addition to the investment ideas discussed above, would you like to know about our 10 top picks for 2023?
From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Our Director of Research has now combed through 4,000 companies covered by the Zacks Rank and handpicked the best 10 tickers to buy and hold in 2023. Don’t miss your chance to still be among the first to get in on these just-released stocks.
See New Top 10 Stocks >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers (DECK), which belongs to the Zacks Shoes and Retail Apparel industry, could be a great candidate to consider. For the most recent quarter, Deckers was expected to post earnings of $3.66 per share, but it reported $3.80 per share instead, representing a surprise of 3.83%. Price and EPS Surprise For Deckers, estimates have been trending higher, thanks in part to this earnings surprise history.
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Deckers (DECK), which belongs to the Zacks Shoes and Retail Apparel industry, could be a great candidate to consider. For the most recent quarter, Deckers was expected to post earnings of $3.66 per share, but it reported $3.80 per share instead, representing a surprise of 3.83%. Price and EPS Surprise For Deckers, estimates have been trending higher, thanks in part to this earnings surprise history.
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Deckers (DECK), which belongs to the Zacks Shoes and Retail Apparel industry, could be a great candidate to consider. For the most recent quarter, Deckers was expected to post earnings of $3.66 per share, but it reported $3.80 per share instead, representing a surprise of 3.83%. Price and EPS Surprise For Deckers, estimates have been trending higher, thanks in part to this earnings surprise history.
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Deckers (DECK), which belongs to the Zacks Shoes and Retail Apparel industry, could be a great candidate to consider. For the most recent quarter, Deckers was expected to post earnings of $3.66 per share, but it reported $3.80 per share instead, representing a surprise of 3.83%. Price and EPS Surprise For Deckers, estimates have been trending higher, thanks in part to this earnings surprise history.
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7daf61fd-183f-4a6a-ad9f-3ec7e379c934
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723956.0
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2023-01-30 00:00:00 UTC
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Here's How Much You'd Have If You Invested $1000 in Deckers a Decade Ago
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DECK
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https://www.nasdaq.com/articles/heres-how-much-youd-have-if-you-invested-%241000-in-deckers-a-decade-ago
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nan
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nan
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How much a stock's price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well.
The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks.
What if you'd invested in Deckers (DECK) ten years ago? It may not have been easy to hold on to DECK for all that time, but if you did, how much would your investment be worth today?
Deckers' Business In-Depth
With that in mind, let's take a look at Deckers' main business drivers.
Founded in 1973 and headquartered in Goleta, California, Deckers Outdoor Corporation is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. The company sell products primarily under five proprietary brands — UGG, HOKA, Teva, Sanuk, and Koolaburra.
Its products are sold through specialty domestic retailers, international distributors and directly to end-users through its websites and catalogs. The company sell directly to global consumers through Direct-to-Consumer (DTC) channel, which is comprised of e-commerce websites and retail stores. The brands are sold worldwide, including in the United States, Canada, Europe, Asia-Pacific and Latin America.
The UGG brand has proven to be a highly resilient line of premium footwear, apparel, and accessories with expanded product offerings. The company intends to continue diversifying the brand to drive year-round product sales, through expansion of women’s spring and summer footwear, men’s products, and apparel, home goods, and accessories. The HOKA brand is an authentic, premium line of year-round performance footwear and apparel. The Teva brand’s product line includes sandals, shoes, and boots. The Sanuk brand has manifested into a lifestyle brand with a presence in the relaxed casual shoe and sandal categories. The company's KOOLABURRA brand is a casual footwear fashion line using sheepskin and other plush materials.
Bottom Line
While anyone can invest, building a lucrative investment portfolio takes research, patience, and a little bit of risk. If you had invested in Deckers ten years ago, you're probably feeling pretty good about your investment today.
According to our calculations, a $1000 investment made in January 2013 would be worth $10,196.27, or a gain of 919.63%, as of January 30, 2023, and this return excludes dividends but includes price increases.
Compare this to the S&P 500's rally of 170.84% and gold's return of 10.50% over the same time frame.
Analysts are forecasting more upside for DECK too.
Shares of Deckers have risen and outpaced the industry in the past six months. The company put up another spectacular show in second-quarter fiscal 2023. The quarter marked the fourth straight positive sales and earnings surprise. Both the top and bottom lines grew year over year. Strength in HOKA brand contributed to the results. We believe that management’s focus on ramping up inventory, optimizing channel mix to fulfill consumer demand, scaling production to support the growth of brands and implementing targeted price increases should well position Deckers. Management reaffirmed its fiscal 2023 sales and earnings view. However, margins still remain an area to watch. Also, adverse exchange rates and geopolitical tensions remain concerns. Deckers expects foreign currency headwinds to impact second-half revenues by about $70 million.
The stock has jumped 6.85% over the past four weeks. Additionally, no earnings estimate has gone lower in the past two months, compared to 2 higher, for fiscal 2022; the consensus estimate has moved up as well.
Just Released: Zacks Top 10 Stocks for 2023
In addition to the investment ideas discussed above, would you like to know about our 10 top picks for 2023?
From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Our Director of Research has now combed through 4,000 companies covered by the Zacks Rank and handpicked the best 10 tickers to buy and hold in 2023. Don’t miss your chance to still be among the first to get in on these just-released stocks.
See New Top 10 Stocks >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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We believe that management’s focus on ramping up inventory, optimizing channel mix to fulfill consumer demand, scaling production to support the growth of brands and implementing targeted price increases should well position Deckers. What if you'd invested in Deckers (DECK) ten years ago? It may not have been easy to hold on to DECK for all that time, but if you did, how much would your investment be worth today?
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What if you'd invested in Deckers (DECK) ten years ago? Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report To read this article on Zacks.com click here. It may not have been easy to hold on to DECK for all that time, but if you did, how much would your investment be worth today?
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If you had invested in Deckers ten years ago, you're probably feeling pretty good about your investment today. We believe that management’s focus on ramping up inventory, optimizing channel mix to fulfill consumer demand, scaling production to support the growth of brands and implementing targeted price increases should well position Deckers. What if you'd invested in Deckers (DECK) ten years ago?
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It may not have been easy to hold on to DECK for all that time, but if you did, how much would your investment be worth today? What if you'd invested in Deckers (DECK) ten years ago? Deckers' Business In-Depth With that in mind, let's take a look at Deckers' main business drivers.
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86b05a47-b43a-4d55-8878-ce971dcdb845
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723957.0
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2023-01-30 00:00:00 UTC
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Here's Why Deckers (DECK) is a Great Momentum Stock to Buy
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DECK
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https://www.nasdaq.com/articles/heres-why-deckers-deck-is-a-great-momentum-stock-to-buy
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nan
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nan
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Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.
Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.
Below, we take a look at Deckers (DECK), a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score.
It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Deckers currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
You can see the current list of Zacks #1 Rank Stocks here >>>
Set to Beat the Market?
Let's discuss some of the components of the Momentum Style Score for DECK that show why this maker of Ugg footwear shows promise as a solid momentum pick.
Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.
For DECK, shares are up 2.04% over the past week while the Zacks Shoes and Retail Apparel industry is up 2.04% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 6.85% compares favorably with the industry's 12.75% performance as well.
While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of Deckers have risen 20.61%, and are up 39.83% in the last year. On the other hand, the S&P 500 has only moved 7.28% and -4.41%, respectively.
Investors should also pay attention to DECK's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. DECK is currently averaging 316,855 shares for the last 20 days.
Earnings Outlook
The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with DECK.
Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost DECK's consensus estimate, increasing from $18.09 to $18.15 in the past 60 days. Looking at the next fiscal year, 3 estimates have moved upwards while there have been no downward revisions in the same time period.
Bottom Line
Given these factors, it shouldn't be surprising that DECK is a #2 (Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Deckers on your short list.
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In addition to the investment ideas discussed above, would you like to know about our 10 top picks for 2023?
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Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Below, we take a look at Deckers (DECK), a company that currently holds a Momentum Style Score of A. Deckers currently has a Zacks Rank of #2 (Buy). Let's discuss some of the components of the Momentum Style Score for DECK that show why this maker of Ugg footwear shows promise as a solid momentum pick.
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Below, we take a look at Deckers (DECK), a company that currently holds a Momentum Style Score of A. Deckers currently has a Zacks Rank of #2 (Buy). Let's discuss some of the components of the Momentum Style Score for DECK that show why this maker of Ugg footwear shows promise as a solid momentum pick.
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Below, we take a look at Deckers (DECK), a company that currently holds a Momentum Style Score of A. Deckers currently has a Zacks Rank of #2 (Buy). Let's discuss some of the components of the Momentum Style Score for DECK that show why this maker of Ugg footwear shows promise as a solid momentum pick.
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Deckers currently has a Zacks Rank of #2 (Buy). DECK is currently averaging 316,855 shares for the last 20 days. Below, we take a look at Deckers (DECK), a company that currently holds a Momentum Style Score of A.
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d6edcc12-c0fd-4b9e-9012-b5ddfb05bee2
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723958.0
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2023-01-29 00:00:00 UTC
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Deckers Outdoor Corp. Shares Close in on 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-close-in-on-52-week-high-market-mover-2
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Deckers Outdoor Corp. (DECK) shares closed today at 1.8% below its 52 week high of $428.22, giving the company a market cap of $11B. The stock is currently up 6.9% year-to-date, up 39.8% over the past 12 months, and up 382.6% over the past five years. This week, the Dow Jones Industrial Average rose 1.8%, and the S&P 500 rose 2.5%.
Trading Activity
Trading volume this week was 49.9% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.
Technical Indicators
The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -53.9%
The company's stock price performance over the past 12 months beats the peer average by -1358.7%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 75.6% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.8% below its 52 week high of $428.22, giving the company a market cap of $11B. Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -53.9% The company's stock price performance over the past 12 months beats the peer average by -1358.7% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 75.6% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.8% below its 52 week high of $428.22, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 1.8%, and the S&P 500 rose 2.5%. Trading Activity Trading volume this week was 49.9% higher than the 20-day average.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.8% below its 52 week high of $428.22, giving the company a market cap of $11B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -53.9% The company's stock price performance over the past 12 months beats the peer average by -1358.7% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 75.6% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.8% below its 52 week high of $428.22, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 1.8%, and the S&P 500 rose 2.5%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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2023-01-27 00:00:00 UTC
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Factors Likely to Influence Deckers' (DECK) Q3 Earnings
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DECK
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https://www.nasdaq.com/articles/factors-likely-to-influence-deckers-deck-q3-earnings
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Deckers Outdoor Corporation DECK is likely to register an increase in the top line when it reports third-quarter fiscal 2023 earnings results on Feb 2 after market close. The Zacks Consensus Estimate for revenues is pegged at $1,235 million, indicating an improvement of 4% from the prior-year reported figure.
The bottom line of this designer, marketer and distributor of footwear, apparel and accessories is expected to increase year over year. Although the Zacks Consensus Estimate for third-quarter earnings per share has declined 0.6% to $9.41 over the past 30 days, it suggests an improvement from the $8.42 per share reported in the year-ago period.
Deckers has a trailing four-quarter earnings surprise of 28.9%, on average. In the last reported quarter, this Goleta, CA-based company’s bottom line outperformed the Zacks Consensus Estimate by a margin of 3.8%.
Key Factors to Note
Deckers’ third-quarter performance is likely to have benefited from the acceleration of omnichannel capabilities, a customer-centric approach and marketing strategies. The company’s focus on expanding brand assortments, introducing an innovative line of products and enhancing the direct-to-consumer business might have acted as tailwinds. Additionally, the strategic price increases of products might have supported the top line in the quarter under review.
Keeping pace with changing trends, Deckers has constantly been developing its e-commerce portal to capture incremental sales. The company has been making substantial investments to strengthen its online presence and enhance the shopping experience.
Deckers Outdoor Corporation Price, Consensus and EPS Surprise
Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote
We note that the Zacks Consensus Estimate for third-quarter sales at the HOKA ONE ONE brand is pegged at $273 million, suggesting an increase of 47.9% year over year. The consensus estimate for the Teva brand currently stands at $19.6 million, down 5% from the year-ago period.
The consensus estimate for sales at the UGG brand is pegged at $900 million, down 4.9% year over year. The consensus mark for sales at the Sanuk brand stands at $6.5 million, up 6.4% from the prior-year quarter. Other brands, primarily composed of Koolaburra, are expected to increase 1.1% to $30.9 million.
While the aforementioned factors raise optimism, higher freight costs, labor shortages, strengthening of the U.S. dollar and geopolitical tensions are some of the headwinds Deckers might have encountered. On its lastearnings call management hinted that foreign currency headwinds would impact second-half revenues by approximately $70 million, primarily the UGG brand.
What the Zacks Model Unveils
Our proven model doesn’t conclusively predict an earnings beat for Deckers this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that’s not the case here. You can see the complete list of today’s Zacks #1 Rank stocks here.
Although Deckers currently has a Zacks Rank #2, its Earnings ESP of -2.53% makes a surprise prediction difficult. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks Poised to Beat Earnings Estimates
Here are three companies worth considering as our model shows that these have the right combination of elements to beat earnings this season:
Expedia Group EXPE currently has an Earnings ESP of +7.34% and a Zacks Rank #1. The company is expected to register bottom-line growth when it reports fourth-quarter 2022 results. The Zacks Consensus Estimate for quarterly earnings per share of $1.85 suggests an increase of 74.5% from the year-ago quarter.
Expedia Group’s top line is anticipated to rise year over year. The consensus mark for revenues is pegged at $2.68 billion, indicating an increase of 17.7% from the figure reported in the year-ago quarter.
Arhaus ARHS currently has an Earnings ESP of +5.00% and a Zacks Rank of 2. The company is likely to register an increase in the bottom line when it reports fourth-quarter fiscal 2022 numbers. The Zacks Consensus Estimate for quarterly earnings per share of 19 cents suggests an increase of 35.7% from the year-ago reported number.
Arhaus' top line is expected to increase year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $354.1 million, which suggests an increase of 48.7% from the prior-year quarter. ARHS has a trailing four-quarter earnings surprise of 112%, on average.
Five Below FIVE currently has an Earnings ESP of +1.04% and a Zacks Rank #2. The company is expected to register bottom-line growth when it reports fourth-quarter fiscal 2022 results. The Zacks Consensus Estimate for quarterly earnings per share of $3.04 suggests an increase of 22.1% from the year-ago quarter.
Five Below’s top line is anticipated to rise year over year. The consensus mark for revenues is pegged at $1.10 billion, indicating an increase of 10.7% from the figure reported in the year-ago quarter. FIVE has a trailing four-quarter earnings surprise of 26.3%, on average.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Zacks Names "Single Best Pick to Double"
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Expedia Group, Inc. (EXPE) : Free Stock Analysis Report
Five Below, Inc. (FIVE) : Free Stock Analysis Report
Arhaus, Inc. (ARHS) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corporation DECK is likely to register an increase in the top line when it reports third-quarter fiscal 2023 earnings results on Feb 2 after market close. While the aforementioned factors raise optimism, higher freight costs, labor shortages, strengthening of the U.S. dollar and geopolitical tensions are some of the headwinds Deckers might have encountered. Deckers has a trailing four-quarter earnings surprise of 28.9%, on average.
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Deckers Outdoor Corporation DECK is likely to register an increase in the top line when it reports third-quarter fiscal 2023 earnings results on Feb 2 after market close. Deckers Outdoor Corporation Price, Consensus and EPS Surprise Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote We note that the Zacks Consensus Estimate for third-quarter sales at the HOKA ONE ONE brand is pegged at $273 million, suggesting an increase of 47.9% year over year. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Expedia Group, Inc. (EXPE) : Free Stock Analysis Report Five Below, Inc. (FIVE) : Free Stock Analysis Report Arhaus, Inc. (ARHS) : Free Stock Analysis Report To read this article on Zacks.com click here.
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Deckers Outdoor Corporation Price, Consensus and EPS Surprise Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote We note that the Zacks Consensus Estimate for third-quarter sales at the HOKA ONE ONE brand is pegged at $273 million, suggesting an increase of 47.9% year over year. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Expedia Group, Inc. (EXPE) : Free Stock Analysis Report Five Below, Inc. (FIVE) : Free Stock Analysis Report Arhaus, Inc. (ARHS) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation DECK is likely to register an increase in the top line when it reports third-quarter fiscal 2023 earnings results on Feb 2 after market close.
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Deckers Outdoor Corporation Price, Consensus and EPS Surprise Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote We note that the Zacks Consensus Estimate for third-quarter sales at the HOKA ONE ONE brand is pegged at $273 million, suggesting an increase of 47.9% year over year. Although Deckers currently has a Zacks Rank #2, its Earnings ESP of -2.53% makes a surprise prediction difficult. Deckers Outdoor Corporation DECK is likely to register an increase in the top line when it reports third-quarter fiscal 2023 earnings results on Feb 2 after market close.
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723960.0
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2023-01-26 00:00:00 UTC
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Deckers (DECK) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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DECK
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https://www.nasdaq.com/articles/deckers-deck-earnings-expected-to-grow%3A-what-to-know-ahead-of-next-weeks-release
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The market expects Deckers (DECK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2022. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 2. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus Estimate
This maker of Ugg footwear is expected to post quarterly earnings of $9.41 per share in its upcoming report, which represents a year-over-year change of +11.8%.
Revenues are expected to be $1.24 billion, up 4% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has been revised 1.92% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Earnings Whisper
Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Deckers?
For Deckers, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -2.53%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination makes it difficult to conclusively predict that Deckers will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?
Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Deckers would post earnings of $3.66 per share when it actually produced earnings of $3.80, delivering a surprise of +3.83%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom Line
An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Deckers doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The market expects Deckers (DECK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2022. How Have the Numbers Shaped Up for Deckers? For Deckers, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects.
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The market expects Deckers (DECK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2022. How Have the Numbers Shaped Up for Deckers? For Deckers, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects.
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For Deckers, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. The market expects Deckers (DECK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2022. How Have the Numbers Shaped Up for Deckers?
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The market expects Deckers (DECK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2022. For the last reported quarter, it was expected that Deckers would post earnings of $3.66 per share when it actually produced earnings of $3.80, delivering a surprise of +3.83%. How Have the Numbers Shaped Up for Deckers?
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723961.0
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2023-01-25 00:00:00 UTC
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The Zacks Analyst Blog Highlights Deckers Outdoor, Activision Blizzard, Live Nation Entertainment, Ralph Lauren and NIKE
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DECK
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights-deckers-outdoor-activision-blizzard-live-nation
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For Immediate Release
Chicago, IL – January 25, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Deckers Outdoor Corp. DECK, Activision Blizzard Inc. ATVI, Live Nation Entertainment Inc. LYV, Ralph Lauren Corp. RL and NIKE Inc. NKE.
Here are highlights from Tuesday’s Analyst Blog:
Top 5 Consumer Discretionary Stocks to Enhance Your Portfolio
The consumer discretionary sector suffered the most in terrible 2022. The inflation rate was at a 40-year high. In order to combat mounting inflation, the Fed hiked the benchmark interest rate to its highest level in 15 years and its strict monetary tightening raised the risk-free market interest rate to a two-decade high. A higher interest rate is detrimental to growth sectors like consumer discretionary.
However, as we have entered 2023, consumer discretionary has shown an initial sign of revival. Month to date, of the 11 broad sectors of the market's benchmark S&P 500 Index, the Consumer Discretionary Select Sector SPDR has gained 9.3%, second only to the Communication Services Select Sector SPDR that has rallied 12.6%.
At this stage, investment in consumer discretionary stocks with a favorable Zacks Rank should become fruitful. Five such stocks are - Deckers Outdoor Corp., Activision Blizzard Inc., Live Nation Entertainment Inc., Ralph Lauren Corp. and NIKE Inc..
Consumer Discretionary Sector to Revive in 2023
The consumer discretionary sector is set to revive its fortune this year. Here are the reasons:
(1) Peak inflation seems behind us. Less-than-expected inflation rates in October, November and December with respect to several measures have clearly indicated this. The University of Michigan Surveys of Consumers released on Jan 13 showed that the one-year inflation outlook slipped to a preliminary reading of 4.0% this month from 4.4% in December, the lowest reading since April 2021.
(2) The Fed raised the benchmark interest rate by 4.25% in 2022 to the range of 4.25-4.5%. Market is currently expecting the central bank to increase the interest rate by maximum 75 basis points in 2023. Some financial analysts are expecting the first rate cut to come in the last quarter of 2023 or in early 2024.
(3) Headwinds of the pandemic are also behind us. China is gradually reopening since the beginning of this year after strict lockdowns last year. This will help revive the completely devastated global-supply chain system. Global trade will also gain momentum.
(4) The U.S. labor market remains resilient. The initial results of the fourth-quarter 2022 earnings were not as disappointing as expected. Therefore, the Fed may reach its goal of a soft landing of the economy.
Our Top Picks
We have narrowed our search to five consumer discretionary stocks with strong potential for 2023. These stocks have seen positive earnings estimate revisions in the last 60 days. Each of our picks carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here.
Deckers Outdoor is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities.
DECK's focus on expanding brand assortments, introducing more innovative lines of products, targeting consumers digitally and optimizing omni-channel distribution have been contributing to its performance. DECK is targeting profitable and underpenetrated markets, and remains focused on product innovations, store expansion and enhancing e-commerce capabilities.
Deckers Outdoor has an expected earnings growth rate of 11.4% for the current year (ending March 2023). The Zacks Consensus Estimate for current-year earnings improved 0.1% over the last 60 days.
Activision Blizzard develops and distributes content and services on video game consoles, personal computers and mobile devices. ATVI's top line is expected to benefit from an expanding user base of Call of Duty (COD), Hearthstone, World of Warcraft (WoW) and Candy Crush franchises. This is expected to boost in-games spending. Moreover, the growing popularity of Diablo II: Resurrected is expected to boost top-line growth. ATVI's strong liquidity position and free cash flow generation ability are noteworthy.
Activision Blizzard has an expected earnings growth rate of 28.6% for the current year. The Zacks Consensus Estimate for current-year earnings improved 0.3% over the last 30 days.
Live Nation Entertainment has been benefiting from pent-up demand for live events and robust ticket sales. These, along with increased demand for digital ticketing and contactless transactions, are likely to have contributed to the upside.
LYV remains optimistic about its growth prospects in 2022 and 2023. Emphasis on cost-saving efforts bodes well. For concerts, Live Nation Entertainment said that it has already sold more than 100 million tickets for shows in the second half of 2022 and 2023. LYV is likely to benefit from the OCESA buyout.
Live Nation Entertainment has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.1% over the last 30 days.
Ralph Lauren designs, markets and distributes lifestyle products in North America, Europe, Asia, and internationally. RL is progressing well with its "Next Great Chapter" plan that was announced in June 2018. This strategic growth plan focuses on delivering sustainable long-term growth and value creation.
RL has gained from brand strength, solid demand, and expansion across all channels and regions. Favorable product mix and robust full-priced selling trends have been aiding AURs. Also, a solid online show bodes well.
Ralph Lauren has an expected earnings growth rate of 13.4% for next- year (ending March 2024). The Zacks Consensus Estimate for next-year earnings improved 1.3% over the last 30 days.
NIKE boasts a robust surprise trend, which continued in first-quarter fiscal 2023. NKE gained from brand strength, robust consumer demand and an innovative product pipeline. Its Consumer Direct Acceleration strategy, along with robust performance in its digital and DTC businesses also aided results.
The NIKE Direct business benefited from double-digit currency-neutral growth in North America, EMEA and APLA, offset by weakness in Greater China. NKE has been benefiting from its efficient digital ecosystem, which comprises its online site as well as commercial and activity apps.
NIKE has an expected earnings growth rate of 25.4% for next year (ending May 2024). The Zacks Consensus Estimate for next-year earnings improved 26.7% over the last 60 days.
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Media Contact
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Activision Blizzard, Inc (ATVI) : Free Stock Analysis Report
NIKE, Inc. (NKE) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Ralph Lauren Corporation (RL) : Free Stock Analysis Report
Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks recently featured in the blog include: Deckers Outdoor Corp. DECK, Activision Blizzard Inc. ATVI, Live Nation Entertainment Inc. LYV, Ralph Lauren Corp. RL and NIKE Inc. NKE. DECK's focus on expanding brand assortments, introducing more innovative lines of products, targeting consumers digitally and optimizing omni-channel distribution have been contributing to its performance. Five such stocks are - Deckers Outdoor Corp., Activision Blizzard Inc., Live Nation Entertainment Inc., Ralph Lauren Corp. and NIKE Inc.. Consumer Discretionary Sector to Revive in 2023 The consumer discretionary sector is set to revive its fortune this year.
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Stocks recently featured in the blog include: Deckers Outdoor Corp. DECK, Activision Blizzard Inc. ATVI, Live Nation Entertainment Inc. LYV, Ralph Lauren Corp. RL and NIKE Inc. NKE. Five such stocks are - Deckers Outdoor Corp., Activision Blizzard Inc., Live Nation Entertainment Inc., Ralph Lauren Corp. and NIKE Inc.. Consumer Discretionary Sector to Revive in 2023 The consumer discretionary sector is set to revive its fortune this year. Click to get this free report Activision Blizzard, Inc (ATVI) : Free Stock Analysis Report NIKE, Inc. (NKE) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report To read this article on Zacks.com click here.
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Five such stocks are - Deckers Outdoor Corp., Activision Blizzard Inc., Live Nation Entertainment Inc., Ralph Lauren Corp. and NIKE Inc.. Consumer Discretionary Sector to Revive in 2023 The consumer discretionary sector is set to revive its fortune this year. Click to get this free report Activision Blizzard, Inc (ATVI) : Free Stock Analysis Report NIKE, Inc. (NKE) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include: Deckers Outdoor Corp. DECK, Activision Blizzard Inc. ATVI, Live Nation Entertainment Inc. LYV, Ralph Lauren Corp. RL and NIKE Inc. NKE.
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Stocks recently featured in the blog include: Deckers Outdoor Corp. DECK, Activision Blizzard Inc. ATVI, Live Nation Entertainment Inc. LYV, Ralph Lauren Corp. RL and NIKE Inc. NKE. Five such stocks are - Deckers Outdoor Corp., Activision Blizzard Inc., Live Nation Entertainment Inc., Ralph Lauren Corp. and NIKE Inc.. Consumer Discretionary Sector to Revive in 2023 The consumer discretionary sector is set to revive its fortune this year. Deckers Outdoor is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities.
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7e54842a-de02-4725-b835-cb8df46e6bd6
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723962.0
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2023-01-24 00:00:00 UTC
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Deckers Outdoor Corp. Shares Approach 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-approach-52-week-high-market-mover-1
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nan
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nan
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Deckers Outdoor Corp. (DECK) shares closed today at 1.8% below its 52 week high of $428.13, giving the company a market cap of $11B. The stock is currently up 5.9% year-to-date, up 31.7% over the past 12 months, and up 388.3% over the past five years. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 rose 0.6%.
Trading Activity
Trading volume this week was 21.9% lower than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.
Technical Indicators
The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -54.2%
The company's stock price performance over the past 12 months beats the peer average by -518.0%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 75.7% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.8% below its 52 week high of $428.13, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 rose 0.6%. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -54.2% The company's stock price performance over the past 12 months beats the peer average by -518.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 75.7% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.8% below its 52 week high of $428.13, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 rose 0.6%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.8% below its 52 week high of $428.13, giving the company a market cap of $11B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -54.2% The company's stock price performance over the past 12 months beats the peer average by -518.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 75.7% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.8% below its 52 week high of $428.13, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average fell 0.5%, and the S&P 500 rose 0.6%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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ed06fdee-cdab-4720-8d10-fbf3542f5605
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723963.0
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2023-01-24 00:00:00 UTC
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Top 5 Consumer Discretionary Stocks to Enhance Your Portfolio
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DECK
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https://www.nasdaq.com/articles/top-5-consumer-discretionary-stocks-to-enhance-your-portfolio
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nan
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nan
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The consumer discretionary sector suffered the most in terrible 2022. The inflation rate was at a 40-year high. In order to combat mounting inflation, the Fed hiked the benchmark interest rate to its highest level in 15 years and its strict monetary tightening raised the risk-free market interest rate to a two-decade high. A higher interest rate is detrimental to growth sectors like consumer discretionary.
However, as we have entered 2023, consumer discretionary has shown an initial sign of revival. Month to date, of the 11 broad sectors of the market’s benchmark S&P 500 Index, the Consumer Discretionary Select Sector SPDR (XLY) has gained 9.3%, second only to the Communication Services Select Sector SPDR (XLC) that has rallied 12.6%.
At this stage, investment in consumer discretionary stocks with a favorable Zacks Rank should become fruitful. Five such stocks are - Deckers Outdoor Corp. DECK, Activision Blizzard Inc. ATVI, Live Nation Entertainment Inc. LYV, Ralph Lauren Corp. RL and NIKE Inc. NKE.
Consumer Discretionary Sector to Revive in 2023
The consumer discretionary sector is set to revive its fortune this year. Here are the reasons:
(1) Peak inflation seems behind us. Less-than-expected inflation rates in October, November and December with respect to several measures have clearly indicated this. The University of Michigan Surveys of Consumers released on Jan 13 showed that the one-year inflation outlook slipped to a preliminary reading of 4.0% this month from 4.4% in December, the lowest reading since April 2021.
(2) The Fed raised the benchmark interest rate by 4.25% in 2022 to the range of 4.25-4.5%. Market is currently expecting the central bank to increase the interest rate by maximum 75 basis points in 2023. Some financial analysts are expecting the first rate cut to come in the last quarter of 2023 or in early 2024.
(3) Headwinds of the pandemic are also behind us. China is gradually reopening since the beginning of this year after strict lockdowns last year. This will help revive the completely devastated global-supply chain system. Global trade will also gain momentum.
(4) The U.S. labor market remains resilient. The initial results of the fourth-quarter 2022 earnings were not as disappointing as expected. Therefore, the Fed may reach its goal of a soft landing of the economy.
Our Top Picks
We have narrowed our search to five consumer discretionary stocks with strong potential for 2023. These stocks have seen positive earnings estimate revisions in the last 60 days. Each of our picks carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
The chart below shows the price performance of our five picks in the past three months.
Image Source: Zacks Investment Research
Deckers Outdoor is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities.
DECK’s focus on expanding brand assortments, introducing more innovative lines of products, targeting consumers digitally and optimizing omni-channel distribution have been contributing to its performance. DECK is targeting profitable and underpenetrated markets, and remains focused on product innovations, store expansion and enhancing e-commerce capabilities.
Deckers Outdoor has an expected earnings growth rate of 11.4% for the current year (ending March 2023). The Zacks Consensus Estimate for current-year earnings improved 0.1% over the last 60 days.
Activision Blizzard develops and distributes content and services on video game consoles, personal computers and mobile devices. ATVI’s top line is expected to benefit from an expanding user base of Call of Duty (COD), Hearthstone, World of Warcraft (WoW) and Candy Crush franchises. This is expected to boost in-games spending. Moreover, the growing popularity of Diablo II: Resurrected is expected to boost top-line growth. ATVI’s strong liquidity position and free cash flow generation ability are noteworthy.
Activision Blizzard has an expected earnings growth rate of 28.6% for the current year. The Zacks Consensus Estimate for current-year earnings improved 0.3% over the last 30 days.
Live Nation Entertainment has been benefiting from pent-up demand for live events and robust ticket sales. These, along with increased demand for digital ticketing and contactless transactions, are likely to have contributed to the upside.
LYV remains optimistic about its growth prospects in 2022 and 2023. Emphasis on cost-saving efforts bodes well. For concerts, Live Nation Entertainment said that it has already sold more than 100 million tickets for shows in the second half of 2022 and 2023. LYV is likely to benefit from the OCESA buyout.
Live Nation Entertainment has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.1% over the last 30 days.
Ralph Lauren designs, markets and distributes lifestyle products in North America, Europe, Asia, and internationally. RL is progressing well with its “Next Great Chapter” plan that was announced in June 2018. This strategic growth plan focuses on delivering sustainable long-term growth and value creation.
RL has gained from brand strength, solid demand, and expansion across all channels and regions. Favorable product mix and robust full-priced selling trends have been aiding AURs. Also, a solid online show bodes well.
Ralph Lauren has an expected earnings growth rate of 13.4% for next- year (ending March 2024). The Zacks Consensus Estimate for next-year earnings improved 1.3% over the last 30 days.
NIKE boasts a robust surprise trend, which continued in first-quarter fiscal 2023. NKE gained from brand strength, robust consumer demand and an innovative product pipeline. Its Consumer Direct Acceleration strategy, along with robust performance in its digital and DTC businesses also aided results.
The NIKE Direct business benefited from double-digit currency-neutral growth in North America, EMEA and APLA, offset by weakness in Greater China. NKE has been benefiting from its efficient digital ecosystem, which comprises its online site as well as commercial and activity apps.
NIKE has an expected earnings growth rate of 25.4% for next year (ending May 2024). The Zacks Consensus Estimate for next-year earnings improved 26.7% over the last 60 days.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Activision Blizzard, Inc (ATVI) : Free Stock Analysis Report
NIKE, Inc. (NKE) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Ralph Lauren Corporation (RL) : Free Stock Analysis Report
Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Five such stocks are - Deckers Outdoor Corp. DECK, Activision Blizzard Inc. ATVI, Live Nation Entertainment Inc. LYV, Ralph Lauren Corp. RL and NIKE Inc. NKE. DECK’s focus on expanding brand assortments, introducing more innovative lines of products, targeting consumers digitally and optimizing omni-channel distribution have been contributing to its performance. Image Source: Zacks Investment Research Deckers Outdoor is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities.
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Five such stocks are - Deckers Outdoor Corp. DECK, Activision Blizzard Inc. ATVI, Live Nation Entertainment Inc. LYV, Ralph Lauren Corp. RL and NIKE Inc. NKE. Click to get this free report Activision Blizzard, Inc (ATVI) : Free Stock Analysis Report NIKE, Inc. (NKE) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report To read this article on Zacks.com click here. Image Source: Zacks Investment Research Deckers Outdoor is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities.
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Click to get this free report Activision Blizzard, Inc (ATVI) : Free Stock Analysis Report NIKE, Inc. (NKE) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report Live Nation Entertainment, Inc. (LYV) : Free Stock Analysis Report To read this article on Zacks.com click here. Five such stocks are - Deckers Outdoor Corp. DECK, Activision Blizzard Inc. ATVI, Live Nation Entertainment Inc. LYV, Ralph Lauren Corp. RL and NIKE Inc. NKE. Image Source: Zacks Investment Research Deckers Outdoor is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities.
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Five such stocks are - Deckers Outdoor Corp. DECK, Activision Blizzard Inc. ATVI, Live Nation Entertainment Inc. LYV, Ralph Lauren Corp. RL and NIKE Inc. NKE. Image Source: Zacks Investment Research Deckers Outdoor is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. DECK’s focus on expanding brand assortments, introducing more innovative lines of products, targeting consumers digitally and optimizing omni-channel distribution have been contributing to its performance.
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cf1d8358-22f6-464e-9f42-7b557baf01bb
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723964.0
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2023-01-23 00:00:00 UTC
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Deckers Outdoor Corp. Shares Close in on 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-close-in-on-52-week-high-market-mover-1
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nan
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nan
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Deckers Outdoor Corp. (DECK) shares closed today at 1.3% below its 52 week high of $428.13, giving the company a market cap of $11B. The stock is currently up 5.8% year-to-date, up 35.5% over the past 12 months, and up 379.5% over the past five years. This week, the Dow Jones Industrial Average fell 1.9%, and the S&P 500 rose 0.5%.
Trading Activity
Trading volume this week was 11.3% lower than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.
Technical Indicators
The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -58.9%
The company's stock price performance over the past 12 months beats the peer average by -1294.3%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 73.9% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.3% below its 52 week high of $428.13, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average fell 1.9%, and the S&P 500 rose 0.5%. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -58.9% The company's stock price performance over the past 12 months beats the peer average by -1294.3% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 73.9% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.3% below its 52 week high of $428.13, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average fell 1.9%, and the S&P 500 rose 0.5%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.3% below its 52 week high of $428.13, giving the company a market cap of $11B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -58.9% The company's stock price performance over the past 12 months beats the peer average by -1294.3% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 73.9% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.3% below its 52 week high of $428.13, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average fell 1.9%, and the S&P 500 rose 0.5%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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3cdd4eba-4686-4f4f-9786-0e61024eeec3
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723965.0
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2023-01-23 00:00:00 UTC
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Here's Why Deckers (DECK) Stock Seems a Promising Bet Now
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DECK
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https://www.nasdaq.com/articles/heres-why-deckers-deck-stock-seems-a-promising-bet-now
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nan
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nan
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Deckers Outdoor Corporation DECK stock has been doing well on bourses, thanks to its efforts related to product innovations, store expansion and enhancement of e-commerce capabilities. DECK’s focus on expanding its brand assortments, bringing a more innovative line of products and optimizing omnichannel distribution bode well.
Buoyed by the aforesaid tailwinds, this major footwear and accessories designer shares have appreciated 43.5%, comfortably outperforming the industry’s 15.9% growth. An impressive long-term projected growth rate of 18% further highlights the strength of this current Zacks Rank #2 (Buy) stock.
In addition, analysts seem optimistic about the stock. The Zacks Consensus Estimate for Deckers’ fiscal 2023 sales and earnings per share (EPS) is currently pegged at $3.50 billion and $18.11, respectively. These estimates suggest growth of 11.2% and 11.4%, respectively, from the year-ago fiscal quarter’s corresponding figures. The consensus estimate for next fiscal year’s sales and EPS of $3.86 billion and $21.19, respectively reflects a corresponding increase of 10.1% and 17% year over year.
Let’s Delve Deep
Deckers is targeting profitable and underpenetrated markets to boost overall sales. Greater acceptance of the UGG brand's diverse product line along with the progress in Europe and Asia Pacific bode well. The HOKA ONE ONE brand is also performing impressively. The brand continues to build its customer base through a combination of robust product innovation and a disciplined marketing approach.
Image Source: Zacks Investment Research
Deckers is progressing toward building HOKA ONE ONE into a major multibillion-dollar player, elevating UGG as a global lifestyle brand with diverse product offerings and enhancing direct-to-consumer (DTC) business. The company plans to open additional retail stores for the HOKA brand and to continue exploring opportunities to strategically expand the brand’s retail store fleet.
Management has also been constantly developing its e-commerce portal to efficiently resonate with the evolving trends. The company is focused on opening smaller concept omnichannel outlets and expanding programs such as Retail Inventory Online, Infinite UGG, Buy Online, Return In Store and Click and Collect to enrich customers’ shopping experience.
Markedly, DTC revenues grew 26% during the first half of fiscal 2023. HOKA continues to be a key driver of consolidated growth. The brand's growth rate increased in the fiscal second quarter, reflecting an overall increase of 66% in the first half. UGG also contributed to the first-half performance, as the brand reverted to growth in the second quarter, leading to a 4% jump for the brand in the first half.
Furthermore, Deckers is focused on product and marketing strategies that are more skewed toward customers. The company has also been focusing on expanding its product categories per the customer purchasing trends that differ with the weather. Its brand strength also bodes well. During the second-quarter fiscal 2023, HOKA ONE ONE brand net sales surged 58.3% while UGG brand net sales grew 6.3% and Teva brand net sales increased 4.3% year over year.
We believe that the company’s focus on ramping up inventory, optimizing channel mix to fulfill consumer demand, scaling production to support brands and implementing price increases should position it well for growth.
Eye These Solid Picks Too
Here we highlighted three other top-ranked stocks, namely, Oxford Industries OXM, lululemon athletica LULU and Ralph Lauren RL.
Oxford Industries, which designs, sources, markets and distributes lifestyle products and other brands, sports a Zacks Rank #1 (Strong Buy). Oxford Industries has a trailing four-quarter earnings surprise of 18.9%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for OXM’s current financial-year sales and EPS suggests growth of 23.3% and 34.4% from the year-ago reported numbers.
lululemon athletica is a yoga-inspired athletic apparel company. LULU has a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for lululemon athletica’s current financial-year sales and EPS suggests growth of 28.3% and 27.2%, respectively, from the year-ago corresponding figures. LULU has a trailing four-quarter earnings surprise of 6.7%, on average.
Ralph Lauren, a footwear and accessories dealer, has a Zacks Rank of 2 at present. RL has a trailing four-quarter earnings surprise of 28.7%, on average.
The Zacks Consensus Estimate for Ralph Lauren’s next financial-year sales and EPS suggests growth of 5% and 13.4%, respectively, from the year-ago corresponding figures.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Ralph Lauren Corporation (RL) : Free Stock Analysis Report
lululemon athletica inc. (LULU) : Free Stock Analysis Report
Oxford Industries, Inc. (OXM) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Image Source: Zacks Investment Research Deckers is progressing toward building HOKA ONE ONE into a major multibillion-dollar player, elevating UGG as a global lifestyle brand with diverse product offerings and enhancing direct-to-consumer (DTC) business. Deckers Outdoor Corporation DECK stock has been doing well on bourses, thanks to its efforts related to product innovations, store expansion and enhancement of e-commerce capabilities. DECK’s focus on expanding its brand assortments, bringing a more innovative line of products and optimizing omnichannel distribution bode well.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation DECK stock has been doing well on bourses, thanks to its efforts related to product innovations, store expansion and enhancement of e-commerce capabilities. DECK’s focus on expanding its brand assortments, bringing a more innovative line of products and optimizing omnichannel distribution bode well.
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Image Source: Zacks Investment Research Deckers is progressing toward building HOKA ONE ONE into a major multibillion-dollar player, elevating UGG as a global lifestyle brand with diverse product offerings and enhancing direct-to-consumer (DTC) business. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation DECK stock has been doing well on bourses, thanks to its efforts related to product innovations, store expansion and enhancement of e-commerce capabilities.
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DECK’s focus on expanding its brand assortments, bringing a more innovative line of products and optimizing omnichannel distribution bode well. The Zacks Consensus Estimate for Deckers’ fiscal 2023 sales and earnings per share (EPS) is currently pegged at $3.50 billion and $18.11, respectively. Deckers Outdoor Corporation DECK stock has been doing well on bourses, thanks to its efforts related to product innovations, store expansion and enhancement of e-commerce capabilities.
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30868418-e2ff-41a2-8977-bc8b74843837
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723966.0
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2023-01-22 00:00:00 UTC
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Deckers Outdoor Corp. Shares Approach 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-approach-52-week-high-market-mover-0
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nan
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nan
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Deckers Outdoor Corp. (DECK) shares closed today at 1.1% below its 52 week high of $427.01, giving the company a market cap of $11B. The stock is currently up 4.7% year-to-date, up 34.1% over the past 12 months, and up 384.3% over the past five years. This week, the Dow Jones Industrial Average fell 2.6%, and the S&P 500 fell 0.7%.
Trading Activity
Trading volume this week was 16.9% lower than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.
Technical Indicators
The Relative Strength Index (RSI) on the stock was between 30 and 70.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -53.8%
The company's stock price performance over the past 12 months beats the peer average by -665.5%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 76.8% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.1% below its 52 week high of $427.01, giving the company a market cap of $11B. Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -53.8% The company's stock price performance over the past 12 months beats the peer average by -665.5% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 76.8% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.1% below its 52 week high of $427.01, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average fell 2.6%, and the S&P 500 fell 0.7%. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -53.8% The company's stock price performance over the past 12 months beats the peer average by -665.5% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 76.8% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.1% below its 52 week high of $427.01, giving the company a market cap of $11B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -53.8% The company's stock price performance over the past 12 months beats the peer average by -665.5% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 76.8% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.1% below its 52 week high of $427.01, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average fell 2.6%, and the S&P 500 fell 0.7%. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.
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4d5c779d-4973-4367-bd59-d7f91ef07e06
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723967.0
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2023-01-20 00:00:00 UTC
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IMAX (IMAX) Partners With Aeon to Expand Its Footprint in Japan
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DECK
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https://www.nasdaq.com/articles/imax-imax-partners-with-aeon-to-expand-its-footprint-in-japan
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nan
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nan
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Imax IMAX announced that it collaborated with Aeon Entertainment again to open seven more cinema halls in Japan by summer 2023.
The initiative comes on the heels of Japan emerging as the third-highest-grossingglobal marketin 2022 with more than $73 million at the box office. Avatar: The Way of Water, which was released only on a fraction of the total screens, marks 20% of the total Japan box office, whereas Top Gun: Maverick generated $18 million.
Imax also witnessed a good response to Indian movies, as RRR generated $5 million within a week of release. Along with this, local films such as Suzume, Your Name, Weathering With You, and 5 Centimeters Per Second have contributed $40.2 million to Imax’s total box office sales in Japan.
It is expected that these upcoming theaters would attract more viewers and aid Imax’s top line, as these theaters are to be equipped with advanced laser technology that will deliver bright life-like images and crystal-clear audio that enhances the movie experience.
Imax Makes Massive Expansion in Asia and the Middle East
The lifting of covid restrictions, which is allowing people to move outdoors, could increase footfall at cinema theaters. Per Variety, the world's cinema exhibition market is expected to grow 12% in 2023 to reach $29 billion.
To take advantage of the opportunity, Imax has been investing heavily in expanding its presence in major markets, especially that of Asia and the Middle East.
Last year, Imax entered an agreement with China’s Wanda Films to install six multiplexes across the country, and relocate and upgrade three existing cinema halls. With the zero-covid policy finally being removed, China could aid Imax’s top line as it is its second-highest revenue-generating market.
IMAX Corporation Price and Consensus
IMAX Corporation price-consensus-chart | IMAX Corporation Quote
Additionally, Imax also extended its partnership with AMC Cinemas to open six new multiplexes in the region, which currently just has three. The deal also promises to grow their partnership to a planned 18 screens in 12 cities across the country.
It also announced its plans to add six more screens in India during 2023 after seeing 41% growth in the Indian markets. Imax aims to touch the 100-screen mark in the next five years in the country, which currently stands at 41.
Despite these expansions, Imax has to face heavy headwinds from the streaming industry, which may hinder its growth and not give successful returns on such heavy investments that the company is making under multiple deals. Per Business Research Company, the global content streaming market size is expected to grow from $121.75 billion in 2022 to $138.60 billion in 2023.
Shares of Imax have declined 10.3% in the past year compared with the Zacks Consumer Discretionary space's dip of 25.1%.
Zack Rank & Other Stocks to Consider
Imax currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Some other top-ranked stocks in the same sector are Deckers Outdoor DECK, Liberty Global LBTYA and Nexstar Media Group NXST, each sporting a Zacks Rank #1 at present.
Shares of Deckers Outdoor have gained 32.4% in the past year. The Zacks Consensus Estimate for earnings is pegged at $9.41 per share, which has declined 0.6% over the past 30 days.
Shares of Nexstar Media Group have gained 12.4% in the past year. The Zacks Consensus Estimate for earnings is pegged at $7.57 per share, which has been unchanged over the past 30 days.
Shares of Liberty Global have declined 24.4% in the past year. Its earnings are estimated to be 49 cents per share.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Liberty Global PLC (LBTYA) : Free Stock Analysis Report
Nexstar Media Group, Inc (NXST) : Free Stock Analysis Report
IMAX Corporation (IMAX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Some other top-ranked stocks in the same sector are Deckers Outdoor DECK, Liberty Global LBTYA and Nexstar Media Group NXST, each sporting a Zacks Rank #1 at present. Shares of Deckers Outdoor have gained 32.4% in the past year. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Liberty Global PLC (LBTYA) : Free Stock Analysis Report Nexstar Media Group, Inc (NXST) : Free Stock Analysis Report IMAX Corporation (IMAX) : Free Stock Analysis Report To read this article on Zacks.com click here.
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Some other top-ranked stocks in the same sector are Deckers Outdoor DECK, Liberty Global LBTYA and Nexstar Media Group NXST, each sporting a Zacks Rank #1 at present. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Liberty Global PLC (LBTYA) : Free Stock Analysis Report Nexstar Media Group, Inc (NXST) : Free Stock Analysis Report IMAX Corporation (IMAX) : Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Deckers Outdoor have gained 32.4% in the past year.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Liberty Global PLC (LBTYA) : Free Stock Analysis Report Nexstar Media Group, Inc (NXST) : Free Stock Analysis Report IMAX Corporation (IMAX) : Free Stock Analysis Report To read this article on Zacks.com click here. Some other top-ranked stocks in the same sector are Deckers Outdoor DECK, Liberty Global LBTYA and Nexstar Media Group NXST, each sporting a Zacks Rank #1 at present. Shares of Deckers Outdoor have gained 32.4% in the past year.
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Some other top-ranked stocks in the same sector are Deckers Outdoor DECK, Liberty Global LBTYA and Nexstar Media Group NXST, each sporting a Zacks Rank #1 at present. Shares of Deckers Outdoor have gained 32.4% in the past year. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Liberty Global PLC (LBTYA) : Free Stock Analysis Report Nexstar Media Group, Inc (NXST) : Free Stock Analysis Report IMAX Corporation (IMAX) : Free Stock Analysis Report To read this article on Zacks.com click here.
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4731a4fc-e57d-4f49-b21e-99d1fa36d1a4
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723968.0
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2023-01-16 00:00:00 UTC
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Deckers Outdoor Corp. Shares Approach 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-approach-52-week-high-market-mover
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nan
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nan
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Deckers Outdoor Corp. (DECK) shares closed today at 0.6% below its 52 week high of $422.69, giving the company a market cap of $11B. The stock is currently up 5.5% year-to-date, up 30.0% over the past 12 months, and up 411.8% over the past five years. This week, the Dow Jones Industrial Average rose 2.3%, and the S&P 500 rose 2.7%.
Trading Activity
Trading volume this week was 7.0% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.
Technical Indicators
The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -55.2%
The company's stock price performance over the past 12 months beats the peer average by -380.2%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 74.3% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.6% below its 52 week high of $422.69, giving the company a market cap of $11B. Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -55.2% The company's stock price performance over the past 12 months beats the peer average by -380.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 74.3% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.6% below its 52 week high of $422.69, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 2.3%, and the S&P 500 rose 2.7%. Trading Activity Trading volume this week was 7.0% higher than the 20-day average.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.6% below its 52 week high of $422.69, giving the company a market cap of $11B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -55.2% The company's stock price performance over the past 12 months beats the peer average by -380.2% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 74.3% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.6% below its 52 week high of $422.69, giving the company a market cap of $11B. This week, the Dow Jones Industrial Average rose 2.3%, and the S&P 500 rose 2.7%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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865d39f4-ab74-4bb9-8596-548f43e54138
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723969.0
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2023-01-13 00:00:00 UTC
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Shaw Communications (SJR) Q1 Earnings Miss, Revenues Beat
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DECK
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https://www.nasdaq.com/articles/shaw-communications-sjr-q1-earnings-miss-revenues-beat
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nan
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nan
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Shaw Communications SJR reported first-quarter fiscal 2023 adjusted earnings from continuing operations of 25 cents per share, missing the Zacks Consensus Estimate by 7.4%.
Total revenues came in at $1.016 billion, beating the consensus mark by 0.14%.
In domestic currency, SJR reported earnings of C$0.34 per share, down 12.8% year over year. Total revenues decreased 1.2% year over year to C$1.37 billion.
As previously disclosed, in order to permit continued engagement with the pending regulatory approval processes and related hearings, Rogers Communications RCI, Shaw and the Shaw Family Living Trust have agreed to extend the outside date for closing the Rogers-Shaw Transaction from Jul 31, 2022, to Dec 31, 2022, which may further be extended to Jan 31, 2023, at the option of Rogers or Shaw, demonstrating their commitment to completing this transformative combination.
Shaw Communications Inc. Price, Consensus and EPS Surprise
Shaw Communications Inc. price-consensus-eps-surprise-chart | Shaw Communications Inc. Quote
Segmental Update
Wireline revenues (75% of total revenues) dropped 2.7% year over year to C$1.02 billion.
Wireline - Consumer revenues fell 3.2% to C$867 million as Internet revenue growth was offset by declines in Video, Satellite and Phone subscribers, and revenues. Wireline - Business revenues of C$161 million was flat year over year.
Wireless revenues (25.2% of the total revenues) increased 3.9% year over year to C$345 million.
In the fiscal first quarter, the company added more than 13,800 Wireless customers, consisting primarily of 12,300 prepaid customers. Postpaid net additions of approximately 1,500 in the quarter were characterized by lower year-over-year Shaw Mobile activity, higher churn and increased competitive intensity.
Wireless average revenue per user decreased 1% from the prior year period to $36.58. Wireless postpaid churn increased 19 basis points (bps) from the first quarter of fiscal 2022 to 1.89%.
Wireless - Service revenues (73% of segment revenues) were up 5.4% from the year-ago quarter to C$252 million.
Wireless - Equipment revenues (27% of segment revenues) remained flat year over year at C$93 million.
Operating Details
In first-quarter fiscal 2023, adjusted EBITDA dropped 2.5% year over year to C$617 million. The adjusted EBITDA margin contracted 60 basis points on a year-over-year basis to 45%.
Segment-wise, Wireline’s adjusted EBITDA dropped 5.3% to C$496 million. The Wireline segment’s adjusted EBITDA margin contracted 130 bps on a year-over-year basis to 48.2%.
Wireless adjusted EBITDA increased 11% to C$121 million. The Wireless segment’s adjusted EBITDA margin expanded 240 bps on a year-over-year basis to 48%.
Cash Flow Details
As of Nov 3, 2022, Shaw Communications had cash and cash equivalents of C$287 million. The company’s net debt position was C$5.56 billion.
Cash flow from operations for the quarter of C$487 million decreased 0.8% from C$491 million in the first quarter of fiscal 2022 primarily due to the decrease in net income, partially offset by an increase in non-cash future income tax expenses.
Capital expenditure in the fiscal first quarter was C$303 million compared with C$299 million in the prior year.
Free cash flow for the quarter of $113 million decreased 55.7% from $255 million in the prior year. The decrease was due to raised capital expenditure, higher income taxes paid and lower revenues.
At the end of fiscal 2022, the net debt leverage ratio was 2.2X, below management’s optimal range of 2.5X-3X.
Zacks Rank & Stocks to Consider
Shaw Communications currently has a Zacks Rank #4 (Sell).
Some better-ranked stocks in the same sector are American Public Education APEI and Deckers Outdoor DECK, each currently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
American Public Education’s share price has decreased 41.8% in the past year. The Zacks Consensus Estimate for earnings is pegged at a loss of 13 cents, unchanged over the past 30 days.
Deckers Outdoor gained 19.6% in the past year. Its consensus estimate is pegged at $9.41, which has decreased 0.6% in the past month.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Rogers Communication, Inc. (RCI) : Free Stock Analysis Report
American Public Education, Inc. (APEI) : Free Stock Analysis Report
Shaw Communications Inc. (SJR) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Some better-ranked stocks in the same sector are American Public Education APEI and Deckers Outdoor DECK, each currently sporting a Zacks Rank #1 (Strong Buy). Deckers Outdoor gained 19.6% in the past year. Click to get this free report Rogers Communication, Inc. (RCI) : Free Stock Analysis Report American Public Education, Inc. (APEI) : Free Stock Analysis Report Shaw Communications Inc. (SJR) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Rogers Communication, Inc. (RCI) : Free Stock Analysis Report American Public Education, Inc. (APEI) : Free Stock Analysis Report Shaw Communications Inc. (SJR) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report To read this article on Zacks.com click here. Some better-ranked stocks in the same sector are American Public Education APEI and Deckers Outdoor DECK, each currently sporting a Zacks Rank #1 (Strong Buy). Deckers Outdoor gained 19.6% in the past year.
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Click to get this free report Rogers Communication, Inc. (RCI) : Free Stock Analysis Report American Public Education, Inc. (APEI) : Free Stock Analysis Report Shaw Communications Inc. (SJR) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report To read this article on Zacks.com click here. Some better-ranked stocks in the same sector are American Public Education APEI and Deckers Outdoor DECK, each currently sporting a Zacks Rank #1 (Strong Buy). Deckers Outdoor gained 19.6% in the past year.
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Some better-ranked stocks in the same sector are American Public Education APEI and Deckers Outdoor DECK, each currently sporting a Zacks Rank #1 (Strong Buy). Deckers Outdoor gained 19.6% in the past year. Click to get this free report Rogers Communication, Inc. (RCI) : Free Stock Analysis Report American Public Education, Inc. (APEI) : Free Stock Analysis Report Shaw Communications Inc. (SJR) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report To read this article on Zacks.com click here.
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e1f89f4f-65ca-42b1-89dc-bf8e09a777ec
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723970.0
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2023-01-11 00:00:00 UTC
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Deckers Outdoor Corp. Shares Climb 0.8% Past Previous 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-climb-0.8-past-previous-52-week-high-market-mover
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nan
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nan
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Deckers Outdoor Corp. (DECK) shares closed 0.8% higher than its previous 52 week high, giving the company a market cap of $10B. The stock is currently up 2.8% year-to-date, up 20.9% over the past 12 months, and up 402.4% over the past five years. This week, the Dow Jones Industrial Average rose 2.2%, and the S&P 500 rose 3.1%.
Trading Activity
Trading volume this week was 12.8% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.
Technical Indicators
The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -71.4%
The company's stock price performance over the past 12 months beats the peer average by -247.8%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 72.6% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed 0.8% higher than its previous 52 week high, giving the company a market cap of $10B. Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -71.4% The company's stock price performance over the past 12 months beats the peer average by -247.8% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 72.6% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed 0.8% higher than its previous 52 week high, giving the company a market cap of $10B. This week, the Dow Jones Industrial Average rose 2.2%, and the S&P 500 rose 3.1%. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -71.4% The company's stock price performance over the past 12 months beats the peer average by -247.8% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 72.6% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed 0.8% higher than its previous 52 week high, giving the company a market cap of $10B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -71.4% The company's stock price performance over the past 12 months beats the peer average by -247.8% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 72.6% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed 0.8% higher than its previous 52 week high, giving the company a market cap of $10B. This week, the Dow Jones Industrial Average rose 2.2%, and the S&P 500 rose 3.1%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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94a5d418-a21f-49a3-a12a-6250d324e899
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723971.0
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2023-01-10 00:00:00 UTC
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Deckers Outdoor Corp. Shares Close in on 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-close-in-on-52-week-high-market-mover
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nan
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nan
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Deckers Outdoor Corp. (DECK) shares closed today at 0.7% below its 52 week high of $413.35, giving the company a market cap of $10B. The stock is currently up 1.7% year-to-date, up 22.4% over the past 12 months, and up 403.8% over the past five years. This week, the Dow Jones Industrial Average rose 1.8%, and the S&P 500 rose 2.6%.
Trading Activity
Trading volume this week was 4.8% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.
Technical Indicators
The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -74.4%
The company's stock price performance over the past 12 months beats the peer average by -245.0%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 75.0% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.7% below its 52 week high of $413.35, giving the company a market cap of $10B. Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -74.4% The company's stock price performance over the past 12 months beats the peer average by -245.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 75.0% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.7% below its 52 week high of $413.35, giving the company a market cap of $10B. This week, the Dow Jones Industrial Average rose 1.8%, and the S&P 500 rose 2.6%. Trading Activity Trading volume this week was 4.8% higher than the 20-day average.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.7% below its 52 week high of $413.35, giving the company a market cap of $10B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -74.4% The company's stock price performance over the past 12 months beats the peer average by -245.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 75.0% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed today at 0.7% below its 52 week high of $413.35, giving the company a market cap of $10B. This week, the Dow Jones Industrial Average rose 1.8%, and the S&P 500 rose 2.6%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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3d772dc1-8f0f-42bd-ab00-fb470421bf6b
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723972.0
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2023-01-10 00:00:00 UTC
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Notable Tuesday Option Activity: LTH, DECK, EXAS
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DECK
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https://www.nasdaq.com/articles/notable-tuesday-option-activity%3A-lth-deck-exas
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nan
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nan
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Life Time Group Holdings Inc (Symbol: LTH), where a total volume of 3,180 contracts has been traded thus far today, a contract volume which is representative of approximately 318,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67.2% of LTH's average daily trading volume over the past month, of 473,535 shares. Particularly high volume was seen for the $15 strike call option expiring April 21, 2023, with 1,711 contracts trading so far today, representing approximately 171,100 underlying shares of LTH. Below is a chart showing LTH's trailing twelve month trading history, with the $15 strike highlighted in orange:
Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 2,307 contracts thus far today. That number of contracts represents approximately 230,700 underlying shares, working out to a sizeable 67.1% of DECK's average daily trading volume over the past month, of 343,635 shares. Especially high volume was seen for the $190 strike put option expiring June 16, 2023, with 495 contracts trading so far today, representing approximately 49,500 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $190 strike highlighted in orange:
And EXACT Sciences Corp. (Symbol: EXAS) saw options trading volume of 20,429 contracts, representing approximately 2.0 million underlying shares or approximately 64.4% of EXAS's average daily trading volume over the past month, of 3.2 million shares. Particularly high volume was seen for the $50 strike put option expiring February 17, 2023, with 7,756 contracts trading so far today, representing approximately 775,600 underlying shares of EXAS. Below is a chart showing EXAS's trailing twelve month trading history, with the $50 strike highlighted in orange:
For the various different available expirations for LTH options, DECK options, or EXAS options, visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
Also see:
PAVM Average Annual Return
PLNT market cap history
ASMB Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Especially high volume was seen for the $190 strike put option expiring June 16, 2023, with 495 contracts trading so far today, representing approximately 49,500 underlying shares of DECK. Below is a chart showing LTH's trailing twelve month trading history, with the $15 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 2,307 contracts thus far today. That number of contracts represents approximately 230,700 underlying shares, working out to a sizeable 67.1% of DECK's average daily trading volume over the past month, of 343,635 shares.
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Below is a chart showing LTH's trailing twelve month trading history, with the $15 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 2,307 contracts thus far today. Below is a chart showing DECK's trailing twelve month trading history, with the $190 strike highlighted in orange: And EXACT Sciences Corp. (Symbol: EXAS) saw options trading volume of 20,429 contracts, representing approximately 2.0 million underlying shares or approximately 64.4% of EXAS's average daily trading volume over the past month, of 3.2 million shares. Below is a chart showing EXAS's trailing twelve month trading history, with the $50 strike highlighted in orange: For the various different available expirations for LTH options, DECK options, or EXAS options, visit StockOptionsChannel.com.
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Especially high volume was seen for the $190 strike put option expiring June 16, 2023, with 495 contracts trading so far today, representing approximately 49,500 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $190 strike highlighted in orange: And EXACT Sciences Corp. (Symbol: EXAS) saw options trading volume of 20,429 contracts, representing approximately 2.0 million underlying shares or approximately 64.4% of EXAS's average daily trading volume over the past month, of 3.2 million shares. Below is a chart showing LTH's trailing twelve month trading history, with the $15 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 2,307 contracts thus far today.
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Especially high volume was seen for the $190 strike put option expiring June 16, 2023, with 495 contracts trading so far today, representing approximately 49,500 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $190 strike highlighted in orange: And EXACT Sciences Corp. (Symbol: EXAS) saw options trading volume of 20,429 contracts, representing approximately 2.0 million underlying shares or approximately 64.4% of EXAS's average daily trading volume over the past month, of 3.2 million shares. Below is a chart showing EXAS's trailing twelve month trading history, with the $50 strike highlighted in orange: For the various different available expirations for LTH options, DECK options, or EXAS options, visit StockOptionsChannel.com.
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850ad88b-b02b-4e9f-b87a-ba2f62388e01
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723973.0
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2023-01-10 00:00:00 UTC
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Warner Bros. Discovery (WBD) Signs New Deal With Greg Berlanti
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DECK
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https://www.nasdaq.com/articles/warner-bros.-discovery-wbd-signs-new-deal-with-greg-berlanti
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nan
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nan
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Warner Bros. Discovery WBD recently announced that it has signed a new deal with the renowned American screenwriter and director, Greg Berlanti to develop new television programming that will be released on all platforms of Warner Bros. Discovery like streaming, cable and broadcasting networks.
Greg Berlanti’s Berlanti Productions has produced or created more than 40 shows in the last 20 years, with more than 1,300 hours of television for Warner. Bros Discovery. Its characters such as The Flash, Superman, Green Arrow, Supergirl, and Batwoman, which are now on CW Networks, have been highly appreciated and cherished by fans.
In addition to its current slate of shows on HBO Max that includes Doom Patrol, Titans and The Flight Attendant, Berlanti Productions is producing the HBO series The Girls on the Bus, which will star Melissa Benoist and Tala Ashe and also Green Lantern.
Greg’s prolific and powerful storytelling is expected to continue to provide the audience with engaging content and boost viewership on various platforms of Warner Bros. Discovery.
HBO Max Boosts Its Slate of Content
After a messy merger of Warner Media and Discovery where the company had to cut down costs on HBO max and also restructure the streaming service, the company has finally started to focus on upgrading its content library.
Barry, a dark comedy-drama series along with the award-winning black comedy-drama, Succession is scheduled to return on HBO Max in spring 2023 for its fourth season.
Perry Mason, whose character is one of the most popular fictional criminal attorneys based on the writings of author Erle Stanley Gardner, is returning on HBO with its second season after a two-year hiatus. Per Deadline, season one recorded 1.7 million total viewers, marking the strongest debut night of any series on HBO. Season 2 could also witness the same craze among fans and break records.
Besides bringing sequels of already renowned series and retaining existing viewers, HBO is also expanding its pipeline with some additional content that could draw new users as well.
The Idol, which is an upcoming drama TV series created by The Weeknd, Reza Fahim, and Sam Levinson, The White House Plumbers that depicts political drama miniseries, which is loosely based on Egil Krogh and Matthew Krogh’s 2007 book Integrity and The Last of Us that brings in a post-apocalyptic drama TV series based on the 2013 video game of the same name are some of them.
These wide ranges of upcoming content on HBO could bolster its top line and win back the trust and confidence of its viewers.
However, it is uncertain if these movies and series could perform well enough to shoulder the burden of the heavy debt of Warner Bros. Discovery, which currently stands at $50 billion. And in case they fail to make a hit and are not supported by the audience, they could probably just act as a nail in the coffin for the highly leveraged company.
Shares of Warner Bros. Discovery are down 59.5% year over year against the Zacks Consumer Discretionary sector, which fell 30.1%.
Zacks Rank & Stocks to Consider
Warner Bros. Discovery currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the same sector are American Public Education APEI, Deckers Outdoor DECK and Liberty Global LBTYA, each sporting a Zacks Rank #1 (Strong Buy).
American Public Education’s share price fell 41.8% in the past year. The Zacks Consensus Estimate for earnings is pegged at a loss of 13 cents, constant over the past 30 days.
Deckers Outdoor gained 19.6% in the past year. Its consensus estimate is pegged at $9.41, which has decreased 0.6% in the past month.
Liberty Globals’s share price decreased 3.9% in the past year.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
American Public Education, Inc. (APEI) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Liberty Global PLC (LBTYA) : Free Stock Analysis Report
Warner Bros. Discovery, Inc. (WBD) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Some better-ranked stocks in the same sector are American Public Education APEI, Deckers Outdoor DECK and Liberty Global LBTYA, each sporting a Zacks Rank #1 (Strong Buy). Deckers Outdoor gained 19.6% in the past year. Click to get this free report American Public Education, Inc. (APEI) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Liberty Global PLC (LBTYA) : Free Stock Analysis Report Warner Bros.
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Some better-ranked stocks in the same sector are American Public Education APEI, Deckers Outdoor DECK and Liberty Global LBTYA, each sporting a Zacks Rank #1 (Strong Buy). Click to get this free report American Public Education, Inc. (APEI) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Liberty Global PLC (LBTYA) : Free Stock Analysis Report Warner Bros. Deckers Outdoor gained 19.6% in the past year.
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Click to get this free report American Public Education, Inc. (APEI) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Liberty Global PLC (LBTYA) : Free Stock Analysis Report Warner Bros. Some better-ranked stocks in the same sector are American Public Education APEI, Deckers Outdoor DECK and Liberty Global LBTYA, each sporting a Zacks Rank #1 (Strong Buy). Deckers Outdoor gained 19.6% in the past year.
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Some better-ranked stocks in the same sector are American Public Education APEI, Deckers Outdoor DECK and Liberty Global LBTYA, each sporting a Zacks Rank #1 (Strong Buy). Deckers Outdoor gained 19.6% in the past year. Click to get this free report American Public Education, Inc. (APEI) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Liberty Global PLC (LBTYA) : Free Stock Analysis Report Warner Bros.
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073ca00b-224b-4e7f-a15c-3ebb2b55b16b
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723974.0
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2023-01-10 00:00:00 UTC
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Has Deckers Outdoor (DECK) Outpaced Other Consumer Discretionary Stocks This Year?
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DECK
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https://www.nasdaq.com/articles/has-deckers-outdoor-deck-outpaced-other-consumer-discretionary-stocks-this-year
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nan
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nan
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Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Deckers (DECK) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Deckers is a member of our Consumer Discretionary group, which includes 283 different companies and currently sits at #13 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Deckers is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for DECK's full-year earnings has moved 0% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, DECK has gained about 1.7% so far this year. Meanwhile, stocks in the Consumer Discretionary group have lost about 31.5% on average. This shows that Deckers is outperforming its peers so far this year.
Hilton Grand Vacations (HGV) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 8.5%.
For Hilton Grand Vacations, the consensus EPS estimate for the current year has increased 4.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Deckers belongs to the Shoes and Retail Apparel industry, a group that includes 11 individual companies and currently sits at #29 in the Zacks Industry Rank. This group has lost an average of 22.4% so far this year, so DECK is performing better in this area.
In contrast, Hilton Grand Vacations falls under the Hotels and Motels industry. Currently, this industry has 15 stocks and is ranked #146. Since the beginning of the year, the industry has moved -10.5%.
Investors with an interest in Consumer Discretionary stocks should continue to track Deckers and Hilton Grand Vacations. These stocks will be looking to continue their solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Hilton Grand Vacations Inc. (HGV) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers is a member of our Consumer Discretionary group, which includes 283 different companies and currently sits at #13 in the Zacks Sector Rank. Investors with an interest in Consumer Discretionary stocks should continue to track Deckers and Hilton Grand Vacations. Is Deckers (DECK) one of those stocks right now?
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Investors with an interest in Consumer Discretionary stocks should continue to track Deckers and Hilton Grand Vacations. Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Hilton Grand Vacations Inc. (HGV) : Free Stock Analysis Report To read this article on Zacks.com click here. Is Deckers (DECK) one of those stocks right now?
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Hilton Grand Vacations Inc. (HGV) : Free Stock Analysis Report To read this article on Zacks.com click here. Is Deckers (DECK) one of those stocks right now? Deckers is a member of our Consumer Discretionary group, which includes 283 different companies and currently sits at #13 in the Zacks Sector Rank.
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Deckers is a member of our Consumer Discretionary group, which includes 283 different companies and currently sits at #13 in the Zacks Sector Rank. Over the past 90 days, the Zacks Consensus Estimate for DECK's full-year earnings has moved 0% higher. Is Deckers (DECK) one of those stocks right now?
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cf57038c-cb2c-419d-8ecd-2d00ff9f7c3a
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723975.0
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2023-01-09 00:00:00 UTC
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Deckers Outdoor Corp. Shares Near 52-Week High - Market Mover
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp.-shares-near-52-week-high-market-mover
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nan
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nan
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Deckers Outdoor Corp. (DECK) shares closed today at 1.7% below its 52 week high of $412.95, giving the company a market cap of $10B. The stock is currently up 1.7% year-to-date, up 20.0% over the past 12 months, and up 407.3% over the past five years. This week, the Dow Jones Industrial Average rose 1.2%, and the S&P 500 rose 1.4%.
Trading Activity
Trading volume this week was 33.6% higher than the 20-day average.
Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3.
Technical Indicators
The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
MACD, a trend-following momentum indicator, indicates a downward trend.
The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
Per Group Comparative Performance
The company's stock price performance year-to-date lags the peer average by -64.4%
The company's stock price performance over the past 12 months beats the peer average by -205.5%
The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 77.0% higher than the average peer.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.7% below its 52 week high of $412.95, giving the company a market cap of $10B. Beta, a measure of the stock’s volatility relative to the overall market stands at 1.3. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -64.4% The company's stock price performance over the past 12 months beats the peer average by -205.5% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 77.0% higher than the average peer.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.7% below its 52 week high of $412.95, giving the company a market cap of $10B. This week, the Dow Jones Industrial Average rose 1.2%, and the S&P 500 rose 1.4%. Trading Activity Trading volume this week was 33.6% higher than the 20-day average.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.7% below its 52 week high of $412.95, giving the company a market cap of $10B. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Consumer Staples industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -64.4% The company's stock price performance over the past 12 months beats the peer average by -205.5% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 77.0% higher than the average peer. This story was produced by the Kwhen Automated News Generator.
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Deckers Outdoor Corp. (DECK) shares closed today at 1.7% below its 52 week high of $412.95, giving the company a market cap of $10B. This week, the Dow Jones Industrial Average rose 1.2%, and the S&P 500 rose 1.4%. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
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3363e071-0165-4bbb-acec-fc32e08bebb1
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723976.0
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2023-01-05 00:00:00 UTC
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Deckers (DECK) Stock Up 50% in Past Six Months: Here's Why
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DECK
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https://www.nasdaq.com/articles/deckers-deck-stock-up-50-in-past-six-months%3A-heres-why
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nan
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Deckers Outdoor Corporation DECK looks quite promising, thanks to its proven business strategies. In keeping with the changing trends, management has been constantly developing its e-commerce portal to capture incremental sales. This Goleta, CA-based company is focused on product innovations and store expansion. Markedly, this footwear and accessories designer’s shares have surged 50% in the past six months, outperforming the Zacks Shoes and Retail Apparel industry’s 14.4% growth. This industry currently ranks in the top 25% among all the Zacks classified industries.
Additionally, analysts look optimistic about the stock. For fiscal 2023, the Zacks Consensus Estimate for Deckers’ sales and earnings per share (EPS) is currently pegged at $3.50 billion and $18.11 each, suggesting growth of 11.2% and 11.4%, respectively, from the year-ago period’s corresponding figures. For fiscal 2024, the consensus estimate for sales and EPS presently stands at $3.86 billion and $21.19, respectively, indicating an increase of 10.1% and 17% each from the comparable previous fiscal year’s actuals.
A Value Score of A coupled with an impressive long-term expected earnings growth rate of 18% further speaks volumes for this current Zacks Rank #2 (Buy) stock.
Let’s Analyze Further
Deckers’ focus on expanding its brand assortments, bringing a more innovative line of products, targeting consumers digitally and optimizing omnichannel distribution bode well. Greater acceptance of the UGG brand's diverse product line along with the progress in Europe and Asia Pacific bode well. HOKA ONE ONE brand continues to build its customer base through a combination of disruptive product innovation and a disciplined marketing approach. In fact, DECK looks forward to building HOKA ONE ONE into a multibillion-dollar major player, elevating UGG as a global lifestyle brand with diverse product offerings around the year.
Image Source: Zacks Investment Research
Deckers is focused on opening smaller concept omnichannel outlets and expanding programs such as Retail Inventory Online; Infinite UGG; Buy Online, Return In Store; and Click and Collect to enhance customers’ shopping experience. The company plans to open additional retail stores for the HOKA brand and to continue exploring opportunities to strategically expand HOKA brand retail store fleet.
Apart from these efforts, Deckers remains committed to product and marketing strategies that are more skewed toward customers. It has been implementing customer relationship management software and concentrating on loyalty programs. Moreover, the company has been focusing on expanding its product categories according to the customer purchasing trends that change with the weather. Deckers has been paying more emphasis on casual boots, winter and weather boots and casual shoes.
Overall, Deckers’ focus on bolstering its e-commerce competencies and investments in digital marketing will continue aiding growth. Strength in DECK’s HOKA ONE ONE label and direct-to-consumer channel will keep driving growth.
Eye These Solid Picks Too
We highlighted three better-ranked stocks, namely, Oxford Industries OXM, lululemon athletica LULU and Skechers SKX.
Oxford Industries, which designs, sources, markets and distributes lifestyle products and other brands, sports a Zacks Rank #1 (Strong Buy). Oxford Industries has a trailing four-quarter earnings surprise of 18.9%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for OXM’s current financial-year EPS suggests growth of 34.2% from the year-ago reported number.
lululemon athletica is a yoga-inspired athletic apparel company. LULU has a Zacks Rank of 2 at present.
The Zacks Consensus Estimate for lululemon athletica’s current financial-year sales and EPS suggests growth of 27.7% and 27.5%, respectively, from the year-ago corresponding figures. LULU has a trailing four-quarter earnings surprise of 6.7%, on average.
Skechers, a footwear dealer, has a Zacks Rank of 2 at present. SKX has a trailing four-quarter earnings surprise of 4.7%, on average.
The Zacks Consensus Estimate for Skechers’ current financial-year sales and EPS suggests growth of 8.6% and 34.3%, respectively, from the year-ago corresponding figures.
Zacks Names "Single Best Pick to Double"
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
lululemon athletica inc. (LULU) : Free Stock Analysis Report
Oxford Industries, Inc. (OXM) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For fiscal 2023, the Zacks Consensus Estimate for Deckers’ sales and earnings per share (EPS) is currently pegged at $3.50 billion and $18.11 each, suggesting growth of 11.2% and 11.4%, respectively, from the year-ago period’s corresponding figures. Let’s Analyze Further Deckers’ focus on expanding its brand assortments, bringing a more innovative line of products, targeting consumers digitally and optimizing omnichannel distribution bode well. In fact, DECK looks forward to building HOKA ONE ONE into a multibillion-dollar major player, elevating UGG as a global lifestyle brand with diverse product offerings around the year.
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Image Source: Zacks Investment Research Deckers is focused on opening smaller concept omnichannel outlets and expanding programs such as Retail Inventory Online; Infinite UGG; Buy Online, Return In Store; and Click and Collect to enhance customers’ shopping experience. Click to get this free report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation DECK looks quite promising, thanks to its proven business strategies.
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For fiscal 2023, the Zacks Consensus Estimate for Deckers’ sales and earnings per share (EPS) is currently pegged at $3.50 billion and $18.11 each, suggesting growth of 11.2% and 11.4%, respectively, from the year-ago period’s corresponding figures. Image Source: Zacks Investment Research Deckers is focused on opening smaller concept omnichannel outlets and expanding programs such as Retail Inventory Online; Infinite UGG; Buy Online, Return In Store; and Click and Collect to enhance customers’ shopping experience. Click to get this free report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report To read this article on Zacks.com click here.
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Let’s Analyze Further Deckers’ focus on expanding its brand assortments, bringing a more innovative line of products, targeting consumers digitally and optimizing omnichannel distribution bode well. Deckers Outdoor Corporation DECK looks quite promising, thanks to its proven business strategies. For fiscal 2023, the Zacks Consensus Estimate for Deckers’ sales and earnings per share (EPS) is currently pegged at $3.50 billion and $18.11 each, suggesting growth of 11.2% and 11.4%, respectively, from the year-ago period’s corresponding figures.
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723977.0
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2022-12-27 00:00:00 UTC
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Zacks Industry Outlook Highlights NIKE, Deckers Outdoor, Skechers and Caleres
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DECK
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https://www.nasdaq.com/articles/zacks-industry-outlook-highlights-nike-deckers-outdoor-skechers-and-caleres
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For Immediate Release
Chicago, IL – December 27, 2022 – Today, Zacks Equity Research discusses NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Caleres CAL.
Industry: Shoes and Apparel
Link: https://www.zacks.com/commentary/2031743/4-shoes-retail-apparel-stocks-keeping-up-well-in-a-distressed-industry
The Zacks Shoes and Retail Apparel industry has been dealing with hardships related to elevated costs, disrupted supply chains, reduced spending trends on discretionary items, higher freight costs and increased marketing investments. These traits have been the key burdens on the participating companies' profits. Additionally, adverse currency movements threaten the industry players due to their worldwide presence.
However, the industry players are well-poised to benefit from the favorable health and wellness trends, which have been boosting the demand for activewear and athletic shoes. The new and innovative designs, along with increased consumer awareness about leading a healthy lifestyle, will likely continue aiding sales of fitness clothes and footwear. The industry players, focused on product innovation, store expansion, digital investments and omni-channel growth, are expected to gain.
The industry participants have been investing in product innovation to gain market share. Investments in products and e-commerce portals bode well for players like NIKE Inc., Deckers Outdoor, Skechers and Caleres.
About the Industry
The Zacks Shoes and Retail Apparel industry comprises companies that design, source and market clothing, footwear and accessories for men, women and children under various brand names. Product offerings of the companies mostly include athletic and casual footwear, fashion apparel and activewear, sports equipment, bags, balls, and other sports and fashion accessories.
The companies showcase their products through their branded outlets and websites. Some companies distribute products via other retail stores such as national chains, online retailers, sporting goods stores, department stores, mass merchandisers, independent retailers and catalogs.
A Look at What's Shaping Shoes and Retail Apparel Industry's Future
Cost Headwinds: Companies in the industry are witnessing elevated costs due to factors like commodity cost inflation, increased freight costs, reinvestments and other impacts. Supply-chain constraints, extended transit times, and elevated ocean freight and logistic costs have been acting as deterrents. A number of companies expect increased freight and logistic costs to hurt margins in the near term.
Elevated marketing expenses, higher operating overhead and demand-creating expenses, and increased investments to enhance store and digital operations have been raising SG&A costs. Also, the industry participants are witnessing higher costs to support brand campaigns and digital investments.
The exit from the Russia business due to the Ukraine-Russia conflict and COVID-related disruptions in some parts of Greater China are likely to be the key concerns for some players. A tough and competitive labor market remains another concern. These factors pose a threat to the industry players' margins.
Consumer Demand Trends: Players in the industry have been benefiting from strong consumer demand for activewear/athleisure products and footwear, which is expected to persist in 2023. Athletic goods and apparel companies offer products from footwear, sweatshirts, leggings, pants, jackets and tops to yoga wear and running clothes for men and women. The increasing fashion sense is boosting the demand for innovative clothes and footwear in the United States.
The industry participants have been focused on product innovations, active promotions, store expansion and enhancing e-commerce capabilities to gain market share. Favorable health & wellness trends have been the key to inspiring footwear manufacturers to expand their product portfolio. The companies continue to innovate styles, materials and colors, and incorporate functional designs to grab a large share of the fast-growing market.
Moreover, multi-functional shoes that cater to casual and formal looks have been gaining popularity. The increased participation of women in sports and outdoor activities in recent years has been a boon for the industry players.
E-Commerce Investments: E-commerce has been playing a crucial role in the athleisure market's growth. The companies in the segment are looking to build a customer base through websites, social media and other digital channels. As consumers continue to shop from home, growth of athletic-inspired apparel and digital sales are likely to continue.
Companies focused on expanding their athletic-based apparel lines and building on e-commerce capabilities are expected to witness growth in the long run. Efforts to accelerate deliveries through investments in supply chains and order fulfillment avenues are likely to provide an edge to the industry players.
Simultaneously, companies are investing in renovations and improved checkouts, as well as mobile point-of-sale capabilities, to make stores attractive. The efforts to enhance experiences through multiple channels are likely to contribute significantly to improving traffic and transactions both in stores and online.
Zacks Industry Rank Indicates Bleak Prospects
The Zacks Shoes and Retail Apparel Industry is an 11-stock group within the broader Zacks Consumer Discretionary sector. The industry currently carries a Zacks Industry Rank #214, which places it in the bottom 14% of more than 250 Zacks industries.
The group's Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bleak prospects for the near term. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1.
The industry's positioning in the bottom 50% of the Zacks-ranked industries is a result of a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are losing confidence in this group's earnings growth potential. In the past year, the industry's earnings estimates for 2022 and 2023 have declined 21.7% and 28.8%, respectively.
Before we present a few stocks that you may want to consider for your portfolio, let's look at the industry's recent stock-market performance and the valuation picture.
Industry vs. Sector
The Zacks Shoes and Retail Apparel industry has outperformed its sector but underperformed the S&P 500 in the past year.
While stocks in the industry have collectively declined 28.1%, the Zacks S&P 500 composite has dropped 19.5%. Meanwhile, the Zacks Consumer Discretionary sector has fallen 37.3%.
Shoes and Retail Apparel Industry's Valuation
On the basis of forward 12-month price-to-earnings (P/E), commonly used for valuing Consumer Discretionary stocks, the industry is currently trading at 27.91X compared with the S&P 500's 17.28X and the sector's 17.3X.
Over the last five years, the industry has traded as high as 36.79X and as low as 19.86X, with the median of 26.18X.
4 Shoes & Retail Apparel Stocks to Watch
NIKE: The global leader in athletic footwear, apparel, equipment and sports-related accessories is poised to gain from its Consumer Direct Acceleration strategy, along with strong demand, compelling products, and robust performance in its digital and DTC businesses. NKE has been benefiting from its efficient digital ecosystem, which comprises its online site, as well as commercial and activity apps.
With consumers' increasing digital focus, NIKE is on track with its digital revenue growth target for fiscal 2025. NKE expects revenue growth in fiscal 2025 to be led by NIKE Direct, which is anticipated to represent 60% of the total revenues on strong digital growth. The company expects NIKE-owned and partnered Digital to reach a 50% business mix in fiscal 2025, with NIKE-owned Digital accounting for 40% of the business.
As part of the Consumer Direct Acceleration, the company's immediate priorities include improving personalization and creating a consistent end-to-end technology platform. The company remains confident of its performance in fiscal 2023, driven by brand strength, consumer connections, product pipeline, and the normalization of inventory supply in North America, EMEA and APLA.
The Zacks Consensus Estimate for NKE's fiscal 2023 sales indicates growth of 5.1% from the year-ago quarter's reported figure. The consensus estimate for NKE's fiscal 2023 earnings has moved down 1.7% in the past seven days.
NIKE has reported an earnings surprise of 15.8%, on average, in the trailing four quarters. The Zacks Rank #3 (Hold) stock has declined 29.5% in the past year. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Deckers: The Goleta, CA-based company is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. Strength in HOKA ONE ONE and UGG brands, as well as growth in direct-to-consumer and wholesale channels, has been aiding DECK's performance. Deckers is targeting profitable and underpenetrated markets.
The company is focused on product innovations, store expansion and enhancing e-commerce capabilities. DECK's focus on expanding its brand assortments, bringing a more innovative product line, targeting consumers digitally and optimizing omni-channel distribution bodes well.
Deckers has been developing its e-commerce portal to capture incremental sales. DECK has made substantial investments to strengthen its online presence and improve the shopping experience for its customers. The company's focus on opening smaller-concept omni-channel outlets and expanding programs, including Retail Inventory Online; Infinite UGG; Buy Online, Return In Store; and Click and Collect, to enhance customers' shopping experiences is likely to boost the top line in the quarters ahead. DECK has a trailing four-quarter earnings surprise of 27.8%, on average.
Shares of the Zacks Rank #3 company have gained 9% in the past year. The Zacks Consensus Estimate for DECK's fiscal 2023 sales and earnings indicate growth of 11.3% and 11.4%, respectively, from the year-ago quarter's reported figures. The consensus estimate for its fiscal 2023 EPS has moved up 0.1% in the past 30 days. DECK has a trailing four-quarter earnings surprise of 28.9%, on average.
Skechers: The Manhattan Beach, CA-based company designs, develops, markets and distributes footwear for men, women and children in the United States and overseas under the SKECHERS name, as well as several unique brand names. Skechers' emphasis on new lines of products, store remodeling projects, cost-containment efforts, inventory management and global distribution platform bodes well.
SKX is focused on executing its long-term growth strategy, with a diverse assortment of innovative and comfortable products. This is expected to drive its top line in the near and long terms. Going ahead, management plans to introduce more innovative and comfort technology products, build multi-platform marketing campaigns, and launch more e-commerce sites around the world.
Skechers is making strategic investments to improve infrastructure worldwide, primarily e-commerce platforms and distribution centers. It has been directing resources to enhance its digital capabilities, which includes augmenting website features, mobile applications and loyalty programs. Investments made to integrate store and digital ecosystems for developing a seamless omnichannel experience are likely to drive greater sales.
Skechers' international business is a significant sales growth driver. SKX has a trailing four-quarter earnings surprise of 4.7%, on average. The Zacks Consensus Estimate for the company's 2022 sales indicates growth of 16.8% from the year-ago quarter's reported figure. The consensus estimate for SKX's 2022 EPS has moved up by a penny in the past seven days. Shares of the Zacks Rank #3 footwear company have declined 0.2% in the past year.
Caleres: Caleres is a leading footwear retailer and wholesaler in the United States, China, Canada, and Guam. The company operates through Famous Footwear and Brand Portfolio segments. The Saint Louis, MO-based company has been benefiting from the positive consumer demand trends and accelerated recovery in the footwear marketplace, aiding its sales.
The momentum in the Famous Footwear brand is expected to contribute meaningfully to sales growth. Strong performances of CAL's emerging brands, including Vionic, Sam Edelman, Allen Edmonds and Blowfish Malibu, are expected to be growth drivers.
Management anticipates the strong performance at the Famous Footwear brand and gains in the Brand Portfolio segments, leveraging a diversified brand model, and the continued execution of strategic priorities to aid CAL's performance. Caleres's focus on consumers' evolving preferences and efforts to drive growth across its omni-channel ecosystem bodes well.
The Zacks Consensus Estimate for CAL's fiscal 2022 sales and earnings indicate growth of 5.7% and 1.6%, respectively, from the year-ago quarter's reported figures. The consensus estimate for CAL's fiscal 2022 EPS has moved up 1.9% in the past 30 days. The company has a trailing four-quarter earnings surprise of 26%, on average. Shares of this Zacks Rank #3 company have declined 1.7% in the past year.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
NIKE, Inc. (NKE) : Free Stock Analysis Report
Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Caleres, Inc. (CAL) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL – December 27, 2022 – Today, Zacks Equity Research discusses NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Caleres CAL. Investments in products and e-commerce portals bode well for players like NIKE Inc., Deckers Outdoor, Skechers and Caleres. Deckers: The Goleta, CA-based company is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Caleres, Inc. (CAL) : Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL – December 27, 2022 – Today, Zacks Equity Research discusses NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Caleres CAL. Investments in products and e-commerce portals bode well for players like NIKE Inc., Deckers Outdoor, Skechers and Caleres.
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For Immediate Release Chicago, IL – December 27, 2022 – Today, Zacks Equity Research discusses NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Caleres CAL. Investments in products and e-commerce portals bode well for players like NIKE Inc., Deckers Outdoor, Skechers and Caleres. Deckers: The Goleta, CA-based company is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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For Immediate Release Chicago, IL – December 27, 2022 – Today, Zacks Equity Research discusses NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Caleres CAL. Investments in products and e-commerce portals bode well for players like NIKE Inc., Deckers Outdoor, Skechers and Caleres. Deckers: The Goleta, CA-based company is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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723978.0
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2022-12-25 00:00:00 UTC
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Validea's Top Five Consumer Cyclical Stocks Based On Motley Fool - 12/25/2022
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DECK
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https://www.nasdaq.com/articles/valideas-top-five-consumer-cyclical-stocks-based-on-motley-fool-12-25-2022
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nan
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The following are the top rated Consumer Cyclical stocks according to Validea's Small-Cap Growth Investor model based on the published strategy of Motley Fool. This strategy looks for small cap growth stocks with solid fundamentals and strong price performance.
MASTERCRAFT BOAT HOLDINGS INC (MCFT) is a small-cap value stock in the Recreational Products industry. The rating according to our strategy based on Motley Fool is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: MasterCraft Boat Holdings, Inc. is a designer, manufacturer and marketer of recreational powerboats, which has a diversified portfolio of four brands, MasterCraft, Crest, NauticStar and Aviara. It has four segments. MasterCraft segment consists of its MasterCraft brand, which manufactures premium ski/wake boats. Crest segment consists of its Crest brand, which manufactures pontoon boats. NauticStar segment consists of its NauticStar brand, which manufactures saltwater fishing boats, deck boats and bay boats designed for a variety of uses, including recreational and competitive sport fishing in freshwater lakes or saltwater, and general recreational enjoyment. Aviara segment consists of its Aviara brand, which manufactures luxury day boats. Its subsidiaries include MasterCraft Boat Company, LLC, MasterCraft Services, LLC, MasterCraft Parts, Ltd., MasterCraft International Sales Administration, Inc., Aviara Boats, LLC (Aviara), Nautic Star, LLC, NS Transport, LLC and Crest Marine, LLC.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: FAIL
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: PASS
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: PASS
PROFIT MARGIN CONSISTENCY: PASS
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: FAIL
INVENTORY TO SALES: PASS
ACCOUNTS RECEIVABLE TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: FAIL
"THE FOOL RATIO" (P/E TO GROWTH): PASS
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: PASS
PRICE: PASS
INCOME TAX PERCENTAGE: PASS
Detailed Analysis of MASTERCRAFT BOAT HOLDINGS INC
Full Guru Analysis for MCFT>
Full Factor Report for MCFT>
DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. The rating according to our strategy based on Motley Fool is 68% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Its segments include UGG brand, HOKA brand, Teva brand, Sanuk brand, Other brands and Direct-to-Consumer (DTC). UGG brand segment provides premium footwear, apparel and accessories with expanded product offerings. The HOKA brand segment's products include running, trail, hiking, fitness and lifestyle. Teva brand segment is engaged in a multi-category outdoor lifestyle brand offering a range of performance, casual and trail lifestyle products. Sanuk brand segment is engaged in lifestyle brand with a presence in the relaxed casual shoe and sandal categories. Other brands segment consist the Koolaburra brand, which is a casual footwear fashion line that uses plush materials. The segment primarily sells in the United States and Canada. DTC segment is comprised of its e-commerce websites and retail stores.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: FAIL
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: FAIL
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: PASS
PROFIT MARGIN CONSISTENCY: PASS
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: PASS
INVENTORY TO SALES: PASS
ACCOUNTS RECEIVABLE TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: PASS
"THE FOOL RATIO" (P/E TO GROWTH): PASS
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: FAIL
PRICE: PASS
INCOME TAX PERCENTAGE: FAIL
Detailed Analysis of DECKERS OUTDOOR CORP
Full Guru Analysis for DECK>
Full Factor Report for DECK>
ALLISON TRANSMISSION HOLDINGS INC (ALSN) is a mid-cap value stock in the Auto & Truck Parts industry. The rating according to our strategy based on Motley Fool is 65% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Allison Transmission Holdings, Inc. and its subsidiaries are engaged in the design and manufacture of vehicle propulsion solutions, including commercial-duty on-highway, off-highway and defense fully automatic transmissions and electric hybrid and fully electric systems. It operates across Europe, Asia, South America and Africa. The Company manufactures fully automatic transmissions for medium and heavy-duty commercial vehicles and medium and heavy-tactical United States defense vehicles and is a supplier of commercial vehicle electric hybrid and fully electric propulsion systems. Its transmissions and electric propulsion solutions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. Its on-highway products include 1000 Series, 2000 Series, 3000 Series, 4000 Series, eGen Flex Electric Hybrid Propulsion Solutions and eGen Power Fully Electric Propulsion Solutions. Its defense products include X200, 3040MX and X1100.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: PASS
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: PASS
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: PASS
PROFIT MARGIN CONSISTENCY: FAIL
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: FAIL
INVENTORY TO SALES: PASS
ACCOUNTS RECEIVABLE TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: FAIL
"THE FOOL RATIO" (P/E TO GROWTH): PASS
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: FAIL
PRICE: PASS
INCOME TAX PERCENTAGE: PASS
Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC
Full Guru Analysis for ALSN>
Full Factor Report for ALSN>
AUTOZONE INC (AZO) is a large-cap growth stock in the Auto & Truck Parts industry. The rating according to our strategy based on Motley Fool is 65% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: AutoZone, Inc. is a retailer and distributor of automotive replacement parts and accessories in the Americas. The Company's Auto Parts Stores segment is the retailer and distributor of automotive parts and accessories through the Company's, stores in the United States, Mexico, and Brazil. Each store carries an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Its other segments include ALLDATA, which produces, sells and maintains diagnostic, repair and shop management software used in the automotive repair industry and E-commerce, which includes direct sales to customers through www.autozone.com for sales that are not fulfilled by local stores. The Company has approximately 6,168 stores in the United States, 703 in Mexico, and 72 in Brazil for a total store count of 6,943.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PROFIT MARGIN: PASS
RELATIVE STRENGTH: PASS
COMPARE SALES AND EPS GROWTH TO THE SAME PERIOD LAST YEAR: FAIL
INSIDER HOLDINGS: FAIL
CASH FLOW FROM OPERATIONS: PASS
PROFIT MARGIN CONSISTENCY: PASS
R&D AS A PERCENTAGE OF SALES: NEUTRAL
CASH AND CASH EQUIVALENTS: FAIL
INVENTORY TO SALES: PASS
ACCOUNTS RECEIVABLE TO SALES: PASS
LONG TERM DEBT/EQUITY RATIO: PASS
"THE FOOL RATIO" (P/E TO GROWTH): FAIL
AVERAGE SHARES OUTSTANDING: PASS
SALES: FAIL
DAILY DOLLAR VOLUME: FAIL
PRICE: PASS
INCOME TAX PERCENTAGE: PASS
Detailed Analysis of AUTOZONE INC
Full Guru Analysis for AZO>
Full Factor Report for AZO>
More details on Validea's Motley Fool strategy
About Motley Fool: Brothers David and Tom Gardner often wear funny hats in public appearances, but they're hardly fools -- at least not the kind whose advice you should readily dismiss. The Gardners are the founders of the popular Motley Fool web site, which offers frank and often irreverent commentary on investing, the stock market, and personal finance. The Gardners' "Fool" really is a multi-media endeavor, offering not only its web content but also several books written by the brothers, a weekly syndicated newspaper column, and subscription newsletter services.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. NauticStar segment consists of its NauticStar brand, which manufactures saltwater fishing boats, deck boats and bay boats designed for a variety of uses, including recreational and competitive sport fishing in freshwater lakes or saltwater, and general recreational enjoyment. Detailed Analysis of MASTERCRAFT BOAT HOLDINGS INC Full Guru Analysis for MCFT> Full Factor Report for MCFT> DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry.
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Detailed Analysis of MASTERCRAFT BOAT HOLDINGS INC Full Guru Analysis for MCFT> Full Factor Report for MCFT> DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. NauticStar segment consists of its NauticStar brand, which manufactures saltwater fishing boats, deck boats and bay boats designed for a variety of uses, including recreational and competitive sport fishing in freshwater lakes or saltwater, and general recreational enjoyment. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities.
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NauticStar segment consists of its NauticStar brand, which manufactures saltwater fishing boats, deck boats and bay boats designed for a variety of uses, including recreational and competitive sport fishing in freshwater lakes or saltwater, and general recreational enjoyment. Detailed Analysis of MASTERCRAFT BOAT HOLDINGS INC Full Guru Analysis for MCFT> Full Factor Report for MCFT> DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities.
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NauticStar segment consists of its NauticStar brand, which manufactures saltwater fishing boats, deck boats and bay boats designed for a variety of uses, including recreational and competitive sport fishing in freshwater lakes or saltwater, and general recreational enjoyment. Detailed Analysis of MASTERCRAFT BOAT HOLDINGS INC Full Guru Analysis for MCFT> Full Factor Report for MCFT> DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities.
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63add96c-33fc-4cfd-a33c-e0522b7a721e
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723979.0
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2022-12-25 00:00:00 UTC
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Validea's Top Five Consumer Cyclical Stocks Based On David Dreman - 12/25/2022
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DECK
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https://www.nasdaq.com/articles/valideas-top-five-consumer-cyclical-stocks-based-on-david-dreman-12-25-2022
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The following are the top rated Consumer Cyclical stocks according to Validea's Contrarian Investor model based on the published strategy of David Dreman. This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals.
MERCEDES BENZ GROUP AG (MBGAF) is a large-cap value stock in the Auto & Truck Manufacturers industry. The rating according to our strategy based on David Dreman is 76% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Mercedes-Benz Group AG, formerly Daimler AG (Daimler), is a Germany-based automotive engineering company. The Company engages in the development, production and distribution of cars and vans in Germany, and the management of the Daimler Group. The segments include Mercedes-Benz Cars, Mercedes-Benz Vans and Daimler Financial Services. The Mercedes-Benz Cars segment includes vehicles of the Mercedes-Benz brand, including the brands, Mercedes-AMG and Mercedes-Maybach, and small cars under the smart brand, as well as the Mercedes me brand. The Mercedes-Benz Vans sells vans under the brand name Mercedes-Benz and the Freightliner brand. The Daimler Mobility AG offers e.g. financing, leasing, car subscription and car rental, fleet management, digital services, as well as mobility services. The Daimler financial services also supports the sales of its automotive brands worldwide.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: FAIL
PRICE/CASH FLOW (P/CF) RATIO: PASS
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: PASS
CURRENT RATIO: FAIL
PAYOUT RATIO: FAIL
RETURN ON EQUITY: FAIL
PRE-TAX PROFIT MARGINS: PASS
YIELD: PASS
LOOK AT THE TOTAL DEBT/EQUITY: FAIL
Detailed Analysis of MERCEDES BENZ GROUP AG
Full Guru Analysis for MBGAF>
Full Factor Report for MBGAF>
TITAN INTERNATIONAL INC (TWI) is a small-cap value stock in the Auto & Truck Parts industry. The rating according to our strategy based on David Dreman is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Titan International, Inc. is an industrial manufacturer and supplier that services customers across the globe. Its segments include Agricultural, Earthmoving/Construction and Consumer. The Agricultural segment manufactures wheels, tires, and undercarriage systems and components for use on various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The Earthmoving/Construction segment manufactures wheels, tires, and undercarriage systems and components for various types of off-the-roads (OTR) earthmoving, mining, military, construction, and forestry equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. Its Consumer segment manufactures bias truck tires in Latin America and light truck tires in Russia.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: FAIL
EARNINGS TREND: FAIL
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: PASS
PRICE/CASH FLOW (P/CF) RATIO: PASS
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: FAIL
Detailed Analysis of TITAN INTERNATIONAL INC
Full Guru Analysis for TWI>
Full Factor Report for TWI>
ALLISON TRANSMISSION HOLDINGS INC (ALSN) is a mid-cap value stock in the Auto & Truck Parts industry. The rating according to our strategy based on David Dreman is 64% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Allison Transmission Holdings, Inc. and its subsidiaries are engaged in the design and manufacture of vehicle propulsion solutions, including commercial-duty on-highway, off-highway and defense fully automatic transmissions and electric hybrid and fully electric systems. It operates across Europe, Asia, South America and Africa. The Company manufactures fully automatic transmissions for medium and heavy-duty commercial vehicles and medium and heavy-tactical United States defense vehicles and is a supplier of commercial vehicle electric hybrid and fully electric propulsion systems. Its transmissions and electric propulsion solutions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. Its on-highway products include 1000 Series, 2000 Series, 3000 Series, 4000 Series, eGen Flex Electric Hybrid Propulsion Solutions and eGen Power Fully Electric Propulsion Solutions. Its defense products include X200, 3040MX and X1100.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: FAIL
PRICE/CASH FLOW (P/CF) RATIO: FAIL
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: FAIL
Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC
Full Guru Analysis for ALSN>
Full Factor Report for ALSN>
DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. The rating according to our strategy based on David Dreman is 64% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Its segments include UGG brand, HOKA brand, Teva brand, Sanuk brand, Other brands and Direct-to-Consumer (DTC). UGG brand segment provides premium footwear, apparel and accessories with expanded product offerings. The HOKA brand segment's products include running, trail, hiking, fitness and lifestyle. Teva brand segment is engaged in a multi-category outdoor lifestyle brand offering a range of performance, casual and trail lifestyle products. Sanuk brand segment is engaged in lifestyle brand with a presence in the relaxed casual shoe and sandal categories. Other brands segment consist the Koolaburra brand, which is a casual footwear fashion line that uses plush materials. The segment primarily sells in the United States and Canada. DTC segment is comprised of its e-commerce websites and retail stores.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: FAIL
PRICE/CASH FLOW (P/CF) RATIO: FAIL
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: PASS
Detailed Analysis of DECKERS OUTDOOR CORP
Full Guru Analysis for DECK>
Full Factor Report for DECK>
GENERAL MOTORS COMPANY (GM) is a large-cap value stock in the Auto & Truck Manufacturers industry. The rating according to our strategy based on David Dreman is 63% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: General Motors Company designs, builds and sells trucks, crossovers, cars and automobile parts and provides software-enabled services and subscriptions worldwide. The Company provides automotive financing services through its General Motors Financial Company, Inc. (GM Financial) segment. GM North America (GMNA) and GM International (GMI) develops, manufactures and/or markets vehicles under the Buick, Cadillac, Chevrolet and GMC brands. The Company's segments include GMNA, GMI, Cruise and GM Financial. Its Cruise segment is engaged in the development and commercialization of autonomous vehicle technology. It offers OnStar and connected services to approximately 22 million connected vehicles globally through subscription-based and complimentary services. It is also developing hydrogen fuel cell applications across transportation and industries, including mobile power generation, class seven/eight truck, locomotive, aerospace and marine applications.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: PASS
PRICE/CASH FLOW (P/CF) RATIO: PASS
PRICE/BOOK (P/B) VALUE: PASS
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: FAIL
PAYOUT RATIO: FAIL
RETURN ON EQUITY: FAIL
PRE-TAX PROFIT MARGINS: FAIL
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: FAIL
Detailed Analysis of GENERAL MOTORS COMPANY
Full Guru Analysis for GM>
Full Factor Report for GM>
More details on Validea's David Dreman strategy
About David Dreman: Dreman's Kemper-Dreman High Return Fund was one of the best-performing mutual funds ever, ranking as the best of 255 funds in its peer groups from 1988 to 1998, according to Lipper Analytical Services. At the time Dreman published Contrarian Investment Strategies: The Next Generation, the fund had been ranked number one in more time periods than any of the 3,175 funds in Lipper's database. In addition to managing money, Dreman is also a longtime Forbes magazine columnist.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC Full Guru Analysis for ALSN> Full Factor Report for ALSN> DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Detailed Analysis of DECKERS OUTDOOR CORP Full Guru Analysis for DECK> Full Factor Report for DECK> GENERAL MOTORS COMPANY (GM) is a large-cap value stock in the Auto & Truck Manufacturers industry.
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Detailed Analysis of DECKERS OUTDOOR CORP Full Guru Analysis for DECK> Full Factor Report for DECK> GENERAL MOTORS COMPANY (GM) is a large-cap value stock in the Auto & Truck Manufacturers industry. Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC Full Guru Analysis for ALSN> Full Factor Report for ALSN> DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities.
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Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC Full Guru Analysis for ALSN> Full Factor Report for ALSN> DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP Full Guru Analysis for DECK> Full Factor Report for DECK> GENERAL MOTORS COMPANY (GM) is a large-cap value stock in the Auto & Truck Manufacturers industry.
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Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC Full Guru Analysis for ALSN> Full Factor Report for ALSN> DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP Full Guru Analysis for DECK> Full Factor Report for DECK> GENERAL MOTORS COMPANY (GM) is a large-cap value stock in the Auto & Truck Manufacturers industry.
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d861f743-c267-4764-9329-411921b6e467
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723980.0
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2022-12-23 00:00:00 UTC
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4 Shoes & Retail Apparel Stocks Keeping Up Well in a Distressed Industry
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DECK
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https://www.nasdaq.com/articles/4-shoes-retail-apparel-stocks-keeping-up-well-in-a-distressed-industry
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nan
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The Zacks Shoes and Retail Apparel industry has been dealing with hardships related to elevated costs, disrupted supply chains, reduced spending trends on discretionary items, higher freight costs and increased marketing investments. These traits have been the key burdens on the participating companies’ profits. Additionally, adverse currency movements threaten the industry players due to their worldwide presence.
However, the industry players are well-poised to benefit from the favorable health and wellness trends, which have been boosting the demand for activewear and athletic shoes. The new and innovative designs, along with increased consumer awareness about leading a healthy lifestyle, will likely continue aiding sales of fitness clothes and footwear. The industry players, focused on product innovation, store expansion, digital investments and omni-channel growth, are expected to gain.
The industry participants have been investing in product innovation to gain market share. Investments in products and e-commerce portals bode well for players like NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Caleres CAL.
About the Industry
The Zacks Shoes and Retail Apparel industry comprises companies that design, source and market clothing, footwear and accessories for men, women and children under various brand names. Product offerings of the companies mostly include athletic and casual footwear, fashion apparel and activewear, sports equipment, bags, balls, and other sports and fashion accessories. The companies showcase their products through their branded outlets and websites. Some companies distribute products via other retail stores such as national chains, online retailers, sporting goods stores, department stores, mass merchandisers, independent retailers and catalogs.
A Look at What's Shaping Shoes and Retail Apparel Industry's Future
Cost Headwinds: Companies in the industry are witnessing elevated costs due to factors like commodity cost inflation, increased freight costs, reinvestments and other impacts. Supply-chain constraints, extended transit times, and elevated ocean freight and logistic costs have been acting as deterrents. A number of companies expect increased freight and logistic costs to hurt margins in the near term. Elevated marketing expenses, higher operating overhead and demand-creating expenses, and increased investments to enhance store and digital operations have been raising SG&A costs. Also, the industry participants are witnessing higher costs to support brand campaigns and digital investments. The exit from the Russia business due to the Ukraine-Russia conflict and COVID-related disruptions in some parts of Greater China are likely to be the key concerns for some players. A tough and competitive labor market remains another concern. These factors pose a threat to the industry players’ margins.
Consumer Demand Trends: Players in the industry have been benefiting from strong consumer demand for activewear/athleisure products and footwear, which is expected to persist in 2023. Athletic goods and apparel companies offer products from footwear, sweatshirts, leggings, pants, jackets and tops to yoga wear and running clothes for men and women. The increasing fashion sense is boosting the demand for innovative clothes and footwear in the United States. The industry participants have been focused on product innovations, active promotions, store expansion and enhancing e-commerce capabilities to gain market share. Favorable health & wellness trends have been the key to inspiring footwear manufacturers to expand their product portfolio. The companies continue to innovate styles, materials and colors, and incorporate functional designs to grab a large share of the fast-growing market. Moreover, multi-functional shoes that cater to casual and formal looks have been gaining popularity. The increased participation of women in sports and outdoor activities in recent years has been a boon for the industry players.
E-Commerce Investments: E-commerce has been playing a crucial role in the athleisure market’s growth. The companies in the segment are looking to build a customer base through websites, social media and other digital channels. As consumers continue to shop from home, growth of athletic-inspired apparel and digital sales are likely to continue. Companies focused on expanding their athletic-based apparel lines and building on e-commerce capabilities are expected to witness growth in the long run. Efforts to accelerate deliveries through investments in supply chains and order fulfillment avenues are likely to provide an edge to the industry players. Simultaneously, companies are investing in renovations and improved checkouts, as well as mobile point-of-sale capabilities, to make stores attractive. The efforts to enhance experiences through multiple channels are likely to contribute significantly to improving traffic and transactions both in stores and online.
Zacks Industry Rank Indicates Bleak Prospects
The Zacks Shoes and Retail Apparel Industry is an 11-stock group within the broader Zacks Consumer Discretionary sector. The industry currently carries a Zacks Industry Rank #214, which places it in the bottom 14% of more than 250 Zacks industries.
The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bleak prospects for the near term. Our research shows that the top 50% of the Zacks-ranked industries outperforms the bottom 50% by a factor of more than 2 to 1.
The industry’s positioning in the bottom 50% of the Zacks-ranked industries is a result of a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are losing confidence in this group’s earnings growth potential. In the past year, the industry’s earnings estimates for 2022 and 2023 have declined 21.7% and 28.8%, respectively.
Before we present a few stocks that you may want to consider for your portfolio, let’s look at the industry’s recent stock-market performance and the valuation picture.
Industry Vs. Sector
The Zacks Shoes and Retail Apparel industry has outperformed its sector but underperformed the S&P 500 in the past year.
While stocks in the industry have collectively declined 28.1%, the Zacks S&P 500 composite has dropped 19.5%. Meanwhile, the Zacks Consumer Discretionary sector has fallen 37.3%.
One-Year Price Performance
Shoes and Retail Apparel Industry's Valuation
On the basis of forward 12-month price-to-earnings (P/E), commonly used for valuing Consumer Discretionary stocks, the industry is currently trading at 27.91X compared with the S&P 500’s 17.28X and the sector’s 17.3X.
Over the last five years, the industry has traded as high as 36.79X and as low as 19.86X, with the median of 26.18X, as the chart below shows.
Price-to-Earnings Ratio (Past 5 Years)
4 Shoes & Retail Apparel Stocks to Watch
NIKE: The global leader in athletic footwear, apparel, equipment and sports-related accessories is poised to gain from its Consumer Direct Acceleration strategy, along with strong demand, compelling products, and robust performance in its digital and DTC businesses. NKE has been benefiting from its efficient digital ecosystem, which comprises its online site, as well as commercial and activity apps. With consumers’ increasing digital focus, NIKE is on track with its digital revenue growth target for fiscal 2025. NKE expects revenue growth in fiscal 2025 to be led by NIKE Direct, which is anticipated to represent 60% of the total revenues on strong digital growth. The company expects NIKE-owned and partnered Digital to reach a 50% business mix in fiscal 2025, with NIKE-owned Digital accounting for 40% of the business.
As part of the Consumer Direct Acceleration, the company’s immediate priorities include improving personalization and creating a consistent end-to-end technology platform. The company remains confident of its performance in fiscal 2023, driven by brand strength, consumer connections, product pipeline, and the normalization of inventory supply in North America, EMEA and APLA. The Zacks Consensus Estimate for NKE’s fiscal 2023 sales indicates growth of 5.1% from the year-ago quarter’s reported figure. The consensus estimate for NKE’s fiscal 2023 earnings has moved down 1.7% in the past seven days. NIKE has reported an earnings surprise of 15.8%, on average, in the trailing four quarters. The Zacks Rank #3 (Hold) stock has declined 29.5% in the past year. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Price and Consensus: NKE
Deckers: The Goleta, CA-based company is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. Strength in HOKA ONE ONE and UGG brands, as well as growth in direct-to-consumer and wholesale channels, has been aiding DECK’s performance. Deckers is targeting profitable and underpenetrated markets. The company is focused on product innovations, store expansion and enhancing e-commerce capabilities. DECK’s focus on expanding its brand assortments, bringing a more innovative product line, targeting consumers digitally and optimizing omni-channel distribution bodes well.
Deckers has been developing its e-commerce portal to capture incremental sales. DECK has made substantial investments to strengthen its online presence and improve the shopping experience for its customers. The company’s focus on opening smaller-concept omni-channel outlets and expanding programs, including Retail Inventory Online; Infinite UGG; Buy Online, Return In Store; and Click and Collect, to enhance customers’ shopping experiences is likely to boost the top line in the quarters ahead. DECK has a trailing four-quarter earnings surprise of 27.8%, on average. Shares of the Zacks Rank #3 company have gained 9% in the past year. The Zacks Consensus Estimate for DECK’s fiscal 2023 sales and earnings indicate growth of 11.3% and 11.4%, respectively, from the year-ago quarter’s reported figures. The consensus estimate for its fiscal 2023 EPS has moved up 0.1% in the past 30 days. DECK has a trailing four-quarter earnings surprise of 28.9%, on average.
Price and Consensus: DECK
Skechers: The Manhattan Beach, CA-based company designs, develops, markets and distributes footwear for men, women and children in the United States and overseas under the SKECHERS name, as well as several unique brand names. Skechers’ emphasis on new lines of products, store remodeling projects, cost-containment efforts, inventory management and global distribution platform bodes well. SKX is focused on executing its long-term growth strategy, with a diverse assortment of innovative and comfortable products. This is expected to drive its top line in the near and long terms. Going ahead, management plans to introduce more innovative and comfort technology products, build multi-platform marketing campaigns, and launch more e-commerce sites around the world.
Skechers is making strategic investments to improve infrastructure worldwide, primarily e-commerce platforms and distribution centers. It has been directing resources to enhance its digital capabilities, which includes augmenting website features, mobile applications and loyalty programs. Investments made to integrate store and digital ecosystems for developing a seamless omnichannel experience are likely to drive greater sales. Skechers’ international business is a significant sales growth driver. SKX has a trailing four-quarter earnings surprise of 4.7%, on average. The Zacks Consensus Estimate for the company’s 2022 sales indicates growth of 16.8% from the year-ago quarter’s reported figure. The consensus estimate for SKX’s 2022 EPS has moved up by a penny in the past seven days. Shares of the Zacks Rank #3 footwear company have declined 0.2% in the past year.
Price and Consensus: SKX
Caleres: Caleres is a leading footwear retailer and wholesaler in the United States, China, Canada, and Guam. The company operates through Famous Footwear and Brand Portfolio segments. The Saint Louis, MO-based company has been benefiting from the positive consumer demand trends and accelerated recovery in the footwear marketplace, aiding its sales. The momentum in the Famous Footwear brand is expected to contribute meaningfully to sales growth. Strong performances of CAL’s emerging brands, including Vionic, Sam Edelman, Allen Edmonds and Blowfish Malibu, are expected to be growth drivers.
Management anticipates the strong performance at the Famous Footwear brand and gains in the Brand Portfolio segments, leveraging a diversified brand model, and the continued execution of strategic priorities to aid CAL’s performance. Caleres's focus on consumers' evolving preferences and efforts to drive growth across its omni-channel ecosystem bodes well. The Zacks Consensus Estimate for CAL’s fiscal 2022 sales and earnings indicate growth of 5.7% and 1.6%, respectively, from the year-ago quarter’s reported figures. The consensus estimate for CAL’s fiscal 2022 EPS has moved up 1.9% in the past 30 days. The company has a trailing four-quarter earnings surprise of 26%, on average. Shares of this Zacks Rank #3 company have declined 1.7% in the past year.
Price and Consensus: CAL
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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NIKE, Inc. (NKE) : Free Stock Analysis Report
Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Caleres, Inc. (CAL) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Price and Consensus: NKE Deckers: The Goleta, CA-based company is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. Investments in products and e-commerce portals bode well for players like NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Caleres CAL. Strength in HOKA ONE ONE and UGG brands, as well as growth in direct-to-consumer and wholesale channels, has been aiding DECK’s performance.
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Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Caleres, Inc. (CAL) : Free Stock Analysis Report To read this article on Zacks.com click here. Investments in products and e-commerce portals bode well for players like NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Caleres CAL. Price and Consensus: NKE Deckers: The Goleta, CA-based company is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities.
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Investments in products and e-commerce portals bode well for players like NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Caleres CAL. Price and Consensus: NKE Deckers: The Goleta, CA-based company is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. Strength in HOKA ONE ONE and UGG brands, as well as growth in direct-to-consumer and wholesale channels, has been aiding DECK’s performance.
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Investments in products and e-commerce portals bode well for players like NIKE Inc. NKE, Deckers Outdoor DECK, Skechers SKX and Caleres CAL. Price and Consensus: NKE Deckers: The Goleta, CA-based company is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports and other lifestyle-related activities. Strength in HOKA ONE ONE and UGG brands, as well as growth in direct-to-consumer and wholesale channels, has been aiding DECK’s performance.
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abcc4559-7887-46d3-8673-637a6ca0cbc5
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723981.0
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2022-12-22 00:00:00 UTC
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Thursday's ETF with Unusual Volume: XMHQ
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DECK
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https://www.nasdaq.com/articles/thursdays-etf-with-unusual-volume%3A-xmhq
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The Invesco S&P MidCap Quality ETF is seeing unusually high volume in afternoon trading Thursday, with over 150,000 shares traded versus three month average volume of about 32,000. Shares of XMHQ were down about 2.3% on the day.
Components of that ETF with the highest volume on Thursday were Under Armour, trading off about 4.3% with over 3.2 million shares changing hands so far this session, and Macys, down about 4.2% on volume of over 2.6 million shares. Deckers Outdoor is the component faring the best Thursday, up by about 1.4% on the day, while Lattice Semiconductor is lagging other components of the Invesco S&P MidCap Quality ETF, trading lower by about 5.8%.
VIDEO: Thursday's ETF with Unusual Volume: XMHQ
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor is the component faring the best Thursday, up by about 1.4% on the day, while Lattice Semiconductor is lagging other components of the Invesco S&P MidCap Quality ETF, trading lower by about 5.8%. The Invesco S&P MidCap Quality ETF is seeing unusually high volume in afternoon trading Thursday, with over 150,000 shares traded versus three month average volume of about 32,000. Components of that ETF with the highest volume on Thursday were Under Armour, trading off about 4.3% with over 3.2 million shares changing hands so far this session, and Macys, down about 4.2% on volume of over 2.6 million shares.
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Deckers Outdoor is the component faring the best Thursday, up by about 1.4% on the day, while Lattice Semiconductor is lagging other components of the Invesco S&P MidCap Quality ETF, trading lower by about 5.8%. The Invesco S&P MidCap Quality ETF is seeing unusually high volume in afternoon trading Thursday, with over 150,000 shares traded versus three month average volume of about 32,000. VIDEO: Thursday's ETF with Unusual Volume: XMHQ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor is the component faring the best Thursday, up by about 1.4% on the day, while Lattice Semiconductor is lagging other components of the Invesco S&P MidCap Quality ETF, trading lower by about 5.8%. The Invesco S&P MidCap Quality ETF is seeing unusually high volume in afternoon trading Thursday, with over 150,000 shares traded versus three month average volume of about 32,000. Components of that ETF with the highest volume on Thursday were Under Armour, trading off about 4.3% with over 3.2 million shares changing hands so far this session, and Macys, down about 4.2% on volume of over 2.6 million shares.
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Deckers Outdoor is the component faring the best Thursday, up by about 1.4% on the day, while Lattice Semiconductor is lagging other components of the Invesco S&P MidCap Quality ETF, trading lower by about 5.8%. Components of that ETF with the highest volume on Thursday were Under Armour, trading off about 4.3% with over 3.2 million shares changing hands so far this session, and Macys, down about 4.2% on volume of over 2.6 million shares. VIDEO: Thursday's ETF with Unusual Volume: XMHQ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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6f477e94-8ad7-420d-9950-1c7f1a0512a7
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723982.0
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2022-12-15 00:00:00 UTC
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Deckers (DECK) Poised Well on DTC Business & Brand Strength
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DECK
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https://www.nasdaq.com/articles/deckers-deck-poised-well-on-dtc-business-brand-strength-0
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nan
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nan
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Deckers Outdoor Corporation DECK remains focused on product innovations, store expansion and enhancement of e-commerce capabilities. DECK’s focus on expanding its brand assortments, bringing a more innovative line of products and optimizing omnichannel distribution bodes well. These initiatives have aided this Zacks Rank #3 (Hold) stock to surge 61.4% in the past six months, outperforming the industry’s 6% growth.
Let’s delve deeper.
Detailing Strategies
Deckers is targeting profitable and underpenetrated markets to boost overall sales. Greater acceptance of the UGG brand's diverse product line along with the progress in Europe and Asia Pacific bode well. The HOKA ONE ONE brand is also performing impressively. The brand continues to build its customer base through a combination of disruptive product innovation and a disciplined marketing approach.
Deckers is progressing toward building HOKA ONE ONE into a major multibillion-dollar player, elevating UGG as a global lifestyle brand with diverse product offerings, and enhancing direct-to-consumer (DTC) business. The company plans to open additional retail stores for the HOKA brand and to continue exploring opportunities to strategically expand the brand retail store fleet.
Image Source: Zacks Investment Research
During second-quarter fiscal 2023, HOKA ONE ONE brand net sales surged 58.3% while UGG brand net sales grew 6.3%. Teva brand net sales increased 4.3% year over year. DTC net sales rose 35.3% to $239.1 million, while comparable DTC net sales jumped 38.2%. DTC revenues grew 26% in the first half of fiscal 2023. HOKA continues to be a key driver of consolidated growth. The brand's growth rate increased in the second quarter from the first quarter, reflecting an overall increase of 66% in the first half. UGG also contributed to the first-half performance, as the brand reverted to growth in the second quarter, leading to a 4% jump for the brand in the first half.
In keeping with the changing trends, Deckers has been constantly developing its e-commerce portal to capture incremental sales. The company has made substantial investments to strengthen its online presence and improve the customers’ shopping experience. DECK is focused on opening smaller concept omnichannel outlets and expanding programs such as Retail Inventory Online, Infinite UGG, Buy Online, Return in Store; and Click and Collect to enhance customers’ shopping experience.
Deckers has been focusing on product and marketing strategies that are more skewed toward customers, and in this respect, it has been implementing customer relationship management software and concentrating on loyalty programs.
What’s More?
Deckers reported stellar second-quarter fiscal 2023 results, wherein both the top and the bottom lines grew year over year. Net sales of this Goleta, CA-based company rose 21.3% year over year, driven by the expansion of the HOKA ONE ONE brand and an increase in UGG international regions as the brand benefited from marketplace reset initiatives implemented over the past couple of years.
We believe that the company’s’ focus on ramping up inventory, optimizing channel mix to fulfill consumer demand, scaling production to support the growth of brands and implementing targeted price increases should position Deckers to respond to any unprecedented challenge. Management envisioned fiscal 2023 net sales in the range of $3.45 billion-$3.50 billion, suggesting an increase from the $3.150 billion reported in fiscal 2022. It expects HOKA ONE ONE revenues to increase up to 50% compared with last year. The company continues to expect fiscal 2023 earnings in the band of $17.50-$18.35 per share, versus $16.26 per share earned in the last fiscal.
Stocks to Consider
We highlighted three better-ranked stocks, namely, Designer Brands DBI, Delta Apparel DLA and Caleres CAL.
Designer Brands designs, manufactures and retails footwear and accessories. The stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Designer Brands’ current financial-year revenues and earnings per share (EPS) suggests growth of 5.2% and 4.7%, respectively, from the corresponding year-ago reported figures. DBI has a trailing four-quarter earnings surprise of 32%, on average.
Delta Apparel is a manufacturer of active wear and lifestyle apparel products. DLA has a Zacks Rank #2 (Buy) at present.
The Zacks Consensus Estimate for Delta Apparel’s current financial-year sales suggests growth of 6.3% from the year-ago corresponding figure. DLA has a trailing four-quarter earnings surprise of 7%, on average.
Caleres, a footwear dealer, has a Zacks Rank of 2 at present. CAL has a trailing four-quarter earnings surprise of 26%, on average.
The Zacks Consensus Estimate for Caleres’ current financial-year sales and EPS suggests growth of 5.7% and 1.6%, respectively, from the year-ago corresponding figures.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Caleres, Inc. (CAL) : Free Stock Analysis Report
Delta Apparel, Inc. (DLA) : Free Stock Analysis Report
Designer Brands Inc. (DBI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers is progressing toward building HOKA ONE ONE into a major multibillion-dollar player, elevating UGG as a global lifestyle brand with diverse product offerings, and enhancing direct-to-consumer (DTC) business. We believe that the company’s’ focus on ramping up inventory, optimizing channel mix to fulfill consumer demand, scaling production to support the growth of brands and implementing targeted price increases should position Deckers to respond to any unprecedented challenge. Deckers Outdoor Corporation DECK remains focused on product innovations, store expansion and enhancement of e-commerce capabilities.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Caleres, Inc. (CAL) : Free Stock Analysis Report Delta Apparel, Inc. (DLA) : Free Stock Analysis Report Designer Brands Inc. (DBI) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation DECK remains focused on product innovations, store expansion and enhancement of e-commerce capabilities. DECK’s focus on expanding its brand assortments, bringing a more innovative line of products and optimizing omnichannel distribution bodes well.
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Click to get this free report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Caleres, Inc. (CAL) : Free Stock Analysis Report Delta Apparel, Inc. (DLA) : Free Stock Analysis Report Designer Brands Inc. (DBI) : Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corporation DECK remains focused on product innovations, store expansion and enhancement of e-commerce capabilities. DECK’s focus on expanding its brand assortments, bringing a more innovative line of products and optimizing omnichannel distribution bodes well.
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Deckers Outdoor Corporation DECK remains focused on product innovations, store expansion and enhancement of e-commerce capabilities. DECK’s focus on expanding its brand assortments, bringing a more innovative line of products and optimizing omnichannel distribution bodes well. Detailing Strategies Deckers is targeting profitable and underpenetrated markets to boost overall sales.
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daf06f90-1a85-401f-9e90-7222c919bc04
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723983.0
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2022-12-02 00:00:00 UTC
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Why Is Steven Madden (SHOO) Up 18.8% Since Last Earnings Report?
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DECK
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https://www.nasdaq.com/articles/why-is-steven-madden-shoo-up-18.8-since-last-earnings-report
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It has been about a month since the last earnings report for Steven Madden (SHOO). Shares have added about 18.8% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Steven Madden due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
Steven Madden Q3 Earnings In Line, Revenues Rise Y/Y
Steven Madden reported third-quarter 2022 results, wherein the top line beat the Zacks Consensus Estimate while the bottom line met the same. Also, revenues improved year over year while earnings dipped.
Management cited that consumer demand for the brands and products has been healthy for a while. Although a tough macroeconomic backdrop is concerning, SHOO is well poised on sturdy brands and business model.
Q3 Highlights
Steven Madden posted adjusted quarterly earnings of 79 cents a share that met the Zacks Consensus Estimate. The same dipped 3.7% from 82 cents reported in the prior-year period.
Total revenues rose 5.3% year over year to $556.6 million. While net sales of $553.1 million increased 5.3%, commission and licensing fee income of $3.5 million declined 5.4% from the year-ago period’s level. The top line surpassed the Zacks Consensus Estimate of $532 million.
Gross profit increased 4.3% year over year to $229.5 million. However, the gross margin contracted 40 basis points to 41.2%. Gross profit as a percentage of wholesale revenues expanded 170 basis points to 35.3%, driven by a mix shift to the greater-margin branded business. However, gross profit as a percentage of direct-to-consumer revenues, decreased 470 basis points to 61.2% owing to higher promotional activity.
Adjusted operating expenses increased 14.4% year over year to $150.5 million. Also, as a percentage of revenues, adjusted operating expenses expanded 210 basis points to 27%.
Steven Madden reported an adjusted operating income of $79 million, down 10.6% from $88.4 million registered in the same quarter a year ago. Adjusted operating margin contracted 250 bps to 14.2%.
Segmental Performance
Revenues for the Wholesale business increased 8.1% year over year to $434.6 million. We note that Wholesale footwear revenues climbed 8.7% to $330.8 million, while Wholesale accessories/apparel revenues were up 6.2% to $103.9 million. Both units’ growth was buoyed by a sturdy increase in the branded business, somewhat offset by a drop in private label.
Direct-to-consumer revenues dipped 3.7% to $118.5 million, driven by a decline in the e-commerce business. Brick-and-mortar revenues were almost flat year over year.
Other Financial Aspects
Steven Madden ended the reported quarter with cash and cash equivalents of $139.2 million, short-term investments of $9.1 million and stockholders’ equity of $842.3 million, excluding a non-controlling interest of $9.6 million. Management incurred capital expenditures of $10.1 million in the quarter.
In the reported quarter, SHOO repurchased $35.1 million of its common stock, including shares acquired via the net settlement of employees’ stock awards. Moreover, the board approved a quarterly cash dividend of 21 cents per share, payable Dec 30, 2022, to its stockholders of record as of Dec 16, 2022.
Outlook
Steven Madden updated its 2022 guidance. Management now projects revenue growth of 12.5-13.5% from the last year’s level. However, the guidance compared unfavorably with the prior expectation of a 13-16% increase.
SHOO envisions earnings per share of $2.77-$2.79 and an adjusted earnings view of $2.77-$2.82 for 2022. Earlier, management had guided earnings per share of $2.87-$2.97 and adjusted earnings per share of $2.90-$3.00. Last year, Steven Madden reported revenues of $1.87 billion and adjusted earnings of $2.50 per share.
How Have Estimates Been Moving Since Then?
In the past month, investors have witnessed a downward trend in estimates review.
The consensus estimate has shifted -21.93% due to these changes.
VGM Scores
Currently, Steven Madden has an average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Steven Madden has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.
Performance of an Industry Player
Steven Madden is part of the Zacks Shoes and Retail Apparel industry. Over the past month, Deckers (DECK), a stock from the same industry, has gained 9.6%. The company reported its results for the quarter ended September 2022 more than a month ago.
Deckers reported revenues of $875.61 million in the last reported quarter, representing a year-over-year change of +21.3%. EPS of $3.80 for the same period compares with $3.66 a year ago.
Deckers is expected to post earnings of $9.45 per share for the current quarter, representing a year-over-year change of +12.2%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
Deckers has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of F.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Steven Madden, Ltd. (SHOO) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Over the past month, Deckers (DECK), a stock from the same industry, has gained 9.6%. Deckers reported revenues of $875.61 million in the last reported quarter, representing a year-over-year change of +21.3%. Deckers is expected to post earnings of $9.45 per share for the current quarter, representing a year-over-year change of +12.2%.
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Click to get this free report Steven Madden, Ltd. (SHOO) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report To read this article on Zacks.com click here. Over the past month, Deckers (DECK), a stock from the same industry, has gained 9.6%. Deckers reported revenues of $875.61 million in the last reported quarter, representing a year-over-year change of +21.3%.
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Over the past month, Deckers (DECK), a stock from the same industry, has gained 9.6%. Deckers reported revenues of $875.61 million in the last reported quarter, representing a year-over-year change of +21.3%. Deckers is expected to post earnings of $9.45 per share for the current quarter, representing a year-over-year change of +12.2%.
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Over the past month, Deckers (DECK), a stock from the same industry, has gained 9.6%. Deckers reported revenues of $875.61 million in the last reported quarter, representing a year-over-year change of +21.3%. Deckers is expected to post earnings of $9.45 per share for the current quarter, representing a year-over-year change of +12.2%.
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f0a7f84f-c65e-41d0-acf2-9095a3f92c5a
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723984.0
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2022-11-27 00:00:00 UTC
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Validea's Top Five Consumer Cyclical Stocks Based On David Dreman - 11/27/2022
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DECK
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https://www.nasdaq.com/articles/valideas-top-five-consumer-cyclical-stocks-based-on-david-dreman-11-27-2022
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nan
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The following are the top rated Consumer Cyclical stocks according to Validea's Contrarian Investor model based on the published strategy of David Dreman. This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals.
MERCEDES-BENZ GROUP AG (MBGAF) is a large-cap value stock in the Auto & Truck Manufacturers industry. The rating according to our strategy based on David Dreman is 77% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Mercedes-Benz Group AG, formerly Daimler AG (Daimler), is a Germany-based automotive engineering company. The Company engages in the development, production and distribution of cars and vans in Germany, and the management of the Daimler Group. The segments include Mercedes-Benz Cars, Mercedes-Benz Vans and Daimler Financial Services. The Mercedes-Benz Cars segment includes vehicles of the Mercedes-Benz brand, including the brands, Mercedes-AMG and Mercedes-Maybach, and small cars under the smart brand, as well as the Mercedes me brand. The Mercedes-Benz Vans sells vans under the brand name Mercedes-Benz and the Freightliner brand. The Daimler Mobility AG offers e.g. financing, leasing, car subscription and car rental, fleet management, digital services, as well as mobility services. The Daimler financial services also supports the sales of its automotive brands worldwide.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: FAIL
PRICE/CASH FLOW (P/CF) RATIO: PASS
PRICE/BOOK (P/B) VALUE: PASS
PRICE/DIVIDEND (P/D) RATIO: PASS
CURRENT RATIO: FAIL
PAYOUT RATIO: FAIL
RETURN ON EQUITY: FAIL
PRE-TAX PROFIT MARGINS: PASS
YIELD: PASS
LOOK AT THE TOTAL DEBT/EQUITY: FAIL
Detailed Analysis of MERCEDES-BENZ GROUP AG
Full Guru Analysis for MBGAF>
Full Factor Report for MBGAF>
TITAN INTERNATIONAL INC (TWI) is a small-cap value stock in the Auto & Truck Parts industry. The rating according to our strategy based on David Dreman is 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Titan International, Inc. is an industrial manufacturer and supplier that services customers across the globe. Its segments include Agricultural, Earthmoving/Construction and Consumer. The Agricultural segment manufactures wheels, tires, and undercarriage systems and components for use on various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The Earthmoving/Construction segment manufactures wheels, tires, and undercarriage systems and components for various types of off-the-roads (OTR) earthmoving, mining, military, construction, and forestry equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. Its Consumer segment manufactures bias truck tires in Latin America and light truck tires in Russia.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: FAIL
EARNINGS TREND: FAIL
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: PASS
PRICE/CASH FLOW (P/CF) RATIO: PASS
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: FAIL
Detailed Analysis of TITAN INTERNATIONAL INC
Full Guru Analysis for TWI>
Full Factor Report for TWI>
ALLISON TRANSMISSION HOLDINGS INC (ALSN) is a mid-cap value stock in the Auto & Truck Parts industry. The rating according to our strategy based on David Dreman is 64% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Allison Transmission Holdings, Inc. and its subsidiaries are engaged in the design and manufacture of vehicle propulsion solutions, including commercial-duty on-highway, off-highway and defense fully automatic transmissions and electric hybrid and fully electric systems. It operates across Europe, Asia, South America and Africa. The Company manufactures fully automatic transmissions for medium and heavy-duty commercial vehicles and medium and heavy-tactical United States defense vehicles and is a supplier of commercial vehicle electric hybrid and fully electric propulsion systems. Its transmissions and electric propulsion solutions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. Its on-highway products include 1000 Series, 2000 Series, 3000 Series, 4000 Series, eGen Flex Electric Hybrid Propulsion Solutions and eGen Power Fully Electric Propulsion Solutions. Its defense products include X200, 3040MX and X1100.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: FAIL
PRICE/CASH FLOW (P/CF) RATIO: FAIL
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: FAIL
Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC
Full Guru Analysis for ALSN>
Full Factor Report for ALSN>
DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. The rating according to our strategy based on David Dreman is 64% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Its segments include UGG brand, HOKA brand, Teva brand, Sanuk brand, Other brands and Direct-to-Consumer (DTC). UGG brand segment provides premium footwear, apparel and accessories with expanded product offerings. The HOKA brand segment's products include running, trail, hiking, fitness and lifestyle. Teva brand segment is engaged in a multi-category outdoor lifestyle brand offering a range of performance, casual and trail lifestyle products. Sanuk brand segment is engaged in lifestyle brand with a presence in the relaxed casual shoe and sandal categories. Other brands segment consist the Koolaburra brand, which is a casual footwear fashion line that uses plush materials. The segment primarily sells in the United States and Canada. DTC segment is comprised of its e-commerce websites and retail stores.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: PASS
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: PASS
P/E RATIO: FAIL
PRICE/CASH FLOW (P/CF) RATIO: FAIL
PRICE/BOOK (P/B) VALUE: FAIL
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: PASS
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: PASS
Detailed Analysis of DECKERS OUTDOOR CORP
Full Guru Analysis for DECK>
Full Factor Report for DECK>
G-III APPAREL GROUP, LTD. (GIII) is a small-cap value stock in the Apparel/Accessories industry. The rating according to our strategy based on David Dreman is 63% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: G-III Apparel Group, Ltd. designs, sources, and markets a range of apparel, including outerwear, dresses, sportswear, swimwear, women's suits, and women's performance wear, as well as women's handbags, footwear, small leather goods, cold weather accessories and luggage. The Company's segments include wholesale operations and retail operations. The wholesale operations segment includes sales of products to retailers under-owned, licensed, and private label brands, as well as sales related to the Vilebrequin business. The retail operations segment consists of direct sales to consumers through its Company-operated stores and through digital channels. It consists of its DKNY and Karl Lagerfeld Paris stores, as well as the digital channels for DKNY, Donna Karan, Karl Lagerfeld Paris, G.H. Bass, Andrew Marc and Wilsons Leather. Its digital business consists of its own Web platforms at www.dkny.com, www.donnakaran.com, www.ghbass.com, www.vilebrequin.com, and www.andrewmarc.com.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
MARKET CAP: FAIL
EARNINGS TREND: PASS
EPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE: FAIL
P/E RATIO: PASS
PRICE/CASH FLOW (P/CF) RATIO: PASS
PRICE/BOOK (P/B) VALUE: PASS
PRICE/DIVIDEND (P/D) RATIO: FAIL
CURRENT RATIO: PASS
PAYOUT RATIO: PASS
RETURN ON EQUITY: FAIL
PRE-TAX PROFIT MARGINS: PASS
YIELD: FAIL
LOOK AT THE TOTAL DEBT/EQUITY: PASS
Detailed Analysis of G-III APPAREL GROUP, LTD.
Full Guru Analysis for GIII>
Full Factor Report for GIII>
More details on Validea's David Dreman strategy
About David Dreman: Dreman's Kemper-Dreman High Return Fund was one of the best-performing mutual funds ever, ranking as the best of 255 funds in its peer groups from 1988 to 1998, according to Lipper Analytical Services. At the time Dreman published Contrarian Investment Strategies: The Next Generation, the fund had been ranked number one in more time periods than any of the 3,175 funds in Lipper's database. In addition to managing money, Dreman is also a longtime Forbes magazine columnist.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC Full Guru Analysis for ALSN> Full Factor Report for ALSN> DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Detailed Analysis of DECKERS OUTDOOR CORP Full Guru Analysis for DECK> Full Factor Report for DECK> G-III APPAREL GROUP, LTD. (GIII) is a small-cap value stock in the Apparel/Accessories industry.
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Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC Full Guru Analysis for ALSN> Full Factor Report for ALSN> DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP Full Guru Analysis for DECK> Full Factor Report for DECK> G-III APPAREL GROUP, LTD. (GIII) is a small-cap value stock in the Apparel/Accessories industry.
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Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC Full Guru Analysis for ALSN> Full Factor Report for ALSN> DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP Full Guru Analysis for DECK> Full Factor Report for DECK> G-III APPAREL GROUP, LTD. (GIII) is a small-cap value stock in the Apparel/Accessories industry.
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Detailed Analysis of ALLISON TRANSMISSION HOLDINGS INC Full Guru Analysis for ALSN> Full Factor Report for ALSN> DECKERS OUTDOOR CORP (DECK) is a large-cap growth stock in the Footwear industry. Company Description: Deckers Outdoor Corporation designs, markets and distributes footwear, apparel and accessories developed for both everyday casual lifestyle uses and high-performance activities. Detailed Analysis of DECKERS OUTDOOR CORP Full Guru Analysis for DECK> Full Factor Report for DECK> G-III APPAREL GROUP, LTD. (GIII) is a small-cap value stock in the Apparel/Accessories industry.
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a73bd835-e12f-42e1-9657-f0f60cff6532
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723985.0
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2022-11-19 00:00:00 UTC
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Stock Market Sell-Off: Is Crocs a Buy?
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DECK
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https://www.nasdaq.com/articles/stock-market-sell-off%3A-is-crocs-a-buy
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nan
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nan
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Crocs (NASDAQ: CROX) stock jumped immediately following its early November earnings report. That update showed strong sales growth and robust profitability in the selling period that ended in late September. Those wins came despite major pressures on the footwear industry, too.
But Crocs' shares are still underperforming a weak broader market this year. Through mid-November, the stock is down over 24% compared to a 17% drop in the S&P 500. Let's take a look at whether that underperformance simply reflects added risks to the business or instead creates a compelling buying opportunity.
The latest trends
There was a lot to like in Crocs' latest earnings report. While rival Nike saw weak global growth thanks to slowing demand in China and the U.S., Crocs had a great back-to-school season. Sales rose 20% in its core footwear brand after accounting for currency exchange rate shifts.
The operating profit margin dropped due to increased costs but remained elevated at 28% of sales. That success implied less pressure to cut prices even as consumers became more selective in this inflationary period.
"Our exceptional third quarter results," CEO Andrew Rees said in a press release, "are a testament to the strength of the Crocs and HeyDude brands."
On the downside, Crocs believes a good portion of the recent spike in freight and inventory costs will continue pressuring earnings into 2023. Profits are also being hurt by the strong U.S. dollar. And inventory more than doubled year over year, potentially adding risk around the upcoming holiday shopping season.
Crocs is risky
Most of that inventory jump came from the addition of the HeyDude business, though. As a result, Crocs appears to be in no danger of having to slash prices over the holidays. Management just raised its 2022 outlook to 17% growth in its core business. The HeyDude acquisition isn't bringing any negative surprises so far, either, and is on track to contribute to sales growth and earnings this year.
These factors, combined with Crocs' low valuation, could make the stock an attractive buy right now. The shares are valued at 1.9 times annual sales, compared to 2.8 for Deckers and 3.6 for Nike. Crocs' profitability is much higher than each of these two shoe giants as well.
CROX PS Ratio data by YCharts
Investors might still want to be cautious about jumping into the stock today. The industry is highly sensitive to economic growth trends, which could continue slowing into 2023. And while Crocs hasn't faced intense pressure from price cuts among its rivals, such promotions could accelerate over the holiday period and into early next year. That situation would imperil its impressive profit margin and threaten a key pillar in the bullish thesis for the stock.
Still, management deserves credit for outperforming peers in a volatile industry and for making a bold, but profitable, bet on bulking up its portfolio. Success here makes it more likely that Crocs can deliver industry-thumping returns. That's why the growth stock deserves a spot on your watchlist, if not in your portfolio, right now.
10 stocks we like better than Crocs
When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*
They just revealed what they believe are the ten best stocks for investors to buy right now... and Crocs wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of November 7, 2022
Demitri Kalogeropoulos has positions in Nike. The Motley Fool has positions in and recommends Nike. The Motley Fool recommends Crocs. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The shares are valued at 1.9 times annual sales, compared to 2.8 for Deckers and 3.6 for Nike. "Our exceptional third quarter results," CEO Andrew Rees said in a press release, "are a testament to the strength of the Crocs and HeyDude brands." On the downside, Crocs believes a good portion of the recent spike in freight and inventory costs will continue pressuring earnings into 2023.
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The shares are valued at 1.9 times annual sales, compared to 2.8 for Deckers and 3.6 for Nike. Crocs (NASDAQ: CROX) stock jumped immediately following its early November earnings report. The latest trends There was a lot to like in Crocs' latest earnings report.
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The shares are valued at 1.9 times annual sales, compared to 2.8 for Deckers and 3.6 for Nike. Crocs (NASDAQ: CROX) stock jumped immediately following its early November earnings report. 10 stocks we like better than Crocs When our award-winning analyst team has a stock tip, it can pay to listen.
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The shares are valued at 1.9 times annual sales, compared to 2.8 for Deckers and 3.6 for Nike. Crocs (NASDAQ: CROX) stock jumped immediately following its early November earnings report. And while Crocs hasn't faced intense pressure from price cuts among its rivals, such promotions could accelerate over the holiday period and into early next year.
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14dc4cfd-b9d3-461c-bfb2-7f8a8b4fdfc9
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723986.0
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2022-11-10 00:00:00 UTC
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Analysts See 20% Upside For The Holdings of UGE
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DECK
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https://www.nasdaq.com/articles/analysts-see-20-upside-for-the-holdings-of-uge
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nan
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nan
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Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the ProShares Ultra Consumer Goods ETF (Symbol: UGE), we found that the implied analyst target price for the ETF based upon its underlying holdings is $19.10 per unit.
With UGE trading at a recent price near $15.87 per unit, that means that analysts see 20.33% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of UGE's underlying holdings with notable upside to their analyst target prices are Roblox Corp (Symbol: RBLX), Ford Motor Co. (Symbol: F), and Deckers Outdoor Corp. (Symbol: DECK). Although RBLX has traded at a recent price of $30.92/share, the average analyst target is 30.75% higher at $40.43/share. Similarly, F has 23.92% upside from the recent share price of $13.31 if the average analyst target price of $16.49/share is reached, and analysts on average are expecting DECK to reach a target price of $402.73/share, which is 22.14% above the recent price of $329.72. Below is a twelve month price history chart comparing the stock performance of RBLX, F, and DECK:
Below is a summary table of the current analyst target prices discussed above:
NAME SYMBOL RECENT PRICE AVG. ANALYST 12-MO. TARGET % UPSIDE TO TARGET
ProShares Ultra Consumer Goods ETF UGE $15.87 $19.10 20.33%
Roblox Corp RBLX $30.92 $40.43 30.75%
Ford Motor Co. F $13.31 $16.49 23.92%
Deckers Outdoor Corp. DECK $329.72 $402.73 22.14%
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
10 ETFs With Most Upside To Analyst Targets »
Also see:
HP shares outstanding history
FINX YTD Return
Institutional Holders of PRB
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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ProShares Ultra Consumer Goods ETF UGE $15.87 $19.10 20.33% Roblox Corp RBLX $30.92 $40.43 30.75% Ford Motor Co. F $13.31 $16.49 23.92% Deckers Outdoor Corp. DECK $329.72 $402.73 22.14% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of UGE's underlying holdings with notable upside to their analyst target prices are Roblox Corp (Symbol: RBLX), Ford Motor Co. (Symbol: F), and Deckers Outdoor Corp. (Symbol: DECK). Similarly, F has 23.92% upside from the recent share price of $13.31 if the average analyst target price of $16.49/share is reached, and analysts on average are expecting DECK to reach a target price of $402.73/share, which is 22.14% above the recent price of $329.72.
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Three of UGE's underlying holdings with notable upside to their analyst target prices are Roblox Corp (Symbol: RBLX), Ford Motor Co. (Symbol: F), and Deckers Outdoor Corp. (Symbol: DECK). Similarly, F has 23.92% upside from the recent share price of $13.31 if the average analyst target price of $16.49/share is reached, and analysts on average are expecting DECK to reach a target price of $402.73/share, which is 22.14% above the recent price of $329.72. ProShares Ultra Consumer Goods ETF UGE $15.87 $19.10 20.33% Roblox Corp RBLX $30.92 $40.43 30.75% Ford Motor Co. F $13.31 $16.49 23.92% Deckers Outdoor Corp. DECK $329.72 $402.73 22.14% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now?
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Similarly, F has 23.92% upside from the recent share price of $13.31 if the average analyst target price of $16.49/share is reached, and analysts on average are expecting DECK to reach a target price of $402.73/share, which is 22.14% above the recent price of $329.72. Three of UGE's underlying holdings with notable upside to their analyst target prices are Roblox Corp (Symbol: RBLX), Ford Motor Co. (Symbol: F), and Deckers Outdoor Corp. (Symbol: DECK). Below is a twelve month price history chart comparing the stock performance of RBLX, F, and DECK: Below is a summary table of the current analyst target prices discussed above:
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ProShares Ultra Consumer Goods ETF UGE $15.87 $19.10 20.33% Roblox Corp RBLX $30.92 $40.43 30.75% Ford Motor Co. F $13.31 $16.49 23.92% Deckers Outdoor Corp. DECK $329.72 $402.73 22.14% Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of UGE's underlying holdings with notable upside to their analyst target prices are Roblox Corp (Symbol: RBLX), Ford Motor Co. (Symbol: F), and Deckers Outdoor Corp. (Symbol: DECK). Similarly, F has 23.92% upside from the recent share price of $13.31 if the average analyst target price of $16.49/share is reached, and analysts on average are expecting DECK to reach a target price of $402.73/share, which is 22.14% above the recent price of $329.72.
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a602a2c0-e3dc-477c-b586-6dbd3b3a49f6
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723987.0
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2022-11-02 00:00:00 UTC
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Better Buy: Nike vs. Deckers Outdoor
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DECK
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https://www.nasdaq.com/articles/better-buy%3A-nike-vs.-deckers-outdoor
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nan
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nan
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Nike (NYSE: NKE) is a popular stock to buy on Wall Street. It's the largest footwear brand in the world, but that doesn't mean it's the absolute best stock to buy in the athletic-wear market. The shares have fallen 44% year to date over worries about slowing consumer demand.
Meanwhile, Deckers Outdoor (NYSE: DECK) has significantly outperformed Nike and the broader market, with its stock price little changed this year, as the company's financials have remained quite strong despite the economic headwinds.
Deckers has a lot going for it. While Nike has an iconic brand that gives investors a high degree of certainty about future growth, Deckers has delivered stellar returns to shareholders for a long time based on its ability to build strong offerings like Ugg and Hoka.
Here are three reasons I would buy Deckers over Nike right now.
1. Hoka is growing into a multibillion-dollar brand
Nike has been designing running shoes since the 1970s, and it is quite good at marketing those products. The company has grown from a small business into a giant global brand generating nearly $30 billion in annual footwear sales alone. The swoosh brand prides itself on innovation, but Deckers is proving it can compete with the best.
Hoka is on pace to cross $1 billion in annual sales this year after posting 56% growth last year. Sky-high inflation hasn't stopped its momentum. In the fiscal second quarter ended Sept. 30, Hoka sales grew 58% year over year.
Deckers owns four brands. Ugg is the largest, accounting for 54% of total sales, followed by Hoka at 38%. Smaller brands Teva and Sanuk make up the rest. Ugg is performing well, with sales up 6% last quarter, but management sees Hoka growing into a multibillion-dollar brand over the long term.
2. Deckers is growing faster than Nike
Footwear sales account for about two-thirds of Nike's business, with apparel and sports equipment making up the balance. But Nike's large size is an anchor on its growth compared to the smaller and more nimble Deckers Outdoor.
In the most recent quarter, Nike said global sales of footwear were up 12% year over year on a constant currency basis. However, because most of Nike's revenue is sourced from overseas markets, the rising U.S. dollar has been a headwind for growth. When including the impact of currency fluctuation on Nike's financials, reported revenue only rose 5%.
Strong demand for Hoka boosted Deckers' total sales by 21% through the first half of the year. The shoe specialist generates a small portion of sales from overseas markets, so foreign currency fluctuation isn't pressuring Deckers as much as Nike.
The success of Hoka has made Deckers a more diversified and stronger business. The acquisition of Hoka in 2012 helped shift the company's sales away from the dependency on the fashion-leaning Ugg brand. Since the purchase of Hoka 10 years ago, Deckers has more than doubled sales, outpacing Nike's top-line growth.
Data by YCharts
3. Deckers' valuation is lower
Considering Deckers' superior record of growth, it's no surprise that the stock has outperformed Nike this year. Most importantly, Deckers is delivering profitable growth. Analysts expect Deckers to increase earnings per share at an annualized rate of 16% over the next five years, compared to 6.5% for Nike.
Investors can buy a superior record of revenue and earnings growth for a much cheaper price. Deckers' price-to-earnings (P/E) ratio is currently 20 based on this year's earnings estimates. That is a much better value than Nike's forward P/E of 31.
Data by YCharts
The best reason to invest in Nike is its brand power, which leads to consistent sales every year, but investors are being asked to pay a rich price to own a piece of that prestigious brand. This status has pushed Nike's P/E much higher than underlying growth would warrant, especially when compared to the faster-growing Hoka owner.
Deckers is an under-the-radar stock that seems to be perpetually undervalued by the market. A $10,000 investment in the stock in 2005 would be worth $375,000 today. The same investment that year in Nike now would be worth less than a quarter of that amount. Nike's shoes win on style, but Hoka's popular Bondi running shoe line is clearly winning over consumers for its comfortable cushioning technology.
Deckers now has two strong brands in Ugg and Hoka to drive growth. The stock offers more bang for the buck and is the better buy.
10 stocks we like better than Nike
When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*
They just revealed what they believe are the ten best stocks for investors to buy right now... and Nike wasn't one of them! That's right -- they think these 10 stocks are even better buys.
See the 10 stocks
*Stock Advisor returns as of September 30, 2022
John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nike. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Meanwhile, Deckers Outdoor (NYSE: DECK) has significantly outperformed Nike and the broader market, with its stock price little changed this year, as the company's financials have remained quite strong despite the economic headwinds. While Nike has an iconic brand that gives investors a high degree of certainty about future growth, Deckers has delivered stellar returns to shareholders for a long time based on its ability to build strong offerings like Ugg and Hoka. The shoe specialist generates a small portion of sales from overseas markets, so foreign currency fluctuation isn't pressuring Deckers as much as Nike.
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Meanwhile, Deckers Outdoor (NYSE: DECK) has significantly outperformed Nike and the broader market, with its stock price little changed this year, as the company's financials have remained quite strong despite the economic headwinds. The shoe specialist generates a small portion of sales from overseas markets, so foreign currency fluctuation isn't pressuring Deckers as much as Nike. Deckers has a lot going for it.
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Since the purchase of Hoka 10 years ago, Deckers has more than doubled sales, outpacing Nike's top-line growth. Deckers' valuation is lower Considering Deckers' superior record of growth, it's no surprise that the stock has outperformed Nike this year. Meanwhile, Deckers Outdoor (NYSE: DECK) has significantly outperformed Nike and the broader market, with its stock price little changed this year, as the company's financials have remained quite strong despite the economic headwinds.
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Deckers now has two strong brands in Ugg and Hoka to drive growth. Meanwhile, Deckers Outdoor (NYSE: DECK) has significantly outperformed Nike and the broader market, with its stock price little changed this year, as the company's financials have remained quite strong despite the economic headwinds. Deckers has a lot going for it.
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71c80c65-592b-419c-83ec-bb211ae6f7ff
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723988.0
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2022-10-28 00:00:00 UTC
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Here’s What’s Driving Deckers Outdoor’s (NYSE:DECK) Sell-Off Today
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DECK
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https://www.nasdaq.com/articles/heres-whats-driving-deckers-outdoors-nyse%3Adeck-sell-off-today
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nan
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nan
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Clothing and shoe store and distributor Deckers Outdoor (NYSE: DECK) saw shares slide overnight. The company, best known for its Ugg boot line, fell about 6% at one point today but has since recovered some of those losses. The biggest reason for the slump came from the company's earnings report. It posted earnings of $3.80 per share, which readily beat TipRanks estimates calling for $3.70 per share. However, what really weighed on the company was a full-year forecast that the company reaffirmed.
Deckers Outdoor looked for sales between $3.45 billion and $3.5 billion. Consensus figures looked for Deckers to post sales of $3.51 billion, and that disappointment prompted selling.
I'm bullish on Deckers Outdoor. That's thanks in large part to the fact that it's selling a vital product—hard to go without shoes—which should help insulate it somewhat from a slumping macroeconomic picture.
Though certainly, it will absorb some losses thanks to hesitant consumers and a broad range of competitors in the field, it should still have a decent showing thanks to its own range of brands.
Is DECK a Good Stock to Buy?
Turning to Wall Street, Deckers Outdoor has a Strong Buy consensus rating. That's based on seven Buys and two Holds assigned in the past three months. The average Deckers Outdoor price target of $398.67 implies 15.1% upside potential. Analyst price targets range from a low of $300 per share to a high of $475 per share.
Also, Deckers has a Smart Score of 9 out of 10 on TipRanks. That's the second-highest score the scale can offer. It represents a strong likelihood that the company will do better than the broader market.
Other metrics, meanwhile, are proving quiet. Insider trading has been brisk but uninformative. Meanwhile, hedge funds reduced their shares of Deckers Outdoor in the last quarter, but only by 6,400 shares.
Looking at its financials, revenue and earnings have been rising historically, though its profit margin is declining a bit. Between 2021 and 2022, both revenue and earnings were up. Revenue went from $2.55 billion to $3.15 billion, and earnings went from $382.57 million to $451.95 million. Its profit margin, however, declined slightly from 15.03% in 2021 to 14.35% in 2022. Therefore, its profit margin decline is something to keep an eye on.
Putting All Your Eggs in Several Baskets
The good news for Deckers Outdoor is that it's selling something that most people need every time they set foot outside of their homes: shoes. Granted, its shoes are a bit more upscale than the ordinary, from the popular Ugg boot line to the up-and-coming Hoka running shoe line.
However, that may actually help the company, going forward. Statistically, upscale buyers are the most resistant to an economic downturn. That won't be the case forever, but the upscale buyer is usually the last to fold.
Additionally, while Ugg is arguably Deckers Outdoor's flagship brand right now, Hoka is rapidly gaining. Currently, Hoka is the second-highest-ranked brand in "specialty running." Some even suggest that, by 2025, Hoka could account for half of all of Deckers' sales - not bad for a brand Deckers has only owned since 2013.
Deckers is also pulling in brand-new support from analysts. It was already pretty positive, and Stifel Financial just threw in a new data point this morning. Stifel maintained its Buy recommendation and upped its price target from $367 to $390.
Conclusion: Defying a Dangerous Landscape
In a way, Deckers Outdoor is almost like a set of shoes for your portfolio. The company is set up in such a way as to protect itself from harm in uncertain footing.
The company has a range of brands to offer. These brands are catching on with high-end shoppers, which helps ensure a stable market in an unstable macroeconomic setting.
While the buy-in price is substantial, up around $340 per share, it's still closer to its lowest targets than it is to its average or even its highest. That represents significant potential for future gains.
Granted, retail will take a hit in the market, going forward. With hesitant consumers pulling in their wallets, the chance of realizing the most in sales is limited at best. However, Deckers has a way of working around that, and that kind of flexibility makes it attractive. That's why I'm bullish on Deckers, a company that stands a better chance than most of surviving the downturn.
Disclosure
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Clothing and shoe store and distributor Deckers Outdoor (NYSE: DECK) saw shares slide overnight. Putting All Your Eggs in Several Baskets The good news for Deckers Outdoor is that it's selling something that most people need every time they set foot outside of their homes: shoes. Deckers Outdoor looked for sales between $3.45 billion and $3.5 billion.
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Deckers Outdoor looked for sales between $3.45 billion and $3.5 billion. The average Deckers Outdoor price target of $398.67 implies 15.1% upside potential. Clothing and shoe store and distributor Deckers Outdoor (NYSE: DECK) saw shares slide overnight.
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Deckers Outdoor looked for sales between $3.45 billion and $3.5 billion. Meanwhile, hedge funds reduced their shares of Deckers Outdoor in the last quarter, but only by 6,400 shares. Some even suggest that, by 2025, Hoka could account for half of all of Deckers' sales - not bad for a brand Deckers has only owned since 2013.
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I'm bullish on Deckers Outdoor. Clothing and shoe store and distributor Deckers Outdoor (NYSE: DECK) saw shares slide overnight. Deckers Outdoor looked for sales between $3.45 billion and $3.5 billion.
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e4bf4733-a755-4871-9350-9941e883a73d
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723989.0
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2022-10-28 00:00:00 UTC
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Deckers (DECK) Q2 Earnings Top Estimates, HOKA Brand Aids
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DECK
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https://www.nasdaq.com/articles/deckers-deck-q2-earnings-top-estimates-hoka-brand-aids
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nan
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nan
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Deckers Outdoor Corporation DECK reported better-than-expected second-quarter fiscal 2023 results, wherein both the top and bottom lines grew year over year. Strength in the HOKA ONE ONE brand contributed to the company’s performance.
Let’s Delve Deeper
Deckers delivered quarterly earnings of $3.80 per share, which comfortably surpassed the Zacks Consensus Estimate of $3.66. The reported figure increased from the year-ago earnings of $3.66 per share.
Net sales of this Goleta, CA-based company rose 21.3% year over year to $875.6 million and outpaced the Zacks Consensus Estimate of $808.3 million. On a constant-currency basis, net sales grew 24.8%. The top-line growth was driven by the UGG, HOKA ONE ONE and Teva brands.
We note that the gross margin contracted 270 basis points to 48.2% during the quarter due to unfavorable foreign currency exchange rates and higher promotional activity for UGG.
SG&A expenses climbed 23.1% year over year to $294.1 million. As a percentage of net sales, SG&A expenses increased 50 basis points to 33.6%.
The company posted an operating income of $127.8 million, marginally down from the $128.2 million reported in the year-ago quarter. The operating margin shrunk 320 basis points to 14.6%.
Deckers Outdoor Corporation Price, Consensus and EPS Surprise
Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote
Brand-Wise Discussion
HOKA ONE ONE brand net sales surged 58.3% to $333 million. UGG brand net sales grew 6.3% to $476.5 million. Teva brand net sales increased 4.3% to $30.1 million.
Net sales for the Sanuk brand declined 25.2% to $7.5 million. Net sales for Other brands, mainly comprising Koolaburra, jumped 17.9% to $28.5 million.
Channel & Geography-Wise Discussion
Wholesale net sales increased 16.7% year over year to $636.5 million. Direct-to-Consumer (“DTC”) net sales rose 35.3% to $239.1 million, while comparable DTC net sales jumped 38.2%.
Domestic net sales increased 20% year over year to $617.7 million, while International net sales rose 24.4% to $257.9 million.
Other Financial Aspects
Cash and cash equivalents stood at $419.3 million as of Sep 30, 2022, compared with $746.2 million as of Sep 30, 2021. The company ended the quarter with total stockholders’ equity of $1,515.8 million. There were no outstanding borrowings.
During the quarter, the company repurchased about 173 thousand shares for $50.2 million. As of Sep 30, 2022, the company had $1.5 billion remaining under its share repurchase authorization.
A Sneak Peek Into Outlook
Deckers continues to envision fiscal 2023 net sales in the range of $3.45 billion-$3.50 billion. This suggests an increase from the $3.150 billion reported in fiscal 2022.
The company continues to expect fiscal 2023 earnings in the band of $17.50-$18.35 per share. The current view compares favorably with the earnings of $16.26 per share reported last fiscal.
The gross margin is now anticipated at approximately 50.5%. SG&A expenses, as a percentage of sales, are projected at about 33%, with the operating margin expected in the bracket of 17.5-18%.
Shares of this Zacks Rank #3 (Hold) company have risen 35.5% in the past six months against the industry’s decline of 23.1%.
3 Solid Picks
Here we have highlighted three better-ranked stocks, namely Designer Brands DBI, Chico's CHS and Tapestry TPR.
Designer Brands designs, manufactures and retails footwear and accessories. The stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Designer Brands’ current financial-year revenues and EPS suggests growth of 6.9% and 23.5%, respectively, from the year-ago reported figure. DBI has a trailing four-quarter earnings surprise of 55.1%, on average.
Chico's, a Florida-based fashion company, sports a Zacks Rank #1. Chico's has a trailing four-quarter earnings surprise of 249%, on average.
The Zacks Consensus Estimate for Chico's current financial-year revenues and EPS suggests growth of 19.6% and 112.5%, respectively, from the year-ago reported figure.
Tapestry, a provider of luxury accessories and branded lifestyle products, sports a Zacks Rank #1. TPR has an expected EPS growth rate of 12.5% for three to five years.
The Zacks Consensus Estimate for Tapestry’s current financial-year sales and EPS suggests growth of 3.5% and 11%, respectively, from the year-ago period.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK): Free Stock Analysis Report
Chico's FAS, Inc. (CHS): Free Stock Analysis Report
Tapestry, Inc. (TPR): Free Stock Analysis Report
Designer Brands Inc. (DBI): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corporation DECK reported better-than-expected second-quarter fiscal 2023 results, wherein both the top and bottom lines grew year over year. Let’s Delve Deeper Deckers delivered quarterly earnings of $3.80 per share, which comfortably surpassed the Zacks Consensus Estimate of $3.66. Deckers Outdoor Corporation Price, Consensus and EPS Surprise Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote Brand-Wise Discussion HOKA ONE ONE brand net sales surged 58.3% to $333 million.
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Deckers Outdoor Corporation Price, Consensus and EPS Surprise Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote Brand-Wise Discussion HOKA ONE ONE brand net sales surged 58.3% to $333 million. Deckers Outdoor Corporation DECK reported better-than-expected second-quarter fiscal 2023 results, wherein both the top and bottom lines grew year over year. Let’s Delve Deeper Deckers delivered quarterly earnings of $3.80 per share, which comfortably surpassed the Zacks Consensus Estimate of $3.66.
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Deckers Outdoor Corporation Price, Consensus and EPS Surprise Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote Brand-Wise Discussion HOKA ONE ONE brand net sales surged 58.3% to $333 million. Deckers Outdoor Corporation DECK reported better-than-expected second-quarter fiscal 2023 results, wherein both the top and bottom lines grew year over year. Let’s Delve Deeper Deckers delivered quarterly earnings of $3.80 per share, which comfortably surpassed the Zacks Consensus Estimate of $3.66.
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Deckers Outdoor Corporation DECK reported better-than-expected second-quarter fiscal 2023 results, wherein both the top and bottom lines grew year over year. Let’s Delve Deeper Deckers delivered quarterly earnings of $3.80 per share, which comfortably surpassed the Zacks Consensus Estimate of $3.66. Deckers Outdoor Corporation Price, Consensus and EPS Surprise Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote Brand-Wise Discussion HOKA ONE ONE brand net sales surged 58.3% to $333 million.
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e96c1e62-c6b9-4af1-8141-4764ff45531c
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723990.0
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2022-10-27 00:00:00 UTC
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Deckers (DECK) Q2 Earnings and Revenues Surpass Estimates
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DECK
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https://www.nasdaq.com/articles/deckers-deck-q2-earnings-and-revenues-surpass-estimates
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Deckers (DECK) came out with quarterly earnings of $3.80 per share, beating the Zacks Consensus Estimate of $3.66 per share. This compares to earnings of $3.66 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 3.83%. A quarter ago, it was expected that this maker of Ugg footwear would post earnings of $1.33 per share when it actually produced earnings of $1.66, delivering a surprise of 24.81%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Deckers, which belongs to the Zacks Shoes and Retail Apparel industry, posted revenues of $875.61 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 8.33%. This compares to year-ago revenues of $721.9 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Deckers shares have lost about 1.3% since the beginning of the year versus the S&P 500's decline of -19.6%.
What's Next for Deckers?
While Deckers has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Deckers: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $9.66 on $1.28 billion in revenues for the coming quarter and $18.12 on $3.49 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Shoes and Retail Apparel is currently in the bottom 11% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Wolverine World Wide (WWW), another stock in the same industry, has yet to report results for the quarter ended September 2022. The results are expected to be released on November 9.
This footwear maker is expected to post quarterly earnings of $0.57 per share in its upcoming report, which represents a year-over-year change of -8.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Wolverine World Wide's revenues are expected to be $715.64 million, up 12.4% from the year-ago quarter.
This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation
Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.
>>Yes, I Want to Help Protect My Portfolio During the Recession
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK): Free Stock Analysis Report
Wolverine World Wide, Inc. (WWW): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers (DECK) came out with quarterly earnings of $3.80 per share, beating the Zacks Consensus Estimate of $3.66 per share. Deckers, which belongs to the Zacks Shoes and Retail Apparel industry, posted revenues of $875.61 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 8.33%. Deckers shares have lost about 1.3% since the beginning of the year versus the S&P 500's decline of -19.6%.
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Deckers, which belongs to the Zacks Shoes and Retail Apparel industry, posted revenues of $875.61 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 8.33%. Deckers (DECK) came out with quarterly earnings of $3.80 per share, beating the Zacks Consensus Estimate of $3.66 per share. Deckers shares have lost about 1.3% since the beginning of the year versus the S&P 500's decline of -19.6%.
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Deckers (DECK) came out with quarterly earnings of $3.80 per share, beating the Zacks Consensus Estimate of $3.66 per share. Deckers, which belongs to the Zacks Shoes and Retail Apparel industry, posted revenues of $875.61 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 8.33%. Deckers shares have lost about 1.3% since the beginning of the year versus the S&P 500's decline of -19.6%.
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Deckers (DECK) came out with quarterly earnings of $3.80 per share, beating the Zacks Consensus Estimate of $3.66 per share. Deckers, which belongs to the Zacks Shoes and Retail Apparel industry, posted revenues of $875.61 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 8.33%. Deckers shares have lost about 1.3% since the beginning of the year versus the S&P 500's decline of -19.6%.
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b9ae3c5f-3878-411d-ab5d-5b0b3320f69d
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723991.0
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2022-10-27 00:00:00 UTC
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Deckers Outdoor Corp Q2 Profit beats estimates
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-corp-q2-profit-beats-estimates
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nan
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nan
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(RTTNews) - Deckers Outdoor Corp (DECK) announced a profit for second quarter that beat the Street estimates.
The company's earnings totaled $101.5 million, or $3.80 per share. This compares with $102.1 million, or $3.66 per share, in last year's second quarter.
Analysts on average had expected the company to earn $3.68 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 21.3% to $875.6 million from $721.9 million last year.
Deckers Outdoor Corp earnings at a glance (GAAP) :
-Earnings (Q2): $101.5 Mln. vs. $102.1 Mln. last year. -EPS (Q2): $3.80 vs. $3.66 last year. -Analyst Estimates: $3.68 -Revenue (Q2): $875.6 Mln vs. $721.9 Mln last year.
-Guidance: Full year EPS guidance: $17.50 - $18.35 Full year revenue guidance: $3.45-$3.50 bln
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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(RTTNews) - Deckers Outdoor Corp (DECK) announced a profit for second quarter that beat the Street estimates. Deckers Outdoor Corp earnings at a glance (GAAP) : -Earnings (Q2): $101.5 Mln. Analysts on average had expected the company to earn $3.68 per share, according to figures compiled by Thomson Reuters.
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Deckers Outdoor Corp earnings at a glance (GAAP) : -Earnings (Q2): $101.5 Mln. (RTTNews) - Deckers Outdoor Corp (DECK) announced a profit for second quarter that beat the Street estimates. -Analyst Estimates: $3.68 -Revenue (Q2): $875.6 Mln vs. $721.9 Mln last year.
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(RTTNews) - Deckers Outdoor Corp (DECK) announced a profit for second quarter that beat the Street estimates. Deckers Outdoor Corp earnings at a glance (GAAP) : -Earnings (Q2): $101.5 Mln. The company's revenue for the quarter rose 21.3% to $875.6 million from $721.9 million last year.
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Deckers Outdoor Corp earnings at a glance (GAAP) : -Earnings (Q2): $101.5 Mln. (RTTNews) - Deckers Outdoor Corp (DECK) announced a profit for second quarter that beat the Street estimates. The company's earnings totaled $101.5 million, or $3.80 per share.
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723992.0
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2022-10-26 00:00:00 UTC
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5 Must See Earnings Charts This Week
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DECK
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https://www.nasdaq.com/articles/5-must-see-earnings-charts-this-week-2
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nan
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nan
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This week is considered by many to be the most critical of earnings season. Dozens of S&P 500 companies will be reporting including most of the FAANG stocks, Microsoft, Shopify and big oil companies ExxonMobil and Chevron.
If you want to know what the economy looks like, this week will tell us.
These five companies are some of the “must see” earnings reports this week.
They each have a good earnings surprise track record, even if shares are down this year.
Will the earnings report even matter this quarter? Or is guidance all that counts?
5 Must See Earnings Charts This Week
1. Microsoft MSFT
Microsoft has only missed once in the last 5 years and it was actually last quarter. What are the odds that it’s going to bounce back with another beat this quarter? Probably pretty high.
Microsoft shares are down 28% year-to-date. As a result, they’ve gotten cheaper, on a P/E basis. Microsoft now trades for 24x forward earnings.
Should investors be betting on Microsoft in 2022?
2. Visa Inc. V
Visa is the only company with a perfect record since it’s IPO, which happened to be in 2008. It doesn’t get enough credit for keeping this streak alive during the pandemic.
But in spite of the streak, shares are still down in 2022, falling 12%.
Visa isn’t cheap. It trades with a forward P/E of 23.
Should Visa be on your short list?
3. Chipotle Mexican Grill, Inc. CMG
Chipotle Mexican Grill is riding high on the back of its 6 consecutive earnings surprises.
But even the mighty Chipotle can’t escape the market downdraft. Shares of Chipotle are down 11% year-to-date.
Chipotle isn’t cheap. It trades with a forward P/E of 47.
Is Chipotle one of the few growth stocks where investors still have to pay a premium?
4. Teladoc Health, Inct TDOC
Teladoc was a pandemic darling but it also has a solid earnings surprise track record. It has beat 4 quarters in a row.
But shares of Teladoc are down 73% year-to-date. There’s no P/E because the company is expected to lose $61.43 per share in 2022.
Is the selling over in Teladoc or is there still more to come?
5. Deckers Outdoor Corp. DECK
Deckers Outdoor Corp. has two of the hottest brands in footwear: UGG and Hoka One One. It has beat 3 quarters in a row and has only missed one time in the last 5 years.
That’s an impressive streak, especially with an ongoing pandemic.
Shares of Deckers Outdoor Corp. have actually been on the move higher heading into this earnings report. They are down just 1.3% year-to-date.
At 20x earnings, is Deckers a brand worth paying a higher valuation for?
[In full disclosure, Tracey owns shares of MSFT in her own personal portfolio.]
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Microsoft Corporation (MSFT): Free Stock Analysis Report
Visa Inc. (V): Free Stock Analysis Report
Chipotle Mexican Grill, Inc. (CMG): Free Stock Analysis Report
Deckers Outdoor Corporation (DECK): Free Stock Analysis Report
Teladoc Health, Inc. (TDOC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Shares of Deckers Outdoor Corp. have actually been on the move higher heading into this earnings report. Deckers Outdoor Corporation (DECK): Free Stock Analysis Report Deckers Outdoor Corp. DECK Deckers Outdoor Corp. has two of the hottest brands in footwear: UGG and Hoka One One.
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Deckers Outdoor Corporation (DECK): Free Stock Analysis Report Deckers Outdoor Corp. DECK Deckers Outdoor Corp. has two of the hottest brands in footwear: UGG and Hoka One One. Shares of Deckers Outdoor Corp. have actually been on the move higher heading into this earnings report.
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Deckers Outdoor Corp. DECK Deckers Outdoor Corp. has two of the hottest brands in footwear: UGG and Hoka One One. Shares of Deckers Outdoor Corp. have actually been on the move higher heading into this earnings report. At 20x earnings, is Deckers a brand worth paying a higher valuation for?
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Deckers Outdoor Corp. DECK Deckers Outdoor Corp. has two of the hottest brands in footwear: UGG and Hoka One One. Shares of Deckers Outdoor Corp. have actually been on the move higher heading into this earnings report. At 20x earnings, is Deckers a brand worth paying a higher valuation for?
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723993.0
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2022-10-21 00:00:00 UTC
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Zacks Value Investor Highlights: Deckers Outdoor, Boot Barn, Tapestry, Lululemon and Home Depot
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DECK
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https://www.nasdaq.com/articles/zacks-value-investor-highlights%3A-deckers-outdoor-boot-barn-tapestry-lululemon-and-home
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For Immediate Release
Chicago, IL – October 21, 2022 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/1995282/do-you-dare-buy-retail-stocks-right-now
Do You Dare Buy Retail Stocks Right Now?
Welcome to Episode #302 of the Value Investor Podcast.
(0:45) - Finding True Value Stocks: Avoiding The Traps
(8:00) - Investor Watchlist: Tracey’s Top Stock Picks
(27:20) - Episode Roundup: OLPX, DECK, CROX, BOOT, TPR, LULU, HD
Podcast@Zacks.com
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
While there are plenty of value stocks out there, are they all good quality cheap stocks?
Or will the slowing economy throw a wrench into companies’ outlook and guidance in 2023?
Olaplex Cuts Guidance
Olaplex, the popular haircare company that went IPO in 2021, was humming along all year until Oct 18, 2022, when it suddenly issued a press release cutting its full year sales guidance in half. It now sees sales up 18%, which was down from its prior guidance of 36% growth.
Shares tumbled over 50% on the news.
But are shares now “cheap”? Earnings estimates will be cut and it still has a P/E of 18. And what if business slows further later this year?
In an uncertain macro environment, value investing can be like catching a falling knife.
Should You Take a Chance on These 5 Retailers?
Still, there are plenty of top retailers out there who have been executing this year. And some of them are already cheap.
1. Deckers Outdoor Corp. (DECK)
Deckers is a specialty retailer that owns UGG and Hoka One One brands, among others. It’s been a popular growth stock for several years.
Shares of Deckers pulled back to start 2022, but over the last 3 months it has rallied 28%.
It’s about to report earnings again.
Is it too late to buy Deckers or will it get cheaper in 2023?
2. Boot Barn Holdings, Inc. (BOOT)
Boot Barn operates 322 stores in 40 states that sell western and work-related footwear, apparel and accessories for men, women and children.
Shares of Boot Barn has sunk in 2022, falling 56% year-to-date. They’re now at 52-week lows.
Boot Barn is cheap, with a forward P/E of just 9.5.
But is it really cheap or is it a trap as the economy slows?
3. Tapestry (TPR)
Tapestry operates three leading lifestyle brands in Coach, Kate Spade and Stuart Weitzman. It sells online and in retail and department stores worldwide.
Tapestry shares are down in 2022, but “only” 24% year-to-date and just 3.8% over the last 3 months. But they are dirt cheap, with a forward P/E of 8.
Tapestry is a favorite with the dividend income investors because it pays a dividend currently yielding 3.8%.
With luxury holding up well in 2022, is Tapestry a true value?
4. Lululemon (LULU)
Lululemon is one of the top athletic and leisure apparel, shoes and accessory retailers in the world. But in an economic slowdown, it will likely get hit too.
Currently, earnings are expected to rise 26% this year and 16% next year. But as we saw with Olaplex, the outlook can change quickly.
Shares of Lululemon are down 24% year-to-date. Are they cheap after the sell-off?
Should investors be considering buying Lululemon now?
5. Home Depot (HD)
Home Depot was a big pandemic winner as everyone stayed home, bought outdoor furniture and grills, fixed up their kitchens, painted their home office and planted a new garden.
But with the economy reopening and the housing market slowing, will Home Depot struggle?
Shares are down 33% year-to-date, but just 6.5% over the last 3 months.
It’s not dirt cheap, yet, with a forward P/E of 17.
Should Home Depot be on your value stock watch list?
What Else Should You Know About the Retailers in 2022?
Tune into this week’s podcast to find out.
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Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec and she also hosts the Zacks Market Edge Podcast on iTunes.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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The Home Depot, Inc. (HD): Free Stock Analysis Report
Deckers Outdoor Corporation (DECK): Free Stock Analysis Report
lululemon athletica inc. (LULU): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
Tapestry, Inc. (TPR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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(0:45) - Finding True Value Stocks: Avoiding The Traps (8:00) - Investor Watchlist: Tracey’s Top Stock Picks (27:20) - Episode Roundup: OLPX, DECK, CROX, BOOT, TPR, LULU, HD Podcast@Zacks.com Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks. Deckers Outdoor Corp. (DECK) Deckers is a specialty retailer that owns UGG and Hoka One One brands, among others. Shares of Deckers pulled back to start 2022, but over the last 3 months it has rallied 28%.
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(0:45) - Finding True Value Stocks: Avoiding The Traps (8:00) - Investor Watchlist: Tracey’s Top Stock Picks (27:20) - Episode Roundup: OLPX, DECK, CROX, BOOT, TPR, LULU, HD Podcast@Zacks.com Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks. Deckers Outdoor Corp. (DECK) Deckers is a specialty retailer that owns UGG and Hoka One One brands, among others. Shares of Deckers pulled back to start 2022, but over the last 3 months it has rallied 28%.
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(0:45) - Finding True Value Stocks: Avoiding The Traps (8:00) - Investor Watchlist: Tracey’s Top Stock Picks (27:20) - Episode Roundup: OLPX, DECK, CROX, BOOT, TPR, LULU, HD Podcast@Zacks.com Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks. Deckers Outdoor Corp. (DECK) Deckers is a specialty retailer that owns UGG and Hoka One One brands, among others. Shares of Deckers pulled back to start 2022, but over the last 3 months it has rallied 28%.
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(0:45) - Finding True Value Stocks: Avoiding The Traps (8:00) - Investor Watchlist: Tracey’s Top Stock Picks (27:20) - Episode Roundup: OLPX, DECK, CROX, BOOT, TPR, LULU, HD Podcast@Zacks.com Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks. Deckers Outdoor Corp. (DECK) Deckers is a specialty retailer that owns UGG and Hoka One One brands, among others. Shares of Deckers pulled back to start 2022, but over the last 3 months it has rallied 28%.
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2022-10-21 00:00:00 UTC
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Deckers' (DECK) Teva Ties Up With Macy's & UNWRP Before Holiday
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https://www.nasdaq.com/articles/deckers-deck-teva-ties-up-with-macys-unwrp-before-holiday
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Deckers Outdoor Corporation DECK is focused on product innovations, store expansion and enhancement of e-commerce capabilities. DECK’s aim to expand its brand assortments, bring a more innovative line of products and optimize the omnichannel distribution bodes well.
In recent developments, Deckers’ unit Teva announced the Artist Series Collaboration in coordination with Macy's M, just before the festive season. DECK also introduced the Teva x UNWRP holiday capsule. This footwear collection is now available at Teva.com and Macys.com besides M’s select outlets.
The aforementioned partnership features one exclusive footwear silhouette based on the signature artwork from UNWRP, which is likely to encourage self-expression and outdoor exploration. We note that UNWRP, with bold and joyful artwork, is famous for its non-traditional gift wrap and home décor, elevating the gifting experience. The Teva and UNWRP limited-edition assortment is created for exploring new paths. The ReEmber silhouette brings up UNWRP's colorful designs with Teva's outdoor roots.
We note that the Teva brand’s product line includes sandals, shoes and boots. In first-quarter fiscal 2023, Teva brand’s net sales increased 2% to $59.6 million and came almost in line with the consensus mark of $59.1 million. This aided Deckers’ overall sales in the reported quarter.
Image Source: Zacks Investment Research
Over the past three months, shares of this presently Zacks Rank #3 (Hold) Deckers have increased 18.4% against the industry’s 16.7% decline. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Other Players’ Efforts to Make Holiday Season More Cheerful
Retailers have already begun prepping for the festive period. As the holiday season is approaching, retailers are busily expanding their omnichannel capabilities, enhancing store operations, announcing holiday deals with greater savings and boosting guests’ experience.
Mega retailer Target Corporation TGT rolled out exclusive deals with higher savings to make the holiday season more delightful for its guests. TGT announced plans to hire up to 100,000 seasonal team executives to aid customers with easy shopping and seamless service throughout the season. Management stated that its Weeklong Black Friday Deals and Deal of the Day are starting three weeks earlier this year than last year so that guests can make huge savings this season. Both weekly and daily deals, which are available now, feature TGT’s best-planned prices for well-known national brands and only-at-Target exclusive labels.
The retail behemoth, Walmart WMT, plans to hire about 40,000 workers, including seasonal and full-time. WMT will also offer additional hours to its existing workers. The job roles include seasonal store associates, full-time permanent truck drivers and customer care associates. WMT is making solid price investments across key categories to offer great value to its customers.
Walmart is on track to transform and modernize its supply chain to add cutting-edge automation technology to its facilities. It announced opening a 1.1-million-square-foot Next Generation fulfillment center (FC) in Joliet, IL. The retailer also enriched its holiday gift assortment with increased options this season and included new brands and additional Walmart exclusives.
The omnichannel player Macy’s also plans to fill more than 41,000 full and part-time seasonal positions. M took initiatives to better engage with customers and gain a plum market share. Management believes that the Polaris Strategy positions it well to navigate the dynamic retail landscape.
Macy’s has also been reinforcing its omnichannel capabilities with investments in online shopping experiences, data and analytics, technology infrastructure, and better fulfillment capabilities.
Image Source: Zacks Investment Research
Over the past three months, shares of Target have lost 2.1%, whereas shares of Walmart and Macy’s have gained 1.5% and 1.6%, respectively. The S&P 500 Index has fallen 6.7% in the same time frame.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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Macy's, Inc. (M): Free Stock Analysis Report
Target Corporation (TGT): Free Stock Analysis Report
Walmart Inc. (WMT): Free Stock Analysis Report
Deckers Outdoor Corporation (DECK): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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DECK’s aim to expand its brand assortments, bring a more innovative line of products and optimize the omnichannel distribution bodes well. Deckers Outdoor Corporation DECK is focused on product innovations, store expansion and enhancement of e-commerce capabilities. In recent developments, Deckers’ unit Teva announced the Artist Series Collaboration in coordination with Macy's M, just before the festive season.
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Image Source: Zacks Investment Research Over the past three months, shares of this presently Zacks Rank #3 (Hold) Deckers have increased 18.4% against the industry’s 16.7% decline. Deckers Outdoor Corporation (DECK): Free Stock Analysis Report Deckers Outdoor Corporation DECK is focused on product innovations, store expansion and enhancement of e-commerce capabilities.
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Deckers Outdoor Corporation DECK is focused on product innovations, store expansion and enhancement of e-commerce capabilities. DECK’s aim to expand its brand assortments, bring a more innovative line of products and optimize the omnichannel distribution bodes well. In recent developments, Deckers’ unit Teva announced the Artist Series Collaboration in coordination with Macy's M, just before the festive season.
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Deckers Outdoor Corporation DECK is focused on product innovations, store expansion and enhancement of e-commerce capabilities. DECK’s aim to expand its brand assortments, bring a more innovative line of products and optimize the omnichannel distribution bodes well. In recent developments, Deckers’ unit Teva announced the Artist Series Collaboration in coordination with Macy's M, just before the festive season.
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2022-10-21 00:00:00 UTC
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Deckers (DECK) Lined Up for Q2 Earnings: What's in Store?
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https://www.nasdaq.com/articles/deckers-deck-lined-up-for-q2-earnings%3A-whats-in-store
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Deckers Outdoor Corporation DECK is likely to register an increase in the top line when it reports second-quarter fiscal 2023 earnings results on Oct 27 after market close. The Zacks Consensus Estimate for revenues is pegged at $808.3 million, indicating an improvement of 12% from the prior-year reported figure.
The bottom line of this designer, marketer and distributor of footwear, apparel and accessories is expected to decline year over year. Although the Zacks Consensus Estimate for second-quarter earnings per share has risen 1.4% to $3.63 over the past 30 days, it suggests a decline from the $3.66 per share reported in the year-ago period.
Deckers has a trailing four-quarter earnings surprise of 27.8%, on average. In the last reported quarter, this Goleta, CA-based company’s bottom line outperformed the Zacks Consensus Estimate by a margin of 24.8%.
Key Factors to Note
Deckers’ second-quarter performance is likely to have benefited from the acceleration of omnichannel capabilities, a customer-centric approach and marketing strategies. The company’s focus on expanding brand assortments, introducing an innovative line of products and enhancing the direct-to-consumer business might have acted as tailwinds. Additionally, strategic price increases of products might have supported the top line in the quarter under review.
Keeping pace with changing trends, Deckers has constantly been developing its e-commerce portal to capture incremental sales. The company has been making substantial investments to strengthen its online presence and enhance the shopping experience. Management is focused on ramping up the inventory in response to supply-chain bottlenecks, optimizing the channel mix to fulfill consumer demand and scaling production to support the growth of brands.
We note that the Zacks Consensus Estimate for second-quarter sales at the HOKA ONE ONE brand is pegged at $290 million, suggesting an increase of 37.8% year over year. The consensus estimate for the Teva brand currently stands at $29 million, almost flat with the year-ago period.
The consensus estimate for sales at the UGG brand is pegged at $448 million, even with the prior-year quarter. The consensus mark for sales at the Sanuk brand stands at $10.1 million, flat with the prior-year quarter. Other brands, primarily composed of Koolaburra, are expected to increase 9.9% to $26.6 million.
While the aforementioned factors raise optimism, higher freight costs, labor shortages, strengthening of the U.S. dollar and geopolitical tensions are some of the headwinds Deckers might have encountered.
Deckers Outdoor Corporation Price, Consensus and EPS Surprise
Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote
What the Zacks Model Unveils
Our proven model doesn’t conclusively predict an earnings beat for Deckers this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that’s not the case here. You can see the complete list of today’s Zacks #1 Rank stocks here.
Although Deckers currently has a Zacks Rank #3, its Earnings ESP of -5.56% makes a surprise prediction difficult. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks Poised to Beat Earnings Estimates
Here are some companies worth considering as our model shows that these have the right combination of elements to beat earnings this season:
Home Depot HD currently has an Earnings ESP of +0.51% and a Zacks Rank of 2. The company is likely to register an increase in the bottom line when it reports third-quarter fiscal 2022 numbers. The Zacks Consensus Estimate for quarterly earnings per share of $4.11 suggests an increase of 4.9% from the year-ago reported number.
Home Depot's top line is expected to increase year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $37.9 billion, which suggests an increase of 2.9% from the prior-year quarter. HD has a trailing four-quarter earnings surprise of 7.2%, on average.
Costco COST currently has an Earnings ESP of +0.53% and a Zacks Rank #3. The company is expected to register bottom-line growth when it reports first-quarter fiscal 2023 results. The Zacks Consensus Estimate for quarterly earnings per share of $3.15 suggests an increase of 6.1% from the year-ago quarter.
Costco's top line is anticipated to rise year over year. The consensus mark for revenues is pegged at $54.98 billion, indicating an increase of 9.2% from the figure reported in the year-ago quarter. COST has a trailing four-quarter earnings surprise of 7.7%, on average.
Foot Locker FL currently has an Earnings ESP of +16.94% and a Zacks Rank #3. The company is likely to register a bottom-line decline when it reports third-quarter fiscal 2022 numbers. The Zacks Consensus Estimate for quarterly earnings per share of $1.10 suggests a decline from the $1.93 reported in the year-ago quarter.
Foot Locker's top line is expected to decline year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $2.10 billion, which indicates a decline of 3.9% from the figure reported in the prior-year quarter. Foot Locker has a trailing four-quarter earnings surprise of 28.6%, on average.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Home Depot, Inc. (HD): Free Stock Analysis Report
Deckers Outdoor Corporation (DECK): Free Stock Analysis Report
Costco Wholesale Corporation (COST): Free Stock Analysis Report
Foot Locker, Inc. (FL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers Outdoor Corporation DECK is likely to register an increase in the top line when it reports second-quarter fiscal 2023 earnings results on Oct 27 after market close. While the aforementioned factors raise optimism, higher freight costs, labor shortages, strengthening of the U.S. dollar and geopolitical tensions are some of the headwinds Deckers might have encountered. Deckers has a trailing four-quarter earnings surprise of 27.8%, on average.
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Deckers Outdoor Corporation DECK is likely to register an increase in the top line when it reports second-quarter fiscal 2023 earnings results on Oct 27 after market close. Deckers Outdoor Corporation Price, Consensus and EPS Surprise Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote What the Zacks Model Unveils Our proven model doesn’t conclusively predict an earnings beat for Deckers this time. Deckers Outdoor Corporation (DECK): Free Stock Analysis Report
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Deckers Outdoor Corporation Price, Consensus and EPS Surprise Deckers Outdoor Corporation price-consensus-eps-surprise-chart | Deckers Outdoor Corporation Quote What the Zacks Model Unveils Our proven model doesn’t conclusively predict an earnings beat for Deckers this time. Deckers Outdoor Corporation DECK is likely to register an increase in the top line when it reports second-quarter fiscal 2023 earnings results on Oct 27 after market close. Deckers has a trailing four-quarter earnings surprise of 27.8%, on average.
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Although Deckers currently has a Zacks Rank #3, its Earnings ESP of -5.56% makes a surprise prediction difficult. Deckers Outdoor Corporation DECK is likely to register an increase in the top line when it reports second-quarter fiscal 2023 earnings results on Oct 27 after market close. Deckers has a trailing four-quarter earnings surprise of 27.8%, on average.
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2022-10-20 00:00:00 UTC
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Earnings Preview: Deckers (DECK) Q2 Earnings Expected to Decline
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https://www.nasdaq.com/articles/earnings-preview%3A-deckers-deck-q2-earnings-expected-to-decline
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The market expects Deckers (DECK) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2022. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 27. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus Estimate
This maker of Ugg footwear is expected to post quarterly earnings of $3.63 per share in its upcoming report, which represents a year-over-year change of -0.8%.
Revenues are expected to be $808.31 million, up 12% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has been revised 0.54% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Earnings Whisper
Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Deckers?
For Deckers, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -5.56%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Deckers will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?
While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Deckers would post earnings of $1.33 per share when it actually produced earnings of $1.66, delivering a surprise of +24.81%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom Line
An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Deckers doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected Results
Among the stocks in the Zacks Shoes and Retail Apparel industry, Skechers (SKX) is soon expected to post earnings of $0.74 per share for the quarter ended September 2022. This estimate indicates a year-over-year change of +12.1%. This quarter's revenue is expected to be $1.84 billion, up 18.4% from the year-ago quarter.
The consensus EPS estimate for Skechers has been revised 0.5% lower over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of 0.23%.
This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that Skechers will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Deckers Outdoor Corporation (DECK): Free Stock Analysis Report
Skechers U.S.A., Inc. (SKX): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The market expects Deckers (DECK) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2022. How Have the Numbers Shaped Up for Deckers? For Deckers, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects.
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The market expects Deckers (DECK) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2022. How Have the Numbers Shaped Up for Deckers? For Deckers, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects.
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For Deckers, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. The market expects Deckers (DECK) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2022. How Have the Numbers Shaped Up for Deckers?
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The market expects Deckers (DECK) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2022. How Have the Numbers Shaped Up for Deckers? For Deckers, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects.
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cc187103-c542-49f9-aee5-08d7d90913d2
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723997.0
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2022-10-18 00:00:00 UTC
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DECK January 2023 Options Begin Trading
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DECK
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https://www.nasdaq.com/articles/deck-january-2023-options-begin-trading
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nan
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nan
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Investors in Deckers Outdoor Corp. (Symbol: DECK) saw new options become available today, for the January 2023 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 94 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DECK options chain for the new January 2023 contracts and identified one put and one call contract of particular interest.
The put contract at the $350.00 strike price has a current bid of $25.50. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $350.00, but will also collect the premium, putting the cost basis of the shares at $324.50 (before broker commissions). To an investor already interested in purchasing shares of DECK, that could represent an attractive alternative to paying $357.70/share today.
Because the $350.00 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 7.29% return on the cash commitment, or 28.28% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for Deckers Outdoor Corp., and highlighting in green where the $350.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $360.00 strike price has a current bid of $31.20. If an investor was to purchase shares of DECK stock at the current price level of $357.70/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $360.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 9.37% if the stock gets called away at the January 2023 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DECK shares really soar, which is why looking at the trailing twelve month trading history for Deckers Outdoor Corp., as well as studying the business fundamentals becomes important. Below is a chart showing DECK's trailing twelve month trading history, with the $360.00 strike highlighted in red:
Considering the fact that the $360.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 8.72% boost of extra return to the investor, or 33.85% annualized, which we refer to as the YieldBoost.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $357.70) to be 48%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Top YieldBoost Calls of the S&P 500 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Of course, a lot of upside could potentially be left on the table if DECK shares really soar, which is why looking at the trailing twelve month trading history for Deckers Outdoor Corp., as well as studying the business fundamentals becomes important. Below is a chart showing DECK's trailing twelve month trading history, with the $360.00 strike highlighted in red: Considering the fact that the $360.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deckers Outdoor Corp. (Symbol: DECK) saw new options become available today, for the January 2023 expiration.
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Below is a chart showing DECK's trailing twelve month trading history, with the $360.00 strike highlighted in red: Considering the fact that the $360.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Investors in Deckers Outdoor Corp. (Symbol: DECK) saw new options become available today, for the January 2023 expiration.
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Below is a chart showing the trailing twelve month trading history for Deckers Outdoor Corp., and highlighting in green where the $350.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $360.00 strike price has a current bid of $31.20. Below is a chart showing DECK's trailing twelve month trading history, with the $360.00 strike highlighted in red: Considering the fact that the $360.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deckers Outdoor Corp. (Symbol: DECK) saw new options become available today, for the January 2023 expiration.
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At Stock Options Channel, our YieldBoost formula has looked up and down the DECK options chain for the new January 2023 contracts and identified one put and one call contract of particular interest. Below is a chart showing DECK's trailing twelve month trading history, with the $360.00 strike highlighted in red: Considering the fact that the $360.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Deckers Outdoor Corp. (Symbol: DECK) saw new options become available today, for the January 2023 expiration.
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08dbe0ef-e48b-423f-be3b-d56f0ef9593e
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723998.0
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2022-10-07 00:00:00 UTC
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Deckers Outdoor's (NYSE:DECK) 39% CAGR outpaced the company's earnings growth over the same five-year period
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DECK
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https://www.nasdaq.com/articles/deckers-outdoors-nyse%3Adeck-39-cagr-outpaced-the-companys-earnings-growth-over-the-same
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nan
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nan
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Long term investing can be life changing when you buy and hold the truly great businesses. And we've seen some truly amazing gains over the years. Just think about the savvy investors who held Deckers Outdoor Corporation (NYSE:DECK) shares for the last five years, while they gained 417%. And this is just one example of the epic gains achieved by some long term investors. It's also good to see the share price up 26% over the last quarter.
After a strong gain in the past week, it's worth seeing if longer term returns have been driven by improving fundamentals.
To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
Over half a decade, Deckers Outdoor managed to grow its earnings per share at 89% a year. This EPS growth is higher than the 39% average annual increase in the share price. Therefore, it seems the market has become relatively pessimistic about the company.
The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image).
NYSE:DECK Earnings Per Share Growth October 7th 2022
Dive deeper into Deckers Outdoor's key metrics by checking this interactive graph of Deckers Outdoor's earnings, revenue and cash flow.
A Different Perspective
While it's never nice to take a loss, Deckers Outdoor shareholders can take comfort that their trailing twelve month loss of 9.5% wasn't as bad as the market loss of around 19%. Of course, the long term returns are far more important and the good news is that over five years, the stock has returned 39% for each year. In the best case scenario the last year is just a temporary blip on the journey to a brighter future. It's always interesting to track share price performance over the longer term. But to understand Deckers Outdoor better, we need to consider many other factors. Case in point: We've spotted 1 warning sign for Deckers Outdoor you should be aware of.
If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Just think about the savvy investors who held Deckers Outdoor Corporation (NYSE:DECK) shares for the last five years, while they gained 417%. Over half a decade, Deckers Outdoor managed to grow its earnings per share at 89% a year. NYSE:DECK Earnings Per Share Growth October 7th 2022 Dive deeper into Deckers Outdoor's key metrics by checking this interactive graph of Deckers Outdoor's earnings, revenue and cash flow.
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NYSE:DECK Earnings Per Share Growth October 7th 2022 Dive deeper into Deckers Outdoor's key metrics by checking this interactive graph of Deckers Outdoor's earnings, revenue and cash flow. Just think about the savvy investors who held Deckers Outdoor Corporation (NYSE:DECK) shares for the last five years, while they gained 417%. Over half a decade, Deckers Outdoor managed to grow its earnings per share at 89% a year.
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NYSE:DECK Earnings Per Share Growth October 7th 2022 Dive deeper into Deckers Outdoor's key metrics by checking this interactive graph of Deckers Outdoor's earnings, revenue and cash flow. Just think about the savvy investors who held Deckers Outdoor Corporation (NYSE:DECK) shares for the last five years, while they gained 417%. Over half a decade, Deckers Outdoor managed to grow its earnings per share at 89% a year.
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Over half a decade, Deckers Outdoor managed to grow its earnings per share at 89% a year. Just think about the savvy investors who held Deckers Outdoor Corporation (NYSE:DECK) shares for the last five years, while they gained 417%. NYSE:DECK Earnings Per Share Growth October 7th 2022 Dive deeper into Deckers Outdoor's key metrics by checking this interactive graph of Deckers Outdoor's earnings, revenue and cash flow.
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4f2f129d-cd5e-465c-a929-b306fba94917
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723999.0
|
2022-10-05 00:00:00 UTC
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Deckers (DECK) Poised Well on DTC Business & Brand Strength
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DECK
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https://www.nasdaq.com/articles/deckers-deck-poised-well-on-dtc-business-brand-strength
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nan
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nan
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Deckers Outdoor Corporation DECK appears good on the back of its robust omni-channel expansion endeavors, and impressive customer-centric product and marketing strategies. In keeping with the changing trends, DECK is constantly developing its e-commerce portal to capture incremental sales. DECK’s focus on expanding brand assortments and introducing more innovative line of products remain other positives.
Let’s Dig Deeper
Talking about Deckers’ efforts, management made substantial investments to strengthen its online presence and improve the shopping experience for customers. DECK is focused on opening smaller concept omni-channel outlets and expanding programs, such as Retail Inventory Online; Infinite UGG; Buy Online, Return In Store; and Click and Collect to enhance customers’ shopping experience.
During the first quarter of fiscal 2023, direct-to-consumer (DTC) business grew 15%, thanks to increasing customer acquisition and retention for the HOKA brand. DTC business grew 58% at HOKA brand.
HOKA ONE ONE brand continues to build customer base through a combination of disruptive product innovation and disciplined marketing approach. Deckers is progressing toward building HOKA ONE ONE into a multibillion-dollar major player, elevating UGG as a global lifestyle brand with diverse product offerings round the year, and enhancing direct-to-consumer business. Deckers plans to open additional retail stores for the HOKA brand and continue exploring opportunities to strategically expand the HOKA brand retail store fleet.
HOKA ONE ONE and Foot Locker partnered to solidify the presence of the former by opening HOKA in a limited number of Foot Locker stores. Also, greater acceptance of the UGG brand's diverse product line along with its progress in Europe and the Asia Pacific bodes well. Management looks to elevate UGG as a global lifestyle brand with diverse product offerings.
Overall, Deckers’ focus on bolstering its e-commerce competencies and investments in digital marketing will continue aiding growth. Strength in DECK’s HOKA ONE ONE label and direct-to-consumer channel will keep driving growth.
We believe that management’s focus on ramping up inventory, optimizing channel mix to fulfill consumer demand, scaling production to support growth of brands and implementing targeted price increases should position Deckers well to respond to any unprecedented challenges.
Deckers, which shares space with Caleres CAL, Steven Madden SHOO and Skechers SKX, envisions net sales growth of 10-11% from the year-ago reported figure to $3.45-$3.50 billion. Management expects HOKA ONE ONE revenues to increase in the 40% range (from mid-to-high-30% previously), indicating an upside from greater inventory availability and stellar first-quarter performance. Management stated that the price increases in the HOKA ONE ONE and UGG brands will help offset freight headwinds and bolster margin in the second half.
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Skechers U.S.A., Inc. (SKX): Free Stock Analysis Report
Deckers Outdoor Corporation (DECK): Free Stock Analysis Report
Steven Madden, Ltd. (SHOO): Free Stock Analysis Report
Caleres, Inc. (CAL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Deckers is progressing toward building HOKA ONE ONE into a multibillion-dollar major player, elevating UGG as a global lifestyle brand with diverse product offerings round the year, and enhancing direct-to-consumer business. We believe that management’s focus on ramping up inventory, optimizing channel mix to fulfill consumer demand, scaling production to support growth of brands and implementing targeted price increases should position Deckers well to respond to any unprecedented challenges. Deckers, which shares space with Caleres CAL, Steven Madden SHOO and Skechers SKX, envisions net sales growth of 10-11% from the year-ago reported figure to $3.45-$3.50 billion.
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DECK is focused on opening smaller concept omni-channel outlets and expanding programs, such as Retail Inventory Online; Infinite UGG; Buy Online, Return In Store; and Click and Collect to enhance customers’ shopping experience. Deckers Outdoor Corporation (DECK): Free Stock Analysis Report Deckers Outdoor Corporation DECK appears good on the back of its robust omni-channel expansion endeavors, and impressive customer-centric product and marketing strategies.
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Deckers is progressing toward building HOKA ONE ONE into a multibillion-dollar major player, elevating UGG as a global lifestyle brand with diverse product offerings round the year, and enhancing direct-to-consumer business. Deckers plans to open additional retail stores for the HOKA brand and continue exploring opportunities to strategically expand the HOKA brand retail store fleet. Deckers Outdoor Corporation (DECK): Free Stock Analysis Report
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We believe that management’s focus on ramping up inventory, optimizing channel mix to fulfill consumer demand, scaling production to support growth of brands and implementing targeted price increases should position Deckers well to respond to any unprecedented challenges. Deckers Outdoor Corporation DECK appears good on the back of its robust omni-channel expansion endeavors, and impressive customer-centric product and marketing strategies. In keeping with the changing trends, DECK is constantly developing its e-commerce portal to capture incremental sales.
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4a2a2d3e-e57d-44be-9145-422b5caa2856
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