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724500.0
|
2017-01-27 00:00:00 UTC
|
Central Garden & Pet (CENT) Q1 Earnings: What's in Store?
|
DECK
|
https://www.nasdaq.com/articles/central-garden-pet-cent-q1-earnings%3A-whats-in-store-2017-01-27
|
nan
|
nan
|
Investors' seem to be enthusiastic just ahead of Central Garden & Pet Company 's CENT first-quarter fiscal 2017 earnings release, which is slated to be announced on Feb 2, 2017. We observe that the stock has advanced roughly 4.7% in the past five days. So, what's driving the stock just before the earnings?
Let's Delve Deep
Central Garden & Pet has a remarkable history, at least in terms of bottom line. The company continued with its positive earnings surprise streak for the ninth straight quarter, when it reported fourth-quarter fiscal 2016 results. Studies indicate that on an average, positive earnings surprises drive strong returns in share price for several weeks following the report. Investors are keeping their fingers crossed over the outcome of the results, as they do want to lose this opportunity.
Shares of this marketer and producer of quality branded products for the lawn & garden and pet supplies markets have advanced approximately 42% in the past six months, while the Zacks categorized Consumer Products-Miscellaneous Discretionary industry has declined 2%. However, the broader Consumer Discretionary sector of which both are part of, has gained 7.5% in the same time frame.
Per the latest Earnings Outlook report as of Jan 26, Consumer Discretionary sector is likely to witness earnings growth of 3.7% and revenue increase of 13.1%. Let's take a closer look as to how Central Garden & Pet is expected to contribute to the sector's performance.
What to Expect from Central Garden & Pet?
Well the obvious question that comes to mind, will Central Garden & Pet be able to continue with its positive earnings surprise streak in the quarter to be reported. The company's past performance reveals that it surpassed the Zacks Consensus Estimate in the trailing four quarters by an average of 72.5%. The current Zacks Consensus Estimate for the quarter is 3 cents, which is couple of cents above from the year-ago quarter. Analysts polled by Zacks expect revenues of $376.4 billion, up about 5% year over year.
Factors Influencing this Quarter
Central Garden & Pet has been revamping both its Pet and Garden segments. Moreover, it intends to have a balanced approach that encompasses improvement in revenues and profits through operational efficiency along with cost reduction. Further, it plans to launch several products that appeal to customers, as well as upgrade its customer service. Organic growth and value accretive acquisitions, such as that of the pet bedding business and divestment of non-strategic assets have been helping the company to enhance its portfolio.
Additionally, Central Garden & Pet's gross margin has shown constant improvement in the past four quarters. Improvement in gross margin can be attributed to the company's efforts toward enhancing manufacturing efficiency and exit from the holiday decor business, which were hurting the margins beside lower raw material costs.
These factors bode well for the company and we hope the quarter turns out to be a favorable one for this Zacks Rank #1 (Strong Buy) company. You can see the complete list of today's Zacks #1 Rank stocks here .
Central Garden & Pet Company Price, Consensus and EPS Surprise
Central Garden & Pet Company Price, Consensus and EPS Surprise | Central Garden & Pet Company Quote
Other Stocks to Watch for Earnings
Investors following the Consumer Discretionary sector may watch out for earnings of Deckers Outdoor Corporation DECK , Michael Kors Holdings Limited KORS and Marriott International, Inc. MAR , which are expected to report quarterly results on February 2, 7 and 15, respectively. You can also uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
The Best Place to Start Your Stock Search
Today, you are invited to download the full list of 220 Zacks Rank #1 ""Strong Buy"" stocks - absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 ""Strong Sells"" and other private research. See these stocks 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
Marriott International (MAR): Free Stock Analysis Report
Central Garden & Pet Company (CENT): Free Stock Analysis Report
Deckers Outdoor Corporation (DECK): Free Stock Analysis Report
Michael Kors Holdings Limited (KORS): Free Stock Analysis Report
To read this article on Zacks.com 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.
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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Central Garden & Pet Company Price, Consensus and EPS Surprise Central Garden & Pet Company Price, Consensus and EPS Surprise | Central Garden & Pet Company Quote Other Stocks to Watch for Earnings Investors following the Consumer Discretionary sector may watch out for earnings of Deckers Outdoor Corporation DECK , Michael Kors Holdings Limited KORS and Marriott International, Inc. MAR , which are expected to report quarterly results on February 2, 7 and 15, respectively. Click to get this free report Marriott International (MAR): Free Stock Analysis Report Central Garden & Pet Company (CENT): Free Stock Analysis Report Deckers Outdoor Corporation (DECK): Free Stock Analysis Report Michael Kors Holdings Limited (KORS): Free Stock Analysis Report To read this article on Zacks.com click here. Investors' seem to be enthusiastic just ahead of Central Garden & Pet Company 's CENT first-quarter fiscal 2017 earnings release, which is slated to be announced on Feb 2, 2017.
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Central Garden & Pet Company Price, Consensus and EPS Surprise Central Garden & Pet Company Price, Consensus and EPS Surprise | Central Garden & Pet Company Quote Other Stocks to Watch for Earnings Investors following the Consumer Discretionary sector may watch out for earnings of Deckers Outdoor Corporation DECK , Michael Kors Holdings Limited KORS and Marriott International, Inc. MAR , which are expected to report quarterly results on February 2, 7 and 15, respectively. Click to get this free report Marriott International (MAR): Free Stock Analysis Report Central Garden & Pet Company (CENT): Free Stock Analysis Report Deckers Outdoor Corporation (DECK): Free Stock Analysis Report Michael Kors Holdings Limited (KORS): Free Stock Analysis Report To read this article on Zacks.com click here. Studies indicate that on an average, positive earnings surprises drive strong returns in share price for several weeks following the report.
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Central Garden & Pet Company Price, Consensus and EPS Surprise Central Garden & Pet Company Price, Consensus and EPS Surprise | Central Garden & Pet Company Quote Other Stocks to Watch for Earnings Investors following the Consumer Discretionary sector may watch out for earnings of Deckers Outdoor Corporation DECK , Michael Kors Holdings Limited KORS and Marriott International, Inc. MAR , which are expected to report quarterly results on February 2, 7 and 15, respectively. Click to get this free report Marriott International (MAR): Free Stock Analysis Report Central Garden & Pet Company (CENT): Free Stock Analysis Report Deckers Outdoor Corporation (DECK): Free Stock Analysis Report Michael Kors Holdings Limited (KORS): Free Stock Analysis Report To read this article on Zacks.com click here. Factors Influencing this Quarter Central Garden & Pet has been revamping both its Pet and Garden segments.
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Central Garden & Pet Company Price, Consensus and EPS Surprise Central Garden & Pet Company Price, Consensus and EPS Surprise | Central Garden & Pet Company Quote Other Stocks to Watch for Earnings Investors following the Consumer Discretionary sector may watch out for earnings of Deckers Outdoor Corporation DECK , Michael Kors Holdings Limited KORS and Marriott International, Inc. MAR , which are expected to report quarterly results on February 2, 7 and 15, respectively. Click to get this free report Marriott International (MAR): Free Stock Analysis Report Central Garden & Pet Company (CENT): Free Stock Analysis Report Deckers Outdoor Corporation (DECK): Free Stock Analysis Report Michael Kors Holdings Limited (KORS): Free Stock Analysis Report To read this article on Zacks.com click here. What to Expect from Central Garden & Pet?
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b222ddd5-5835-4da7-b7a2-de1b83ec1fca
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724501.0
|
2017-01-12 00:00:00 UTC
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Noteworthy Thursday Option Activity: AMBA, DECK, RESI
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DECK
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https://www.nasdaq.com/articles/noteworthy-thursday-option-activity-amba-deck-resi-2017-01-12
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nan
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nan
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Ambarella, Inc. (Symbol: AMBA), where a total of 5,326 contracts have traded so far, representing approximately 532,600 underlying shares. That amounts to about 61.8% of AMBA's average daily trading volume over the past month of 862,020 shares. Particularly high volume was seen for the $55 strike put option expiring January 20, 2017 , with 1,048 contracts trading so far today, representing approximately 104,800 underlying shares of AMBA. Below is a chart showing AMBA's trailing twelve month trading history, with the $55 strike highlighted in orange:
Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 5,016 contracts thus far today. That number of contracts represents approximately 501,600 underlying shares, working out to a sizeable 61% of DECK's average daily trading volume over the past month, of 822,410 shares. Especially high volume was seen for the $55 strike put option expiring February 17, 2017 , with 2,140 contracts trading so far today, representing approximately 214,000 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $55 strike highlighted in orange:
And Altisource Residential Corp (Symbol: RESI) saw options trading volume of 3,109 contracts, representing approximately 310,900 underlying shares or approximately 61% of RESI's average daily trading volume over the past month, of 509,555 shares. Particularly high volume was seen for the $10 strike put option expiring March 17, 2017 , with 3,080 contracts trading so far today, representing approximately 308,000 underlying shares of RESI. Below is a chart showing RESI's trailing twelve month trading history, with the $10 strike highlighted in orange:
For the various different available expirations for AMBA options , DECK options , or RESI options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options 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.
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 $55 strike put option expiring February 17, 2017 , with 2,140 contracts trading so far today, representing approximately 214,000 underlying shares of DECK. Below is a chart showing AMBA's trailing twelve month trading history, with the $55 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 5,016 contracts thus far today. That number of contracts represents approximately 501,600 underlying shares, working out to a sizeable 61% of DECK's average daily trading volume over the past month, of 822,410 shares.
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Below is a chart showing AMBA's trailing twelve month trading history, with the $55 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 5,016 contracts thus far today. Below is a chart showing DECK's trailing twelve month trading history, with the $55 strike highlighted in orange: And Altisource Residential Corp (Symbol: RESI) saw options trading volume of 3,109 contracts, representing approximately 310,900 underlying shares or approximately 61% of RESI's average daily trading volume over the past month, of 509,555 shares. Below is a chart showing RESI's trailing twelve month trading history, with the $10 strike highlighted in orange: For the various different available expirations for AMBA options , DECK options , or RESI options , visit StockOptionsChannel.com.
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Below is a chart showing DECK's trailing twelve month trading history, with the $55 strike highlighted in orange: And Altisource Residential Corp (Symbol: RESI) saw options trading volume of 3,109 contracts, representing approximately 310,900 underlying shares or approximately 61% of RESI's average daily trading volume over the past month, of 509,555 shares. Below is a chart showing AMBA's trailing twelve month trading history, with the $55 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 5,016 contracts thus far today. That number of contracts represents approximately 501,600 underlying shares, working out to a sizeable 61% of DECK's average daily trading volume over the past month, of 822,410 shares.
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Especially high volume was seen for the $55 strike put option expiring February 17, 2017 , with 2,140 contracts trading so far today, representing approximately 214,000 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $55 strike highlighted in orange: And Altisource Residential Corp (Symbol: RESI) saw options trading volume of 3,109 contracts, representing approximately 310,900 underlying shares or approximately 61% of RESI's average daily trading volume over the past month, of 509,555 shares. Below is a chart showing RESI's trailing twelve month trading history, with the $10 strike highlighted in orange: For the various different available expirations for AMBA options , DECK options , or RESI options , visit StockOptionsChannel.com.
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987d1bd8-d727-4aef-92d9-420443d6b5dd
|
724502.0
|
2017-01-02 00:00:00 UTC
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Iconix Brand (ICON) Divests Sharper Image for $100 Million
|
DECK
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https://www.nasdaq.com/articles/iconix-brand-icon-divests-sharper-image-for-%24100-million-2017-01-02
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nan
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nan
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Iconix Brand Group, Inc.ICON recently sold the rights to the Sharper Image brand and related intellectual property assets to ThreeSixty Group, the brand's largest licensee, for $100 million in cash. Shares of the company improved more than 4% after the Dec 30 announcement.
Iconix Brand plans to utilize the net proceeds from the deal plus additional cash to pay approximately $115 million of debt, including the Senior Secured Notes issued under its securitization facility and Senior Secured Term Loan.
Sharper Image is a strong and widely recognized brand. The move, however, was in line with Iconix Brand's focus on managing its portfolio and spending resources on businesses that generate significant volume through both direct-to-retail relationships and global networks. Note that Sharper Image is the second brand to be divested in 2016, the other being Badgley Mischka. Iconix Brand sold the rights to Badgley Mischka IP to Titan Industries, Inc. for $16 million cash in March.
Although the company's expects to record a gain from the transaction, it will not be reflected in its fourth-quarter 2016 results. For 2017, the company expects the net impact of the Sharper Image sale and debt repayment to be neutral to earnings.
Notably, the company remains skeptical about its full-year performance as it slashed its sales guidance and reiterated its earnings expectation for 2016 during the third-quarter 2016 conference call. The lowered view was due to delayed timing in some new men's programs and difficult macro conditions in Europe. We also note that headwinds like higher expenses, adjustments related to the financial restatement, and transition costs may also hamper its profitability.
ICONIX BRAND GP Revenue (Quarterly YoY Growth)
ICONIX BRAND GP Revenue (Quarterly YoY Growth) | ICONIX BRAND GP Quote
Estimates for this Zacks Rank #4 (Sell) stock declined over the past 60 days. For 2016 and 2017, estimates have declined 1.77% and 1.82% to $1.11 and $1.08, respectively. Moreover, the company anticipates 2016 and 2017 earnings to decline 16.5% and 3.2% on a year-over-year basis.
Nevertheless, shares of this clothing brand licensing company have outperformed the industry ever since it reported stellar third-quarter 2016 results, wherein earnings surged about 72.7% from the year-ago level mainly on the back of higher operating income and improved margins. Currency favorably impacted sales in the quarter. The stock improved 16.8% in comparison to the Zacks categorized Shoes & Retail Apparel industry's 1.0% growth.
Stocks to Consider
Some better-ranked stocks in the retail/apparel sector are Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK . While Francesca's Holdings sports a Zacks Rank #1 (Strong Buy), Caleres and Deckers Outdoor hold a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
While Francesca's Holdings has an expected long-term earnings growth of 13.75%, Caleres and Deckers Outdoor have an expected earnings growth of 11.0% and 9.0%, respectively, for the next three to five years.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>
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 (DECK): Free Stock Analysis Report
ICONIX BRAND GP (ICON): Free Stock Analysis Report
FRANCESCAS HLDG (FRAN): 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.
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 to Consider Some better-ranked stocks in the retail/apparel sector are Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK . While Francesca's Holdings sports a Zacks Rank #1 (Strong Buy), Caleres and Deckers Outdoor hold a Zacks Rank #2 (Buy). While Francesca's Holdings has an expected long-term earnings growth of 13.75%, Caleres and Deckers Outdoor have an expected earnings growth of 11.0% and 9.0%, respectively, for the next three to five years.
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While Francesca's Holdings sports a Zacks Rank #1 (Strong Buy), Caleres and Deckers Outdoor hold a Zacks Rank #2 (Buy). Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Some better-ranked stocks in the retail/apparel sector are Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK .
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Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Some better-ranked stocks in the retail/apparel sector are Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK . While Francesca's Holdings sports a Zacks Rank #1 (Strong Buy), Caleres and Deckers Outdoor hold a Zacks Rank #2 (Buy).
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While Francesca's Holdings sports a Zacks Rank #1 (Strong Buy), Caleres and Deckers Outdoor hold a Zacks Rank #2 (Buy). While Francesca's Holdings has an expected long-term earnings growth of 13.75%, Caleres and Deckers Outdoor have an expected earnings growth of 11.0% and 9.0%, respectively, for the next three to five years. Stocks to Consider Some better-ranked stocks in the retail/apparel sector are Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK .
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e4e6810f-85af-452c-9fcc-39632dccc49a
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724503.0
|
2016-12-30 00:00:00 UTC
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Iconix Brand (ICON) Struggles In Spite of Strong Margins
|
DECK
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https://www.nasdaq.com/articles/iconix-brand-icon-struggles-in-spite-of-strong-margins-2016-12-30
|
nan
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nan
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Iconix Brand Group, Inc.ICON remains skeptical about its full-year performance as it slashed its sales guidance and reiterated its earnings expectation for 2016 during the third quarter 2016 conference call. The lowered view was due to delayed timing in some new men's programs and difficult macro conditions in Europe.
Estimates for this Zacks Rank #4 (Sell) stock also declined over the past 60 days period. For 2016 and 2017, estimates have declined 1.7% and 1.8% to $1.11 and $1.08 per share, respectively. Moreover, the company anticipates 2016 and 2017 earnings to decline 16.5% and 3.2% on a year-over-year basis.
ICONIX BRAND GP Price, Consensus and EPS Surprise
ICONIX BRAND GP Price, Consensus and EPS Surprise | ICONIX BRAND GP Quote
However, we note that Iconix reported better-than-expected third-quarter 2016 results and earnings also surged about 72.7% from the year-ago level, mainly due to higher operating income and improved margins. Currency favorably impacted sales in the quarter. In fact, shares of this clothing brand licensing company have been trending higher since the company reported its third-quarter 2016 results. The stock increased 12% in comparison to the Zacks categorized Shoes & Retail Apparel industry, which showcased growth of just 1.5%.
While the company's Home and Entertainment categories recorded growth, the women's and men's segments were sluggish in the last seven consecutive quarters. In the women's segment, the largest component of the decline was the wholesale business, with some pressure on the Rampage brand. The sale of Badgley Mischka in the first quarter of 2016 also led to the decline. There was also continued weakness across the overall men's portfolio.
Overall, we are encouraged by the company's business strategy and its focus on its strong brands and joint ventures to expand its portfolio. However, the headwinds will continue to persist for some more time. We note that it expects other headwinds like higher expenses, adjustments related to the financial restatement, and transition costs to hamper its profitability.
Stocks to Consider
Some better-ranked stocks in the retail/apparel sector are Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK . While Francesca's Holdings sports a Zacks Rank #1 (Strong Buy), Caleres and Deckers Outdoor hold a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
While Francesca's Holdings has an expected long-term earnings growth of 13.75%, Caleres and Deckers Outdoor have an expected earnings growth of 11.0% and 9.0%, respectively, for the next three to five years.
Zacks' Best Private Investment Ideas
In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time?
Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >>
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 (DECK): Free Stock Analysis Report
ICONIX BRAND GP (ICON): Free Stock Analysis Report
FRANCESCAS HLDG (FRAN): Free Stock Analysis Report
CALERES INC (CAL): Free Stock Analysis Report
To read this article on Zacks.com 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Stocks to Consider Some better-ranked stocks in the retail/apparel sector are Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK . While Francesca's Holdings sports a Zacks Rank #1 (Strong Buy), Caleres and Deckers Outdoor hold a Zacks Rank #2 (Buy). While Francesca's Holdings has an expected long-term earnings growth of 13.75%, Caleres and Deckers Outdoor have an expected earnings growth of 11.0% and 9.0%, respectively, for the next three to five years.
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While Francesca's Holdings sports a Zacks Rank #1 (Strong Buy), Caleres and Deckers Outdoor hold a Zacks Rank #2 (Buy). Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Some better-ranked stocks in the retail/apparel sector are Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK .
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While Francesca's Holdings sports a Zacks Rank #1 (Strong Buy), Caleres and Deckers Outdoor hold a Zacks Rank #2 (Buy). Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Some better-ranked stocks in the retail/apparel sector are Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK .
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While Francesca's Holdings has an expected long-term earnings growth of 13.75%, Caleres and Deckers Outdoor have an expected earnings growth of 11.0% and 9.0%, respectively, for the next three to five years. Stocks to Consider Some better-ranked stocks in the retail/apparel sector are Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK . While Francesca's Holdings sports a Zacks Rank #1 (Strong Buy), Caleres and Deckers Outdoor hold a Zacks Rank #2 (Buy).
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ae6ebdc7-eb4d-4acb-a49d-1e2586b5455d
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724504.0
|
2016-12-30 00:00:00 UTC
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Deckers' (DECK) Growth Efforts Hold Promise: Time to Buy?
|
DECK
|
https://www.nasdaq.com/articles/deckers-deck-growth-efforts-hold-promise%3A-time-to-buy-2016-12-30
|
nan
|
nan
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With consistent focus on expanding its brand assortments, targeting consumers digitally via marketing and sturdy eCommerce, along with optimizing omni-channel distribution, Deckers Outdoor CorporationDECK remains confident of sustaining its growth momentum. In addition, its restructuring plan - focused on the realignment of its brands into two groups, consolidating its brand offices for Sanuk and Ahnu brands and optimizing its store fleet - is boding well.
Thanks to these attributes, which have not only aided the stock to outperform the Zacks categorized industry, but also helped Deckers post positive earnings surprise for the sixth straight quarter, as it reported second-quarter fiscal 2017 results. The stock has yielded a return of 17.2% year to date, against the Zacks categorized Shoes and Retail Apparel industry's decline of 15.7%. Moreover, the company carries a Zacks Rank #2 (Buy) and has a long-term earnings growth rate of 9%, which further boost investors' confidence in the stock.
Deckers targets profitable and underpenetrated markets, along with focus on product innovations and store augmentation. Further, management is transitioning to a direct subsidiary model from a distributor model outside the U.S. The company is also making substantial investments to fortify its online presence. Deckers focuses 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, in a bid to enhance customers' shopping experience.
However, Deckers' sales dipped year over year and fell short of the Zacks Consensus Estimate, after surpassing the same in the preceding two quarters, when it posted fiscal second-quarter results. Moreover, management trimmed its fiscal 2017 outlook amid a tough retail landscape.
DECKERS OUTDOOR Price and Consensus
DECKERS OUTDOOR Price and Consensus | DECKERS OUTDOOR Quote
Nonetheless, we believe that the aforementioned strategic endeavors will help Deckers to capture incremental sales, boost profitability and enhance shareholder returns, going forward. Additionally, estimates have been largely stable ahead of the third-quarter fiscal earnings release.
Other Stocks You May Consider
Other favorably placed stocks in the same industry include Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Weyco Group, Inc. WEYS .
Francesca's Holdings, with a long-term earnings growth rate of 13.8%, has surged 66.1% in the past six months. The stock sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Caleres, which carries a Zacks Rank #2, has a long-term earnings growth rate of 11%. The stock has gained 37% in the past six months.
Weyco Group, a Zacks Rank #2 stock, has climbed 16.8% year to date.
Zacks' Best Private Investment Ideas
In addition to the recommendations that are available to the public on our website, how would you like to follow all Zacks' private buys and sells in real time?
Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Starting today, for the next month, you can have unrestricted access. Click here for Zacks' private trades >>
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 (DECK): Free Stock Analysis Report
WEYCO GROUP (WEYS): Free Stock Analysis Report
FRANCESCAS HLDG (FRAN): 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.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
With consistent focus on expanding its brand assortments, targeting consumers digitally via marketing and sturdy eCommerce, along with optimizing omni-channel distribution, Deckers Outdoor CorporationDECK remains confident of sustaining its growth momentum. Thanks to these attributes, which have not only aided the stock to outperform the Zacks categorized industry, but also helped Deckers post positive earnings surprise for the sixth straight quarter, as it reported second-quarter fiscal 2017 results. Deckers targets profitable and underpenetrated markets, along with focus on product innovations and store augmentation.
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DECKERS OUTDOOR Price and Consensus DECKERS OUTDOOR Price and Consensus | DECKERS OUTDOOR Quote Nonetheless, we believe that the aforementioned strategic endeavors will help Deckers to capture incremental sales, boost profitability and enhance shareholder returns, going forward. Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WEYCO GROUP (WEYS): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here. With consistent focus on expanding its brand assortments, targeting consumers digitally via marketing and sturdy eCommerce, along with optimizing omni-channel distribution, Deckers Outdoor CorporationDECK remains confident of sustaining its growth momentum.
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Thanks to these attributes, which have not only aided the stock to outperform the Zacks categorized industry, but also helped Deckers post positive earnings surprise for the sixth straight quarter, as it reported second-quarter fiscal 2017 results. Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WEYCO GROUP (WEYS): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here. With consistent focus on expanding its brand assortments, targeting consumers digitally via marketing and sturdy eCommerce, along with optimizing omni-channel distribution, Deckers Outdoor CorporationDECK remains confident of sustaining its growth momentum.
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With consistent focus on expanding its brand assortments, targeting consumers digitally via marketing and sturdy eCommerce, along with optimizing omni-channel distribution, Deckers Outdoor CorporationDECK remains confident of sustaining its growth momentum. However, Deckers' sales dipped year over year and fell short of the Zacks Consensus Estimate, after surpassing the same in the preceding two quarters, when it posted fiscal second-quarter results. Thanks to these attributes, which have not only aided the stock to outperform the Zacks categorized industry, but also helped Deckers post positive earnings surprise for the sixth straight quarter, as it reported second-quarter fiscal 2017 results.
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8e584c7e-65b4-478f-aad8-647e6adcb310
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724505.0
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2016-12-29 00:00:00 UTC
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Skechers (SKX) Focused on Strategic Growth: Time to Hold?
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DECK
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https://www.nasdaq.com/articles/skechers-skx-focused-on-strategic-growth%3A-time-to-hold-2016-12-29
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nan
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nan
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With greater emphasis on the new line of products, cost containment efforts, inventory management, global distribution platform and solid backlogs, Skechers U.S.A., Inc.SKX is well positioned to sustain its growth momentum. Also, the company continues to offer a diversified portfolio of brands, including a wide range of fashion, athletic, non-athletic and work footwear, at compelling prices.
We believe that Skechers' multi-brand strategy will enable the company to roll out new products, without cannibalizing its existing brands. This will also aid it in expanding the targeted demographic profile of customers.
Alongside, management remains focused on product innovation, additional store openings and increasing distribution channels, by entering into international distribution agreements, in order to boost sales and profitability. Moreover, Skechers' international business remains a considerable sales growth driver for the company, with Europe being the significant market outside the U.S.
In addition, Skechers is poised to reinforce its global footprint in the footwear market through its distribution networks, subsidiaries and joint ventures. Further, the company is transitioning international distributors to subsidiary or joint-venture model.
SKECHERS USA-A Price and Consensus
SKECHERS USA-A Price and Consensus | SKECHERS USA-A Quote
However, back-to-back earnings and revenues misses have been weighing upon investors' sentiments. In third-quarter 2016, foreign currency headwinds, rise in general and administrative expenses and higher effective tax rate, hurt the bottom line. It should also be noted that the rate of sales growth in the third and second quarters have diminished significantly from the first quarter. Moreover, the company's domestic wholesale business remained a drag in the quarter.
Further, these factors compelled management to issue a bleak outlook for the final quarter of 2016. It projects fourth-quarter 2016 net sales in the band of $710-$735 million.
The lower-than-expected results, along with a soft projection, triggered a downward trend in the estimates as well. Over the past 90 days, the Zacks Consensus Estimate decreased 8.5% to $1.62 for 2016 and 10.9% to $1.71 for 2017. Also, the Zacks Consensus Estimate for fourth-quarter 2016 has slumped 57.1% to 9 cents, over the same time frame.
Nonetheless, we noticed that in the past 30 days, the Zacks Consensus Estimate has inched up by a penny for the fourth quarter as well as 2016. Moreover, the Zacks Consensus Estimate for 2017 has climbed by three cents.
Bottom Line
We observed that shares of Skechers have rose 7.4% in the past three months, comfortably outperforming the Zacks categorized Shoes and Retail Apparel industry that declined 1.2%. Further, this Zacks Rank #3 (Hold) stock exhibits a VGM Score of "B", with a long-term earnings growth rate of 9%.
Key Picks
Some better-ranked stocks in the same industry include Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK .
Francesca's Holdings, with a long-term earnings growth rate of 13.8%, has surged 63.7% in the past six months. The stock sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Caleres, which carries a Zacks Rank #2 (Buy), has a long-term earnings growth rate of 11%. The stock has gained 38.3% in the past six months.
Deckers, a Zacks Rank #2 stock, has climbed 15.7% year to date. It has a long-term earnings growth rate of 9%.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>
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 USA-A (SKX): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
FRANCESCAS HLDG (FRAN): 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.
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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Key Picks Some better-ranked stocks in the same industry include Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK . Deckers, a Zacks Rank #2 stock, has climbed 15.7% year to date. Click to get this free report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here.
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Key Picks Some better-ranked stocks in the same industry include Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK . Click to get this free report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers, a Zacks Rank #2 stock, has climbed 15.7% year to date.
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Click to get this free report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here. Key Picks Some better-ranked stocks in the same industry include Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK . Deckers, a Zacks Rank #2 stock, has climbed 15.7% year to date.
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Key Picks Some better-ranked stocks in the same industry include Francesca's Holdings Corporation FRAN , Caleres, Inc. CAL and Deckers Outdoor Corporation DECK . Deckers, a Zacks Rank #2 stock, has climbed 15.7% year to date. Click to get this free report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here.
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e13bcce5-7202-4dbc-957b-5f6d54ee5fde
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724506.0
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2016-12-20 00:00:00 UTC
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Can Deckers' (DECK) Efforts Help Regain Stock Momentum?
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DECK
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https://www.nasdaq.com/articles/can-deckers-deck-efforts-help-regain-stock-momentum-2016-12-20
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nan
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nan
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Deckers Outdoor CorporationDECK targets profitable as well as underpenetrated markets, along with focus on store augmentation. In addition, the company is transitioning to a direct subsidiary model from a distributor model outside the U.S., alongside making substantial investments, to fortify its online presence and improve customers' shopping experience.
Additionally, Deckers remains focused on opening smaller concept omni-channel outlets and expanding programs like Retail Inventory Online, Infinite UGG, Buy Online, Return In Store, and Click and Collect. Further, the company has been making additions to its portfolio and adopting strategies in order to enhance value of its customers.
Moreover, Deckers' restructuring plan - focused on realignment of its brands into two groups, consolidating its brand offices for Sanuk and Ahnu brands and optimizing its store fleet - is boding well. We believe that these actions are likely to capture incremental sales, boost profitability and enhance shareholder returns, going forward.
DECKERS OUTDOOR Price and Consensus
DECKERS OUTDOOR Price and Consensus | DECKERS OUTDOOR Quote
Driven by these factors, Deckers' bottom line has outperformed estimates for the sixth straight quarter, as it reported second-quarter fiscal 2017 results. However, the company's sales fell short of the Zacks Consensus Estimate, after surpassing the same in the preceding two quarters.
Moreover, management trimmed its fiscal 2017 outlook amid a tough retail landscape. Deckers, now, expects net sales to decline in the band of 1.5-3% and projects earnings between $4.05 and $4.25 per share for fiscal 2017. Earlier, the company had estimated net sales to be flat to down 3% and earnings in the range of $4.05-$4.40. Further, net sales are likely to be flat to down 2%, for the third quarter. Also, third-quarter earnings per share are anticipated in the band of $4.16-$4.28 versus $4.78 delivered in the prior-year period.
Consequently, the Zacks Consensus Estimate for fiscal 2017 and fiscal 2018 has declined 16 cents to $4.16 and 25 cents to $4.50, respectively, in the past 60 days. Also, the Zacks Consensus Estimate for the third quarter decreased 41 cents to $4.22 over the same time frame.
Further, over-reliance on its UGG brand, along with currency headwinds and competition, remain major concerns for the company.
Consequently, we noted that Deckers' shares have declined 14.2% in the past three months, as against the Zacks categorized Shoes & Retail Apparel industry that fell 6.2%. However, we believe that the aforementioned strategies will take time to reap benefits.
Zacks Rank & Key Picks
Deckers currently has a Zacks Rank #3 (Hold). Some better-ranked stocks include Francesca's Holdings Corporation FRAN , Weyco Group, Inc. WEYS and Caleres, Inc. CAL .
Francesca's Holdings, with a long-term earnings growth rate of 13.8%, has jumped 87.7% in the past six months. The stock sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Weyco Group, which carries a Zacks Rank #2 (Buy), has gained roughly 15.2% year to date.
Caleres, a Zacks Rank #2 stock, has a long-term earnings growth rate of 11%. The stock has surged 42.7% in the past six months.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>
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 (DECK): Free Stock Analysis Report
WEYCO GROUP (WEYS): Free Stock Analysis Report
FRANCESCAS HLDG (FRAN): Free Stock Analysis Report
CALERES INC (CAL): Free Stock Analysis Report
To read this article on Zacks.com 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.
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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Consequently, we noted that Deckers' shares have declined 14.2% in the past three months, as against the Zacks categorized Shoes & Retail Apparel industry that fell 6.2%. Deckers Outdoor CorporationDECK targets profitable as well as underpenetrated markets, along with focus on store augmentation. Additionally, Deckers remains focused on opening smaller concept omni-channel outlets and expanding programs like Retail Inventory Online, Infinite UGG, Buy Online, Return In Store, and Click and Collect.
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DECKERS OUTDOOR Price and Consensus DECKERS OUTDOOR Price and Consensus | DECKERS OUTDOOR Quote Driven by these factors, Deckers' bottom line has outperformed estimates for the sixth straight quarter, as it reported second-quarter fiscal 2017 results. Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WEYCO GROUP (WEYS): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor CorporationDECK targets profitable as well as underpenetrated markets, along with focus on store augmentation.
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DECKERS OUTDOOR Price and Consensus DECKERS OUTDOOR Price and Consensus | DECKERS OUTDOOR Quote Driven by these factors, Deckers' bottom line has outperformed estimates for the sixth straight quarter, as it reported second-quarter fiscal 2017 results. Zacks Rank & Key Picks Deckers currently has a Zacks Rank #3 (Hold). Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WEYCO GROUP (WEYS): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here.
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Deckers, now, expects net sales to decline in the band of 1.5-3% and projects earnings between $4.05 and $4.25 per share for fiscal 2017. Deckers Outdoor CorporationDECK targets profitable as well as underpenetrated markets, along with focus on store augmentation. Additionally, Deckers remains focused on opening smaller concept omni-channel outlets and expanding programs like Retail Inventory Online, Infinite UGG, Buy Online, Return In Store, and Click and Collect.
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932986ee-b3cc-4ad2-9e93-59f1a3bbb6a4
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724507.0
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2016-11-18 00:00:00 UTC
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Deckers Outdoor Reaches Analyst Target Price
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-reaches-analyst-target-price-2016-11-18
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nan
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nan
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In recent trading, shares of Deckers Outdoor Corp. (Symbol: DECK) have crossed above the average analyst 12-month target price of $61.92, changing hands for $62.53/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher - if things are looking up for the company, perhaps it is time for that target price to be raised.
There are 13 different analyst targets contributing to that average for Deckers Outdoor Corp., but the average is just that - a mathematical average. There are analysts with lower targets than the average, including one looking for a price of $49.00. And then on the other side of the spectrum one analyst has a target as high as $75.00. The standard deviation is $8.788.
But the whole reason to look at the average DECK price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DECK crossing above that average target price of $61.92/share, investors in DECK have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $61.92 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? Below is a table showing the current thinking of the analysts that cover Deckers Outdoor Corp.:
The average rating presented in the last row of the above table above is from 1 to 5 where 1 is Strong Buy and 5 is Strong Sell. This article used data provided by Zacks Investment Research via Quandl.com . Get the latest Zacks research report on DECK - FREE .
The Top 25 Broker Analyst Picks 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.
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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In recent trading, shares of Deckers Outdoor Corp. (Symbol: DECK) have crossed above the average analyst 12-month target price of $61.92, changing hands for $62.53/share. But the whole reason to look at the average DECK price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes. And so with DECK crossing above that average target price of $61.92/share, investors in DECK have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $61.92 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table?
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In recent trading, shares of Deckers Outdoor Corp. (Symbol: DECK) have crossed above the average analyst 12-month target price of $61.92, changing hands for $62.53/share. There are 13 different analyst targets contributing to that average for Deckers Outdoor Corp., but the average is just that - a mathematical average. But the whole reason to look at the average DECK price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
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There are 13 different analyst targets contributing to that average for Deckers Outdoor Corp., but the average is just that - a mathematical average. And so with DECK crossing above that average target price of $61.92/share, investors in DECK have been given a good signal to spend fresh time assessing the company and deciding for themselves: is $61.92 just one stop on the way to an even higher target, or has the valuation gotten stretched to the point where it is time to think about taking some chips off the table? In recent trading, shares of Deckers Outdoor Corp. (Symbol: DECK) have crossed above the average analyst 12-month target price of $61.92, changing hands for $62.53/share.
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There are 13 different analyst targets contributing to that average for Deckers Outdoor Corp., but the average is just that - a mathematical average. In recent trading, shares of Deckers Outdoor Corp. (Symbol: DECK) have crossed above the average analyst 12-month target price of $61.92, changing hands for $62.53/share. But the whole reason to look at the average DECK price target in the first place is to tap into a "wisdom of crowds" effort, putting together the contributions of all the individual minds who contributed to the ultimate number, as opposed to what just one particular expert believes.
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0dd609e9-4d75-4945-856d-996157fde37e
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724508.0
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2016-11-07 00:00:00 UTC
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Why Deckers Outdoor Corp's Shares Fell 12% in October
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DECK
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https://www.nasdaq.com/articles/why-deckers-outdoor-corps-shares-fell-12-october-2016-11-07
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nan
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nan
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Image source: Getty Images.
What happened
Shares of Deckers Outdoor Corp (NYSE: DECK) fell 12.4% in October, according to data provided by S&P Global Market Intelligence , after the company was hit by an analyst downgrade and reported earnings.
So what
The first item that hurt the stock was a downgrade by Susquehanna to a negative rating as they speculated on a highly promotional holiday season. $20 rewards certificates the company is offering could lead to lower sales dollars and lower margins for the company this year.
Late in the month, Deckers reported fiscal second quarter revenue of $485.9 million and earnings of $1.21 per share. Earnings topped estimates by two cents, but revenue fell below the $498.6 million analysts were expecting.
Now what
The downgrade that hit Deckers Outdoor may impact the stock short-term, but the fundamental performance of the business is more important long-term. And on that front there are some mixed signals.
Management is expecting fiscal 2017 sales to fall 1.5% to 3% and earnings to be $4.05 to $4.25 per share. The decline in sales is concerning, but the earnings projection gives the stock a decent value at 12 times the top end of estimates. Investors should watch how the holiday season plays out because it's more important to see earnings move steadily higher than speculate on promotional levels and how they'll impact a quarter or two of sales this year.
A secret billion-dollar stock opportunity
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Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends Deckers Outdoor. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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.
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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What happened Shares of Deckers Outdoor Corp (NYSE: DECK) fell 12.4% in October, according to data provided by S&P Global Market Intelligence , after the company was hit by an analyst downgrade and reported earnings. Late in the month, Deckers reported fiscal second quarter revenue of $485.9 million and earnings of $1.21 per share. Now what The downgrade that hit Deckers Outdoor may impact the stock short-term, but the fundamental performance of the business is more important long-term.
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Late in the month, Deckers reported fiscal second quarter revenue of $485.9 million and earnings of $1.21 per share. Now what The downgrade that hit Deckers Outdoor may impact the stock short-term, but the fundamental performance of the business is more important long-term. What happened Shares of Deckers Outdoor Corp (NYSE: DECK) fell 12.4% in October, according to data provided by S&P Global Market Intelligence , after the company was hit by an analyst downgrade and reported earnings.
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What happened Shares of Deckers Outdoor Corp (NYSE: DECK) fell 12.4% in October, according to data provided by S&P Global Market Intelligence , after the company was hit by an analyst downgrade and reported earnings. Late in the month, Deckers reported fiscal second quarter revenue of $485.9 million and earnings of $1.21 per share. Now what The downgrade that hit Deckers Outdoor may impact the stock short-term, but the fundamental performance of the business is more important long-term.
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What happened Shares of Deckers Outdoor Corp (NYSE: DECK) fell 12.4% in October, according to data provided by S&P Global Market Intelligence , after the company was hit by an analyst downgrade and reported earnings. The Motley Fool recommends Deckers Outdoor. Late in the month, Deckers reported fiscal second quarter revenue of $485.9 million and earnings of $1.21 per share.
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1ea8db78-4c15-4272-bf19-0ca77b782d8e
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724509.0
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2016-11-02 00:00:00 UTC
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Garmin, Deckers Outdoor and Amazon.com highlighted as Zacks Bull and Bear of the Day
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DECK
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https://www.nasdaq.com/articles/garmin-deckers-outdoor-and-amazon.com-highlighted-as-zacks-bull-and-bear-of-the-day-2016
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nan
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nan
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For Immediate Release
Chicago, IL - November 02, 2016 - Zacks Equity Research highlights Garmin ( NASDAQ: GRMN - Free Report ) as the Bull of the Day and Deckers Outdoor ( NYSE: DECK - Free Report ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Amazon.com Inc. ( NASDAQ: AMZN - Free Report ).
Here is a synopsis of all the three stocks:
Bull of the Day:
Garmin ( NASDAQ: GRMN - Free Report ) designs, manufactures, and markets navigation and communications equipment for a variety of markets, including aviation, marine, automotive, cellular, OEM, and general recreation.Their product line also includes the hot markets of fitness devices and action cameras. Garmin was founded in 1990, is based in Switzerland and has over 11,000 employees. The stock is a Zacks Rank #1 (Strong Buy) and todays Bull of the Day.
Garmin has a market cap of $9.5 billion with a forward PE of 18. The stock sports Zacks Style Scores of "C" in both Value and Momentum, but "B" in Growth. Due to the amount of competition in the sector, Garmin sits in an industry that is ranked 159 out of 265 (Bottom 40%) in the Zacks Industry Rank. However, recent earnings are showing that the company isn't fazed by the competition.
Q3 Earnings
Garmin released its third quarter earnings in late October with a 41% beat. The company reported $0.75 verse the $0.53 expected. Revenue came in at $722 million verse the $678 million expected. Operating margins came in at 22.1% verse the 18.5% year over year.
All segments were impressive except the auto segment. This is concerning, but shows that the company is gaining traction in other areas.
- Outdoor segment revenue +28% y/y
- Fitness segment revenue +32% y/y
- Aviation segment revenue +14% y/y
- Marine segment revenue +12% y/y
- Automotive/Mobile segment revenue down 21% y/y
Raising guidance for Q3
In addition to the earnings beat, the company raised guidance for fiscal year 2016. They now see $2.62 verse the $2.52 expected. Revenue is expected at $2.95 billion verse the $2.91 billion expected.
CEO Clifton Pemble went on to say on the call: "We are maintaining our focus on innovation, diversification and market expansion to drive further growth opportunities in all business segments. "
Bear of the Day :
Deckers Outdoor ( NYSE: DECK - Free Report ) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use. The company offers luxurious comfort footwear, handbags, apparel, home, and cold weather accessories under the UGG brand name; casual sandals, shoes, and boots under the Teva brand name; and action sport footwear under the Sanuk brand name. Deckers is the Bear of the Day after falling to a Zacks Rank #5 (Strong Sell).
The company has a market cap of $1.6 Billion with a PE of 12 and pays no dividend. The stock has Zacks Style Scores of "B" in both Value and Growth, but a "C" in momentum. The company resides in an industry ranked 219 out of 265 (Bottom 17%) of the Zacks Industry Rank.
Earnings and guidance
On October 27 th , Deckers reported earnings that caused the stock to initially pop. But after further examination, traders have sold since, due to poor guidance and falling estimates.
The second quarter EPS came in at $1.21 versus the $1.19 expected, with revenues coming in below the $499 Million expected at $485 Million. The company guided Q3 lower, seeing $4.16-4.28 versus the $4.58 expected and sees revenue down 2% year over year. They also cut fiscal year 2017 range to $4.05-4.25 versus their prior target of $4.32 and revenues are expected down 1.5-3%.
CEO David Powers was upbeat on the conference call: "We are pleased with the results of our second quarter and the progress on our plans for the year, said Dave Powers, President and Chief Executive Officer. Despite a challenging consumer environment, we delivered earnings per share results that were higher than last year and at the top end of our expectations. Looking ahead, our teams are prepared for the upcoming selling season, and we are excited about our fall and holiday product and marketing plans. "
However, the price action since EPS has shown that investors aren't as upbeat. The stock has fallen 10% since and now threatens the to break the $50. A breach of this level could threaten the stock to fall to 2016 lows just over $40.
Estimates and revisions
Looking at company's revisions investors can see how this move lower might happen. In just the last 7 days, estimates for 2017 have been taken 3.3% lower. While estimates for 2018 have been taken 6% lower. As estimates continue to fall, expect the stock price to fall as well.
Additional content:
Amazon Really Wants You to Start Holiday Shopping Early
On Tuesday, e-commerce king Amazon.com Inc. ( NASDAQ: AMZN - Free Report ) launched its first round of Black Friday shopping deals as part of its new Black Friday Deals Store. The shop will run all the way through December 22.
Amazon will offer new deals as often as every five minutes, with consumers enjoying tens of thousands of deals during 2016's holiday season. The shop also features "curated holiday gift guides" so shoppers can find gifts without the stress or guesswork.
"Customers love discovering the best deals on the most sought-after products, and our Black Friday Deals Store and curated Holiday Gift Guides offer them a place to do just that - plus enjoy the most convenient shopping experience with tons of super-fast shipping options," said Doug Herrington, Senior Vice President of North American Retail at Amazon, in a news release .
Shoppers will be able to save on items like toys, electronics, clothing, jewelry, kitchen gadgets, and much more within the Black Friday Deals Store. Examples include $20 off the Kindle Paperwhite, savings on an LG 55" 1080p Curved Smart OLED TV, and as much as 40% off select Magformers toys.
Amazon's curated gift guides include a 2016 Electronics Gift Guide , which features over 500 of the hottest tech products of the year like 3D printers, virtual reality headsets, and 360-degree cameras; a 2016 Home Gift Guide that offers thousands of must-have home products and gift ideas for indoors and outdoors; and a Handmade at Amazon Holiday Gift Guide featuring lists of genuinely handcrafted items for everyone in the family, sold directly by artisans.
If you're an Alexa owner, Amazon has made holiday shopping even easier. "This holiday season, we're offering more deals than ever before and - for the first time ever - giving Prime members an opportunity to use Alexa voice shopping for purchasing their holiday gifts hands-free. They can make purchases simply by asking Alexa-enabled devices, like the new Echo Dot, while relaxing at home with family and friends," continued Herrington.
Along with Alexa-enabled shopping, Amazon now offers Watch-a-deal alerts that helps you keep track of discounts, and Package X-Ray, which allows iPhone users to see what's been delivered without opening boxes. With the Amazon mobile app, iPhone users can simply scan the barcode using the camera to see what's inside.
Like for many Amazon deal events, Prime members receive extra perks: a 20% discount on pre-order and new release video games, 30-minute early access on thousands of Lightning Deals, and the standard Two-Day Shipping on over 30 million items.
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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.
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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Bear of the Day : Deckers Outdoor ( NYSE: DECK - Free Report ) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use. For Immediate Release Chicago, IL - November 02, 2016 - Zacks Equity Research highlights Garmin ( NASDAQ: GRMN - Free Report ) as the Bull of the Day and Deckers Outdoor ( NYSE: DECK - Free Report ) as the Bear of the Day. Deckers is the Bear of the Day after falling to a Zacks Rank #5 (Strong Sell).
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For Immediate Release Chicago, IL - November 02, 2016 - Zacks Equity Research highlights Garmin ( NASDAQ: GRMN - Free Report ) as the Bull of the Day and Deckers Outdoor ( NYSE: DECK - Free Report ) as the Bear of the Day. Click to get this free report GARMIN LTD (GRMN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report To read this article on Zacks.com click here. Bear of the Day : Deckers Outdoor ( NYSE: DECK - Free Report ) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use.
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Get the full Report on GRMN - FREE Get the full Report on DECK - FREE Get the full Report on AMZN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts 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. Click to get this free report GARMIN LTD (GRMN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report AMAZON.COM INC (AMZN): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - November 02, 2016 - Zacks Equity Research highlights Garmin ( NASDAQ: GRMN - Free Report ) as the Bull of the Day and Deckers Outdoor ( NYSE: DECK - Free Report ) as the Bear of the Day.
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For Immediate Release Chicago, IL - November 02, 2016 - Zacks Equity Research highlights Garmin ( NASDAQ: GRMN - Free Report ) as the Bull of the Day and Deckers Outdoor ( NYSE: DECK - Free Report ) as the Bear of the Day. Bear of the Day : Deckers Outdoor ( NYSE: DECK - Free Report ) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use. Deckers is the Bear of the Day after falling to a Zacks Rank #5 (Strong Sell).
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2016-11-02 00:00:00 UTC
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Bear of the Day: Deckers Outdoor (DECK)
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DECK
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https://www.nasdaq.com/articles/bear-day-deckers-outdoor-deck-2016-11-02
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nan
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Deckers Outdoor (DECK) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use. The company offers luxurious comfort footwear, handbags, apparel, home, and cold weather accessories under the UGG brand name; casual sandals, shoes, and boots under the Teva brand name; and action sport footwear under the Sanuk brand name. Deckers is the Bear of the Day after falling to a Zacks Rank #5 (Strong Sell).
The company has a market cap of $1.6 Billion with a PE of 12 and pays no dividend. The stock has Zacks Style Scores of "B" in both Value and Growth, but a "C" in momentum. The company resides in an industry ranked 219 out of 265 (Bottom 17%) of the Zacks Industry Rank.
Earnings and guidance
On October 27 th , Deckers reported earnings that caused the stock to initially pop. But after further examination, traders have sold since, due to poor guidance and falling estimates.
The second quarter EPS came in at $1.21 versus the $1.19 expected, with revenues coming in below the $499 Million expected at $485 Million. The company guided Q3 lower, seeing $4.16-4.28 versus the $4.58 expected and sees revenue down 2% year over year. They also cut fiscal year 2017 range to $4.05-4.25 versus their prior target of $4.32 and revenues are expected down 1.5-3%.
CEO David Powers was upbeat on the conference call: "We are pleased with the results of our second quarter and the progress on our plans for the year, said Dave Powers, President and Chief Executive Officer. Despite a challenging consumer environment, we delivered earnings per share results that were higher than last year and at the top end of our expectations. Looking ahead, our teams are prepared for the upcoming selling season, and we are excited about our fall and holiday product and marketing plans. "
However, the price action since EPS has shown that investors aren't as upbeat. The stock has fallen 10% since and now threatens the to break the $50. A breach of this level could threaten the stock to fall to 2016 lows just over $40.
Estimates and revisions
Looking at company's revisions investors can see how this move lower might happen. In just the last 7 days, estimates for 2017 have been taken 3.3% lower. While estimates for 2018 have been taken 6% lower. As estimates continue to fall, expect the stock price to fall as well.
A Better option
Francesca (FRAN) is a Zacks Rank #1 (Strong Buy) and a smarter choice than Deckers.The company is a specialty retailer of women's apparel products that operates a chain of retail boutiques in the United States. Analysts have been revising estimates higher over the last 60 days, for both fiscal years 2016 and 2017. The stock has rallied back from its plunge back in May and is up over 50% since.
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More Stocks to Sell. Now.
Beyond our Bear Stock of the Day, today's list of 220 Zacks Rank #5 Strong Sells demand even more urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. Many appear to be sound investments but, since 1988, such stocks have actually performed more than 11X worse than the S&P 500.
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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.
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) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use. Deckers is the Bear of the Day after falling to a Zacks Rank #5 (Strong Sell). Earnings and guidance On October 27 th , Deckers reported earnings that caused the stock to initially pop.
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Deckers Outdoor (DECK) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use. Click to get this free report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers is the Bear of the Day after falling to a Zacks Rank #5 (Strong Sell).
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Click to get this free report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor (DECK) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use. Deckers is the Bear of the Day after falling to a Zacks Rank #5 (Strong Sell).
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Deckers is the Bear of the Day after falling to a Zacks Rank #5 (Strong Sell). Deckers Outdoor (DECK) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use. Earnings and guidance On October 27 th , Deckers reported earnings that caused the stock to initially pop.
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2016-10-28 00:00:00 UTC
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Deckers (DECK) Tops Q2 Earnings, Lags Revenue Estimates
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DECK
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https://www.nasdaq.com/articles/deckers-deck-tops-q2-earnings-lags-revenue-estimates-2016-10-28
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Deckers Outdoor CorporationDECK continued with its better-than-expected bottom-line performance for the sixth straight quarter, as it reported second-quarter fiscal 2017 results. This footwear and apparel company posted adjusted earnings of $1.23 per share that beat the Zacks Consensus Estimate of $1.19 and also came ahead of management's earlier projection of $1.12−$1.22 per share for the quarter. The quarterly earnings increased 10.8% year over year.
Net sales of this Goleta, CA-based company came in at $485.9 million, down 0.2% year over year, and also short of the Zacks Consensus Estimate of $498.6 million, after surpassing the same in the preceding two quarters. The company had earlier anticipated net sales growth of 1−3% for the quarter under review. The lower-than-expected top line stemmed from a delay in shipments. On a constant currency basis, net sales inched up 0.3%.
Further, the company's domestic net sales increased 3.6% to $312.2 million in the reported quarter. On the other hand, international net sales slumped 6.3% to $173.7 million, while on a constant currency basis, the same declined 5.1%.
Direct-to-consumer (DTC) net sales edged down 0.7% to $86 million, while on a constant currency basis, sales fell 1%. DTC comparable sales slipped 3.2% year over year. On the other hand, Wholesale and distributor net sales in the reported quarter decreased marginally by 0.1% to $399.9 million, while on a constant currency basis, sales grew 0.6%.
Gross margin expanded 50 basis points to 44.5% due to improved input costs.
FindTheCompany | Graphiq
Deckers is focused on expanding its brand assortments, introducing a more innovative line of products such as the launch of the Arrowood collection of sneaker boots, targeting consumers digitally via marketing and sturdy eCommerce along with optimizing omnichannel distribution.
Management hinted that the company's outlets are also witnessing lower traffic. With respect to the store fleet optimization plan that focuses on striking the right balance between digital and physical stores, during the quarter Deckers shuttered one of the approximately 21 outlets identified for closure during fiscal 2017. The company has closed seven stores in first-half fiscal 2017.
Brand-wise Discussion
UGG brand net sales went down 2.1% to $412.2 million in the reported quarter. On a constant currency basis, sales declined 1.6%. Sales fell due to lower European combined wholesale and distributor sales on account of delay in European shipments now deferred to the third quarter, and a fall in DTC comparable sales.
Teva brand net sales decreased 4.2% to $17.1 million, while on a constant currency basis, the same declined 4.8%. The fall in sales was owing to a decline in domestic wholesale sales.
Net sales for the Sanuk brand, known for its exclusive sandals and shoes, climbed 9.2% year over year to $18.9 million. On a constant currency basis, sales jumped 9%. The increase in sales came on the back of higher global wholesale and distributor sales.
Combined net sales of Deckers' Other brands came in at $37.7 million in the quarter, surging 23.3% year over year. On a constant currency basis, sales were up 23.9%. The increase in net sales was principally attributable to higher HOKA ONE ONE brand net sales that advanced 39%.
Other Financial Aspects
At the end of the quarter, Deckers had cash and cash equivalents of $110 million, short-term borrowings of $278 million and shareholders' equity of $957.3 million. Inventories declined 2.9% year over year to $578 million.
During the quarter, Deckers did not buy back any shares. As of Sep 30, 2016, the company had $77.9 million at its disposal under its $200 million share repurchase authorization announced in Jan 2015.
DECKERS OUTDOOR Price and EPS Surprise
DECKERS OUTDOOR Price and EPS Surprise | DECKERS OUTDOOR Quote
Guidance
Amid a challenging retail environment, management trimmed its fiscal 2017 outlook. Deckers now expects net sales to decline in the band of 1.5-3% and projects earnings between $4.05 and $4.25 per share. The company had earlier forecast net sales to be flat to down 3% and earnings in the range of $4.05−$4.40 for fiscal 2017.
Gross margin for the fiscal year is anticipated to be in the range of 47−47.5%. Further, SG&A expense as a percentage of sales is expected to be nearly 37%.
In the third quarter, net sales are estimated to be flat to down 2%. Management envisions earnings per share in the band of $4.16-$4.28 for the quarter compared with $4.78 delivered in the prior-year period.
The current Zacks Consensus Estimate for the third quarter and fiscal 2017 stands at $4.58 and $4.32, respectively.
Zacks Rank
Deckers carries a Zacks Rank #4 (Sell). Investors interested in the retail space may consider some better-ranked stocks such as American Eagle Outfitters, Inc. AEO , DSW Inc. DSW and Boot Barn Holdings, Inc. BOOT , all carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
American Eagle Outfitters delivered an average positive earnings surprise of 9.3% over the trailing four quarters and has a long-term earnings growth rate of 11.8%.
DSW delivered an average positive earnings surprise of 24% over the trailing four quarters and has a long-term earnings growth rate of 8.3%.
Boot Barn Holdings has a long-term earnings growth rate of 14.5%.
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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.
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 CorporationDECK continued with its better-than-expected bottom-line performance for the sixth straight quarter, as it reported second-quarter fiscal 2017 results. FindTheCompany | Graphiq Deckers is focused on expanding its brand assortments, introducing a more innovative line of products such as the launch of the Arrowood collection of sneaker boots, targeting consumers digitally via marketing and sturdy eCommerce along with optimizing omnichannel distribution. With respect to the store fleet optimization plan that focuses on striking the right balance between digital and physical stores, during the quarter Deckers shuttered one of the approximately 21 outlets identified for closure during fiscal 2017.
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DECKERS OUTDOOR Price and EPS Surprise DECKERS OUTDOOR Price and EPS Surprise | DECKERS OUTDOOR Quote Guidance Amid a challenging retail environment, management trimmed its fiscal 2017 outlook. Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report DSW INC CL-A (DSW): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report BOOT BARN HLDGS (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor CorporationDECK continued with its better-than-expected bottom-line performance for the sixth straight quarter, as it reported second-quarter fiscal 2017 results.
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Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report DSW INC CL-A (DSW): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report BOOT BARN HLDGS (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor CorporationDECK continued with its better-than-expected bottom-line performance for the sixth straight quarter, as it reported second-quarter fiscal 2017 results. FindTheCompany | Graphiq Deckers is focused on expanding its brand assortments, introducing a more innovative line of products such as the launch of the Arrowood collection of sneaker boots, targeting consumers digitally via marketing and sturdy eCommerce along with optimizing omnichannel distribution.
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Deckers now expects net sales to decline in the band of 1.5-3% and projects earnings between $4.05 and $4.25 per share. Deckers Outdoor CorporationDECK continued with its better-than-expected bottom-line performance for the sixth straight quarter, as it reported second-quarter fiscal 2017 results. FindTheCompany | Graphiq Deckers is focused on expanding its brand assortments, introducing a more innovative line of products such as the launch of the Arrowood collection of sneaker boots, targeting consumers digitally via marketing and sturdy eCommerce along with optimizing omnichannel distribution.
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2016-10-28 00:00:00 UTC
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Consumer Sector Update for 10/28/2016: DECK,HBI,SNMX,PEP
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DECK
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https://www.nasdaq.com/articles/consumer-sector-update-10282016-deckhbisnmxpep-2016-10-28
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Top Consumer Stocks
WMT +0.40%
MCD +0.01%
DIS +0.07%
CVS -4.53%
KO +0.33%
Consumer stocks recovered some of their earlier advance, with shares of consumer staples companies in the S&P 500 climbing nearly 0.5% advance while shares of consumer discretionary firms in the S&P 500 were slipping less than 0.1%.
In company news, shares of Deckers Outdoor ( DECK ) advanced Friday after the shoe-maker reported fiscal Q2 per-share earnings beating Wall Street expectations.
Excluding one-time items, the company earned $1.21 per share, exceeding analyst estimates by $0.02 per share. Revenue slipped 0.2% year over year to $485.9 million, trailing the Street view by around $9.85 million.
DECK shares were up over 6% at $53.90 apiece, drifting south from a session high this morning of $55.85 a share.
In other sector news,
(+) HBI, Forecasts Q4 revenue in a range of $1.70 bln to $1.73 bln, topping Capital IQ consensus by at least $20 mln. Reports adjusted Q3 EPS of $0.56 on $1.76 bln in revenue, matching analyst expectations.
(-) SNMX, PepsiCo ( PEP ) decides against launch of reformulated Mug Root Beer containing Sweetmyx, although PepsiCo will continue to sell Manzanita Sol containing Sweetmyx S617 throughout the United States.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
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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In company news, shares of Deckers Outdoor ( DECK ) advanced Friday after the shoe-maker reported fiscal Q2 per-share earnings beating Wall Street expectations. DECK shares were up over 6% at $53.90 apiece, drifting south from a session high this morning of $55.85 a share. Reports adjusted Q3 EPS of $0.56 on $1.76 bln in revenue, matching analyst expectations.
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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. In company news, shares of Deckers Outdoor ( DECK ) advanced Friday after the shoe-maker reported fiscal Q2 per-share earnings beating Wall Street expectations. DECK shares were up over 6% at $53.90 apiece, drifting south from a session high this morning of $55.85 a share.
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In company news, shares of Deckers Outdoor ( DECK ) advanced Friday after the shoe-maker reported fiscal Q2 per-share earnings beating Wall Street expectations. DECK shares were up over 6% at $53.90 apiece, drifting south from a session high this morning of $55.85 a share. Consumer stocks recovered some of their earlier advance, with shares of consumer staples companies in the S&P 500 climbing nearly 0.5% advance while shares of consumer discretionary firms in the S&P 500 were slipping less than 0.1%.
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In company news, shares of Deckers Outdoor ( DECK ) advanced Friday after the shoe-maker reported fiscal Q2 per-share earnings beating Wall Street expectations. DECK shares were up over 6% at $53.90 apiece, drifting south from a session high this morning of $55.85 a share. Consumer stocks recovered some of their earlier advance, with shares of consumer staples companies in the S&P 500 climbing nearly 0.5% advance while shares of consumer discretionary firms in the S&P 500 were slipping less than 0.1%.
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724513.0
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2016-10-27 00:00:00 UTC
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Deckers Squeezes Into Profit Gains Despite Falling Sales
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DECK
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https://www.nasdaq.com/articles/deckers-squeezes-profit-gains-despite-falling-sales-2016-10-27
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nan
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nan
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Many retailers have struggled lately, and the tough environment has put pressure on footwear specialist Deckers Outdoor (NYSE: DECK) to come up with ways to grow its business. Coming into Thursday's fiscal second-quarter financial report, Deckers investors didn't have aggressive expectations for the company's growth, but they still expected that the maker of Uggs would boost its top and bottom lines -- at least to some extent.
That proved overly optimistic in the case of revenue, but Deckers nevertheless delivered better earnings than most were looking to see. Let's look more closely at the latest from Deckers and what its report says about its future prospects.
Image source: Deckers Outdoor.
Deckers posts a mixed quarter
Deckers' fiscal second-quarter results lived up to some, but not all, of what investors wanted. Net sales eased downward by 0.2%, to $485.9 million, which was worse than the roughly 2% sales growth that those following the stock had forecast. However, on the bottom line, net income climbed 8%, to $39.3 million. That worked out to adjusted earnings of $1.23 per share, which were $0.04 per share higher than the consensus estimate among investors.
Taking a closer look at the results from Deckers, currencies proved to be the difference between the company gaining and losing ground. On a constant-currency basis, net sales would have risen by 0.3%, but the fact that the difference is only half a percentage point shows how much smaller the currency headwinds have become for Deckers. Direct-to-consumer comparable sales were down a fairly sharp 3.2%, showing some of the more fundamental challenges facing the company.
Looking at Deckers' brands, the Ugg line saw sales fall by more than 2%. Deckers said that the declines came from delays in European shipments that were deferred to the fiscal third quarter. In addition, drops in direct-to-consumer sales hit the Ugg division fairly markedly. Meanwhile, the other brands under the Deckers umbrella had mixed performances. Teva sales fell, but sales of Sanuk, Hoka One One, and the rest of the other-brand category enjoyed substantial growth.
Deckers' weakness showed up across its different channels. Wholesale and distributor sales fell 0.1%, while direct-to-consumer sales were down 0.7%. In a reversal from periods earlier in the year, domestic sales growth outpaced the international markets, with a nearly 4% increase in the U.S. compared to a worse than 6% drop internationally.
CEO Dave Powers said he was happy with the results. "Despite a challenging consumer environment," Powers said, "we delivered earnings per share results that were higher than last year and at the top end of our expectations." The CEO also said he's happy with the progress that Deckers has made in executing its annual plans.
What's down the road for Deckers?
Deckers is also enthusiastic about its chances to capitalize on future opportunities. In Powers' words, "Our teams are prepared for the upcoming selling season, and we are excited about our fall and holiday product and marketing plans."
One problem, though, is that guidance for the near future is still less than encouraging. For the full 2017 fiscal year, Deckers expects sales to fall between 1.5% and 3%, and earnings are expected to come in between $4.05 and $4.25 per share. Both figures are toward the lower end of ranges given earlier in the calendar year. Moreover, fiscal third-quarter revenue is seen staying flat to down 2%, and earnings of $4.16 to $4.28 per share will be down at least $0.50 per share from year-ago levels. Those numbers are all below what most investors were looking to see.
Deckers investors didn't react in a volatile fashion right away, with the stock staying fairly close to unchanged in after-hours trading immediately following the announcement. Nevertheless, Deckers has put itself in a position in which its holiday season has to go well in order for the company to salvage a strong year in fiscal 2017. Anything other than success could lead to further punishment for investors.
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Dan Caplinger has no position in any stocks mentioned. The Motley Fool recommends Deckers Outdoor. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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.
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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Many retailers have struggled lately, and the tough environment has put pressure on footwear specialist Deckers Outdoor (NYSE: DECK) to come up with ways to grow its business. On a constant-currency basis, net sales would have risen by 0.3%, but the fact that the difference is only half a percentage point shows how much smaller the currency headwinds have become for Deckers. Deckers investors didn't react in a volatile fashion right away, with the stock staying fairly close to unchanged in after-hours trading immediately following the announcement.
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Coming into Thursday's fiscal second-quarter financial report, Deckers investors didn't have aggressive expectations for the company's growth, but they still expected that the maker of Uggs would boost its top and bottom lines -- at least to some extent. Deckers posts a mixed quarter Deckers' fiscal second-quarter results lived up to some, but not all, of what investors wanted. Many retailers have struggled lately, and the tough environment has put pressure on footwear specialist Deckers Outdoor (NYSE: DECK) to come up with ways to grow its business.
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Coming into Thursday's fiscal second-quarter financial report, Deckers investors didn't have aggressive expectations for the company's growth, but they still expected that the maker of Uggs would boost its top and bottom lines -- at least to some extent. Deckers posts a mixed quarter Deckers' fiscal second-quarter results lived up to some, but not all, of what investors wanted. For the full 2017 fiscal year, Deckers expects sales to fall between 1.5% and 3%, and earnings are expected to come in between $4.05 and $4.25 per share.
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Looking at Deckers' brands, the Ugg line saw sales fall by more than 2%. Many retailers have struggled lately, and the tough environment has put pressure on footwear specialist Deckers Outdoor (NYSE: DECK) to come up with ways to grow its business. Coming into Thursday's fiscal second-quarter financial report, Deckers investors didn't have aggressive expectations for the company's growth, but they still expected that the maker of Uggs would boost its top and bottom lines -- at least to some extent.
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b30b88f9-e60b-4497-beeb-57a697ed45f4
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724514.0
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2016-10-26 00:00:00 UTC
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Apparel Stock Earnings Slated for Oct 27: HBI, COLM & More
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DECK
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https://www.nasdaq.com/articles/apparel-stock-earnings-slated-for-oct-27%3A-hbi-colm-more-2016-10-26
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nan
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nan
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The Q3 earnings season is underway, with results announced so far displaying an improvement from the dreary results of the preceding quarters. The quarter is anticipated to show growth after five quarters of back-to-back decline. According to the Earnings Preview report, of the 116 S&P 500 members that have reported Q3 results so far, 80.2% have posted positive earnings surprises and 62.9% have come ahead of top-line expectations.
However, the Consumer Discretionary sector is showing positive signs with total earnings expected to decline marginally by 0.1%, while revenue is anticipated to surge 11.7%. As of Oct 21, 17.1% of the total number of S&P 500 companies in this sector have reported their results, wherein 83.3% beat both earnings and revenue estimates.
The apparel sector is a part of the consumer discretionary sector. The industry is constantly grappling with issues like competition and declining footfall. Here, change is the only constant and the players are under perennial pressure to strike the right chord with the fashion conscious consumers. Meanwhile, an increasing number of customers are resorting to online buying which has dealt a major blow to apparel retailers who are dependent on mall traffic to drive growth.
Let's take a look at what's in store for three major apparel stocks which are scheduled to release their quarterly numbers on Oct 27.
We start with Hanesbrands Inc.HBI , which is scheduled to report third-quarter 2016 results after market closes. The company has an Earnings ESP of 0.00% and a Zacks Rank #4 (Sell). Meanwhile, the Zacks Consensus Estimate for third-quarter earnings is pegged at 56 cents. Please check our Earnings ESP Filter that enables you to find stocks that are expected to come out with earnings surprises.
The Sell-rated stocks (Zacks Rank #4 and 5) should never be considered going into an earnings announcement.
HANESBRANDS INC Price and EPS Surprise
HANESBRANDS INC Price and EPS Surprise | HANESBRANDS INC Quote
Last quarter, the company posted a negative earnings surprise of 1.92%. In the trailing four quarters, the company delivered negative surprises in two quarters and positive in the other two, with an average beat of 5.76%.
Meanwhile, the company's Innovate-to-Elevate strategy along with its focus on high-margin products should favor third-quarter margins. Hanesbrands' latest innovation- the Fresh IQ odor technology used in both Innerwear as well as Outerwear segments was received well by customers. The products are expected to contribute to results in the third quarter. However, a challenging operating environment, macroeconomic uncertainty and unfavorable inventory levels are likely to be the primary headwinds for the company. (Read more: Hanesbrands: What's in Store this Earnings Season? )
Next, let's take a sneak peek at Columbia Sportswear CompanyCOLM which is also slated to report third-quarter 2016 after market close. The company has an Earnings ESP of 0.00% and a Zacks Rank #4. Meanwhile, the Zacks Consensus Estimate for third-quarter earnings is pegged at $1.17.
It has topped earnings estimates consistently in the trailing four quarters, with an average of 22.9%.
While Columbia Sportswear possesses a strong earnings surprise history, things don't appear to be rosy for the upcoming third-quarter results. Just like the other apparel companies, Columbia Sportswear remains susceptible to the global economic challenges, which also impacted its results in the previous quarter. Further, the company continues to expect foreign currency headwinds to hurt its results, as is reflected by its outlook.
COLUMBIA SPORTS Price and EPS Surprise
COLUMBIA SPORTS Price and EPS Surprise | COLUMBIA SPORTS Quote
Management's 2016 outlook incorporates anticipated effects of recent macroeconomic headwinds like bankruptcies of several U.S.-based wholesale customers, 2016 advance orders in response to slowing traffic and the lingering effects of last year's warm winter along with the further deterioration of the overall Korean outerwear market. (Read: Will Columbia Sportswear Q3 Earnings Ruin Trend? )
Deckers Outdoor Corp.DECK is slated to report second-quarter fiscal 2017 results. In the trailing four quarters, it outperformed the Zacks Consensus Estimate by an average of 25.2%. Deckers has an Earnings ESP of -5.88% as the Most Accurate estimate stands at $1.12, while the Zacks Consensus Estimate is pegged higher at $1.19. The company carries a Zacks Rank #3 (Hold), which increases the predictive power of ESP but an ESP of -5.88% makes surprise prediction difficult. You can see the complete list of today's Zacks #1 Rank stocks here.
Deckers is focused on expanding its brand assortments, bringing more innovative line of products, targeting consumers digitally via marketing and sturdy eCommerce initiatives. Further, it is optimizing omni-channel distribution as well. Additionally, the company has announced a restructuring plan that focuses on realigning its brands into two groups, along with optimization of its store fleet. Management envisions second-quarter net sales to be up 1−3% and earnings in the band of $1.12-$1.22 per share.
DECKERS OUTDOOR Price and EPS Surprise
DECKERS OUTDOOR Price and EPS Surprise | DECKERS OUTDOOR Quote
However, the company's over-reliance on the UGG brand is a matter of concern, which plunged almost 20% during the first quarter. Moreover, foreign currency headwinds and stiff competition are likely to play spoilsport in the quarter to-be-reported. (Read: Deckers Q2 Earnings: What's in Store for the Stock? )
Carters Inc.CRI is slated to report third-quarter fiscal 2017 results. In the trailing four quarters, it outperformed the Zacks Consensus Estimate by an average of 7.58%. Carters have an Earnings ESP of 0.00% and a Zacks Rank #3. Meanwhile, the Zacks Consensus Estimate for third-quarter earnings is pegged at $1.68.
CARTERS INC Price and EPS Surprise
CARTERS INC Price and EPS Surprise | CARTERS INC Quote
Stay tuned! Check later on our full write-up on earnings releases of these stocks.
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CARTERS INC (CRI): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
COLUMBIA SPORTS (COLM): Free Stock Analysis Report
HANESBRANDS INC (HBI): 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.
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 focused on expanding its brand assortments, bringing more innovative line of products, targeting consumers digitally via marketing and sturdy eCommerce initiatives. Deckers Outdoor Corp.DECK is slated to report second-quarter fiscal 2017 results. Deckers has an Earnings ESP of -5.88% as the Most Accurate estimate stands at $1.12, while the Zacks Consensus Estimate is pegged higher at $1.19.
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DECKERS OUTDOOR Price and EPS Surprise DECKERS OUTDOOR Price and EPS Surprise | DECKERS OUTDOOR Quote However, the company's over-reliance on the UGG brand is a matter of concern, which plunged almost 20% during the first quarter. Click to get this free report CARTERS INC (CRI): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report COLUMBIA SPORTS (COLM): Free Stock Analysis Report HANESBRANDS INC (HBI): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK is slated to report second-quarter fiscal 2017 results.
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DECKERS OUTDOOR Price and EPS Surprise DECKERS OUTDOOR Price and EPS Surprise | DECKERS OUTDOOR Quote However, the company's over-reliance on the UGG brand is a matter of concern, which plunged almost 20% during the first quarter. Click to get this free report CARTERS INC (CRI): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report COLUMBIA SPORTS (COLM): Free Stock Analysis Report HANESBRANDS INC (HBI): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK is slated to report second-quarter fiscal 2017 results.
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(Read: Deckers Q2 Earnings: What's in Store for the Stock? ) Deckers Outdoor Corp.DECK is slated to report second-quarter fiscal 2017 results. Deckers has an Earnings ESP of -5.88% as the Most Accurate estimate stands at $1.12, while the Zacks Consensus Estimate is pegged higher at $1.19.
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4dac1aa9-eecb-4f8b-8272-835fb258cb90
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724515.0
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2016-10-24 00:00:00 UTC
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Deckers (DECK) Q2 Earnings: What's in Store for the Stock?
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DECK
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https://www.nasdaq.com/articles/deckers-deck-q2-earnings%3A-whats-in-store-for-the-stock-2016-10-24
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Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories, is slated to report second-quarter fiscal 2017 results on Oct 27. The question lingering in investors' minds now is, whether the company will be able to deliver a positive earnings surprise in the quarter to be reported. In the trailing four quarters, it outperformed the Zacks Consensus Estimate by an average of 25.2%. Let's see how things are shaping up prior to this announcement.
Unlikely to Beat Estimates
Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. Deckers has an Earnings ESP of -5.88% as the Most Accurate estimate stands at $1.12, while the Zacks Consensus Estimate is pegged higher at $1.19. The company carries a Zacks Rank #3, which increases the predictive power of ESP. However, we need to have a positive ESP to be confident about an earnings surprise.
Factors Influencing this Quarter
Deckers is focused on expanding its brand assortments, bringing more innovative line of products, targeting consumers digitally via marketing and sturdy eCommerce initiatives. Further, it is optimizing omni-channel distribution as well. Additionally, the company has announced a restructuring plan that focuses on realigning its brands into two groups, along with optimization of its store fleet. Management envisions second-quarter net sales to be up 1−3% and earnings in the band of $1.12-$1.22 per share.
However, the company's over-reliance on the UGG brand is a matter of concern, which plunged almost 20% during the first quarter. Moreover, foreign currency headwinds and stiff competition are likely to play spoilsport in the quarter to be reported.
DECKERS OUTDOOR Price and EPS Surprise
DECKERS OUTDOOR Price and EPS Surprise | DECKERS OUTDOOR Quote
Stocks Poised to Beat Earnings Estimates
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Avon Products Inc. AVP has an Earnings ESP of +33.33% and flaunts a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Marinemax Inc. HZO has an Earnings ESP of +31.82% and also sports a Zacks Rank #1.
Big Lots Inc. BIG has an Earnings ESP of +50.00% and carries a Zacks Rank #2.
Confidential from Zacks
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AVON PRODS INC (AVP): Free Stock Analysis Report
BIG LOTS INC (BIG): Free Stock Analysis Report
MARINEMAX INC (HZO): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
To read this article on Zacks.com 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.
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 , a leading designer, producer and brand manager of innovative, niche footwear and accessories, is slated to report second-quarter fiscal 2017 results on Oct 27. Factors Influencing this Quarter Deckers is focused on expanding its brand assortments, bringing more innovative line of products, targeting consumers digitally via marketing and sturdy eCommerce initiatives. Unlikely to Beat Estimates Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter.
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DECKERS OUTDOOR Price and EPS Surprise DECKERS OUTDOOR Price and EPS Surprise | DECKERS OUTDOOR Quote Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Avon Products Inc. AVP has an Earnings ESP of +33.33% and flaunts a Zacks Rank #1. Click to get this free report AVON PRODS INC (AVP): Free Stock Analysis Report BIG LOTS INC (BIG): Free Stock Analysis Report MARINEMAX INC (HZO): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories, is slated to report second-quarter fiscal 2017 results on Oct 27.
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Deckers has an Earnings ESP of -5.88% as the Most Accurate estimate stands at $1.12, while the Zacks Consensus Estimate is pegged higher at $1.19. DECKERS OUTDOOR Price and EPS Surprise DECKERS OUTDOOR Price and EPS Surprise | DECKERS OUTDOOR Quote Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Avon Products Inc. AVP has an Earnings ESP of +33.33% and flaunts a Zacks Rank #1. Click to get this free report AVON PRODS INC (AVP): Free Stock Analysis Report BIG LOTS INC (BIG): Free Stock Analysis Report MARINEMAX INC (HZO): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here.
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DECKERS OUTDOOR Price and EPS Surprise DECKERS OUTDOOR Price and EPS Surprise | DECKERS OUTDOOR Quote Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Avon Products Inc. AVP has an Earnings ESP of +33.33% and flaunts a Zacks Rank #1. Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories, is slated to report second-quarter fiscal 2017 results on Oct 27. Unlikely to Beat Estimates Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter.
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0a2d0ca2-b25b-4dc8-8843-d4ce972998a7
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724516.0
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2016-10-20 00:00:00 UTC
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Notable Thursday Option Activity: DECK, PKG, VMW
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DECK
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https://www.nasdaq.com/articles/notable-thursday-option-activity-deck-pkg-vmw-2016-10-20
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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 Deckers Outdoor Corp. (Symbol: DECK), where a total volume of 2,697 contracts has been traded thus far today, a contract volume which is representative of approximately 269,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.7% of DECK's average daily trading volume over the past month, of 542,480 shares. Particularly high volume was seen for the $55 strike put option expiring December 16, 2016 , with 1,501 contracts trading so far today, representing approximately 150,100 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $55 strike highlighted in orange:
Packaging Corp of America (Symbol: PKG) options are showing a volume of 4,409 contracts thus far today. That number of contracts represents approximately 440,900 underlying shares, working out to a sizeable 49.6% of PKG's average daily trading volume over the past month, of 889,785 shares. Particularly high volume was seen for the $80 strike call option expiring January 20, 2017 , with 1,451 contracts trading so far today, representing approximately 145,100 underlying shares of PKG. Below is a chart showing PKG's trailing twelve month trading history, with the $80 strike highlighted in orange:
And VMware Inc (Symbol: VMW) options are showing a volume of 7,473 contracts thus far today. That number of contracts represents approximately 747,300 underlying shares, working out to a sizeable 49.2% of VMW's average daily trading volume over the past month, of 1.5 million shares. Particularly high volume was seen for the $74.50 strike call option expiring October 28, 2016 , with 2,502 contracts trading so far today, representing approximately 250,200 underlying shares of VMW. Below is a chart showing VMW's trailing twelve month trading history, with the $74.50 strike highlighted in orange:
For the various different available expirations for DECK options , PKG options , or VMW options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options 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.
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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Particularly high volume was seen for the $55 strike put option expiring December 16, 2016 , with 1,501 contracts trading so far today, representing approximately 150,100 underlying shares of DECK. Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deckers Outdoor Corp. (Symbol: DECK), where a total volume of 2,697 contracts has been traded thus far today, a contract volume which is representative of approximately 269,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.7% of DECK's average daily trading volume over the past month, of 542,480 shares.
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deckers Outdoor Corp. (Symbol: DECK), where a total volume of 2,697 contracts has been traded thus far today, a contract volume which is representative of approximately 269,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.7% of DECK's average daily trading volume over the past month, of 542,480 shares. Particularly high volume was seen for the $55 strike put option expiring December 16, 2016 , with 1,501 contracts trading so far today, representing approximately 150,100 underlying shares of DECK.
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deckers Outdoor Corp. (Symbol: DECK), where a total volume of 2,697 contracts has been traded thus far today, a contract volume which is representative of approximately 269,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.7% of DECK's average daily trading volume over the past month, of 542,480 shares. Particularly high volume was seen for the $55 strike put option expiring December 16, 2016 , with 1,501 contracts trading so far today, representing approximately 150,100 underlying shares of DECK.
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Particularly high volume was seen for the $55 strike put option expiring December 16, 2016 , with 1,501 contracts trading so far today, representing approximately 150,100 underlying shares of DECK. Below is a chart showing VMW's trailing twelve month trading history, with the $74.50 strike highlighted in orange: For the various different available expirations for DECK options , PKG options , or VMW options , visit StockOptionsChannel.com. Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deckers Outdoor Corp. (Symbol: DECK), where a total volume of 2,697 contracts has been traded thus far today, a contract volume which is representative of approximately 269,700 underlying shares (given that every 1 contract represents 100 underlying shares).
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724517.0
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2016-10-14 00:00:00 UTC
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The Zacks Analyst Blog Highlights: Rent-A-Center, Francesca's Holdings, Deckers Outdoor and Michael Kors Holdings
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DECK
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-rent-a-center-francescas-holdings-deckers-outdoor-and
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nan
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For Immediate Release
Chicago, IL - October 14, 2016 - 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 Rent-A-Center, Inc. (NASDAQ: RCII - Free Report ), Francesca's Holdings Corporation (NASDAQ: FRAN - Free Report ), Deckers Outdoor Corp. (NYSE: DECK - Free Report ) and Michael Kors Holdings Limited (NYSE: KORS - Free Report ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Thursday's Analyst Blog:
Avoid Rent-a-Center, Buy These Consumer Discretionary Stocks
In our school days, we learned "a stitch in time saves nine," which implies that timely action is likely to prevent serious loss later on. How about applying the same principle to your portfolio? Dumping an underperforming stock at the right time helps maximize your portfolio's return. So, as an investor it would be a rational decision to shun a stock that has been witnessing falling share price and estimates from your portfolio, before it hurts your return.
Here is one such consumer discretionary stock, Rent-A-Center, Inc. (NASDAQ: RCII - Free Report ), which is in troubled waters at the moment. The Zacks Rank #5 (Strong Sell) company's shares tanked nearly 29% on Oct 11 after it issued dismal preliminary guidance for third-quarter 2016.
Preliminary Data a Jolt Ahead of Earnings
Rent-A-Center, which is slated to report its third-quarter 2016 results on Oct 26, expects Core U.S. same store sales to be down nearly 12% in the quarter, while Acceptance Now same store sales is estimated to be flat. Core U.S. gross profit is likely to be flat year over year. Rent-A-Center anticipates earnings per share both on the GAAP and non-GAAP basis to be in the range of 5 cents to 15 cents per share, well below the Zacks Consensus Estimate of 40 cents, which is likely to witness a downward revision in the coming days.
Management stated that the technical snags and outages after the execution of new point-of-sale system negatively impacted Core sales. The company further said: "While we expect it to take several quarters to fully recover from the impact to the Core portfolio, system performance has improved dramatically and we have started to see early indicators of collections improvement."
Waning Top-line Performance
Rent-A-Center has been disappointing investors with its top-line performance for the past four consecutive quarters. Accelerated point of sale system rollout, sluggishness across the computers and tablets categories, headwinds across the oil-impacted markets and continued smartphones recast impacted the results.
Well from the above discussion it is quite apparent that it would be prudent to keep this stock off your portfolio at least for the time being.
Where to Invest Now?
Obviously, nothing about Rent-A-Center inspires confidence in the stock at the moment. Nevertheless, the consumer discretionary market still has a few promising stocks to offer. Given a rebounding U.S. economy, the sector is bubbling with optimism. A gradual recovery in the housing market and manufacturing sector, along with an improving labor market and lower gasoline prices, are favoring the economy and are acting as catalysts in raising buyers' confidence. We anticipate this positive sentiment to translate into higher consumer spending.
Based on growth, valuation, fundamentals and the top Zacks Rank, we have picked three stocks that have potential.
3 Prominent Picks
We suggest investing in Francesca's Holdings Corporation (NASDAQ: FRAN - Free Report ), which operates as a chain of retail boutiques. The company has delivered an average positive earnings beat of 15.4% over the trailing four quarters and has a long-term earnings growth rate of 13.8%. The Zacks Consensus Estimate too has been on the rise over the last 90 days and has a VGM Score of "B."
The stock has surged more than 35% in the past three months and has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Deckers Outdoor Corp. (NYSE: DECK - Free Report ), a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities is another solid bet. The stock carries a Zacks Rank #2 (Buy) and has surged more than 29% year to date. The company has delivered positive earnings surprises in the trailing four quarters, and has a long-term earnings growth rate of 10.8%. Further, the Zacks Consensus Estimate has been showing an uptrend over the past 90 days and also has a VGM Score of "A."
Another Zacks Rank #2 stock that investors may consider is Michael Kors Holdings Limited (NYSE: KORS - Free Report ) . This global luxury lifestyle company's shares have risen nearly 17% so far this year. It also has a VGM Score of "A." An average positive earnings surprise of 10.9% over the trailing four quarters and a long-term earnings growth rate of 10.3% make the company quite an attractive investment option.
Bottom Line
Investors can confidently end their search at stocks with a better Zacks Rank status of either #1 or #2, which encompasses its strong fundamentals, promises favorable price movement and highlights analysts' constructive view on the same via positive estimate revisions. A sturdy portfolio always promises higher returns.
Where Do Zacks' Investment Ideas Come From?
You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 ""Strong Buy"" stocks free of charge. There is no better place to start your own stock search. Plus you can access the full list of must-avoid Zacks Rank #5 ""Strong Sells"" and other private research. See the stocks free >>
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
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Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros .
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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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RENT-A-CENTER (RCII): Free Stock Analysis Report
FRANCESCAS HLDG (FRAN): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
MICHAEL KORS (KORS): 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.
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 Rent-A-Center, Inc. (NASDAQ: RCII - Free Report ), Francesca's Holdings Corporation (NASDAQ: FRAN - Free Report ), Deckers Outdoor Corp. (NYSE: DECK - Free Report ) and Michael Kors Holdings Limited (NYSE: KORS - Free Report ). Deckers Outdoor Corp. (NYSE: DECK - Free Report ), a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities is another solid bet. Get the full Report on RCII - FREE Get the full Report on FRAN - FREE Get the full Report on DECK - FREE Get the full Report on KORS - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts 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.
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Stocks recently featured in the blog include Rent-A-Center, Inc. (NASDAQ: RCII - Free Report ), Francesca's Holdings Corporation (NASDAQ: FRAN - Free Report ), Deckers Outdoor Corp. (NYSE: DECK - Free Report ) and Michael Kors Holdings Limited (NYSE: KORS - Free Report ). Get the full Report on RCII - FREE Get the full Report on FRAN - FREE Get the full Report on DECK - FREE Get the full Report on KORS - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts 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. Click to get this free report RENT-A-CENTER (RCII): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report MICHAEL KORS (KORS): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include Rent-A-Center, Inc. (NASDAQ: RCII - Free Report ), Francesca's Holdings Corporation (NASDAQ: FRAN - Free Report ), Deckers Outdoor Corp. (NYSE: DECK - Free Report ) and Michael Kors Holdings Limited (NYSE: KORS - Free Report ). Get the full Report on RCII - FREE Get the full Report on FRAN - FREE Get the full Report on DECK - FREE Get the full Report on KORS - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts 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. Click to get this free report RENT-A-CENTER (RCII): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report MICHAEL KORS (KORS): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include Rent-A-Center, Inc. (NASDAQ: RCII - Free Report ), Francesca's Holdings Corporation (NASDAQ: FRAN - Free Report ), Deckers Outdoor Corp. (NYSE: DECK - Free Report ) and Michael Kors Holdings Limited (NYSE: KORS - Free Report ). Deckers Outdoor Corp. (NYSE: DECK - Free Report ), a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities is another solid bet. Get the full Report on RCII - FREE Get the full Report on FRAN - FREE Get the full Report on DECK - FREE Get the full Report on KORS - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts 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.
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502c9373-0074-4499-ade8-f894a190d8c4
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724518.0
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2016-10-13 00:00:00 UTC
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Avoid Rent-A-Center, Buy These Consumer Discretionary Stocks
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DECK
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https://www.nasdaq.com/articles/avoid-rent-a-center-buy-these-consumer-discretionary-stocks-2016-10-13
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nan
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nan
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In our school days, we learned "a stitch in time saves nine," which implies that timely action is likely to prevent serious loss later on. How about applying the same principle to your portfolio? Dumping an underperforming stock at the right time helps maximize your portfolio's return. So, as an investor it would be a rational decision to shun a stock that has been witnessing falling share price and estimates from your portfolio, before it hurts your return.
Here is one such consumer discretionary stock, Rent-A-Center, Inc.RCII , which is in troubled waters at the moment. The Zacks Rank #5 (Strong Sell) company's shares tanked nearly 29% on Oct 11 after it issued dismal preliminary guidance for third-quarter 2016.
Preliminary Data a Jolt Ahead of Earnings
Rent-A-Center, which is slated to report its third-quarter 2016 results on Oct 26, expects Core U.S. same store sales to be down nearly 12% in the quarter, while Acceptance Now same store sales is estimated to be flat. Core U.S. gross profit is likely to be flat year over year. Rent-A-Center anticipates earnings per share both on the GAAP and non-GAAP basis to be in the range of 5 cents to 15 cents per share, well below the Zacks Consensus Estimate of 40 cents, which is likely to witness a downward revision in the coming days.
Management stated that the technical snags and outages after the execution of new point-of-sale system negatively impacted Core sales. The company further said: "While we expect it to take several quarters to fully recover from the impact to the Core portfolio, system performance has improved dramatically and we have started to see early indicators of collections improvement."
Waning Top-line Performance
Rent-A-Center has been disappointing investors with its top-line performance for the past four consecutive quarters. Accelerated point of sale system rollout, sluggishness across the computers and tablets categories, headwinds across the oil-impacted markets and continued smartphones recast impacted the results.
Well from the above discussion it is quite apparent that it would be prudent to keep this stock off your portfolio at least for the time being.
Where to Invest Now?
Obviously, nothing about Rent-A-Center inspires confidence in the stock at the moment. Nevertheless, the consumer discretionary market still has a few promising stocks to offer. Given a rebounding U.S. economy, the sector is bubbling with optimism. A gradual recovery in the housing market and manufacturing sector, along with an improving labor market and lower gasoline prices, are favoring the economy and are acting as catalysts in raising buyers' confidence. We anticipate this positive sentiment to translate into higher consumer spending.
Based on growth, valuation, fundamentals and the top Zacks Rank, we have picked three stocks that have potential.
3 Prominent Picks
We suggest investing in Francesca's Holdings CorporationFRAN , which operates as a chain of retail boutiques. The company has delivered an average positive earnings beat of 15.4% over the trailing four quarters and has a long-term earnings growth rate of 13.8%. The Zacks Consensus Estimate too has been on the rise over the last 90 days and has a VGM Score of "B."
The stock has surged more than 35% in the past three months and has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
FRANCESCAS HLDG Price
FRANCESCAS HLDG Price | FRANCESCAS HLDG Quote
Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities is another solid bet. The stock carries a Zacks Rank #2 (Buy) and has surged more than 29% year to date. The company has delivered positive earnings surprises in the trailing four quarters, and has a long-term earnings growth rate of 10.8%. Further, the Zacks Consensus Estimate has been showing an uptrend over the past 90 days and also has a VGM Score of "A."
DECKERS OUTDOOR Price
DECKERS OUTDOOR Price | DECKERS OUTDOOR Quote
Another Zacks Rank #2 stock that investors may consider is Michael Kors Holdings LimitedKORS . This global luxury lifestyle company's shares have risen nearly 17% so far this year. It also has a VGM Score of "A." An average positive earnings surprise of 10.9% over the trailing four quarters and a long-term earnings growth rate of 10.3% make the company quite an attractive investment option.
MICHAEL KORS Price
MICHAEL KORS Price | MICHAEL KORS Quote
Bottom Line
Investors can confidently end their search at stocks with a better Zacks Rank status of either #1 or #2, which encompasses its strong fundamentals, promises favorable price movement and highlights analysts' constructive view on the same via positive estimate revisions. A sturdy portfolio always promises higher returns.
Where Do Zacks' Investment Ideas Come From?
You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 ""Strong Buy"" stocks free of charge. There is no better place to start your own stock search. Plus you can access the full list of must-avoid Zacks Rank #5 ""Strong Sells"" and other private research. See the stocks 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
RENT-A-CENTER (RCII): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
MICHAEL KORS (KORS): Free Stock Analysis Report
FRANCESCAS HLDG (FRAN): 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.
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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FRANCESCAS HLDG Price FRANCESCAS HLDG Price | FRANCESCAS HLDG Quote Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities is another solid bet. DECKERS OUTDOOR Price DECKERS OUTDOOR Price | DECKERS OUTDOOR Quote Another Zacks Rank #2 stock that investors may consider is Michael Kors Holdings LimitedKORS . Click to get this free report RENT-A-CENTER (RCII): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report MICHAEL KORS (KORS): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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FRANCESCAS HLDG Price FRANCESCAS HLDG Price | FRANCESCAS HLDG Quote Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities is another solid bet. DECKERS OUTDOOR Price DECKERS OUTDOOR Price | DECKERS OUTDOOR Quote Another Zacks Rank #2 stock that investors may consider is Michael Kors Holdings LimitedKORS . Click to get this free report RENT-A-CENTER (RCII): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report MICHAEL KORS (KORS): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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DECKERS OUTDOOR Price DECKERS OUTDOOR Price | DECKERS OUTDOOR Quote Another Zacks Rank #2 stock that investors may consider is Michael Kors Holdings LimitedKORS . Click to get this free report RENT-A-CENTER (RCII): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report MICHAEL KORS (KORS): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. FRANCESCAS HLDG Price FRANCESCAS HLDG Price | FRANCESCAS HLDG Quote Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities is another solid bet.
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FRANCESCAS HLDG Price FRANCESCAS HLDG Price | FRANCESCAS HLDG Quote Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities is another solid bet. DECKERS OUTDOOR Price DECKERS OUTDOOR Price | DECKERS OUTDOOR Quote Another Zacks Rank #2 stock that investors may consider is Michael Kors Holdings LimitedKORS . Click to get this free report RENT-A-CENTER (RCII): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report MICHAEL KORS (KORS): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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f379221b-23c5-4c5b-8df1-6e6f5dbb85ad
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724519.0
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2016-10-12 00:00:00 UTC
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Rent-A-Center Stock Tumbles on Bleak Q3 Preliminary Results
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DECK
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https://www.nasdaq.com/articles/rent-a-center-stock-tumbles-on-bleak-q3-preliminary-results-2016-10-12
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nan
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nan
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Shares of leading rent-to-own operator in the U.S., Rent-A-Center, Inc.RCII tanked nearly 29% on Oct 11 after the company issued dismal preliminary guidance for third-quarter 2016.
The company expects Core U.S. same store sales to be down nearly 12% in the third- uarter while Acceptance Now same store sales is estimated to be flat. Core U.S. gross profit is likely to be flat year over year. Rent-A-Center anticipates earnings per share both on the GAAP and non-GAAP basis to be in the range of 5 cents to 15 cents per share, well below the Zacks Consensus Estimate of 40 cents.
The technical snags and outages after the execution of new point-of-sale system negatively impacted Core sales. The company further said: "While we expect it to take several quarters to fully recover from the impact to the Core portfolio, system performance has improved dramatically and we have started to see early indicators of collections improvement."
Rent-A-Center has been disappointing investors with its top-line performance for the past four consecutive quarters. Accelerated point of sale system rollout, persistent sluggishness across the computers and tablets categories, headwinds across the oil-impacted markets and continued smartphones recast impacted the results.
RENT-A-CENTER Price
RENT-A-CENTER Price | RENT-A-CENTER Quote
The Zacks Rank #3 (Hold) company's new business model called Acceptance Now is gaining traction as it enhances consumers' shopping experience. When a consumer is denied credit financing for a particular product from a retailer, Rent-A-Center under its Acceptance Now program acquires that product from the retailer and offers it to the consumer under a rental-purchase transaction. The company has moved a step ahead by introducing the Acceptance Now value proposition across retail partner websites.
Stocks to Consider
Better-ranked stocks worth considering include Deckers Outdoor Corp. DECK , Wolverine World Wide Inc. WWW and Sequential Brands Group, Inc. SQBG . All these stocks carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here .
Deckers Outdoor has surpassed the Zacks Consensus Estimate for earnings in the trailing four quarters and also has a long-term earnings growth rate of 10.8%.
Wolverine World Wide shares have gained more than 31% in the past six months.
Sequential Brands Group has a long-term earnings growth rate of 17.5%.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to 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
RENT-A-CENTER (RCII): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
WOLVERINE WORLD (WWW): Free Stock Analysis Report
SEQUENTIAL BRND (SQBG): 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.
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 to Consider Better-ranked stocks worth considering include Deckers Outdoor Corp. DECK , Wolverine World Wide Inc. WWW and Sequential Brands Group, Inc. SQBG . Deckers Outdoor has surpassed the Zacks Consensus Estimate for earnings in the trailing four quarters and also has a long-term earnings growth rate of 10.8%. Click to get this free report RENT-A-CENTER (RCII): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report SEQUENTIAL BRND (SQBG): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks to Consider Better-ranked stocks worth considering include Deckers Outdoor Corp. DECK , Wolverine World Wide Inc. WWW and Sequential Brands Group, Inc. SQBG . Click to get this free report RENT-A-CENTER (RCII): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report SEQUENTIAL BRND (SQBG): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor has surpassed the Zacks Consensus Estimate for earnings in the trailing four quarters and also has a long-term earnings growth rate of 10.8%.
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Click to get this free report RENT-A-CENTER (RCII): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report SEQUENTIAL BRND (SQBG): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Better-ranked stocks worth considering include Deckers Outdoor Corp. DECK , Wolverine World Wide Inc. WWW and Sequential Brands Group, Inc. SQBG . Deckers Outdoor has surpassed the Zacks Consensus Estimate for earnings in the trailing four quarters and also has a long-term earnings growth rate of 10.8%.
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Stocks to Consider Better-ranked stocks worth considering include Deckers Outdoor Corp. DECK , Wolverine World Wide Inc. WWW and Sequential Brands Group, Inc. SQBG . Deckers Outdoor has surpassed the Zacks Consensus Estimate for earnings in the trailing four quarters and also has a long-term earnings growth rate of 10.8%. Click to get this free report RENT-A-CENTER (RCII): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report SEQUENTIAL BRND (SQBG): Free Stock Analysis Report To read this article on Zacks.com click here.
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07323e32-2015-45d1-83c0-1883156a60f3
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724520.0
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2016-10-11 00:00:00 UTC
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Will NIKE's (NKE) Strategic Initiatives Propel Growth?
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DECK
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https://www.nasdaq.com/articles/will-nikes-nke-strategic-initiatives-propel-growth-2016-10-11
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nan
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nan
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With its customer-centric approach, innovative products and robust portfolio, NIKE, Inc.NKE holds a dominant position in the footwear and athletic apparel industry. Also, the company continues to seek opportunities for expanding its global footprint and market share via acquisitions, contracts to supply sports-related assortments, along with the development of its eCommerce and direct-to-consumer (DTC) business model.
NIKE's strong portfolio of globally recognized brands like NIKE, Converse and others, coupled with its focus on innovation have further strengthened its leadership position.
Notably, NIKE has in its kitty, contracts for supplying the official uniforms and apparel for the National Basketball Association and National Football League. Also, it is the footwear and apparel provider of USA Basketball, the governing body for the country's Olympic teams since 2006. Further, it boasts a strong balance sheet, which offers it the financial flexibility to drive future growth.
NIKE INC-B Price and Consensus
NIKE INC-B Price and Consensus | NIKE INC-B Quote
All these factors have helped NIKE to keep its positive earnings surprise streak alive for the seventeenth straight quarter when it posted solid first-quarter fiscal 2017 results. The quarter also marked a top-line beat after three consecutive misses. Moreover, results improved year over year, largely driven by a robust summer that saw events like the Rio Olympics and European soccer championship. (Read: NIKE Tops Q1 Earnings, Soft Future Orders Hurt Stock )
However, results were somewhat hurt by sluggish future orders. Also, NIKE's inventory position depicted a slowdown in its merchandise sales, posing concerns. Moreover, the company faces competition in both domestic and international markets from local as well as established players, such as Adidas AG ADDYY (including Reebok), Deckers Outdoor Corp. DECK , Under Armour, Inc. UA and Puma.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to 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
NIKE INC-B (NKE): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
ADIDAS AG-ADR (ADDYY): Free Stock Analysis Report
UNDER ARMOUR-A (UA): 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.
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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Moreover, the company faces competition in both domestic and international markets from local as well as established players, such as Adidas AG ADDYY (including Reebok), Deckers Outdoor Corp. DECK , Under Armour, Inc. UA and Puma. Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ADIDAS AG-ADR (ADDYY): Free Stock Analysis Report UNDER ARMOUR-A (UA): Free Stock Analysis Report To read this article on Zacks.com click here. With its customer-centric approach, innovative products and robust portfolio, NIKE, Inc.NKE holds a dominant position in the footwear and athletic apparel industry.
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ADIDAS AG-ADR (ADDYY): Free Stock Analysis Report UNDER ARMOUR-A (UA): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, the company faces competition in both domestic and international markets from local as well as established players, such as Adidas AG ADDYY (including Reebok), Deckers Outdoor Corp. DECK , Under Armour, Inc. UA and Puma. NIKE INC-B Price and Consensus NIKE INC-B Price and Consensus | NIKE INC-B Quote All these factors have helped NIKE to keep its positive earnings surprise streak alive for the seventeenth straight quarter when it posted solid first-quarter fiscal 2017 results.
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ADIDAS AG-ADR (ADDYY): Free Stock Analysis Report UNDER ARMOUR-A (UA): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, the company faces competition in both domestic and international markets from local as well as established players, such as Adidas AG ADDYY (including Reebok), Deckers Outdoor Corp. DECK , Under Armour, Inc. UA and Puma. NIKE INC-B Price and Consensus NIKE INC-B Price and Consensus | NIKE INC-B Quote All these factors have helped NIKE to keep its positive earnings surprise streak alive for the seventeenth straight quarter when it posted solid first-quarter fiscal 2017 results.
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ADIDAS AG-ADR (ADDYY): Free Stock Analysis Report UNDER ARMOUR-A (UA): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, the company faces competition in both domestic and international markets from local as well as established players, such as Adidas AG ADDYY (including Reebok), Deckers Outdoor Corp. DECK , Under Armour, Inc. UA and Puma. With its customer-centric approach, innovative products and robust portfolio, NIKE, Inc.NKE holds a dominant position in the footwear and athletic apparel industry.
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3747d57d-f724-4a41-a94b-7e2146479ef7
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724521.0
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2016-09-28 00:00:00 UTC
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Done with Nike (NKE)? 3 Apparel Stocks with More Room to Run
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DECK
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https://www.nasdaq.com/articles/done-with-nike-nke-3-apparel-stocks-with-more-room-to-run-2016-09-28
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nan
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nan
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With summer sporting events like the Rio Olympics and the European soccer championship behind us, it's time again to gauge the winners and losers among top brands that stood out. With leading names like Nike Inc.NKE , Adidas AGADDYY and Under Armour Inc.UA flashing everywhere during these events, it may be difficult to point out the real winner.
One will obviously take a peek into each of these companies' earnings performance in the last reported quarter to evaluate the player that should stand at the top. That said, the first company to show up is Nike, which released its first-quarter fiscal 2017 results after the closing bell yesterday.
The leading athletic apparel retailer posted heartening results with both revenues and earnings beating estimates and improving year over year, in the fiscal first quarter. However, this was not enough to woo investors -- shares of Nike closed down 2.6% in after-hours trading yesterday following the earnings release.
NIKE INC-B Price
NIKE INC-B Price | NIKE INC-B Quote
What Went Wrong?
Negative investor reaction after the earnings release was primarily due to a slowdown in future orders, which came in lower than expected. Worldwide future orders as of Aug 31, 2016, grew 7% on a currency-neutral basis. The key reason for the lag in future orders was attributed to the rise of competition from Under Armour and Adidas which have been eating into Nike's market share in key categories like basketball and casual footwear.
Another perspective from market analysts reveals that the slowdown in Nike's future orders is also due the waning popularity of 'athleisure' wear. But now, with a shift in consumer tastes and preferences to more fashionable assortments, this trend seems to be on the wane.
Further, an 11% rise in inventory as of the end of the fiscal first quarter indicates that the company's merchandise could be behind the company's contracting gross margins. In the reported quarter, Nike's gross margin fell 200 basis points (bps) to 45.5%. While the company attributed the decline to several factors including a higher off-price sales mix and the exiting of its golf equipment business, we believe a rise in inventory levels was also one of the reasons.
Additionally, the company expects the aforementioned factors to continue hurting gross margin in the second half of fiscal 2017, anticipating a flat gross margin rate in the second half of the fiscal year. Gross margin for the second quarter is projected to fall nearly 125 bps. Consequently, the company now expects gross margin for fiscal 2017 to contract compared with its previous forecast of a 30-50 bps expansion.
Thus, we do not recommend this Zacks Rank #3 (Hold) stock for your portfolio, at least for the time being. Instead, we have picked three apparel stocks for investors on the basis of a favorable Zacks Rank, sound Zacks Consensus Estimate revisions and sturdy fundamentals.
Our Picks
Investors can check out Francesca's Holdings Corp.FRAN , the operator of a chain of retail boutiques, sporting a Zacks Rank #1 (Strong Buy). The company has amassed year-over-year return of about 29.3% and surged 49.7% in the past three months.
The Houston, TX-based company delivered an average earnings beat of 15.4% over the trailing four quarters, and is expected to witness earnings growth of 8.9% in fiscal 2016 and 11.6% in fiscal 2017. Its Zacks Consensus Estimate has been on the rise over the past 30 days. The company has a long-term earnings growth rate of 13.8%.
FRANCESCAS HLDG Price
FRANCESCAS HLDG Price | FRANCESCAS HLDG Quote
Deckers Outdoor Corp.DECK , a consumer goods company that designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities, can be a solid bet for investors. The stock has surged roughly 30.1% year to date and added 11.7% in the last three months.
The Goleta, CA-based company delivered a positive earnings surprise of 25.2% in the trailing four quarters, and has a long-term earnings growth rate of 10.8%. Further, the Zacks Consensus Estimate has been showing an uptrend over the past 60 days. Deckers Outdoor currently holds a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
DECKERS OUTDOOR Price
DECKERS OUTDOOR Price | DECKERS OUTDOOR Quote
Another Zacks Rank #2 stock that investors may consider is that of Wolverine World Wide Inc.WWW . This is a consumer goods company that designs, manufactures, sources, markets, licenses and distributes footwear, apparel and accessories. The company's stock has surged nearly 39.7% so far this year and gained 21.8% in the past three months.
An average positive earnings surprise of 15.8% over the trailing four quarters and long-term earnings growth rate of 12.5% make this Rockford, MI-based player an attractive investment option. The company's Zacks Consensus Estimate has trended upward over the past 90 days.
WOLVERINE WORLD Price
WOLVERINE WORLD Price | WOLVERINE WORLD Quote
Now See Our Private Investment Ideas
While the above ideas are being shared with the public, other trades are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trades >>
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-B (NKE): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
WOLVERINE WORLD (WWW): Free Stock Analysis Report
ADIDAS AG-ADR (ADDYY): Free Stock Analysis Report
UNDER ARMOUR-A (UA): Free Stock Analysis Report
FRANCESCAS HLDG (FRAN): Free Stock Analysis Report
To read this article on Zacks.com 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.
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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FRANCESCAS HLDG Price FRANCESCAS HLDG Price | FRANCESCAS HLDG Quote Deckers Outdoor Corp.DECK , a consumer goods company that designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities, can be a solid bet for investors. Deckers Outdoor currently holds a Zacks Rank #2 (Buy). DECKERS OUTDOOR Price DECKERS OUTDOOR Price | DECKERS OUTDOOR Quote Another Zacks Rank #2 stock that investors may consider is that of Wolverine World Wide Inc.WWW .
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FRANCESCAS HLDG Price FRANCESCAS HLDG Price | FRANCESCAS HLDG Quote Deckers Outdoor Corp.DECK , a consumer goods company that designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities, can be a solid bet for investors. DECKERS OUTDOOR Price DECKERS OUTDOOR Price | DECKERS OUTDOOR Quote Another Zacks Rank #2 stock that investors may consider is that of Wolverine World Wide Inc.WWW . Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report ADIDAS AG-ADR (ADDYY): Free Stock Analysis Report UNDER ARMOUR-A (UA): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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FRANCESCAS HLDG Price FRANCESCAS HLDG Price | FRANCESCAS HLDG Quote Deckers Outdoor Corp.DECK , a consumer goods company that designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities, can be a solid bet for investors. DECKERS OUTDOOR Price DECKERS OUTDOOR Price | DECKERS OUTDOOR Quote Another Zacks Rank #2 stock that investors may consider is that of Wolverine World Wide Inc.WWW . Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report ADIDAS AG-ADR (ADDYY): Free Stock Analysis Report UNDER ARMOUR-A (UA): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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FRANCESCAS HLDG Price FRANCESCAS HLDG Price | FRANCESCAS HLDG Quote Deckers Outdoor Corp.DECK , a consumer goods company that designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities, can be a solid bet for investors. Deckers Outdoor currently holds a Zacks Rank #2 (Buy). DECKERS OUTDOOR Price DECKERS OUTDOOR Price | DECKERS OUTDOOR Quote Another Zacks Rank #2 stock that investors may consider is that of Wolverine World Wide Inc.WWW .
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c936b848-a44c-49fe-a8f3-e87bd6c3518d
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724522.0
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2016-09-28 00:00:00 UTC
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NIKE (NKE) Tops Q1 Earnings, Soft Future Orders Hurt Stock
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DECK
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https://www.nasdaq.com/articles/nike-nke-tops-q1-earnings-soft-future-orders-hurt-stock-2016-09-28
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nan
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nan
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Keeping its positive earnings surprise trend alive for the seventeenth straight quarter, NIKE Inc.NKE posted solid first-quarter fiscal 2017 results, which also saw a top-line beat after three consecutive misses. Moreover, results improved year over year, largely driven by a robust summer that saw events like the Rio Olympics and European soccer championship.
However, the results were not enough to please investors, whose negative sentiment was clearly visible from the 2.6% slip in NIKE's shares in the after-market trading session, attributable to sluggish future orders - a significant measure of demand for the company's products. Additionally, NIKE's inventory position depicted a slowdown in its merchandise sales, posing concerns.
This athletic apparel, footwear and accessories retailer's first-quarter earnings per share of 73 cents jumped nearly 9% year over year, while substantially beating the Zacks Consensus Estimate of 56 cents. Earnings were fueled by strong sales, reduced average share count, robust global momentum, operating overhead leverage and reduced tax rate, somewhat offset by a drop in gross margin and a hike in demand creation costs.
NIKE INC-B Price, Consensus and EPS Surprise
NIKE INC-B Price, Consensus and EPS Surprise | NIKE INC-B Quote
Revenues
Thanks to a sporty summer that led to a spectacular international performance, revenues of this swoosh brand owner advanced 8% to $9,061 million in the reported quarter and exceeded the Zacks Consensus Estimate of $8,833 million. Further, sales grew 10% on a currency neutral basis.
Revenues of the company's NIKE Brand surged 10% on a currency neutral basis to $8,459 million. The segment gained from a double-digit increase in Western Europe, Greater China, Central & Eastern Europe, Emerging Markets and Japan, which in turn was backed by solid growth across Sportswear, Running and the Jordan Brand.
Moreover, the NIKE brand's Direct-to-Consumer ("DTC") revenues improved 22% in the quarter, mainly on the back of 49% online sales growth and a 10% rise in new store increases.
Additionally, revenues at the company's Converse brand rose 4% to $574 million on a currency neutral basis, fueled by North American growth that was partly negated by weakness noted in Europe and Asia Pacific.
Future Orders
NIKE's global future orders for the NIKE Brand, slated for delivery from Sep 2016 through Jan 2017, went up 5% year over year to $12.3 billion. On a currency neutral basis, future orders rose 7%. However, as reported by sources, the outlook for future orders lagged analysts' estimates and also slowed down from last year, particularly in the North American region.
Per these sources, stiff competition from rivals like Under Armour, Inc. UA and Adidas AG ADDYY continues to be a pressing concern for NIKE, which is losing its market share to these sporting bigwigs. This has dented demand for NIKE's basketball shoes and causal footwear. Apart from this, a shift in consumers' tastes and preferences toward more fashionable assortments is also playing foul for NIKE, whose 'athleisure' popularity seems to be losing ground.
Costs & Margins
Gross profit improved about 3% to $4,123 million, while the gross margin shriveled 200 basis points (bps) to 45.5%. The decline in gross margin was attributable to an adverse impact from exiting Golf equipment operations, foreign currency headwinds, unfavorable off-price mix and shift of some expenses to cost of goods sold from operating overheads. This was somewhat compensated by higher average selling prices.
Selling and administrative expense escalated 12% to $2,897 million, on account of higher operating overhead costs stemming from growth in the DTC business and increased investments in infrastructure and digital capabilities, as well as rising costs for digital demand creation, brand events and sports marketing.
Balance Sheet & Shareholder-Friendly Moves
NIKE ended the quarter with cash and short-term investments of $4,787 million, long-term debt (excluding current maturities) of $1,993 million, and shareholders' equity of $12,165 million. Inventories as of Aug 31, 2016, grew nearly 11% to $4,896 million.
During the first quarter, NIKE bought back 19 million shares for $1.1 billion under its $12 billion program that was approved in Nov 2015 and extends for a four-year term. As of quarter end, the company's total repurchases under this program amounted to 39 million shares for roughly $2.2 billion.
Looking Forward
Though NIKE is facing various hurdles, its quarterly performance reflects its focus on adopting innovations to keep up with customer demand. While management expects foreign exchange headwinds to prevail in the future, it also remains confident of its growth drivers including efficient supply chain, enhanced connection between the digital and physical experiences, constant innovations and strategic investments - all of which are likely to boost long-term shareholder value.
Based on its own evaluation and suggestions from shareholders, management intends to alter the future order reporting sequencing. Notably, the company will no longer provide a future order update as a stand-alone metric, with its earnings release. It will instead discuss it as part of its broader outlook in its conference call, and also provide the details in its quarterly filings with the SEC.
Considering all factors, management reiterated its fiscal 2017 revenue projections, and expects the same to grow at a high single-digit rate, while on a currency neutral basis - it anticipates revenues to increase in a high single-digit to low double-digit range.
However, the company now expects gross margin for fiscal 2017 to contract, against its previous forecast of expansion in a range of 30-50 bps. SG&A expenses for fiscal 2017 are now anticipated to grow in the mid to high-single digits range, compared with a high single-digit rate projected earlier.
For the second quarter of fiscal 2017, the company expects revenues to grow in the mid single-digit range or little below its reported future order growth rate. Gross margin is projected to fall by nearly 125 bps in the quarter, mainly due to the same factors that hurt gross margin in the reported quarter. In fact, some of the negative factors will continue to prevail in the latter half of the fiscal, where management envisions gross margin rate to be flat. Further, SG&A expenses for the second quarter are estimated to grow at a low to mid-single-digit rate.
Zacks Rank
NIKE currently carries a Zacks Rank #3 (Hold). A better-ranked stock in the same industry is Deckers Outdoor Corp. DECK , with a Zacks Rank #2 (Buy).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
With a long-term EPS growth rate of 10.8%, Deckers has outperformed earnings estimates consistently in the last five quarters, with an average four-quarter beat of nearly 25.2%. Further, estimates for the current fiscal have witnessed an uptrend in the last 60 days.
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to 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
NIKE INC-B (NKE): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
ADIDAS AG-ADR (ADDYY): Free Stock Analysis Report
UNDER ARMOUR-A (UA): 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.
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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A better-ranked stock in the same industry is Deckers Outdoor Corp. DECK , with a Zacks Rank #2 (Buy).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. With a long-term EPS growth rate of 10.8%, Deckers has outperformed earnings estimates consistently in the last five quarters, with an average four-quarter beat of nearly 25.2%. Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ADIDAS AG-ADR (ADDYY): Free Stock Analysis Report UNDER ARMOUR-A (UA): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ADIDAS AG-ADR (ADDYY): Free Stock Analysis Report UNDER ARMOUR-A (UA): Free Stock Analysis Report To read this article on Zacks.com click here. A better-ranked stock in the same industry is Deckers Outdoor Corp. DECK , with a Zacks Rank #2 (Buy).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. With a long-term EPS growth rate of 10.8%, Deckers has outperformed earnings estimates consistently in the last five quarters, with an average four-quarter beat of nearly 25.2%.
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ADIDAS AG-ADR (ADDYY): Free Stock Analysis Report UNDER ARMOUR-A (UA): Free Stock Analysis Report To read this article on Zacks.com click here. A better-ranked stock in the same industry is Deckers Outdoor Corp. DECK , with a Zacks Rank #2 (Buy).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. With a long-term EPS growth rate of 10.8%, Deckers has outperformed earnings estimates consistently in the last five quarters, with an average four-quarter beat of nearly 25.2%.
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A better-ranked stock in the same industry is Deckers Outdoor Corp. DECK , with a Zacks Rank #2 (Buy).You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. With a long-term EPS growth rate of 10.8%, Deckers has outperformed earnings estimates consistently in the last five quarters, with an average four-quarter beat of nearly 25.2%. Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ADIDAS AG-ADR (ADDYY): Free Stock Analysis Report UNDER ARMOUR-A (UA): Free Stock Analysis Report To read this article on Zacks.com click here.
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7de4e901-0708-4667-a8dc-091a9f5356c2
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724523.0
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2016-09-22 00:00:00 UTC
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Why More Pain Could Be Ahead for Skechers' (SKX) Stock
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DECK
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https://www.nasdaq.com/articles/why-more-pain-could-be-ahead-for-skechers-skx-stock-2016-09-22
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nan
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nan
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Skechers U.S.A. Inc.SKX failed to be part of yesterday's stock market rally that was triggered by the Fed's decision to keep the benchmark interest rate unchanged for the time being. Shares of this designer, developer, marketer and distributor of footwear plunged roughly 9%, and also hit a 52-week low of $20.90 before closing at $21.22. The stock was under pressure after being downgraded by research firm, Morgan Stanley.
As per media reports, Morgan Stanley pointed out that changing consumer preference from athletic shoes toward more fashionable ones poses a concern for Skechers. The company will take time to adjust its inventory for the same, and this might weigh upon its sales. Moreover, stiff competition from other players such as Adidas AG with respect to price and new fashion is a cause for worry that might hurt Skechers' market share. The firm also stated that the company is spending more toward updating its global infrastructure than its expectations, which further compelled it to adopt a conservative view.
Fashion obsolescence remains the main concern for Skechers' business model, which involves a sustained focus on product and design innovation. The company's pioneering position may be hurt by delays in its product launches. A dreary retail backdrop in the U.S., stiff competition and adverse foreign currency fluctuations are headwinds that may weigh upon the company's performance.
After commencing fiscal 2016 on a high note, Skechers failed to carry the momentum into the second quarter amid the economic upheaval and a tough domestic retail environment. The company succumbed to a negative earnings surprise of 5.9% in the quarter, after registering an earnings beat of 18.9% in the first quarter. Foreign currency headwinds and higher G&A expenses hurt the bottom line. Even a 9.7% jump in net sales failed to act as a savior. We also observe that the rate of sales growth in the second quarter decelerated from 27.4% experienced in the first quarter.
Skechers currently carries a Zacks Rank #5 (Strong Sell).
SKECHERS USA-A Price
SKECHERS USA-A Price | SKECHERS USA-A Quote
Stocks to Consider
Better-ranked retail stocks include Urban Outfitters Inc. URBN , Deckers Outdoor Corp. DECK and Francesca's Holdings Corporation FRAN , all sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to 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
URBAN OUTFITTER (URBN): Free Stock Analysis Report
SKECHERS USA-A (SKX): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
FRANCESCAS HLDG (FRAN): Free Stock Analysis Report
To read this article on Zacks.com 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.
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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SKECHERS USA-A Price SKECHERS USA-A Price | SKECHERS USA-A Quote Stocks to Consider Better-ranked retail stocks include Urban Outfitters Inc. URBN , Deckers Outdoor Corp. DECK and Francesca's Holdings Corporation FRAN , all sporting a Zacks Rank #1 (Strong Buy). Click to get this free report URBAN OUTFITTER (URBN): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. Skechers U.S.A. Inc.SKX failed to be part of yesterday's stock market rally that was triggered by the Fed's decision to keep the benchmark interest rate unchanged for the time being.
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SKECHERS USA-A Price SKECHERS USA-A Price | SKECHERS USA-A Quote Stocks to Consider Better-ranked retail stocks include Urban Outfitters Inc. URBN , Deckers Outdoor Corp. DECK and Francesca's Holdings Corporation FRAN , all sporting a Zacks Rank #1 (Strong Buy). Click to get this free report URBAN OUTFITTER (URBN): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. The stock was under pressure after being downgraded by research firm, Morgan Stanley.
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SKECHERS USA-A Price SKECHERS USA-A Price | SKECHERS USA-A Quote Stocks to Consider Better-ranked retail stocks include Urban Outfitters Inc. URBN , Deckers Outdoor Corp. DECK and Francesca's Holdings Corporation FRAN , all sporting a Zacks Rank #1 (Strong Buy). Click to get this free report URBAN OUTFITTER (URBN): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. Skechers U.S.A. Inc.SKX failed to be part of yesterday's stock market rally that was triggered by the Fed's decision to keep the benchmark interest rate unchanged for the time being.
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SKECHERS USA-A Price SKECHERS USA-A Price | SKECHERS USA-A Quote Stocks to Consider Better-ranked retail stocks include Urban Outfitters Inc. URBN , Deckers Outdoor Corp. DECK and Francesca's Holdings Corporation FRAN , all sporting a Zacks Rank #1 (Strong Buy). Click to get this free report URBAN OUTFITTER (URBN): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. As per media reports, Morgan Stanley pointed out that changing consumer preference from athletic shoes toward more fashionable ones poses a concern for Skechers.
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f92c5759-c122-45e1-adc0-db00584d5218
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724524.0
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2016-09-22 00:00:00 UTC
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Noteworthy Thursday Option Activity: EPC, DECK, MLHR
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DECK
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https://www.nasdaq.com/articles/noteworthy-thursday-option-activity-epc-deck-mlhr-2016-09-22
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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 Edgewell Personal Care Co (Symbol: EPC), where a total volume of 5,521 contracts has been traded thus far today, a contract volume which is representative of approximately 552,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 94.3% of EPC's average daily trading volume over the past month, of 585,410 shares. Especially high volume was seen for the $80 strike call option expiring November 18, 2016 , with 2,738 contracts trading so far today, representing approximately 273,800 underlying shares of EPC. Below is a chart showing EPC's trailing twelve month trading history, with the $80 strike highlighted in orange:
Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 4,525 contracts, representing approximately 452,500 underlying shares or approximately 93.1% of DECK's average daily trading volume over the past month, of 485,965 shares. Particularly high volume was seen for the $65 strike put option expiring November 18, 2016 , with 1,712 contracts trading so far today, representing approximately 171,200 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $65 strike highlighted in orange:
And Herman Miller Inc. (Symbol: MLHR) options are showing a volume of 3,208 contracts thus far today. That number of contracts represents approximately 320,800 underlying shares, working out to a sizeable 86.2% of MLHR's average daily trading volume over the past month, of 372,070 shares. Particularly high volume was seen for the $35 strike put option expiring October 21, 2016 , with 2,592 contracts trading so far today, representing approximately 259,200 underlying shares of MLHR. Below is a chart showing MLHR's trailing twelve month trading history, with the $35 strike highlighted in orange:
For the various different available expirations for EPC options , DECK options , or MLHR options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options 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.
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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Particularly high volume was seen for the $65 strike put option expiring November 18, 2016 , with 1,712 contracts trading so far today, representing approximately 171,200 underlying shares of DECK. Below is a chart showing EPC's trailing twelve month trading history, with the $80 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 4,525 contracts, representing approximately 452,500 underlying shares or approximately 93.1% of DECK's average daily trading volume over the past month, of 485,965 shares. Below is a chart showing DECK's trailing twelve month trading history, with the $65 strike highlighted in orange: And Herman Miller Inc. (Symbol: MLHR) options are showing a volume of 3,208 contracts thus far today.
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Below is a chart showing EPC's trailing twelve month trading history, with the $80 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 4,525 contracts, representing approximately 452,500 underlying shares or approximately 93.1% of DECK's average daily trading volume over the past month, of 485,965 shares. Below is a chart showing DECK's trailing twelve month trading history, with the $65 strike highlighted in orange: And Herman Miller Inc. (Symbol: MLHR) options are showing a volume of 3,208 contracts thus far today. Particularly high volume was seen for the $65 strike put option expiring November 18, 2016 , with 1,712 contracts trading so far today, representing approximately 171,200 underlying shares of DECK.
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Below is a chart showing EPC's trailing twelve month trading history, with the $80 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 4,525 contracts, representing approximately 452,500 underlying shares or approximately 93.1% of DECK's average daily trading volume over the past month, of 485,965 shares. Particularly high volume was seen for the $65 strike put option expiring November 18, 2016 , with 1,712 contracts trading so far today, representing approximately 171,200 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $65 strike highlighted in orange: And Herman Miller Inc. (Symbol: MLHR) options are showing a volume of 3,208 contracts thus far today.
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Below is a chart showing EPC's trailing twelve month trading history, with the $80 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 4,525 contracts, representing approximately 452,500 underlying shares or approximately 93.1% of DECK's average daily trading volume over the past month, of 485,965 shares. Particularly high volume was seen for the $65 strike put option expiring November 18, 2016 , with 1,712 contracts trading so far today, representing approximately 171,200 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $65 strike highlighted in orange: And Herman Miller Inc. (Symbol: MLHR) options are showing a volume of 3,208 contracts thus far today.
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cd9f08dd-e352-4410-84e8-cda01a16f0bb
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724525.0
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2016-09-21 00:00:00 UTC
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Francesca Names Former Sage Stores Executive as its CEO
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DECK
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https://www.nasdaq.com/articles/francesca-names-former-sage-stores-executive-as-its-ceo-2016-09-21
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nan
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nan
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Francesca's Holdings CorporationFRAN has appointed Steven P. Lawrence as its new President and Chief Executive Officer (CEO). He will assume his new role effective from Oct 2016. Prior to this, Steven has worked as the Chief Merchandising Officer for apparel and accessories retailer, Sage Stores Inc.
Before Sage Stores, he had been at J.C. Penney Company Inc. JCP for nearly 12 years.
Lawrence will replace Richard W. Kunes who had been serving as the interim, President and CEO of Francesca since May 2016. The company had appointed Richard Kunes after its former CEOhad retired citing personal reasons. After Steven assumes his role, Richard Kunes will assume the role of Chairman of the Board.
We expect Francesca will achieve new heights under Steven's leadership. In his illustrious 26 years of experience, Steven has gathered an extensive knowledge in retail. He has also successfully led several teams to effectively execute strategic plans and in turn drive growth.
FRANCESCAS HLDG Price, Consensus and EPS Surprise
FRANCESCAS HLDG Price, Consensus and EPS Surprise | FRANCESCAS HLDG Quote
Francesca' remains well positioned in the apparel sector with a long term earnings growth rate of 13.8%. The company reported positive earnings surprises in all the trailing four quarters with an average surprise of 15.4%. Moreover, the Zacks Rank #1 (Strong Buy) company reported higher than expected sales for the past few quarters driven by its sales boosting initiatives like selecting compelling merchandise assortment and personalized guest experience which has been well received by the customers. The solid fundamentals of the company have made the analysts optimistic about the performance of the company. Consequently, they have raised their estimates both for 2016 and 2017.
Other Picks in the Sector
Investors interested in the shoes and apparel sector can also look into stocks which include Deckers Outdoor Corp. DECK , Iconix Brand Group, Inc. ICON both of which carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to 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
PENNEY (JC) INC (JCP): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
ICONIX BRAND GP (ICON): Free Stock Analysis Report
FRANCESCAS HLDG (FRAN): Free Stock Analysis Report
To read this article on Zacks.com 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.
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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Other Picks in the Sector Investors interested in the shoes and apparel sector can also look into stocks which include Deckers Outdoor Corp. DECK , Iconix Brand Group, Inc. ICON both of which carry a Zacks Rank #2 (Buy). Click to get this free report PENNEY (JC) INC (JCP): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. Francesca's Holdings CorporationFRAN has appointed Steven P. Lawrence as its new President and Chief Executive Officer (CEO).
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Click to get this free report PENNEY (JC) INC (JCP): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. Other Picks in the Sector Investors interested in the shoes and apparel sector can also look into stocks which include Deckers Outdoor Corp. DECK , Iconix Brand Group, Inc. ICON both of which carry a Zacks Rank #2 (Buy). Prior to this, Steven has worked as the Chief Merchandising Officer for apparel and accessories retailer, Sage Stores Inc. Before Sage Stores, he had been at J.C. Penney Company Inc. JCP for nearly 12 years.
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Click to get this free report PENNEY (JC) INC (JCP): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. Other Picks in the Sector Investors interested in the shoes and apparel sector can also look into stocks which include Deckers Outdoor Corp. DECK , Iconix Brand Group, Inc. ICON both of which carry a Zacks Rank #2 (Buy). FRANCESCAS HLDG Price, Consensus and EPS Surprise FRANCESCAS HLDG Price, Consensus and EPS Surprise | FRANCESCAS HLDG Quote Francesca' remains well positioned in the apparel sector with a long term earnings growth rate of 13.8%.
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Other Picks in the Sector Investors interested in the shoes and apparel sector can also look into stocks which include Deckers Outdoor Corp. DECK , Iconix Brand Group, Inc. ICON both of which carry a Zacks Rank #2 (Buy). Click to get this free report PENNEY (JC) INC (JCP): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. Francesca's Holdings CorporationFRAN has appointed Steven P. Lawrence as its new President and Chief Executive Officer (CEO).
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221ea562-9d87-492b-93f9-b53e40acd2a9
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724526.0
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2016-09-15 00:00:00 UTC
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Analysts See 11% Gains Ahead For IYK
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DECK
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https://www.nasdaq.com/articles/analysts-see-11-gains-ahead-iyk-2016-09-15
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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 iShares U.S. Consumer Goods ETF (Symbol: IYK), we found that the implied analyst target price for the ETF based upon its underlying holdings is $125.58 per unit.
With IYK trading at a recent price near $112.84 per unit, that means that analysts see 11.29% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of IYK's underlying holdings with notable upside to their analyst target prices are Cooper Tire & Rubber Co. (Symbol: CTB), Pool Corp (Symbol: POOL), and Deckers Outdoor Corp. (Symbol: DECK). Although CTB has traded at a recent price of $34.47/share, the average analyst target is 18.36% higher at $40.80/share. Similarly, POOL has 15.26% upside from the recent share price of $94.57 if the average analyst target price of $109.00/share is reached, and analysts on average are expecting DECK to reach a target price of $66.08/share, which is 14.23% above the recent price of $57.85. Below is a twelve month price history chart comparing the stock performance of CTB, POOL, and DECK:
Below is a summary table of the current analyst target prices discussed above:
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 »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, 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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Below is a twelve month price history chart comparing the stock performance of CTB, POOL, and DECK: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of IYK's underlying holdings with notable upside to their analyst target prices are Cooper Tire & Rubber Co. (Symbol: CTB), Pool Corp (Symbol: POOL), and Deckers Outdoor Corp. (Symbol: DECK). Similarly, POOL has 15.26% upside from the recent share price of $94.57 if the average analyst target price of $109.00/share is reached, and analysts on average are expecting DECK to reach a target price of $66.08/share, which is 14.23% above the recent price of $57.85.
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Similarly, POOL has 15.26% upside from the recent share price of $94.57 if the average analyst target price of $109.00/share is reached, and analysts on average are expecting DECK to reach a target price of $66.08/share, which is 14.23% above the recent price of $57.85. Three of IYK's underlying holdings with notable upside to their analyst target prices are Cooper Tire & Rubber Co. (Symbol: CTB), Pool Corp (Symbol: POOL), and Deckers Outdoor Corp. (Symbol: DECK). Below is a twelve month price history chart comparing the stock performance of CTB, POOL, and DECK: Below is a summary table of the current analyst target prices discussed above: 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, POOL has 15.26% upside from the recent share price of $94.57 if the average analyst target price of $109.00/share is reached, and analysts on average are expecting DECK to reach a target price of $66.08/share, which is 14.23% above the recent price of $57.85. Below is a twelve month price history chart comparing the stock performance of CTB, POOL, and DECK: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of IYK's underlying holdings with notable upside to their analyst target prices are Cooper Tire & Rubber Co. (Symbol: CTB), Pool Corp (Symbol: POOL), and Deckers Outdoor Corp. (Symbol: DECK).
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Similarly, POOL has 15.26% upside from the recent share price of $94.57 if the average analyst target price of $109.00/share is reached, and analysts on average are expecting DECK to reach a target price of $66.08/share, which is 14.23% above the recent price of $57.85. Three of IYK's underlying holdings with notable upside to their analyst target prices are Cooper Tire & Rubber Co. (Symbol: CTB), Pool Corp (Symbol: POOL), and Deckers Outdoor Corp. (Symbol: DECK). Below is a twelve month price history chart comparing the stock performance of CTB, POOL, and DECK: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now?
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ce1c33a3-3036-4d5e-8b89-5af2098d9f54
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724527.0
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2016-09-12 00:00:00 UTC
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Why Deckers' (DECK) Has Become Investors' Favorite Pick
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DECK
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https://www.nasdaq.com/articles/why-deckers-deck-has-become-investors-favorite-pick-2016-09-12
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nan
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nan
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Deckers Outdoor Corp.DECK is in favor with investors, riding on sturdy fundamentals and strategic initiatives. This is quite evident as the stock sports a Zacks Rank #1 (Strong Buy) and has a long-term earnings growth rate of 10.8% with a VGM Score of "A", offering a sound investment opportunity.
So far this year, the stock has advanced roughly 24%, and we believe there is still a good deal of momentum left in it still. This is apparent from the upward revision in the Zacks Consensus Estimate, which indicates that analysts covering the stock are optimistic about the stock's future performance. So get ready to cash in on the hidden potential of Deckers by adding it to your portfolio.
Driving Forces
Deckers is focused on expanding its brand assortments, bringing more innovation in its line of products, targeting consumers digitally via marketing and sturdy eCommerce, along with optimizing omni-channel distribution. All these endeavors aided the company's better-than-expected bottom-line results for the fifth straight quarter in the first quarter of fiscal 2017. Over the past 60 days, the Zacks Consensus Estimate of $4.32 and $4.75 for fiscal 2017 and fiscal 2018 saw a jump of 16 cents and 13 cents, respectively.
In an effort to drive growth through long-term strategies, this designer, marketer and distributor of footwear, apparel and accessories for casual lifestyle announced an organization restructuring plan. The plan focuses on realigning its brands into two groups, consolidating its brand offices for Sanuk and Ahnu brands, and optimizing its store fleet.
As part of its revamping initiatives, the company has begun to realign its brands into two groups, namely Fashion Lifestyle and Performance Lifestyle. The Fashion Lifestyle group will comprise of the UGG and Koolaburra brands, whereas the Performance Lifestyle group will include the Teva, Sanuk and Hoka brands.
The company's store fleet optimization plan focuses on striking the right balance between digital and physical stores. To do this, Deckers has identified more than 20 retail locations that are eligible for closures. These actions are likely to boost profitability and shareholder returns as it will not only enhance brand and store performances but also attract annualized savings of $30-$35 million.
DECKERS OUTDOOR Price, Consensus and EPS Surprise
DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote
Other Stocks Worth Considering
Investors may also consider other favorably ranked stocks such as The Children's Place, Inc. PLCE , Nordstrom Inc. JWN and Urban Outfitters Inc. URBN , all flaunting a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to 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
NORDSTROM INC (JWN): Free Stock Analysis Report
URBAN OUTFITTER (URBN): Free Stock Analysis Report
CHILDRENS PLACE (PLCE): Free Stock Analysis Report
DECKERS OUTDOOR (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.
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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Driving Forces Deckers is focused on expanding its brand assortments, bringing more innovation in its line of products, targeting consumers digitally via marketing and sturdy eCommerce, along with optimizing omni-channel distribution. Deckers Outdoor Corp.DECK is in favor with investors, riding on sturdy fundamentals and strategic initiatives. So get ready to cash in on the hidden potential of Deckers by adding it to your portfolio.
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DECKERS OUTDOOR Price, Consensus and EPS Surprise DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote Other Stocks Worth Considering Investors may also consider other favorably ranked stocks such as The Children's Place, Inc. PLCE , Nordstrom Inc. JWN and Urban Outfitters Inc. URBN , all flaunting a Zacks Rank #1. Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report CHILDRENS PLACE (PLCE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK is in favor with investors, riding on sturdy fundamentals and strategic initiatives.
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DECKERS OUTDOOR Price, Consensus and EPS Surprise DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote Other Stocks Worth Considering Investors may also consider other favorably ranked stocks such as The Children's Place, Inc. PLCE , Nordstrom Inc. JWN and Urban Outfitters Inc. URBN , all flaunting a Zacks Rank #1. Click to get this free report NORDSTROM INC (JWN): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report CHILDRENS PLACE (PLCE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK is in favor with investors, riding on sturdy fundamentals and strategic initiatives.
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DECKERS OUTDOOR Price, Consensus and EPS Surprise DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote Other Stocks Worth Considering Investors may also consider other favorably ranked stocks such as The Children's Place, Inc. PLCE , Nordstrom Inc. JWN and Urban Outfitters Inc. URBN , all flaunting a Zacks Rank #1. Deckers Outdoor Corp.DECK is in favor with investors, riding on sturdy fundamentals and strategic initiatives. So get ready to cash in on the hidden potential of Deckers by adding it to your portfolio.
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a90c3f5f-3cd6-4e0f-b757-0b8823273fff
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724528.0
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2016-09-09 00:00:00 UTC
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4 Consumer Stocks to Buy as Markets See a Downturn
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DECK
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https://www.nasdaq.com/articles/4-consumer-stocks-to-buy-as-markets-see-a-downturn-2016-09-09
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nan
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nan
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The stock markets in the U.S. as well as across the globe were in a state of frenzy on Sep 8, as markets reacted to the European Central Bank's unchanged stimulus policy and rates, North Korea testing nuclear weapons and a sudden surge in crude prices.
The U.S. exchanges, which remained stable for most of summer, witnessed strong selloff that led them to close in the negative zone. The Dow Jones Industrial Average fell 0.3% to 18,479.91, while the S&P 500 declined 0.2% to 2,181.30. Also, the Nasdaq Composite dipped 0.5% to 5,259.48. Though the other factors did little to impact the U.S. stocks, the surge in crude prices took the market by surprise. However, the rise in crude prices was not enough to compensate for the losses elsewhere.
Further, investors await the Fed's discussions on Sep 9 regarding, 'whether or not' a rate hike is in the cards later this month. The development is extremely crucial as it will be the deciding factor on the further strengthening of the U.S. dollar after the European Central Bank kept rates unchanged.
Some of the major losers yesterday were Pier 1 Imports Inc. PIR and Tractor Supply Company TSCO . While Pier 1 Imports lost volume due to the resignation of its CEO and lower comparable store sales, Tractor Supply saw its share price decline due to lowered guidance. Other losers on the list include Apple Inc. AAPL , Tesla Motors Inc. TSLA , Sprouts Farmers Market Inc. SFM , to name a few.
However, we believe that the strong selloff on Thursday is not likely to persist as the U.S. economy continues to recover as evidenced by growth in jobs and other consumer data. We see an improvement in the job market and increase in consumers' spending power, which indicates room for growth of consumer goods stocks.
That said, we feel that this dip in the stock market may provide an opportunity to invest in stocks in the consumer discretionary sector, which carry a favorable Zacks Rank and Value Style Score.
Value investing is basically the concept of putting one's money into stocks that are undervalued in the market. In value investing, investors tend to hold a stock until it meets its target price and sometimes even longer, provided the company displays continued profitability.
Making the best pick might be a daunting task and this is where our new style score system and our proven Zacks Rank system come to the rescue. Our research shows that stocks with a Value Style Score of 'A' or 'B' when combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy) offer the best opportunities in the value investing space.
4 Consumer Discretionary Stocks to Buy
Here, we bring you 4 consumer discretionary stocks worth investing amid the stock market dip. Let's find out what makes these stocks attractive.
Deckers Outdoor Corp.DECK , a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities, is a solid bet. The stock boasts a Value Score of "A" and a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here . The Goleta, CA-based company delivered an average positive earnings surprise of 25.2% over the trailing four quarters, and has a long-term earnings growth rate of 10.84%. The Zacks Consensus Estimate too has trended up over the past 60 days. In addition, the stock has a P/E of 14.4 as against the industry P/E of 18.8.
Investors can also count on Delta Apparel Inc.DLA , the designer, manufacturer, and seller of lifestyle basics and branded active wear apparel and headwear products in the U.S. and internationally. The stock carries a Zacks Rank #2 and has a long-term earnings growth rate of 15%. This Greenville, SC-based company delivered an average positive earnings surprise of 32.6% over the trailing four quarters and has a Value Score of "A". The Zacks Consensus Estimate for fiscal 2016 too has trended upward over the past 30 days. Moreover, the stock has a P/E of 12.4 as against the industry P/E of 13.2.
We also suggest investing in Outerwall Inc.OUTR , with a Zacks Rank #1, long-term earnings growth rate of 10% and a Value Score of "A". This Bellevue, WA-based automated retail solutions provider delivered an average positive earnings surprise of 75.5% over the trailing four quarters. The Zacks Consensus Estimate too has been on the rise over the past 60 days. The stock has a P/E of just 7.5 against the industry P/E of 19.8.
Last but not the least, Party City Holdco Inc.PRTY , with a Zacks Rank #2, long-term earnings growth rate of 14.5% and a Value Score of "A" is also a good pick. This Rockaway, NJ-based specialty retailer is a designer, manufacturer and distributor of party supplies in the U.S. and internationally. The company delivered an average positive earnings surprise of 1.4% over the trailing four quarters. The Zacks Consensus Estimate too has been on the rise over the past 60 days. Moreover, the stock has a P/E of 13.9 compared with the industry P/E of 17.4.
Confidential: Zacks' Best Investment Ideas
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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
TESLA MOTORS (TSLA): Free Stock Analysis Report
APPLE INC (AAPL): Free Stock Analysis Report
PIER 1 IMPORTS (PIR): Free Stock Analysis Report
TRACTOR SUPPLY (TSCO): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
OUTERWALL INC (OUTR): Free Stock Analysis Report
SPROUTS FMR MKT (SFM): Free Stock Analysis Report
PARTY CITY HOCO (PRTY): Free Stock Analysis Report
DELTA APPAREL (DLA): 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.
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 , a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities, is a solid bet. Click to get this free report TESLA MOTORS (TSLA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report PIER 1 IMPORTS (PIR): Free Stock Analysis Report TRACTOR SUPPLY (TSCO): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report OUTERWALL INC (OUTR): Free Stock Analysis Report SPROUTS FMR MKT (SFM): Free Stock Analysis Report PARTY CITY HOCO (PRTY): Free Stock Analysis Report DELTA APPAREL (DLA): Free Stock Analysis Report To read this article on Zacks.com click here. Other losers on the list include Apple Inc. AAPL , Tesla Motors Inc. TSLA , Sprouts Farmers Market Inc. SFM , to name a few.
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Click to get this free report TESLA MOTORS (TSLA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report PIER 1 IMPORTS (PIR): Free Stock Analysis Report TRACTOR SUPPLY (TSCO): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report OUTERWALL INC (OUTR): Free Stock Analysis Report SPROUTS FMR MKT (SFM): Free Stock Analysis Report PARTY CITY HOCO (PRTY): Free Stock Analysis Report DELTA APPAREL (DLA): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK , a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities, is a solid bet. Other losers on the list include Apple Inc. AAPL , Tesla Motors Inc. TSLA , Sprouts Farmers Market Inc. SFM , to name a few.
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Click to get this free report TESLA MOTORS (TSLA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report PIER 1 IMPORTS (PIR): Free Stock Analysis Report TRACTOR SUPPLY (TSCO): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report OUTERWALL INC (OUTR): Free Stock Analysis Report SPROUTS FMR MKT (SFM): Free Stock Analysis Report PARTY CITY HOCO (PRTY): Free Stock Analysis Report DELTA APPAREL (DLA): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK , a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities, is a solid bet. That said, we feel that this dip in the stock market may provide an opportunity to invest in stocks in the consumer discretionary sector, which carry a favorable Zacks Rank and Value Style Score.
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Deckers Outdoor Corp.DECK , a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities, is a solid bet. Click to get this free report TESLA MOTORS (TSLA): Free Stock Analysis Report APPLE INC (AAPL): Free Stock Analysis Report PIER 1 IMPORTS (PIR): Free Stock Analysis Report TRACTOR SUPPLY (TSCO): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report OUTERWALL INC (OUTR): Free Stock Analysis Report SPROUTS FMR MKT (SFM): Free Stock Analysis Report PARTY CITY HOCO (PRTY): Free Stock Analysis Report DELTA APPAREL (DLA): Free Stock Analysis Report To read this article on Zacks.com click here. That said, we feel that this dip in the stock market may provide an opportunity to invest in stocks in the consumer discretionary sector, which carry a favorable Zacks Rank and Value Style Score.
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e0aa938f-6708-4366-98fc-daa197f37d75
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724529.0
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2016-09-09 00:00:00 UTC
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Zacks Value Investor Highlights: Cooper-Standard, Arris Group and Deckers OutdoorsZacks Value Investor Highlights: Cooper-Standard, Arris Group and Deckers Outdoors
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DECK
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https://www.nasdaq.com/articles/zacks-value-investor-highlights%3A-cooper-standard-arris-group-and-deckers-outdoorszacks
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nan
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nan
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For Immediate Release
Chicago, IL - September 09, 2016 - 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/230576/the-best-value-stocks-to-buy-now )
The Best Value Stocks to Buy Now
Welcome to Episode #8 of the Value Investor Podcast
Every week, Zacks value stock strategist and the Editor of Zacks Value Investor portfolio service, Tracey Ryniec, talks about all things happening in the value stock universe, including her top stock picks.
This week, Tracey discusses cheap stocks with strong fundamentals.
These 3 stocks all have forward P/Es under 15 and attractive P/S and P/B ratios. Additionally, all three have rising earnings estimates, indicating that the analysts are bullish in the near term future.
3 Value Stocks With Strong Fundamentals
1. Cooper-Standard ( CPS ): Forward P/E = 9.8
2. Arris Group, Inc. ( ARRS ): Forward P/E = 11.1
3. Deckers Outdoors ( DECK ): Forward P/E of 14.6
There's a reason all three of these companies are trading with plenty of value. Investors believe there's issues in their industries (autos, cable, and retail.)
But value investors are always buying in sectors and industries that are out of favor with the rest of the market. There's an element of risk.
Find out more about these three value stocks and why the analysts are raising their full year estimates in this week's podcast.
Want more insights from Tracey?
Check out her weekly Value Investor service to receive more in-depth analysis on value companies and see which stocks she thinks are the best bargains now.
Click here to learn more>>
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.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
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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.
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
COOPER-STANDARD (CPS): Free Stock Analysis Report
ARRIS INTL PLC (ARRS): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
To read this article on Zacks.com 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.
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 Outdoors ( DECK ): Forward P/E of 14.6 There's a reason all three of these companies are trading with plenty of value. Click to get this free report COOPER-STANDARD (CPS): Free Stock Analysis Report ARRIS INTL PLC (ARRS): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. 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.
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Click to get this free report COOPER-STANDARD (CPS): Free Stock Analysis Report ARRIS INTL PLC (ARRS): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoors ( DECK ): Forward P/E of 14.6 There's a reason all three of these companies are trading with plenty of value. For Immediate Release Chicago, IL - September 09, 2016 - Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec.
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Click to get this free report COOPER-STANDARD (CPS): Free Stock Analysis Report ARRIS INTL PLC (ARRS): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoors ( DECK ): Forward P/E of 14.6 There's a reason all three of these companies are trading with plenty of value. To listen to the podcast, click here: ( https://www.zacks.com/stock/news/230576/the-best-value-stocks-to-buy-now ) The Best Value Stocks to Buy Now Welcome to Episode #8 of the Value Investor Podcast Every week, Zacks value stock strategist and the Editor of Zacks Value Investor portfolio service, Tracey Ryniec, talks about all things happening in the value stock universe, including her top stock picks.
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Deckers Outdoors ( DECK ): Forward P/E of 14.6 There's a reason all three of these companies are trading with plenty of value. Click to get this free report COOPER-STANDARD (CPS): Free Stock Analysis Report ARRIS INTL PLC (ARRS): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - September 09, 2016 - Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec.
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06e7fddf-3b8a-4e2d-a8a6-d8d44a8f1704
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724530.0
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2016-09-08 00:00:00 UTC
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Thursday Sector Laggards: Precious Metals, Textiles
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DECK
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https://www.nasdaq.com/articles/thursday-sector-laggards-precious-metals-textiles-2016-09-08
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nan
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nan
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In trading on Thursday, precious metals shares were relative laggards, down on the day by about 1.6%. Helping drag down the group were shares of Almaden Minerals ( AAU ), down about 6.4% and shares of DRDGOLD ( DRD ) down about 5.5% on the day.
Also lagging the market Thursday are textiles shares, down on the day by about 1.1% as a group, led down by G-III Apparel Group ( GIII ), trading lower by about 3.9% and Deckers Outdoor Corporation ( DECK ), trading lower by about 3.4%.
VIDEO: Thursday Sector Laggards: Precious Metals, Textiles
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, 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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Also lagging the market Thursday are textiles shares, down on the day by about 1.1% as a group, led down by G-III Apparel Group ( GIII ), trading lower by about 3.9% and Deckers Outdoor Corporation ( DECK ), trading lower by about 3.4%. In trading on Thursday, precious metals shares were relative laggards, down on the day by about 1.6%. VIDEO: Thursday Sector Laggards: Precious Metals, Textiles 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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Also lagging the market Thursday are textiles shares, down on the day by about 1.1% as a group, led down by G-III Apparel Group ( GIII ), trading lower by about 3.9% and Deckers Outdoor Corporation ( DECK ), trading lower by about 3.4%. In trading on Thursday, precious metals shares were relative laggards, down on the day by about 1.6%. VIDEO: Thursday Sector Laggards: Precious Metals, Textiles 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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Also lagging the market Thursday are textiles shares, down on the day by about 1.1% as a group, led down by G-III Apparel Group ( GIII ), trading lower by about 3.9% and Deckers Outdoor Corporation ( DECK ), trading lower by about 3.4%. VIDEO: Thursday Sector Laggards: Precious Metals, Textiles The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, 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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Also lagging the market Thursday are textiles shares, down on the day by about 1.1% as a group, led down by G-III Apparel Group ( GIII ), trading lower by about 3.9% and Deckers Outdoor Corporation ( DECK ), trading lower by about 3.4%. In trading on Thursday, precious metals shares were relative laggards, down on the day by about 1.6%. Helping drag down the group were shares of Almaden Minerals ( AAU ), down about 6.4% and shares of DRDGOLD ( DRD ) down about 5.5% on the day.
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2016-09-07 00:00:00 UTC
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Zacks.com featured highlights: Tyson Foods, NetApp, Cooper-Standard, Urban Outfitters and Deckers Outdoor
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DECK
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https://www.nasdaq.com/articles/zacks.com-featured-highlights%3A-tyson-foods-netapp-cooper-standard-urban-outfitters-and
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For Immediate Release
Chicago, IL - September 07, 2016 - Stocks in this week's article include: Tyson Foods Inc. ( TSN ), NetApp, Inc. ( NTAP ), Cooper-Standard Holdings Inc. ( CPS ), Urban Outfitters Inc. ( URBN ) and Deckers Outdoor Corp. ( DECK ).
Screen of the Week of Zacks Investment Research:
Upgraded Broker Ratings Make These 5 Stocks Worth Buying
A number of fundamental and technical aspects are involved in recognizing stocks with strong growth potential. It's not an easy task for individual investors to select stocks on their own and this is where expert advice comes in handy.
By following broker rating upgrades, an investor can effortlessly find attractive stocks. Brokers have greater insight into what's happening in a particular company, as they directly communicate with the top management. Also, they exhaustively go through the company's publicly available documents and attend conference calls.
Further, brokers have a deeper understanding of the overall industry. They also place the company fundamentals against the present economic backdrop to figure out how the stock will fare as an investment.
Therefore, when a broker upgrades a stock, you can certainly rely on their judgment. Nonetheless, depending solely on broker upgrade is not a great idea to build your investment portfolio. You should also take into account other factors to ensure steady returns.
The following screening strategy will help you in finding potential winners:
The Winning Strategy
Broker Rating Upgrades (4 weeks): The screen chooses stocks that have witnessed broker upgrades over the last four weeks.
Current Price greater than or equal to 5: The stocks must be trading at $5 or above.
Average 20-day Volume greater than 100,000: A large trading volume guarantees that the stock is easily tradable.
Zacks Rank equal to #1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven record of success.
VGM Score equal to A: Our research shows that stocks with a VGM Score of 'A' or 'B' when combined with a Zacks Rank #1 or 2 (Buy) offer the best upside potential.
Here are five of the 11 stocks that made it through the screen:
Headquartered in Arkansas, Tyson Foods Inc. ( TSN ) produces, distributes and markets chicken, beef, pork, prepared foods and allied products. Over the trailing four quarters, the company delivered an average positive surprise of 12.2%.
NetApp, Inc. ( NTAP ), headquartered in California, provides enterprise storage and data management software and hardware products and services. The company boasts a strong surprise history, with a trailing four-quarter average beat of 14.5%.
Cooper-Standard Holdings Inc. ( CPS ), based in Novi, MI, operates as a supplier of systems and components for the automotive industry. The company boasts a strong surprise history, with a trailing four-quarter average beat of 51.2%.
Philadelphia, PA-based Urban Outfitters Inc. ( URBN ) is a lifestyle specialty retailer that offers fashion apparel and accessories, footwear, home décor and gifts products. The company boasts a strong surprise history, with a trailing four-quarter average beat of 6.7%.
Deckers Outdoor Corp. ( DECK ), based in Goleta, CA, 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 boasts a strong surprise history, with a trailing four-quarter average beat of 25.2%.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software.
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
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
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. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
Follow us on Twitter: https://twitter.com/zacksresearch
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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/performance
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/performance for information about the performance numbers displayed in this press release.
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
TYSON FOODS A (TSN): Free Stock Analysis Report
NETAPP INC (NTAP): Free Stock Analysis Report
COOPER-STANDARD (CPS): Free Stock Analysis Report
URBAN OUTFITTER (URBN): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
To read this article on Zacks.com 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.
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 - September 07, 2016 - Stocks in this week's article include: Tyson Foods Inc. ( TSN ), NetApp, Inc. ( NTAP ), Cooper-Standard Holdings Inc. ( CPS ), Urban Outfitters Inc. ( URBN ) and Deckers Outdoor Corp. ( DECK ). Deckers Outdoor Corp. ( DECK ), based in Goleta, CA, is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Click to get this free report TYSON FOODS A (TSN): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report COOPER-STANDARD (CPS): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - September 07, 2016 - Stocks in this week's article include: Tyson Foods Inc. ( TSN ), NetApp, Inc. ( NTAP ), Cooper-Standard Holdings Inc. ( CPS ), Urban Outfitters Inc. ( URBN ) and Deckers Outdoor Corp. ( DECK ). Click to get this free report TYSON FOODS A (TSN): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report COOPER-STANDARD (CPS): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp. ( DECK ), based in Goleta, CA, 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 TYSON FOODS A (TSN): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report COOPER-STANDARD (CPS): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - September 07, 2016 - Stocks in this week's article include: Tyson Foods Inc. ( TSN ), NetApp, Inc. ( NTAP ), Cooper-Standard Holdings Inc. ( CPS ), Urban Outfitters Inc. ( URBN ) and Deckers Outdoor Corp. ( DECK ). Deckers Outdoor Corp. ( DECK ), based in Goleta, CA, 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 - September 07, 2016 - Stocks in this week's article include: Tyson Foods Inc. ( TSN ), NetApp, Inc. ( NTAP ), Cooper-Standard Holdings Inc. ( CPS ), Urban Outfitters Inc. ( URBN ) and Deckers Outdoor Corp. ( DECK ). Deckers Outdoor Corp. ( DECK ), based in Goleta, CA, is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Click to get this free report TYSON FOODS A (TSN): Free Stock Analysis Report NETAPP INC (NTAP): Free Stock Analysis Report COOPER-STANDARD (CPS): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here.
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701cda9a-2e4f-4760-bf37-da7118566e70
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724532.0
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2016-09-07 00:00:00 UTC
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The Best Value Stocks to Buy Now
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https://www.nasdaq.com/articles/best-value-stocks-buy-now-2016-09-07
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nan
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nan
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Welcome to Episode #8 of the Value Investor Podcast
Every week, Zacks value stock strategist and the Editor of Zacks Value Investor portfolio service, Tracey Ryniec, talks about all things happening in the value stock universe, including her top stock picks.
This week, Tracey discusses cheap stocks with strong fundamentals.
These 3 stocks all have forward P/Es under 15 and attractive P/S and P/B ratios. Additionally, all three have rising earnings estimates, indicating that the analysts are bullish in the near term future.
3 Value Stocks With Strong Fundamentals
1. Cooper-Standard (CPS): Forward P/E = 9.8
2. Arris Group, Inc. (ARRS): Forward P/E = 11.1
3. Deckers Outdoors (DECK): Forward P/E of 14.6
There's a reason all three of these companies are trading with plenty of value. Investors believe there's issues in their industries (autos, cable, and retail.)
But value investors are always buying in sectors and industries that are out of favor with the rest of the market. There's an element of risk.
Find out more about these three value stocks and why the analysts are raising their full year estimates in this week's podcast.
Interested in the difference between a cheap stock and a value trap?
Want more insights from Tracey?
Check out her weekly Value Investor service to receive more in-depth analysis on value companies and see which stocks she thinks are the best bargains now.
Click here to learn more>>
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
ARRIS INTL PLC (ARRS): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
COOPER-STANDARD (CPS): 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.
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 Outdoors (DECK): Forward P/E of 14.6 There's a reason all three of these companies are trading with plenty of value. Click to get this free report ARRIS INTL PLC (ARRS): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report COOPER-STANDARD (CPS): Free Stock Analysis Report To read this article on Zacks.com click here. Additionally, all three have rising earnings estimates, indicating that the analysts are bullish in the near term future.
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Click to get this free report ARRIS INTL PLC (ARRS): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report COOPER-STANDARD (CPS): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoors (DECK): Forward P/E of 14.6 There's a reason all three of these companies are trading with plenty of value. This week, Tracey discusses cheap stocks with strong fundamentals.
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Click to get this free report ARRIS INTL PLC (ARRS): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report COOPER-STANDARD (CPS): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoors (DECK): Forward P/E of 14.6 There's a reason all three of these companies are trading with plenty of value. Welcome to Episode #8 of the Value Investor Podcast Every week, Zacks value stock strategist and the Editor of Zacks Value Investor portfolio service, Tracey Ryniec, talks about all things happening in the value stock universe, including her top stock picks.
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Deckers Outdoors (DECK): Forward P/E of 14.6 There's a reason all three of these companies are trading with plenty of value. Click to get this free report ARRIS INTL PLC (ARRS): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report COOPER-STANDARD (CPS): Free Stock Analysis Report To read this article on Zacks.com click here. This week, Tracey discusses cheap stocks with strong fundamentals.
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c7266370-ae6f-4e70-bea7-f37d5711b9ae
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2016-09-06 00:00:00 UTC
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Upgraded Broker Ratings Make These 5 Stocks Worth Buying
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DECK
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https://www.nasdaq.com/articles/upgraded-broker-ratings-make-these-5-stocks-worth-buying-2016-09-06
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nan
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A number of fundamental and technical aspects are involved in recognizing stocks with strong growth potential. It's not an easy task for individual investors to select stocks on their own and this is where expert advice comes in handy.
By following broker rating upgrades, an investor can effortlessly find attractive stocks. Brokers have greater insight into what's happening in a particular company, as they directly communicate with the top management. Also, they exhaustively go through the company's publicly available documents and attend conference calls.
Further, brokers have a deeper understanding of the overall industry. They also place the company fundamentals against the present economic backdrop to figure out how the stock will fare as an investment.
Therefore, when a broker upgrades a stock, you can certainly rely on their judgment. Nonetheless, depending solely on broker upgrade is not a great idea to build your investment portfolio. You should also take into account other factors to ensure steady returns.
The following screening strategy will help you in finding potential winners:
The Winning Strategy
Broker Rating Upgrades (4 weeks): The screen chooses stocks that have witnessed broker upgrades over the last four weeks.
Current Price greater than or equal to 5: The stocks must be trading at $5 or above.
Average 20-day Volume greater than 100,000: A large trading volume guarantees that the stock is easily tradable.
Zacks Rank equal to #1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven record of success.
VGM Score equal to A: Our research shows that stocks with a VGM Score of 'A' or 'B' when combined with a Zacks Rank #1 or 2 (Buy) offer the best upside potential.
Here are five of the 11 stocks that made it through the screen:
Headquartered in Arkansas, Tyson Foods Inc.TSN produces, distributes and markets chicken, beef, pork, prepared foods and allied products. Over the trailing four quarters, the company delivered an average positive surprise of 12.2%.
NetApp, Inc.NTAP , headquartered in California, provides enterprise storage and data management software and hardware products and services. The company boasts a strong surprise history, with a trailing four-quarter average beat of 14.5%.
Cooper-Standard Holdings Inc.CPS , based in Novi, MI, operates as a supplier of systems and components for the automotive industry. The company boasts a strong surprise history, with a trailing four-quarter average beat of 51.2%.
Philadelphia, PA-based Urban Outfitters Inc.URBN is a lifestyle specialty retailer that offers fashion apparel and accessories, footwear, home décor and gifts products. The company boasts a strong surprise history, with a trailing four-quarter average beat of 6.7%.
Deckers Outdoor CorporationDECK , based in Goleta, CA, 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 boasts a strong surprise history, with a trailing four-quarter average beat of 25.2%.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software.
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
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it 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
NETAPP INC (NTAP): Free Stock Analysis Report
TYSON FOODS A (TSN): Free Stock Analysis Report
URBAN OUTFITTER (URBN): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
COOPER-STANDARD (CPS): Free Stock Analysis Report
To read this article on Zacks.com 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.
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 CorporationDECK , based in Goleta, CA, is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Click to get this free report NETAPP INC (NTAP): Free Stock Analysis Report TYSON FOODS A (TSN): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report COOPER-STANDARD (CPS): Free Stock Analysis Report To read this article on Zacks.com click here. Cooper-Standard Holdings Inc.CPS , based in Novi, MI, operates as a supplier of systems and components for the automotive industry.
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Click to get this free report NETAPP INC (NTAP): Free Stock Analysis Report TYSON FOODS A (TSN): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report COOPER-STANDARD (CPS): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor CorporationDECK , based in Goleta, CA, 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 boasts a strong surprise history, with a trailing four-quarter average beat of 14.5%.
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Click to get this free report NETAPP INC (NTAP): Free Stock Analysis Report TYSON FOODS A (TSN): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report COOPER-STANDARD (CPS): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor CorporationDECK , based in Goleta, CA, is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. The following screening strategy will help you in finding potential winners: The Winning Strategy Broker Rating Upgrades (4 weeks): The screen chooses stocks that have witnessed broker upgrades over the last four weeks.
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Deckers Outdoor CorporationDECK , based in Goleta, CA, is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Click to get this free report NETAPP INC (NTAP): Free Stock Analysis Report TYSON FOODS A (TSN): Free Stock Analysis Report URBAN OUTFITTER (URBN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report COOPER-STANDARD (CPS): Free Stock Analysis Report To read this article on Zacks.com click here. Current Price greater than or equal to 5: The stocks must be trading at $5 or above.
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3cbbbbdc-f4c5-4a47-bb16-d1cfc9fa9e7e
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724534.0
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2016-09-02 00:00:00 UTC
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H&R Block (HRB): Time to Dump the Stock from Portfolio?
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https://www.nasdaq.com/articles/hr-block-hrb%3A-time-to-dump-the-stock-from-portfolio-2016-09-02
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On Sep 1, Zacks Investment Research downgraded H&R Block Inc . HRB to a Zacks Rank #4 (Sell).
Why the Downgrade?
H&R Block witnessed downward estimate revisions after reporting disappointing fiscal first-quarter 2017 results. Shares of this tax preparer have been on a downtrend of late. In fact, the stock dipped 0.4% since the company reported first-quarter results. Given its expected negative earnings growth rates for the upcoming quarters, we anticipate the stock to decline further.
On Aug 30, H&R Block reported loss per share of 55 cents, wider than the Zacks Consensus Estimate of a loss of 53 cents and the year-ago loss of 35 cents. The quarterly results were affected by the divestiture of H&R Block Bank. Revenues too suffered owing to lower return volumes in the tax business and unfavorable currency exchange rates in international business. The impact of divesture was large enough to offset the effect of cost-reduction initiatives and a lower share count.
Also, the company expects the divestiture of H&R Block Bank to hurt the bottom line by 8-10 cents per share annually.
Coming to the insurer's balance sheet position, its cash and cash equivalents declined year over year, while long-term debt was significantly higher than the year-ago level. Cash and cash equivalents deteriorated largely owing to cash payments made for the transfer of deposit liabilities due to the bank divestiture, changes in capital structure and share buyback. Long-term debt increased owing to issuance of debt. Net cash used in operations also compared unfavorably year over year.
The Zacks Consensus Estimate for 2017 and 2018 moved down by a cent each in the last seven days. The same is currently pegged at $1.72 and $1.81 for 2017 and 2018, respectively, as one-third of the estimates moved south.
BLOCK H & R Price and Consensus
BLOCK H & R Price and Consensus | BLOCK H & R Quote
Stocks to Consider
Not all consumer discretionary stocks, however, are performing as poorly as H&R Block. Some better-ranked stocks include Central Garden & Pet Company CENT , Deckers Outdoor Corp. DECK and Outerwall Inc. OUTR , each sporting a Zacks Rank #1 (Strong Buy).
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to 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
CENTRAL GARDEN (CENT): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
BLOCK H & R (HRB): Free Stock Analysis Report
OUTERWALL INC (OUTR): 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.
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 include Central Garden & Pet Company CENT , Deckers Outdoor Corp. DECK and Outerwall Inc. OUTR , each sporting a Zacks Rank #1 (Strong Buy). Click to get this free report CENTRAL GARDEN (CENT): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report BLOCK H & R (HRB): Free Stock Analysis Report OUTERWALL INC (OUTR): Free Stock Analysis Report To read this article on Zacks.com click here. Given its expected negative earnings growth rates for the upcoming quarters, we anticipate the stock to decline further.
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Some better-ranked stocks include Central Garden & Pet Company CENT , Deckers Outdoor Corp. DECK and Outerwall Inc. OUTR , each sporting a Zacks Rank #1 (Strong Buy). Click to get this free report CENTRAL GARDEN (CENT): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report BLOCK H & R (HRB): Free Stock Analysis Report OUTERWALL INC (OUTR): Free Stock Analysis Report To read this article on Zacks.com click here. On Aug 30, H&R Block reported loss per share of 55 cents, wider than the Zacks Consensus Estimate of a loss of 53 cents and the year-ago loss of 35 cents.
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Click to get this free report CENTRAL GARDEN (CENT): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report BLOCK H & R (HRB): Free Stock Analysis Report OUTERWALL INC (OUTR): Free Stock Analysis Report To read this article on Zacks.com click here. Some better-ranked stocks include Central Garden & Pet Company CENT , Deckers Outdoor Corp. DECK and Outerwall Inc. OUTR , each sporting a Zacks Rank #1 (Strong Buy). On Aug 30, H&R Block reported loss per share of 55 cents, wider than the Zacks Consensus Estimate of a loss of 53 cents and the year-ago loss of 35 cents.
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Some better-ranked stocks include Central Garden & Pet Company CENT , Deckers Outdoor Corp. DECK and Outerwall Inc. OUTR , each sporting a Zacks Rank #1 (Strong Buy). Click to get this free report CENTRAL GARDEN (CENT): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report BLOCK H & R (HRB): Free Stock Analysis Report OUTERWALL INC (OUTR): Free Stock Analysis Report To read this article on Zacks.com click here. On Sep 1, Zacks Investment Research downgraded H&R Block Inc .
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ebb3563f-203c-4aff-8a83-aa44d2b1a163
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724535.0
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2016-08-31 00:00:00 UTC
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5 Stocks to Buy on Record Consumer Confidence
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DECK
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https://www.nasdaq.com/articles/5-stocks-buy-record-consumer-confidence-2016-08-31
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nan
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nan
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Consumer confidence surged during the month of August, indicating that the economy was rebounding after performing poorly during the first half of the year. Cheap fuel prices and a strong jobs market seem to have contributed toward improving the health of the economy substantially.
This release adds to several such reports which are indicating that an economic turnaround in the second half of the year is well underway. For instance, recent data on consumer expenditure had also been encouraging. Adding consumer related stocks to your portfolio would make for a smart choice at this time.
Consumer Confidence Surges
In August, consumer confidence surged to its highest level in 11 months. The index increased by 4.4 points to 101.1, well above the expected level of 97.4, to its highest level since Sep 2015. The present situation index increased from 118.8 to 123, the highest level witnessed since end 2007.
Additionally, the expectations index increased to 86.4, but remained below the highest level achieved since the end of 2008's recession. But more significantly, the labor market differential, the gap between those who believed that jobs were in abundance and those who thinks jobs are difficult to get, was the highest since Jan 2008.
Buildup of Bullish Data
The labor market differential has a high correlation to official unemployment rate data released by the Department of Labor. The fact that is has become increasingly favorable indicates that unemployment is set to decline further. On Tuesday, Fed Vice Chair Stanley Fisher also provided similar indications about the state of the economy. Fisher said the labor market was extremely close to full employment levels.
Fisher's optimism about the economy has also been reflected in economic reports released recently. Housing data released this month has been encouraging as have reports on durable goods and industrial production. The only weak spot witnessed this month has been Department of Commerce's second estimate for second quarter GDP.
However, even the GDP report had a consumer expenditure related silver lining. Household consumption increased on an annualized basis of 4.4%, higher than the rate of 4.2% that was earlier estimated. This is the fastest pace of expansion the metric has experienced since the last quarter of 2014. Consumer expenditure contributed 2.94 percentage points to GDP growth, the highest in more than a year.
Our Choices
Surging consumer confidence is another indicator that the economy is poised to grow stronger in the second half of the year. Low fuel prices and a stronger labor market are also increasing the purchasing power of the economy and in turn fueling economic gains.
This is why it may be a good idea to pick consumer related stocks at this point. However, picking winning stocks may prove to be difficult.
This is where our VGM score comes in. Here V stands for Value, G for Growth and M for Momentum and the score is a weighted combination of these three scores. Such a score allows you to eliminate the negative aspects of stocks and select winners. However, it is important to keep in mind that each Style Score will carry a different weight while arriving at a VGM score.
We have narrowed down our search to the following stocks based on a good Zacks Rank and VGM score.
Deckers Outdoor Corp.DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities.
Deckers Outdoor has a Zacks Rank #1 (Strong Buy) and a VGM Score of A. The forward price-to-earnings (P/E) ratio for the current financial year (F1) is 15.11, lower than the industry average of 17.51. Its earnings estimate for the current year has improved by 0.5% over the last 30 days.
American Woodmark Corp.AMWD is involved in producing and selling of kitchen cabinets and vanities in the U.S.
American Woodmark has a Zacks Rank #1 and a VGM Score of B. The company has expected earnings growth of 21.6% for the current year. Its earnings estimate for the current year has improved by 11.8% over the last 30 days.
Ralph Lauren CorporationRL is a major designer, marketer and distributor of premium lifestyle products.
Ralph Lauren has a Zacks Rank #2 (Buy) and a VGM Score of A. Its earnings estimate for the current year has improved by 1% over the last 30 days.
Delta Apparel Inc.DLA is a vertical manufacturer of knitwear products for the entire family.
Delta Apparel has a Zacks Rank #2 and a VGM Score of A. The company has expected earnings growth of more than 100% for the current year. Its earnings estimate for the current year has improved by 3.7% over the last 30 days.
Guess', Inc.GES designs, markets, distributes and licenses casual apparel and accessories for men, women and children as per the American lifestyle and European fashion sensibilities.
Guess' has a Zacks Rank #2 and a VGM Score of B. Its earnings estimate for the current year has improved by 9.6% over the last 30 days.
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AMER WOODMARK (AMWD): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
RALPH LAUREN CP (RL): Free Stock Analysis Report
GUESS INC (GES): Free Stock Analysis Report
DELTA APPAREL (DLA): 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.
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 is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Deckers Outdoor has a Zacks Rank #1 (Strong Buy) and a VGM Score of A. Click to get this free report AMER WOODMARK (AMWD): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report RALPH LAUREN CP (RL): Free Stock Analysis Report GUESS INC (GES): Free Stock Analysis Report DELTA APPAREL (DLA): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report AMER WOODMARK (AMWD): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report RALPH LAUREN CP (RL): Free Stock Analysis Report GUESS INC (GES): Free Stock Analysis Report DELTA APPAREL (DLA): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Deckers Outdoor has a Zacks Rank #1 (Strong Buy) and a VGM Score of A.
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Click to get this free report AMER WOODMARK (AMWD): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report RALPH LAUREN CP (RL): Free Stock Analysis Report GUESS INC (GES): Free Stock Analysis Report DELTA APPAREL (DLA): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Deckers Outdoor has a Zacks Rank #1 (Strong Buy) and a VGM Score of A.
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Deckers Outdoor has a Zacks Rank #1 (Strong Buy) and a VGM Score of A. Deckers Outdoor Corp.DECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Click to get this free report AMER WOODMARK (AMWD): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report RALPH LAUREN CP (RL): Free Stock Analysis Report GUESS INC (GES): Free Stock Analysis Report DELTA APPAREL (DLA): Free Stock Analysis Report To read this article on Zacks.com click here.
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724536.0
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2016-08-23 00:00:00 UTC
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Whirlpool (WHR) to Expand on KitchenAid Distribution Center
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DECK
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https://www.nasdaq.com/articles/whirlpool-whr-to-expand-on-kitchenaid-distribution-center-2016-08-23
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nan
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nan
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Whirlpool CorporationWHR , one of the world's leading home appliances manufacturers, is here again with its new expansion initiative. This time, the company is set to double the size of its Greenville, Ohio-based Factory Distribution Center (FDC), which distributes all shipments for its KitchenAid small appliances brand across the globe.
Once the ball is set rolling at this project site, it will expand the size of the distribution center from 327,000 square feet to nearly 650,000 square feet. The company expects to complete the expansion by Mar 2017.
This expansion not only testifies to the worldwide success of the company's KitchenAid brand, but also demonstrates Whirlpool's commitment to enlarge the America-based manufacturing scope as well as boost its operations in the state of Ohio, mainly at Greenville - a global hub for its small appliances.
The company earlier proved its commitment to American manufacturing when it shifted the production of its KitchenAid hand mixers back to the U.S. from China. At that juncture, the company's Greenville plant, known as the KitchenAid Way production facility, took up these operations. Later, this plant went on to build the aforementioned stand-alone distribution center, right across the street, to fulfill its warehousing needs.
In fact, the expansion of the said distribution center comes right after the completion of the $40 million worth, or 218,000 square feet expansion of the Greenville facility in May 2016. With this expansion, the plant doubled in size and ramped up employment opportunities by taking the total workforce strength to about 1,200.
Now, the expansion of the Greenville distribution center will further expand employment opportunities in the state, by increasing the 1,200 jobs to 1,400 in coming years. The Greenville plant produces KitchenAid brand stand mixers and attachments, hand mixers and blenders.
The expansion of the Greenville plant was a part of the company's $80 million Ohio expansion project announced in May 2016. Apart from this plant, the project included plans for a $40 million expansion of its Findlay dishwasher-manufacturing facility located in Findlay.
That said, we believe Whirlpool stands to gain from the expansion projects it is taking up. Particularly, the expansion of the Greenville distribution center will help it cater to the growing demand for KitchenAid small appliance division.
Whirlpool currently carries a Zacks Rank #3 (Hold). The stock closed trade at $183.76 yesterday, inching up only about 0.5%
WHIRLPOOL CORP Price
WHIRLPOOL CORP Price | WHIRLPOOL CORP Quote
Stocks to Consider
Better-ranked stocks in the broader consumer discretionary space include Decker's Outdoor Corp. DECK , Central Garden & Pet Co. CENT and SodaStream International Ltd. SODA , each carrying a Zacks Rank #1 (Strong Buy).
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 >>
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WHIRLPOOL CORP (WHR): Free Stock Analysis Report
CENTRAL GARDEN (CENT): Free Stock Analysis Report
SODASTREAM INTL (SODA): Free Stock Analysis Report
DECKERS OUTDOOR (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.
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 stock closed trade at $183.76 yesterday, inching up only about 0.5% WHIRLPOOL CORP Price WHIRLPOOL CORP Price | WHIRLPOOL CORP Quote Stocks to Consider Better-ranked stocks in the broader consumer discretionary space include Decker's Outdoor Corp. DECK , Central Garden & Pet Co. Click to get this free report WHIRLPOOL CORP (WHR): Free Stock Analysis Report CENTRAL GARDEN (CENT): Free Stock Analysis Report SODASTREAM INTL (SODA): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. This expansion not only testifies to the worldwide success of the company's KitchenAid brand, but also demonstrates Whirlpool's commitment to enlarge the America-based manufacturing scope as well as boost its operations in the state of Ohio, mainly at Greenville - a global hub for its small appliances.
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The stock closed trade at $183.76 yesterday, inching up only about 0.5% WHIRLPOOL CORP Price WHIRLPOOL CORP Price | WHIRLPOOL CORP Quote Stocks to Consider Better-ranked stocks in the broader consumer discretionary space include Decker's Outdoor Corp. DECK , Central Garden & Pet Co. Click to get this free report WHIRLPOOL CORP (WHR): Free Stock Analysis Report CENTRAL GARDEN (CENT): Free Stock Analysis Report SODASTREAM INTL (SODA): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. The Greenville plant produces KitchenAid brand stand mixers and attachments, hand mixers and blenders.
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The stock closed trade at $183.76 yesterday, inching up only about 0.5% WHIRLPOOL CORP Price WHIRLPOOL CORP Price | WHIRLPOOL CORP Quote Stocks to Consider Better-ranked stocks in the broader consumer discretionary space include Decker's Outdoor Corp. DECK , Central Garden & Pet Co. Click to get this free report WHIRLPOOL CORP (WHR): Free Stock Analysis Report CENTRAL GARDEN (CENT): Free Stock Analysis Report SODASTREAM INTL (SODA): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. In fact, the expansion of the said distribution center comes right after the completion of the $40 million worth, or 218,000 square feet expansion of the Greenville facility in May 2016.
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Click to get this free report WHIRLPOOL CORP (WHR): Free Stock Analysis Report CENTRAL GARDEN (CENT): Free Stock Analysis Report SODASTREAM INTL (SODA): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. The stock closed trade at $183.76 yesterday, inching up only about 0.5% WHIRLPOOL CORP Price WHIRLPOOL CORP Price | WHIRLPOOL CORP Quote Stocks to Consider Better-ranked stocks in the broader consumer discretionary space include Decker's Outdoor Corp. DECK , Central Garden & Pet Co. This expansion not only testifies to the worldwide success of the company's KitchenAid brand, but also demonstrates Whirlpool's commitment to enlarge the America-based manufacturing scope as well as boost its operations in the state of Ohio, mainly at Greenville - a global hub for its small appliances.
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724537.0
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2016-08-22 00:00:00 UTC
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Why Skechers (SKX) Isn't Any More in Investors' Good Books
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DECK
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https://www.nasdaq.com/articles/why-skechers-skx-isnt-any-more-in-investors-good-books-2016-08-22
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nan
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nan
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Investors must make prudent and timely decisions to maintain precision in their portfolio. They must blot out non-profitable stocks to safeguard their returns. Presently, Skechers U.S.A., Inc.SKX is one such stock. Not only has the designer, developer, marketer, and distributor of footwear recently been downgraded to a Zacks Rank #5 (Strong Sell), its shares have plunged over 46% in the past one year.
SKECHERS USA-A Price, Consensus and EPS Surprise
SKECHERS USA-A Price, Consensus and EPS Surprise | SKECHERS USA-A Quote
Why the Downgrade?
After beginning the year on a high note, Skechers failed to carry the momentum into the second quarter of fiscal 2016 amid economic upheaval and a tough domestic retail environment. Moreover, the company succumbed to a negative earnings surprise of 5.9% in the quarter, after registering an earnings beat of 18.9% in its fiscal first quarter. Foreign currency headwinds and higher general and administrative expenses hurt the bottom line. Also, the rate of sales growth in the quarter declined from 27.4% witnessed in the prior quarter.
Undoubtedly strategic marketing initiatives, product innovation across multiple categories and growth witnessed across international subsidiary and joint venture businesses as well as international company-owned Skechers retail stores provided cushion to the top line. However, shipments pulled from the second quarter into the first quarter played spoilsport.
Fashion obsolescence also remains the primary concern for Skechers' business model, which requires sustained focus on product and design innovation. Also, the company's pioneering position might be hurt by delays in its product launches.
Additionally, Skechers faces intense competition in the footwear industry from top guns like NIKE, Inc. NKE , The Timberland Company, Kenneth Cole Productions, Adidas, and Puma on several attributes such as style, price, quality, comfort and brand name. Further, an aggressive pricing strategy to stave off competition may strain margins.
Consequently, analysts are bearish, and the estimates for 2016 and 2017 are trending down. Over the past 60 days, the Zacks Consensus Estimate of $1.81 and $2.05 for fiscal 2016 and fiscal 2017 has dropped 27 cents and 44 cents, respectively.
From the above analysis it is quite apparent that Skechers has lost its sheen as an investment opportunity, at least for the near term. So for the time being, you can shift your focus to better-placed retail stocks.
Stocks that Warrant a Look
Some better-ranked stocks in the same industry are Deckers Outdoor Corp. DECK and Francesca's Holdings Corporation FRAN , both carrying a Zacks Rank #2 (Buy).
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 >>
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-B (NKE): Free Stock Analysis Report
SKECHERS USA-A (SKX): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
FRANCESCAS HLDG (FRAN): 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.
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 that Warrant a Look Some better-ranked stocks in the same industry are Deckers Outdoor Corp. DECK and Francesca's Holdings Corporation FRAN , both carrying a Zacks Rank #2 (Buy). Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. Not only has the designer, developer, marketer, and distributor of footwear recently been downgraded to a Zacks Rank #5 (Strong Sell), its shares have plunged over 46% in the past one year.
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks that Warrant a Look Some better-ranked stocks in the same industry are Deckers Outdoor Corp. DECK and Francesca's Holdings Corporation FRAN , both carrying a Zacks Rank #2 (Buy). SKECHERS USA-A Price, Consensus and EPS Surprise SKECHERS USA-A Price, Consensus and EPS Surprise | SKECHERS USA-A Quote Why the Downgrade?
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks that Warrant a Look Some better-ranked stocks in the same industry are Deckers Outdoor Corp. DECK and Francesca's Holdings Corporation FRAN , both carrying a Zacks Rank #2 (Buy). SKECHERS USA-A Price, Consensus and EPS Surprise SKECHERS USA-A Price, Consensus and EPS Surprise | SKECHERS USA-A Quote Why the Downgrade?
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks that Warrant a Look Some better-ranked stocks in the same industry are Deckers Outdoor Corp. DECK and Francesca's Holdings Corporation FRAN , both carrying a Zacks Rank #2 (Buy). Moreover, the company succumbed to a negative earnings surprise of 5.9% in the quarter, after registering an earnings beat of 18.9% in its fiscal first quarter.
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724538.0
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2016-08-22 00:00:00 UTC
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Zacks.com featured highlights: Deckers Outdoor, Chemours, Vishay Intertechnology, Enviva Partners and Universal Forest Products
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DECK
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https://www.nasdaq.com/articles/zacks.com-featured-highlights%3A-deckers-outdoor-chemours-vishay-intertechnology-enviva
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nan
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nan
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For Immediate Release
Chicago, IL - August 22, 2016 - Stocks in this week's article include: Deckers Outdoor Corporation ( DECK ), Chemours Company ( CC ), Vishay Intertechnology, Inc. ( VSH ), Enviva Partners, LP ( EVA ) and Universal Forest Products Inc. ( UFPI ).
Screen of the Week of Zacks Investment Research:
5 Stocks with Upgraded Broker Ratings to Buy Now
Given the relatively positive market sentiments, it may just be the right time to buy some good stocks. Nonetheless, with a large number of stocks witnessing a bullish trend, there is a possibility that you may end up with stocks that are already overpriced and may not appreciate further. Therefore, guide from the pros is crucial now.
The best and easiest way is to follow broker rating upgrades, as brokers have a deeper insight of stocks and the overall sectors.
They scrutinize the company's fundamentals and place them against the current economic environment to determine how the stock will fare as an investment option. Also, they go through the company's publicly available documents, attend conference calls and are in direct communication with management. Moreover, to get more insight into the company's products and services, brokers even communicate with customers.
Following this in-depth research, they decide to rate the company's stock. So, when an analyst upgrades a stock, you can easily count on it.
However, solely depending on broker recommendations is not the correct way to build your investment portfolio. You should also take into account certain other factors to ensure steady returns.
The following screening strategy will help you in finding prospective winners:
The Winning Strategy
Broker Rating Upgrades (4 weeks): The screen selects stocks that have witnessed broker upgrades over the last four weeks.
Current Price greater than or equal to 10: The stocks must be trading at $10 or above.
Average 20-day Volume greater than 100,000: A large trading volume guarantees that the stock is easily tradable.
Zacks Rank equal to #1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven record of success.
VGM Scoreequal to A: Our research shows that stocks with a VGM Score of 'A' or 'B' when combined with a Zacks Rank #1 or 2 (Buy) offer the best upside potential.
Here are five of the 10 stocks that made it through the screen:
Deckers Outdoor Corporation ( 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 boasts a strong surprise history, with a trailing four-quarter beat of 25.2%.
Chemours Company ( CC ) is involved in the chemical business. Over the trailing four quarters, the company delivered an average positive surprise of 144.7%.
Vishay Intertechnology, Inc. ( VSH ) is a leading international manufacturer and supplier of discrete passive electronic components and discrete active electronic components. The company boasts a strong surprise history, with a trailing four-quarter beat of 19.3%.
Enviva Partners, LP ( EVA ) is a master limited partnership which owns and operates wood pellet production plants. Over the trailing four quarters, the company delivered an average positive surprise of 0.2%.
Universal Forest Products Inc. ( UFPI ) engineers, manufactures, treats, distributes and installs lumber, composite wood, plastic and other building products. The company has a strong surprise history, with a trailing four-quarter beat of 12.1%.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software.
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
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Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
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. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
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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.
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 (DECK): Free Stock Analysis Report
CHEMOURS COMPNY (CC): Free Stock Analysis Report
VISHAY INTERTEC (VSH): Free Stock Analysis Report
ENVIVA PARTNERS (EVA): Free Stock Analysis Report
UNIVL FST PRODS (UFPI): 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.
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 - August 22, 2016 - Stocks in this week's article include: Deckers Outdoor Corporation ( DECK ), Chemours Company ( CC ), Vishay Intertechnology, Inc. ( VSH ), Enviva Partners, LP ( EVA ) and Universal Forest Products Inc. ( UFPI ). Here are five of the 10 stocks that made it through the screen: Deckers Outdoor Corporation ( DECK ) is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CHEMOURS COMPNY (CC): Free Stock Analysis Report VISHAY INTERTEC (VSH): Free Stock Analysis Report ENVIVA PARTNERS (EVA): Free Stock Analysis Report UNIVL FST PRODS (UFPI): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - August 22, 2016 - Stocks in this week's article include: Deckers Outdoor Corporation ( DECK ), Chemours Company ( CC ), Vishay Intertechnology, Inc. ( VSH ), Enviva Partners, LP ( EVA ) and Universal Forest Products Inc. ( UFPI ). Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CHEMOURS COMPNY (CC): Free Stock Analysis Report VISHAY INTERTEC (VSH): Free Stock Analysis Report ENVIVA PARTNERS (EVA): Free Stock Analysis Report UNIVL FST PRODS (UFPI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are five of the 10 stocks that made it through the screen: Deckers Outdoor Corporation ( DECK ) 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 (DECK): Free Stock Analysis Report CHEMOURS COMPNY (CC): Free Stock Analysis Report VISHAY INTERTEC (VSH): Free Stock Analysis Report ENVIVA PARTNERS (EVA): Free Stock Analysis Report UNIVL FST PRODS (UFPI): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - August 22, 2016 - Stocks in this week's article include: Deckers Outdoor Corporation ( DECK ), Chemours Company ( CC ), Vishay Intertechnology, Inc. ( VSH ), Enviva Partners, LP ( EVA ) and Universal Forest Products Inc. ( UFPI ). Here are five of the 10 stocks that made it through the screen: Deckers Outdoor Corporation ( DECK ) 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 - August 22, 2016 - Stocks in this week's article include: Deckers Outdoor Corporation ( DECK ), Chemours Company ( CC ), Vishay Intertechnology, Inc. ( VSH ), Enviva Partners, LP ( EVA ) and Universal Forest Products Inc. ( UFPI ). Here are five of the 10 stocks that made it through the screen: Deckers Outdoor Corporation ( DECK ) is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CHEMOURS COMPNY (CC): Free Stock Analysis Report VISHAY INTERTEC (VSH): Free Stock Analysis Report ENVIVA PARTNERS (EVA): Free Stock Analysis Report UNIVL FST PRODS (UFPI): Free Stock Analysis Report To read this article on Zacks.com click here.
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c1470164-7b65-4ef1-a605-10742556496c
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724539.0
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2016-08-22 00:00:00 UTC
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The Zacks Analyst Blog Highlights: Tyson, AngloGold Ashanti, Central Garden & Pet, Deckers Outdoor and Healthways
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DECK
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-tyson-anglogold-ashanti-central-garden-pet-deckers
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nan
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nan
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For Immediate Release
Chicago, IL - August 22, 2016 - 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 Tyson ( TSN ), AngloGold Ashanti Ltd. ( AU ), Central Garden & Pet Company ( CENT ), Deckers Outdoor Corp. ( DECK ) and Healthways Inc. ( HWAY ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .
Here are highlights from Friday's Analyst Blog:
5 Absolute Best Stocks Ruling the Market
The tumultuous ride in the market has left investors edgy about picking the right stocks for their portfolio. Global economic headwinds like the Brexit episode, soft Euro zone growth, fluctuating commodity prices, plunging oil prices and adverse foreign currencies are far from easing.
This is mirrored by the single-digit growth in the two important market indices. So far this year, the Dow Jones Industrial Average (DJI) and the Standard & Poor's 500 (S&P 500) have advanced by 6.73% and 7.00%, respectively.
True, the above headwinds have left a major impact on the financial markets around the world, and the U.S. is no exception.
That said, a recovering U.S. economy, stability in the job market, housing recovery and rising wages are providing some respite. Gross domestic product or GDP grew at a seasonally adjusted annual rate of 1.2% in the second quarter. Though the economy has grown at less than a 2% rate for three straight quarters, the gain marks an increase from the first quarter, when GDP advanced at a downwardly revised 0.8% pace.
Keeping in mind the positive momentum, we believe it is a good time for investors to take positions in the right stocks before a rate hike by the Fed and the presidential elections this year. Investors should keep in mind that despite the recent encouraging jobs data, the path of interest rates is remains shrouded as not all U.S. economic indicators have been positive.
Zacks Style Score
Here, we have used our latest style score system to zero in on five stocks with healthy prospects. The VGM Style Score is a useful tool that allows investors to gain an insight into a stock's strengths and weaknesses.
Here "V" stands for Value, "G" for Growth and "M" for Momentum and the score is a weighted combination of these three metrics. The Growth Style Score concentrates the vital metrics from the company's financial statements to get a true picture of the quality and sustainability of its growth. Our Momentum Style Score is a suggestion of the time to buy a stock to benefit from rally in share prices.
Our research shows that stocks with VGM Scores of 'A' or 'B' when combined with a Zacks Rank #1 or Zacks Rank 2 (Buy) make solid investment choices.
Winning Picks
All the stocks selected herein flaunt a Zacks Rank #1 and have a VGM Score of 'A.' A Zacks Rank indicating "Strong Buy" translates into an upward trend in the stock's earnings estimates.
Tyson ( TSN ) is the world's largest fully-integrated producer, processor and marketer of chicken and poultry-based food products The company is part of an industry that has a Zacks Industry Rank of 23 out of 265 (Top 9%).
Tyson has a market cap of $27.33 billion and an expected EPS growth of 11%.
The stock sports Zacks Style Scores of "B" in Value and "A" in Growth and "D" in Momentum. It has a VGM score of "A" that is fueled by impressive growth and rising estimates.
AngloGold Ashanti Ltd. ( AU ) is based in South Africa and is involved in gold exploration and mining activities. The company is part of an industry that's ranked 21 out of 265 (Top 8%) as per the Zacks Industry Rank.
AngloGold has a market cap of $7.93 billion and an expected EPS growth of 27.65%.
The stock sports Zacks Style Scores of "B" in Value and "B" in Growth and "A" in Momentum. It has a VGM score of "A" that is backed by solid growth and rising estimates.
Walnut Creek, CA-based Central Garden & Pet Company ( CENT ) is a leading producer and marketer of premium and value-oriented products focused on the lawn & garden and pet supplies markets in the U.S. The company is in an industry that's ranked 33 out of 265 (Top 12%) in the Zacks Industry Rank.
Central Garden has a market cap of $1.32 billion and an expected EPS growth of 10.00%. The stock sports Zacks Style Scores of "B" in Value and "A" in Growth and "B" in Momentum. It has a VGM score of "A" that is backed by its solid growth and rising estimates.
Deckers Outdoor Corp. ( 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 stock boasts a Zacks Rank #1 and VGM Score of "A". Deckers Outdoor has a market cap of $2.17 billion and has a long term expected EPS growth of 10.84%.
The stock sports Zacks Style Scores of "A" in Value and "A" in Growth and "D" in Momentum. It has a VGM score of "A" that is backed by its solid growth and northward movement in estimates.
Healthways Inc. ( HWAY ) is a leading provider of specialized, comprehensive Health and Care Support programs and services with the Zacks Industry Rank in the top 29%.
Healthways has a long-term expected EPS growth of 13.33%.
The stock sports Zacks Style Scores of "C" in Value and "A" in Growth and "A" in Momentum. It has a VGM score of "A" that is backed by its solid growth trajectory and escalating estimates.
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 >>
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
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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.
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
TYSON FOODS A (TSN): Free Stock Analysis Report
ANGLOGOLD LTD (AU): Free Stock Analysis Report
CENTRAL GARDEN (CENT): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
HEALTHWAYS INC (HWAY): 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.
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 Tyson ( TSN ), AngloGold Ashanti Ltd. ( AU ), Central Garden & Pet Company ( CENT ), Deckers Outdoor Corp. ( DECK ) and Healthways Inc. ( HWAY ). Deckers Outdoor Corp. ( DECK ) is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Deckers Outdoor has a market cap of $2.17 billion and has a long term expected EPS growth of 10.84%.
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Stocks recently featured in the blog include Tyson ( TSN ), AngloGold Ashanti Ltd. ( AU ), Central Garden & Pet Company ( CENT ), Deckers Outdoor Corp. ( DECK ) and Healthways Inc. ( HWAY ). Click to get this free report TYSON FOODS A (TSN): Free Stock Analysis Report ANGLOGOLD LTD (AU): Free Stock Analysis Report CENTRAL GARDEN (CENT): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report HEALTHWAYS INC (HWAY): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp. ( DECK ) 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 TYSON FOODS A (TSN): Free Stock Analysis Report ANGLOGOLD LTD (AU): Free Stock Analysis Report CENTRAL GARDEN (CENT): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report HEALTHWAYS INC (HWAY): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include Tyson ( TSN ), AngloGold Ashanti Ltd. ( AU ), Central Garden & Pet Company ( CENT ), Deckers Outdoor Corp. ( DECK ) and Healthways Inc. ( HWAY ). Deckers Outdoor Corp. ( DECK ) 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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Want the latest recommendations from Zacks Investment Research? Stocks recently featured in the blog include Tyson ( TSN ), AngloGold Ashanti Ltd. ( AU ), Central Garden & Pet Company ( CENT ), Deckers Outdoor Corp. ( DECK ) and Healthways Inc. ( HWAY ). Deckers Outdoor Corp. ( DECK ) 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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c2011e5a-838e-4e4a-991b-aa3ed5eb9423
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724540.0
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2016-08-19 00:00:00 UTC
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5 Absolute Best Stocks Ruling the Market
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DECK
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https://www.nasdaq.com/articles/5-absolute-best-stocks-ruling-the-market-2016-08-19
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nan
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nan
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The tumultuous ride in the market has left investors edgy about picking the right stocks for their portfolio. Global economic headwinds like the Brexit episode, soft Euro zone growth, fluctuating commodity prices, plunging oil prices and adverse foreign currencies are far from easing.
This is mirrored by the single-digit growth in the two important market indices. So far this year, the Dow Jones Industrial Average (DJI) and the Standard & Poor's 500 (S&P 500) have advanced by 6.73% and 7.00%, respectively.
True, the above headwinds have left a major impact on the financial markets around the world, and the U.S. is no exception.
That said, a recovering U.S. economy, stability in the job market, housing recovery and rising wages are providing some respite. Gross domestic product or GDP grew at a seasonally adjusted annual rate of 1.2% in the second quarter. Though the economy has grown at less than a 2% rate for three straight quarters, the gain marks an increase from the first quarter, when GDP advanced at a downwardly revised 0.8% pace.
Keeping in mind the positive momentum, we believe it is a good time for investors to take positions in the right stocks before a rate hike by the Fed and the presidential elections this year. Investors should keep in mind that despite the recent encouraging jobs data, the path of interest rates is remains shrouded as not all U.S. economic indicators have been positive.
Zacks Style Score
Here, we have used our latest style score system to zero in on five stocks with healthy prospects. The VGM Style Score is a useful tool that allows investors to gain an insight into a stock's strengths and weaknesses.
Here "V" stands for Value, "G" for Growth and "M" for Momentum and the score is a weighted combination of these three metrics. The Growth Style Score concentrates the vital metrics from the company's financial statements to get a true picture of the quality and sustainability of its growth. Our Momentum Style Score is a suggestion of the time to buy a stock to benefit from rally in share prices.
Our research shows that stocks with VGM Scores of 'A' or 'B' when combined with a Zacks Rank #1 or Zacks Rank 2 (Buy) make solid investment choices.
Winning Picks
All the stocks selected herein flaunt a Zacks Rank #1 and have a VGM Score of 'A.' A Zacks Rank indicating "Strong Buy" translates into an upward trend in the stock's earnings estimates.
TysonTSN is the world's largest fully-integrated producer, processor and marketer of chicken and poultry-based food products The company is part of an industry that has a Zacks Industry Rank of 23 out of 265 (Top 9%).
Tyson has a market cap of $27.33 billion and an expected EPS growth of 11%.
The stock sports Zacks Style Scores of "B" in Value and "A" in Growth and "D" in Momentum. It has a VGM score of "A" that is fueled by impressive growth and rising estimates.
AngloGold Ashanti Ltd.AU is based in South Africa and is involved in gold exploration and mining activities. The company is part of an industry that's ranked 21 out of 265 (Top 8%) as per the Zacks Industry Rank.
AngloGold has a market cap of $7.93 billion and an expected EPS growth of 27.65%.
The stock sports Zacks Style Scores of "B" in Value and "B" in Growth and "A" in Momentum. It has a VGM score of "A" that is backed by solid growth and rising estimates.
Walnut Creek, CA-based Central Garden & Pet CompanyCENT is a leading producer and marketer of premium and value-oriented products focused on the lawn & garden and pet supplies markets in the U.S. The company is in an industry that's ranked 33 out of 265 (Top 12%) in the Zacks Industry Rank.
Central Garden has a market cap of $1.32 billion and an expected EPS growth of 10.00%. The stock sports Zacks Style Scores of "B" in Value and "A" in Growth and "B" in Momentum. It has a VGM score of "A" that is backed by its solid growth and rising estimates.
Deckers Outdoor Corp.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 stock boasts a Zacks Rank #1 and VGM Score of "A". Deckers Outdoor has a market cap of $2.17 billion and has a long term expected EPS growth of 10.84%.
The stock sports Zacks Style Scores of "A" in Value and "A" in Growth and "D" in Momentum. It has a VGM score of "A" that is backed by its solid growth and northward movement in estimates.
Healthways Inc.HWAY is a leading provider of specialized, comprehensive Health and Care Support programs and services with the Zacks Industry Rank in the top 29%.
Healthways has a long-term expected EPS growth of 13.33%.
The stock sports Zacks Style Scores of "C" in Value and "A" in Growth and "A" in Momentum. It has a VGM score of "A" that is backed by its solid growth trajectory and escalating estimates.
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 >>
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
TYSON FOODS A (TSN): Free Stock Analysis Report
ANGLOGOLD LTD (AU): Free Stock Analysis Report
CENTRAL GARDEN (CENT): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
HEALTHWAYS INC (HWAY): 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.
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 is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Deckers Outdoor has a market cap of $2.17 billion and has a long term expected EPS growth of 10.84%. Click to get this free report TYSON FOODS A (TSN): Free Stock Analysis Report ANGLOGOLD LTD (AU): Free Stock Analysis Report CENTRAL GARDEN (CENT): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report HEALTHWAYS INC (HWAY): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report TYSON FOODS A (TSN): Free Stock Analysis Report ANGLOGOLD LTD (AU): Free Stock Analysis Report CENTRAL GARDEN (CENT): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report HEALTHWAYS INC (HWAY): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Deckers Outdoor has a market cap of $2.17 billion and has a long term expected EPS growth of 10.84%.
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Click to get this free report TYSON FOODS A (TSN): Free Stock Analysis Report ANGLOGOLD LTD (AU): Free Stock Analysis Report CENTRAL GARDEN (CENT): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report HEALTHWAYS INC (HWAY): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Deckers Outdoor has a market cap of $2.17 billion and has a long term expected EPS growth of 10.84%.
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Deckers Outdoor Corp.DECK is a leading designer, producer and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Deckers Outdoor has a market cap of $2.17 billion and has a long term expected EPS growth of 10.84%. Click to get this free report TYSON FOODS A (TSN): Free Stock Analysis Report ANGLOGOLD LTD (AU): Free Stock Analysis Report CENTRAL GARDEN (CENT): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report HEALTHWAYS INC (HWAY): Free Stock Analysis Report To read this article on Zacks.com click here.
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b206ff3d-facc-4e4b-a805-2e54534cebc4
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724541.0
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2016-08-19 00:00:00 UTC
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5 Stocks with Upgraded Broker Ratings to Buy Now
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DECK
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https://www.nasdaq.com/articles/5-stocks-with-upgraded-broker-ratings-to-buy-now-2016-08-19
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nan
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nan
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Given the relatively positive market sentiments, it may just be the right time to buy some good stocks. Nonetheless, with a large number of stocks witnessing a bullish trend, there is a possibility that you may end up with stocks that are already overpriced and may not appreciate further. Therefore, guide from the pros is crucial now.
The best and easiest way is to follow broker rating upgrades, as brokers have a deeper insight of stocks and the overall sectors.
They scrutinize the company's fundamentals and place them against the current economic environment to determine how the stock will fare as an investment option. Also, they go through the company's publicly available documents, attend conference calls and are in direct communication with management. Moreover, to get more insight into the company's products and services, brokers even communicate with customers.
Following this in-depth research, they decide to rate the company's stock. So, when an analyst upgrades a stock, you can easily count on it.
However, solely depending on broker recommendations is not the correct way to build your investment portfolio. You should also take into account certain other factors to ensure steady returns.
The following screening strategy will help you in finding prospective winners:
The Winning Strategy
Broker Rating Upgrades (4 weeks): The screen selects stocks that have witnessed broker upgrades over the last four weeks.
Current Price greater than or equal to 10: The stocks must be trading at $10 or above.
Average 20-day Volume greater than 100,000: A large trading volume guarantees that the stock is easily tradable.
Zacks Rank equal to #1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven record of success.
VGM Scoreequal to A: Our research shows that stocks with a VGM Score of 'A' or 'B' when combined with a Zacks Rank #1 or 2 (Buy) offer the best upside potential.
Here are five of the 10 stocks that made it through the screen:
Deckers Outdoor CorporationDECK 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 boasts a strong surprise history, with a trailing four-quarter beat of 25.2%.
Chemours CompanyCC is involved in the chemical business. Over the trailing four quarters, the company delivered an average positive surprise of 144.7%.
Vishay Intertechnology, Inc.VSH is a leading international manufacturer and supplier of discrete passive electronic components and discrete active electronic components. The company boasts a strong surprise history, with a trailing four-quarter beat of 19.3%.
Enviva Partners, LPEVA is a master limited partnership which owns and operates wood pellet production plants. Over the trailing four quarters, the company delivered an average positive surprise of 0.2%.
Universal Forest Products Inc.UFPI engineers, manufactures, treats, distributes and installs lumber, composite wood, plastic and other building products. The company has a strong surprise history, with a trailing four-quarter beat of 12.1%.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software.
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
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it 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
UNIVL FST PRODS (UFPI): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
VISHAY INTERTEC (VSH): Free Stock Analysis Report
CHEMOURS COMPNY (CC): Free Stock Analysis Report
ENVIVA PARTNERS (EVA): 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.
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 five of the 10 stocks that made it through the screen: Deckers Outdoor CorporationDECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Click to get this free report UNIVL FST PRODS (UFPI): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report VISHAY INTERTEC (VSH): Free Stock Analysis Report CHEMOURS COMPNY (CC): Free Stock Analysis Report ENVIVA PARTNERS (EVA): Free Stock Analysis Report To read this article on Zacks.com click here. They scrutinize the company's fundamentals and place them against the current economic environment to determine how the stock will fare as an investment option.
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Click to get this free report UNIVL FST PRODS (UFPI): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report VISHAY INTERTEC (VSH): Free Stock Analysis Report CHEMOURS COMPNY (CC): Free Stock Analysis Report ENVIVA PARTNERS (EVA): Free Stock Analysis Report To read this article on Zacks.com click here. Here are five of the 10 stocks that made it through the screen: Deckers Outdoor CorporationDECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. The following screening strategy will help you in finding prospective winners: The Winning Strategy Broker Rating Upgrades (4 weeks): The screen selects stocks that have witnessed broker upgrades over the last four weeks.
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Click to get this free report UNIVL FST PRODS (UFPI): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report VISHAY INTERTEC (VSH): Free Stock Analysis Report CHEMOURS COMPNY (CC): Free Stock Analysis Report ENVIVA PARTNERS (EVA): Free Stock Analysis Report To read this article on Zacks.com click here. Here are five of the 10 stocks that made it through the screen: Deckers Outdoor CorporationDECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. The following screening strategy will help you in finding prospective winners: The Winning Strategy Broker Rating Upgrades (4 weeks): The screen selects stocks that have witnessed broker upgrades over the last four weeks.
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Here are five of the 10 stocks that made it through the screen: Deckers Outdoor CorporationDECK is a leading designer, producer, and brand manager of innovative, niche footwear and accessories developed for outdoor sports, and other lifestyle-related activities. Click to get this free report UNIVL FST PRODS (UFPI): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report VISHAY INTERTEC (VSH): Free Stock Analysis Report CHEMOURS COMPNY (CC): Free Stock Analysis Report ENVIVA PARTNERS (EVA): Free Stock Analysis Report To read this article on Zacks.com click here. The best and easiest way is to follow broker rating upgrades, as brokers have a deeper insight of stocks and the overall sectors.
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97e8040b-12d6-4b13-b618-93598a5c6eb3
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724542.0
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2016-08-17 00:00:00 UTC
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Deckers Outdoor: 3 Reasons Why DECK Is a Top Choice for Value Investors
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor%3A-3-reasons-why-deck-is-a-top-choice-for-value-investors-2016-08-17
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nan
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nan
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Many investors like to look for value in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. Fortunately, with our new style score system we have identified the key statistics to pay close attention to and thus which stocks might be the best for value investors in the near term.
This method discovered several great candidates for value-oriented investors, but today let's focus on Deckers Outdoor Corp.DECK as this stock is looking especially impressive right now. And while there are numerous reasons why this is the case, we have highlighted three of the most vital reasons for DECK's status as a solid value stock below:
Forward PE for Deckers Outdoor
Easily one of the most popular readings for value investors, the forward PE ratio shows us the current price of a stock divided by the full year earnings. Generally speaking, value investors like to see this ratio below 20, though it can vary by industry.
Right now, DECK has a forward PE of just 15.91, which means that investors are paying $15.91 cents for each dollar in expected Deckers Outdoorearnings this year. Compared to the industry at large this is pretty favorable as the overall space has an average PE of 16.35 in comparison.
DECKERS OUTDOOR PE Ratio (TTM)
DECKERS OUTDOOR PE Ratio (TTM) | DECKERS OUTDOOR Quote
Price/Cash Flow for Deckers Outdoor Stock
An often overlooked ratio that can still be a great indicator of value is the price/cash flow metric. This reading is preferred by some since it avoids amortization and depreciation concerns and can give a more accurate picture of the financial health in a business.
The P/CF ratio for DECK comes in at 5.73, and since investors are generally looking for a reading under 20 here, this is pretty good news. Meanwhile, we should also point out that the industry average for this metric is 9.05, so Company Name has its peers beat in this regard too.
DECK Earnings Estimate Revisions Moving in the Right Direction
The solid value ratios outlined in the preceding paragraphs might be enough for some investors, but we should also note that the earnings estimate revisions have been trending in a positive direction as well. Analysts who follow DECK stock have been raising their estimates for the company lately, meaning that the EPS picture is looking a bit more favorably for Deckers Outdoor now.
Over the past 30days, 4 earnings estimates have gone higher compared to none lower for the full year, while we are also seeing that 5 estimate has move upwards with no downward revision for the next year time frame too. These revisions have helped to boost the consensus estimate as 30 days ago DECK was expected to post earnings of $4.16 per share for the full year though today it looks to have EPS of $4.31 for the full year.
Bottom Line
For the reasons detailed above, investors shouldn't be surprised to read that we have DECK as a stock with a Value Score of 'A' and a Zacks Rank #1 (Strong Buy). So if you are a value investor, definitely keep DECK on your short list as this looks to be a stock that is very well-positioned for gains in the near term.
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 >>
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report
To read this article on Zacks.com 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.
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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Analysts who follow DECK stock have been raising their estimates for the company lately, meaning that the EPS picture is looking a bit more favorably for Deckers Outdoor now. Bottom Line For the reasons detailed above, investors shouldn't be surprised to read that we have DECK as a stock with a Value Score of 'A' and a Zacks Rank #1 (Strong Buy). This method discovered several great candidates for value-oriented investors, but today let's focus on Deckers Outdoor Corp.DECK as this stock is looking especially impressive right now.
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DECKERS OUTDOOR PE Ratio (TTM) DECKERS OUTDOOR PE Ratio (TTM) | DECKERS OUTDOOR Quote Price/Cash Flow for Deckers Outdoor Stock An often overlooked ratio that can still be a great indicator of value is the price/cash flow metric. DECK Earnings Estimate Revisions Moving in the Right Direction The solid value ratios outlined in the preceding paragraphs might be enough for some investors, but we should also note that the earnings estimate revisions have been trending in a positive direction as well. Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here.
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And while there are numerous reasons why this is the case, we have highlighted three of the most vital reasons for DECK's status as a solid value stock below: Forward PE for Deckers Outdoor Easily one of the most popular readings for value investors, the forward PE ratio shows us the current price of a stock divided by the full year earnings. DECKERS OUTDOOR PE Ratio (TTM) DECKERS OUTDOOR PE Ratio (TTM) | DECKERS OUTDOOR Quote Price/Cash Flow for Deckers Outdoor Stock An often overlooked ratio that can still be a great indicator of value is the price/cash flow metric. Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here.
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And while there are numerous reasons why this is the case, we have highlighted three of the most vital reasons for DECK's status as a solid value stock below: Forward PE for Deckers Outdoor Easily one of the most popular readings for value investors, the forward PE ratio shows us the current price of a stock divided by the full year earnings. DECKERS OUTDOOR PE Ratio (TTM) DECKERS OUTDOOR PE Ratio (TTM) | DECKERS OUTDOOR Quote Price/Cash Flow for Deckers Outdoor Stock An often overlooked ratio that can still be a great indicator of value is the price/cash flow metric. These revisions have helped to boost the consensus estimate as 30 days ago DECK was expected to post earnings of $4.16 per share for the full year though today it looks to have EPS of $4.31 for the full year.
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98155553-d749-4e3c-b0cb-de0492e5284b
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724543.0
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2016-08-12 00:00:00 UTC
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New Strong Buy Stocks for August 12th
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DECK
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https://www.nasdaq.com/articles/new-strong-buy-stocks-august-12th-2016-08-12
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nan
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nan
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Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:
• Astec Industries, Inc. (ASTE) designs, engineers, manufactures, and markets equipment and components primarily for the road building, aggregate processing, geothermal, water, oil and gas, and wood processing industries in the United States and internationally. The Zacks Consensus Estimate for its current year earnings has soared by 5.9% over the last 30 days.
ASTEC INDS INC Price and Consensus
ASTEC INDS INC Price and Consensus | ASTEC INDS INC Quote
• Berry Plastics Group, Inc . (BERY) manufactures and distributes plastic consumer packaging and engineered materials in the United States, Canada, Mexico, Belgium, France, Australia, Germany, Brazil, Malaysia, India, China, and the Netherlands. The Zacks Consensus Estimate for its current year earnings has surged by 4.5% over the last 30 days.
BERRY PLASTICS Price and Consensus
BERRY PLASTICS Price and Consensus | BERRY PLASTICS Quote
• CryoLife Inc. (CRY) manufactures and distributes medical devices worldwide. It also processes and distributes implantable human tissues for use in cardiac and vascular surgeries. It has seen the Zacks Consensus Estimate for its current year earnings increase 3.5% over the last 30 days.
CRYOLIFE INC Price and Consensus
CRYOLIFE INC Price and Consensus | CRYOLIFE INC Quote
• Deckers Outdoor Corp . (DECK) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities. The Zacks Consensus Estimate revision for its current year earnings was a positive 3.5% over the last 30 days.
DECKERS OUTDOOR Price and Consensus
DECKERS OUTDOOR Price and Consensus | DECKERS OUTDOOR Quote
• DTS Inc. (DTSI) provides audio solutions that are incorporated into various consumer electronics devices in the United States, Japan, South Korea, China, and internationally. The Zacks Consensus Estimate for its current year earnings has advanced by 5.4% over the last 30 days.
DTS INC Price and Consensus
DTS INC Price and Consensus | DTS INC Quote
Want to see all of today's Zacks Strong Buys?
Today's 5 additions are just the appetizer. You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 stocks free of charge. There is no better place to start your own stock search. Plus you can also access the full list of must-avoid Zacks Strong Sells and other private research. See the stocks 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
DTS INC (DTSI): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
CRYOLIFE INC (CRY): Free Stock Analysis Report
BERRY PLASTICS (BERY): Free Stock Analysis Report
ASTEC INDS INC (ASTE): 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.
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) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities. CRYOLIFE INC Price and Consensus CRYOLIFE INC Price and Consensus | CRYOLIFE INC Quote • Deckers Outdoor Corp . DECKERS OUTDOOR Price and Consensus DECKERS OUTDOOR Price and Consensus | DECKERS OUTDOOR Quote • DTS Inc. (DTSI) provides audio solutions that are incorporated into various consumer electronics devices in the United States, Japan, South Korea, China, and internationally.
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DECKERS OUTDOOR Price and Consensus DECKERS OUTDOOR Price and Consensus | DECKERS OUTDOOR Quote • DTS Inc. (DTSI) provides audio solutions that are incorporated into various consumer electronics devices in the United States, Japan, South Korea, China, and internationally. Click to get this free report DTS INC (DTSI): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CRYOLIFE INC (CRY): Free Stock Analysis Report BERRY PLASTICS (BERY): Free Stock Analysis Report ASTEC INDS INC (ASTE): Free Stock Analysis Report To read this article on Zacks.com click here. CRYOLIFE INC Price and Consensus CRYOLIFE INC Price and Consensus | CRYOLIFE INC Quote • Deckers Outdoor Corp .
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Click to get this free report DTS INC (DTSI): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CRYOLIFE INC (CRY): Free Stock Analysis Report BERRY PLASTICS (BERY): Free Stock Analysis Report ASTEC INDS INC (ASTE): Free Stock Analysis Report To read this article on Zacks.com click here. CRYOLIFE INC Price and Consensus CRYOLIFE INC Price and Consensus | CRYOLIFE INC Quote • Deckers Outdoor Corp . (DECK) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities.
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CRYOLIFE INC Price and Consensus CRYOLIFE INC Price and Consensus | CRYOLIFE INC Quote • Deckers Outdoor Corp . (DECK) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities. DECKERS OUTDOOR Price and Consensus DECKERS OUTDOOR Price and Consensus | DECKERS OUTDOOR Quote • DTS Inc. (DTSI) provides audio solutions that are incorporated into various consumer electronics devices in the United States, Japan, South Korea, China, and internationally.
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c9a7baa8-e7fd-4579-b0bd-11008087051b
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724544.0
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2016-08-09 00:00:00 UTC
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Scripps Networks (SNI) Down Despite Earnings Beat in Q2
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DECK
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https://www.nasdaq.com/articles/scripps-networks-sni-down-despite-earnings-beat-in-q2-2016-08-09
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nan
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nan
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Scripps Networks Interactive Inc.SNI reported mixed results in the second quarter of 2016, with earnings beating estimates and revenues missing the mark. The company's earnings (excluding special items) of $1.58 per share beat the Zacks Consensus Estimate of $1.48. The bottom line also expanded 7.5% on a year-over-year basis.
On the other hand, the company's second-quarter 2016 operating revenues of $892.8 million missed the Zacks Consensus Estimate of $904 million. However, the top line grew 21.9% on a year-over-year basis. The revenue miss seems to have irked investors, resulting in a drop in share price during early trading.
Second-quarter consolidated segment profits (on an adjusted basis) totaled $419.3 million, up 13.9%. Quarterly operating income (on a reported basis) was up 12.3% year over year to $373 million. At the end of the reported quarter, the company has $449.8 million of cash from operations compared with $322.7 million at the end of the first quarter of 2016. Free cash flow at the end of the first half of 2016 was almost $299.9 million compared with $231.5 million at the end of the first six months of 2015.
At the end of the quarter under review, Scripps Networks had $185.9 million in cash & cash equivalents and $2,877.5 million of outstanding debt (less current portion) on its balance sheet compared with $223.4 million and $3,511.1 million, respectively, at the end of 2015. The debt-to-capitalization ratio stood at 0.57 versus 0.66 at the end of 2015. The company reiterated its previously issued outlooks for all the metrics.
Segmental Performance
U.S. Networks
Quarterly revenues came in at $752.3 million, up 5.2% year over year. Within this segment, Advertisement revenues climbed 8.9% year over year to $541 million. Segmental advertising revenues exceeded the $500 million level for the first time, reflecting the strength of the advertising market for the company's lifestyle offerings. Distribution revenues were $196.1 million, down 3.6% year over year due to erosion in subscribers' base.
Other revenues increased 3.3% year over year to $15.3 million. Segmental (adjusted) profits came in at $404.9 million, up 1.1% year over year.
Brand-wise, HGTV, Food Network, Travel Channel, Cooking Channel, Great American Country, Digital Business and Other revenues improved 4%, 5.6%, 5.1, 4.9%, 1.5%, 19.2% and 7.8% year over year, respectively. However, DIY Network revenues dropped 2.1% year over year.
International Networks
Quarterly total revenue of $147 million reflected a substantial increase from the year-ago figure of $22.1 million. The upside was driven by the inclusion of TVN results. Segmental adjusted profits totaled $37.4 million as against a loss of $10.1 million a year ago.
SCRIPPS NETWRKS Price, Consensus and EPS Surprise
SCRIPPS NETWRKS Price, Consensus and EPS Surprise | SCRIPPS NETWRKS Quote
Zacks Rank & Stocks to Consider
Currently, Scripps Networks has a Zacks Rank #3 (Hold). Better-ranked stocks in the broader Consumer Discretionary sector include Discovery Communications DISCA , Deckers Outdoor Corp. DECK and Diamond Resorts International DRII . All three stocks carry a Zacks Rank #2 (Buy).
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 >>
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SCRIPPS NETWRKS (SNI): Free Stock Analysis Report
DIAMOND RESORTS (DRII): Free Stock Analysis Report
DISCOVERY COM-A (DISCA): Free Stock Analysis Report
DECKERS OUTDOOR (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.
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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Better-ranked stocks in the broader Consumer Discretionary sector include Discovery Communications DISCA , Deckers Outdoor Corp. DECK and Diamond Resorts International DRII . Click to get this free report SCRIPPS NETWRKS (SNI): Free Stock Analysis Report DIAMOND RESORTS (DRII): Free Stock Analysis Report DISCOVERY COM-A (DISCA): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Scripps Networks Interactive Inc.SNI reported mixed results in the second quarter of 2016, with earnings beating estimates and revenues missing the mark.
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Click to get this free report SCRIPPS NETWRKS (SNI): Free Stock Analysis Report DIAMOND RESORTS (DRII): Free Stock Analysis Report DISCOVERY COM-A (DISCA): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks in the broader Consumer Discretionary sector include Discovery Communications DISCA , Deckers Outdoor Corp. DECK and Diamond Resorts International DRII . On the other hand, the company's second-quarter 2016 operating revenues of $892.8 million missed the Zacks Consensus Estimate of $904 million.
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Click to get this free report SCRIPPS NETWRKS (SNI): Free Stock Analysis Report DIAMOND RESORTS (DRII): Free Stock Analysis Report DISCOVERY COM-A (DISCA): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Better-ranked stocks in the broader Consumer Discretionary sector include Discovery Communications DISCA , Deckers Outdoor Corp. DECK and Diamond Resorts International DRII . At the end of the reported quarter, the company has $449.8 million of cash from operations compared with $322.7 million at the end of the first quarter of 2016.
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Better-ranked stocks in the broader Consumer Discretionary sector include Discovery Communications DISCA , Deckers Outdoor Corp. DECK and Diamond Resorts International DRII . Click to get this free report SCRIPPS NETWRKS (SNI): Free Stock Analysis Report DIAMOND RESORTS (DRII): Free Stock Analysis Report DISCOVERY COM-A (DISCA): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Quarterly operating income (on a reported basis) was up 12.3% year over year to $373 million.
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518990ad-fc15-4e68-b922-c77bbc57eb69
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724545.0
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2016-08-05 00:00:00 UTC
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Iconix (ICON) Q2 Earnings Beat, Sales In Line, Stock Falls
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DECK
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https://www.nasdaq.com/articles/iconix-icon-q2-earnings-beat-sales-in-line-stock-falls-2016-08-05
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nan
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nan
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Shares of Iconix Brand Group, Inc.ICON fell 3.94% on Aug 4 after this clothing brand licensing company reported second-quarter 2016 results. Earnings beat the Zacks Consensus Estimate, while revenues came in line with the same. The company reiterated its sales and earnings guidance for 2016.
Quarter in Detail
Iconix reported second-quarter adjusted earnings of 27 cents per share, which beat the Zacks Consensus Estimate of 23 cents by 17.4%. Earnings declined approximately 37% from the year-ago level, mainly due to a decline in licensing revenues.
Total licensing revenues of $95.7 million were almost in line with the Zacks Consensus Estimate, but declined 2% year over year. The second quarter of 2016 benefitted from a $0.9 million favorable impact from foreign currency exchange rates, primarily related to the yen. Excluding Badgley Mischka licensing revenues and currency impact, revenues for the second quarter were down approximately 1%.
Except the Entertainment category, Womens and Mens declined on a year-over-year basis. The Entertainment segment was up 15% in the second quarter, driven by the strength in the Peanuts brand, where the movie continued to be a success. The Home category remained flat in the quarter.
Operating income declined 8% to $47.8 million in the quarter. Operating margin declined 30 basis points to 50%.
ICONIX BRAND GP Price and Consensus
ICONIX BRAND GP Price and Consensus | ICONIX BRAND GP Quote
Guidance for 2016 Reiterated
The company has increased its 2016 GAAP earnings guidance by 22 cents to reflect an $8.5 million gain related to the repurchase of a portion of its 2018 convertible notes at a discount, a part of which was recognized in the second quarter of 2016 while the other part will be recorded in the third quarter of 2016, and a $10 million gain related to the sale of the company's interest in Complex Media. Cash of $35 million received from the sale of Complex Media is not included in the company's free cash flow guidance.
For 2016, the company continues to expect licensing revenues in a range of $370 million - $390 million, with no expectation of 'Other revenue'. However, it is trending toward the low end of the range.
Adjusted earnings are expected in a range of $1.06-$1.21 per share. The guidance was lowered on Jun 14 following the issuance of shares, which has in turn increased the company's outstanding share count. This prompted the company to reduce its earnings guidance for 2016. The Zacks Consensus Estimate is pegged at $1.11 per share, within the company's guidance range. The company now expects free cash flow in a range of $169 million - $184 million, up from $155 million - $170 million expected previously.
We note that the company's shares have gone downhill since the beginning of this year. Many firms have also filed a class action lawsuit against Iconix. It has been accused of misleading investors by underreporting the cost of its brands and overstating its earnings and revenues by engaging in irregular accounting practices related to the booking of its joint venture revenues and profits, free-cash flow, and organic growth.
Though the company restated its historical statements along with its fourth quarter 2015 results, these issues have adversely impacted growth. Further, for 2016, the company expects other headwinds like higher expenses, adjustments related to the financial restatement, and transition costs to hamper its profitability.
Nevertheless, the company's overall business strategy remains strong. Iconix is pinning its hopes on its strong brands and expects to continue forming joint ventures to expand its portfolio.
Iconix currently has a Zacks Rank #5 (Strong Sell). Some better-ranked stocks in the shoe and apparel industry include Deckers Outdoor Corp. DECK , The Children's Place, Inc. PLCE and Wolverine World Wide Inc. WWW . All of them hold a Zacks Rank #2 (Buy).
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 >>
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
CHILDRENS PLACE (PLCE): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
WOLVERINE WORLD (WWW): Free Stock Analysis Report
ICONIX BRAND GP (ICON): 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.
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 shoe and apparel industry include Deckers Outdoor Corp. DECK , The Children's Place, Inc. PLCE and Wolverine World Wide Inc. WWW . Click to get this free report CHILDRENS PLACE (PLCE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report To read this article on Zacks.com click here. ICONIX BRAND GP Price and Consensus ICONIX BRAND GP Price and Consensus | ICONIX BRAND GP Quote Guidance for 2016 Reiterated The company has increased its 2016 GAAP earnings guidance by 22 cents to reflect an $8.5 million gain related to the repurchase of a portion of its 2018 convertible notes at a discount, a part of which was recognized in the second quarter of 2016 while the other part will be recorded in the third quarter of 2016, and a $10 million gain related to the sale of the company's interest in Complex Media.
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Click to get this free report CHILDRENS PLACE (PLCE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report To read this article on Zacks.com click here. Some better-ranked stocks in the shoe and apparel industry include Deckers Outdoor Corp. DECK , The Children's Place, Inc. PLCE and Wolverine World Wide Inc. WWW . Quarter in Detail Iconix reported second-quarter adjusted earnings of 27 cents per share, which beat the Zacks Consensus Estimate of 23 cents by 17.4%.
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Click to get this free report CHILDRENS PLACE (PLCE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report To read this article on Zacks.com click here. Some better-ranked stocks in the shoe and apparel industry include Deckers Outdoor Corp. DECK , The Children's Place, Inc. PLCE and Wolverine World Wide Inc. WWW . ICONIX BRAND GP Price and Consensus ICONIX BRAND GP Price and Consensus | ICONIX BRAND GP Quote Guidance for 2016 Reiterated The company has increased its 2016 GAAP earnings guidance by 22 cents to reflect an $8.5 million gain related to the repurchase of a portion of its 2018 convertible notes at a discount, a part of which was recognized in the second quarter of 2016 while the other part will be recorded in the third quarter of 2016, and a $10 million gain related to the sale of the company's interest in Complex Media.
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Click to get this free report CHILDRENS PLACE (PLCE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report ICONIX BRAND GP (ICON): Free Stock Analysis Report To read this article on Zacks.com click here. Some better-ranked stocks in the shoe and apparel industry include Deckers Outdoor Corp. DECK , The Children's Place, Inc. PLCE and Wolverine World Wide Inc. WWW . Adjusted earnings are expected in a range of $1.06-$1.21 per share.
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39aa8e56-e7bf-4da3-8ca1-d1f694eb23d9
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724546.0
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2016-08-02 00:00:00 UTC
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Why Deckers Outdoor Corp's Shares Jumped 14.8% in July
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DECK
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https://www.nasdaq.com/articles/why-deckers-outdoor-corps-shares-jumped-148-july-2016-08-02
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nan
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nan
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Image source: Deckers Outdoor.
What: Shares of UGG maker Deckers Outdoor Corp (NYSE: DECK) jumped 14.5% in July, according to data provided by S&P Global Market Intelligence , after investors gained some confidence in the company's turnaround.
So what: Second quarter results released during the month helped ease fear that profit estimates wouldn't be hit in fiscal 2017. Sales did fall 18.4% in the quarter to $174.4 million and net loss ballooned to $52.3 million, but management still expects to hit its own guidance for the year. That includes net sales being flat to down 3% versus a year ago, and earnings of $4.05 to $4.40 per share. If management can hit those numbers after this quarter, the stock could be set up for a good year.
Now what: The reaction in July was relief that operations weren't even worse rather than a ringing endorsement of the company's falling sales and growing losses. But Deckers Outdoor is trying to stabilize the business and return to growth long-term. Maybe we're seeing signs of that happening -- but before jumping in, I'd like to see clear evidence that Deckers is going to hit its profit numbers, because falling sales in the shoe business is a big concern for investors.
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Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends Deckers Outdoor. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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.
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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What: Shares of UGG maker Deckers Outdoor Corp (NYSE: DECK) jumped 14.5% in July, according to data provided by S&P Global Market Intelligence , after investors gained some confidence in the company's turnaround. Maybe we're seeing signs of that happening -- but before jumping in, I'd like to see clear evidence that Deckers is going to hit its profit numbers, because falling sales in the shoe business is a big concern for investors. Image source: Deckers Outdoor.
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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. Image source: Deckers Outdoor. What: Shares of UGG maker Deckers Outdoor Corp (NYSE: DECK) jumped 14.5% in July, according to data provided by S&P Global Market Intelligence , after investors gained some confidence in the company's turnaround.
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What: Shares of UGG maker Deckers Outdoor Corp (NYSE: DECK) jumped 14.5% in July, according to data provided by S&P Global Market Intelligence , after investors gained some confidence in the company's turnaround. Maybe we're seeing signs of that happening -- but before jumping in, I'd like to see clear evidence that Deckers is going to hit its profit numbers, because falling sales in the shoe business is a big concern for investors. Image source: Deckers Outdoor.
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The Motley Fool recommends Deckers Outdoor. Image source: Deckers Outdoor. What: Shares of UGG maker Deckers Outdoor Corp (NYSE: DECK) jumped 14.5% in July, according to data provided by S&P Global Market Intelligence , after investors gained some confidence in the company's turnaround.
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6c396aa0-fded-4ed4-a439-9ba84350c4e2
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724547.0
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2016-07-29 00:00:00 UTC
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Deckers (DECK) Q1 Loss Narrower than Expected, Sales Beat
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DECK
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https://www.nasdaq.com/articles/deckers-deck-q1-loss-narrower-than-expected-sales-beat-2016-07-29
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nan
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nan
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Deckers Outdoor CorporationDECK continued with its better-than-expected bottom-line performance for the fifth straight quarter, as it reported first-quarter fiscal 2017 results. This footwear and apparel company posted narrower-than-expected loss of $1.80 per share for the quarter under review. Analysts polled by Zacks were expecting a loss of $2.05 per share, while management had earlier projected a loss of approximately $2.10-$2.20 per share for the quarter.
Despite faring better than analysts' expectations and management's own guidance on account of better-than-expected revenue, higher gross margin and the timing of certain expenses, loss widened from $1.43 per share reported in the year-ago quarter.
Deckers Outdoor Corporation (DECK) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany
Net sales of this Goleta, CA-based company came in at $174.4 million, reflecting an 18.4% year-over-year fall. The top line, however, beat the Zacks Consensus Estimate of $168.8 million, thus surpassing the same for the second consecutive quarter. Moreover, the rate of decline was lower than 20%−25% expected by Deckers.
However, the decrease in the top line stemmed from the timing of order shipments between quarters, fall in Direct-to-Consumer ("DTC") comparable sales and lower close-out sales. On a constant currency basis, net sales plummeted 18.8%.
Further, the company's domestic net sales declined 18.6% to $109.5 million in the reported quarter. Also, international net sales plunged 18.2% to $64.9 million, while on a constant currency basis, the same fell 19.1%.
DTC net sales dropped 3.6% to $58.3 million, while on a constant currency basis, sales fell 3.8%. DTC comparable sales tumbled 7.3% year over year. On the other hand, Wholesale and distributor net sales in the reported quarter decreased 24.3% to $116.1 million, while on a constant currency basis, sales declined 24.6%.
Gross margin improved 320 basis points to 43.7% due to lower proportion of closeout sales, a higher percentage of sales from DTC and expansion of international margins.
Deckers is focused on expanding its brand assortments, bringing more innovative line of products such as the launch of the Arrowood collection of sneaker boots, targeting consumers digitally via marketing and sturdy eCommerce, and optimizing omni-channel distribution. The company is witnessing huge success with the yoga sling collection and favorable response for men's casual styles.
Management hinted that like other brick-and-mortar locations, the company's outlets are also witnessing lower traffic. Moreover, it said that sustained promotion of classics to make way for the new classic hurt the top line and also resulted in negative comparable sales. With respect to the store fleet optimization plan that focuses on striking the right balance between digital and physical stores, during the quarter Deckers shuttered 6 of the approximately 21 outlets identified for closure during fiscal 2017.
Brand-wise Discussion
UGG brand net sales went down 19.8% to $91.9 million in the reported quarter. On a constant currency basis, sales declined 20%. Sales fell due to the shift in the timing of order shipments between quarters which hurt global wholesale and distributor sales, a fall in DTC comparable sales and fewer close-out sales.
Teva brand net sales plunged 17.3% to $34.7 million, while on a constant currency basis, the same plummeted 18.3%. The fall in sales was due to a decline in global wholesale sales.
Net sales for the Sanuk brand, known for its exclusive sandals and shoes, declined 20.2% year over year to $26.7 million. The sales drop was attributable to lower global wholesale sales.
Combined net sales of Deckers' Other brands came in at $21.1 million in the quarter, down 11.6% year over year. On a constant currency basis, sales fell 11.8%. The decline in net sales was principally attributable to discontinued brands. HOKA ONE ONE reported sales, included in the company's other brand sales, jumped 1.8% from the year-ago period to $17.6 million.
Other Financial Aspects
At the end of the quarter, Deckers had cash and cash equivalents of $202.3 million, short-term borrowings of $110.6 million, and shareholders' equity of $917.2 million. Inventories grew 25.6% year over year to $469.2 million.
During the quarter, Deckers did not buy back any shares. As of Jun 30, 2016, the company had $77.9 million at its disposal under its $200 million share repurchase authorization announced in Jan 2015.
DECKERS OUTDOOR Price, Consensus and EPS Surprise
DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote
Guidance
For fiscal 2017, the company continues to project net sales to be flat to down 3%. Gross margin for the fiscal year is expected to be in the range of 47%−47.5%. Further, SG&A expense as a percentage of sales is expected to be nearly 37%. In the second quarter, net sales are expected to be up by 1%−3%.
Management envisions earnings per share in the band of $1.12−$1.22 for the second quarter and in the range of $4.05−$4.40 for fiscal 2017. The current Zacks Consensus Estimate for the second quarter and fiscal 2017 stands at $1.09 and $4.15, respectively.
Zacks Rank
Deckers carries a Zacks Rank #4 (Sell). Investors interested in the retail space may consider some better-ranked stocks such as Children's Place, Inc. PLCE , sporting a Zacks Rank #1 (Strong Buy), and Hanesbrands Inc. HBI and Wolverine World Wide Inc. WWW , both carrying a Zacks Rank #2 (Buy).
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CHILDRENS PLACE (PLCE): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
WOLVERINE WORLD (WWW): Free Stock Analysis Report
HANESBRANDS INC (HBI): Free Stock Analysis Report
To read this article on Zacks.com 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.
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) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany Net sales of this Goleta, CA-based company came in at $174.4 million, reflecting an 18.4% year-over-year fall. Deckers is focused on expanding its brand assortments, bringing more innovative line of products such as the launch of the Arrowood collection of sneaker boots, targeting consumers digitally via marketing and sturdy eCommerce, and optimizing omni-channel distribution. Deckers Outdoor CorporationDECK continued with its better-than-expected bottom-line performance for the fifth straight quarter, as it reported first-quarter fiscal 2017 results.
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DECKERS OUTDOOR Price, Consensus and EPS Surprise DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote Guidance For fiscal 2017, the company continues to project net sales to be flat to down 3%. Click to get this free report CHILDRENS PLACE (PLCE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report HANESBRANDS INC (HBI): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor CorporationDECK continued with its better-than-expected bottom-line performance for the fifth straight quarter, as it reported first-quarter fiscal 2017 results.
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Click to get this free report CHILDRENS PLACE (PLCE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report HANESBRANDS INC (HBI): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor CorporationDECK continued with its better-than-expected bottom-line performance for the fifth straight quarter, as it reported first-quarter fiscal 2017 results. Deckers Outdoor Corporation (DECK) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany Net sales of this Goleta, CA-based company came in at $174.4 million, reflecting an 18.4% year-over-year fall.
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Deckers Outdoor CorporationDECK continued with its better-than-expected bottom-line performance for the fifth straight quarter, as it reported first-quarter fiscal 2017 results. Deckers Outdoor Corporation (DECK) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompany Net sales of this Goleta, CA-based company came in at $174.4 million, reflecting an 18.4% year-over-year fall. Moreover, the rate of decline was lower than 20%−25% expected by Deckers.
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76597028-a8d9-4803-a4d1-2313a0b55a22
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724548.0
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2016-07-28 00:00:00 UTC
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September 9th Options Now Available For Deckers Outdoor (DECK)
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DECK
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https://www.nasdaq.com/articles/september-9th-options-now-available-deckers-outdoor-deck-2016-07-28
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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 September 9th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DECK options chain for the new September 9th contracts and identified one put and one call contract of particular interest.
The put contract at the $57.00 strike price has a current bid of 65 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $57.00, but will also collect the premium, putting the cost basis of the shares at $56.35 (before broker commissions). To an investor already interested in purchasing shares of DECK, that could represent an attractive alternative to paying $62.41/share today.
Because the $57.00 strike represents an approximate 9% 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 74%. 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 1.14% return on the cash commitment, or 9.68% 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 $57.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $63.50 strike price has a current bid of $2.45. If an investor was to purchase shares of DECK stock at the current price level of $62.41/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $63.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 5.67% if the stock gets called away at the September 9th 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 $63.50 strike highlighted in red:
Considering the fact that the $63.50 strike represents an approximate 2% 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 50%. 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 3.93% boost of extra return to the investor, or 33.32% annualized, which we refer to as the YieldBoost .
The implied volatility in the put contract example is 47%, while the implied volatility in the call contract example is 50%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 253 trading day closing values as well as today's price of $62.41) to be 36%. 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.
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 $63.50 strike highlighted in red: Considering the fact that the $63.50 strike represents an approximate 2% 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 September 9th expiration.
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Below is a chart showing DECK's trailing twelve month trading history, with the $63.50 strike highlighted in red: Considering the fact that the $63.50 strike represents an approximate 2% 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 September 9th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DECK options chain for the new September 9th contracts and identified one put and one call contract of particular interest.
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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 $57.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $63.50 strike price has a current bid of $2.45. Below is a chart showing DECK's trailing twelve month trading history, with the $63.50 strike highlighted in red: Considering the fact that the $63.50 strike represents an approximate 2% 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 September 9th expiration.
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At Stock Options Channel , our YieldBoost formula has looked up and down the DECK options chain for the new September 9th 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 $63.50 strike highlighted in red: Considering the fact that the $63.50 strike represents an approximate 2% 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 September 9th expiration.
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29154aee-7d54-4d94-90b3-c1eea222471b
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724549.0
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2016-07-25 00:00:00 UTC
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Deckers (DECK): What Will Q1 Earnings Release Unveil?
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DECK
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https://www.nasdaq.com/articles/deckers-deck%3A-what-will-q1-earnings-release-unveil-2016-07-25
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nan
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nan
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Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories, is slated to report first-quarter fiscal 2017 results on Jul 28. The question lingering in investors' minds now is, whether the company will be able to deliver a positive earnings surprise in the quarter to be reported. In the trailing four quarters, it outperformed the Zacks Consensus Estimate by an average of 23.5%. Let's see how things are shaping up for this announcement.
Unlikely to Beat Estimates
Our proven model does not conclusively show that Deckers is likely to beat estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. Deckers has an Earnings ESP of -2.94% as the Most Accurate estimate stands at a loss of $2.10, while the Zacks Consensus Estimate is pegged at a loss of $2.04. Moreover, the company carries a Zacks Rank #5 (Strong Sell). We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Factors Influencing this Quarter
Deckers' lackluster outlook for the first quarter and fiscal 2017 raises concerns. The company projects net sales to decline in the range of 20-25% in the first quarter and to be flat to down 3% during fiscal 2017. Management also expects a loss of approximately $2.10-$2.20 per share for the quarter to be reported.
However, in an effort to bring itself back on the growth trajectory, the company announced a restructuring plan that focuses on realigning its brands into two groups, along with optimization of its store fleet. The company is also concentrating on opening smaller concept omni-channel outlets and developing its eCommerce portal.
DECKERS OUTDOOR Price, Consensus and EPS Surprise
DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote
Stocks Poised to Beat Earnings Estimates
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Big Lots Inc. BIG has an Earnings ESP of +4.35% and a Zacks Rank #2 (Buy).
Cabela's Incorporated CAB has an Earnings ESP of +4.92% and a Zacks Rank #2.
Expedia Inc. EXPE has an Earnings ESP of +6.82% and a Zacks Rank #3 (Hold).
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 >>
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EXPEDIA INC (EXPE): Free Stock Analysis Report
BIG LOTS INC (BIG): Free Stock Analysis Report
CABELAS INC (CAB): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
To read this article on Zacks.com 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.
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 , a leading designer, producer and brand manager of innovative, niche footwear and accessories, is slated to report first-quarter fiscal 2017 results on Jul 28. Unlikely to Beat Estimates Our proven model does not conclusively show that Deckers is likely to beat estimates this quarter. Deckers has an Earnings ESP of -2.94% as the Most Accurate estimate stands at a loss of $2.10, while the Zacks Consensus Estimate is pegged at a loss of $2.04.
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DECKERS OUTDOOR Price, Consensus and EPS Surprise DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Big Lots Inc. BIG has an Earnings ESP of +4.35% and a Zacks Rank #2 (Buy). Click to get this free report EXPEDIA INC (EXPE): Free Stock Analysis Report BIG LOTS INC (BIG): Free Stock Analysis Report CABELAS INC (CAB): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories, is slated to report first-quarter fiscal 2017 results on Jul 28.
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DECKERS OUTDOOR Price, Consensus and EPS Surprise DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Big Lots Inc. BIG has an Earnings ESP of +4.35% and a Zacks Rank #2 (Buy). Click to get this free report EXPEDIA INC (EXPE): Free Stock Analysis Report BIG LOTS INC (BIG): Free Stock Analysis Report CABELAS INC (CAB): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories, is slated to report first-quarter fiscal 2017 results on Jul 28.
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Deckers has an Earnings ESP of -2.94% as the Most Accurate estimate stands at a loss of $2.10, while the Zacks Consensus Estimate is pegged at a loss of $2.04. DECKERS OUTDOOR Price, Consensus and EPS Surprise DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: Big Lots Inc. BIG has an Earnings ESP of +4.35% and a Zacks Rank #2 (Buy). Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories, is slated to report first-quarter fiscal 2017 results on Jul 28.
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4982776e-3151-4b92-bb80-3d7cd4d0083e
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724550.0
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2016-07-22 00:00:00 UTC
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Deckers Outdoor Braces for Big Losses
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-braces-big-losses-2016-07-22
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nan
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Image source: Deckers Outdoor.
The retail industry is heavily seasonal, with the holiday shopping period driving results for most retailers. Footwear company Deckers Outdoor (NYSE: DECK) has that impact magnified because of the success of its cold-weather Ugg brand of sheepskin fleece boots, and the hot months of the year present huge challenges for Deckers as it resigns itself to losses and takes great pains to minimize them. Despite its best efforts, Deckers investors come into July 28's fiscal first-quarter financial report expecting even more red ink than it suffered last year, and a big drop in sales could also weigh on the company. Let's take an early look at Deckers Outdoor to see whether things will be as bad as many fear.
Stats on Deckers Outdoor
Data source: Yahoo! Finance. * Represents percentage increase in expected net losses.
How bad will Deckers Outdoor earnings look?
In recent months, investors have gotten a lot more concerned in their views on Deckers earnings. They now expect losses for the second quarter that are almost half again as large as they previously thought, and they've cut their full-year projections for this year and next by 5% to 7%. The stock has still managed to make some headway, rising 7% since mid-April.
Deckers Outdoor's fiscal fourth-quarter results were stronger than many had expected but left investors prepared for tougher times ahead. Sales jumped 11%, setting a new record, and Deckers managed to post a small profit on an adjusted basis. Currency impacts lessened, and the company's Ugg, Teva, and Hoka One One lines performed especially well during the quarter. The fact that Deckers overcame warm weather throughout much of last year was a mark of success for the retailer, but the guidance that it gave for the fiscal first quarter was far worse than they had expected.
How Deckers is looking for growth
Even with troubling views about its near-term future, Deckers Outdoor hasn't given up on finding ways to bolster its business. In June, the company announced that it had entered into a partnership with Grammy Award-nominated artist Jhene Aiko to create a personalized collection of Teva shoes. With three new styles tailored for hiking and exploration in a fashion-conscious way, Deckers hopes that the more summer-oriented Teva line can grow and help diversify the retailer's season exposure to some extent.
Nevertheless, Uggs are Deckers' bread and butter, and a new refresh of the concept hopes to capture more business. In mid-July, Deckers released its new Classic II line of Ugg boots, which it sees as an opportunity not just to update the iconic product but also to build momentum toward a whole new line of products related to the Ugg brand. Already, Deckers has turned the shoe into a full collection of accessory and lifestyle products, and refreshing the fashion concept could open the door to a whole new round of innovations that could draw customers to make purchases.
Yet one challenge Deckers consistently faces is the threat of counterfeit products. The company scored a big victory in late June, working with local and federal law enforcement agencies to identify an estimated 3,660 pairs of fake Ugg products worth more than $700,000. The seizure is just a small part of the counterfeit business, but every little bit helps Deckers protect the integrity of its brand.
In the Deckers Outdoor earnings report, investors should focus on whether the retailer's efforts to expand its product lines result in better sales. It's too much to expect Deckers to put too much of a dent in the losses that investors are prepared to see, but even incremental progress would be a favorable sign that the strategic vision that the Ugg maker has put in place has the potential to produce long-run success given enough time.
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Dan Caplinger has no position in any stocks mentioned. The Motley Fool recommends Deckers Outdoor. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. 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.
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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Despite its best efforts, Deckers investors come into July 28's fiscal first-quarter financial report expecting even more red ink than it suffered last year, and a big drop in sales could also weigh on the company. Already, Deckers has turned the shoe into a full collection of accessory and lifestyle products, and refreshing the fashion concept could open the door to a whole new round of innovations that could draw customers to make purchases. Image source: Deckers Outdoor.
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In the Deckers Outdoor earnings report, investors should focus on whether the retailer's efforts to expand its product lines result in better sales. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Image source: Deckers Outdoor.
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Footwear company Deckers Outdoor (NYSE: DECK) has that impact magnified because of the success of its cold-weather Ugg brand of sheepskin fleece boots, and the hot months of the year present huge challenges for Deckers as it resigns itself to losses and takes great pains to minimize them. How Deckers is looking for growth Even with troubling views about its near-term future, Deckers Outdoor hasn't given up on finding ways to bolster its business. In the Deckers Outdoor earnings report, investors should focus on whether the retailer's efforts to expand its product lines result in better sales.
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In the Deckers Outdoor earnings report, investors should focus on whether the retailer's efforts to expand its product lines result in better sales. Image source: Deckers Outdoor. Footwear company Deckers Outdoor (NYSE: DECK) has that impact magnified because of the success of its cold-weather Ugg brand of sheepskin fleece boots, and the hot months of the year present huge challenges for Deckers as it resigns itself to losses and takes great pains to minimize them.
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724551.0
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2016-06-29 00:00:00 UTC
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Deckers (DECK) Losing Favor of Analysts: Time to Sell?
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DECK
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https://www.nasdaq.com/articles/deckers-deck-losing-favor-of-analysts%3A-time-to-sell-2016-06-29
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nan
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nan
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We had learnt in school that "An ounce of prevention is worth a pound of cure." The saying simply means that a timely action can prevent some serious loss later on. How about applying the same principle to your portfolio? Exiting an out of favored stock at the right time helps maximize your portfolio's returns. Deckers Outdoor Corp.DECK is one stock which is no longer in analysts' good book. Let's find out why.
Despite reporting better-than-expected financial numbers for the fourth quarter of fiscal 2016, Deckers provided a lackluster outlook for the first quarter and full-year fiscal 2017. For fiscal 2017, the company projects net sales to be flat to down 3%. For the first quarter of fiscal 2017, Deckers estimates a 20-25% decline in revenues. Management also expects loss of approximately $2.10-$2.20 per share for the quarter. In the first quarter of fiscal 2016, the company had reported loss per share of $1.43.
Let's look at the Zacks Rank #4 (Sell) company earnings estimate revisions in order to get a clear picture of analysts' opinion about the stock. In the past 60 days, Deckers' earnings estimates for fiscal 2017 and fiscal 2018 declined by 34 cents and 10 cents to $4.16 and $4.62, respectively. On the other hand, loss estimates for the first quarter of fiscal 2017 have widened by 53 cents to a loss of $2.04, over the same time frame.
DECKERS OUTDOOR Price and Consensus
DECKERS OUTDOOR Price and Consensus | DECKERS OUTDOOR Quote
Further, high exposure to international markets makes Deckers prone to currency fluctuations. The weakening of foreign currencies against the U.S. dollar may require the company to either raise prices or contract profit margins in locations outside of the U.S. However, an increase in price may have an adverse impact on the demand for its products.
Stocks to Consider
Some better-ranked stocks in the retail sector that warrant a look include Carter's, Inc. CRI , The Children's Place, Inc. PLCE and Destination XL Group, Inc. DXLG . All these stocks hold a Zacks Rank #2 (Buy).
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 >>
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
CHILDRENS PLACE (PLCE): Free Stock Analysis Report
CARTERS INC (CRI): Free Stock Analysis Report
DESTINATION XL (DXLG): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
To read this article on Zacks.com 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.
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 is one stock which is no longer in analysts' good book. Despite reporting better-than-expected financial numbers for the fourth quarter of fiscal 2016, Deckers provided a lackluster outlook for the first quarter and full-year fiscal 2017. For the first quarter of fiscal 2017, Deckers estimates a 20-25% decline in revenues.
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In the past 60 days, Deckers' earnings estimates for fiscal 2017 and fiscal 2018 declined by 34 cents and 10 cents to $4.16 and $4.62, respectively. DECKERS OUTDOOR Price and Consensus DECKERS OUTDOOR Price and Consensus | DECKERS OUTDOOR Quote Further, high exposure to international markets makes Deckers prone to currency fluctuations. Click to get this free report CHILDRENS PLACE (PLCE): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report DESTINATION XL (DXLG): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here.
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Despite reporting better-than-expected financial numbers for the fourth quarter of fiscal 2016, Deckers provided a lackluster outlook for the first quarter and full-year fiscal 2017. DECKERS OUTDOOR Price and Consensus DECKERS OUTDOOR Price and Consensus | DECKERS OUTDOOR Quote Further, high exposure to international markets makes Deckers prone to currency fluctuations. Click to get this free report CHILDRENS PLACE (PLCE): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report DESTINATION XL (DXLG): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here.
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Deckers Outdoor Corp.DECK is one stock which is no longer in analysts' good book. Despite reporting better-than-expected financial numbers for the fourth quarter of fiscal 2016, Deckers provided a lackluster outlook for the first quarter and full-year fiscal 2017. For the first quarter of fiscal 2017, Deckers estimates a 20-25% decline in revenues.
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b0fc0533-ea5d-468e-b669-382e8b14c888
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724552.0
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2016-06-14 00:00:00 UTC
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Notable Tuesday Option Activity: DECK, AA, ALLY
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DECK
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https://www.nasdaq.com/articles/notable-tuesday-option-activity-deck-aa-ally-2016-06-14
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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 Deckers Outdoor Corp. (Symbol: DECK), where a total volume of 6,557 contracts has been traded thus far today, a contract volume which is representative of approximately 655,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 77.5% of DECK's average daily trading volume over the past month, of 845,710 shares. Particularly high volume was seen for the $50 strike put option expiring July 15, 2016 , with 4,000 contracts trading so far today, representing approximately 400,000 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $50 strike highlighted in orange:
Alcoa, Inc. (Symbol: AA) options are showing a volume of 139,402 contracts thus far today. That number of contracts represents approximately 13.9 million underlying shares, working out to a sizeable 76.5% of AA's average daily trading volume over the past month, of 18.2 million shares. Especially high volume was seen for the $8 strike call option expiring June 17, 2016 , with 35,439 contracts trading so far today, representing approximately 3.5 million underlying shares of AA. Below is a chart showing AA's trailing twelve month trading history, with the $8 strike highlighted in orange:
And Ally Financial Inc (Symbol: ALLY) saw options trading volume of 21,312 contracts, representing approximately 2.1 million underlying shares or approximately 61.3% of ALLY's average daily trading volume over the past month, of 3.5 million shares. Particularly high volume was seen for the $16 strike put option expiring June 17, 2016 , with 7,145 contracts trading so far today, representing approximately 714,500 underlying shares of ALLY. Below is a chart showing ALLY's trailing twelve month trading history, with the $16 strike highlighted in orange:
For the various different available expirations for DECK options , AA options , or ALLY options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options 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.
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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Particularly high volume was seen for the $50 strike put option expiring July 15, 2016 , with 4,000 contracts trading so far today, representing approximately 400,000 underlying shares of DECK. Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deckers Outdoor Corp. (Symbol: DECK), where a total volume of 6,557 contracts has been traded thus far today, a contract volume which is representative of approximately 655,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 77.5% of DECK's average daily trading volume over the past month, of 845,710 shares.
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Below is a chart showing DECK's trailing twelve month trading history, with the $50 strike highlighted in orange: Alcoa, Inc. (Symbol: AA) options are showing a volume of 139,402 contracts thus far today. Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deckers Outdoor Corp. (Symbol: DECK), where a total volume of 6,557 contracts has been traded thus far today, a contract volume which is representative of approximately 655,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 77.5% of DECK's average daily trading volume over the past month, of 845,710 shares.
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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deckers Outdoor Corp. (Symbol: DECK), where a total volume of 6,557 contracts has been traded thus far today, a contract volume which is representative of approximately 655,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 77.5% of DECK's average daily trading volume over the past month, of 845,710 shares. Particularly high volume was seen for the $50 strike put option expiring July 15, 2016 , with 4,000 contracts trading so far today, representing approximately 400,000 underlying shares of DECK.
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Below is a chart showing ALLY's trailing twelve month trading history, with the $16 strike highlighted in orange: For the various different available expirations for DECK options , AA options , or ALLY options , visit StockOptionsChannel.com. Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Deckers Outdoor Corp. (Symbol: DECK), where a total volume of 6,557 contracts has been traded thus far today, a contract volume which is representative of approximately 655,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 77.5% of DECK's average daily trading volume over the past month, of 845,710 shares.
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da5dc1a8-7af1-4920-b61a-f01e337f428a
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724553.0
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2016-05-31 00:00:00 UTC
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Company News for May 31, 2016
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DECK
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https://www.nasdaq.com/articles/company-news-for-may-31-2016-2016-05-31
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nan
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nan
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• Big Lots Inc's ( BIG ) shares jumped 14.1% after announcing fiscal first quarter adjusted earnings of $0.82 per share, outpacing the Zacks Consensus Estimate of $0.71
• Shares of Alphabet Inc. ( GOOGL ) increased 1.5% after a US Federal Jury ruled in favor of the company in a legal battle between Alphabet and Oracle Corporation ( ORCL ) regarding use of Java APIs
• GameStop Corp's ( GME ) shares fell 3.9% after posting fiscal first quarter adjusted earnings of $0.66 per share, representing a 2.9% year-over-year decline
• Shares of Deckers Outdoor Corp. ( DECK ) climbed 8% after reporting fiscal fourth quarter adjusted earnings of $0.11 per share, beating the Zacks Consensus Estimate by 5 cents
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BIG LOTS INC (BIG): Free Stock Analysis Report
ALPHABET INC-A (GOOGL): Free Stock Analysis Report
ORACLE CORP (ORCL): Free Stock Analysis Report
GAMESTOP CORP (GME): Free Stock Analysis Report
DECKERS OUTDOOR (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.
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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• Big Lots Inc's ( BIG ) shares jumped 14.1% after announcing fiscal first quarter adjusted earnings of $0.82 per share, outpacing the Zacks Consensus Estimate of $0.71 • Shares of Alphabet Inc. ( GOOGL ) increased 1.5% after a US Federal Jury ruled in favor of the company in a legal battle between Alphabet and Oracle Corporation ( ORCL ) regarding use of Java APIs • GameStop Corp's ( GME ) shares fell 3.9% after posting fiscal first quarter adjusted earnings of $0.66 per share, representing a 2.9% year-over-year decline • Shares of Deckers Outdoor Corp. ( DECK ) climbed 8% after reporting fiscal fourth quarter adjusted earnings of $0.11 per share, beating the Zacks Consensus Estimate by 5 cents Want the latest recommendations from Zacks Investment Research? Click to get this free report BIG LOTS INC (BIG): Free Stock Analysis Report ALPHABET INC-A (GOOGL): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report GAMESTOP CORP (GME): Free Stock Analysis Report DECKERS OUTDOOR (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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• Big Lots Inc's ( BIG ) shares jumped 14.1% after announcing fiscal first quarter adjusted earnings of $0.82 per share, outpacing the Zacks Consensus Estimate of $0.71 • Shares of Alphabet Inc. ( GOOGL ) increased 1.5% after a US Federal Jury ruled in favor of the company in a legal battle between Alphabet and Oracle Corporation ( ORCL ) regarding use of Java APIs • GameStop Corp's ( GME ) shares fell 3.9% after posting fiscal first quarter adjusted earnings of $0.66 per share, representing a 2.9% year-over-year decline • Shares of Deckers Outdoor Corp. ( DECK ) climbed 8% after reporting fiscal fourth quarter adjusted earnings of $0.11 per share, beating the Zacks Consensus Estimate by 5 cents Want the latest recommendations from Zacks Investment Research? Click to get this free report BIG LOTS INC (BIG): Free Stock Analysis Report ALPHABET INC-A (GOOGL): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report GAMESTOP CORP (GME): Free Stock Analysis Report DECKERS OUTDOOR (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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• Big Lots Inc's ( BIG ) shares jumped 14.1% after announcing fiscal first quarter adjusted earnings of $0.82 per share, outpacing the Zacks Consensus Estimate of $0.71 • Shares of Alphabet Inc. ( GOOGL ) increased 1.5% after a US Federal Jury ruled in favor of the company in a legal battle between Alphabet and Oracle Corporation ( ORCL ) regarding use of Java APIs • GameStop Corp's ( GME ) shares fell 3.9% after posting fiscal first quarter adjusted earnings of $0.66 per share, representing a 2.9% year-over-year decline • Shares of Deckers Outdoor Corp. ( DECK ) climbed 8% after reporting fiscal fourth quarter adjusted earnings of $0.11 per share, beating the Zacks Consensus Estimate by 5 cents Want the latest recommendations from Zacks Investment Research? Click to get this free report BIG LOTS INC (BIG): Free Stock Analysis Report ALPHABET INC-A (GOOGL): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report GAMESTOP CORP (GME): Free Stock Analysis Report DECKERS OUTDOOR (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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• Big Lots Inc's ( BIG ) shares jumped 14.1% after announcing fiscal first quarter adjusted earnings of $0.82 per share, outpacing the Zacks Consensus Estimate of $0.71 • Shares of Alphabet Inc. ( GOOGL ) increased 1.5% after a US Federal Jury ruled in favor of the company in a legal battle between Alphabet and Oracle Corporation ( ORCL ) regarding use of Java APIs • GameStop Corp's ( GME ) shares fell 3.9% after posting fiscal first quarter adjusted earnings of $0.66 per share, representing a 2.9% year-over-year decline • Shares of Deckers Outdoor Corp. ( DECK ) climbed 8% after reporting fiscal fourth quarter adjusted earnings of $0.11 per share, beating the Zacks Consensus Estimate by 5 cents Want the latest recommendations from Zacks Investment Research? Click to get this free report BIG LOTS INC (BIG): Free Stock Analysis Report ALPHABET INC-A (GOOGL): Free Stock Analysis Report ORACLE CORP (ORCL): Free Stock Analysis Report GAMESTOP CORP (GME): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Today, you can download 7 Best Stocks for the Next 30 Days.
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84cfc4c3-0bfc-471a-a6b7-1592b9df9f4e
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724554.0
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2016-05-27 00:00:00 UTC
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Deckers (DECK) Tops Q4 Earnings, Stock Falls on Weak View
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DECK
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https://www.nasdaq.com/articles/deckers-deck-tops-q4-earnings-stock-falls-on-weak-view-2016-05-27
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nan
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nan
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Deckers Outdoor CorporationDECK reported better-than-expected financial numbers for the fourth quarter of fiscal 2016. However, the company provided a lackluster outlook for the first quarter and full-year fiscal 2017. In response, the company's shares fell about 2.5% in the after-hours trading session on May 26.
Deckers posted earnings of 11 cents per share that exceeded the Zacks Consensus Estimate of 6 cents and soared 175% year over year. The bottom line was mainly driven by an increase in revenues.
Net sales of $378.6 million surpassed the Zacks Consensus Estimate of $363 million. Additionally, net sales rose 11.2% year over year and 12.4% on a currency-neutral basis.
Brand-wise, the company was supported by robust performance of its UGG, Teva and HOKA ONE ONE brands, offset by sluggish performance at the Sanuk brand.
Further, the company's domestic sales grew 10.4% to $240.4 million in the reported quarter. Also, international sales jumped 12.4% to $138.2 million, and grew 15.8% on a constant currency basis.
Direct-to-Consumer (DTC) sales rose 7.7% to $145.9 million, while on a constant currency basis, sales improved 9.7%. Direct-to-Consumer comparable sales inched up 2.6% year over year largely due to robust performance in eCommerce. The upside, however, was limited by the fall in the company's retail stores sales.
On the other hand, Wholesale and distributor net sales in the reported quarter climbed 13.4% to $232.7 million, while on a constant currency basis sales improved 14.2%.
Adjusted gross margin expanded 140 basis points (bps) to 42.3%, primarily due to increase in the proportion of closeout sales.
Brand-wise Discussion
UGG brand net sales were up 13.3% to $245.6 million. On a constant currency basis, sales jumped 15.2%. Sales grew on account of higher global wholesale sales and DTC sales.
Teva brand net sales rose 11.3% to $59.1 million, on both reported and constant currency basis. The improvement was driven by global wholesale sales.
Sales for the Sanuk brand, known for its exclusive sandals and shoes, dipped 1.9% year over year to $38.5 million. The decline in sales was attributable to lower domestic wholesale sales.
Combined net sales of Deckers' Other brands came in at $35.4 million for the quarter. The reported figure grew 12.4% year over year, primarily due to sales growth of 43.3% in the company's HOKA ONE ONE brand.
Other Financial Aspects
As of Mar 31, 2016, Deckers had cash and cash equivalents of $246 million, short-term borrowings of $67.5 million, and shareholders' equity of $1,018.5 million. Inventories grew 25.5% year over year to $299.9 million.
During the quarter, Deckers repurchased 441,000 shares for $25 million. As of Mar 31, 2016, the company had $77.9 million remaining under its $200 million stock repurchase authorization announced in Jan 2015.
Guidance
For fiscal 2017, the company projects revenues in the range of negative 3% to flat.
Gross margin for fiscal 2017 is expected to be in the range of 47% to 47.5%, which reflects an improvement of roughly 200 bps from previous year's pro forma gross margin. Further, SG&A expense as a percentage of sales is expected to be nearly 37% due to lack of revenue growth as well as increased compensation expenses.
On a reported basis, earnings per share for fiscal 2017 are expected to be in the range of $4.05 to $4.40.
For the first quarter of fiscal 2017, Deckers envisions revenues to decrease in range of 20% to 25%. Management also expects loss of approximately $2.10-$2.20 per share for the quarter. In the first quarter of fiscal 2016, the company had reported loss per share of $1.43.
The Zacks Consensus Estimate for full year and first-quarter fiscal 2017 is currently pegged at $4.47 and a loss of $1.50, respectively.
Zacks Rank
Deckers currently carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the retail sector include Central Garden & Pet Company CENT , Carter's, Inc. CRI and Sequential Brands Group, Inc. SQBG . Central Garden & Pet sports a Zacks Rank #1 (Strong Buy), while both Carter's and Sequential Brands Group hold a Zacks Rank #2 (Buy).
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 >>
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
CENTRAL GARDEN (CENT): Free Stock Analysis Report
CARTERS INC (CRI): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
SEQUENTIAL BRND (SQBG): 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.
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 CorporationDECK reported better-than-expected financial numbers for the fourth quarter of fiscal 2016. Deckers posted earnings of 11 cents per share that exceeded the Zacks Consensus Estimate of 6 cents and soared 175% year over year. Combined net sales of Deckers' Other brands came in at $35.4 million for the quarter.
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Click to get this free report CENTRAL GARDEN (CENT): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report SEQUENTIAL BRND (SQBG): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor CorporationDECK reported better-than-expected financial numbers for the fourth quarter of fiscal 2016. Deckers posted earnings of 11 cents per share that exceeded the Zacks Consensus Estimate of 6 cents and soared 175% year over year.
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Click to get this free report CENTRAL GARDEN (CENT): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report SEQUENTIAL BRND (SQBG): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor CorporationDECK reported better-than-expected financial numbers for the fourth quarter of fiscal 2016. Deckers posted earnings of 11 cents per share that exceeded the Zacks Consensus Estimate of 6 cents and soared 175% year over year.
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During the quarter, Deckers repurchased 441,000 shares for $25 million. Deckers Outdoor CorporationDECK reported better-than-expected financial numbers for the fourth quarter of fiscal 2016. Deckers posted earnings of 11 cents per share that exceeded the Zacks Consensus Estimate of 6 cents and soared 175% year over year.
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71f0d4f9-f9a7-41a4-81ef-97381c741ff5
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724555.0
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2016-05-27 00:00:00 UTC
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Why Deckers Outdoor, FEI Company, and Twitter Jumped Today
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DECK
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https://www.nasdaq.com/articles/why-deckers-outdoor-fei-company-and-twitter-jumped-today-2016-05-27
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nan
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Image source: Twitter.
Stocks closed higher on Friday, and the most surprising thing about the day's gains is that they came despite near-confirmation of one of the biggest fears that market participants face. Federal Reserve Chair Janet Yellen spoke before an audience at Harvard and said she believed further increases in the Federal Funds rate would be, in her words, "appropriate" in all likelihood in the near future. The threat of rate hikes has been the cause of several past market downturns, but investors simply shrugged off the news Friday as a sign that the economy is performing strongly enough to withstand headwinds from rising rates.
Gains in major-market benchmarks were limited to between a quarter-percent and a half-percent, but several individual stocks did better. Among the top performers were Deckers Outdoor (NYSE: DECK) , FEI Company (NASDAQ: FEIC) , and Twitter (NYSE: TWTR ) .
Deckers Outdoor jumped 8% after reporting its fiscal fourth-quarter earnings on Thursday afternoon. The maker of Uggs boots enjoyed solid results that included net income that was nearly double what investors had predicted, and double-digit percentage top-line growth. Uggs in particular did well, as well as the company's Teva and Hoka One One brands. In particular, given the warm winter weather and the tough environment for retailers generally, the fact that Deckers was able to produce the results it did was quite encouraging. Although guidance for the coming fiscal year was somewhat disappointing, investors apparently believe Deckers has the capacity to outperform its initial estimates if things go well for the footwear company.
FEI climbed 14% in the wake of a takeover bid. Thermo Fisher Scientific offered to buy the maker of high-performance electron microscopes for $4.2 billion, with the all-cash bid paying FEI shareholders $107.50 per share. FEI's products allow for analysis at extremely small scales, helping customers in the life sciences and materials science markets boost their overall productivity and take steps forward in innovating new products and processes. FEI CEO Don Kania noted that "this transaction bolsters our already strong position in the marketplace and allows us to play an increasing role in enabling our customers to accelerate breakthrough discoveries, increase productivity, and provide solutions to global challenges." Shareholders in FEI won't get to participate in any future gains, but FEI's future looks bright underneath Thermo Fisher's corporate umbrella.
Finally, Twitter finished up 6%. The social media company said Jana Messerschmidt and Nathan Hubbard will leave the company as part of Twitter's latest reorganization efforts. The move only increases the number of upper-level executives who have departed the microblogging company's ranks in 2016, including four who left early in the year. With Twitter having seen user growth slow to a standstill, the company is trying to shake things up in order to find new paths for potential expansion. Yet the consequence has been a loss of experienced personnel, and it remains to be seen whether Twitter can gain more from the fresh perspective that new executives will bring than it will lose from having seasoned executives at the helm.
Something big just happened
I don't know about you, but I always pay attention when one of the best growth investors in the world gives me a stock tip. Motley Fool co-founder David Gardner (whose growth-stock newsletter was the best performing in the U.S. as reported by The Wall Street Journal )* and his brother, Motley Fool CEO Tom Gardner, just revealed two brand new stock recommendations. Together, they've tripled the stock market's return over the last 13 years. And while timing isn't everything, the history of Tom and David's stock picks shows that it pays to get in early on their ideas.
Click here to be among the first people to hear about David and Tom's newest stock recommendations.
*"Look Who's on Top Now" appeared in The Wall Street Journal in Aug. 2013, which references Hulbert's rankings of the best-performing stock-picking newsletters over a 5-year period from 2008-2013.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, 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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Although guidance for the coming fiscal year was somewhat disappointing, investors apparently believe Deckers has the capacity to outperform its initial estimates if things go well for the footwear company. Among the top performers were Deckers Outdoor (NYSE: DECK) , FEI Company (NASDAQ: FEIC) , and Twitter (NYSE: TWTR ) . Deckers Outdoor jumped 8% after reporting its fiscal fourth-quarter earnings on Thursday afternoon.
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Among the top performers were Deckers Outdoor (NYSE: DECK) , FEI Company (NASDAQ: FEIC) , and Twitter (NYSE: TWTR ) . Deckers Outdoor jumped 8% after reporting its fiscal fourth-quarter earnings on Thursday afternoon. In particular, given the warm winter weather and the tough environment for retailers generally, the fact that Deckers was able to produce the results it did was quite encouraging.
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Among the top performers were Deckers Outdoor (NYSE: DECK) , FEI Company (NASDAQ: FEIC) , and Twitter (NYSE: TWTR ) . Deckers Outdoor jumped 8% after reporting its fiscal fourth-quarter earnings on Thursday afternoon. In particular, given the warm winter weather and the tough environment for retailers generally, the fact that Deckers was able to produce the results it did was quite encouraging.
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Deckers Outdoor jumped 8% after reporting its fiscal fourth-quarter earnings on Thursday afternoon. Among the top performers were Deckers Outdoor (NYSE: DECK) , FEI Company (NASDAQ: FEIC) , and Twitter (NYSE: TWTR ) . In particular, given the warm winter weather and the tough environment for retailers generally, the fact that Deckers was able to produce the results it did was quite encouraging.
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e8f4f23e-e8f2-41e2-a7dc-19928b5286ff
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724556.0
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2016-05-26 00:00:00 UTC
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Deckers Sees a Tough Time Ahead
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DECK
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https://www.nasdaq.com/articles/deckers-sees-tough-time-ahead-2016-05-26
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nan
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nan
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Image source: Deckers.
The retail environment has been a tough one throughout the industry, and footwear specialist Deckers Outdoor (NYSE: DECK) has worked hard to try to overcome strong headwinds that have made many of its industry peers suffer. Coming into Thursday's fiscal fourth-quarter financial report, Deckers investors were hoping that the company would be able to post a modest profit and growing sales, and Deckers managed to execute well on that front.
Yet what many investors are now worried about is the downbeat guidance that the company gave investors as part of its report. Let's take a closer look at exactly what Deckers said in its report, and what investors may see for the remainder of the year, and beyond.
Deckers tops expectations
Deckers' fiscal fourth-quarter results were reasonably solid from most investors' perspectives. Revenue jumped 11%, to $378.6 million, setting a new record and nearly doubling the pace of growth that most investors were expecting to see. Despite a large GAAP net loss, adjusted net income came in positive at $3.6 million, and that produced adjusted earnings of $0.11 per share. That was $0.05 per share above the consensus forecast among those following the stock.
Looking more closely at Deckers' results, currencies continued to play a role in holding back sales, but that impact has lessened. During the quarter, the strong dollar cost Deckers only about a percentage point of sales growth. Direct-to-consumer comparable sales rose 2.6%.
On a brand-by-brand basis, the company's key Uggs line enjoyed 13% sales growth, which Deckers said was due to rises in the wholesale business, as well as direct-to-consumer sales. Teva revenue also jumped double-digit percentages thanks to wholesale strength, and the catch-all other-brand category climbed 12%, thanks to outperformance once again from the Hoka One One shoe line. Only the Sanuk brand remained weak, and even its sales were down just 2%.
Deckers' performance by other metrics was relatively consistent. Wholesale and distributor sales grew at a faster pace than direct-to-consumer sales, and international sales growth outpaced gains in domestic revenue by about two percentage points.
CEO Angel Martinez was quite pleased with the results. "Our stronger than expected fourth quarter non-GAAP operating results are very encouraging," Martinez said, "given the current market environment." The CEO also pointed to record warm weather across the globe in holding Deckers back throughout the entire fiscal year.
Can Deckers jump forward?
Deckers is optimistic about the company's long-term prospects. As Martinez said, "While these issues have created lingering headwinds for the industry, I am confident that Deckers is well positioned to increase long-term shareholder value."
However, investors will need to look to another leadership team to produce those results. In a separate announcement, Deckers said that Martinez will give up the CEO post, remaining as board chairman, but turning over the executive reins to Dave Powers. With experience at Nike , Timberland, and Gap , Powers has been at Deckers since 2012, and he believes that he can continue the progress that his predecessor has made toward greater success.
Still, the near term could be difficult for investors in Deckers. Fiscal 2017 net sales will likely be flat to down 3% according to the company's guidance, and earnings of $4.05 to $4.40 per share would be well below the $4.60 per share consensus expectation among investors. The current quarter could be uglier still, with Deckers projecting a loss of $2.10 to $2.20 per share, and sales falling between 20% and 25%. The fiscal first quarter is traditionally weak for Deckers, given the cold-weather appeal of its Uggs boots. Yet those numbers are far below the losses and sales declines that investors were preparing to see.
Deckers investors didn't have an immediate negative reaction to the news, as the stock fell just half a percent in after-hours trading following the announcement. Nevertheless, for the company to avoid more pain down the road, Deckers will have to work hard to innovate and broaden its product lines to give itself a more-balanced path toward long-term growth.
Something big just happened
I don't know about you, but I always pay attention when one of the best growth investors in the world gives me a stock tip. Motley Fool co-founder David Gardner (whose growth-stock newsletter was the best performing in the U.S. as reported by The Wall Street Journal)* and his brother, Motley Fool CEO Tom Gardner, just revealed two brand new stock recommendations. Together, they've tripled the stock market's return over the last 13 years. And while timing isn't everything, the history of Tom and David's stock picks shows that it pays to get in early on their ideas.
Click here to be among the first people to hear about David and Tom's newest stock recommendations.
*"Look Who's on Top Now" appeared in The Wall Street Journal in Aug. 2013, which references Hulbert's rankings of the best performing stock picking newsletters over a 5-year period from 2008-2013.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, 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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In a separate announcement, Deckers said that Martinez will give up the CEO post, remaining as board chairman, but turning over the executive reins to Dave Powers. Nevertheless, for the company to avoid more pain down the road, Deckers will have to work hard to innovate and broaden its product lines to give itself a more-balanced path toward long-term growth. Image source: Deckers.
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Deckers tops expectations Deckers' fiscal fourth-quarter results were reasonably solid from most investors' perspectives. Image source: Deckers. The retail environment has been a tough one throughout the industry, and footwear specialist Deckers Outdoor (NYSE: DECK) has worked hard to try to overcome strong headwinds that have made many of its industry peers suffer.
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Coming into Thursday's fiscal fourth-quarter financial report, Deckers investors were hoping that the company would be able to post a modest profit and growing sales, and Deckers managed to execute well on that front. Deckers tops expectations Deckers' fiscal fourth-quarter results were reasonably solid from most investors' perspectives. On a brand-by-brand basis, the company's key Uggs line enjoyed 13% sales growth, which Deckers said was due to rises in the wholesale business, as well as direct-to-consumer sales.
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The current quarter could be uglier still, with Deckers projecting a loss of $2.10 to $2.20 per share, and sales falling between 20% and 25%. Image source: Deckers. The retail environment has been a tough one throughout the industry, and footwear specialist Deckers Outdoor (NYSE: DECK) has worked hard to try to overcome strong headwinds that have made many of its industry peers suffer.
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10d2651e-79ab-47d4-a2ad-ec33ee9788f2
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724557.0
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2016-05-26 00:00:00 UTC
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Noteworthy Thursday Option Activity: ATSG, DECK, INVA
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DECK
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https://www.nasdaq.com/articles/noteworthy-thursday-option-activity-atsg-deck-inva-2016-05-26
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nan
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nan
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Air Transport Services Group, Inc. (Symbol: ATSG), where a total of 13,913 contracts have traded so far, representing approximately 1.4 million underlying shares. That amounts to about 565.3% of ATSG's average daily trading volume over the past month of 246,135 shares. Particularly high volume was seen for the $17.50 strike call option expiring December 16, 2016 , with 7,510 contracts trading so far today, representing approximately 751,000 underlying shares of ATSG. Below is a chart showing ATSG's trailing twelve month trading history, with the $17.50 strike highlighted in orange:
Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 20,712 contracts thus far today. That number of contracts represents approximately 2.1 million underlying shares, working out to a sizeable 334.6% of DECK's average daily trading volume over the past month, of 618,930 shares. Particularly high volume was seen for the $44 strike put option expiring May 27, 2016 , with 4,165 contracts trading so far today, representing approximately 416,500 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $44 strike highlighted in orange:
And Innoviva Inc (Symbol: INVA) saw options trading volume of 18,352 contracts, representing approximately 1.8 million underlying shares or approximately 278.4% of INVA's average daily trading volume over the past month, of 659,230 shares. Particularly high volume was seen for the $10 strike put option expiring September 16, 2016 , with 10,024 contracts trading so far today, representing approximately 1.0 million underlying shares of INVA. Below is a chart showing INVA's trailing twelve month trading history, with the $10 strike highlighted in orange:
For the various different available expirations for ATSG options , DECK options , or INVA options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options 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.
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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Particularly high volume was seen for the $44 strike put option expiring May 27, 2016 , with 4,165 contracts trading so far today, representing approximately 416,500 underlying shares of DECK. Below is a chart showing ATSG's trailing twelve month trading history, with the $17.50 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 20,712 contracts thus far today. That number of contracts represents approximately 2.1 million underlying shares, working out to a sizeable 334.6% of DECK's average daily trading volume over the past month, of 618,930 shares.
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Below is a chart showing ATSG's trailing twelve month trading history, with the $17.50 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 20,712 contracts thus far today. Below is a chart showing DECK's trailing twelve month trading history, with the $44 strike highlighted in orange: And Innoviva Inc (Symbol: INVA) saw options trading volume of 18,352 contracts, representing approximately 1.8 million underlying shares or approximately 278.4% of INVA's average daily trading volume over the past month, of 659,230 shares. That number of contracts represents approximately 2.1 million underlying shares, working out to a sizeable 334.6% of DECK's average daily trading volume over the past month, of 618,930 shares.
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Below is a chart showing DECK's trailing twelve month trading history, with the $44 strike highlighted in orange: And Innoviva Inc (Symbol: INVA) saw options trading volume of 18,352 contracts, representing approximately 1.8 million underlying shares or approximately 278.4% of INVA's average daily trading volume over the past month, of 659,230 shares. Below is a chart showing ATSG's trailing twelve month trading history, with the $17.50 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 20,712 contracts thus far today. That number of contracts represents approximately 2.1 million underlying shares, working out to a sizeable 334.6% of DECK's average daily trading volume over the past month, of 618,930 shares.
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Particularly high volume was seen for the $44 strike put option expiring May 27, 2016 , with 4,165 contracts trading so far today, representing approximately 416,500 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $44 strike highlighted in orange: And Innoviva Inc (Symbol: INVA) saw options trading volume of 18,352 contracts, representing approximately 1.8 million underlying shares or approximately 278.4% of INVA's average daily trading volume over the past month, of 659,230 shares. Below is a chart showing ATSG's trailing twelve month trading history, with the $17.50 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 20,712 contracts thus far today.
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4bba1400-184b-4a00-8970-65f4079ebb12
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724558.0
|
2016-05-26 00:00:00 UTC
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Earnings Reaction History: Deckers Outdoor Corporation, 44.4% Follow-Through Indicator, 9.2% Sensitive
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DECK
|
https://www.nasdaq.com/articles/earnings-reaction-history-deckers-outdoor-corporation-444-follow-through-indicator-92
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nan
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nan
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Expected Earnings Release: 05/26/2016, After-hours
Avg. Extended-Hours Dollar Volume: $15,923,643
Deckers Outdoor Corporation ( DECK ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in DECK indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close.
Last 12 Qtrs Positive Only Price Reactions
Percent of time added to extended-hours gains: 25%
Average next regular session additional gain: 6.2%
Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 25.0% of the time (1 event) the stock posted additional gains in the following regular session by an average of 6.2%.
Last 12 Qtrs Negative Only Price Reactions
Percent of time added to extended-hours losses: 60%
Average next regular session additional loss: 4.9%
Over that same historical period, when shares of DECK dropped in the extended-hours in reaction to its earnings announcement, history shows that 60.0% of the time (3 events) the stock dropped further, adding to the extended-hours losses by an average of 4.9% by the following regular session close.
Data provided by the MT Pro service at MTNewswires.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
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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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 25% Average next regular session additional gain: 6.2% Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 25.0% of the time (1 event) the stock posted additional gains in the following regular session by an average of 6.2%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 60% Average next regular session additional loss: 4.9% Over that same historical period, when shares of DECK dropped in the extended-hours in reaction to its earnings announcement, history shows that 60.0% of the time (3 events) the stock dropped further, adding to the extended-hours losses by an average of 4.9% by the following regular session close. Extended-Hours Dollar Volume: $15,923,643 Deckers Outdoor Corporation ( DECK ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Historical earnings event related premarket and after-hours trading activity in DECK indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 25% Average next regular session additional gain: 6.2% Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 25.0% of the time (1 event) the stock posted additional gains in the following regular session by an average of 6.2%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 60% Average next regular session additional loss: 4.9% Over that same historical period, when shares of DECK dropped in the extended-hours in reaction to its earnings announcement, history shows that 60.0% of the time (3 events) the stock dropped further, adding to the extended-hours losses by an average of 4.9% by the following regular session close.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 25% Average next regular session additional gain: 6.2% Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 25.0% of the time (1 event) the stock posted additional gains in the following regular session by an average of 6.2%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 60% Average next regular session additional loss: 4.9% Over that same historical period, when shares of DECK dropped in the extended-hours in reaction to its earnings announcement, history shows that 60.0% of the time (3 events) the stock dropped further, adding to the extended-hours losses by an average of 4.9% by the following regular session close. Extended-Hours Dollar Volume: $15,923,643 Deckers Outdoor Corporation ( DECK ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Extended-Hours Dollar Volume: $15,923,643 Deckers Outdoor Corporation ( DECK ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Historical earnings event related premarket and after-hours trading activity in DECK indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price movement by the following regular session close. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 25% Average next regular session additional gain: 6.2% Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 25.0% of the time (1 event) the stock posted additional gains in the following regular session by an average of 6.2%.
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bbc068af-e16c-49cd-a6f1-182ac2b9ab3b
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724559.0
|
2016-05-26 00:00:00 UTC
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After-Hours Earnings Report for May 26, 2016 : ULTA, PANW, SPLK, GME, VEEV, DECK, NGL, VNET, OESX
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DECK
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https://www.nasdaq.com/articles/after-hours-earnings-report-may-26-2016-ulta-panw-splk-gme-veev-deck-ngl-vnet-oesx-2016-05
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nan
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nan
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The following companies are expected to report earnings after hours on 05/26/2016. Visit our Earnings Calendar for a full list of expected earnings releases.
Ulta Salon, Cosmetics & Fragrance, Inc. ( ULTA ) is reporting for the quarter ending April 30, 2016. The retail company's consensus earnings per share forecast from the 13 analysts that follow the stock is $1.29. This value represents a 24.04% increase compared to the same quarter last year. In the past year ULTA has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 9.74%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for ULTA is 35.42 vs. an industry ratio of -31.90, implying that they will have a higher earnings growth than their competitors in the same industry.
Palo Alto Networks, Inc. ( PANW ) is reporting for the quarter ending April 30, 2016. The communications company's consensus earnings per share forecast from the 6 analysts that follow the stock is $-0.28. This value represents a 39.13% increase compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for PANW is -150.20 vs. an industry ratio of 42.10.
Splunk Inc. ( SPLK ) is reporting for the quarter ending April 30, 2016. The internet software company's consensus earnings per share forecast from the 10 analysts that follow the stock is $-0.62. This value represents a 10.71% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2017 Price to Earnings ratio for SPLK is -24.05 vs. an industry ratio of -110.40, implying that they will have a higher earnings growth than their competitors in the same industry.
Gamestop Corporation ( GME ) is reporting for the quarter ending April 30, 2016. The retail company's consensus earnings per share forecast from the 10 analysts that follow the stock is $0.61. This value represents a 10.29% decrease compared to the same quarter last year. GME missed the consensus earnings per share in the 4th calendar quarter of 2015 by -8.47%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for GME is 7.41 vs. an industry ratio of 8.00.
Veeva Systems Inc. ( VEEV ) is reporting for the quarter ending April 30, 2016. The internet software company's consensus earnings per share forecast from the 3 analysts that follow the stock is $0.07. This value represents a 22.22% decrease compared to the same quarter last year. VEEV missed the consensus earnings per share in the 4th calendar quarter of 2015 by -20%. Zacks Investment Research reports that the 2017 Price to Earnings ratio for VEEV is 83.03 vs. an industry ratio of -110.40, implying that they will have a higher earnings growth than their competitors in the same industry.
Deckers Outdoor Corporation ( DECK ) is reporting for the quarter ending March 31, 2016. The shoes & retail apparel company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.06. This value represents a 50.00% increase compared to the same quarter last year. In the past year DECK and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DECK is 10.93 vs. an industry ratio of 15.00.
NGL ENERGY PARTNERS LP ( NGL ) is reporting for the quarter ending March 31, 2016. The oil refining company's consensus earnings per share forecast from the 4 analysts that follow the stock is $0.46. This value represents a 47.73% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for NGL is -38.08 vs. an industry ratio of -18.60.
21Vianet Group, Inc. ( VNET ) is reporting for the quarter ending March 31, 2016. The internet services company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.09. This value represents a 28.57% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2016 Price to Earnings ratio for VNET is -38.21 vs. an industry ratio of 14.00.
Orion Energy Systems, Inc. ( OESX ) is reporting for the quarter ending March 31, 2016. The building company's consensus earnings per share forecast from the 2 analysts that follow the stock is $-0.09. This value represents a 52.63% increase compared to the same quarter last year. The "days to cover" for this stock exceeds 10 days. Zacks Investment Research reports that the 2016 Price to Earnings ratio for OESX is -3.21 vs. an industry ratio of -1.40.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, 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 Corporation ( DECK ) is reporting for the quarter ending March 31, 2016. In the past year DECK and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DECK is 10.93 vs. an industry ratio of 15.00.
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Deckers Outdoor Corporation ( DECK ) is reporting for the quarter ending March 31, 2016. In the past year DECK and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DECK is 10.93 vs. an industry ratio of 15.00.
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Deckers Outdoor Corporation ( DECK ) is reporting for the quarter ending March 31, 2016. In the past year DECK and beat the expectations the other three quarters. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DECK is 10.93 vs. an industry ratio of 15.00.
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In the past year DECK and beat the expectations the other three quarters. Deckers Outdoor Corporation ( DECK ) is reporting for the quarter ending March 31, 2016. Zacks Investment Research reports that the 2016 Price to Earnings ratio for DECK is 10.93 vs. an industry ratio of 15.00.
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b32be8a7-99df-4318-a124-5d8dd60e6d9e
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724560.0
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2016-05-23 00:00:00 UTC
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Deckers' (DECK) Q4 Earnings: Will the Stock Disappoint?
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DECK
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https://www.nasdaq.com/articles/deckers-deck-q4-earnings%3A-will-the-stock-disappoint-2016-05-23
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nan
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nan
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Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories, is slated to report fourth-quarter fiscal 2016 results on May 26. The big question facing investors is, whether the company will be able to deliver a positive earnings surprise in the quarter to be reported. In the trailing four quarters, the company outperformed the Zacks Consensus Estimate by an average of 3.6%. Let's see how things are shaping up for this announcement.
Zacks Model Shows Unlikely Earnings Beat
Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. Deckers has an Earnings ESP of 0.00% as the Most Accurate estimate and the Zacks Consensus Estimate both stand at 6 cents. Moreover, the company carries a Zacks Rank #4 (Sell). We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Factors Influencing this Quarter
Although Deckers recorded better-than-expected third-quarter fiscal 2016 bottom-line results, its sales fell short of expectations. For the fourth quarter, Deckers envisions revenues to rise 7.9% on a constant currency basis and 7.2% on a reported basis. Management also expects fourth-quarter reported earnings of approximately 7 cents per share compared with 4 cents in the prior-year quarter.
Based on the dismal sales performance in the fiscal third quarter and expectations for the fourth quarter, management slashed its guidance for fiscal 2016. The company now projects constant-currency total revenue growth of 5% compared with 10.5% predicted earlier. On a reported basis, revenue is expected to rise 2.4% to $1.86 billion compared with the previous guidance of an 8% increase to $1.96 billion.
Management now projects constant-currency earnings for fiscal 2016 to rise 10.5% to $5.15 per share, compared with the previous guidance of 23% constant-currency growth to $5.73 per share. On a reported basis, earnings per share are expected to be $4.49, reflecting a year-over-year decline of 3.6%. The previous forecast was of an 11.2% increase to $5.18 per share.
Moreover, sluggish performance across the Sanuk brand poses a concern.
DECKERS OUTDOOR Price, Consensus and EPS Surprise
DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote
Stocks Poised to Beat Earnings Estimates
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
TiVo Inc. TIVO has an Earnings ESP of +25.00% and a Zacks Rank #1 (Strong Buy).
Best Buy Co., Inc. BBY has an Earnings ESP of +2.86% and a Zacks Rank #2 (Buy).
DSW Inc. DSW has an Earnings ESP of +2.17% and a Zacks Rank #3 (Hold).
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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
TIVO INC (TIVO): Free Stock Analysis Report
DSW INC CL-A (DSW): Free Stock Analysis Report
BEST BUY (BBY): Free Stock Analysis Report
DECKERS OUTDOOR (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.
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 , a leading designer, producer and brand manager of innovative, niche footwear and accessories, is slated to report fourth-quarter fiscal 2016 results on May 26. Factors Influencing this Quarter Although Deckers recorded better-than-expected third-quarter fiscal 2016 bottom-line results, its sales fell short of expectations. Zacks Model Shows Unlikely Earnings Beat Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter.
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DECKERS OUTDOOR Price, Consensus and EPS Surprise DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: TiVo Inc. TIVO has an Earnings ESP of +25.00% and a Zacks Rank #1 (Strong Buy). Click to get this free report TIVO INC (TIVO): Free Stock Analysis Report DSW INC CL-A (DSW): Free Stock Analysis Report BEST BUY (BBY): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories, is slated to report fourth-quarter fiscal 2016 results on May 26.
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Zacks Model Shows Unlikely Earnings Beat Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter. DECKERS OUTDOOR Price, Consensus and EPS Surprise DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: TiVo Inc. TIVO has an Earnings ESP of +25.00% and a Zacks Rank #1 (Strong Buy). Click to get this free report TIVO INC (TIVO): Free Stock Analysis Report DSW INC CL-A (DSW): Free Stock Analysis Report BEST BUY (BBY): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here.
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DECKERS OUTDOOR Price, Consensus and EPS Surprise DECKERS OUTDOOR Price, Consensus and EPS Surprise | DECKERS OUTDOOR Quote Stocks Poised to Beat Earnings Estimates Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat: TiVo Inc. TIVO has an Earnings ESP of +25.00% and a Zacks Rank #1 (Strong Buy). Deckers Outdoor Corp.DECK , a leading designer, producer and brand manager of innovative, niche footwear and accessories, is slated to report fourth-quarter fiscal 2016 results on May 26. Zacks Model Shows Unlikely Earnings Beat Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter.
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5c9bc381-bc95-4f17-83e1-d5584f8e7531
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724561.0
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2016-05-23 00:00:00 UTC
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Will Deckers Outdoor Heat Up or Cool Off?
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DECK
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https://www.nasdaq.com/articles/will-deckers-outdoor-heat-or-cool-2016-05-23
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nan
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nan
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Image source: Deckers Outdoor.
Retailers like footwear company Deckers Outdoor (NYSE: DECK) always have a big challenge in the first half of the calendar year. After getting most of their revenue and profits during the holiday season, the first and second quarters are often about treading water and trying to minimize losses. Coming into this Thursday's first-quarter financial report, investors expect Deckers to manage a modest profit, but the bigger question is whether it can bounce back from a challenging fiscal year and start the new fiscal 2017 on a positive note.
Let's look more closely at how Deckers Outdoor has done lately and whether it can expect better things ahead.
Stats on Deckers Outdoor
Data source: Yahoo! Finance.
What's ahead for Deckers Outdoor earnings?
In recent months, investors have gotten a little less optimistic about Deckers' long-term growth prospects, cutting a nickel per share from their fiscal 2017 projections. The stock has eased downward as well, falling 6% since mid-February.
Deckers Outdoor's fiscal third-quarter results didn't leave investors particularly happy about the holiday season. Revenue eased upward by just over 1%, but net income was almost exactly flat compared to the year-earlier period. Warm weather and weak store traffic across the retail industry weighed on Deckers' performance, and the strong dollar continued to put a downward impact on top-line figures. Sales of the key Uggs line were up just 1%, and a large drop in the Sanuk brand offset revenue gains from Teva and Hoka One One. In response, Deckers cut its guidance on the sales front by about $100 million, and cuts to adjusted earnings projections were also unexpected and led to substantial share-price declines.
Nevertheless, some investors remain bullish about the company's longer-term prospects. Deckers has updated its product line, producing innovative new boots and shoes calculated to create new buzz and excitement about the company's brands. Uggs will remain a key element of Deckers' success, but the company will also need good results from its other offerings if it wants to give investors everything they want to see.
The question, though, remains how quickly Deckers can get things turned around and moving forward again. In order to execute moves to refresh its brand, Deckers has to work on getting old inventory out the door and sold. To do so generally requires markdowns, and promotional activity has been at unusually high levels throughout the retail industry recently, putting even further pressure on the footwear company. In addition, Deckers relies on retailer partners who make large orders to resell in their stores. To the extent that those retailers are themselves struggling, it could make them less likely to take risks on new product launches. If retailer customers order fewer shoes and other products from Deckers, then it could put further pressure on the business as fiscal 2017 begins.
Deckers is focusing much of its efforts on women. In April, the company announced its first ever global women's brand ambassador, supermodel and actress Rosie Huntington-Whiteley. The brand ambassador will begin with a marketing campaign this fall that features a reimagined version of the Uggs classic boot, and depending on how well that goes, the strategy could return in the future as well.
In the Deckers Outdoor earnings report, investors shouldn't be terribly surprised if the company isn't able to live up to expectations, especially given how badly some of its fellow retailers have done so far this earnings season. However, Deckers does need to convince its shareholders that it can find new ways to grow more quickly in the near future. If the company can't convince investors about its strategic vision, then Deckers stock could remain under pressure for the foreseeable future.
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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.
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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Warm weather and weak store traffic across the retail industry weighed on Deckers' performance, and the strong dollar continued to put a downward impact on top-line figures. Image source: Deckers Outdoor. Retailers like footwear company Deckers Outdoor (NYSE: DECK) always have a big challenge in the first half of the calendar year.
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In the Deckers Outdoor earnings report, investors shouldn't be terribly surprised if the company isn't able to live up to expectations, especially given how badly some of its fellow retailers have done so far this earnings season. Image source: Deckers Outdoor. Retailers like footwear company Deckers Outdoor (NYSE: DECK) always have a big challenge in the first half of the calendar year.
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Deckers Outdoor's fiscal third-quarter results didn't leave investors particularly happy about the holiday season. In the Deckers Outdoor earnings report, investors shouldn't be terribly surprised if the company isn't able to live up to expectations, especially given how badly some of its fellow retailers have done so far this earnings season. If the company can't convince investors about its strategic vision, then Deckers stock could remain under pressure for the foreseeable future.
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What's ahead for Deckers Outdoor earnings? Deckers Outdoor's fiscal third-quarter results didn't leave investors particularly happy about the holiday season. The question, though, remains how quickly Deckers can get things turned around and moving forward again.
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e1257371-e8e7-4d84-8ef5-4d940b1266af
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724562.0
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2016-05-18 00:00:00 UTC
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Noteworthy Wednesday Option Activity: FMI, AMZN, DECK
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DECK
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https://www.nasdaq.com/articles/noteworthy-wednesday-option-activity-fmi-amzn-deck-2016-05-18
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nan
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nan
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Foundation Medicine Inc (Symbol: FMI), where a total of 3,274 contracts have traded so far, representing approximately 327,400 underlying shares. That amounts to about 160.7% of FMI's average daily trading volume over the past month of 203,795 shares. Particularly high volume was seen for the $35 strike put option expiring November 18, 2016 , with 1,600 contracts trading so far today, representing approximately 160,000 underlying shares of FMI. Below is a chart showing FMI's trailing twelve month trading history, with the $35 strike highlighted in orange:
Amazon.com Inc. (Symbol: AMZN) saw options trading volume of 72,250 contracts, representing approximately 7.2 million underlying shares or approximately 143.3% of AMZN's average daily trading volume over the past month, of 5.0 million shares. Particularly high volume was seen for the $700 strike call option expiring May 20, 2016 , with 4,868 contracts trading so far today, representing approximately 486,800 underlying shares of AMZN. Below is a chart showing AMZN's trailing twelve month trading history, with the $700 strike highlighted in orange:
And Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 3,800 contracts, representing approximately 380,000 underlying shares or approximately 72.9% of DECK's average daily trading volume over the past month, of 521,085 shares. Particularly high volume was seen for the $50 strike put option expiring June 17, 2016 , with 732 contracts trading so far today, representing approximately 73,200 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $50 strike highlighted in orange:
For the various different available expirations for FMI options , AMZN options , or DECK options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options 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.
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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Particularly high volume was seen for the $50 strike put option expiring June 17, 2016 , with 732 contracts trading so far today, representing approximately 73,200 underlying shares of DECK. Below is a chart showing AMZN's trailing twelve month trading history, with the $700 strike highlighted in orange: And Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 3,800 contracts, representing approximately 380,000 underlying shares or approximately 72.9% of DECK's average daily trading volume over the past month, of 521,085 shares. Below is a chart showing DECK's trailing twelve month trading history, with the $50 strike highlighted in orange: For the various different available expirations for FMI options , AMZN options , or DECK options , visit StockOptionsChannel.com.
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Below is a chart showing AMZN's trailing twelve month trading history, with the $700 strike highlighted in orange: And Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 3,800 contracts, representing approximately 380,000 underlying shares or approximately 72.9% of DECK's average daily trading volume over the past month, of 521,085 shares. Below is a chart showing DECK's trailing twelve month trading history, with the $50 strike highlighted in orange: For the various different available expirations for FMI options , AMZN options , or DECK options , visit StockOptionsChannel.com. Particularly high volume was seen for the $50 strike put option expiring June 17, 2016 , with 732 contracts trading so far today, representing approximately 73,200 underlying shares of DECK.
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Below is a chart showing AMZN's trailing twelve month trading history, with the $700 strike highlighted in orange: And Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 3,800 contracts, representing approximately 380,000 underlying shares or approximately 72.9% of DECK's average daily trading volume over the past month, of 521,085 shares. Particularly high volume was seen for the $50 strike put option expiring June 17, 2016 , with 732 contracts trading so far today, representing approximately 73,200 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $50 strike highlighted in orange: For the various different available expirations for FMI options , AMZN options , or DECK options , visit StockOptionsChannel.com.
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Below is a chart showing AMZN's trailing twelve month trading history, with the $700 strike highlighted in orange: And Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 3,800 contracts, representing approximately 380,000 underlying shares or approximately 72.9% of DECK's average daily trading volume over the past month, of 521,085 shares. Particularly high volume was seen for the $50 strike put option expiring June 17, 2016 , with 732 contracts trading so far today, representing approximately 73,200 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $50 strike highlighted in orange: For the various different available expirations for FMI options , AMZN options , or DECK options , visit StockOptionsChannel.com.
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9b74c317-03a2-45c0-a935-4e578ac309d9
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724563.0
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2016-03-18 00:00:00 UTC
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Deckers Outdoor (DECK) Shares Cross Above 200 DMA
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-deck-shares-cross-above-200-dma-2016-03-18
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nan
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nan
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In trading on Friday, shares of Deckers Outdoor Corp. (Symbol: DECK) crossed above their 200 day moving average of $59.13, changing hands as high as $59.24 per share. Deckers Outdoor Corp. shares are currently trading up about 3.5% on the day. The chart below shows the one year performance of DECK shares, versus its 200 day moving average:
Looking at the chart above, DECK's low point in its 52 week range is $40.74 per share, with $78.00 as the 52 week high point - that compares with a last trade of $59.41.
According to the ETF Finder at ETF Channel, DECK makes up 1.15% of the First Trust Mid Cap Value AlphaDEX Fund ETF (Symbol: FNK) which is trading up by about 0.9% on the day Friday.
Click here to find out which 9 other stocks recently crossed above their 200 day moving average »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, 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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In trading on Friday, shares of Deckers Outdoor Corp. (Symbol: DECK) crossed above their 200 day moving average of $59.13, changing hands as high as $59.24 per share. The chart below shows the one year performance of DECK shares, versus its 200 day moving average: Looking at the chart above, DECK's low point in its 52 week range is $40.74 per share, with $78.00 as the 52 week high point - that compares with a last trade of $59.41. Deckers Outdoor Corp. shares are currently trading up about 3.5% on the day.
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In trading on Friday, shares of Deckers Outdoor Corp. (Symbol: DECK) crossed above their 200 day moving average of $59.13, changing hands as high as $59.24 per share. The chart below shows the one year performance of DECK shares, versus its 200 day moving average: Looking at the chart above, DECK's low point in its 52 week range is $40.74 per share, with $78.00 as the 52 week high point - that compares with a last trade of $59.41. Deckers Outdoor Corp. shares are currently trading up about 3.5% on the day.
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In trading on Friday, shares of Deckers Outdoor Corp. (Symbol: DECK) crossed above their 200 day moving average of $59.13, changing hands as high as $59.24 per share. The chart below shows the one year performance of DECK shares, versus its 200 day moving average: Looking at the chart above, DECK's low point in its 52 week range is $40.74 per share, with $78.00 as the 52 week high point - that compares with a last trade of $59.41. Deckers Outdoor Corp. shares are currently trading up about 3.5% on the day.
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In trading on Friday, shares of Deckers Outdoor Corp. (Symbol: DECK) crossed above their 200 day moving average of $59.13, changing hands as high as $59.24 per share. According to the ETF Finder at ETF Channel, DECK makes up 1.15% of the First Trust Mid Cap Value AlphaDEX Fund ETF (Symbol: FNK) which is trading up by about 0.9% on the day Friday. Deckers Outdoor Corp. shares are currently trading up about 3.5% on the day.
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1f68f9e1-dcd5-4062-9a97-76bf334c0ee5
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724564.0
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2016-03-17 00:00:00 UTC
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New Strong Sell Stocks for March 17th
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DECK
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https://www.nasdaq.com/articles/new-strong-sell-stocks-for-march-17th-2016-03-17
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nan
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nan
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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) list today:
Agrium Inc.AGU
Avon Products, Inc.AVP
Container Store Group IncTCS
Deckers Outdoor Corp DECK
Diageo plcDEO
View the entire Zacks Rank #5 List .
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
DIAGEO PLC-ADR (DEO): Free Stock Analysis Report
AVON PRODS INC (AVP): Free Stock Analysis Report
AGRIUM INC (AGU): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
CONTAINER STORE (TCS): Free Stock Analysis Report
To read this article on Zacks.com 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.
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 5 stocks added to the Zacks Rank #5 (Strong Sell) list today: Agrium Inc.AGU Avon Products, Inc.AVP Container Store Group IncTCS Deckers Outdoor Corp DECK Diageo plcDEO View the entire Zacks Rank #5 List . Click to get this free report DIAGEO PLC-ADR (DEO): Free Stock Analysis Report AVON PRODS INC (AVP): Free Stock Analysis Report AGRIUM INC (AGU): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CONTAINER STORE (TCS): Free Stock Analysis Report To read this article on Zacks.com click here. Want the latest recommendations from Zacks Investment Research?
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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) list today: Agrium Inc.AGU Avon Products, Inc.AVP Container Store Group IncTCS Deckers Outdoor Corp DECK Diageo plcDEO View the entire Zacks Rank #5 List . Click to get this free report DIAGEO PLC-ADR (DEO): Free Stock Analysis Report AVON PRODS INC (AVP): Free Stock Analysis Report AGRIUM INC (AGU): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CONTAINER STORE (TCS): Free Stock Analysis Report To read this article on Zacks.com 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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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) list today: Agrium Inc.AGU Avon Products, Inc.AVP Container Store Group IncTCS Deckers Outdoor Corp DECK Diageo plcDEO View the entire Zacks Rank #5 List . Click to get this free report DIAGEO PLC-ADR (DEO): Free Stock Analysis Report AVON PRODS INC (AVP): Free Stock Analysis Report AGRIUM INC (AGU): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CONTAINER STORE (TCS): Free Stock Analysis Report To read this article on Zacks.com 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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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) list today: Agrium Inc.AGU Avon Products, Inc.AVP Container Store Group IncTCS Deckers Outdoor Corp DECK Diageo plcDEO View the entire Zacks Rank #5 List . Click to get this free report DIAGEO PLC-ADR (DEO): Free Stock Analysis Report AVON PRODS INC (AVP): Free Stock Analysis Report AGRIUM INC (AGU): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CONTAINER STORE (TCS): Free Stock Analysis Report To read this article on Zacks.com click here. Want the latest recommendations from Zacks Investment Research?
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08a1b174-c338-4f12-b35a-b85bed968829
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724565.0
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2016-02-25 00:00:00 UTC
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New Strong Sell Stocks for February 25th
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DECK
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https://www.nasdaq.com/articles/new-strong-sell-stocks-for-february-25th-2016-02-25
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nan
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nan
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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
Agrium IncAGU
American Science & Engineering, IncASEI
Itau Unibanco Holding SAITUB
Deckers Outdoor Corp DECK
Diana Containerships IncDCIX
View the entire Zacks Rank #5 List .
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
DIANA CONTAINER (DCIX): Free Stock Analysis Report
BANCO ITAU -ADR (ITUB): Free Stock Analysis Report
AMER SCI & ENG (ASEI): Free Stock Analysis Report
AGRIUM INC (AGU): Free Stock Analysis Report
DECKERS OUTDOOR (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.
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 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Agrium IncAGU American Science & Engineering, IncASEI Itau Unibanco Holding SAITUB Deckers Outdoor Corp DECK Diana Containerships IncDCIX View the entire Zacks Rank #5 List . Click to get this free report DIANA CONTAINER (DCIX): Free Stock Analysis Report BANCO ITAU -ADR (ITUB): Free Stock Analysis Report AMER SCI & ENG (ASEI): Free Stock Analysis Report AGRIUM INC (AGU): Free Stock Analysis Report DECKERS OUTDOOR (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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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Agrium IncAGU American Science & Engineering, IncASEI Itau Unibanco Holding SAITUB Deckers Outdoor Corp DECK Diana Containerships IncDCIX View the entire Zacks Rank #5 List . Click to get this free report DIANA CONTAINER (DCIX): Free Stock Analysis Report BANCO ITAU -ADR (ITUB): Free Stock Analysis Report AMER SCI & ENG (ASEI): Free Stock Analysis Report AGRIUM INC (AGU): Free Stock Analysis Report DECKERS OUTDOOR (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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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Agrium IncAGU American Science & Engineering, IncASEI Itau Unibanco Holding SAITUB Deckers Outdoor Corp DECK Diana Containerships IncDCIX View the entire Zacks Rank #5 List . Click to get this free report DIANA CONTAINER (DCIX): Free Stock Analysis Report BANCO ITAU -ADR (ITUB): Free Stock Analysis Report AMER SCI & ENG (ASEI): Free Stock Analysis Report AGRIUM INC (AGU): Free Stock Analysis Report DECKERS OUTDOOR (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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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today: Agrium IncAGU American Science & Engineering, IncASEI Itau Unibanco Holding SAITUB Deckers Outdoor Corp DECK Diana Containerships IncDCIX View the entire Zacks Rank #5 List . Click to get this free report DIANA CONTAINER (DCIX): Free Stock Analysis Report BANCO ITAU -ADR (ITUB): Free Stock Analysis Report AMER SCI & ENG (ASEI): Free Stock Analysis Report AGRIUM INC (AGU): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Today, you can download 7 Best Stocks for the Next 30 Days.
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d544a88a-1389-4de0-942e-754ab9e3656a
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724566.0
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2016-02-16 00:00:00 UTC
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Dave and Busters Entertainment, Deckers Outdoor, Morgan Stanley, JPMorgan Chase and Bank of America highlighted as Zacks Bull and Bear of the Day
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DECK
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https://www.nasdaq.com/articles/dave-and-busters-entertainment-deckers-outdoor-morgan-stanley-jpmorgan-chase-and-bank-of
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nan
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For Immediate Release
Chicago, IL - February 16, 2016- Zacks Equity Research highlights Dave and Busters Entertainment ( PLAY ) as the Bull of the Day and Deckers Outdoor ( DECK ) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Morgan Stanley ( MS ), JPMorgan Chase & Co. ( JPM ) and Bank of America Corp. ( BAC ).
Here is a synopsis of all five stocks:
Bull of the Day :
Dave and Busters Entertainment ( PLAY ) is an owner and operator of dining and entertainment venues across North America. Headquartered in Dallas Texas, their venues offer food and drink, as well as an assortment of entertainment games and televised sporting events. The locations offer a unique blend of entertainment for adults with a bar atmosphere, along with games for children. Their venues offer a place where you can take the family on a Friday night and everyone is entertained, whether it be sports, drinks, food or video games. The company is the Bull of the Day after it recently became a Zacks Rank #1 (Strong Buy).
PLAY has a market cap of $1.3 Billion with a Forward PE of 19. The stock is a growth play as the company shows high EPS growth, a factor giving it a Zacks Style Score of "A" in Growth. In addition, the company sits in an industry that is ranked 31 out of 265 (Top 12%) of the Zacks Industry Rank.
Pull back an opportunity?
The stock has not fared well over the last six months. Pressures on the indices would be the root cause for this as investors have been selling every growth stock they can find. The stock is down over 14% during that time period versus the 12% drop in the S&P 500. While you typically would like to see relative strength against the over market, sometimes a growth stock just goes too far down and presents an opportunity. The company has become interesting is a long-term growth play with an attractive PE.
Earnings and Estimates
Last quarter, the company had a 300% EPS surprise to the upside and saw revenue shoot up 17.5% year over year. CEO Steve King went into detail about same store sales on the call: "On a two-year basis we accelerated comparable store sales sequentially with the 17.5% gain during the third quarter, compared to a 16.7% gain in the second quarter and a 14.6% gain in the first quarter. And once again, we exhibited strength across day parts, days of the week, weekend and most geographies, demonstrating the power of our Eat Drink Play and Watch branding."
Over the last 90 days, analysts have revised estimates 9.2% higher for fiscal year 2016 and 8.5% for 2017. These revisions show strong earnings power going forward into the next report. The company reports earnings on April 5th, in which investors hope another EPS surprise can shift momentum around to the bulls.
Bear of the Day :
Deckers Outdoor ( DECK ) is now a Zacks Rank #5 (Strong Sell) after the company reported earnings late last week. Leading into the report estimates were coming down and now after the company cut guidance, estimates should continue to fall. The California Company's shares have fallen almost 50% from the start of 2015 and continue to see pressure.
Company Description
Deckers designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use. The company has a market cap of $1.6 Billion with a PE of 11 and pays no dividend. The stock has Zacks Style Scores of "D" in both Value and Growth, along with a "F" in momentum. The company resides in an industry ranked 207 out of 265 (Bottom 22%) of the Zacks Industry Rank.
Estimates and revisions
Over the last 60 days, estimates have come 11% for fiscal year 2016 and 17% for 2017. Furthermore, analysts have been in 100% agreement with eight out of eight analysts revising to the downside. These revisions point to growth struggles at the company and there is no reason to be involved in the stock unless we see a turn around.
Earnings and guidance
On February 4th, Deckers reported earrings and issued guidance that was underwhelming. The third quarter came in at $4.78 versus the $4.70 expected, with revenues coming in below the $836 Million expected at $795.9 Million. The company guided Q4 lower, seeing $0.07 versus the $0.26 expected and sees revenue up 7.9% year over year. They also cut fiscal year 2016 to $5.15 versus their prior target of $5.73 and revenues to $1.91Billion versus $2.01 Billion.
Additional content:
Morgan Stanley to Pay $3.2 Billion for Ending Mortgage Probe
Morgan Stanley ( MS ) has joined the league of other major Wall Street banks with its decision to end its pre-crisis period mortgage probe. The company agreed to pay $3.2 billion to the federal and state regulators for resolving claims related to the sale of mortgage-backed securities ("MBS") prior to the 2008 financial crisis.
Disclosure of the settlement and negative broader market sentiments led Morgan Stanley to hit a 52-week low of $21.16 per share. Notably, shares closed the day at $21.69 per share, 4.5% below the prior day's price.
Of the total amount to be paid, Morgan Stanley had already revealed $2.6 billion settlement with the U.S. Department of Justice (DOJ), Civil Division and the U.S. Attorney's Office for the Northern District of California in Feb 2015. At that time, New York Attorney General ("AG") Eric T. Schneiderman was not a party to the deal.
So now, finally, Morgan Stanley has resolved this matter as well. Of the remaining settlement amount, $400 million will be utilized for consumer relief and $150 million in cash will be used for compensation.
As part of the deal (resolved through the Residential Mortgage-Backed Securities Working Group), Morgan Stanley admitted its failure to reveal vital information about the quality of underlying loans in residential mortgage backed securities ("RMBS") to prospective investors. Further, the company acknowledged that some of its due diligence practices did not comply with the description it provided to potential investors while selling RMBS.
In a statement, Morgan Stanley said, "We are pleased to have finalized these settlements involving legacy residential mortgage-backed securities matters. The firm has previously reserved for all amounts related to these settlements." Notably, as the company had created provisions for the deal last year, it will have no effect on its first-quarter 2016 results.
The negotiations to end probes into the shoddy mortgage practices of banking giants have been going on for quite some time. Over the last two years, JPMorgan Chase & Co. ( JPM ), Bank of America Corp. ( BAC ) and others have settled similar charges with the RMBS Working Group, leading to a total penalty of approximately $37 billion.
Further, last month, The Goldman Sachs Group, Inc. struck a tentative deal with RMBS Working Group, worth about $5.1 billion, to settle similar charges. Nonetheless, the agreement is subject to the Justice Department and other authorities' finalization (read more: Goldman to Pay $5.1B to Resolve Mortgage Issues ).
With Morgan Stanley finally resolving its legacy legal issues pertaining to pre-crisis era mortgage sale, the focus will now shift to the company's strategy to improve profitability amid a challenging backdrop.
Currently, Morgan Stanley carries a Zacks Rank #3 (Hold).
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 >>
About the Bull and Bear of the Day
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
About the Analyst Blog
Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . Find out What is happening in the stock market today on zacks.com.
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
DAVE&BUSTRS ENT (PLAY): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
MORGAN STANLEY (MS): Free Stock Analysis Report
JPMORGAN CHASE (JPM): Free Stock Analysis Report
BANK OF AMER CP (BAC): Free Stock Analysis Report
To read this article on Zacks.com 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.
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 16, 2016- Zacks Equity Research highlights Dave and Busters Entertainment ( PLAY ) as the Bull of the Day and Deckers Outdoor ( DECK ) as the Bear of the Day. Bear of the Day : Deckers Outdoor ( DECK ) is now a Zacks Rank #5 (Strong Sell) after the company reported earnings late last week. Company Description Deckers designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use.
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For Immediate Release Chicago, IL - February 16, 2016- Zacks Equity Research highlights Dave and Busters Entertainment ( PLAY ) as the Bull of the Day and Deckers Outdoor ( DECK ) as the Bear of the Day. Click to get this free report DAVE&BUSTRS ENT (PLAY): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report MORGAN STANLEY (MS): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report To read this article on Zacks.com click here. Bear of the Day : Deckers Outdoor ( DECK ) is now a Zacks Rank #5 (Strong Sell) after the company reported earnings late last week.
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Click to get this free report DAVE&BUSTRS ENT (PLAY): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report MORGAN STANLEY (MS): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report BANK OF AMER CP (BAC): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - February 16, 2016- Zacks Equity Research highlights Dave and Busters Entertainment ( PLAY ) as the Bull of the Day and Deckers Outdoor ( DECK ) as the Bear of the Day. Bear of the Day : Deckers Outdoor ( DECK ) is now a Zacks Rank #5 (Strong Sell) after the company reported earnings late last week.
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For Immediate Release Chicago, IL - February 16, 2016- Zacks Equity Research highlights Dave and Busters Entertainment ( PLAY ) as the Bull of the Day and Deckers Outdoor ( DECK ) as the Bear of the Day. Bear of the Day : Deckers Outdoor ( DECK ) is now a Zacks Rank #5 (Strong Sell) after the company reported earnings late last week. Company Description Deckers designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use.
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822849a1-0d8a-423b-a2c0-0467a4a3e0be
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724567.0
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2016-02-16 00:00:00 UTC
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Bear of the Day: Deckers Outdoor (DECK)
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DECK
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https://www.nasdaq.com/articles/bear-day-deckers-outdoor-deck-2016-02-16
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nan
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nan
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Deckers Outdoor ( DECK ) is now a Zacks Rank #5 (Strong Sell) after the company reported earnings late last week. Leading into the report estimates were coming down and now after the company cut guidance, estimates should continue to fall. The California company's shares have fallen almost 50% from the start of 2015 and continue to see pressure.
Company Description
Deckers designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use. The company has a market cap of $1.6 Billion with a PE of 11 and pays no dividend. The stock has Zacks Style Scores of "D" in both Value and Growth, along with a "F" in momentum. The company resides in an industry ranked 207 out of 265 (Bottom 22%) of the Zacks Industry Rank.
Estimates and revisions
The chart below shows us that recent revisions have been to the downside. Over the last 60 days, estimates have come 11% for fiscal year 2016 and 17% for 2017.Furthermore, analysts have been in 100% agreement with eight out of eight analysts revising to the downside. These revisions point to growth struggles at the company and there is no reason to be involved in the stock unless we see a turn around.
Earnings and guidance
On February 4th, Deckers reported earrings and issued guidance that was underwhelming. The third quarter came in at $4.78 versus the $4.70 expected, with revenues coming in below the $836 Million expected at $795.9 Million. The company guided Q4 lower, seeing $0.07 versus the $0.26 expected and sees revenue up 7.9% year over year. They also cut fiscal year 2016 to $5.15 versus their prior target of $5.73 and revenues to $1.91Billion versus $2.01 Billion.
CEO Angel Martinez went into detail on the call about the company's struggles: "Our third quarter was more challenging than we expected as warm weather and weak store traffic across retail pressured demand... While we have made significant progress diversifying our brands and product lines and transforming our organization over the past several years, we recognize the need to accelerate elements of our long-term strategy. To do this, we are streamlining our organization so we can dedicate more resources to our largest market opportunities. We are targeting approximately $35 million in annualized run rate expense savings from office consolidations, realignment of our brand management, and select retail store closings. We plan to invest approximately $10 million of this savings back into the business. We are confident these changes will increase profitability and improve shareholder returns."
Price action after earnings was negative at first, but the stock bounced back to unchanged after selling off 4%. Typically, this can be taken as a good sign, but with Deckers muted growth outlook it is best to stay away.
A better option
Francesca ( FRAN ) is Zacks Rank #2 (BUY) and a better option than Deckers. The company is a specialty retailer of women's apparel products that operates a chain of retail boutiques in the United States. Analysts have been revising estimates higher over the last 90 days, for both fiscal years 2016 and 2017. The stock has held up well compared to most of late and is actually up 20% over the last three months.
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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.
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 now a Zacks Rank #5 (Strong Sell) after the company reported earnings late last week. Company Description Deckers designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use. Earnings and guidance On February 4th, Deckers reported earrings and issued guidance that was underwhelming.
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Deckers Outdoor ( DECK ) is now a Zacks Rank #5 (Strong Sell) after the company reported earnings late last week. Click to get this free report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Company Description Deckers designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use.
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Deckers Outdoor ( DECK ) is now a Zacks Rank #5 (Strong Sell) after the company reported earnings late last week. Click to get this free report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Company Description Deckers designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use.
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Deckers Outdoor ( DECK ) is now a Zacks Rank #5 (Strong Sell) after the company reported earnings late last week. Company Description Deckers designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use. Earnings and guidance On February 4th, Deckers reported earrings and issued guidance that was underwhelming.
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8839ccaa-ebe8-43ec-bf32-906e5a04a4f8
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724568.0
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2016-02-05 00:00:00 UTC
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Deckers Down on Low Sales, Guidance Cut; Q3 Earnings Top
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DECK
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https://www.nasdaq.com/articles/deckers-down-on-low-sales-guidance-cut-q3-earnings-top-2016-02-05
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nan
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nan
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Deckers Outdoor CorporationDECK reported better-than-expected bottom-line results for the third quarter of fiscal 2016. However, sales fell short of expectations. Further, the company provided a downbeat outlook for fiscal 2016 and the fourth quarter. In response, the company's shares lost about 9.8% in the after-hours trading session.
Also, in an effort to speed up growth through its long-term strategies, the company announced an organization restructuring plan. As part of this, the company intends to bring two changes to its brand operations, including realigning its brands into two groups and consolidating its brand offices for Sanuk and Ahnu brands; and simultaneously implement a retail store fleet optimization initiative.
As part of the realignment, the company will realign its six independently managed brands into two brand groups, namely Fashion Lifestyle and Performance Lifestyle. The Fashion Lifestyle group will include the UGG and Koolaburra brands, while the Performance Lifestyle group will encompass the Teva, Sanuk, and HOKA brands.
With regard to the consolidation of brands, the company plans to relocate the Sanuk brand operations to its headquarters in Goleta and close its office in Irvine, CA. The company expects this move to boost the brand's growth prospects, as this trick earlier worked for the HOKA brand, which was previously moved to its corporate headquarters. Also, the company is shutting down its Ahnu office outside San Francisco, in light of plans to optimize the brand's full value through strategic alternatives.
Lastly, in an effort to optimize its store fleet, the company has identified 20 retail locations, equaling 15% of store fleet, which are eligible for closures. Additionally, Deckers is evaluating its stores portfolio in order to strike the right balance between digital and physical stores, to gain from the growing omni-channel preference of customers.
Coming to the fiscal third-quarter results, Deckers posted earnings of $4.78 per share that exceeded the Zacks Consensus Estimate of $4.70 and rose 6.2% year over year. On a currency-neutral basis, earnings per share for the quarter jumped 13.6%. Earnings were mainly driven by SG&A leverage and lower tax rate.
Deckers Outdoor Corporation (DECK) Street Actual & Estimate EPS - Last 5 Quarters | FindTheCompany
However, bearing the impact of soft retail demand due to warmer-than-expected weather and lower store traffic, net sales of $795.9 million lagged the Zacks Consensus Estimate of $836 million. Additionally, net sales rose only 1.4% year over year and 3.6% on a currency-neutral basis, which was also way below the company's own expectations of 8% and 10.5% growth, respectively.
Brand-wise, the company's performance in the quarter was buoyed by healthy performance of its UGG, Teva and HOKA ONE ONE brands, offset by sluggish performance at the Sanuk brand.
Further, the company's geographic breakdown reveals that domestic sales grew 3.2% to $543.3 million in the reported quarter. On the contrary, international sales declined 2.2% to $252.6 million, but grew 4.5% on a constant currency basis.
Direct-to-Consumer sales rose 3.4% to $351.3 million, while on a constant currency basis, sales improved 5.8%. Direct-to-Consumer comparable sales dropped 0.9% year over year largely due to lower tourist traffic in the U.S. owing to a stronger dollar.
Gross profit tumbled 5.8% to $391 million in the quarter, whereas gross margin contracted 380 basis points (bps) to 49.1% due to increased promotions as well as a 110 bps impact from unfavorable currency fluctuations.
Brand-wise Discussion
The UGG brand's net sales inched up 1% to $743.2 million. On a constant currency basis, sales jumped 3.3%. Sales grew on account of higher Direct-to-Consumer sales worldwide as well as robust domestic wholesale sales, partly limited by a fall in international wholesale and distributor sales.
The Teva brand's net sales rose 3.2% to $14.1 million, while on a constant currency basis the same jumped 4.1%. The improvement was driven by higher international distributor sales, offset by a decline in domestic wholesale sales.
Sales for the Sanuk brand, known for its exclusive sandals and shoes, were $17 million, down 17% from the year-ago quarter. The decline in sales was due to lower worldwide wholesale and international distributor sales that were somewhat negated by higher Direct-to-Consumer sales globally.
Combined net sales of Deckers' Other brands for the quarter came in at $21.6 million, soaring 48.4% year over year, primarily on the back of the company's HOKA ONE ONE brand that witnessed sales growth of $6.7 million.
Other Financial Aspects
As of Dec 31, 2015, Deckers had cash and cash equivalents of $263 million, short-term borrowings of $23.5 million, and shareholders' equity of $1,018.5 million. Inventories jumped 26.1% year over year to $370.6 million.
During the quarter, Deckers made no share repurchases. As of Dec 31, 2015, the company still had $102.9 million remaining under its $200 million stock repurchase authorization announced in Jan 2015.
Guidance
Based on the dismal sales performance in the fiscal third quarter and expectations for the fourth quarter, management slashed its guidance for fiscal 2016. The company now projects constant-currency total revenue growth of 5% compared with 10.5% predicted earlier. On a reported basis, revenue is expected to grow 2.4% to $1.86 billion compared with the previous guidance of an 8% increase to $1.96 billion.
Gross margin for fiscal 2016 is estimated to contract 230 bps to nearly 46% on account of a strong U.S. dollar and higher promotions, partly offset by a fall in input costs and positive changes in the channel mix. Earlier, the company had projected gross margin to be down 30 bps to approximately 48%. Further, SG&A expense as a percentage of sales is expected to be 35.7% compared with 35.5% projected previously.
Management now projects constant-currency earnings for fiscal 2016 to rise 10.5% to $5.15 per share, compared with the previous guidance of 23% constant-currency growth to $5.73 per share. On a reported basis, earnings per share are expected to be $4.49, reflecting a year-over-year decline of 3.6%. The previous forecast was of an 11.2% increase to $5.18 per share. The revised guidance excludes the potential charges related to the aforementioned restructuring plan and store closures.
For the fourth quarter of fiscal 2016, Deckers envisions revenues to rise 7.9% on a constant currency basis and 7.2% on a reported basis. Management also expects fourth-quarter reported earnings of approximately 7 cents per share compared with 4 cents reported in the prior-year quarter. This excludes any charges related to the aforementioned restructuring plan and store closures.
The company estimates gross margins to be approximately 45.5% during the fourth quarter compared with 44.7% in the year-ago period. SG&A expense is estimated to be 44.4%, as a percentage of sales, versus 44.5% in the year-ago quarter.
Zacks Rank
Deckers currently carries a Zacks Rank #5 (Strong Sell). Better-ranked stocks in the retail sector include Francesca's Holdings Corporation FRAN ,with a Zacks Rank #1 (Strong Buy), Skechers U.S.A., Inc. SKX and Foot Locker Inc. FL , each carrying a Zacks Rank #2 (Buy).
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FOOT LOCKER INC (FL): Free Stock Analysis Report
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report
FRANCESCAS HLDG (FRAN): Free Stock Analysis Report
To read this article on Zacks.com 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.
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) Street Actual & Estimate EPS - Last 5 Quarters | FindTheCompany However, bearing the impact of soft retail demand due to warmer-than-expected weather and lower store traffic, net sales of $795.9 million lagged the Zacks Consensus Estimate of $836 million. Deckers Outdoor CorporationDECK reported better-than-expected bottom-line results for the third quarter of fiscal 2016. Additionally, Deckers is evaluating its stores portfolio in order to strike the right balance between digital and physical stores, to gain from the growing omni-channel preference of customers.
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Click to get this free report FOOT LOCKER INC (FL): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor CorporationDECK reported better-than-expected bottom-line results for the third quarter of fiscal 2016. Additionally, Deckers is evaluating its stores portfolio in order to strike the right balance between digital and physical stores, to gain from the growing omni-channel preference of customers.
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Deckers Outdoor Corporation (DECK) Street Actual & Estimate EPS - Last 5 Quarters | FindTheCompany However, bearing the impact of soft retail demand due to warmer-than-expected weather and lower store traffic, net sales of $795.9 million lagged the Zacks Consensus Estimate of $836 million. Combined net sales of Deckers' Other brands for the quarter came in at $21.6 million, soaring 48.4% year over year, primarily on the back of the company's HOKA ONE ONE brand that witnessed sales growth of $6.7 million. Click to get this free report FOOT LOCKER INC (FL): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FRANCESCAS HLDG (FRAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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Combined net sales of Deckers' Other brands for the quarter came in at $21.6 million, soaring 48.4% year over year, primarily on the back of the company's HOKA ONE ONE brand that witnessed sales growth of $6.7 million. For the fourth quarter of fiscal 2016, Deckers envisions revenues to rise 7.9% on a constant currency basis and 7.2% on a reported basis. Deckers Outdoor CorporationDECK reported better-than-expected bottom-line results for the third quarter of fiscal 2016.
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d48077ff-60d8-4729-b72e-dd46a4934cee
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724569.0
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2016-02-04 00:00:00 UTC
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Deckers Drops After Holiday Revenue, Guidance Fall Short
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DECK
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https://www.nasdaq.com/articles/deckers-drops-after-holiday-revenue-guidance-fall-short-2016-02-04
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nan
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nan
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Image: Deckers.
The holidays are a key season for any consumer goods company, and Deckers Outdoor depends on a successful gift-giving season to support its business. Coming into Thursday's fiscal third-quarter financial report, Deckers investors wanted to see that the company was on track to continue growing at least at a moderate pace.
Even though Deckers managed to exceed investor expectations on earnings, its lagging sales and downbeat guidance for 2016 made shareholders think twice about the stock's value proposition, even at a depressed price. Let's look more closely at how Deckers did this quarter, and what could lie ahead for the shoe maker in the year to come.
Deckers feels the pinch
Deckers Outdoor's fiscal third-quarter results were mixed in the eyes of most investors. Revenue climbed 1.4%, to $795.9 million, which was a record level, but still well below the 6% growth that investors had hoped to see. Net income inched higher by 0.1%, to $156.9 million, but a dramatic reduction in share counts sent per-share earnings up to $4.78, topping the consensus forecast among investors by $0.03 per share.
A closer examination of Deckers' results shows that Uggs utterly dominated the company's other brands. Ugg sales were up 1%, and made up more than 93% of the company's overall sales for the quarter. The dollar continued to weigh on sales, but only by about two percentage points, which is less than in past quarters. The company said global direct-to-consumer sales and domestic wholesale results improved, but international wholesale and distributor sales fell.
Sales of Deckers' other major brands were mixed. Teva revenue rose 3.2% due to an increase in international distributor sales, but the Sanuk brand continued to struggle, seeing a 17% drop in net sales due to weak wholesale and distributor performance. The Hoka One One brand again produced strong gains, pushing the Other Brands category up by nearly half, but making up less than 3% of its total revenue.
Deckers again saw stronger growth in its direct-to-consumer channel, but got the majority of its revenue from wholesale and distributor sales. Geographically, international sales fell solely because of the strong dollar, and in constant-currency terms, international sales outpaced domestic growth.
CEO Angel Martinez explained some of Deckers' difficulties. "Our third quarter was more challenging than we expected as warm weather and weak store traffic across retail pressured demand," Martinez said. The CEO said that, despite successful efforts to diversify beyond Uggs, Deckers needs to accelerate its efforts.
What's next for Deckers Outdoor?
To move forward more aggressively, Martinez said that Deckers would streamline its organization. Moves of the Sanuk and Ahnu brands will involve closing local offices, and Deckers will create two brand groups going forward. The Fashion Lifestyle group will include Ugg and Koolaburra brands, and Teva, Sanuk, and Hoka One One will go into the Performance Lifestyle category. Deckers also anticipates closing 20 retail store locations, and looking for other opportunities to cut costs, with the goal of producing $35 million in annual savings.
Deckers also lowered its guidance for the full year. The new revenue target of $1.86 billion is $100 million less than previously estimated, and even the constant-currency projection of $1.91 billion is less than investors expected. The downgrade in adjusted earnings to $5.15 per share is just a $0.03 reduction, but the GAAP expectation for $4.49 would be more than a quarter per share less than the current consensus forecast among investors.
Deckers investors were stunned by the results, and the stock fell more than 10% in after-hours trading following the announcement. Given the company's continued reliance on Uggs, Deckers has a lot of work to do to diversify its sales, and avoid a potential catastrophe in the future if the sheepskin boots go out of style.
The next billion-dollar iSecret
The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here .
The article Deckers Drops After Holiday Revenue, Guidance Fall Short originally appeared on Fool.com.
Dan Caplinger has no position in any stocks mentioned. The Motley Fool recommends Deckers Outdoor. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. 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.
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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Coming into Thursday's fiscal third-quarter financial report, Deckers investors wanted to see that the company was on track to continue growing at least at a moderate pace. Even though Deckers managed to exceed investor expectations on earnings, its lagging sales and downbeat guidance for 2016 made shareholders think twice about the stock's value proposition, even at a depressed price. Given the company's continued reliance on Uggs, Deckers has a lot of work to do to diversify its sales, and avoid a potential catastrophe in the future if the sheepskin boots go out of style.
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Deckers feels the pinch Deckers Outdoor's fiscal third-quarter results were mixed in the eyes of most investors. Image: Deckers. The holidays are a key season for any consumer goods company, and Deckers Outdoor depends on a successful gift-giving season to support its business.
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Even though Deckers managed to exceed investor expectations on earnings, its lagging sales and downbeat guidance for 2016 made shareholders think twice about the stock's value proposition, even at a depressed price. Deckers feels the pinch Deckers Outdoor's fiscal third-quarter results were mixed in the eyes of most investors. Image: Deckers.
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Deckers feels the pinch Deckers Outdoor's fiscal third-quarter results were mixed in the eyes of most investors. The Motley Fool recommends Deckers Outdoor. Image: Deckers.
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45f5f18d-663f-4214-b44e-bb94be05941b
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724570.0
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2016-02-02 00:00:00 UTC
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Can Deckers Outdoor Start 2016 on the Right Foot?
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DECK
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https://www.nasdaq.com/articles/can-deckers-outdoor-start-2016-right-foot-2016-02-02
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nan
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nan
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Image: Deckers Outdoor.
Footwear and apparel specialist Deckers Outdoor finds itself in a tough market environment right now. The rise of athletic apparel for all-purpose use has put companies like Under Armour in position to take maximum advantage of current fashions, and that has left the maker of the Ugg brand in a position in which it has to work to sustain its past popularity. With the company set to report its fiscal third-quarter financial results on Thursday, Deckers investors want to see the company show signs of regaining some of its lost momentum. Let's take a closer look at what's been happening with Deckers Outdoor lately and what investors should expect in the future.
Stats on Deckers Outdoor
Source: Yahoo! Finance.
Can Deckers Outdoor earnings climb higher?
In recent months, investors have worried a lot more about Deckers Outdoor's earnings prospects. Projections for the fiscal third quarter have fallen by more than $0.20 per share, and that has pulled down expectations both for the current fiscal year and fiscal 2017 by 5% to 10%. The stock has struggled as well, falling another 3% since late October.
Deckers Outdoor's fiscal third-quarter results in October actually defied the pessimism that many investors had about the footwear specialist. Deckers posted revenue growth of more than 5%, and although net income fell slightly, the company topped the earnings expectations that investors had set. Ugg sales rose, although Deckers' Teva brand suffered double-digit percentage declines. Comparable sales in its direct-to-consumer channel fell more than 5%, showing the dependence that Deckers still has on wholesale and distributor sales for its success.
Yet concerns about the particularly warm weather this winter threw cold water on the optimism following Deckers Outdoor's financial report. Ugg sheepskin boots seem tailor-made for cold weather, but the overall lack of snow in the eastern part of the U.S. throughout December made some investors nervous about the need for retailers to discount Uggs. In addition, sentiment among retailers generally suffered during the holiday season, and that could have spelled even more trouble for Deckers in trying to cater to fashion-conscious shoppers.
However, Deckers is answering the call to innovation. Just as Under Armour has made a smart move into footwear to capitalize on the popularity of its apparel offerings, Deckers chose to offer a new line of Uggs that have a slimmer fit. Opportunistically refreshing a proven brand name is a business model that many successful companies have used to keep generating profits with new product ideas, and in particular, the new Uggs could offer a look that the somewhat clunky older boots lack.
In the Deckers Outdoor earnings report, investors should look closely at the inventory numbers that the company posts. In past challenging years, Deckers has sometimes made the mistake of trying to protect profit margins at the expense of not getting products out the door, and that has led to an overhang of extra inventory that prevented the company from moving forward. Now, if Deckers wants to keep innovating, the best move is for it to accept discounted prices and the margin reduction that they'll bring to make room for new, more stylist products. If it can prepare itself for a brighter future, then Deckers should be able to emerge from the holiday season stronger than ever.
The next billion-dollar iSecret
The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here .
The article Can Deckers Outdoor Start 2016 on the Right Foot? originally appeared on Fool.com.
Dan Caplinger has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Under Armour. The Motley Fool recommends Deckers Outdoor. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2016 The Motley Fool, LLC. All rights reserved. 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.
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 posted revenue growth of more than 5%, and although net income fell slightly, the company topped the earnings expectations that investors had set. In past challenging years, Deckers has sometimes made the mistake of trying to protect profit margins at the expense of not getting products out the door, and that has led to an overhang of extra inventory that prevented the company from moving forward. Image: Deckers Outdoor.
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With the company set to report its fiscal third-quarter financial results on Thursday, Deckers investors want to see the company show signs of regaining some of its lost momentum. Deckers Outdoor's fiscal third-quarter results in October actually defied the pessimism that many investors had about the footwear specialist. In the Deckers Outdoor earnings report, investors should look closely at the inventory numbers that the company posts.
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With the company set to report its fiscal third-quarter financial results on Thursday, Deckers investors want to see the company show signs of regaining some of its lost momentum. In the Deckers Outdoor earnings report, investors should look closely at the inventory numbers that the company posts. The Motley Fool recommends Deckers Outdoor.
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Image: Deckers Outdoor. With the company set to report its fiscal third-quarter financial results on Thursday, Deckers investors want to see the company show signs of regaining some of its lost momentum. In the Deckers Outdoor earnings report, investors should look closely at the inventory numbers that the company posts.
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206741af-1e41-48fd-bd11-65b0183a20af
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724571.0
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2016-02-01 00:00:00 UTC
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Deckers' (DECK) Q3 Earnings in Focus: What to Expect?
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DECK
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https://www.nasdaq.com/articles/deckers-deck-q3-earnings-in-focus%3A-what-to-expect-2016-02-01
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nan
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nan
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Deckers Outdoor Corp.DECK , a leading designer, producer, and brand manager of innovative, niche footwear and accessories, is slated to report third-quarter fiscal 2016 results on Feb 4. The big question facing investors is, whether the company will be able to deliver a positive earnings surprise in the quarter to be reported. In the second and first quarters, the company outperformed the Zacks Consensus Estimate by 3.7% and 5.3%, respectively. Let's see how things are shaping up for this announcement.
Zacks Model Shows Unlikely Earnings Beat
Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. Deckers has an Earnings ESP of -1.46% as the Most Accurate estimate stands at $4.72, while the Zacks Consensus Estimate is pegged at $4.79. Moreover, the company carries a Zacks Rank #4 (Sell).
We caution against stocks with a Zacks Rank #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Factors Influencing this Quarter
Although Deckers recorded better-than-expected second-quarter fiscal 2016 bottom-line results, it delivered a subdued gross margin performance. Consequently, its quarterly earnings of $1.11 per share declined 5.1% year over year. While UGG and HOKA ONE ONE brands registered sales growth, softness prevailed across the Teva and Sanuk brands.
Management expects gross margin to remain under pressure during the third quarter as well as fiscal 2016 due to a stronger U.S. dollar. Moreover, analysts covering the stock are not constructive about the company's performance in the third quarter as evident from the downtrend in the Zacks Consensus Estimate. Over the past 90 days, the Zacks Consensus Estimate for the third quarter has declined 4.4%.
Stocks Poised to Beat Earnings Estimates
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
Express Inc. EXPR has an Earnings ESP of +1.56% and a Zacks Rank #1 (Strong Buy).
Foot Locker, Inc. FL has an Earnings ESP of +0.89% and a Zacks Rank #2 (Buy).
The Home Depot, Inc. HD has an Earnings ESP of +0.91% and a Zacks Rank #3 (Hold).
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 >>
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
HOME DEPOT (HD): Free Stock Analysis Report
FOOT LOCKER INC (FL): Free Stock Analysis Report
EXPRESS INC (EXPR): Free Stock Analysis Report
DECKERS OUTDOOR (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.
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 , a leading designer, producer, and brand manager of innovative, niche footwear and accessories, is slated to report third-quarter fiscal 2016 results on Feb 4. Factors Influencing this Quarter Although Deckers recorded better-than-expected second-quarter fiscal 2016 bottom-line results, it delivered a subdued gross margin performance. Zacks Model Shows Unlikely Earnings Beat Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter.
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Zacks Model Shows Unlikely Earnings Beat Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter. Click to get this free report HOME DEPOT (HD): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK , a leading designer, producer, and brand manager of innovative, niche footwear and accessories, is slated to report third-quarter fiscal 2016 results on Feb 4.
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Click to get this free report HOME DEPOT (HD): Free Stock Analysis Report FOOT LOCKER INC (FL): Free Stock Analysis Report EXPRESS INC (EXPR): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK , a leading designer, producer, and brand manager of innovative, niche footwear and accessories, is slated to report third-quarter fiscal 2016 results on Feb 4. Zacks Model Shows Unlikely Earnings Beat Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter.
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Deckers has an Earnings ESP of -1.46% as the Most Accurate estimate stands at $4.72, while the Zacks Consensus Estimate is pegged at $4.79. Deckers Outdoor Corp.DECK , a leading designer, producer, and brand manager of innovative, niche footwear and accessories, is slated to report third-quarter fiscal 2016 results on Feb 4. Zacks Model Shows Unlikely Earnings Beat Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter.
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4d61651a-a931-4d98-9550-a1809ad41f74
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724572.0
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2016-01-11 00:00:00 UTC
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Deckers Outdoor Becomes Oversold (DECK)
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-becomes-oversold-deck-2016-01-11
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nan
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nan
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Monday, shares of Deckers Outdoor Corp. (Symbol: DECK) entered into oversold territory, hitting an RSI reading of 28.8, after changing hands as low as $43.01 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 28.4. A bullish investor could look at DECK's 28.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DECK shares:
Looking at the chart above, DECK's low point in its 52 week range is $43.01 per share, with $95.45 as the 52 week high point - that compares with a last trade of $43.18.
Find out what 9 other oversold stocks you need to know about »
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, 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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In trading on Monday, shares of Deckers Outdoor Corp. (Symbol: DECK) entered into oversold territory, hitting an RSI reading of 28.8, after changing hands as low as $43.01 per share. A bullish investor could look at DECK's 28.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DECK shares: Looking at the chart above, DECK's low point in its 52 week range is $43.01 per share, with $95.45 as the 52 week high point - that compares with a last trade of $43.18.
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The chart below shows the one year performance of DECK shares: Looking at the chart above, DECK's low point in its 52 week range is $43.01 per share, with $95.45 as the 52 week high point - that compares with a last trade of $43.18. In trading on Monday, shares of Deckers Outdoor Corp. (Symbol: DECK) entered into oversold territory, hitting an RSI reading of 28.8, after changing hands as low as $43.01 per share. A bullish investor could look at DECK's 28.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Monday, shares of Deckers Outdoor Corp. (Symbol: DECK) entered into oversold territory, hitting an RSI reading of 28.8, after changing hands as low as $43.01 per share. The chart below shows the one year performance of DECK shares: Looking at the chart above, DECK's low point in its 52 week range is $43.01 per share, with $95.45 as the 52 week high point - that compares with a last trade of $43.18. A bullish investor could look at DECK's 28.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Monday, shares of Deckers Outdoor Corp. (Symbol: DECK) entered into oversold territory, hitting an RSI reading of 28.8, after changing hands as low as $43.01 per share. A bullish investor could look at DECK's 28.8 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of DECK shares: Looking at the chart above, DECK's low point in its 52 week range is $43.01 per share, with $95.45 as the 52 week high point - that compares with a last trade of $43.18.
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52654a53-30c3-4c4b-ae81-ce07accb4128
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724573.0
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2016-01-11 00:00:00 UTC
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The Weekly Call: Uggs are Back, and DECK is the Play
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DECK
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https://www.nasdaq.com/articles/weekly-call-uggs-are-back-and-deck-play-2016-01-11
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nan
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nan
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InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips
If you own stocks-any stock-sell calls, generate cash and protect your downside.
If you get called out, buy it back.
If you do not want to be called out, buy back the call you sold and sell another one with a later expiration date.
There is something specific I have in mind…
I'm in Berlin right now. The weather, as expected, is awful. Everyone is wearing boots. I trudged around the city and asked a lot of questions.
Verdict: Uggs are back.
The 10 Best Stocks to Buy for 2016
While the old, standard design still appears to be king, the trendier new styles are helping to boost sales and attract a younger clientele.
The parent company of Ugg, Deckers Outdoor ( DECK ), was savaged but is now relatively stable despite market conditions.
My thought is simple: Buy the shares and, regardless of when you read this, sell the $45 call for this month.
You can make a lot of money in a week.
If you hate selling in-the-money calls, shame on you-but sell the next strike up.
This post originally appeared in mainstreetinvestor.com .
More From InvestorPlace
5 Tech Stocks That Suddenly Look a LOT Sweeter5 Stocks to Sell for January7 Bombed-Out Blue Chips to Sell or Short
The post The Weekly Call: Uggs are Back, and DECK is the Play appeared first on InvestorPlace .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, 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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The parent company of Ugg, Deckers Outdoor ( DECK ), was savaged but is now relatively stable despite market conditions. More From InvestorPlace 5 Tech Stocks That Suddenly Look a LOT Sweeter5 Stocks to Sell for January7 Bombed-Out Blue Chips to Sell or Short The post The Weekly Call: Uggs are Back, and DECK is the Play appeared first on InvestorPlace . The 10 Best Stocks to Buy for 2016 While the old, standard design still appears to be king, the trendier new styles are helping to boost sales and attract a younger clientele.
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More From InvestorPlace 5 Tech Stocks That Suddenly Look a LOT Sweeter5 Stocks to Sell for January7 Bombed-Out Blue Chips to Sell or Short The post The Weekly Call: Uggs are Back, and DECK is the Play appeared first on InvestorPlace . The parent company of Ugg, Deckers Outdoor ( DECK ), was savaged but is now relatively stable despite market conditions. InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you own stocks-any stock-sell calls, generate cash and protect your downside.
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More From InvestorPlace 5 Tech Stocks That Suddenly Look a LOT Sweeter5 Stocks to Sell for January7 Bombed-Out Blue Chips to Sell or Short The post The Weekly Call: Uggs are Back, and DECK is the Play appeared first on InvestorPlace . The parent company of Ugg, Deckers Outdoor ( DECK ), was savaged but is now relatively stable despite market conditions. InvestorPlace InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you own stocks-any stock-sell calls, generate cash and protect your downside.
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More From InvestorPlace 5 Tech Stocks That Suddenly Look a LOT Sweeter5 Stocks to Sell for January7 Bombed-Out Blue Chips to Sell or Short The post The Weekly Call: Uggs are Back, and DECK is the Play appeared first on InvestorPlace . The parent company of Ugg, Deckers Outdoor ( DECK ), was savaged but is now relatively stable despite market conditions. If you get called out, buy it back.
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14d95e17-d129-4ad2-96a8-5664d10c43da
|
724574.0
|
2015-12-21 00:00:00 UTC
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Noteworthy Monday Option Activity: AFAM, MDCO, DECK
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DECK
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https://www.nasdaq.com/articles/noteworthy-monday-option-activity-afam-mdco-deck-2015-12-21
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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 Almost Family Inc (Symbol: AFAM), where a total volume of 390 contracts has been traded thus far today, a contract volume which is representative of approximately 39,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.7% of AFAM's average daily trading volume over the past month, of 70,070 shares. Especially high volume was seen for the $35 strike put option expiring August 19, 2016 , with 220 contracts trading so far today, representing approximately 22,000 underlying shares of AFAM. Below is a chart showing AFAM's trailing twelve month trading history, with the $35 strike highlighted in orange:
Medicines Co (Symbol: MDCO) saw options trading volume of 4,834 contracts, representing approximately 483,400 underlying shares or approximately 53.1% of MDCO's average daily trading volume over the past month, of 911,105 shares. Especially high volume was seen for the $33 strike put option expiring April 15, 2016 , with 2,253 contracts trading so far today, representing approximately 225,300 underlying shares of MDCO. Below is a chart showing MDCO's trailing twelve month trading history, with the $33 strike highlighted in orange:
And Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 5,825 contracts, representing approximately 582,500 underlying shares or approximately 48.2% of DECK's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $52 strike call option expiring December 31, 2015 , with 2,686 contracts trading so far today, representing approximately 268,600 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $52 strike highlighted in orange:
For the various different available expirations for AFAM options , MDCO options , or DECK options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options 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.
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 $52 strike call option expiring December 31, 2015 , with 2,686 contracts trading so far today, representing approximately 268,600 underlying shares of DECK. Below is a chart showing MDCO's trailing twelve month trading history, with the $33 strike highlighted in orange: And Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 5,825 contracts, representing approximately 582,500 underlying shares or approximately 48.2% of DECK's average daily trading volume over the past month, of 1.2 million shares. Below is a chart showing DECK's trailing twelve month trading history, with the $52 strike highlighted in orange: For the various different available expirations for AFAM options , MDCO options , or DECK options , visit StockOptionsChannel.com.
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Below is a chart showing MDCO's trailing twelve month trading history, with the $33 strike highlighted in orange: And Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 5,825 contracts, representing approximately 582,500 underlying shares or approximately 48.2% of DECK's average daily trading volume over the past month, of 1.2 million shares. Below is a chart showing DECK's trailing twelve month trading history, with the $52 strike highlighted in orange: For the various different available expirations for AFAM options , MDCO options , or DECK options , visit StockOptionsChannel.com. Especially high volume was seen for the $52 strike call option expiring December 31, 2015 , with 2,686 contracts trading so far today, representing approximately 268,600 underlying shares of DECK.
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Below is a chart showing MDCO's trailing twelve month trading history, with the $33 strike highlighted in orange: And Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 5,825 contracts, representing approximately 582,500 underlying shares or approximately 48.2% of DECK's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $52 strike call option expiring December 31, 2015 , with 2,686 contracts trading so far today, representing approximately 268,600 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $52 strike highlighted in orange: For the various different available expirations for AFAM options , MDCO options , or DECK options , visit StockOptionsChannel.com.
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Especially high volume was seen for the $52 strike call option expiring December 31, 2015 , with 2,686 contracts trading so far today, representing approximately 268,600 underlying shares of DECK. Below is a chart showing MDCO's trailing twelve month trading history, with the $33 strike highlighted in orange: And Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 5,825 contracts, representing approximately 582,500 underlying shares or approximately 48.2% of DECK's average daily trading volume over the past month, of 1.2 million shares. Below is a chart showing DECK's trailing twelve month trading history, with the $52 strike highlighted in orange: For the various different available expirations for AFAM options , MDCO options , or DECK options , visit StockOptionsChannel.com.
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b94b0516-6563-4ac3-b7bf-001fa14d5dfc
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724575.0
|
2015-12-07 00:00:00 UTC
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Noteworthy Monday Option Activity: EBIX, DECK, AGIO
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DECK
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https://www.nasdaq.com/articles/noteworthy-monday-option-activity-ebix-deck-agio-2015-12-07
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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 Ebix Inc (Symbol: EBIX), where a total volume of 2,451 contracts has been traded thus far today, a contract volume which is representative of approximately 245,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61% of EBIX's average daily trading volume over the past month, of 401,545 shares. Particularly high volume was seen for the $39 strike call option expiring December 18, 2015 , with 1,098 contracts trading so far today, representing approximately 109,800 underlying shares of EBIX. Below is a chart showing EBIX's trailing twelve month trading history, with the $39 strike highlighted in orange:
Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 6,900 contracts thus far today. That number of contracts represents approximately 690,000 underlying shares, working out to a sizeable 57.3% of DECK's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $55 strike call option expiring December 31, 2015 , with 1,608 contracts trading so far today, representing approximately 160,800 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $55 strike highlighted in orange:
And Agios Pharmaceuticals Inc (Symbol: AGIO) options are showing a volume of 2,722 contracts thus far today. That number of contracts represents approximately 272,200 underlying shares, working out to a sizeable 55.3% of AGIO's average daily trading volume over the past month, of 491,995 shares. Particularly high volume was seen for the $55 strike call option expiring February 19, 2016 , with 1,005 contracts trading so far today, representing approximately 100,500 underlying shares of AGIO. Below is a chart showing AGIO's trailing twelve month trading history, with the $55 strike highlighted in orange:
For the various different available expirations for EBIX options , DECK options , or AGIO options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options 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.
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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Particularly high volume was seen for the $55 strike call option expiring December 31, 2015 , with 1,608 contracts trading so far today, representing approximately 160,800 underlying shares of DECK. Below is a chart showing EBIX's trailing twelve month trading history, with the $39 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 6,900 contracts thus far today. That number of contracts represents approximately 690,000 underlying shares, working out to a sizeable 57.3% of DECK's average daily trading volume over the past month, of 1.2 million shares.
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Below is a chart showing EBIX's trailing twelve month trading history, with the $39 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 6,900 contracts thus far today. Below is a chart showing DECK's trailing twelve month trading history, with the $55 strike highlighted in orange: And Agios Pharmaceuticals Inc (Symbol: AGIO) options are showing a volume of 2,722 contracts thus far today. That number of contracts represents approximately 690,000 underlying shares, working out to a sizeable 57.3% of DECK's average daily trading volume over the past month, of 1.2 million shares.
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Below is a chart showing DECK's trailing twelve month trading history, with the $55 strike highlighted in orange: And Agios Pharmaceuticals Inc (Symbol: AGIO) options are showing a volume of 2,722 contracts thus far today. Below is a chart showing EBIX's trailing twelve month trading history, with the $39 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 6,900 contracts thus far today. That number of contracts represents approximately 690,000 underlying shares, working out to a sizeable 57.3% of DECK's average daily trading volume over the past month, of 1.2 million shares.
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Below is a chart showing EBIX's trailing twelve month trading history, with the $39 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) options are showing a volume of 6,900 contracts thus far today. That number of contracts represents approximately 690,000 underlying shares, working out to a sizeable 57.3% of DECK's average daily trading volume over the past month, of 1.2 million shares. Particularly high volume was seen for the $55 strike call option expiring December 31, 2015 , with 1,608 contracts trading so far today, representing approximately 160,800 underlying shares of DECK.
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93fe232c-bda1-4a5b-8b24-3f7764cc037e
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724576.0
|
2015-12-06 00:00:00 UTC
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Why Deckers Outdoor Corp's Stock Dropped in November
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DECK
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https://www.nasdaq.com/articles/why-deckers-outdoor-corps-stock-dropped-november-2015-12-06
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nan
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nan
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What: Shares of Deckers Outdoor Corp fell 12.1% in November, according to Capital IQ data, as investors became worried about the 2015 holiday shopping season.
So what: At the end of October the footwear, apparel, and accessory company reported sales growth of 1.4% and an earnings decline of 11% to $36.4 million in the fiscal second quarter. Sales of the company's flagship UGG brand were up just 0.9% in the quarter, disappointing growth for what should be a hip product company.
There's also uncertainty about what the holiday season will bring for Deckers Outdoor. ShopperTrak said that Black Friday weekend sales were down 10.4% at brick-and-mortar stores, while Adobe 's Digital Index reported that between Thanksgiving Day and Cyber Monday online sales were up 17% to $10.9 billion.
Now what: The data above doesn't paint a particularly bullish or bearish picture for Deckers Outdoor, but there's been a general negative sentiment in the market against retailers over the past month. That's helped push shares lower, and the falling earnings last quarter didn't help.
The holiday quarter will be key for Deckers to show that it can return to both top- and bottom-line growth and prove that the UGG brand is still in style. If it's not, the stock's 11.3 trailing P/E ratio won't be as cheap as it may look today, and the company could be in for a long-term decline.
The next billion-dollar iSecret
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The article Why Deckers Outdoor Corp's Stock Dropped in November originally appeared on Fool.com.
Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends Adobe Systems and Deckers Outdoor. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. 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.
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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What: Shares of Deckers Outdoor Corp fell 12.1% in November, according to Capital IQ data, as investors became worried about the 2015 holiday shopping season. Now what: The data above doesn't paint a particularly bullish or bearish picture for Deckers Outdoor, but there's been a general negative sentiment in the market against retailers over the past month. There's also uncertainty about what the holiday season will bring for Deckers Outdoor.
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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. What: Shares of Deckers Outdoor Corp fell 12.1% in November, according to Capital IQ data, as investors became worried about the 2015 holiday shopping season. There's also uncertainty about what the holiday season will bring for Deckers Outdoor.
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What: Shares of Deckers Outdoor Corp fell 12.1% in November, according to Capital IQ data, as investors became worried about the 2015 holiday shopping season. The Motley Fool recommends Adobe Systems and Deckers Outdoor. There's also uncertainty about what the holiday season will bring for Deckers Outdoor.
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The Motley Fool recommends Adobe Systems and Deckers Outdoor. What: Shares of Deckers Outdoor Corp fell 12.1% in November, according to Capital IQ data, as investors became worried about the 2015 holiday shopping season. There's also uncertainty about what the holiday season will bring for Deckers Outdoor.
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fd819b16-e7cf-4c9b-898d-673dcbd19d2f
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724577.0
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2015-11-02 00:00:00 UTC
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Deckers Outdoor (DECK) Catches Eye: Stock Up 7.1%
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-deck-catches-eye%3A-stock-up-7.1-2015-11-02
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nan
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nan
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Deckers Outdoor Corp.DECK was a big mover last session, as the company saw its shares rise over 7% on the day. The company posted better-than-expected second-quarter fiscal 2016 earnings, which led to solid volume too with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $50.75 to $62.16 in the past one-month time frame, showed a pick-up yesterday at $55.66.
The company has seen 2 positive estimate revisions in the past one month, while its Zacks Consensus Estimate moved higher over the same period, suggesting that more solid trading could be ahead. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Deckers Outdoor currently has a Zacks Rank #3 (Hold).
Is DECK going up? Or down? Predict to see what others think: Up or Down
An attractive stock in the same industry worth considering includes NIKE, Inc. NKE carrying a Zacks Rank #1 (Strong Buy).
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 >>
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-B (NKE): Free Stock Analysis Report
DECKERS OUTDOOR (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.
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 was a big mover last session, as the company saw its shares rise over 7% on the day. Deckers Outdoor currently has a Zacks Rank #3 (Hold). Is DECK going up?
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK was a big mover last session, as the company saw its shares rise over 7% on the day. Deckers Outdoor currently has a Zacks Rank #3 (Hold).
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK was a big mover last session, as the company saw its shares rise over 7% on the day. Deckers Outdoor currently has a Zacks Rank #3 (Hold).
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Deckers Outdoor Corp.DECK was a big mover last session, as the company saw its shares rise over 7% on the day. Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor currently has a Zacks Rank #3 (Hold).
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dce87765-079f-41e8-829a-75ca78972ed5
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724578.0
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2015-10-30 00:00:00 UTC
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Noteworthy Friday Option Activity: FRGI, DECK, AWAY
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DECK
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https://www.nasdaq.com/articles/noteworthy-friday-option-activity-frgi-deck-away-2015-10-30
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nan
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nan
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Fiesta Restaurant Group, Inc (Symbol: FRGI), where a total of 4,172 contracts have traded so far, representing approximately 417,200 underlying shares. That amounts to about 142% of FRGI's average daily trading volume over the past month of 293,710 shares. Particularly high volume was seen for the $40 strike put option expiring November 20, 2015 , with 2,173 contracts trading so far today, representing approximately 217,300 underlying shares of FRGI. Below is a chart showing FRGI's trailing twelve month trading history, with the $40 strike highlighted in orange:
Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 6,719 contracts, representing approximately 671,900 underlying shares or approximately 83.2% of DECK's average daily trading volume over the past month, of 807,165 shares. Particularly high volume was seen for the $61 strike call option expiring October 30, 2015 , with 294 contracts trading so far today, representing approximately 29,400 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $61 strike highlighted in orange:
And HomeAway, Inc. (Symbol: AWAY) options are showing a volume of 6,859 contracts thus far today. That number of contracts represents approximately 685,900 underlying shares, working out to a sizeable 65.8% of AWAY's average daily trading volume over the past month, of 1.0 million shares. Especially high volume was seen for the $36 strike call option expiring November 20, 2015 , with 2,533 contracts trading so far today, representing approximately 253,300 underlying shares of AWAY. Below is a chart showing AWAY's trailing twelve month trading history, with the $36 strike highlighted in orange:
For the various different available expirations for FRGI options , DECK options , or AWAY options , visit StockOptionsChannel.com.
Today's Most Active Call & Put Options 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.
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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Particularly high volume was seen for the $61 strike call option expiring October 30, 2015 , with 294 contracts trading so far today, representing approximately 29,400 underlying shares of DECK. Below is a chart showing FRGI's trailing twelve month trading history, with the $40 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 6,719 contracts, representing approximately 671,900 underlying shares or approximately 83.2% of DECK's average daily trading volume over the past month, of 807,165 shares. Below is a chart showing DECK's trailing twelve month trading history, with the $61 strike highlighted in orange: And HomeAway, Inc. (Symbol: AWAY) options are showing a volume of 6,859 contracts thus far today.
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Below is a chart showing FRGI's trailing twelve month trading history, with the $40 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 6,719 contracts, representing approximately 671,900 underlying shares or approximately 83.2% of DECK's average daily trading volume over the past month, of 807,165 shares. Below is a chart showing DECK's trailing twelve month trading history, with the $61 strike highlighted in orange: And HomeAway, Inc. (Symbol: AWAY) options are showing a volume of 6,859 contracts thus far today. Particularly high volume was seen for the $61 strike call option expiring October 30, 2015 , with 294 contracts trading so far today, representing approximately 29,400 underlying shares of DECK.
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Below is a chart showing FRGI's trailing twelve month trading history, with the $40 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 6,719 contracts, representing approximately 671,900 underlying shares or approximately 83.2% of DECK's average daily trading volume over the past month, of 807,165 shares. Particularly high volume was seen for the $61 strike call option expiring October 30, 2015 , with 294 contracts trading so far today, representing approximately 29,400 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $61 strike highlighted in orange: And HomeAway, Inc. (Symbol: AWAY) options are showing a volume of 6,859 contracts thus far today.
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Below is a chart showing FRGI's trailing twelve month trading history, with the $40 strike highlighted in orange: Deckers Outdoor Corp. (Symbol: DECK) saw options trading volume of 6,719 contracts, representing approximately 671,900 underlying shares or approximately 83.2% of DECK's average daily trading volume over the past month, of 807,165 shares. Particularly high volume was seen for the $61 strike call option expiring October 30, 2015 , with 294 contracts trading so far today, representing approximately 29,400 underlying shares of DECK. Below is a chart showing DECK's trailing twelve month trading history, with the $61 strike highlighted in orange: And HomeAway, Inc. (Symbol: AWAY) options are showing a volume of 6,859 contracts thus far today.
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89e76ffc-d6fc-4785-aaa5-488dbe314ce8
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724579.0
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2015-10-30 00:00:00 UTC
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Deckers Jumps on Hopes for a Turnaround
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DECK
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https://www.nasdaq.com/articles/deckers-jumps-hopes-turnaround-2015-10-30
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nan
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nan
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Image source: Deckers Outdoor.
The footwear business is one where fashions come in and out of style, and lately, Deckers Outdoor has suffered from concerns that its brands might be on the way out. Just as Crocs went through a stratospheric rise before falling back to earth, so too has Deckers and its Ugg brand of sheepskin footwear started to wane from its once-dominant position in the fashion world.
Coming into its fiscal second-quarter financial report, Deckers investors were looking to see a big slowdown in revenue growth and slight declines in earnings. Yet the company actually did better than expected, posting stronger sales and managing to minimize the damage to its bottom line. Let's take a closer look at what Deckers Outdoor told investors this quarter to see whether the share-price surge after its announcement makes sense.
For Deckers, the shoe fits
Deckers Outdoor's fiscal second-quarter results were quite impressive compared to the downbeat outlook that most investors had. Revenue rose 5.4% to $506.2 million, easily topping the $487 million in sales that analysts expected to see. Net income slid 3% to $36.3 million, but earnings of $1.12 per share were $0.06 better than the consensus forecast among investors.
Looking more closely at Deckers' results, the Ugg brand continues to drive the entire business, bringing in almost 85% of the company's total revenue. Ugg sales rose 0.9% during the fiscal second quarter, with the strong dollar costing the company more than four percentage points of potential growth. Domestic wholesale sales rose, which was the primary contributor to the segment's overall gains, but global direct-to-consumer sales dropped because of the strong dollar's influence in reducing tourist traffic within U.S. borders.
Meanwhile, Deckers' other major brands generally performed much worse. Sales of the Teva brand dropped almost 14%, with global wholesale and distributor sales falling sharply. The Sanuk brand had revenue decline by 9%, with rising global direct-to-consumer sales unable to offset a larger drop in global wholesale sales. The Hoka One One brand was the lone standout, helping to send sales in Deckers' Other Brands category up 30% for the quarter.
From a channel perspective, Deckers still got most of its revenue from wholesale and distributor sales, which rose 1.2% for the quarter. The direct-to-consumer channel enjoyed slightly faster growth of 2.1%, but comparable sales were down 5.2% compared to the year-ago quarter. Geographically, U.S. sales rose 4%, while international sales dropped 3%, but the drop was entirely due to 10 percentage points of currency pressure.
CEO Angel Martinez celebrated Deckers' positive results. "I'm very pleased with our current performance," Martinez said, "which wouldn't have been possible without the strategic investment we've made in key areas of the business over the past several years." He also pointed to its product innovation and its channel development efforts as helping to build up growth momentum even through some tough times for the company.
Can Deckers Outdoor turn things around?
Deckers' future guidance was mixed but generally favorable. For the full 2016 fiscal year, revenue of $1.96 billion would represent 8% growth and is slightly higher than investors expect. Earnings of $5.18 per share would also be slightly ahead of the current consensus forecast. Deckers' fiscal third-quarter guidance was a bit weaker than most expected, with the company projecting earnings of $5 per share compared to the $5.22 analyst estimate. Yet for the fiscal fourth quarter, Deckers sees its results holding up better than most expect.
Deckers has also been putting money toward stock repurchases. It bought back 354,000 shares of stock during the fiscal second quarter, spending $23.8 million to buy shares at an average price of just over $67 per share. That's substantially above the current stock price, but it has more than $100 million left in its current repurchase program for future use if it wants.
The real question going forward for Deckers is whether it can go beyond its Ugg brand to have further successes. What hurt Crocs was its inability to keep innovating, although the company did eventually bounce back somewhat as it found ways to come out with new products. Excitement about Hoka One One running shoes could be a catalyst toward further growth, but moving from a stylish fashion shoe like Ugg to an athletic shoe like Hoka One One is a substantial leap that might not bring as much business into the Deckers fold.
Deckers investors were happy about the results, sending the stock soaring 14% after the announcement. To justify that jump, Deckers will have to keep delivering strong results in the holiday season and beyond, but if it does, a true turnaround might actually be taking place.
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The article Deckers Jumps on Hopes for a Turnaround originally appeared on Fool.com.
Dan Caplinger has no position in any stocks mentioned. The Motley Fool owns shares of Crocs. The Motley Fool recommends Deckers Outdoor. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. 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.
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 as Crocs went through a stratospheric rise before falling back to earth, so too has Deckers and its Ugg brand of sheepskin footwear started to wane from its once-dominant position in the fashion world. Coming into its fiscal second-quarter financial report, Deckers investors were looking to see a big slowdown in revenue growth and slight declines in earnings. Deckers' fiscal third-quarter guidance was a bit weaker than most expected, with the company projecting earnings of $5 per share compared to the $5.22 analyst estimate.
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For Deckers, the shoe fits Deckers Outdoor's fiscal second-quarter results were quite impressive compared to the downbeat outlook that most investors had. Image source: Deckers Outdoor. The footwear business is one where fashions come in and out of style, and lately, Deckers Outdoor has suffered from concerns that its brands might be on the way out.
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For Deckers, the shoe fits Deckers Outdoor's fiscal second-quarter results were quite impressive compared to the downbeat outlook that most investors had. The Hoka One One brand was the lone standout, helping to send sales in Deckers' Other Brands category up 30% for the quarter. Deckers' fiscal third-quarter guidance was a bit weaker than most expected, with the company projecting earnings of $5 per share compared to the $5.22 analyst estimate.
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For Deckers, the shoe fits Deckers Outdoor's fiscal second-quarter results were quite impressive compared to the downbeat outlook that most investors had. Image source: Deckers Outdoor. The footwear business is one where fashions come in and out of style, and lately, Deckers Outdoor has suffered from concerns that its brands might be on the way out.
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78639f96-29da-418f-80ba-26547b109335
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724580.0
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2015-10-30 00:00:00 UTC
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Deckers' (DECK) Q2 Earnings Beat Estimates, Decline Y/Y
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DECK
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https://www.nasdaq.com/articles/deckers-deck-q2-earnings-beat-estimates-decline-y-y-2015-10-30
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nan
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nan
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Deckers Outdoor CorporationDECK posted second-quarter fiscal 2016 earnings of $1.11 per share that came in ahead of the Zacks Consensus Estimate of $1.07. The better-than-expected bottom-line results for the second straight quarter in the fiscal provided much impetus to the stock that surged roughly 14% during after-market trading hours yesterday. However, subdued gross margin performance led to a 5.1% year-over-year decline in earnings per share.
Deckers Outdoor Corporation (DECK) - Earnings Surprise | FindTheCompany
The company recorded net sales of $486.9 million, almost in line with the Zacks Consensus Estimate of $486 million, and up 1.4% year over year, buoyed by healthy performance of its UGG and HOKA ONE ONE brands. This improvement, however, was offset by sluggish performance across the Teva and Sanuk brands. On a constant currency basis, net sales jumped 5.4% to $506.2 million.
During the reported quarter, the company's domestic sales grew 4.3% to $301.6 million. On the contrary, international sales declined 3.1% to $185.3 million, but grew 7.1% to $204.6 million on a constant currency basis.
Direct-to-Consumer sales rose 2.1% to $86.6 million, while on a constant currency basis, sales improved 7.5% on the back of Direct-to-Consumer growth in the Hoka, Sanuk and Teva brands. Direct-to-Consumer comparable sales dropped 5.2% year over year largely due to lower tourist traffic in the U.S. owing to a stronger dollar.
Gross profit tumbled 4.4% to $214.1 million in the quarter, whereas gross margin contracted 260 basis points (bps) to 44% due to unfavorable currency fluctuations.
Brand-wise Discussion
The UGG brand's net sales inched up 0.9% to $421.1 million. On a constant currency basis, sales jumped 5.3%. Sales grew on account of higher domestic wholesale sales, partly offset by a decline in Direct-to-Consumer sales globally.
The Teva brand's net sales plunged 13.6% to $17.9 million, while on a constant currency basis, the same declined 11.8% due to a fall in global wholesale and distributor sales.
Sales for the Sanuk brand, known for its exclusive sandals and shoes, were $17.3 million, down 9% from the year-ago quarter. The decline in sales was due to a fall in wholesale sales worldwide, partially offset by higher Direct-to-Consumer sales globally.
Combined net sales of Deckers' Other brands for the quarter came in at $30.6 million, soaring 30.5% year over year, primarily on the back of the company's HOKA ONE ONE brand that witnessed sales growth of $6.9 million.
Store Update
Deckers, the designer, producer and brand manager of footwear and accessories, aims to open 11 net new outlets during fiscal 2016 compared with 30 stores opened in fiscal 2015. The company also plans to open 15 pop-up stores worldwide and 26 partner doors in China. During the quarter, the company closed 3 stores. As of Sep 30, 2015, there were 145 company-owned stores.
Other Financial Aspects
Deckers ended the quarter with cash and cash equivalents of $99.8 million, short-term borrowings of $316.8 million, and shareholders' equity of $864.5 million. Inventories jumped 23.5% year over year to $595 million. Management incurred capital expenditures of $19.6 million during the quarter.
During the quarter, Deckers bought back approximately 354,000 shares at a price of $67.18 per share, aggregating $23.8 million. As of Sep 30, 2015, the company still had $102.9 million remaining under its $200 million stock repurchase authorization announced in Jan 2015.
Guidance
Management now projects total revenue growth of 10.5%, on a constant currency basis, to $2.01 billion for fiscal 2016. On a reported basis, revenue is expected to increase 8% to $1.96 billion.
Gross margin for fiscal 2016 is estimated to contract 30 bps to approximately 48% on account of a strong U.S. dollar, partly offset by a fall in input costs and positive changes in the channel mix.
Management now projects earnings for fiscal 2016 to rise 23%, on a constant currency basis, to $5.73 per share, while on a reported basis, earnings per share are expected to be $5.18, reflecting a year-over-year increase of 11.2%. The company raised its earnings per share outlook from $5.15 projected earlier owing to shares bought back in the quarter under review.
For the third quarter of fiscal 2016, Deckers envisions revenue to rise 11% on a constant currency basis and 9% on a reported basis.
Management also expects third-quarter earnings of approximately $5.00 per share on a reported basis. On a constant currency basis, earnings are projected to be $5.23 per share, reflecting growth of approximately 16%.
The company estimates gross margins to be approximately 52% during the third quarter compared with 52.9% in the year-ago period.
Management envisions fourth-quarter fiscal 2016 revenue to increase approximately 18% on a reported basis, and anticipates earnings of about 57 cents a share.
Zacks Rank
Deckers currently carries a Zacks Rank #4 (Sell). Better-ranked stocks in the retail sector include NIKE, Inc. NKE , Foot Locker, Inc. FL and Vera Bradley, Inc. VRA , all sporting a Zacks Rank #1 (Strong Buy).
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NIKE INC-B (NKE): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
FOOT LOCKER INC (FL): Get Free Report
VERA BRADLEY (VRA): Free Stock Analysis Report
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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.
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 CorporationDECK posted second-quarter fiscal 2016 earnings of $1.11 per share that came in ahead of the Zacks Consensus Estimate of $1.07. Deckers Outdoor Corporation (DECK) - Earnings Surprise | FindTheCompany The company recorded net sales of $486.9 million, almost in line with the Zacks Consensus Estimate of $486 million, and up 1.4% year over year, buoyed by healthy performance of its UGG and HOKA ONE ONE brands. Combined net sales of Deckers' Other brands for the quarter came in at $30.6 million, soaring 30.5% year over year, primarily on the back of the company's HOKA ONE ONE brand that witnessed sales growth of $6.9 million.
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FOOT LOCKER INC (FL): Get Free Report VERA BRADLEY (VRA): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor CorporationDECK posted second-quarter fiscal 2016 earnings of $1.11 per share that came in ahead of the Zacks Consensus Estimate of $1.07. Deckers Outdoor Corporation (DECK) - Earnings Surprise | FindTheCompany The company recorded net sales of $486.9 million, almost in line with the Zacks Consensus Estimate of $486 million, and up 1.4% year over year, buoyed by healthy performance of its UGG and HOKA ONE ONE brands.
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Deckers Outdoor Corporation (DECK) - Earnings Surprise | FindTheCompany The company recorded net sales of $486.9 million, almost in line with the Zacks Consensus Estimate of $486 million, and up 1.4% year over year, buoyed by healthy performance of its UGG and HOKA ONE ONE brands. Combined net sales of Deckers' Other brands for the quarter came in at $30.6 million, soaring 30.5% year over year, primarily on the back of the company's HOKA ONE ONE brand that witnessed sales growth of $6.9 million. Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report FOOT LOCKER INC (FL): Get Free Report VERA BRADLEY (VRA): Free Stock Analysis Report To read this article on Zacks.com click here.
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Deckers Outdoor CorporationDECK posted second-quarter fiscal 2016 earnings of $1.11 per share that came in ahead of the Zacks Consensus Estimate of $1.07. Deckers Outdoor Corporation (DECK) - Earnings Surprise | FindTheCompany The company recorded net sales of $486.9 million, almost in line with the Zacks Consensus Estimate of $486 million, and up 1.4% year over year, buoyed by healthy performance of its UGG and HOKA ONE ONE brands. Combined net sales of Deckers' Other brands for the quarter came in at $30.6 million, soaring 30.5% year over year, primarily on the back of the company's HOKA ONE ONE brand that witnessed sales growth of $6.9 million.
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9428d68b-a954-45ac-88e6-2a0ff5a175b1
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724581.0
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2015-10-29 00:00:00 UTC
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Earnings Reaction History: Deckers Outdoor Corporation, 66.7% Follow-Through Indicator, 10.6% Sensitive
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DECK
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https://www.nasdaq.com/articles/earnings-reaction-history-deckers-outdoor-corporation-667-follow-through-indicator-106
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nan
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Expected Earnings Release: 10/29/2015, After-hours
Avg. Extended-Hours Dollar Volume: $17,782,309
Deckers Outdoor Corporation ( DECK ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in DECK indicates that the price change in the extended hours is likely to be of significant value in forecasting additional price movement by the following regular session close.
Last 12 Qtrs Positive Only Price Reactions
Percent of time added to extended-hours gains: 50%
Average next regular session additional gain: 7.1%
Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 7.1%.
Last 12 Qtrs Negative Only Price Reactions
Percent of time added to extended-hours losses: 80%
Average next regular session additional loss: 5.1%
Over that same historical period, when shares of DECK dropped in the extended-hours in reaction to its earnings announcement, history shows that 80.0% of the time (4 events) the stock dropped further, adding to the extended-hours losses by an average of 5.1% by the following regular session close.
Data provided by the MT Pro service at MTNewswires.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
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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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 7.1% Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 7.1%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 80% Average next regular session additional loss: 5.1% Over that same historical period, when shares of DECK dropped in the extended-hours in reaction to its earnings announcement, history shows that 80.0% of the time (4 events) the stock dropped further, adding to the extended-hours losses by an average of 5.1% by the following regular session close. Extended-Hours Dollar Volume: $17,782,309 Deckers Outdoor Corporation ( DECK ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Historical earnings event related premarket and after-hours trading activity in DECK indicates that the price change in the extended hours is likely to be of significant value in forecasting additional price movement by the following regular session close. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 7.1% Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 7.1%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 80% Average next regular session additional loss: 5.1% Over that same historical period, when shares of DECK dropped in the extended-hours in reaction to its earnings announcement, history shows that 80.0% of the time (4 events) the stock dropped further, adding to the extended-hours losses by an average of 5.1% by the following regular session close.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 7.1% Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 7.1%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 80% Average next regular session additional loss: 5.1% Over that same historical period, when shares of DECK dropped in the extended-hours in reaction to its earnings announcement, history shows that 80.0% of the time (4 events) the stock dropped further, adding to the extended-hours losses by an average of 5.1% by the following regular session close. Extended-Hours Dollar Volume: $17,782,309 Deckers Outdoor Corporation ( DECK ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Extended-Hours Dollar Volume: $17,782,309 Deckers Outdoor Corporation ( DECK ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Historical earnings event related premarket and after-hours trading activity in DECK indicates that the price change in the extended hours is likely to be of significant value in forecasting additional price movement by the following regular session close. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 7.1% Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 7.1%.
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7fbcb533-ad0b-4739-8a90-51b595fdb964
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724582.0
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2015-10-19 00:00:00 UTC
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What's in Store for Deckers Outdoor (DECK) in Q2 Earnings?
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DECK
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https://www.nasdaq.com/articles/whats-in-store-for-deckers-outdoor-deck-in-q2-earnings-2015-10-19
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nan
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nan
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Deckers Outdoor Corp.DECK , a leading designer, producer, and brand manager of innovative, niche footwear and accessories, is expected to report second-quarter fiscal 2016 results on Oct 22, 2015. Last quarter, the company posted a positive earnings surprise of 5.3%. Let us see how things are developing for this announcement.
Factors Influencing This Quarter
Deckers delivered a weak performance in the last quarter, with the bottom line declining year over year and the top line falling short of the estimates. Higher expenses and sluggish performance across the UGG and Sanuk brands were the main reasons behind this slump.
Moreover, due to high exposure to international markets, Deckers remains prone to currency fluctuations. Therefore, the weakening of foreign currencies against the U.S. dollar may pressure the company's margins.
Further, Deckers now expects earnings in the second-quarter of fiscal 2016 to be approximately $1.05 per share on a reported basis, reflecting a decline of 10.3% year over year. However, the company expects revenues to increase 1% on a reported basis.
Hence, Management's subdued earnings outlook for second-quarter fiscal 2016 compared with the year-ago quarter figure, makes us cautious on the stock performance in the quarter to be reported.
Earnings Whispers
Our proven model does not conclusively show that Deckers is likely to beat estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here, as you will see below:
Zacks ESP: ESP for Deckers is 0.00%. This is because both the Most Accurate Estimate and the Zacks Consensus Estimate are at $1.07.
Zacks Rank: Deckers carries a Zacks Rank #3 (Hold). Though a Zacks Rank #3 increases the predictive power of ESP, the company's ESP of 0.00% makes surprise prediction difficult.
We caution against stocks with a Zacks Rank #4 and #5 (Sell-rated stocks) going into an earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks That Warrant a Look
Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:
American Eagle Outfitters, Inc. AEO has an Earnings ESP of +10.00% and a Zacks Rank #2 (Buy).
L Brands, Inc. LB has an Earnings ESP of +2.08% and a Zacks Rank #3.
The Children's Place, Inc. PLCE has an Earnings ESP of +1.54% and a Zacks Rank #3.
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AMER EAGLE OUTF (AEO): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
CHILDRENS PLACE (PLCE): Free Stock Analysis Report
L BRANDS INC (LB): 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.
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 , a leading designer, producer, and brand manager of innovative, niche footwear and accessories, is expected to report second-quarter fiscal 2016 results on Oct 22, 2015. Moreover, due to high exposure to international markets, Deckers remains prone to currency fluctuations. Factors Influencing This Quarter Deckers delivered a weak performance in the last quarter, with the bottom line declining year over year and the top line falling short of the estimates.
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Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CHILDRENS PLACE (PLCE): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK , a leading designer, producer, and brand manager of innovative, niche footwear and accessories, is expected to report second-quarter fiscal 2016 results on Oct 22, 2015. Factors Influencing This Quarter Deckers delivered a weak performance in the last quarter, with the bottom line declining year over year and the top line falling short of the estimates.
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Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CHILDRENS PLACE (PLCE): Free Stock Analysis Report L BRANDS INC (LB): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK , a leading designer, producer, and brand manager of innovative, niche footwear and accessories, is expected to report second-quarter fiscal 2016 results on Oct 22, 2015. Factors Influencing This Quarter Deckers delivered a weak performance in the last quarter, with the bottom line declining year over year and the top line falling short of the estimates.
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Deckers Outdoor Corp.DECK , a leading designer, producer, and brand manager of innovative, niche footwear and accessories, is expected to report second-quarter fiscal 2016 results on Oct 22, 2015. Factors Influencing This Quarter Deckers delivered a weak performance in the last quarter, with the bottom line declining year over year and the top line falling short of the estimates. Moreover, due to high exposure to international markets, Deckers remains prone to currency fluctuations.
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c0adc3ce-5f95-46db-bd59-9a82088b2d50
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724583.0
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2015-10-18 00:00:00 UTC
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3 Stocks That Should Make Huge Moves This Week
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DECK
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https://www.nasdaq.com/articles/3-stocks-should-make-huge-moves-week-2015-10-18
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nan
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If you aren't prepared, this is how you could feel by the week's end. Photo: Alex Proimos , via Wikimedia Commons.
Got volatility?
Whether you want it or not, if you own one of the three stocks discussed below, it's headed your way. That's because I've found a way to predict the week's big movers on Wall Street before they make their moves. I do this by looking for stocks that are heavily shorted, and are reporting earnings.
When these two variables combine, volatility is almost always the result. If you don't believe me, just check out the three stocks I highlighted earlier this month, which moved an average of 15% following their respective releases.
But I don't think you should try and make a quick buck based on this information. That's because there's no telling if these stocks are going up or down. Instead, I think current shareholders should read below to figure out what's short-term noise, and what's really worth worrying about.
Deckers
Though the company owns a number of different footwear brands, none is more important than its line of Uggs boots. Over the short term, here are the numbers that analysts will be focused on.
Source: E*Trade.
Investors are shorting the company's stock for two big reasons. First, demand for Uggs has been lighter than is historically normal lately, and that has some believing that the boots may be a fad. I'd be careful to read too much into this, though, as Uggs have been around for a long time. If they are indeed a fad, they are one of the longest-lasting ones in the fashion industry.
Furthermore, the price of sheepskin has crimped margins lately. This is something management doesn't have much control over. Investors should actually be heartened by the fact that CEO Angel Martinez refuses to use cheaper alternatives to make a short-term profit. He knows it would ruin the company's brand.
Over the medium term, expectations for the holiday quarter will be crucial. The company does the lion's share of its business during the winter. Expectations are currently set for $5.28 in EPS on $856 million in sales.
Long-term investors should focus on the success of the company's direct-to-consumer (DTC) line. With better margins than retail locations, this business segment could represent a significant part of Decker's future profitability.
Proto Labs
My best guess is that Proto Labs is heavily shorted because it's so closely associated with 3-D printing companies -- which have plummeted during the past year. Unlike those who manufacture these printers, however, Proto Labs simply provides 3-D printing services for customers who don't want to buy the printers themselves.
Over the short term, here's what analysts will be watching
Source: E*Trade.
The two things that long-term investors should pay attention to are gross margins, and comments on the company's recent acquisition of Alphaform AG. Margins have continued to contract as the cost of goods sold has risen slowly, but steadily. Investors should hope for some form of stabilization here.
Proto Labs recently agreed to acquire the assets of Alphaform AG. The company, based in Germany, offers Proto Labs the ability to significantly expand its reach. Listen in to the conference call to see how quickly such reach can be realized, and when the acquisition will be accretive.
DeVry
No for-profit educator has escaped the market's wrath during the past five years. After questionable lending and recruiting practices were revealed -- as well as droves of former students who have defaulted on their loans -- the federal government has cracked the whip.
On a relative basis, DeVry has actually done well. But that hasn't stopped it from being in the bullseye of short-sellers. Here's what the market is expecting this week.
Source: E*Trade.
If you could only look at one metric to see how the long-term prospects for the school are, it would be new student enrollment. Nothing is more predictive of the future of the company than the number of new students it is able to sign up for classes.
The company breaks out numbers for a variety of different sub-schools within its control. The figure to focus on is new students at "DeVry University." Last quarter, new student enrollment fell 13%. If the bleeding of new students doesn't stop, don't expect the stock to react kindly.
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The article 3 Stocks That Should Make Huge Moves This Week originally appeared on Fool.com.
Brian Stoffel owns shares of Deckers Outdoor and Proto Labs. The Motley Fool owns shares of and recommends Proto Labs. The Motley Fool recommends Deckers Outdoor. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .
Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. 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.
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 Though the company owns a number of different footwear brands, none is more important than its line of Uggs boots. With better margins than retail locations, this business segment could represent a significant part of Decker's future profitability. Brian Stoffel owns shares of Deckers Outdoor and Proto Labs.
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Brian Stoffel owns shares of Deckers Outdoor and Proto Labs. The Motley Fool recommends Deckers Outdoor. Deckers Though the company owns a number of different footwear brands, none is more important than its line of Uggs boots.
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Deckers Though the company owns a number of different footwear brands, none is more important than its line of Uggs boots. With better margins than retail locations, this business segment could represent a significant part of Decker's future profitability. Brian Stoffel owns shares of Deckers Outdoor and Proto Labs.
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Deckers Though the company owns a number of different footwear brands, none is more important than its line of Uggs boots. With better margins than retail locations, this business segment could represent a significant part of Decker's future profitability. Brian Stoffel owns shares of Deckers Outdoor and Proto Labs.
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fdcaac0b-b045-4dd3-8811-2ce0097301f6
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724584.0
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2015-09-23 00:00:00 UTC
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Deckers Expands, Opens UGG for Men Shop in San Francisco
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DECK
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https://www.nasdaq.com/articles/deckers-expands-opens-ugg-for-men-shop-in-san-francisco-2015-09-23
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nan
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nan
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In an effort to expand its global presence, UGG, a unit of Deckers Outdoor Corp.DECK , inaugurated a men's pop-up shop in San Francisco. The store will feature a collection of footwear made with the latest Treadlite technology and will cater to holiday shoppers in the Bay Area.
The company's management stated that the decision to open a men's store in San Francisco was taken keeping in mind the tech-savvy consumer population of the city. Additionally, UGG's store-expansion drive reflects its initiative to spread out in regions that have considerable growth potential. The company looks for opportunities to grow its store base in order to effectively penetrate into the target markets and foster the brand's potential.
The San Francisco men's pop-up shop is located in Westfield Centre, a sophisticated, urban shopping mall in the Union Square area of the city and covers an area of 554 square foot. The UGG brand, known for its high quality, has always been a top choice for customers as it offers a wide range of products both in-store and online.
Additionally, the store will feature 88 SKUs (stock keeping unit), highlighting the effort to enhance in-store experience. Further, the store being equipped with the Infinite UGG Omni-Channel program will give customers access to all product sizes and colors. Popular styles of shoes to be featured in the store include Neumel (chukka silhouette), Harvin (an athletic style shoe) and Stoneman (an easy pull on shoe).
Last month, this leading designer, producer, and brand manager of innovative, niche footwear and accessories, opened two pop-up stores in Boston and Elizabeth, NJ under its UGG brand division.
Deckers currently carries a Zacks Rank #3 (Hold).
Stocks that Warrant a Look
Some better-ranked stocks in the same industry include Skechers USA Inc. SKX , Xtep International Holdings Limited XTEPY and Sequential Brands Group, Inc. SQBG . While Skechers and Xtep International carry a Zacks Rank #1 (Strong Buy), Sequential Brands holds a Zacks Rank #2 (Buy).
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 >>
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SKECHERS USA-A (SKX): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
SEQUENTIAL BRND (SQBG): Free Stock Analysis Report
XTEP INTL HLDGS (XTEPY): 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.
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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In an effort to expand its global presence, UGG, a unit of Deckers Outdoor Corp.DECK , inaugurated a men's pop-up shop in San Francisco. Deckers currently carries a Zacks Rank #3 (Hold). Click to get this free report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report SEQUENTIAL BRND (SQBG): Free Stock Analysis Report XTEP INTL HLDGS (XTEPY): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report SEQUENTIAL BRND (SQBG): Free Stock Analysis Report XTEP INTL HLDGS (XTEPY): Free Stock Analysis Report To read this article on Zacks.com click here. In an effort to expand its global presence, UGG, a unit of Deckers Outdoor Corp.DECK , inaugurated a men's pop-up shop in San Francisco. Deckers currently carries a Zacks Rank #3 (Hold).
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Click to get this free report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report SEQUENTIAL BRND (SQBG): Free Stock Analysis Report XTEP INTL HLDGS (XTEPY): Free Stock Analysis Report To read this article on Zacks.com click here. In an effort to expand its global presence, UGG, a unit of Deckers Outdoor Corp.DECK , inaugurated a men's pop-up shop in San Francisco. Deckers currently carries a Zacks Rank #3 (Hold).
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In an effort to expand its global presence, UGG, a unit of Deckers Outdoor Corp.DECK , inaugurated a men's pop-up shop in San Francisco. Deckers currently carries a Zacks Rank #3 (Hold). Click to get this free report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report SEQUENTIAL BRND (SQBG): Free Stock Analysis Report XTEP INTL HLDGS (XTEPY): Free Stock Analysis Report To read this article on Zacks.com click here.
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abf8e249-0826-4165-a3e4-b97a63b62e60
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724585.0
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2015-09-22 00:00:00 UTC
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Deckers and Teva: This Week's Top Value Stocks
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DECK
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https://www.nasdaq.com/articles/deckers-and-teva-weeks-top-value-stocks-2015-09-22
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nan
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nan
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Looking for the best value stocks? Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: Deckers Outdoor Corporation (DECK) and Teva Pharmaceuticals (TEVA).
Both companies have forward P/Es well below the average of the S&P 500, at 11.9. They also are in favor with analysts, as 2015 and 2016 earnings estimates have been moving higher.
Investors are nervous about Deckers, however, as it didn't raise guidance last quarter. Shares have hit new 52-week lows. Teva shares have also pulled back from multi-year highs as investors have cashed in drug stock gains.
But what else should investors take away from these two companies? Watch our short video below to learn more about these value 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 (DECK): Free Stock Analysis Report
TEVA PHARM ADR (TEVA): 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.
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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Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: Deckers Outdoor Corporation (DECK) and Teva Pharmaceuticals (TEVA). Investors are nervous about Deckers, however, as it didn't raise guidance last quarter. Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report TEVA PHARM ADR (TEVA): Free Stock Analysis Report To read this article on Zacks.com click here.
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Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: Deckers Outdoor Corporation (DECK) and Teva Pharmaceuticals (TEVA). Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report TEVA PHARM ADR (TEVA): Free Stock Analysis Report To read this article on Zacks.com click here. Investors are nervous about Deckers, however, as it didn't raise guidance last quarter.
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Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: Deckers Outdoor Corporation (DECK) and Teva Pharmaceuticals (TEVA). Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report TEVA PHARM ADR (TEVA): Free Stock Analysis Report To read this article on Zacks.com click here. Investors are nervous about Deckers, however, as it didn't raise guidance last quarter.
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Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: Deckers Outdoor Corporation (DECK) and Teva Pharmaceuticals (TEVA). Investors are nervous about Deckers, however, as it didn't raise guidance last quarter. Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report TEVA PHARM ADR (TEVA): Free Stock Analysis Report To read this article on Zacks.com click here.
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019b1293-2a19-49e6-b3ac-490b6b74a790
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724586.0
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2015-09-14 00:00:00 UTC
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Deckers Outdoor Hits 52-Week Low: What's Taking It Down?
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DECK
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https://www.nasdaq.com/articles/deckers-outdoor-hits-52-week-low%3A-whats-taking-it-down-2015-09-14
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nan
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nan
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Shares of Deckers Outdoor Corp.DECK touched a 52-week low of $59.62 on Friday before eventually closing trade at $60.65, down 0.7% from the previous day. The stock has plunged roughly 33% so far in the year. It seems that investors are losing confidence in the stocks. Let's delve deeper.
Wider Loss Poses Concern
Ever since this leading designer, producer, and brand manager of innovative, niche footwear and accessories reported mixed quarterly numbers and provided subdued earnings outlook the company's shares have declined 15.2%.
In the first quarter of fiscal 2016, this Goleta, CA-based company reported loss per share of $1.43 that widened from the year-ago period loss of $1.07 per share. Higher selling, general and administrative expenses and subdued gross margin weighed on the bottom line. However, what came as a little respite was that the bottom line fared better than the Zacks Consensus estimate of a loss per share of $1.51.
On the other hand, the company's net sales of $213.8 million fell short of the Zacks Consensus Estimate of $217 Million. The company witnessed sluggish performance across the UGG and Sanuk brands.
Subdued Outlook
Management's subdued earnings outlook for second-quarter fiscal 2016 compared with analysts' expectations and the year-ago quarter figure, makes us cautious on the stock. Deckers projects earnings of approximately $1.05 per share for the second quarter on a reported basis, reflecting a decline of 10.3% year over year. The company expects revenue to increase 1% on a reported basis.
Downward Estimate Revisions
Following the company's wider loss and soft outlook, the estimates for Deckers have been displaying a downtrend. In the past 60 days, the Zacks Consensus Estimate for fiscal 2016 has declined 1.0% to $5.13 and for the second quarter, the same has slid 14.4% to $1.07.
Zacks Rank
Deckers Outdoor currently has a Zacks Rank #3 (Hold). Some better-ranked stocks in this sector include Skechers USA Inc. SKX , American Eagle Outfitters, Inc. AEO and Citi Trends, Inc. CTRN . All these stocks hold a Zacks Rank #2 (Buy).
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 >>
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AMER EAGLE OUTF (AEO): Free Stock Analysis Report
SKECHERS USA-A (SKX): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
CITI TRENDS INC (CTRN): 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.
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.DECK touched a 52-week low of $59.62 on Friday before eventually closing trade at $60.65, down 0.7% from the previous day. Deckers projects earnings of approximately $1.05 per share for the second quarter on a reported basis, reflecting a decline of 10.3% year over year. Downward Estimate Revisions Following the company's wider loss and soft outlook, the estimates for Deckers have been displaying a downtrend.
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Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Deckers Outdoor Corp.DECK touched a 52-week low of $59.62 on Friday before eventually closing trade at $60.65, down 0.7% from the previous day. Deckers projects earnings of approximately $1.05 per share for the second quarter on a reported basis, reflecting a decline of 10.3% year over year.
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Click to get this free report AMER EAGLE OUTF (AEO): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CITI TRENDS INC (CTRN): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Deckers Outdoor Corp.DECK touched a 52-week low of $59.62 on Friday before eventually closing trade at $60.65, down 0.7% from the previous day. Deckers projects earnings of approximately $1.05 per share for the second quarter on a reported basis, reflecting a decline of 10.3% year over year.
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Deckers projects earnings of approximately $1.05 per share for the second quarter on a reported basis, reflecting a decline of 10.3% year over year. Shares of Deckers Outdoor Corp.DECK touched a 52-week low of $59.62 on Friday before eventually closing trade at $60.65, down 0.7% from the previous day. Downward Estimate Revisions Following the company's wider loss and soft outlook, the estimates for Deckers have been displaying a downtrend.
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6fc0e59b-6539-4783-9db0-0b5fb18759ee
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724587.0
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2015-09-09 00:00:00 UTC
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Undervalued Stocks Among Chuck Royce's Recent Buys
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DECK
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https://www.nasdaq.com/articles/undervalued-stocks-among-chuck-royces-recent-buys-2015-09-09
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nan
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nan
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Chuck Royce ( Trades , Portfolio ) is the president, co-chief investment officer and portfolio manager of Royce & Associates LLC, a hedge fund with a $23,670 million portfolio composed of 1211 stocks. According to GuruFocus' All-In-One screener, the following are the companies he recently bought that are trading with a wide margin of safety.
During second quarter 2015, he increased his stake in World Acceptance Corp. ( WRLD ) by 20%, and the company looks undervalued at the current price of $36. The DCF calculator gives a fair value of $351.87 with a current margin of safety of 90%. GuruFocus users gives as fair value half the price suggested by the DCF calculator, with $171.66 that is the average price after 13 votes.
Jim Simons Undervalued Stocks
Jim Simons Top Growth Companies
Jim Simons High Yield stocks
Sarah Ketterer Undervalued Stocks
Sarah Ketterer Top Growth Companies
Sarah Ketterer High Yield stocks
George Soros Undervalued Stocks
George Soros Top Growth Companies
George Soros High Yield stocks
Jim Simons Undervalued Stocks
Jim Simons Top Growth Companies
Jim Simons High Yield stocks
Chuck Royce Undervalued Stocks
Chuck Royce Top Growth Companies
Chuck Royce High Yield stocks
World Acceptance provides small-loan consumer finance companies, offering short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals.
The stock is trading with a P/E ratio of 2.70, which is higher than 97% of other companies in the Global Credit Services industry, which has an average P/E ratio of 14.70. The price has dropped 53% during the last 12 months, by 57% year to date and is now 65.47% below its 52-week high and 9.27% above its 52-week low.
WRLD has a profitability and growth rating of 9/10 with strong returns: ROE of 36.27% and ROA of 12.59%. Return on assets is outperforming the industry, ranking higher than 88% of the company's competitors, which have an average return of 12.59%; even ROE is performing well, outperforming 91% of the industry, which has an average ratio of 8.63%.
World Acceptance's earnings remained strong in the second quarter driven by higher loan volume, higher revenue from insurance and other products and improved margins which had a 1.7% increase over the total revenue reported in the second quarter last year. Net income for the second quarter decreased 1.4% yoy.
Columbia Wanger (Trades, Portfolio) is the main hedge fund holding shares of the company with 8.22% of outstanding shares that is the 0.29% of its total assets, followed by Jim Simons (Trades, Portfolio) with 0.59% and Paul Tudor Jones (Trades, Portfolio) with 0.07%.
During second quarter 2015, he increased his stake in DST Systems Inc. ( DST ) by 83%, and the company looks undervalued at the current price of $105. The DCF calculator gives a fair value of $217.39 with a current margin of safety of 52%. GuruFocus users give to the company a lower fair price of $151.3, which is the average price after eight votes.
The company is a provider of technology-based service solutions that help clients grow their business and provide their customers an exceptional experience. DST serves clients in the asset management, brokerage, retirement, insurance, healthcare and other markets to help process, communicate and safeguard critical customer information needed to manage life's important business, such as investing money, planning for retirement and maintaining a healthy lifestyle.
The stock is trading with a P/E ratio of 6.90, which is higher than 91% of other companies in the Global Business Services industry, which has an average P/E ratio of 20.00. The price has risen by 12% during the last 12 months, by 9% year to date and is now 23.77% below its 52-week high and 25.44% above its 52-week low.
DST has a profitability and growth rating of 8/10 with good returns: ROE of 48.07%, ROA of 20.23% and ROC of 186.47%. Return on assets is outperforming the industry, ranking higher than 94% of the company's competitors, which have an average return of 3.63%; even ROE is performing well, outperforming 93% of the industry, which has an average ratio of 8.33%.
Second quarter 2015 diluted earnings per share, had an increase of $0.19 or 15.8% from second quarter 2014. During this last quarter DST agreed to acquire Wealth ManagementSystems Inc. (TSE:3772), a leading provider of technology-based rollover services and it could repurchase approximately 600,000 shares of its common stock.
Pioneer Investments (Trades, Portfolio) is the main hedge fund with 1.38% of outstanding shares that is 0.23% of its portfolio, followed by Joel Greenblatt with 440,570 shares, amounting to 1.23% of shares outstanding or 0.46% of total assets of his portfolio. The third one is the hedge fund Diamond Hill Capital (Trades, Portfolio) which holds 1.06% of outstanding shares of DST Systems.
During second quarter 2015, he increased his stake in Waddell & Reed Financial Inc. ( WDR ) by 23.51%, and the company looks undervalued at the current price of $38. The DCF calculator gives a fair value of $75.62 with a current margin of safety of 51%. GuruFocus users confirm almost the same evaluation, giving the company a fair value of $72.52, which is the average price after eight votes.
The company operates as a mutual fund and asset management firm. It provides investment management, investment product underwriting and distribution and shareholder services administration to mutual funds and institutional and separately managed accounts.
The stock is trading with a P/E ratio of 10.60, which is higher than 55% of other companies in the Global Asset Management industry, which has an average P/E ratio of 12.70. The price has dropped 35% during the last 12 months, by 26% year to date and is now 36.05% below its 52-week high and 0.44% above its 52-week low.
WDR has a profitability and growth rating of 8/10 with great returns: ROE of 36.03%, ROA of 19.90% and ROC of 514.19%. Return on assets is outperforming the industry, ranking higher than 92% of the company's competitors, which have an average return of 3.70%; even ROE is performing well, outperforming 94% of the industry, which has an average ratio of 6%. ROC is slightly above the average level of the recent company's history and is far from the highest value of 2,098% reached more than 10 years ago.
During the last quarter due to an additional day and a higher effective fee rate during the current quarter, operating revenues rose by 2%, while operating income rose 6%, leading to a 110 basis point improvement in the operating margin.
Chuck Royce (Trades, Portfolio) and Ken Fisher (Trades, Portfolio) are the main shareholders of the company, with 2.49% of shares outstanding, followed by Mario Gabelli (Trades, Portfolio) with 0.48% and Joel Greenblatt (Trades, Portfolio) with 0.36%.
During second quarter 2015, he increased his stake in Deckers Outdoor Corp. ( DECK ) by 1,358%, and the company looks undervalued at the current price of $63. The DCF calculator gives a fair value of $121.84 with a current margin of safety of 49%. GuruFocus users confirm almost the same evaluation, giving the company a fair value of $103.13, which is the average price after three votes.
The company is engaged in designing, marketing and distribution of footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. The company sells its products, including accessories such as handbags and loungewear, through quality domestic and international retailers, international distributors, and directly to end-user consumers both domestically and internationally, through its websites, call centers and retail stores.
The stock is trading with a P/E ratio of 14.70, which is higher than 62% of other companies in the Global Asset Management industry, which has an average P/E ratio of 19.30. The price has dropped 34% during the last 12 months, by 30% year to date and is now 37.20% below its 52-week high and 5.09% above its 52-week low.
DECK has a profitability and growth rating of 8/10 with good returns: ROE of 16.58%, ROA of 11.82% and ROC of 37.50%. Return on assets is outperforming the industry, ranking higher than 84% of the company's competitors, which have an average return of 3.68%; even ROE is performing well, outperforming 77% of the industry, which has an average ratio of 6.86%.
Driven by meaningful sales increases and continued leverage of the operating expenses, revenue increased 67%, net earnings for the quarter increased 154% and diluted earnings per share increased 153%. They expect this positive momentum to continue, and they are increasing their guidance for the remainder of the year.
Chuck Royce (Trades, Portfolio) is the main shareholder of the company with 2.46% of outstanding shares, followed by Jim Simons (Trades, Portfolio) with 0.12% and David Dreman (Trades, Portfolio) who holds an easy stake of 0.01%.
During second quarter 2015, he increased his stake in Buckle Inc. ( BKE ) by 2%, and the company looks undervalued at the current price of $40.30. The DCF calculator gives a fair value of $69.36 with a current margin of safety of 42%. GuruFocus users confirm almost the same evaluation, giving the company a fair value of $77.84, which was the average price after three votes.
The company is a retailer of casual apparel, footwear and accessories for fashion conscious young men and women. It markets a selection of mostly brand name casual apparel including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear. It operates 450 stores located in 43 states throughout the continental United States.
The stock is trading with a P/E ratio of 12.20, which is higher than 76% of other companies in the Global Apparel Stores industry, which has an average P/E ratio of 20.90. The price has dropped 16% during the last 12 months, by 24% year to date and is now 28.36% below its 52-week high and 1.23% above its 52-week low.
BKE has a profitability and growth rating of 7/10 with great returns: ROE of 39.95%, ROA of 27.78% and ROC of 103.19%. Return on assets is outperforming the industry, ranking higher than 98% of the company's competitors, which have an average return of 3.25%; even ROE is performing well, outperforming 94% of the industry, which has an average ratio of 7.72%. All these ratios are even far above the average ratios of the recent company's history.
During the last quarter net sales increased 0.1% and merchandise margins for the quarter were down 25 basis points.
Chuck Royce (Trades, Portfolio) is far the main shareholder of the company with 13.68% of outstanding shares that is 1.28% of his total assets, followed by Joel Greenblatt (Trades, Portfolio) with 1.03% of shares outstanding and Scott Black (Trades, Portfolio) with 0.39% that is 1.17% of total assets he manages.
Summary
All these companies are trading with a very wide margin of safety and good P/E ratios. All of them have positive and strong profitability, and the recent market correction can offer an even higher margin of safety in the near future.
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About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .
This article first appeared on GuruFocus .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, 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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During second quarter 2015, he increased his stake in Deckers Outdoor Corp. ( DECK ) by 1,358%, and the company looks undervalued at the current price of $63. DECK has a profitability and growth rating of 8/10 with good returns: ROE of 16.58%, ROA of 11.82% and ROC of 37.50%. During this last quarter DST agreed to acquire Wealth ManagementSystems Inc. (TSE:3772), a leading provider of technology-based rollover services and it could repurchase approximately 600,000 shares of its common stock.
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During second quarter 2015, he increased his stake in Deckers Outdoor Corp. ( DECK ) by 1,358%, and the company looks undervalued at the current price of $63. DECK has a profitability and growth rating of 8/10 with good returns: ROE of 16.58%, ROA of 11.82% and ROC of 37.50%. Jim Simons Undervalued Stocks Jim Simons Top Growth Companies Jim Simons High Yield stocks Sarah Ketterer Undervalued Stocks Sarah Ketterer Top Growth Companies Sarah Ketterer High Yield stocks George Soros Undervalued Stocks George Soros Top Growth Companies George Soros High Yield stocks Jim Simons Undervalued Stocks Jim Simons Top Growth Companies Jim Simons High Yield stocks Chuck Royce Undervalued Stocks Chuck Royce Top Growth Companies Chuck Royce High Yield stocks World Acceptance provides small-loan consumer finance companies, offering short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals.
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During second quarter 2015, he increased his stake in Deckers Outdoor Corp. ( DECK ) by 1,358%, and the company looks undervalued at the current price of $63. DECK has a profitability and growth rating of 8/10 with good returns: ROE of 16.58%, ROA of 11.82% and ROC of 37.50%. Jim Simons Undervalued Stocks Jim Simons Top Growth Companies Jim Simons High Yield stocks Sarah Ketterer Undervalued Stocks Sarah Ketterer Top Growth Companies Sarah Ketterer High Yield stocks George Soros Undervalued Stocks George Soros Top Growth Companies George Soros High Yield stocks Jim Simons Undervalued Stocks Jim Simons Top Growth Companies Jim Simons High Yield stocks Chuck Royce Undervalued Stocks Chuck Royce Top Growth Companies Chuck Royce High Yield stocks World Acceptance provides small-loan consumer finance companies, offering short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals.
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During second quarter 2015, he increased his stake in Deckers Outdoor Corp. ( DECK ) by 1,358%, and the company looks undervalued at the current price of $63. DECK has a profitability and growth rating of 8/10 with good returns: ROE of 16.58%, ROA of 11.82% and ROC of 37.50%. The stock is trading with a P/E ratio of 10.60, which is higher than 55% of other companies in the Global Asset Management industry, which has an average P/E ratio of 12.70.
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1e2bc6de-3516-46a6-90f6-d8671ef0845d
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724588.0
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2015-08-12 00:00:00 UTC
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Skechers (SKX) Creates New Subsidiary in Latin America
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DECK
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https://www.nasdaq.com/articles/skechers-skx-creates-new-subsidiary-in-latin-america-2015-08-12
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nan
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nan
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Skechers USA Inc.SKX will float a subsidiary, Skechers Latin America LLC, to further expand its reach in the Latin American region. The subsidiary, based in Panama City, will administer the company's operations across 30 countries in the region.
Skechers has been operating in the Latin American region for about 20 years now with the primary markets being Panama, Peru, Colombia and Costa Rica. So far, the company operated through third party distributors but with a wholly owned subsidiary, it now aims to expand its footprint in the region.
New regions under the company's radar include Guatemala, Caribbean, Ecuador, El Salvador, Honduras and Nicaragua. As a part of the strategy, the company will shift 21 stores to subsidiary-owned and -operated locations.
Skechers has been steadily gaining ground by offering stylish and casual shoes at a more compelling price than conventional athletic brands. Moreover, Skechers' international business remains a significant sales growth driver for the company.
The company's international wholesale business revenues surged 60.1% in the second quarter of 2015 on the back of a 64% rise in international subsidiaries and joint venture ("JV") sales, as well as an improvement of 51.5% in distributor sales.
At present, international sales constitute 30% of the company's total sales. Management remains confident that overseas operations will contribute 50% to total sales over a 3-4 year time frame. Also, management expects Latin America to play a vital role in achieving higher international sales.
At present, Skechers sports a Zacks Rank #1 (Strong Buy). Other stocks in the retail sector worth considering are NIKE, Inc. NKE , Carter's, Inc. CRI and Deckers Outdoor Corp. DECK . While Nike is a Zacks Rank #1 stock, Carter's and Deckers carry Zacks Rank #2 (Buy).
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NIKE INC-B (NKE): Free Stock Analysis Report
SKECHERS USA-A (SKX): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
CARTERS 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.
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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Other stocks in the retail sector worth considering are NIKE, Inc. NKE , Carter's, Inc. CRI and Deckers Outdoor Corp. DECK . While Nike is a Zacks Rank #1 stock, Carter's and Deckers carry Zacks Rank #2 (Buy). Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report To read this article on Zacks.com click here.
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Other stocks in the retail sector worth considering are NIKE, Inc. NKE , Carter's, Inc. CRI and Deckers Outdoor Corp. DECK . While Nike is a Zacks Rank #1 stock, Carter's and Deckers carry Zacks Rank #2 (Buy). Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report To read this article on Zacks.com click here. Other stocks in the retail sector worth considering are NIKE, Inc. NKE , Carter's, Inc. CRI and Deckers Outdoor Corp. DECK . While Nike is a Zacks Rank #1 stock, Carter's and Deckers carry Zacks Rank #2 (Buy).
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While Nike is a Zacks Rank #1 stock, Carter's and Deckers carry Zacks Rank #2 (Buy). Other stocks in the retail sector worth considering are NIKE, Inc. NKE , Carter's, Inc. CRI and Deckers Outdoor Corp. DECK . Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report To read this article on Zacks.com click here.
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325ab717-3d28-48f0-a9e8-ab61cee796f1
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724589.0
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2015-08-06 00:00:00 UTC
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3 Reasons Why Deckers (DECK) is a Great Value Stock - Tale of the Tape
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DECK
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https://www.nasdaq.com/articles/3-reasons-why-deckers-deck-is-a-great-value-stock-tale-of-the-tape-2015-08-06
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nan
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nan
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Many investors like to look for value in stocks, but this can be very tough to define. There is great debate regarding which metrics are the best to focus on in this regard, and which are not really quality indicators of future performance. Fortunately, with our new style score system we have identified the key statistics to pay close attention to and thus which stocks might be the best for value investors in the near term.
This method discovered several great candidates for value-oriented investors, but today let's focus on Deckers Outdoor Corp. ( DECK ) as this stock is looking especially impressive right now. And while there are numerous reasons why this is the case, we have highlighted three of the most vital reasons for DECK's status as a solid value stock below:
Forward PE for Deckers
Easily one of the most popular readings for value investors, the forward PE ratio shows us the current price of a stock divided by the full year earnings. Generally speaking, value investors like to see this ratio below 20, though it can vary by industry.
Right now, DECK has a forward PE of just 13.98, which means that investors are paying $13.98 for each dollar in expected Deckers earnings this year. Compared to the industry at large this is pretty favorable as the overall space has an average PE of 19.68 in comparison.
PEG Ratio for DECK
While earnings are definitely important, it is vital to know how much you are paying for the growth of earnings as well. One can easily do that with the PEG ratio as this metric looks to show investors how much they are paying for each unit of earnings growth.
DECK manages to impress on this front as well, as the company's PEG is just 1.17, suggesting that Deckers is trading as a relative bargain right now. This is particularly the case when you compare this PEG to the industry, as the broader segment has an average PEG of 1.44 in comparison.
DECK Earnings Estimate Revisions Moving in the Right Direction
The solid value ratios outlined in the preceding paragraphs might be enough for some investors, but we should also note that the earnings estimate revisions have been trending in a positive direction as well. Analysts who follow DECK stock have been raising their estimates for the company lately, meaning that the EPS picture is looking a bit more favorably for Deckers now.
Over the past 60 days 7 earnings estimates have gone higher compared to no downward revisions for the full year. These revisions have helped to boost the consensus estimate as 60 days ago DECK was expected to post earnings of $5.08 per share for the full year though today it looks to have EPS of $5.14 for the full year.
Bottom Line
For the reasons detailed above, investors shouldn't be surprised to read that we have DECK as a stock with a Value Score of 'B' and a Zacks Rank #2 (Buy). So if you are a value investor, definitely keep DECK on your short list as this looks be a stock that is very well-positioned for gains in the near term.
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 >>
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DECKERS OUTDOOR (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.
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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This method discovered several great candidates for value-oriented investors, but today let's focus on Deckers Outdoor Corp. ( DECK ) as this stock is looking especially impressive right now. Bottom Line For the reasons detailed above, investors shouldn't be surprised to read that we have DECK as a stock with a Value Score of 'B' and a Zacks Rank #2 (Buy). And while there are numerous reasons why this is the case, we have highlighted three of the most vital reasons for DECK's status as a solid value stock below: Forward PE for Deckers Easily one of the most popular readings for value investors, the forward PE ratio shows us the current price of a stock divided by the full year earnings.
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And while there are numerous reasons why this is the case, we have highlighted three of the most vital reasons for DECK's status as a solid value stock below: Forward PE for Deckers Easily one of the most popular readings for value investors, the forward PE ratio shows us the current price of a stock divided by the full year earnings. Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report To read this article on Zacks.com click here. This method discovered several great candidates for value-oriented investors, but today let's focus on Deckers Outdoor Corp. ( DECK ) as this stock is looking especially impressive right now.
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And while there are numerous reasons why this is the case, we have highlighted three of the most vital reasons for DECK's status as a solid value stock below: Forward PE for Deckers Easily one of the most popular readings for value investors, the forward PE ratio shows us the current price of a stock divided by the full year earnings. DECK Earnings Estimate Revisions Moving in the Right Direction The solid value ratios outlined in the preceding paragraphs might be enough for some investors, but we should also note that the earnings estimate revisions have been trending in a positive direction as well. These revisions have helped to boost the consensus estimate as 60 days ago DECK was expected to post earnings of $5.08 per share for the full year though today it looks to have EPS of $5.14 for the full year.
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This method discovered several great candidates for value-oriented investors, but today let's focus on Deckers Outdoor Corp. ( DECK ) as this stock is looking especially impressive right now. These revisions have helped to boost the consensus estimate as 60 days ago DECK was expected to post earnings of $5.08 per share for the full year though today it looks to have EPS of $5.14 for the full year. And while there are numerous reasons why this is the case, we have highlighted three of the most vital reasons for DECK's status as a solid value stock below: Forward PE for Deckers Easily one of the most popular readings for value investors, the forward PE ratio shows us the current price of a stock divided by the full year earnings.
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a64f0ad9-576e-4e4a-9f32-01cbe0064d05
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724590.0
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2015-08-04 00:00:00 UTC
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Deckers and Group 1 Auto: This Week's Top Value Picks - Video Blog
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DECK
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https://www.nasdaq.com/articles/deckers-and-group-1-auto-weeks-top-value-picks-video-blog-2015-08-04
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nan
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nan
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Looking for the best value stocks? Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: Deckers Brands (DECK) and Group 1 Automotive Inc. (GPI) .
Both companies have forward P/Es below 15 which is well below the average of the S&P 500, which is now a sky-high level of 18. They also are in favor with analysts, as 2015 and 2016 earnings estimates have been moving higher. They are both Zacks Rank #2 (Strong Buys). Group 1 Automotive also has a Zacks Style Score for Value of A. Analysts expect double digit earnings growth from both companies this year.
But what else should investors take away from these two companies? Watch our short video below to learn more about these value 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 (DECK): Free Stock Analysis Report
GROUP 1 AUTO (GPI): 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.
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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Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: Deckers Brands (DECK) and Group 1 Automotive Inc. (GPI) . Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report GROUP 1 AUTO (GPI): Free Stock Analysis Report To read this article on Zacks.com click here. They also are in favor with analysts, as 2015 and 2016 earnings estimates have been moving higher.
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Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: Deckers Brands (DECK) and Group 1 Automotive Inc. (GPI) . Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report GROUP 1 AUTO (GPI): 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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Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: Deckers Brands (DECK) and Group 1 Automotive Inc. (GPI) . Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report GROUP 1 AUTO (GPI): 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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Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: Deckers Brands (DECK) and Group 1 Automotive Inc. (GPI) . Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report GROUP 1 AUTO (GPI): Free Stock Analysis Report To read this article on Zacks.com click here. Looking for the best value stocks?
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b95746be-0792-44dc-aa6e-e0e94c67fa53
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724591.0
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2015-07-30 00:00:00 UTC
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Skechers Q2 Earnings & Sales Beat Estimates; Stock Gains - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/skechers-q2-earnings-sales-beat-estimates-stock-gains-analyst-blog-2015-07-30
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nan
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nan
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Skechers USA Inc.SKX continued with its sturdy performance in second-quarter 2015, delivering a positive earnings surprise for the second straight quarter. The company posted earnings of $1.55 per share that beat the Zacks Consensus Estimate of 99 cents by 56.6%. Moreover, the quarterly earnings of this Manhattan Beach, CA-based footwear retailer surged from 68 cents earned in the year-ago quarter.
The quarter benefited from the resolution of the West Coast port issue and shift in back-to-school shipments due to pent-up demand in both domestic and international markets. Robust results provided much impetus to the stock that gained 12.1% during after-market trading hours yesterday.
Net sales came in at $800.5 million, ahead of the Zacks Consensus Estimate of $722 million and soared 36.4%, driven by aggressive marketing initiatives, product innovation across multiple categories, and healthy performance across all revenue channels. However, the rate of sales growth decelerated from 40.5% recorded in the first quarter of 2015.
Skechers has been steadily gaining ground by offering stylish and casual shoes at a more compelling price than conventional athletic brands. The company has benefited from the so-called athleisure trend that has been sweeping the retail sector in the U.S. The growing preference for cheaper shoes in the nation is boosting the company's market share. People now want to avail cheaper sports shoes, which they can put on to make a fashion statement irrespective of whether they work out or not.
With increased focus on the new line of products, cost containment, inventory management, a global distribution platform and sturdy backlogs, the company remains confident of sustaining the growth momentum in 2015 and 2016.
Gross profit for the reported quarter increased 39.1% to $374.6 million, whereas gross margin expanded 90 basis points (bps) to 46.8%. Operating income came in at $112.3 million, up significantly from $53.8 million in the prior-year quarter, while as a percentage of sales, it improved 480 bps to 14%.
Segmental Sales Synopsis
The domestic wholesale business recorded revenue increase of 31.9%, reflecting a jump of 21% in pairs shipped, and a rise of 9% in average price per pair.
Skechers' international wholesale business revenues surged 60.1% on the back of a 64% rise in international subsidiaries and joint venture ("JV") sales, as well as an improvement of 51.5% in distributor sales.
At present, international sales constitute 30% of total sales. Management remains confident that overseas operations will contribute 50% to total sales over a 3-4 year time frame.
On a combined basis, retail business sales grew 23.7%, whereas comparable-store sales advanced 12.9%. Domestic retail sales rose 21%, while comparable-store sales increased 13.1%. International retail sales soared 35%, whereas comparable-store sales improved 11.8%.
Store Update
Skechers operated 665 branded stores internationally, owned and operated by JVs, franchisees and distributors at the end of the reported quarter.
During the second quarter 63 third-party stores were opened, while 6 third-party stores were closed. So far in the third quarter, Skechers has opened 5 third-party stores. The company plans to open about 90-100 more stores during the rest of 2015.
Skechers operated 461 company-owned retail outlets globally, comprising 95 international locations at the end of the quarter. During the quarter, the company opened 12 stores and closed 4 domestic outlets. So far in the third quarter, Skechers has opened 7 stores. The company intends to open approximately 30-35 retail stores during the remaining part of the year, and hinted that these store openings, coupled with the transition of most of the stores in Latin America to company-owned outlets, will take the total store count to 500 by the end of 2015.
Management aims at a total Skechers retail store base of about 1,250 by the end of the year.
Strategic Initiatives
Management is focused on product innovation, additional Skechers store openings and increasing distribution channels by entering into international distribution agreements to boost sales and profitability. Moreover, Skechers' international business remains a significant sales growth driver for the company. Also, Skechers is poised to enhance its global reach in the footwear market through its distribution networks, subsidiaries and JVs.
Other Financial Aspects
This Zacks Rank #1 (Strong Buy) company ended the quarter with cash and cash equivalents of $513.9 million, long-term borrowings (net of current installments) of $1.6 million and shareholders' equity of $1,222.2 million, excluding non-controlling interest of $69.6 million. Management now envisions capital expenditures for the remainder of 2015 to be about $55-$60 million.
Stocks to Consider
Other well-ranked stocks include Deckers Outdoor Corp. DECK , Nike Inc. NKE and Carter's, Inc. CRI , all carrying a Zacks Rank #2 (Buy).
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 >>
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-B (NKE): Free Stock Analysis Report
SKECHERS USA-A (SKX): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
CARTERS 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.
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 to Consider Other well-ranked stocks include Deckers Outdoor Corp. DECK , Nike Inc. NKE and Carter's, Inc. CRI , all carrying a Zacks Rank #2 (Buy). Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report To read this article on Zacks.com click here. The quarter benefited from the resolution of the West Coast port issue and shift in back-to-school shipments due to pent-up demand in both domestic and international markets.
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Stocks to Consider Other well-ranked stocks include Deckers Outdoor Corp. DECK , Nike Inc. NKE and Carter's, Inc. CRI , all carrying a Zacks Rank #2 (Buy). Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report To read this article on Zacks.com click here. Strategic Initiatives Management is focused on product innovation, additional Skechers store openings and increasing distribution channels by entering into international distribution agreements to boost sales and profitability.
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider Other well-ranked stocks include Deckers Outdoor Corp. DECK , Nike Inc. NKE and Carter's, Inc. CRI , all carrying a Zacks Rank #2 (Buy). Store Update Skechers operated 665 branded stores internationally, owned and operated by JVs, franchisees and distributors at the end of the reported quarter.
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Stocks to Consider Other well-ranked stocks include Deckers Outdoor Corp. DECK , Nike Inc. NKE and Carter's, Inc. CRI , all carrying a Zacks Rank #2 (Buy). Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report To read this article on Zacks.com click here. Store Update Skechers operated 665 branded stores internationally, owned and operated by JVs, franchisees and distributors at the end of the reported quarter.
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25886943-8542-43bd-b373-fade2abb44b6
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724592.0
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2015-07-30 00:00:00 UTC
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Earnings Reaction History: Deckers Outdoor Corporation, 77.8% Follow-Through Indicator, 12.1% Sensitive
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DECK
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https://www.nasdaq.com/articles/earnings-reaction-history-deckers-outdoor-corporation-778-follow-through-indicator-121
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nan
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nan
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Expected Earnings Release: 07/30/2015, After-hours
Avg. Extended-Hours Dollar Volume: $20,750,653
Deckers Outdoor Corporation ( DECK ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in DECK indicates that the price change in the extended hours is likely to be of significant value in forecasting additional price movement by the following regular session close.
Last 12 Qtrs Positive Only Price Reactions
Percent of time added to extended-hours gains: 50%
Average next regular session additional gain: 7.1%
Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 7.1%.
Last 12 Qtrs Negative Only Price Reactions
Percent of time added to extended-hours losses: 100%
Average next regular session additional loss: 4.2%
Over that same historical period, when shares of DECK dropped in the extended-hours in reaction to its earnings announcement, history shows that 100.0% of the time (5 events) the stock dropped further, adding to the extended-hours losses by an average of 4.2% by the following regular session close.
Data provided by the MT Pro service at MTNewswires.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
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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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 7.1% Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 7.1%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 100% Average next regular session additional loss: 4.2% Over that same historical period, when shares of DECK dropped in the extended-hours in reaction to its earnings announcement, history shows that 100.0% of the time (5 events) the stock dropped further, adding to the extended-hours losses by an average of 4.2% by the following regular session close. Extended-Hours Dollar Volume: $20,750,653 Deckers Outdoor Corporation ( DECK ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Historical earnings event related premarket and after-hours trading activity in DECK indicates that the price change in the extended hours is likely to be of significant value in forecasting additional price movement by the following regular session close. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 7.1% Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 7.1%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 100% Average next regular session additional loss: 4.2% Over that same historical period, when shares of DECK dropped in the extended-hours in reaction to its earnings announcement, history shows that 100.0% of the time (5 events) the stock dropped further, adding to the extended-hours losses by an average of 4.2% by the following regular session close.
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Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 7.1% Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 7.1%. Last 12 Qtrs Negative Only Price Reactions Percent of time added to extended-hours losses: 100% Average next regular session additional loss: 4.2% Over that same historical period, when shares of DECK dropped in the extended-hours in reaction to its earnings announcement, history shows that 100.0% of the time (5 events) the stock dropped further, adding to the extended-hours losses by an average of 4.2% by the following regular session close. Extended-Hours Dollar Volume: $20,750,653 Deckers Outdoor Corporation ( DECK ) is due to issue its quarterly earnings report in the upcoming extended-hours session.
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Extended-Hours Dollar Volume: $20,750,653 Deckers Outdoor Corporation ( DECK ) is due to issue its quarterly earnings report in the upcoming extended-hours session. Historical earnings event related premarket and after-hours trading activity in DECK indicates that the price change in the extended hours is likely to be of significant value in forecasting additional price movement by the following regular session close. Last 12 Qtrs Positive Only Price Reactions Percent of time added to extended-hours gains: 50% Average next regular session additional gain: 7.1% Over the prior three fiscal years (12 quarters), when shares of DECK rose in the extended-hours session in reaction to its earnings announcement, history shows that 50.0% of the time (2 events) the stock posted additional gains in the following regular session by an average of 7.1%.
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74cafc31-9453-426e-8a06-c79e4773c71d
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724593.0
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2015-07-28 00:00:00 UTC
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Deckers (DECK) Q1 Earnings: Should Investors be Cautious? - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/deckers-deck-q1-earnings%3A-should-investors-be-cautious-analyst-blog-2015-07-28
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nan
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nan
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Deckers Outdoor Corp.DECK , designer, producer and brand manager of innovative, niche footwear and accessories, is expected to report first-quarter fiscal 2016 results after the market closes on Jul 30. The big question facing investors now is, whether the company will be able to deliver a positive earnings surprise. Here's a discussion on the determinants of the first-quarter results:
Where is the Stock Heading?
Shares of Deckers have tumbled roughly 4% since its fourth-quarter fiscal 2015 results were announced on May 28. So far this year, the stock has plunged 24%. It has been more than six months since the company hit a 52-week high. It had last reached the pinnacle on Dec 12, 2014.
Deckers made a grand exit from fiscal 2015 in terms of actual numbers. However, a subdued outlook for the first quarter of fiscal 2016 made investors apprehensive. The company delivered earnings of 4 cents per share in the final quarter of fiscal 2015 that fared better than the Zacks Consensus Estimate of a breakeven as well as a loss of 8 cents in the year-ago quarter.
However, management's projection of a wider loss in the first quarter of fiscal 2016 compared with analysts' expectations and the year-ago quarter figure, turned investors away from the stock.
Consensus Estimate Negatively Skewed
Deckers had earlier projected loss per share of about $1.52 on both a constant currency and reported basis for first-quarter fiscal 2016 compared with loss per share of $1.07 in the year-ago period. The company had previously predicted that revenues would increase only marginally, on a constant currency basis and remain flat, on a reported basis.
The dismal outlook triggered downward estimate revisions and the Zacks Consensus Estimate declined to $5.08 and $5.65 per share for fiscal 2016 and fiscal 2017, down 3 cents and 11 cents, respectively, over the past 60 days. For the first quarter of fiscal 2016, the Zacks Consensus Estimate of a loss of $1.51 widened by 34 cents over the same time frame.
Zacks Model Shows Unlikely Earnings Beat
Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen.
Deckers has an Earnings ESP of 0.00% as the Most Accurate estimate and the Zacks Consensus Estimate both stand at a loss of $1.51. The company carries a Zacks Rank #3 (Hold), which increases the predictive power of ESP. However, the company's ESP of 0.00% makes surprise prediction difficult.
3 Stocks Poised to Beat Earnings Estimates
Here are three stocks you may want to consider as our model shows that these have the right combination of elements:
Skechers USA Inc. SKX has an Earnings ESP of +2.02% and a Zacks Rank #1 (Strong Buy).
Dean Foods Company DF has an Earnings ESP of +3.85% and a Zacks Rank #2 (Buy).
The Walt Disney Company DIS has an Earnings ESP of +2.16% and a Zacks Rank #3.
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 >>
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 USA-A (SKX): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
DEAN FOODS CO (DF): Free Stock Analysis Report
DISNEY WALT (DIS): 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.
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 , designer, producer and brand manager of innovative, niche footwear and accessories, is expected to report first-quarter fiscal 2016 results after the market closes on Jul 30. Shares of Deckers have tumbled roughly 4% since its fourth-quarter fiscal 2015 results were announced on May 28. Deckers made a grand exit from fiscal 2015 in terms of actual numbers.
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Consensus Estimate Negatively Skewed Deckers had earlier projected loss per share of about $1.52 on both a constant currency and reported basis for first-quarter fiscal 2016 compared with loss per share of $1.07 in the year-ago period. Zacks Model Shows Unlikely Earnings Beat Our proven model does not conclusively show that Deckers is likely to beat earnings estimates this quarter. Click to get this free report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report DEAN FOODS CO (DF): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report DEAN FOODS CO (DF): Free Stock Analysis Report DISNEY WALT (DIS): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK , designer, producer and brand manager of innovative, niche footwear and accessories, is expected to report first-quarter fiscal 2016 results after the market closes on Jul 30. Shares of Deckers have tumbled roughly 4% since its fourth-quarter fiscal 2015 results were announced on May 28.
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Deckers has an Earnings ESP of 0.00% as the Most Accurate estimate and the Zacks Consensus Estimate both stand at a loss of $1.51. Deckers Outdoor Corp.DECK , designer, producer and brand manager of innovative, niche footwear and accessories, is expected to report first-quarter fiscal 2016 results after the market closes on Jul 30. Shares of Deckers have tumbled roughly 4% since its fourth-quarter fiscal 2015 results were announced on May 28.
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c32e23e0-9fed-418b-8280-28c5abb0b596
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724594.0
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2015-07-02 00:00:00 UTC
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Interesting DECK Put And Call Options For August 14th
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DECK
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https://www.nasdaq.com/articles/interesting-deck-put-and-call-options-august-14th-2015-07-02
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nan
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nan
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Investors in Deckers Outdoor Corp. (Symbol: DECK) saw new options begin trading today, for the August 14th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DECK options chain for the new August 14th contracts and identified one put and one call contract of particular interest.
The put contract at the $74.00 strike price has a current bid of $2.90. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $74.00, but will also collect the premium, putting the cost basis of the shares at $71.10 (before broker commissions). To an investor already interested in purchasing shares of DECK, that could represent an attractive alternative to paying $74.64/share today.
Because the $74.00 strike represents an approximate 1% 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 55%. 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 3.92% return on the cash commitment, or 33.27% 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 $74.00 strike is located relative to that history:
Considering the fact that the $79.00 strike represents an approximate 6% 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 63%. 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 2.21% boost of extra return to the investor, or 18.76% annualized, which we refer to as the YieldBoost .
The implied volatility in the put contract example is 40%, while the implied volatility in the call contract example is 39%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $74.64) to be 37%. 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.
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 a chart showing the trailing twelve month trading history for Deckers Outdoor Corp., and highlighting in green where the $74.00 strike is located relative to that history: Considering the fact that the $79.00 strike represents an approximate 6% 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 begin trading today, for the August 14th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DECK options chain for the new August 14th contracts and identified one put and one call contract of particular interest.
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Investors in Deckers Outdoor Corp. (Symbol: DECK) saw new options begin trading today, for the August 14th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DECK options chain for the new August 14th contracts and identified one put and one call contract of particular interest. To an investor already interested in purchasing shares of DECK, that could represent an attractive alternative to paying $74.64/share today.
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At Stock Options Channel , our YieldBoost formula has looked up and down the DECK options chain for the new August 14th contracts and identified one put and one call contract of particular interest. Below is a chart showing the trailing twelve month trading history for Deckers Outdoor Corp., and highlighting in green where the $74.00 strike is located relative to that history: Considering the fact that the $79.00 strike represents an approximate 6% 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 begin trading today, for the August 14th expiration.
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At Stock Options Channel , our YieldBoost formula has looked up and down the DECK options chain for the new August 14th contracts and identified one put and one call contract of particular interest. Below is a chart showing the trailing twelve month trading history for Deckers Outdoor Corp., and highlighting in green where the $74.00 strike is located relative to that history: Considering the fact that the $79.00 strike represents an approximate 6% 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 begin trading today, for the August 14th expiration.
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7ebe82d1-18ce-4f3d-bda4-8680bba2f304
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724595.0
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2015-06-25 00:00:00 UTC
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August 7th Options Now Available For Deckers Outdoor (DECK)
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DECK
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https://www.nasdaq.com/articles/august-7th-options-now-available-deckers-outdoor-deck-2015-06-25
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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 August 7th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DECK options chain for the new August 7th contracts and identified one put and one call contract of particular interest.
The put contract at the $73.00 strike price has a current bid of $2.80. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $73.00, but will also collect the premium, putting the cost basis of the shares at $70.20 (before broker commissions). To an investor already interested in purchasing shares of DECK, that could represent an attractive alternative to paying $73.84/share today.
Because the $73.00 strike represents an approximate 1% 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 56%. 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 3.84% return on the cash commitment, or 32.56% 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 $73.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $75.50 strike price has a current bid of $3.10. If an investor was to purchase shares of DECK stock at the current price level of $73.84/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $75.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 6.45% if the stock gets called away at the August 7th 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 $75.50 strike highlighted in red:
Considering the fact that the $75.50 strike represents an approximate 2% 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 53%. 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 4.20% boost of extra return to the investor, or 35.64% annualized, which we refer to as the YieldBoost .
The implied volatility in the put contract example is 37%, while the implied volatility in the call contract example is 43%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $73.84) to be 37%. 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.
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 $75.50 strike highlighted in red: Considering the fact that the $75.50 strike represents an approximate 2% 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 August 7th expiration.
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Below is a chart showing DECK's trailing twelve month trading history, with the $75.50 strike highlighted in red: Considering the fact that the $75.50 strike represents an approximate 2% 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 August 7th expiration. At Stock Options Channel , our YieldBoost formula has looked up and down the DECK options chain for the new August 7th contracts and identified one put and one call contract of particular interest.
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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 $73.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $75.50 strike price has a current bid of $3.10. Below is a chart showing DECK's trailing twelve month trading history, with the $75.50 strike highlighted in red: Considering the fact that the $75.50 strike represents an approximate 2% 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 August 7th expiration.
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At Stock Options Channel , our YieldBoost formula has looked up and down the DECK options chain for the new August 7th 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 $75.50 strike highlighted in red: Considering the fact that the $75.50 strike represents an approximate 2% 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 August 7th expiration.
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f91eebee-f464-4e31-ba29-eb985dd5597f
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724596.0
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2015-06-19 00:00:00 UTC
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The Zacks Analyst Blog Highlights: Deckers Outdoor, Skechers USA, Rocky Brands and Caleres - Press Releases
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DECK
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-deckers-outdoor-skechers-usa-rocky-brands-and-caleres
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nan
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nan
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For Immediate Release
Chicago, IL - June 19, 2015 - 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 the Deckers Outdoor Corp. ( DECK ), Skechers USA Inc. ( SKX ), Rocky Brands, Inc. ( RCKY ) and Caleres, Inc. ( CAL ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free .
Here are highlights from Thursday's Analyst Blog:
3 Footwear Stocks Running Ahead of Deckers
Deckers Outdoor Corp. ( DECK ) made a grand exit from fiscal 2015 in terms of actual numbers. Still, a subdued outlook for the first quarter of fiscal 2016 troubled the investors of this designer, producer and brand manager of footwear and accessories.
The company delivered earnings of 4 cents per share in the final quarter of fiscal 2015 that fared better than the Zacks Consensus Estimate of a breakeven as well as a loss of 8 cents in the year-ago quarter. The better-than-expected bottom line was backed by higher net sales, partially offset by a subdued gross margin. Net sales grew 15.6% and also came ahead of analysts' expectations.
However, management's projection of a wider loss in the first quarter compared with analysts' expectations and the year-ago quarter figure, makes us cautious on the stock. Deckers now projects loss per share of about $1.52 on both a constant currency and reported basis compared with loss per share of $1.07 in the year-ago period. The company also projects revenues increase only marginally on a constant currency basis and remain flat on a reported basis.
The dismal outlook triggered off downward estimate revisions and the Zacks Consensus Estimate trended to $5.08 and $5.67 per share for fiscal 2016 and fiscal 2017, down 3 cents and 9 cents, respectively, over the past 30 days. For the first quarter of fiscal 2016, the Zacks Consensus Estimate of a loss of $1.50 widened by 33 cents over the same time frame.
Shares of this Zacks Rank #3 (Hold) stock has tumbled roughly 17% so far in the year, while in the past one year, it has fallen about 8.3%. But all is not bleak at Deckers. The company is targeting profitable markets, and remains focused on product innovation, store augmentation and enhancing eCommerce capabilities.
Yet we would like to bring to investors' notice three footwear stocks that are at far more comfortable positions than Deckers based on the parameters of Zacks Rank, estimate revision, and stock movement.
3 Alternative Picks
We suggest investing in Skechers USA Inc. ( SKX ), the designer, developer, marketer and distributor of footwear for men, women and children. This Zacks Rank #2 (Buy) stock has more than doubled in the past year.
The Manhattan Beach, CA-based company has delivered an average positive earnings beat of 22.5% over the trailing four quarters. It is expected to witness earnings growth of 51.4% in 2015 and 27.6% in 2016. The Zacks Consensus Estimate also has been on the rise over the past 60 days.
Rocky Brands, Inc. ( RCKY ), designer, manufacturer and marketer of footwear and apparel, is another solid bet. The stock also holds a Zacks Rank #2 and has surged roughly 22% in one year. Based in Nelsonville, OH, the company delivered an average positive earnings surprise of 24.2% over the trailing four quarters. The company is expected to witness earnings growth of 21.5% in 2015 and 19% in 2016. The Zacks Consensus Estimate has been showing an uptrend over the past 60 days.
Another Zacks Rank #2 stock that investors may look forward to is Caleres, Inc. ( CAL ). This footwear company has advanced 15.4% in the past one year. An average positive earnings surprise of 20.8% over the trailing four quarters and long-term earnings growth rate of 11% also make this St. Louis, MO player pretty attractive. The company is expected to witness earnings growth of 13% in fiscal 2015 and 12.3% in fiscal 2016. The Zacks Consensus Estimate too has been increasing over the past 30 days.
Bottom Line
We do not buy footwear that does not fit, suit or last. The same applies to stocks. Investors can confidently end their search at stocks with a better Zacks Rank status of either #1 (Strong Buy) or #2 (Buy), which encompass its strong fundamentals, promise price movement and show analysts' constructive view on it via positive estimate revisions. A sturdy portfolio always gives favorable returns.
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 >>
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today .
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 (DECK): Free Stock Analysis Report
SKECHERS USA-A (SKX): Free Stock Analysis Report
ROCKY BRANDS (RCKY): Free Stock Analysis Report
CALERES INC (CAL): Free Stock Analysis Report
To read this article on Zacks.com 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.
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 the Deckers Outdoor Corp. ( DECK ), Skechers USA Inc. ( SKX ), Rocky Brands, Inc. ( RCKY ) and Caleres, Inc. ( CAL ). Here are highlights from Thursday's Analyst Blog: 3 Footwear Stocks Running Ahead of Deckers Deckers Outdoor Corp. ( DECK ) made a grand exit from fiscal 2015 in terms of actual numbers. Deckers now projects loss per share of about $1.52 on both a constant currency and reported basis compared with loss per share of $1.07 in the year-ago period.
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Stocks recently featured in the blog include the Deckers Outdoor Corp. ( DECK ), Skechers USA Inc. ( SKX ), Rocky Brands, Inc. ( RCKY ) and Caleres, Inc. ( CAL ). Here are highlights from Thursday's Analyst Blog: 3 Footwear Stocks Running Ahead of Deckers Deckers Outdoor Corp. ( DECK ) made a grand exit from fiscal 2015 in terms of actual numbers. Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report ROCKY BRANDS (RCKY): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here.
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Yet we would like to bring to investors' notice three footwear stocks that are at far more comfortable positions than Deckers based on the parameters of Zacks Rank, estimate revision, and stock movement. Click to get this free report DECKERS OUTDOOR (DECK): Free Stock Analysis Report SKECHERS USA-A (SKX): Free Stock Analysis Report ROCKY BRANDS (RCKY): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include the Deckers Outdoor Corp. ( DECK ), Skechers USA Inc. ( SKX ), Rocky Brands, Inc. ( RCKY ) and Caleres, Inc. ( CAL ).
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Stocks recently featured in the blog include the Deckers Outdoor Corp. ( DECK ), Skechers USA Inc. ( SKX ), Rocky Brands, Inc. ( RCKY ) and Caleres, Inc. ( CAL ). Here are highlights from Thursday's Analyst Blog: 3 Footwear Stocks Running Ahead of Deckers Deckers Outdoor Corp. ( DECK ) made a grand exit from fiscal 2015 in terms of actual numbers. Deckers now projects loss per share of about $1.52 on both a constant currency and reported basis compared with loss per share of $1.07 in the year-ago period.
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32020ed1-bd5f-4d00-b223-0fab0ab7b75c
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724597.0
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2015-06-18 00:00:00 UTC
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3 Footwear Stocks Running Ahead of Deckers - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/3-footwear-stocks-running-ahead-of-deckers-analyst-blog-2015-06-18
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nan
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nan
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Deckers Outdoor Corp.DECK made a grand exit from fiscal 2015 in terms of actual numbers. Still, a subdued outlook for the first quarter of fiscal 2016 troubled the investors of this designer, producer and brand manager of footwear and accessories.
The company delivered earnings of 4 cents per share in the final quarter of fiscal 2015 that fared better than the Zacks Consensus Estimate of a breakeven as well as a loss of 8 cents in the year-ago quarter. The better-than-expected bottom line was backed by higher net sales, partially offset by a subdued gross margin. Net sales grew 15.6% and also came ahead of analysts' expectations.
However, management's projection of a wider loss in the first quarter compared with analysts' expectations and the year-ago quarter figure, makes us cautious on the stock. Deckers now projects loss per share of about $1.52 on both a constant currency and reported basis compared with loss per share of $1.07 in the year-ago period. The company also projects revenues increase only marginally on a constant currency basis and remain flat on a reported basis.
The dismal outlook triggered off downward estimate revisions and the Zacks Consensus Estimate trended to $5.08 and $5.67 per share for fiscal 2016 and fiscal 2017, down 3 cents and 9 cents, respectively, over the past 30 days. For the first quarter of fiscal 2016, the Zacks Consensus Estimate of a loss of $1.50 widened by 33 cents over the same time frame.
Shares of this Zacks Rank #3 (Hold) stock has tumbled roughly 17% so far in the year, while in the past one year, it has fallen about 8.3%. But all is not bleak at Deckers. The company is targeting profitable markets, and remains focused on product innovation, store augmentation and enhancing eCommerce capabilities.
Yet we would like to bring to investors' notice three footwear stocks that are at far more comfortable positions than Deckers based on the parameters of Zacks Rank, estimate revision, and stock movement.
3 Alternative Picks
We suggest investing in Skechers USA Inc.SKX , the designer, developer, marketer and distributor of footwear for men, women and children. This Zacks Rank #2 (Buy) stock has more than doubled in the past year.
The Manhattan Beach, CA-based company has delivered an average positive earnings beat of 22.5% over the trailing four quarters. It is expected to witness earnings growth of 51.4% in 2015 and 27.6% in 2016. The Zacks Consensus Estimate also has been on the rise over the past 60 days.
Rocky Brands, Inc.RCKY , designer, manufacturer and marketer of footwear and apparel, is another solid bet. The stock also holds a Zacks Rank #2 and has surged roughly 22% in one year. Based in Nelsonville, OH, the company delivered an average positive earnings surprise of 24.2% over the trailing four quarters. The company is expected to witness earnings growth of 21.5% in 2015 and 19% in 2016. The Zacks Consensus Estimate has been showing an uptrend over the past 60 days.
Another Zacks Rank #2 stock that investors may look forward to is Caleres, Inc.CAL . This footwear company has advanced 15.4% in the past one year. An average positive earnings surprise of 20.8% over the trailing four quarters and long-term earnings growth rate of 11% also make this St. Louis, MO player pretty attractive. The company is expected to witness earnings growth of 13% in fiscal 2015 and 12.3% in fiscal 2016. The Zacks Consensus Estimate too has been increasing over the past 30 days.
Bottom Line
We do not buy footwear that does not fit, suit or last. The same applies to stocks. Investors can confidently end their search at stocks with a better Zacks Rank status of either #1 (Strong Buy) or #2 (Buy), which encompass its strong fundamentals, promise price movement and show analysts' constructive view on it via positive estimate revisions. A sturdy portfolio always gives favorable returns.
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 >>
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 USA-A (SKX): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
ROCKY BRANDS (RCKY): 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.
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 made a grand exit from fiscal 2015 in terms of actual numbers. Deckers now projects loss per share of about $1.52 on both a constant currency and reported basis compared with loss per share of $1.07 in the year-ago period. But all is not bleak at Deckers.
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Click to get this free report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ROCKY BRANDS (RCKY): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK made a grand exit from fiscal 2015 in terms of actual numbers. Deckers now projects loss per share of about $1.52 on both a constant currency and reported basis compared with loss per share of $1.07 in the year-ago period.
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Yet we would like to bring to investors' notice three footwear stocks that are at far more comfortable positions than Deckers based on the parameters of Zacks Rank, estimate revision, and stock movement. Click to get this free report SKECHERS USA-A (SKX): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report ROCKY BRANDS (RCKY): Free Stock Analysis Report CALERES INC (CAL): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor Corp.DECK made a grand exit from fiscal 2015 in terms of actual numbers.
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Deckers Outdoor Corp.DECK made a grand exit from fiscal 2015 in terms of actual numbers. Deckers now projects loss per share of about $1.52 on both a constant currency and reported basis compared with loss per share of $1.07 in the year-ago period. But all is not bleak at Deckers.
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7803845a-71f4-4475-9712-c430e1ce6a05
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724598.0
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2015-06-01 00:00:00 UTC
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Deckers (DECK) Falls Despite Q4 Earnings Beat: Here's Why - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/deckers-deck-falls-despite-q4-earnings-beat%3A-heres-why-analyst-blog-2015-06-01
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nan
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nan
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Despite ending fiscal 2015 on an upbeat note, shares of Deckers Outdoor Corp.DECK tumbled 4.3% last Friday. Although this designer, producer and brand manager of footwear and accessories posted better-than-expected fourth-quarter results, its subdued outlook for the first quarter of fiscal 2016 made investors wary.
The company delivered earnings of 4 cents a share in the final quarter of fiscal 2015 that fared better than the Zacks Consensus Estimate of a breakeven as well as a loss of 8 cents in the year-ago quarter. The better-than-expected bottom-line performance was backed by higher net sales, partially offset by subdued gross margin.
Net sales grew 15.6% and also came ahead of analysts' expectations. Sales trends remained sturdy across the Direct-to-Consumer division, while Omni-Channel initiatives boosted consumer experience.
However, management's projection of a wider loss in the first quarter compared with analysts' expectations and the year-ago quarter figure, makes us cautious on the stock. Deckers now projects loss per share of about $1.52 on both a constant currency and reported basis compared with loss per share of $1.07 in the year-ago period. For the first quarter, the company envisions revenue to increase marginally on a constant currency basis, but expects it to remain flat on a reported basis.
The dismal outlook triggered a downtrend in the Zacks Consensus Estimate to $5.07 and $5.57 per share for fiscal 2016 and fiscal 2017, down 0.8% and 3.3%, respectively, over the past 7 days. For the first quarter of fiscal 2016, the Zacks Consensus Estimate of a loss of $1.36 increased by 19 cents over the same time frame.
Deckers currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the retail sector include Boot Barn Holdings, Inc. BOOT , Nike, Inc. NKE and Carter's, Inc. CRI , all carrying a Zacks Rank #2 (Buy).
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DECKERS OUTDOOR (DECK): Free Stock Analysis Report
BOOT BARN HLDGS (BOOT): Free Stock Analysis Report
CARTERS INC (CRI): Free Stock Analysis Report
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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.
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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Despite ending fiscal 2015 on an upbeat note, shares of Deckers Outdoor Corp.DECK tumbled 4.3% last Friday. Deckers now projects loss per share of about $1.52 on both a constant currency and reported basis compared with loss per share of $1.07 in the year-ago period. Deckers currently carries a Zacks Rank #3 (Hold).
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report BOOT BARN HLDGS (BOOT): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report To read this article on Zacks.com click here. Despite ending fiscal 2015 on an upbeat note, shares of Deckers Outdoor Corp.DECK tumbled 4.3% last Friday. Deckers now projects loss per share of about $1.52 on both a constant currency and reported basis compared with loss per share of $1.07 in the year-ago period.
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report BOOT BARN HLDGS (BOOT): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report To read this article on Zacks.com click here. Despite ending fiscal 2015 on an upbeat note, shares of Deckers Outdoor Corp.DECK tumbled 4.3% last Friday. Deckers now projects loss per share of about $1.52 on both a constant currency and reported basis compared with loss per share of $1.07 in the year-ago period.
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Despite ending fiscal 2015 on an upbeat note, shares of Deckers Outdoor Corp.DECK tumbled 4.3% last Friday. Deckers now projects loss per share of about $1.52 on both a constant currency and reported basis compared with loss per share of $1.07 in the year-ago period. Deckers currently carries a Zacks Rank #3 (Hold).
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feb7d1ec-6107-4f89-83e1-387517a5c5fa
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724599.0
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2015-05-29 00:00:00 UTC
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Deckers' Q4 Earnings Top Estimates; Projects Wider Q1 Loss - Analyst Blog
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DECK
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https://www.nasdaq.com/articles/deckers-q4-earnings-top-estimates-projects-wider-q1-loss-analyst-blog-2015-05-29
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nan
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nan
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Deckers Outdoor CorporationDECK posted fourth-quarter fiscal 2015 earnings of 4 cents a share that fared better than the Zacks Consensus Estimate of a breakeven as well as a loss of 8 cents reported in the year-ago quarter. The better-than-expected bottom-line performance was backed by higher net sales, partially offset by subdued gross margin.
The company's net sales came in at $340.6 million, ahead of the Zacks Consensus Estimate of $321 million. Also, the top line rose 15.6% from the year-ago quarter, buoyed by the strong performance of its UGG, Teva, Sanuk and HOKA ONE ONE brands. It is to be noted that despite currency headwinds the sales growth rate surpassed the company's forecast of 10%. On a constant currency basis, net sales jumped 19.1%.
We are encouraged by this Zacks Rank #3 (Hold) stock's fourth-quarter performance. However, the company's projection of a wider loss for the first quarter of fiscal 2016 compared with the Zacks Consensus Estimate and the year-ago quarter figure makes us cautious.
Nevertheless, sales trends remained sturdy across the Direct-to-Consumer division, while Omni-Channel initiatives boosted consumer experience. Stellar eCommerce performance also contributed to sales growth. The company 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. Alongside, the company is making new additions to its portfolio, as evident from its latest acquisition of Koolaburra, a footwear brand.
On the international front, the company is targeting underpenetrated markets, enhancing eCommerce capabilities in Asia, and transitioning to direct distribution in Germany.
During the reported quarter, the company's domestic sales grew 9.8% to $217.7 million, while international sales increased 27.5% to $122.9 million. Direct-to-Consumer sales jumped 14.1% to $135.5 million. Direct-to-Consumer comparable sales, comprising worldwide retail comparable-store sales (comps) and eCommerce sales, rose 4.7%.
Retail Stores sales advanced 7.7% to $86.3 million, propelled by the opening of 30 new stores after Mar 31, 2014, partly offset by a 6.5% decline in comps. E-commerce sales surged 27.4% to $49.2 million, reflecting robust demand of the UGG brand globally.
Gross profit climbed 5.6% to $152.3 million from the prior-year quarter. However, gross margin contracted 420 basis points (bps) to 44.7% due to unfavorable currency fluctuations, higher closeout sales and increase in air freight charges.
Brand-wise Discussion
The UGG brand's net sales rose 9.7% to $216.8 million, primarily on an increase in worldwide wholesale and distributor sales, surge in global eCommerce sales, contribution from new retail outlets, partially offset by a decrease in comps.
The Teva brand's net sales grew 13.4% to $53.1 million, reflecting an increase in international wholesale and distributor sales, partly offset by a decline in domestic wholesale revenues.
Sales for the Sanuk brand, known for its exclusive sandals and shoes, were $39.2 million, up 27.9% from the year-ago quarter. The increase is attributable to higher domestic wholesale revenues and international distributor sales.
Combined net sales of Deckers' Other brands for the quarter were $31.5 million that surged 60.9% year over year, primarily on the back of the company's HOKA ONE ONE brand.
Store Update
Deckers, the designer, producer and brand manager of footwear and accessories, aims to open 16 new outlets during fiscal 2016 compared with 30 stores opened in fiscal 2015. There are currently 142 company-owned retail stores.
Other Financial Aspects
Deckers, which competes with Wolverine World Wide Inc. WWW , ended the quarter with cash and cash equivalents of $225.1 million, short-term borrowings of $5.4 million, and shareholders' equity of $937 million. Inventories jumped 12.9% year over year to $238.9 million.
During the quarter, Deckers bought back approximately 1.3 million shares at a price of $73.45 per share, aggregating $93.9 million. As of Mar 31, 2015, the company had exhausted its share repurchase authorization of $200 million, announced in Jul 2012. However, the company still had $172.1 million remaining under its $200 million stock repurchase authorization announced in Jan 2015.
Management projects capital expenditures in the band of $65-$70 million for fiscal 2016.
Guidance
Management now projects total revenue growth of 10.5%, on a constant currency basis, to $2.01 billion for fiscal 2016. On a reported basis, revenue is expected to increase 8% to $1.96 billion.
The company anticipates sales growth of 9% at the Teva brand, 11% at the Sanuk brand, 74% at the HOKA ONE ONE brand, and 5%-6% at the UGG brand. In constant currency, Deckers estimates sales growth of 8%-9% at the UGG brand.
Gross margin for fiscal 2016 is expected to contract 30 bps to approximately 48% on account of strong U.S. dollar, partly offset by a fall in input costs and higher penetration of Direct-to-Consumer channels.
Management now projects earnings for fiscal 2016 to rise 20%, on a constant currency basis, to $5.60 per share, while on a reported basis, earnings per share are expected to be $5.09, reflecting an increase of 9%. The current Zacks Consensus Estimate for fiscal 2016 stands at $5.06.
For the first quarter of fiscal 2016, Deckers envisions revenue to increase marginally on a constant currency basis, but expects it to remain flat on a reported basis.
Management now projects loss per share of about $1.52 on both a constant currency and reported basis for the first quarter, compared with loss per share of $1.07 in the year-ago period. The current Zacks Consensus Estimate for the quarter is pegged at a loss of $1.17.
Stocks that Warrant a Look
Better-ranked stocks in the retail sector include Carter's, Inc. CRI and Nike, Inc. NKE both carrying a Zacks Rank #2 (Buy).
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 >>
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-B (NKE): Free Stock Analysis Report
DECKERS OUTDOOR (DECK): Free Stock Analysis Report
WOLVERINE WORLD (WWW): Free Stock Analysis Report
CARTERS INC (CRI): Free Stock Analysis Report
To read this article on Zacks.com 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.
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 CorporationDECK posted fourth-quarter fiscal 2015 earnings of 4 cents a share that fared better than the Zacks Consensus Estimate of a breakeven as well as a loss of 8 cents reported in the year-ago quarter. Combined net sales of Deckers' Other brands for the quarter were $31.5 million that surged 60.9% year over year, primarily on the back of the company's HOKA ONE ONE brand. Store Update Deckers, the designer, producer and brand manager of footwear and accessories, aims to open 16 new outlets during fiscal 2016 compared with 30 stores opened in fiscal 2015.
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor CorporationDECK posted fourth-quarter fiscal 2015 earnings of 4 cents a share that fared better than the Zacks Consensus Estimate of a breakeven as well as a loss of 8 cents reported in the year-ago quarter. Combined net sales of Deckers' Other brands for the quarter were $31.5 million that surged 60.9% year over year, primarily on the back of the company's HOKA ONE ONE brand.
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Click to get this free report NIKE INC-B (NKE): Free Stock Analysis Report DECKERS OUTDOOR (DECK): Free Stock Analysis Report WOLVERINE WORLD (WWW): Free Stock Analysis Report CARTERS INC (CRI): Free Stock Analysis Report To read this article on Zacks.com click here. Deckers Outdoor CorporationDECK posted fourth-quarter fiscal 2015 earnings of 4 cents a share that fared better than the Zacks Consensus Estimate of a breakeven as well as a loss of 8 cents reported in the year-ago quarter. Combined net sales of Deckers' Other brands for the quarter were $31.5 million that surged 60.9% year over year, primarily on the back of the company's HOKA ONE ONE brand.
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In constant currency, Deckers estimates sales growth of 8%-9% at the UGG brand. Deckers Outdoor CorporationDECK posted fourth-quarter fiscal 2015 earnings of 4 cents a share that fared better than the Zacks Consensus Estimate of a breakeven as well as a loss of 8 cents reported in the year-ago quarter. Combined net sales of Deckers' Other brands for the quarter were $31.5 million that surged 60.9% year over year, primarily on the back of the company's HOKA ONE ONE brand.
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