Deckers Trades Above 200 & 50-Day SMA: How to Play the DECK Stock?

Zacks09-26

Deckers Outdoor Corporation DECK reached a significant support level and could be a good pick for investors from a technical perspective. DECK broke through the 200-day and 50-day simple moving ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDeckers Trades Above 200 & 50-Day SMA: How to Play the DECK Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-26 20:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/deckers-trades-above-200-50-121600029.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Deckers Outdoor Corporation DECK reached a significant support level and could be a good pick for investors from a technical perspective.\nDECK broke through the 200-day and 50-day simple moving ...</p>\n\n<a href=\"https://finance.yahoo.com/news/deckers-trades-above-200-50-121600029.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0266013472.USD","symbol_name":"AXA WF - Framlington Longevity Economy A Cap USD","start_time":0,"source_url":"https://finance.yahoo.com/news/deckers-trades-above-200-50-121600029.html","article_id":"2470378217","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/uz5SHrKydwTHPpme23Pj.w--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/7f0598758e6a78048273e4a11e204c13"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470378217","pubTimestamp":1727352960,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Deckers Outdoor Corporation DECK reached a significant support level and could be a good pick for investors from a technical perspective.DECK broke through the 200-day and 50-day simple moving averages , which suggests a long-term bullish trend. SMA is employed to ascertain whether the price of a security is trending upward or downward.Closing at $154.50 yesterday, the stock exceeded both its 200-day and 50-day SMA of $145.89 and $151.92, respectively, highlighting a sustained upward trend.DECK has displayed a decent performance so far, with its shares appreciating 38.7% year to date. This performance significantly outpaces the Zacks Retail - Apparel and Shoes industry, which has seen growth of 8.2%. The company’s focus on brand expansion, innovation in product development, international market expansion and strengthening direct-to-consumer  channels has helped it outperform the S&P 500 Index, which grew 21.3% during the same period.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","BK4190":"消闲用品","LU1878469433.USD":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC","BK4588":"碎股","BK4146":"鞋类","BK4566":"资本集团","BURL":"伯灵顿百货","BK4094":"服装零售","DTC":"Solo Brands, Inc.","ANF":"爱芬奇","DECK":"Deckers Outdoor Corporation","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","SCVL":"Shoe Carnival"},"translate_title":"Deckers交易价格高于200和50日均线：如何玩DECK股票？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ANF":1,"DECK":1,"DTC":1,"SCVL":1,"BURL":0.9},"content_text":"Deckers Outdoor Corporation DECK reached a significant support level and could be a good pick for investors from a technical perspective.\nDECK broke through the 200-day and 50-day simple moving averages (SMA), which suggests a long-term bullish trend. SMA is employed to ascertain whether the price of a security is trending upward or downward.\nImage Source: Zacks Investment Research\nClosing at $154.50 yesterday, the stock exceeded both its 200-day and 50-day SMA of $145.89 and $151.92, respectively, highlighting a sustained upward trend.\nDECK has displayed a decent performance so far, with its shares appreciating 38.7% year to date. This performance significantly outpaces the Zacks Retail - Apparel and Shoes industry, which has seen growth of 8.2%. The company’s focus on brand expansion, innovation in product development, international market expansion and strengthening direct-to-consumer (DTC) channels has helped it outperform the S&P 500 Index, which grew 21.3% during the same period.\nImage Source: Zacks Investment Research\nGiven the significant gains in its share price this year, the company recently implemented a 6-for-1 stock split to make its common stock more affordable to a wider range of investors, while boosting the trading liquidity of its shares. This stock split is perceived as a welcome move by investors because of its affordability and availability of more shares for trading.\nDECK Stock’s Growth Driven by Customer-Centricity and Innovation\nDeckers have made notable progress with successful launches of new styles and collections, keeping a customer-centric approach at the forefront. This strategy has allowed the company to expand into product categories such as casual boots, winter footwear and casual shoes, effectively meeting evolving consumer demands.The focus on innovation is further demonstrated by the introduction of compelling products, which not only captivate consumers but also reinforce the brand's competitive edge in the market. The success of styles like the Cielo X1 and Skyward X, which surpassed expectations, highlights the company's commitment to performance and technological advancement. Brand expansion is another area of focus for sustained growth. HOKA's strong performance is fueled by its compelling product assortment. The increasing acceptance of both the UGG and HOKA brands, combined with their diverse product lines and robust international presence, creates significant expansion opportunities. This strategy led to impressive sales growth, with HOKA achieving a 29.7% increase and UGG seeing a 14% rise in the first quarter of fiscal 2025.Deckers' DTC business and a proactive omnichannel expansion strategy bode well. The company's focus on aligning product creation, marketing and omnichannel distribution with consumer needs has enhanced both short-term performance and its long-term brand vision, resulting in 24% sales growth in the first quarter of fiscal 2025.   \nBumps in DECK Stock’s Path\nWhile Deckers continues to perform strongly overall, it faces ongoing challenges with its Teva and Sanuk brands due to a subdued demand environment. This resulted in a 4.3% decline in Teva sales in the first quarter of fiscal 2025, while Sanuk experienced a significant sales drop of 28.4% during the same period. The company finalized an agreement to sell off the Sanuk brand, with the transaction anticipated to be completed by August 2024.Looking ahead, the company expects potential margin pressures. This anticipated margin compression stems from rising costs, particularly from increased freight expenses and a shift toward a more normalized promotional environment. This move toward more promotions and discounts could further squeeze margins, challenging the company's ability to maintain its profitability at the levels seen in the past year.\nDeckers Stock’s Premium Valuation\nFrom a valuation standpoint, Deckers currently trades at a premium relative to its industry peers. The company’s forward 12-month price-to-earnings (P/E) ratio is 28.02, higher than the industry average of 16.47. This elevated valuation suggests that investors might be paying a premium relative to the company's anticipated earnings growth.\nImage Source: Zacks Investment Research\nInvestment Guidance on DECK Stock\nShares of Deckers have shown strength on the bourses, thanks to the company’s strategic endeavors. As a result, the stock is trading relatively at a higher valuation than its industry, making it difficult for new investors to take a plunge. Moreover, anticipated margin compression, stemming from rising costs, may arrest the stock’s momentum in the short run. However, investors with a long-term horizon may stay invested in this Zacks Rank #3 (Hold) company.\nThree Stocks to Consider\nWe have highlighted three better-ranked stocks in the broader sector, namely Abercrombie & Fitch Co. ANF, Shoe Carnival SCVL and Burlington Stores BURL.Abercrombie, a leading casual apparel retailer, currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for ANF’s current financial-year sales and earnings indicates growth of 13% and 63.4%, respectively, from the year-ago reported figures. Abercrombie has a trailing four-quarter earnings surprise of 27.9%, on average.Shoe Carnival, one of the nation's largest family footwear retailers, offers a broad assortment of moderately priced dress, casual and athletic footwear for men, women and children. The stock currently carries a Zacks Rank #2 (Buy).The Zacks Consensus Estimate for SCVL's current fiscal sales indicates growth of 5.09% from the year-ago reported figure.Burlington Stores is a nationally recognized off-price retailer of high-quality, branded apparel, footwear, accessories and merchandise for the home at everyday low prices. It currently sports a Zacks Rank #2. BURL has a trailing four-quarter earnings surprise of 18.4%, on average.The Zacks Consensus Estimate for Burlington Stores’ current financial-year sales and earnings suggests growth of 10.1% and 30.5%, respectively, from the year-ago reported numbers.\nWant 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\nAbercrombie & Fitch Company (ANF) : Free Stock Analysis Report\nDeckers Outdoor Corporation (DECK) : Free Stock Analysis Report\nShoe Carnival, Inc. (SCVL) : Free Stock Analysis Report\nBurlington Stores, Inc. (BURL) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2470378217"}