Deckers Outdoor Corp Could Rise a Lot According to The Today’s Call Option Activity

 Deckers Outdoor Corp Could Rise a Lot According to The Today's Call Option Activity

In today’s session Deckers Outdoor Corp (DECK) registered an unusually high (4,016) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious DECK increase. With 4,016 contracts traded and 974 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: DECK161118C00055000 closed last at: $0.8 or 54.3% down. About 243,180 shares traded hands. Deckers Outdoor Corp (NYSE:DECK) has declined 14.64% since March 31, 2016 and is downtrending. It has underperformed by 17.16% the S&P500.

Analysts await Deckers Outdoor Corp (NYSE:DECK) to report earnings on November, 3. They expect $1.20 EPS, up 8.11% or $0.09 from last year’s $1.11 per share. DECK’s profit will be $37.62M for 10.70 P/E if the $1.20 EPS becomes a reality. After $-1.80 actual EPS reported by Deckers Outdoor Corp for the previous quarter, Wall Street now forecasts -166.67% EPS growth.

Deckers Outdoor Corp (NYSE:DECK) Ratings Coverage

Out of 18 analysts covering Deckers Outdoor (NYSE:DECK), 6 rate it a “Buy”, 3 “Sell”, while 9 “Hold”. This means 33% are positive. Deckers Outdoor has been the topic of 41 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The company was downgraded on Friday, May 27 by Citigroup. Susquehanna initiated it with “Neutral” rating and $19 target price in Friday, August 12 report. As per Tuesday, August 2, the company rating was downgraded by Standpoint Research. Nomura maintained the shares of DECK in a report on Monday, May 2 with “Neutral” rating. As per Friday, February 5, the company rating was downgraded by Bank of America. Telsey Advisory Group upgraded Deckers Outdoor Corp (NYSE:DECK) on Monday, August 15 to “Outperform” rating. The stock of Deckers Outdoor Corp (NYSE:DECK) has “Buy” rating given on Thursday, January 21 by Citigroup. As per Friday, February 5, the company rating was maintained by B. Riley & Co. The firm earned “Buy” rating on Friday, July 31 by Canaccord Genuity. The firm earned “Buy” rating on Friday, May 27 by Goldman Sachs.

According to Zacks Investment Research, “DECKERS OUTDOOR CORP. designs, manufactures, and markets innovative, function-oriented footwear and apparel that have been developed for high-performance outdoor, sports and other lifestyle related activities, as well as for casual use.”

Insitutional Activity: The institutional sentiment decreased to 0.67 in 2016 Q2. Its down 0.27, from 0.94 in 2016Q1. The ratio worsened, as 45 funds sold all Deckers Outdoor Corp shares owned while 79 reduced positions. 17 funds bought stakes while 66 increased positions. They now own 32.81 million shares or 1.69% less from 33.38 million shares in 2016Q1.
Ls Investment Advsrs Ltd, a Michigan-based fund reported 1,987 shares. Blackrock Fund Advsr last reported 1.59M shares in the company. Moreover, Fifth Third State Bank has 0.01% invested in Deckers Outdoor Corp (NYSE:DECK) for 18,245 shares. Aqr Cap Mngmt Ltd Liability last reported 297,072 shares in the company. Valley Advisers Inc last reported 5 shares in the company. Delphi Mngmt Ma holds 1.19% of its portfolio in Deckers Outdoor Corp (NYSE:DECK) for 32,265 shares. First Republic Incorporated has 7,298 shares for 0% of their US portfolio. State Street Corp accumulated 1.03M shares or 0.01% of the stock. Northern Trust holds 0.01% of its portfolio in Deckers Outdoor Corp (NYSE:DECK) for 720,923 shares. Parametric Assocs Lc has invested 0.01% of its portfolio in Deckers Outdoor Corp (NYSE:DECK). Moreover, Burgundy Asset Limited has 0.47% invested in Deckers Outdoor Corp (NYSE:DECK) for 814,332 shares. Jpmorgan Chase has invested 0% of its portfolio in Deckers Outdoor Corp (NYSE:DECK). Amalgamated Natl Bank holds 0.02% or 4,017 shares in its portfolio. Guggenheim Cap Limited Liability owns 23,482 shares or 0% of their US portfolio. The New Jersey-based Blackrock Investment Mngmt Ltd Liability Corp has invested 0.02% in Deckers Outdoor Corp (NYSE:DECK).

Insider Transactions: Since August 5, 2016, the stock had 0 insider buys, and 3 sales for $3.66 million net activity. $1.96 million worth of shares were sold by MARTINEZ ANGEL R on Tuesday, August 16. Powers David also sold $112,299 worth of Deckers Outdoor Corp (NYSE:DECK) shares. PERENCHIO JOHN G also sold $1.58M worth of Deckers Outdoor Corp (NYSE:DECK) on Friday, August 12.

Deckers Outdoor Corporation is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. The company has a market cap of $1.61 billion. The Company’s divisions include activities of its brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions, and Direct-to-Consumer business, which includes E-Commerce business and retail store business. It has a 15.03 P/E ratio. The Firm sells accessories, such as handbags and loungewear, through domestic and international retailers, international distributors and directly to end user clients both domestically and internationally, through its Websites, call centers and retail stores.

DECK Company Profile

Deckers Outdoor Corporation, incorporated on August 3, 1993, is engaged in designing, marketing and distributing footwear, apparel and accessories for both everyday casual lifestyle use and high performance activities. The Company’s divisions include activities of its brands, such as UGG, Teva, Sanuk and other brands; wholesale divisions, and Direct-to-Consumer (DTC) business, which includes E-Commerce business and retail store business. The Firm sells accessories, such as handbags and loungewear, through domestic and international retailers, international distributors and directly to end user clients both domestically and internationally, through its Websites, call centers and retail stores. The Firm markets its products primarily under three brands: UGG, Teva and Sanuk.

More news for Deckers Outdoor Corp (NYSE:DECK) were recently published by: Fool.com, which released: “Deckers Outdoor Corp.: “Less Bad” is Actually Good in Year of Transition” on August 05, 2016. Investorplace.com‘s article titled: “Trade of the Day: Deckers Outdoor Corp (NYSE:DECK)” and published on October 19, 2016 is yet another important article.

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