Deckers Outdoor (DECK) Receives a Buy from TD Cowen
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Kernan covers the Consumer Cyclical sector, focusing on stocks such as Ralph Lauren, Deckers Outdoor, and Dick's Sporting Goods. According to TipRanks, Kernan has an average return of 8.9% and a 51.62% success rate on recommended stocks.
In addition to TD Cowen, Deckers Outdoor also received a Buy from UBS's Jay Sole in a report issued on June 5. However, on June 13, Argus Research initiated coverage with a Hold rating on Deckers Outdoor (NYSE: DECK).
DECK market cap is currently $15.16B and has a P/E ratio of 16.02.
Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DECK in relation to earlier this year. Earlier this month, Cindy Davis, a Director at DECK bought 1,825.00 shares for a total of $200,312.00.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
35 minutes ago
- Yahoo
Canada Goose shares fall 10% after Q1 loss
Canada Goose ( shares fell over eight per cent Thursday morning after the company's first-quarter earnings call reported a net loss of $125.5 million, widening from a $74 million loss in the same period last year. As at 11:41 a.m. ET, Canada Goose was trading at $16.20 per share on the Toronto Stock Exchange, down 8.36 per cent. On an adjusted basis, the Toronto-based luxury parka maker posted a loss of $1.29 per diluted share, compared to an adjusted loss of 80 cents per share in the previous year's first quarter. The company attributed the increase in selling, general and administrative expenses to a one-time $149.5 million financial award to a former supplier, along with costs tied to expanding its global retail network, increased spending on its Spring-Summer 2025 collections, campaigns for designer Haider Ackermann's Snow Goose capsule collection, and investments in product design and merchandising. Canada Goose generated $107.8 million in revenue during the quarter, an increase from $88.1 million in the same period last year. Sales through its direct-to-consumer channels climbed nearly 23 per cent to $78.1 million, while wholesale revenue also grew, rising almost 12 per cent to $17.9 million. 'Our conversations with investors suggest the market isn't sure how much momentum the Canada Goose brand has with consumers. The market is not likely to know until November when the main outerwear season begins,' said UBS analyst Jay Sole, in a note. The market also believes luxury demand has slowed, and Canada Goose's first-quarter revenue beat isn't likely to change minds, he adds, as the quarter is too small to signify a trend change. Canada Goose continued to hold back its financial outlook this quarter, citing uncertainty around tariffs as the U.S. and Canada race to establish a trade deal ahead of U.S. President Donald Trump's August 1 deadline. 'I don't want to pretend that I know what's going to happen in three weeks because I don't think any of us do,' CEO Dani Reiss told Yahoo Finance Canada in an interview. In the absence of the financial outlook, Reiss says investors should focus on the company's revenue increase of 22 per cent year-over-year, and 23 per cent growth in its direct-to-consumer channel. 'We're an outlier and our brand is resonating on a pop culture level with consumers in a way that others perhaps aren't. And, we're really leaning into that momentum as we head into our busier seasons,' he said. According to chief financial officer Neil Bowden, the company has remained relatively unscathed by tariffs so far. Roughly 75 per cent of products are manufactured in Canada, and comply with USMCA requirements, making them currently exempt from tariffs, he says. For European products, the company pays modestly higher tariffs, 'but they will continue to have a minimal financial impact,' Bowden says. The U.S. this month struck a deal with the European Union to impose a 15 per cent import tariff on goods — half of what Trump previously threatened. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
First Commonwealth Financial Corp (FCF) Q2 2025 Earnings Call Highlights: Surpassing ...
Release Date: July 30, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points First Commonwealth Financial Corp (NYSE:FCF) reported core earnings per share of $0.38, surpassing consensus estimates by $0.03. Net interest margin expanded significantly from 3.62% in the first quarter to 3.83% in the second quarter, driven by improved loan yields and lower deposit costs. Strong loan growth of 8.1% annualized, with broad-based performance in equipment finance, small business, commercial, indirect, and branch lending. Non-interest income increased by $2.1 million to $24.7 million, with strong contributions from mortgage, SBA, interchange, wealth, and other service charges. Successful integration of Centerbank, adding $295 million in loans and $278 million in deposits, enhancing presence in Cincinnati. Negative Points Non-performing loans increased by $40.1 million from the prior quarter, primarily due to a single commercial floor plan loan moved to non-accrual. Provision expense was $12.6 million, with $3.8 million tied to day one CSO provision for Center Bank. The cost of deposits fell by only 8 basis points, with increased borrowings by the end of the quarter. Potential pressure on loan spreads and the need to price deposits to fund loan growth could impact future margins. Limited buyback activity in the second quarter, with a cautious approach to share repurchases based on stock price. Q & A Highlights Warning! GuruFocus has detected 3 Warning Sign with FCF. Q: Did you provide a guidance range for expenses in the third quarter or the back half of the year? A: No specific guidance was given, but the consensus for the third quarter is $72.8 million and $73.1 million for the fourth quarter. There might be a slight tail-off in expenses and non-interest income in the fourth quarter due to seasonality, but they generally offset each other. Expenses are expected to bounce back in the first quarter of next year. - Jim Moreski, CFO Q: What is your approach to stock repurchases given the current stock price and new authorization? A: We plan to re-enter the market after the blackout period, setting a price cap for buybacks. Previously, we set a cap at $15.50 per share, but with the current higher prices, we might set it around $17. We aim to keep some dry powder for dips in the price rather than buying back shares at any cost. - Jim Moreski, CFO Q: Can you provide more color on the loan that drove the increase in non-performing loans (NPLs) and the outlook for charge-offs? A: The increase in NPLs was primarily due to a single commercial floor plan loan. Charge-offs have been at acceptable levels, and absent the one large relationship, we expect to return to a mid-20 basis point charge-off range. - Brian Sahoi, Chief Credit Officer Q: How are you thinking about mergers and acquisitions (M&A) given the current industry environment? A: We are open to smaller deals that offer low-risk execution and can be leveraged into something more significant. We have looked at many opportunities but tend to bow out on larger deals due to pricing. Our focus remains on strategic, smaller acquisitions that align with our business model. - Mike Price, President and CEO Q: What is the outlook for organic loan growth, particularly in the equipment finance portfolio? A: The pipeline looks strong, although there might be more payoffs in the third quarter. Equipment finance has shown good momentum, and while we expect the portfolio to flatten out in about a year and a half, we are pleased with the credit quality and assets being financed. - Mike Price, President and CEO For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Retirement Dividend Stocks to Watch: The Case for Colgate-Palmolive Company (CL)
Colgate-Palmolive Company (NYSE:CL) is included among the 10 Best Dividend Stocks to Buy for Retirement. An array of toothpaste, toothbrushes, and mouthwashes on a bright background, highlighting the company's oral care products. Colgate-Palmolive Company (NYSE:CL) is a major player in the global household and personal care industry. The company holds a dominant position in the Oral Care segment. As of the current year, it commands a 40.9% share of the global toothpaste market and 31.9% in manual toothbrushes. Its products are available in more than 200 countries, reinforcing its widespread presence. Recently, the company has placed greater emphasis on sustainability efforts while continuing to strengthen its leadership across different product categories. Colgate-Palmolive Company (NYSE:CL) holds one of the strongest dividend histories in the market. The company has paid uninterrupted dividends to shareholders since 1895 and has raised its payouts for 62 years in a row. It currently offers a quarterly dividend of $0.52 per share for a dividend yield of 2.42%, as of July 30. It is among the best dividend stocks to invest in for retirement. While we acknowledge the potential of CL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Sign in to access your portfolio
