Deckers Outdoor Stock Pulls Back to Support – Smart Entry?

DECK: Deckers Outdoor logo
DECK
Deckers Outdoor

Deckers Outdoor (DECK) stock should be on your watchlist. Here is why – it is currently trading in the support zone ($82.59 – $91.29), levels from which it has bounced meaningfully before. In the last 10 years, Deckers Outdoor stock received buying interest at this level 3 times and subsequently went on to generate 59.2% in average peak returns.

  Peak Return Days to Peak Return
10/30/2023 129.0% 458
4/7/2025 21.9% 36
7/16/2025 26.6% 50

But is the price action enough alone? It certainly helps if the fundamentals check out. For DECK Read Buy or Sell DECK Stock to see how convincing this buy opportunity might be.

Single stock can be risky, but there is a huge value to a broader diversified approach we take with Trefis High Quality Portfolio. Separately, consider what could long-term performance for your portfolio be if you combined 10% commodities, 10% gold, and 2% crypto with equities.

Here are some quick data points for Deckers Outdoor that should help decision:

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  • Revenue Growth: 16.3% LTM and 16.5% last 3 year average.
  • Cash Generation: Nearly 19.2% free cash flow margin and 23.6% operating margin LTM.
  • Recent Revenue Shocks: The minimum annual revenue growth in last 3 years for DECK was 15.1%.
  • Valuation: DECK stock trades at a PE multiple of 13.6
  • Opportunity vs S&P: Compared to S&P, you get lower valuation, higher revenue growth, and better margins

For quick background, Deckers Outdoor provides footwear, apparel, and accessories for casual and high-performance use, distributing through department stores, specialty retailers, and operating 140 global retail stores as of March 2021.

  DECK S&P Median
Sector Consumer Discretionary
Industry Footwear
PE Ratio 13.6 24.0

   
LTM* Revenue Growth 16.3% 5.3%
3Y Average Annual Revenue Growth 16.5% 5.3%
Min Annual Revenue Growth Last 3Y 15.1% -0.1%

   
LTM* Operating Margin 23.6% 18.7%
3Y Average Operating Margin 21.1% 17.8%
LTM* Free Cash Flow Margin 19.2% 13.3%

*LTM: Last Twelve Months

What Is Stock-Specific Risk If The Market Crashes?

That said, DECK isn’t immune to big drops. It fell 44% in the Dot-Com crash and took a huge 77% hit during the Global Financial Crisis. Even the 2018 correction dragged it down over 26%. The Covid sell-off shaved about 55%, and the inflation shock cut nearly 49%. Solid fundamentals matter, but when chaos hits, DECK’s no exception.

But the risk is not limited to major market crashes. Stocks fall even when markets are in good shape – think events like earnings, business updates, outlook changes. Read DECK Dip Buyer Analyses to see how the stock has recovered from sharp dips in the past.

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.