What do you guys think about Deckers outdoor corp, ticker: DECK? Uggs and Hoka company
$DECK
AI SUMMARY — DECK has dropped 60% from highs but shows strong fundamentals including zero debt, high free cash flow, 40% buyback relative to market cap, and a historically low P/E of 11.5. Analyst consensus targets $139.8 (39% upside), though risks include further downside if consumer spending weakens and waiting for even lower valuations may mean missing the recovery.
| TICKER | DECK |
USER | u/rain_maker15 |
| RATING |
BULLISH |
ENTRY |
$85.81
|
| POSITION |
291 sh
|
BOOK VAL |
$25000.00 |
| CURRENT |
$79.88 |
P&L % |
-6.91%
|
| CURR VAL |
$23272.35 |
P&L $ |
-1727.65
|
Lowest this month hit around 83 dollars. 20 month drop of over 60%, has a 40% buyback to market capitalization, zero debt, high free-cash flow and profitability, and great products. Lowest pe was about 11.5. Average range is 17-22 PE for trailing twelve months. Analyst estimates ranging from 85 to 160, with a mean of 139.8 for a 39% gain. Citibank analyst thinks it can reach 135. Has gone up the last two days. Is the bottom in? I was hoping to get it cheaper at 10 and 8X PE, which it only hits historically 3% of time, with 8X pe only hit 3 trading days in the last 18 years.
$25000 dollars in shares.