Deckers Outdoor holiday sales trends were strong, says Jefferies After meeting with management last night, Jefferies believes Deckers Outdoor's holiday sales trends were strong. The firm views consensus estimates as too low and the stock's valuation as "too cheap." Jefferies reiterates a Buy rating on Deckers with a $100 price target.
Deckers Outdoor sees Q2 EPS $1.05, consensus $1.22 The Company expects second quarter fiscal 2016 constant currency revenues to be up approximately 5.0% over the same period last year and up approximately 1.0% on a reported basis. Consensus is $507.63M.