Deckers Outdoor Corporation (DECK - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 18.6% in the past one-month time frame.
The move came after the company reported better-than-expected third-quarter fiscal 2018 results.
The company has seen a mixed track record when it comes to estimate revisions of four increases and one decrease over the past few months, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Deckers Outdoor currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the Shoes and Retail Apparel industry is Carter's, Inc. (CRI - Free Report) , holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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