FMP
May 20, 2024 12:42 PM - Davit Kirakosyan
Image credit: FMP
BTIG analysts reaffirmed their Buy rating and a $1,020 price target for Deckers Outdoor’s (NYSE:DECK) stock, ahead of the company’s Q4 results on May 23.
The analysts expect Q4 results to surpass consensus estimates, with ongoing strong performance for both HOKA and UGG. Despite concerns about a potential slowdown for HOKA during the quarter, the analysts attribute any issues to launch calendar timing rather than a decrease in demand.
For UGG, continued momentum is anticipated, with Q4 benefits from key holiday styles and successful seasonal styles. While management may offer conservative guidance for 2025, potentially below consensus, the analysts believe the market is prepared for this and would view any weakness as a buying opportunity.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 16, 2024 8:06 PM - Gordon Thompson
On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...