Exploring NYSE:DECK's high growth characteristics.

We've identified DECKERS OUTDOOR CORP (NYSE:DECK) as a potential breakout candidate based on our stock screener's analysis. This breakout setup pattern suggests that after a strong uptrend, the stock is currently consolidating, potentially signaling a continuation of the trend. Keep an eye on NYSE:DECK for further developments.

Technical analysis of NYSE:DECK

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

Taking everything into account, DECK scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DECK is showing a nice and steady performance.

• Both the short term and long term trends are positive. This is a very positive sign.
• When comparing the yearly performance of all stocks, we notice that DECK is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, DECK also shows a nice and consistent pattern of rising prices.
• DECK is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 81% of 50 stocks in the same industry.
• DECK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DECK is lagging the market slightly.
• In the last month DECK has a been trading in the 150.35 - 182.26 range, which is quite wide. It is currently trading near the high of this range.

For an up to date full technical analysis you can check the technical report of DECK

How does the Setup look for NYSE:DECK

ChartMill also assign a Setup Rating to every stock. With this score it is determined to what extend the stock has been trading in a range in the recent days and weeks. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. NYSE:DECK scores a 7 out of 10:

DECK has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Looking into the high growth metrics of DECKERS OUTDOOR CORP

• The recent financial report of DECKERS OUTDOOR CORP demonstrates a 39.88% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• DECKERS OUTDOOR CORP has demonstrated strong q2q revenue growth of 20.09%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• The 3-year EPS growth of DECKERS OUTDOOR CORP (29.55%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
• In the most recent financial report, DECKERS OUTDOOR CORP reported a 39.88% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• The operating margin of DECKERS OUTDOOR CORP has seen steady growth over the past year, signaling improved profitability. This trend indicates the company's effective cost management and its ability to generate higher returns.
• DECKERS OUTDOOR CORP has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
• DECKERS OUTDOOR CORP has achieved an impressive Return on Equity (ROE) of 39.38%, showcasing its ability to generate favorable returns for shareholders.
• With a current Debt-to-Equity ratio at 0.0, DECKERS OUTDOOR CORP showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• With a track record of beating EPS estimates in the last 4 quarters, DECKERS OUTDOOR CORP showcases its consistent ability to deliver earnings surprises. This reflects the company's strong execution and its competitive position in the market.
• DECKERS OUTDOOR CORP has exhibited strong Relative Strength(RS) in recent periods, with a current 89.62 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. DECKERS OUTDOOR CORP shows promising potential for continued price momentum.

More high growth momentum breakout stocks can be found in our High Growth Momentum Breakout screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.