By Mill Chart
Last update: Sep 24, 2024
In this article, we'll take a closer look at DECKERS OUTDOOR CORP (NYSE:DECK) as a potential candidate for growth investing. While it's important for investors to conduct their own research, DECKERS OUTDOOR CORP has piqued our interest by appearing on our strong growth and breakout radar. Let's explore further.
ChartMill assigns a Growth Rating to each stock, ranging from 0 to 10. This rating is determined by analyzing different growth elements, including EPS and revenue growth, spanning both historical and future figures. In the case of NYSE:DECK, the assigned 8 reflects its growth potential:
ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NYSE:DECK was assigned a score of 10 for health:
ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:DECK scores a 9 out of 10:
In addition to the Technical Rating, ChartMill provides a Setup Rating for each stock. This rating, ranging from 0 to 10, assesses the level of consolidation in the stock based on multiple short-term technical indicators. Currently, NYSE:DECK has a 7 as its setup rating, indicating its current consolidation status.
DECK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 154.14, a Stop Loss order could be placed below this zone.
Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.
Our latest full fundamental report of DECK contains the most current fundamental analsysis.
Our latest full technical report of DECK contains the most current technical analsysis.
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.
110.83
-0.86 (-0.77%)
Find more stocks in the Stock Screener
Peter Lynch favored companies with strong earnings growth, reasonable valuations, and solid financials. In this analysis, we’ll determine if DECKERS OUTDOOR CORP (NYSE:DECK) qualifies as a true Lynch-style investment.
DECKERS OUTDOOR CORP could be undervalued. NYSE:DECK is scoring impressively in terms of growth while demonstrating strong financials. On top of that, it remains attractively priced.
Let's have a look at the top S&P500 gainers and losers one hour before the close of the markets of today's session.
Stay informed about the performance of the S&P500 index in the middle of the day on Monday. Uncover the top gainers and losers in today's session for valuable insights.
A fundamental analysis of (NYSE:DECK): Why Quality Investors Should Delve into DECKERS OUTDOOR CORP (NYSE:DECK) for Investment Opportunities.