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Decrez fell earlier this year, but the company is still achieving strong growth.
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It is now trading with a great discount on the S&P 500.
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The company expects to obtain $ 185 million in tariffs.
With shares trading near their highest levels ever, almost all growth stocks may seem very expensive. After all, growth shares have pushed the market for the past 2.5 years, not only artificial intelligence shares, as many others have risen during that time.
In the consumer sector, such as stocks Costeco and Wal Mart It rose, which helps to lead S & P 500 For more than 6500.
However, there are some growth shares that are traded at a reduced price, and one of them appears to be excellent at the present time. this Dickers outdoors (NYSE: Deck)Hoka Running and Ugg Sheepeskin Boots.
Deckers is currently trading 46 % of its peak earlier this year, as concerns related to definitions and slow growth have been affected by stocks. However, these concerns are now exaggerated after better results than expected to report its profits in the first quarter and cool the state of customs tariffs.
The attractive evaluation and promising growth prospects make Deckers great shares for $ 1,000, which can get eight shares currently from it. Keep reading to find out the reason.
After disappointing profit reports, Deckers fell by more than 50 % of its peak in January, and the arrow is now trading in A. The price ratio to profits From 19, great discount on S & P 500Which are now trading in P/E of 27, approximately 50 %.
Deckers growth appears to exceed the superiority of the S&P 500, as revenues increased by 16.9 % to 964.5 million dollars, which was before estimates of 900.4 million dollars.
This growth was balanced through its two main brands, as HOKA sales increased by 19.8 % to 653.1 million dollars and increased UGG sales by 18.9 % to 265.1 million dollars.
Although local sales were weak in the quarter, as it decreased by 2.8 % in the quarter to 501.3 million dollars, international sales increased by 49.7 % to 463.3 million dollars, indicating that the company clicks on new markets abroad even as it faces pressure from the weak definitions and spending at home. International growth was driven in Europe and China, as the company expands its distribution in Europe.
We look forward to the rest of the year, the administration expects a strong growth from its two main brands, calling for the medium guidance of Hoka and the mid -number growth in UGG.
In addition to attractive and momentum assessment in the international market, Deckers also has one of the most powerful tracking records in the clothing and shoes sector, as Stocdk has increased by more than 1000 % over the past decade, even after the last sale.
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