But another analyst argues that the stock isn't even as pricey as estimates indicate when you consider that Deckers has had a history of issuing conservative guidance and subsequently blowing away analysts' projections.As strange as it may sound, Deckers could very well be the Apple of the shoe business.Wear it up or cuffed down,the Women's Bailey Button Krinkle is an essential boot for all weather conditions.A breathable,waterproof eVent membrane keeps you dry and an exclusive Vibram outsole,specifically designed for snow and wet conditions,provides exceptional traction.Taposh Bari, an analyst with Jefferies & Co., wrote in a research note last week that he thinks current revenue and earnings estimates for 2011 are too low.
He also points out that the company has a pristine balance sheet, with $250 million in cash and no debt.Bari estimates Deckers will finish next year with $350 million in net cash. When you factor that into the equation, he argues that the core Deckers business is trading at just 10 times 2011 estimates.Sure, many still think the UGG is a fashion faux pas.The ultimate cold weather boot by UGG Australia,the ugg maxene black has many features to keep your feet warm in the cold.With the exclusive Vibram outsole,specifically designed for snow and wet conditions,waterproof full grain leather and a breathable eVent membrane,you'll be comfortable regardless of the weather conditions. One definition for UGG on the snarky Urban Dictionary website is that they are "hideously unattractive footwear named after the mind-possessing ugg gnomes living inside the thick material.
Who convince girls that the boots actually look good with skirts."But there is nothing hideously unattractive about shares of Deckers.The Al Frank analysts wrote that the stock was one of the firm's "biggest winners ever."The A take on traditional motorcycle styling,the ugg joslyn sale features brass detailing on the upper.The dual gore shaft makes this boot easy to put and take off and the rugged Vibram outsole provides durability.They indicated they first bought it in May 2001 at a price of $1.31 a share and sold their remaining stake at a price no lower than $66.83.
The analysts conceded that "the top and bottom lines at the UGG purveyor have for years defied the gravity that usually deflates most companies operating in the fickle fashion footwear biz" and that they expected the strong growth to continue.The ugg finnegan boots is a rugged casual boot made with rich full grain waterproof leather and authentic Twinface sheepskin and finished with a molded rubber outsole.Packaged with two interchangeable insoles,one leather and one sheepskin,that offer custom comfort.But they added that "the shares have become too richly priced to justify a continued hold."You can hardly blame the firm for taking profits after a more than nine-year investment that generated gigantic returns.