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Skechers U.S.A. (SKX) Stock Price, News & Analysis

$66.08
-1.29 (-1.91%)
(As of 09/6/2024 ET)
Today's Range
$65.79
$67.84
50-Day Range
$59.46
$70.13
52-Week Range
$45.58
$75.09
Volume
1.35 million shs
Average Volume
1.42 million shs
Market Capitalization
$10.07 billion
P/E Ratio
17.39
Dividend Yield
N/A
Price Target
$76.75

Skechers U.S.A. MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
16.1% Upside
$76.75 Price Target
Short Interest
Healthy
3.42% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.68
Upright™ Environmental Score
News Sentiment
1.00mentions of Skechers U.S.A. in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.83%
From $4.17 to $4.83 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.78 out of 5 stars

Consumer Discretionary Sector

25th out of 269 stocks

Footwear, Except Rubber Industry

1st out of 6 stocks

SKX stock logo

About Skechers U.S.A. Stock (NYSE:SKX)

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children worldwide. The company operates through Wholesale and Direct-to-Consumer segments. It offers footwear under Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam brands. In addition, the company provides men's and women's slip-resistant and safety-toe casuals, and boots for protective footwear in their work environments. It sells its products through department stores, family shoe stores, specialty running and sporting goods retailers, and big box club stores; franchisee and licensee third-party store operators; company-owned retail stores; digital commerce sites and mobile applications; and concept, factory outlet, and big box stores. The company licenses its Skechers brand. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.

SKX Stock Price History

SKX Stock News Headlines

\\Skechers store sign and logo. footwear brand. — Stock Editorial Photography
Fed Rate Cuts on the Horizon: Why These 2 Stocks Stand to Benefit (SKX)
Skechers and Lincoln Educational Services are two consumer discretionary companies poised for gains if the Fed cuts interest rates in September.
Bologna - Italy - December 18, 2023: Brown leather Birkenstock cork sandals. Marble background
Birkenstock’s Sudden Slide—Why It Might Be Your Next Big Win (SKX)
Birkenstock's shares went down hard as the priced-for-perfection stock failed to live up to expectations. However, long-term opportunity remains.
Pre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳
45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A investment now open.
A large variety of Crocs on display in a Siam Paragon Mall in Bangkok, Thailand
Crocs Stock Slips After Earnings Beat: Will It Bounce Back? (SKX)
Casual footwear maker Crocs Inc. (NASDAQ: CROX) reported solid Q2 2024 results, but shares initially sold off. Crocs stock is trading at 10.39x forward earnings
Pre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳
45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A investment now open.
Skechers U S A Inc - Class A
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Today
9/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Footwear
CUSIP
83056610
Employees
17,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$76.75
High Stock Price Target
$87.00
Low Stock Price Target
$59.00
Potential Upside/Downside
+16.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
12 Analysts

Profitability

Net Income
$545.80 million
Pretax Margin
10.11%

Debt

Sales & Book Value

Annual Sales
$8.40 billion
Cash Flow
$4.59 per share
Book Value
$28.75 per share

Miscellaneous

Free Float
114,769,000
Market Cap
$10.08 billion
Optionable
Optionable
Beta
1.23
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SKX Stock Analysis - Frequently Asked Questions

How have SKX shares performed this year?

Skechers U.S.A.'s stock was trading at $62.34 at the start of the year. Since then, SKX stock has increased by 6.0% and is now trading at $66.08.
View the best growth stocks for 2024 here
.

How were Skechers U.S.A.'s earnings last quarter?

Skechers U.S.A., Inc. (NYSE:SKX) released its quarterly earnings results on Thursday, July, 25th. The textile maker reported $0.91 EPS for the quarter, missing the consensus estimate of $0.95 by $0.04. The firm's revenue was up 7.3% on a year-over-year basis.

When did Skechers U.S.A.'s stock split?

Skechers U.S.A. shares split on Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly created shares were distributed to shareholders after the market closes on Thursday, October 15th 2015. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What is Robert Greenberg's approval rating as Skechers U.S.A.'s CEO?

362 employees have rated Skechers U.S.A. Chief Executive Officer Robert Greenberg on Glassdoor.com. Robert Greenberg has an approval rating of 75% among the company's employees.

Who are Skechers U.S.A.'s major shareholders?

Skechers U.S.A.'s top institutional investors include Massachusetts Financial Services Co. MA (2.88%), Anomaly Capital Management LP (1.89%), Dimensional Fund Advisors LP (1.24%) and Bank of New York Mellon Corp (1.00%). Insiders that own company stock include Richard Siskind, Robert Greenberg, Michael Greenberg, David Weinberg, John M Vandemore, Phillip Paccione, Katherine J Blair, Mark A Nason and Jeffrey Greenberg.
View institutional ownership trends
.

How do I buy shares of Skechers U.S.A.?

Shares of SKX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Skechers U.S.A. own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Skechers U.S.A. investors own include Akorn (AKRX), Integrated Device Technology (IDTI), Bank of America (BAC), NVIDIA (NVDA), Alibaba Group (BABA) and Micron Technology (MU).

This page (NYSE:SKX) was last updated on 9/7/2024 by MarketBeat.com Staff

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