Skillz (SKLZ) Stock Price, News & Analysis

Company Overview

Skillz Inc. operates a mobile game platform in the United States and internationally. The company primarily develops and supports a proprietary online-hosted technology platform that enables independent game developers to host tournaments and provide competitive gaming activity to end-users. The company distributes games through direct app download from its website, as well as through third-party platforms. Skillz Inc. was founded in 2012 and is based in San Francisco, California.

Key Stats

• Today's Range: $5.01 to $5.15
• 50-Day Range: $4.93 to $5.97
• 52-Week Range: $4.72 to $7.48
• Volume: 11,446 shs
• Average Volume: 115,712 shs
• Market Capitalization: $89.76 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $10.75
• Consensus Rating: Moderate Buy

Skillz Stock Analysis - MarketRank™

Skillz scored higher than 60% of companies evaluated by MarketBeat, and ranked 150th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Skillz has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Skillz has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Skillz are expected to grow in the coming year, from ($4.33) to ($3.95) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Skillz is -2.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Skillz is -2.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Skillz has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

15.70% of the float of Skillz has been sold short.

Short Interest Ratio / Days to Cover

Skillz has a short interest ratio ("days to cover") of 25.4, which indicates bearish sentiment.

Change versus previous month

Short interest in Skillz has recently decreased by 5.43%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Skillz does not currently pay a dividend.

Dividend Growth

Skillz does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

15.70% of the float of Skillz has been sold short.

Short Interest Ratio / Days to Cover

Skillz has a short interest ratio ("days to cover") of 25.4, which indicates bearish sentiment.

Change versus previous month

Short interest in Skillz has recently decreased by 5.43%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.44

News Sentiment

Skillz has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Skillz this week, compared to 1 article on an average week.

Search Interest

4 people have searched for SKLZ on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

2 people have added Skillz to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Skillz insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,828.00 in company stock.

Percentage Held by Insiders

22.67% of the stock of Skillz is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 19.42% of the stock of Skillz is held by institutions.

SKLZ Stock Analysis - Frequently Asked Questions

How have SKLZ shares performed this year?

Skillz's stock was trading at $6.24 on January 1st, 2024. Since then, SKLZ stock has decreased by 18.8% and is now trading at $5.0650.
View the best growth stocks for 2024 here.

How were Skillz's earnings last quarter?

Skillz Inc. (NYSE:SKLZ) released its quarterly earnings results on Thursday, August, 1st. The company reported ($0.57) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.36) by $0.79. The business earned $25.30 million during the quarter, compared to the consensus estimate of $26.64 million. Skillz had a negative net margin of 40.87% and a negative trailing twelve-month return on equity of 38.95%.

When did Skillz's stock split?

Shares of Skillz reverse split on Monday, June 26th 2023. The 1-20 reverse split was announced on Monday, June 26th 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, June 26th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Who are Skillz's major shareholders?

Top institutional shareholders of Skillz include GSA Capital Partners LLP (0.92%) and Jacobs Levy Equity Management Inc. (0.48%). Insiders that own company stock include Andrew Paradise, Jason Roswig, Salvatore Jr Lento, Kevin Chessen, Harry Sloan, Christopher S Gaffney and Jerome Leon Bruckheimer.
View institutional ownership trends.

How do I buy shares of Skillz?

Shares of SKLZ 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 Skillz own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Skillz investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 11/21/2024
• Next Earnings (Confirmed): 12/05/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Data processing & preparation
• Sub-Industry: N/A
• Current Symbol: NYSE:SKLZ
• CUSIP: N/A
• CIK: 1801661
• Web: corp.skillz.com
• Phone: 415-762-0511
• Fax: N/A
• Employees: 240
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.75
• High Stock Price Target: $15.00
• Low Stock Price Target: $6.50
• Potential Upside/Downside: +112.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.25)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-101,360,000.00
• Net Margins: -40.87%
• Pretax Margin: -35.61%
• Return on Equity: -38.95%
• Return on Assets: -20.10%

Debt

• Debt-to-Equity Ratio: 0.63
• Current Ratio: 5.80
• Quick Ratio: 5.80

Sales & Book Value

• Annual Sales: $150.11 million
• Price / Sales: 0.59
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $11.44 per share
• Price / Book: 0.44

Miscellaneous

• Outstanding Shares: 17,430,000
• Free Float: 13,479,000
• Market Cap: $88.28 million
• Optionable: Optionable
• Beta: 2.75