How have SKX shares performed this year?

Skechers U.S.A.'s stock was trading at $62.34 on January 1st, 2024. Since then, SKX stock has increased by 8.2% and is now trading at $67.48. 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 earnings per share for the quarter, missing the consensus estimate of $0.95 by $0.04. The business's revenue for the quarter was up 7.3% compared to the same quarter last year.

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

Skechers U.S.A.'s stock split on the morning of Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly minted shares were issued to shareholders after the closing bell on Thursday, October 15th 2015. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

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

Skechers U.S.A.'s top institutional shareholders 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) .

Top-Rated StocksTop-Rated

NYSE:SKX

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

$67.47

+0.17 (+0.25%)

(As of 03:33 PM ET)

Compare

Today's Range: $67.04
▼
$68.14
50-Day Range: $59.46
▼
$70.13
52-Week Range: $45.58
▼
$75.09

Volume: 1.16 million shs
Average Volume: 1.74 million shs
Market Capitalization: $10.28 billion

P/E Ratio: 17.76
Dividend Yield: N/A
Price Target: $76.75

Skechers U.S.A. MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 13.7% Upside
$76.75 Price Target
Short Interest: Healthy
4.46% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.68
Upright™ Environmental Score
News Sentiment: 1.02
Based on 9 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.

4.85 out of 5 stars

Consumer Discretionary Sector

16th out of 267 stocks

Footwear, Except Rubber Industry

1st out of 6 stocks

3.5

Analyst's Opinion

Consensus Rating
Skechers U.S.A. has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 12 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Skechers U.S.A. has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.
Read more about Skechers U.S.A.'s stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
4.46% of the float of Skechers U.S.A. has been sold short.
Short Interest Ratio / Days to Cover
Skechers U.S.A. has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Skechers U.S.A. has recently increased by 30.51%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Skechers U.S.A. does not currently pay a dividend.
Dividend Growth
Skechers U.S.A. does not have a long track record of dividend growth.

1.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Skechers U.S.A. has received a -34.10% net impact score from Upright. The largest negative impact of Skechers Usa in category "GHG emissions" seems to be driven mostly by its "Online retail of clothing for babies and children", "Bras", "Men's boxers and briefs", "Women's panties", "Socks", and "Shirts" products. See details.
Environmental Sustainability
The Environmental Impact score for Skechers U.S.A. is -3.68.

3.3

News and Social Media Coverage

News Sentiment
Skechers U.S.A. has a news sentiment score of 1.02. 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 higher news sentiment than the 0.65 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Skechers U.S.A. this week, compared to 7 articles on an average week.
Search Interest
24 people have searched for SKX on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Skechers U.S.A. to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Skechers U.S.A. insiders have not sold or bought any company stock.
Percentage Held by Insiders
24.75% of the stock of Skechers U.S.A. is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
79.96% of the stock of Skechers U.S.A. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about Skechers U.S.A.'s insider trading history.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Skechers U.S.A. are expected to grow by 15.83% in the coming year, from $4.17 to $4.83 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Skechers U.S.A. is 17.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of Skechers U.S.A. is 17.76, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.21.
Price to Earnings Growth Ratio
Skechers U.S.A. has a PEG Ratio of 0.92. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Skechers U.S.A. has a P/B Ratio of 2.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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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

30 days | 90 days | 365 days | Advanced Chart

SKX Stock News Headlines

September 10, 2024 | marketbeat.com

Seize the Opportunity: Under Armour Stock Set for a Comeback (SKX)

Global athletic apparel and footwear brand Under Armour Inc. (NYSE: UAA) is steadily gaining ground on its turnaround plan.

$\\Skechers store sign and logo. footwear brand. — Stock Editorial Photography$

September 7, 2024 | marketbeat.com

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.

September 16, 2024 | Brownstone Research (Ad)

Introducing the Perceptron

On Wednesday, September 25, I’m putting on my first crypto event in two years to unveil: the Perceptron. This is my AI project that I first conceived of shortly after I recommended Nvidia back in 2016.

August 31, 2024 | marketbeat.com

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.

September 14 at 3:07 PM | finance.yahoo.com

Is Skechers U.S.A., Inc.'s (NYSE:SKX) Recent Stock Performance Tethered To Its Strong Fundamentals?

September 12, 2024 | finance.yahoo.com

Skechers to Present at the Wells Fargo Consumer Conference on September 19th

September 6, 2024 | americanbankingnews.com

Skechers U.S.A., Inc. (NYSE:SKX) Given Average Recommendation of "Buy" by Brokerages

August 30, 2024 | benzinga.com

Insider Decision: Michael Greenberg Offloads $29.49M Worth Of Skechers USA Stock

September 16, 2024 | Brownstone Research (Ad)

Introducing the Perceptron

August 30, 2024 | benzinga.com

Michael Greenberg Takes Money Off The Table, Sells $5.54M In Skechers USA Stock

August 30, 2024 | finance.yahoo.com

Insider Sale: President Michael Greenberg Sells 422,000 Shares of Skechers USA Inc (SKX)

August 29, 2024 | finance.yahoo.com

Is There An Opportunity With Skechers U.S.A., Inc.'s (NYSE:SKX) 29% Undervaluation?

August 27, 2024 | prnewswire.com

Finding Everlasting Love: Petco Love and BOBS® from Skechers® Celebrate National Matchmaker Day

August 24, 2024 | msn.com

Is Skechers USA Inc. (SKX) A Good Fitness and Gym Stock To Buy Now?

August 20, 2024 | 247wallst.com

Skechers U S A Inc - Class A

August 16, 2024 | msn.com

Sixers’ Joel Embiid Gifted With Unique Sneakers After Gold Medal Win

August 15, 2024 | msn.com

Joel Embiid receives Gold Medal sneakers from Skechers

August 15, 2024 | msn.com

Skechers Hooks Up Joel Embiid With Gold Sneakers to Celebrate His Gold Medal With Team USA

See More Headlines

Company Calendar

Last Earnings: 7/25/2024
Today: 9/16/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Discretionary
Industry: Footwear, except rubber
Sub-Industry: Footwear
Current Symbol: NYSE:SKX
CUSIP: 83056610
CIK: 1065837
Web: www.skechers.com
Phone: (310) 318-3100
Fax: 310-318-5019
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: +14.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.80
Trailing P/E Ratio: 17.71
Forward P/E Ratio: 16.14
P/E Growth: 0.92
Net Income: $545.80 million
Net Margins: 6.90%
Pretax Margin: 10.11%
Return on Equity: 13.04%
Return on Assets: 7.64%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 2.06
Quick Ratio: 1.33

Sales & Book Value

Annual Sales: $8.00 billion
Price / Sales: 1.28
Cash Flow: $4.82 per share
Price / Cash Flow: 13.95
Book Value: $28.75 per share
Price / Book: 2.34

Miscellaneous

Outstanding Shares: 152,340,000
Free Float: 114,769,000
Market Cap: $10.25 billion
Optionable: Optionable
Beta: 1.23

Key Executives

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SKX Stock Analysis - Frequently Asked Questions

How have SKX shares performed this year?: Skechers U.S.A.'s stock was trading at $62.34 on January 1st, 2024. Since then, SKX stock has increased by 8.2% and is now trading at $67.48.
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 earnings per share for the quarter, missing the consensus estimate of $0.95 by $0.04. The business's revenue for the quarter was up 7.3% compared to the same quarter last year.
When did Skechers U.S.A.'s stock split?: Skechers U.S.A.'s stock split on the morning of Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly minted shares were issued to shareholders after the closing bell on Thursday, October 15th 2015. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.
Who are Skechers U.S.A.'s major shareholders?: Skechers U.S.A.'s top institutional shareholders 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 9/16/2024 by MarketBeat.com Staff

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

Skechers U.S.A. MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Amount of Analyst Coverage

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Yield

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Insider Buying vs. Insider Selling

Percentage Held by Insiders

Percentage Held by Institutions

Earnings and Valuation

Earnings Growth

Price to Earnings Ratio vs. the Market

Price to Earnings Ratio vs. Sector

Price to Earnings Growth Ratio

Price to Book Value per Share Ratio