NYSE:SKX Skechers U.S.A. (SKX) Stock Price, News & Analysis → The “Next Bitcoin”? 10 CENT Crypto Set to Explode (From True Market Insiders) (Ad) Free SKX Stock Alerts $58.82 -0.33 (-0.56%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$57.88▼$59.1750-Day Range$56.17▼$62.3352-Week Range$45.58▼$65.17Volume2.54 million shsAverage Volume1.65 million shsMarket Capitalization$9.02 billionP/E Ratio16.85Dividend YieldN/APrice Target$66.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Skechers U.S.A. alerts: Email Address Skechers U.S.A. MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside12.5% Upside$66.17 Price TargetShort InterestHealthy2.30% of Float Sold ShortDividend StrengthN/ASustainability-3.68Upright™ Environmental ScoreNews Sentiment0.27Based on 27 Articles This WeekInsider TradingSelling Shares$15.02 M Sold Last QuarterProj. Earnings Growth14.70%From $3.81 to $4.37 Per ShareSee Full Details Hide Full Details 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.4.49 out of 5 starsConsumer Discretionary Sector21st out of 267 stocksFootwear, Except Rubber Industry1st out of 6 stocks 3.4 Analyst's Opinion Consensus RatingSkechers U.S.A. has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageSkechers U.S.A. has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.30% of the float of Skechers U.S.A. has been sold short.Short Interest Ratio / Days to CoverSkechers U.S.A. has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Skechers U.S.A. has recently increased by 21.20%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSkechers U.S.A. does not currently pay a dividend.Dividend GrowthSkechers U.S.A. does not have a long track record of dividend growth. Previous Next 1.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSkechers 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 SustainabilityThe Environmental Impact score for Skechers U.S.A. is -3.68. Previous Next 1.8 News and Social Media Coverage News SentimentSkechers U.S.A. has a news sentiment score of 0.27. 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 0.46 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 27 news articles for Skechers U.S.A. this week, compared to 8 articles on an average week.Search InterestOnly 2 people have searched for SKX on MarketBeat in the last 30 days. This is a decrease of -89% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Skechers U.S.A. to their MarketBeat watchlist in the last 30 days. This is a decrease of -11% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Skechers U.S.A. insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $15,021,192.00 in company stock.Percentage Held by Insiders24.75% 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 Institutions79.96% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Skechers U.S.A. are expected to grow by 14.70% in the coming year, from $3.81 to $4.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Skechers U.S.A. is 16.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Skechers U.S.A. is 16.85, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.89.Price to Earnings Growth RatioSkechers U.S.A. has a PEG Ratio of 1.08. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioSkechers U.S.A. has a P/B Ratio of 2.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. 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.Read More SKX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SKX Stock News HeadlinesApril 25, 2024 | chron.comSkechers: Q1 Earnings SnapshotApril 25, 2024 | marketwatch.comSkechers stock soars 10% after earnings crush estimates and company offers upbeat guidanceApril 25, 2024 | True Market Insiders (Ad)The “Next Bitcoin”? 10 CENT Crypto Set to ExplodeThe man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…April 25, 2024 | benzinga.comUnpacking the Latest Options Trading Trends in Skechers USAApril 25, 2024 | msn.comSkechers rallies after strong international sales boost Q1 resultsApril 25, 2024 | finance.yahoo.comSkechers USA Inc (SKX) Surpasses Analyst Revenue Forecasts with Record Q1 SalesApril 25, 2024 | businesswire.comSkechers Announces First Quarter 2024 Financial Results and Record Sales of $2.25 BillionApril 24, 2024 | finance.yahoo.comSkechers (SKX) Q1 Earnings: What To ExpectApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 22, 2024 | americanbankingnews.comQ2 2024 Earnings Estimate for Skechers U.S.A., Inc. Issued By Wedbush (NYSE:SKX)April 21, 2024 | americanbankingnews.comSkechers U.S.A. (NYSE:SKX) Sees Strong Trading VolumeApril 21, 2024 | americanbankingnews.comSkechers U.S.A. (NYSE:SKX) Rating Reiterated by WedbushApril 19, 2024 | markets.businessinsider.comSkechers USA Unlikely To Raise Outlook Due To Eurozone Hurdles, Says AnalystApril 19, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Cyclical Companies: Skechers USA (SKX), Genuine Parts Company (GPC) and Beyond Inc (BYON)April 19, 2024 | americanbankingnews.comEvercore ISI Lowers Skechers U.S.A. (NYSE:SKX) Price Target to $68.00April 18, 2024 | americanbankingnews.comSkechers U.S.A. (SKX) Set to Announce Earnings on ThursdayApril 17, 2024 | markets.businessinsider.comBreaking Down Skechers USA: 9 Analysts Share Their ViewsApril 16, 2024 | markets.businessinsider.comSkechers USA Poised for Growth: Buy Rating Affirmed Amid Robust Demand and Strengthening Global PresenceApril 16, 2024 | finance.yahoo.comBrian's Big Idea On ShoesApril 15, 2024 | finance.yahoo.comSkechers: A Runaway Growth Story That Won't Give You BlistersApril 15, 2024 | finance.yahoo.comSkechers U.S.A's (NYSE:SKX) earnings growth rate lags the 14% CAGR delivered to shareholdersApril 14, 2024 | nasdaq.comRelative Strength Alert For Skechers USAApril 11, 2024 | finance.yahoo.comNew Balance CEO details the 'next big revolution' in sneakersApril 10, 2024 | yahoo.comMatt Fitzpatrick & Skechers Have Big Plans For The MastersApril 10, 2024 | finance.yahoo.comUgly shoes are here to stay: Ugg, Crocs thriving as consumers turn to comfortApril 9, 2024 | finance.yahoo.comFootwear market: Consumers desire comfort over appearanceApril 4, 2024 | msn.comJoel Embiid signs new sneaker contract to become the face of Skechers basketball divisionSee More Headlines Receive SKX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Skechers U.S.A. and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/01/2024Today4/25/2024Next Earnings (Confirmed)4/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Footwear, except rubber Sub-IndustryFootwear Current SymbolNYSE:SKX CUSIP83056610 CIK1065837 Webwww.skechers.com Phone(310) 318-3100Fax310-318-5019Employees17,900Year FoundedN/APrice Target and Rating Average Stock Price Target$66.17 High Stock Price Target$74.00 Low Stock Price Target$49.00 Potential Upside/Downside+12.5%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$3.49 Trailing P/E Ratio16.85 Forward P/E Ratio15.44 P/E Growth1.08Net Income$545.80 million Net Margins6.82% Pretax Margin10.01% Return on Equity12.89% Return on Assets7.54% Debt Debt-to-Equity Ratio0.06 Current Ratio2.38 Quick Ratio1.46 Sales & Book Value Annual Sales$8.00 billion Price / Sales1.13 Cash Flow$4.69 per share Price / Cash Flow12.54 Book Value$28.75 per share Price / Book2.05Miscellaneous Outstanding Shares153,280,000Free Float115,340,000Market Cap$9.02 billion OptionableOptionable Beta1.32 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Robert Y. Greenberg (Age 84)Co-Founder, Chairman of the Board & CEO Comp: $11.5MMr. Michael Greenberg (Age 61)Co-Founder, President & Director Comp: $7.81MMr. John M. Vandemore (Age 50)Chief Financial Officer Comp: $2.43MMr. David Weinberg (Age 73)Executive VP, COO & Director Comp: $5.63MMr. Mark Nason (Age 62)Executive Vice President of Product Development Comp: $3.33MMr. Philip G. Paccione (Age 62)Executive VP of Business Affairs, General Counsel & Corporate Secretary Comp: $1.07MMr. Pete CalichmanSenior Vice President of Domestic SalesMore ExecutivesKey CompetitorsSteven MaddenNASDAQ:SHOOBirkenstockNYSE:BIRKChurchill DownsNASDAQ:CHDNToroNYSE:TTCRokuNASDAQ:ROKUView All CompetitorsInsiders & InstitutionsSimplex Trading LLCBought 31,200 shares on 4/25/2024Ownership: 0.000%Cascade Investment Advisors Inc.Bought 1,105 shares on 4/25/2024Ownership: 0.014%Assenagon Asset Management S.A.Bought 113,705 shares on 4/24/2024Ownership: 0.092%Louisiana State Employees Retirement SystemBought 900 shares on 4/23/2024Ownership: 0.025%Fifth Third BancorpBought 791 shares on 4/23/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions SKX Stock Analysis - Frequently Asked Questions Should I buy or sell Skechers U.S.A. stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Skechers U.S.A. in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SKX shares. View SKX analyst ratings or view top-rated stocks. What is Skechers U.S.A.'s stock price target for 2024? 12 brokerages have issued 12 month price targets for Skechers U.S.A.'s shares. Their SKX share price targets range from $49.00 to $74.00. On average, they predict the company's stock price to reach $66.17 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price. View analysts price targets for SKX or view top-rated stocks among Wall Street analysts. How have SKX shares performed in 2024? Skechers U.S.A.'s stock was trading at $62.34 at the beginning of the year. Since then, SKX stock has decreased by 5.6% and is now trading at $58.82. View the best growth stocks for 2024 here. Are investors shorting Skechers U.S.A.? Skechers U.S.A. saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 3,030,000 shares, an increase of 21.2% from the March 31st total of 2,500,000 shares. Based on an average daily trading volume, of 1,730,000 shares, the short-interest ratio is presently 1.8 days. Approximately 2.3% of the shares of the stock are short sold. View Skechers U.S.A.'s Short Interest. When is Skechers U.S.A.'s next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our SKX earnings forecast. How were Skechers U.S.A.'s earnings last quarter? Skechers U.S.A., Inc. (NYSE:SKX) posted its quarterly earnings results on Thursday, February, 1st. The textile maker reported $0.56 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.04. The textile maker had revenue of $1.96 billion for the quarter, compared to analysts' expectations of $2.03 billion. Skechers U.S.A. had a net margin of 6.82% and a trailing twelve-month return on equity of 12.89%. The company's quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.48 EPS. What ETFs hold Skechers U.S.A.'s stock? ETFs with the largest weight of Skechers U.S.A. (NYSE:SKX) stock in their portfolio include Global X Health & Wellness ETF (BFIT), American Customer Satisfaction ETF (ACSI), Alpha Architect U.S. Quantitative Value ETF (QVAL), Brandes U.S. Small-Mid Cap Value ETF (BSMC), Natixis Vaughan Nelson Mid Cap ETF (VNMC), First Trust Consumer Discretionary AlphaDEX Fund (FXD), Pacer US Cash Cows Growth ETF (BUL) and QRAFT AI-Enhanced U.S. Next Value ETF (NVQ). When did Skechers U.S.A.'s stock split? Skechers U.S.A.'s stock split on Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly issued shares were distributed 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. What guidance has Skechers U.S.A. issued on next quarter's earnings? Skechers U.S.A. issued an update on its second quarter 2024 earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of 0.850-0.900 for the period, compared to the consensus EPS estimate of 1.080. The company issued revenue guidance of $2.2 billion-$2.2 billion, compared to the consensus revenue estimate of $2.2 billion. 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. What other stocks do shareholders of Skechers U.S.A. own? Based on aggregate information from My MarketBeat watchlists, some companies that other Skechers U.S.A. investors own include Akorn (AKRX), Integrated Device Technology (IDTI), Bank of America (BAC), NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Gilead Sciences (GILD), Starbucks (SBUX) and Intel (INTC). Who are Skechers U.S.A.'s major shareholders? Skechers U.S.A.'s stock is owned by many different institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (0.80%), Cookson Peirce & Co. Inc. (0.14%), Assenagon Asset Management S.A. (0.09%), Baker Ellis Asset Management LLC (0.05%), Amalgamated Bank (0.05%) and Thompson Investment Management Inc. (0.04%). Insiders that own company stock include David Weinberg, Jeffrey Greenberg, John M Vandemore, Katherine J Blair, Mark A Nason, Michael Greenberg, Morton D Erlich, Phillip Paccione, Richard Siskind, Robert Greenberg, Thomas Walsh and Vivek Jetley. 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. This page (NYSE:SKX) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingConflict In Israel Sends Gold Soaring ???? 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