Skechers U.S.A. (NYSE:SKX - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results after the market closes on Thursday, August 7th. Analysts expect Skechers U.S.A. to post earnings of $0.86 per share and revenue of $2.35 billion for the quarter.
Skechers U.S.A. Stock Down 0.4%
NYSE SKX traded down $0.27 on Friday, reaching $62.98. The company had a trading volume of 7,925,479 shares, compared to its average volume of 2,454,696. The firm has a 50-day moving average of $62.77 and a 200-day moving average of $60.85. Skechers U.S.A. has a 1 year low of $44.50 and a 1 year high of $78.85. The firm has a market capitalization of $9.42 billion, a PE ratio of 15.14 and a beta of 1.16. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.13 and a quick ratio of 1.28.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Skechers U.S.A. stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Skechers U.S.A., Inc. (NYSE:SKX - Free Report) by 4.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 394,235 shares of the textile maker's stock after purchasing an additional 16,915 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.26% of Skechers U.S.A. worth $22,385,000 as of its most recent filing with the SEC. Institutional investors own 79.96% of the company's stock.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on SKX. Morgan Stanley reaffirmed an "equal weight" rating and issued a $63.00 target price (down from $73.00) on shares of Skechers U.S.A. in a research report on Wednesday, May 7th. Barclays reaffirmed an "equal weight" rating and issued a $63.00 target price (up from $53.00) on shares of Skechers U.S.A. in a research report on Tuesday, May 6th. Stifel Nicolaus dropped their price target on Skechers U.S.A. from $80.00 to $62.00 and set a "buy" rating on the stock in a research report on Thursday, April 10th. Wall Street Zen began coverage on Skechers U.S.A. in a research report on Thursday, May 22nd. They set a "sell" rating on the stock. Finally, Evercore ISI dropped their price target on Skechers U.S.A. from $78.00 to $60.00 and set an "outperform" rating on the stock in a research report on Thursday, April 17th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $66.75.
View Our Latest Analysis on Skechers U.S.A.
About Skechers U.S.A.
(
Get Free Report)
Skechers U.SA, 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.
Featured Articles
Before you consider Skechers U.S.A., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Skechers U.S.A. wasn't on the list.
While Skechers U.S.A. currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
