Skechers U.S.A. (SKX) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Skechers U.S.A. is expected to announce its Q2 2025 earnings on August 7th, with analysts anticipating earnings of $0.86 per share and revenue of $2.35 billion.
• The company's current stock price is opening at $63.19, with a market capitalization of $9.45 billion and a PE ratio of 15.19.
• Analyst ratings vary, with one investment analyst issuing a sell rating, while the consensus rating is "Hold" with a target price of $66.75.

Skechers U.S.A. (NYSE:SKX - Get Free Report) is projected to release its Q2 2025 earnings data 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. Trading Up 0.1%

NYSE:SKX traded up $0.07 during mid-day trading on Monday, reaching $63.07. 1,115,852 shares of the company's stock traded hands, compared to its average volume of 4,716,266. Skechers U.S.A. has a 12-month low of $44.50 and a 12-month high of $78.85. The firm has a market capitalization of $9.43 billion, a price-to-earnings ratio of 15.16 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. The company has a 50 day moving average price of $62.77 and a 200-day moving average price of $60.73.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SKX. Evercore ISI reduced their price target on Skechers U.S.A. from $78.00 to $60.00 and set an "outperform" rating on the stock in a report on Thursday, April 17th. Needham & Company LLC restated a "hold" rating on shares of Skechers U.S.A. in a report on Tuesday, April 22nd. Raymond James Financial downgraded Skechers U.S.A. from a "moderate buy" rating to a "hold" rating in a report on Monday, May 5th. Wells Fargo & Company upped their target price on Skechers U.S.A. from $57.00 to $63.00 and gave the stock an "overweight" rating in a report on Tuesday, May 6th. Finally, Barclays reiterated an "equal weight" rating and set a $63.00 target price (up previously from $53.00) on shares of Skechers U.S.A. in a report on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $66.75.

Institutional Investors Weigh In On Skechers U.S.A.

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 grew its position in shares of Skechers U.S.A., Inc. (NYSE:SKX - Free Report) by 4.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 394,235 shares of the textile maker's stock after purchasing an additional 16,915 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.26% of Skechers U.S.A. worth $22,385,000 at the end of the most recent reporting period. 79.96% of the stock is owned by institutional investors.

About Skechers U.S.A.

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.