Skechers U.S.A. Company Profile (NYSE:SKX)

About Skechers U.S.A.

Skechers U.S.A. logoSkechers U.S.A., Inc. is a designer and marketer of Skechers-branded lifestyle footwear for men, women and children, and performance footwear for men and women under the Skechers GO brand name. The Company operates through three segments: domestic wholesale sales, international wholesale sales, and retail sales, which includes e-commerce sales. The Company's brands are sold through department and specialty stores, athletic and independent retailers, boutiques and Internet retailers. In addition to wholesale distribution, the Company's footwear is available at its e-commerce site and its own retail stores. The Company operates approximately 120 concept stores, over 160 factory outlet stores and over 120 warehouse outlet stores in the United States, and approximately 80 concept stores, over 40 factory outlet stores, and over five warehouse outlet stores internationally.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Textile - Apparel Footwear & Accessories
  • Sub-Industry: Footwear
  • Exchange: NYSE
  • Symbol: SKX
  • CUSIP: 83056610
Key Metrics:
  • Previous Close: $26.50
  • 50 Day Moving Average: $25.21
  • 200 Day Moving Average: $23.84
  • 52-Week Range: $154,658,000.00 - $18.81
  • Trailing P/E Ratio: 16.88
  • Foreward P/E Ratio: 13.18
  • P/E Growth: 1.49
  • Market Cap: $4.10B
  • Outstanding Shares: 154,658,000
  • Beta: 0.3
Profitability:
  • Net Margins: 6.83%
  • Return on Equity: 15.10%
  • Return on Assets: 10.85%
Debt:
  • Debt-to-Equity Ratio: 0.04%
  • Current Ratio: 2.94%
  • Quick Ratio: 1.81%
Additional Links:
Companies Related to Skechers U.S.A.:

Analyst Ratings

Consensus Ratings for Skechers U.S.A. (NYSE:SKX) (?)
Ratings Breakdown: 6 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.54)
Consensus Price Target: $26.81 (1.18% upside)

Analysts' Ratings History for Skechers U.S.A. (NYSE:SKX)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017Susquehanna Bancshares IncReiterated RatingPositive$30.00View Rating Details
2/15/2017B. RileyReiterated RatingNeutral$28.00View Rating Details
2/14/2017WedbushReiterated RatingNeutral$25.00View Rating Details
12/31/2016Monness Crespi & HardtUpgradeNeutral -> Buy$30.00View Rating Details
12/6/2016Wells Fargo & CoInitiated CoverageOutperform$30.00 -> $31.00View Rating Details
12/1/2016Buckingham ResearchUpgradeNeutral -> Buy$31.00View Rating Details
11/7/2016Standpoint ResearchReiterated RatingBuyView Rating Details
10/21/2016Cowen and CompanyReiterated RatingHoldView Rating Details
10/21/2016Citigroup Inc.DowngradeBuy -> Neutral$33.00 -> $21.00View Rating Details
9/21/2016Morgan StanleyDowngradeOverweight -> Equal Weight$41.00 -> $25.00View Rating Details
8/1/2016ArgusDowngradeBuy -> HoldView Rating Details
4/7/2016OTR GlobalDowngradePositiveView Rating Details
4/7/2016MacquarieInitiated CoverageOutperform$45.00View Rating Details
4/4/2016Dundee SecuritiesBoost Price TargetC$1.60 -> C$1.75View Rating Details
2/11/2016BB&T Co.Lower Price TargetBuy$50.00 -> $40.00View Rating Details
1/22/2016Sterne Agee CRTReiterated RatingBuy$54.00View Rating Details
12/3/2015National Bank FinancialLower Price TargetOutperformC$2.50 -> C$2.25View Rating Details
12/1/2015Beacon SecuritiesReiterated RatingBuyView Rating Details
11/27/2015TD SecuritiesLower Price TargetSpeculative BuyC$3.00 -> C$2.50View Rating Details
6/26/2015WunderlichReiterated RatingBuy$45.67View Rating Details
4/1/2015SidotiReiterated RatingBuyView Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Skechers U.S.A. (NYSE:SKX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/19/2017        
2/9/2017Q416$0.09$0.04$725.08 million$764.30 millionViewListenView Earnings Details
10/20/2016Q316$0.46$0.42$954.38 million$942.40 millionViewListenView Earnings Details
7/21/2016Q216$0.52$0.50$892.06 million$877.80 millionViewListenView Earnings Details
4/21/2016Q116$0.54$0.63$914.87 million$978.80 millionViewListenView Earnings Details
2/10/2016Q415$0.20$0.19$693.48 million$722.70 millionViewListenView Earnings Details
10/22/2015Q315$0.55$0.43$875.95 million$856.20 millionViewListenView Earnings Details
7/29/2015Q2$1.01$1.55$736.37 million$800.50 millionViewListenView Earnings Details
4/22/2015Q115$1.01$1.10$705.16 million$768.00 millionViewListenView Earnings Details
2/11/2015Q414$0.43$0.43$542.75 million$569.70 millionViewListenView Earnings Details
10/22/2014Q314$0.92$1.00$626.00 million$674.30 millionViewListenView Earnings Details
7/23/2014Q214$0.40$0.68$508.82 million$587.10 millionViewListenView Earnings Details
4/22/2014Q1$0.95$0.61$508.82 million$546.50 millionViewListenView Earnings Details
2/12/2014Q413$0.16$0.28$448.58 million$450.70 millionViewListenView Earnings Details
10/23/2013Q313$0.61$0.53$518.22 million$518.80 millionViewListenView Earnings Details
7/24/2013Q2 2013$0.03$0.14$427.62 million$428.20 millionViewListenView Earnings Details
5/15/2013Q1 2013$0.17$0.21$443.21 million$451.60 millionViewListenView Earnings Details
2/13/2013Q4 2012($0.13)$0.08$337.62 million$395.60 millionViewListenView Earnings Details
10/24/2012$0.26$0.22ViewN/AView Earnings Details
7/25/2012($0.11)($0.04)ViewN/AView Earnings Details
4/25/2012($0.21)($0.07)ViewN/AView Earnings Details
2/15/2012($0.22)($1.18)ViewN/AView Earnings Details
10/26/2011$0.15$0.17ViewN/AView Earnings Details
7/27/2011($0.31)($0.31)ViewN/AView Earnings Details
4/27/2011$0.30$0.24ViewN/AView Earnings Details
2/16/2011$0.13$0.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Skechers U.S.A. (NYSE:SKX)
Current Year EPS Consensus Estimate: $1.76 EPS
Next Year EPS Consensus Estimate: $2.01 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.50$0.50$0.50
Q2 20162$0.50$0.52$0.51
Q3 20162$0.50$0.67$0.59
Q4 20163$0.10$0.25$0.15
Q1 20172$0.50$0.55$0.53
Q2 20172$0.44$0.55$0.50
Q3 20171$0.54$0.54$0.54
Q4 20172$0.11$0.14$0.13
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Skechers U.S.A. (NYSE:SKX)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Skechers U.S.A. (NYSE:SKX)
Insider Ownership Percentage: 21.73%
Institutional Ownership Percentage: 61.40%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/23/2016Richard RappaportDirectorSell1,000$24.45$24,450.00View SEC Filing  
12/5/2016Richard RappaportDirectorSell1,000$26.13$26,130.00View SEC Filing  
11/29/2016Robert GreenbergCEOBuy500,000$21.96$10,980,000.00View SEC Filing  
11/28/2016Robert GreenbergCEOBuy250,000$22.18$5,545,000.00View SEC Filing  
11/23/2016Thomas WalshDirectorSell1,500$22.64$33,960.00View SEC Filing  
11/2/2016Michael GreenbergPresidentSell150,000$20.58$3,087,000.00View SEC Filing  
7/28/2016Phillip PaccioneGeneral CounselSell1,389$24.12$33,502.68View SEC Filing  
7/1/2016Jeffrey GreenbergDirectorSell10,000$30.15$301,500.00View SEC Filing  
5/26/2016Mark A NasonEVPSell9,055$30.00$271,650.00View SEC Filing  
5/26/2016Phillip PaccioneGeneral CounselSell3,500$30.23$105,805.00View SEC Filing  
5/16/2016Robert GreenbergCEOSell300,000$31.44$9,432,000.00View SEC Filing  
5/2/2016Jeffrey GreenbergDirectorSell10,000$33.55$335,500.00View SEC Filing  
5/2/2016Michael GreenbergPresidentSell200,000$33.87$6,774,000.00View SEC Filing  
4/26/2016David WeinbergCOOSell50,000$34.07$1,703,500.00View SEC Filing  
4/26/2016Phillip PaccioneGeneral CounselSell5,000$34.00$170,000.00View SEC Filing  
3/2/2016David WeinbergCOOSell54,179$33.16$1,796,575.64View SEC Filing  
3/2/2016Robert GreenbergCEOSell22,270$33.36$742,927.20View SEC Filing  
2/12/2016John O'connellInsiderSell1,385$1.00$1,385.00
2/2/2016John O'connellInsiderBuy425$1.10$467.50
1/26/2016John O'connellInsiderSell4,693$1.17$5,490.81
1/21/2016John O'connellInsiderSell3,148$1.02$3,223.55
1/19/2016John O'connellInsiderBuy412,500$1.06$437,250.00
1/18/2016John O'connellInsiderSell1,107$1.06$1,174.53
1/14/2016John O'connellInsiderSell2,113$1.06$2,248.87
1/7/2016Frank Peter MullerInsiderBuy7,400$1.00$7,400.00
1/6/2016Frank Peter MullerInsiderBuy12,900$1.00$12,900.00
12/22/2015Frank Peter MullerInsiderBuy16,000$0.95$15,200.00
12/21/2015Frank Peter MullerInsiderBuy3,000$0.93$2,790.00
12/18/2015John O'connellInsiderSell3,365$0.87$2,937.65
12/16/2015John O'connellInsiderSell979$0.82$802.78
12/16/2015Michael GreenbergPresidentSell150,000$30.66$4,599,000.00View SEC Filing  
12/16/2015Thomas WalshDirectorSell1,500$30.05$45,075.00View SEC Filing  
9/25/2015Robert GreenbergCEOSell200,000$141.43$28,286,000.00View SEC Filing  
8/19/2015Robert GreenbergCEOSell300,000$153.15$45,945,000.00View SEC Filing  
6/26/2015Frank Peter MullerInsiderBuy10,000$2.03$20,300.00
6/25/2015Richard RappaportDirectorSell1,000$112.00$112,000.00View SEC Filing  
6/23/2015John O'connellInsiderSell3,725$2.05$7,628.43
6/17/2015John O'connellInsiderBuy14,000$2.18$30,529.80
6/12/2015Michael GreenbergPresidentSell126,868$109.20$13,853,985.60View SEC Filing  
6/2/2015Patrick Russell WardDirectorBuy4,600$2.26$10,396.00
5/29/2015Patrick Russell WardDirectorBuy3,200$2.19$7,008.00
5/19/2015Mark A NasonEVPSell9,000$104.19$937,710.00View SEC Filing  
4/30/2015Robert GreenbergCEOSell300,000$90.38$27,114,000.00View SEC Filing  
4/1/2015John O'connellDirectorBuy70,000$1.75$122,276.00
3/31/2015Michael GreenbergPresidentSell50,000$71.92$3,596,000.00View SEC Filing  
3/19/2015Phillip PaccioneGeneral CounselSell2,675$71.49$191,235.75View SEC Filing  
3/13/2015Phillip PaccioneGeneral CounselSell3,024$69.52$210,228.48View SEC Filing  
3/12/2015Mark A NasonEVPSell2,950$69.00$203,550.00View SEC Filing  
3/3/2015David WeinbergCOOSell9,089$67.91$617,233.99View SEC Filing  
3/3/2015Robert GreenbergCEOSell8,419$67.91$571,734.29View SEC Filing  
11/24/2014Michael GreenbergPresidentSell33,860$60.02$2,032,277.20View SEC Filing  
9/12/2014David WeinbergCOOSell25,000$64.26$1,606,500.00View SEC Filing  
9/10/2014Morton D ErlichDirectorSell5,000$63.63$318,150.00View SEC Filing  
8/25/2014Richard RappaportDirectorSell1,000$60.00$60,000.00View SEC Filing  
8/6/2014Geyer KosinskiDirectorSell7,850$55.16$433,006.00View SEC Filing  
5/21/2014Mark NasonEVPSell7,025$42.96$301,794.00View SEC Filing  
5/1/2014Robert GreenbergCEOSell250,000$41.06$10,265,000.00View SEC Filing  
12/19/2013Robert GreenbergCEOSell300,000$33.08$9,924,000.00View SEC Filing  
9/26/2013Phillip PaccioneGeneral CounselSell3,400$30.00$102,000.00View SEC Filing  
9/24/2013Thomas WalshDirectorSell1,250$29.46$36,825.00View SEC Filing  
9/19/2013Richard RappaportDirectorSell1,000$30.20$30,200.00View SEC Filing  
8/23/2013David WeinbergCOOSell25,000$30.51$762,750.00View SEC Filing  
8/5/2013Morton ErlichDirectorSell10,500$28.28$296,940.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Skechers U.S.A. (NYSE:SKX)
DateHeadline
News IconKeeping Tabs on Shares of Skechers USA, Inc. (NYSE:SKX) - Rives Journal (NYSE:SKX)
rivesjournal.com - February 24 at 7:04 AM
News IconAnalytical Guide for Kansas City Southern (KSU), Skechers USA, Inc. - The USA Commerce (NYSE:SKX)
www.theusacommerce.com - February 24 at 7:04 AM
News IconAre Analysts Optimistic About Where Skechers USA, Inc. (NYSE:SKX) is Heading? - Winfield Review (NYSE:SKX)
winfieldreview.com - February 22 at 8:02 PM
News IconEarnings And Analyst Opinion Offer Spending Insights: Skechers USA, Inc. (SKX), Dick's Sporting Goods, Inc. (DKS) - Post Analyst (NYSE:SKX)
postanalyst.com - February 22 at 9:53 AM
News IconAnalysts Near-Term outlook: Skechers USA, Inc. (SKX), Helix Energy Solutions Group, Inc. (HLX) - The USA Commerce (NYSE:SKX)
theusacommerce.com - February 22 at 9:53 AM
News IconRevenue Approximations Analysis: Colony NorthStar, Inc. (CLNS), Skechers USA, Inc. (SKX) - StockNewsJournal (NYSE:SKX)
stocknewsjournal.com - February 22 at 9:53 AM
uk.finance.yahoo.com logoSKECHERS Named Footwear Brand of the Year at the Footwear Industry Awards (NYSE:SKX)
uk.finance.yahoo.com - February 22 at 9:53 AM
uk.finance.yahoo.com logoRob Lowe Signs on With SKECHERS (NYSE:SKX)
uk.finance.yahoo.com - February 21 at 5:01 PM
marketwatch.com logoRob Lowe inks deal with Skechers after 15-year hiatus (NYSE:SKX)
www.marketwatch.com - February 21 at 5:01 PM
News IconAnalysts Peer Into Their Crystal Balls For Skechers USA, Inc. (NYSE:SKX): Where Is It headed? - Winfield Review (NYSE:SKX)
winfieldreview.com - February 20 at 6:59 PM
News IconEarnings Clues on Skechers USA, Inc. (SKX), Murphy Oil Corporation (MUR) Analyst's Predictions - StockNewsJournal (NYSE:SKX)
stocknewsjournal.com - February 20 at 6:59 PM
News IconLevels in View on Shares of Skechers USA Inc. (SKX) - Baldwin Journal (NYSE:SKX)
baldwinjournal.com - February 17 at 7:33 PM
nasdaq.com logoSKX Crosses Below Key Moving Average Level - Nasdaq (NYSE:SKX)
www.nasdaq.com - February 17 at 7:33 PM
News IconWhy to Keeping Eye on Skechers USA, Inc. (SKX), Platform Specialty Products Corporation (PAH)? - StockNewsJournal (NYSE:SKX)
stocknewsjournal.com - February 17 at 7:33 PM
seekingalpha.com logoAn Update On Skechers - Seeking Alpha (NYSE:SKX)
seekingalpha.com - February 17 at 7:33 PM
News IconJust the Facts on Skechers U.S.A., Inc. (SKX) | StockNewsJournal - StockNewsJournal (NYSE:SKX)
stocknewsjournal.com - February 17 at 7:33 PM
News IconWhy Investors remained confident on Sabre Corporation (SABR), Skechers USA, Inc. (SKX)? - StockNewsJournal (NYSE:SKX)
stocknewsjournal.com - February 15 at 5:40 AM
News IconHow Does the Chart Look for Skechers USA, Inc. (SKX) ? - The USA Commerce (NYSE:SKX)
www.theusacommerce.com - February 15 at 5:40 AM
seekingalpha.com logoSkechers: Positive Momentum In Revenue, Buy On Dips - Seeking Alpha (NYSE:SKX)
seekingalpha.com - February 15 at 5:40 AM
fool.com logoSkechers Concept Stores Help Drive International Growth (NYSE:SKX)
www.fool.com - February 15 at 5:40 AM
News IconThe Robecosam AG Has $2195000 Position in Skechers USA, Inc. (SKX) (NYSE:SKX)
xboxonezone.com - February 14 at 6:23 AM
News IconSkechers USA, Inc. (SKX) recently sold by insider RAPPAPORT RICHARD (NYSE:SKX)
techknowbits.com - February 14 at 6:23 AM
thestreet.com logoSkechers Is Laced Up for a Run Higher (NYSE:SKX)
www.thestreet.com - February 14 at 6:23 AM
capitalcube.com logoSKECHERS USA, Inc.: Gathering momentum, can it sustain its performance? (NYSE:SKX)
www.capitalcube.com - February 14 at 6:23 AM
fxpips.com logoThese Stocks are Gapping Up Pre Market – AAPC, PLSE, CTRL, KBSF, SWIR, SHLD, SKX (NYSE:SKX)
www.fxpips.com - February 13 at 8:11 AM
capitalcube.com logoSKECHERS USA, Inc. breached its 50 day moving average in a Bullish Manner : SKX-US : February 13, 2017 (NYSE:SKX)
www.capitalcube.com - February 13 at 8:11 AM
nasdaq.com logoSkechers (SKX) Q4 Earnings Miss, Stock Up on Solid Sales - Nasdaq (NYSE:SKX)
www.nasdaq.com - February 13 at 12:50 AM
fool.com logoIt's Time for Skechers USA Inc to Do Something With Its Cash (NYSE:SKX)
www.fool.com - February 12 at 7:46 PM
News IconSkechers USA Inc (SKX): Better Topline Growth But Comes at a Cost - Smаrt Stоck Nеws (NYSE:SKX)
www.smartstocknews.com - February 12 at 8:02 AM
News IconEarnings Reaction History: Skechers USA Inc, 72.7% Follow-Through Indicator, 12.1% Sensitive (NYSE:SKX)
eleganthomesinla.com - February 11 at 7:55 PM
seekingalpha.com logoSkechers soars 20% on strong sales numbers - Skechers USA Inc ... - Seeking Alpha (NYSE:SKX)
seekingalpha.com - February 11 at 2:18 AM
benzinga.com logoSkechers Spikes 20% After Mixed Q4, Guidance - Benzinga (NYSE:SKX)
www.benzinga.com - February 11 at 2:18 AM
nasdaq.com logoEarnings Reaction History: Skechers USA Inc, 72.7% Follow-Through Indicator, 12.1% Sensitive - Nasdaq (NYSE:SKX)
www.nasdaq.com - February 11 at 2:18 AM
News IconSkechers USA, Inc. (SKX) Issues Q1 Earnings Guidance (NYSE:SKX)
emfizz.com - February 11 at 2:18 AM
News IconWhat Wall Street is saying about Skechers USA, Inc. (NYSE:SKX) (NYSE:SKX)
latribunadecanarias.com - February 11 at 2:18 AM
News IconSkechers USA, Inc. (NYSE:SKX) Analysts Recommendations and Insider Trading (NYSE:SKX)
cloudhostinghq.net - February 11 at 2:18 AM
News IconForward Earnings Estimate of Skechers USA, Inc.(SKX) (NYSE:SKX)
hoyentv.com - February 11 at 2:18 AM
nasdaq.com logoAre Options Traders Betting on a Big Move in Skechers U.S.A. (SKX) Stock? (NYSE:SKX)
www.nasdaq.com - February 11 at 2:18 AM
us.rd.yahoo.com logoCramer's Stop Trading: Skechers USA (NYSE:SKX)
us.rd.yahoo.com - February 11 at 2:18 AM
us.rd.yahoo.com logoStock Market News for February 10, 2017 (NYSE:SKX)
us.rd.yahoo.com - February 11 at 2:18 AM
thestreet.com logoSkechers Stock Surges -- Plus Jim Cramer's View (NYSE:SKX)
us.rd.yahoo.com - February 11 at 2:18 AM
fool.com logoWhy Shares of Skechers Rocketed Higher Today (NYSE:SKX)
us.rd.yahoo.com - February 11 at 2:18 AM
capitalcube.com logoSKECHERS USA, Inc. :SKX-US: Earnings Analysis: 2016 By the Numbers : February 10, 2017 (NYSE:SKX)
us.rd.yahoo.com - February 11 at 2:18 AM
us.rd.yahoo.com logoSkechers Jumps 20% On Mixed Q4 Earnings, Guidance (NYSE:SKX)
us.rd.yahoo.com - February 11 at 2:18 AM
News IconBOBS from Skechers and Best Friends Animal Society Team Up This Valentine’s Day to “Give Love ” (NYSE:SKX)
mysocialgoodnews.com - February 10 at 3:54 AM
News IconWhat To Expect From Skechers USA Inc’s (SKX) Earnings Over The Next Year? (NYSE:SKX)
simplywall.st - February 10 at 3:54 AM
News IconSkechers USA, Inc. (SKX) Updates Q1 Earnings Guidance (NYSE:SKX)
mlbinjurynews.com - February 10 at 3:54 AM
us.rd.yahoo.com logoSKECHERS Announces Fourth Quarter and Fiscal Year 2016 Financial Results (NYSE:SKX)
us.rd.yahoo.com - February 10 at 3:54 AM
biz.yahoo.com logoSKECHERS USA INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:SKX)
us.rd.yahoo.com - February 10 at 3:54 AM
us.rd.yahoo.com logo4:07 pm Skechers USA misses by $0.06, beats on revs; guides Q1 EPS below consensus, revs above consensus (NYSE:SKX)
us.rd.yahoo.com - February 10 at 3:54 AM

Social

What is Skechers U.S.A.'s stock symbol?

Skechers U.S.A. trades on the New York Stock Exchange (NYSE) under the ticker symbol "SKX."

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

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 created shares were distributed to shareholders after the market closes on Thursday, October 15th 2015. An investor that had 100 shares of Skechers U.S.A. stock prior to the split would have 300 shares after the split.

Where is Skechers U.S.A.'s stock going? Where will Skechers U.S.A.'s stock price be in 2017?

13 analysts have issued 1-year price targets for Skechers U.S.A.'s stock. Their forecasts range from $1.75 to $45.00. On average, they expect Skechers U.S.A.'s stock price to reach $26.81 in the next twelve months.

When will Skechers U.S.A. announce their earnings?

Skechers U.S.A. is scheduled to release their next quarterly earnings announcement on Wednesday, April, 19th 2017.

What are analysts saying about Skechers U.S.A. stock?

Here are some recent quotes from research analysts about Skechers U.S.A. stock:

  • According to Zacks Investment Research, "Skechers has outpaced the industry in the past six months. With greater emphasis on new line of products, cost containment efforts, inventory management and global distribution platform, it remains well positioned to sustain the momentum. However, third straight quarter of earnings miss, when it posted fourth-quarter 2016 results raises concern. The results were mainly affected by foreign currency translation that hurt gross margins, led to a rise in pre-tax expenses and weighed on the wholesale business in the U.K. The bottom line was also impacted by higher effective tax rate. Even an increase in net sales failed to act as a savior. We noted that the rate of sales growth in the fourth, third and second quarters have diminished significantly from the first quarter. The company’s domestic wholesale business remained a drag in the quarter. Nevertheless, Skechers remains optimistic about its top line performance in first-quarter 2017." (2/14/2017)

  • Argus analysts commented, "We are concerned about the sharp slowdown in Skechers' domestic revenue in 2016. In addition, we expect the company to be hurt by above-average inventories of athletic footwear and by increased price competition from Under Armour, Nike, and other specialty retailers," analyst John Staszak wrote in a note.In addition, the footwear company is "facing continued, though diminishing, currency headwinds on the more than 40 percent of its sales that come from overseas." (8/1/2016)

Who owns Skechers U.S.A. stock?

Skechers U.S.A.'s stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (12.67%), State Street Corp (2.11%), AQR Capital Management LLC (1.26%), Prudential PLC (1.03%), Dimensional Fund Advisors LP (0.79%) and Fiera Capital Corp (0.58%). Company insiders that own Skechers U.S.A. stock include David Weinberg, Frank Peter Muller, Jeffrey Greenberg, John O'connell, Mark A Nason, Michael Greenberg, Patrick Russell Ward, Phillip Paccione, Richard Rappaport, Robert Greenberg and Thomas Walsh.

Who sold Skechers U.S.A. stock? Who is selling Skechers U.S.A. stock?

Skechers U.S.A.'s stock was sold by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Prudential PLC, Guggenheim Capital LLC, Integre Asset Management LLC, State Street Corp, Janus Capital Management LLC, Federated Investors Inc. PA and TCW Group Inc.. Company insiders that have sold Skechers U.S.A. stock in the last year include David Weinberg, Jeffrey Greenberg, Mark A Nason, Michael Greenberg, Phillip Paccione, Richard Rappaport, Robert Greenberg and Thomas Walsh.

Who bought Skechers U.S.A. stock? Who is buying Skechers U.S.A. stock?

Skechers U.S.A.'s stock was bought by a variety of institutional investors in the last quarter, including Cortina Asset Management LLC, Two Sigma Investments LP, Castleark Management LLC, Royce & Associates LP, Oxford Asset Management, AQR Capital Management LLC, Foundation Asset Management LP and Marshall Wace LLP. Company insiders that have bought Skechers U.S.A. stock in the last two years include Frank Peter Muller, John O'connell, Patrick Russell Ward and Robert Greenberg.

How do I buy Skechers U.S.A. stock?

Shares of Skechers U.S.A. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Skechers U.S.A. stock cost?

One share of Skechers U.S.A. stock can currently be purchased for approximately $26.50.

Skechers U.S.A. (NYSE:SKX) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Skechers U.S.A. (NYSE:SKX)

Earnings History Chart

Earnings by Quarter for Skechers U.S.A. (NYSE:SKX)

Dividend History Chart

Dividend Payments by Quarter for Skechers U.S.A. (NYSE:SKX)

Last Updated on 2/27/2017 by MarketBeat.com Staff