NYSE:SKX

Skechers U.S.A. Stock Forecast, Price & News

$48.18
+1.16 (+2.47 %)
(As of 06/21/2021 12:00 AM ET)
Add
Compare
Today's Range
$47.19
$48.26
50-Day Range
$43.48
$51.90
52-Week Range
$27.03
$53.14
Volume753,911 shs
Average Volume1.57 million shs
Market Capitalization$7.47 billion
P/E Ratio51.26
Dividend YieldN/A
Beta1.44
30 days | 90 days | 365 days | Advanced Chart
Receive SKX 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.


Skechers U.S.A. logo

About Skechers U.S.A.

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers brand worldwide. It operates through three segments: Domestic Wholesale, International Wholesale, and Direct-to-Consumer. The company offers casual, casual athletic, sport athletic, trail, sandals, boots, and retro fashion footwear for men and women under the Skechers USA, Skechers Sport, Skechers Active, Modern Comfort, Skechers Street, Mark Nason, and BOBS brands; sneakers, casuals, boots, and sandals for boys and girls under the Skechers Mega-Craft, S-Lights, SKECH-AIR, Foamies, Twinkle Toes, Z-Strap, Skechers Stretch Fit, and Skechers Street brands; technical footwear under the Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf brands; sneakers, casuals, boots, and sandals for boys and girls; men's and women's slip-resistant and safety-toe casuals, boots, hikers, and athletic shoes; and lifestyle apparel for men, women, and kids. As of December 31, 2020, it operated approximately 3,891 company- and third party-owned Skechers stores. The company sells its products through department and specialty stores, athletic and independent retailers, boutiques, and online retailers; and through its e-commerce sites, concept stores, and factory and warehouse outlet stores. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.75 out of 5 stars

Consumer Discretionary Sector

102nd out of 598 stocks

Footwear, Except Rubber Industry

3rd out of 9 stocks

Analyst Opinion: 2.4Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Skechers U.S.A. (NYSE:SKX) Frequently Asked Questions

Is Skechers U.S.A. a buy right now?

9 Wall Street 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 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Skechers U.S.A. stock.
View analyst ratings for Skechers U.S.A.
or view top-rated stocks.

What stocks does MarketBeat like better than Skechers U.S.A.?

Wall Street analysts have given Skechers U.S.A. a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Skechers U.S.A. wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Skechers U.S.A.'s next earnings date?

Skechers U.S.A. is scheduled to release its next quarterly earnings announcement on Wednesday, July 21st 2021.
View our earnings forecast for Skechers U.S.A.
.

How were Skechers U.S.A.'s earnings last quarter?

Skechers U.S.A., Inc. (NYSE:SKX) issued its quarterly earnings results on Thursday, April, 22nd. The textile maker reported $0.68 EPS for the quarter, topping the Zacks' consensus estimate of $0.49 by $0.19. The textile maker earned $1.43 billion during the quarter, compared to analysts' expectations of $1.33 billion. Skechers U.S.A. had a net margin of 3.09% and a trailing twelve-month return on equity of 5.66%. The business's quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.39 earnings per share.
View Skechers U.S.A.'s earnings history
.

How has Skechers U.S.A.'s stock price been impacted by COVID-19 (Coronavirus)?

Skechers U.S.A.'s stock was trading at $27.91 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SKX shares have increased by 72.6% and is now trading at $48.18.
View which stocks have been most impacted by COVID-19
.

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

Skechers U.S.A. shares 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 Skechers U.S.A. 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 FY 2021 earnings guidance on Tuesday, May, 4th. The company provided earnings per share (EPS) guidance of 1.800-2.000 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.920. The company issued revenue guidance of $5.80 billion-$5.90 billion, compared to the consensus revenue estimate of $5.57 billion.

What price target have analysts set for SKX?

9 analysts have issued 1 year target prices for Skechers U.S.A.'s shares. Their forecasts range from $34.00 to $57.00. On average, they expect Skechers U.S.A.'s share price to reach $46.50 in the next twelve months. This suggests that the stock has a possible downside of 3.5%.
View analysts' price targets for Skechers U.S.A.
or view top-rated stocks among Wall Street analysts.

Who are Skechers U.S.A.'s key executives?

Skechers U.S.A.'s management team includes the following people:
  • Mr. Robert Y. Greenberg, Co-Founder, Chairman & CEO (Age 81, Pay $6.66M)
  • Mr. Michael Greenberg, Co-Founder, Pres & Director (Age 58, Pay $5.74M)
  • Mr. John M. Vandemore, Chief Financial Officer (Age 47, Pay $1.04M)
  • Mr. David Weinberg, Exec. VP, COO & Director (Age 70, Pay $3.9M)
  • Mr. Jeffrey Greenberg, Sr. VP of Active Electronic Media & Director (Age 53)
  • Mr. Mark Nason, Exec. VP of Product Devel. (Age 59, Pay $2.23M)
  • Mr. Philip G. Paccione, Exec. VP of Bus. Affairs, Gen. Counsel & Corp. Sec. (Age 59)

What is Robert Greenberg's approval rating as Skechers U.S.A.'s CEO?

362 employees have rated Skechers U.S.A. CEO Robert Greenberg on Glassdoor.com. Robert Greenberg has an approval rating of 75% among Skechers U.S.A.'s employees.

Who are some of Skechers U.S.A.'s key competitors?

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 (CELG), 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).

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."

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

Skechers U.S.A.'s stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.53%), Massachusetts Financial Services Co. MA (4.06%), Pzena Investment Management LLC (2.47%), Bank of New York Mellon Corp (2.05%), Tremblant Capital Group (1.87%) and Franklin Resources Inc. (1.35%). Company insiders that own Skechers U.S.A. stock include David Weinberg, Jeffrey Greenberg, Mark A Nason, Michael Greenberg, Morton D Erlich, Phillip Paccione, Richard Siskind, Robert Greenberg and Thomas Walsh.
View institutional ownership trends for Skechers U.S.A.
.

Which major investors are selling Skechers U.S.A. stock?

SKX stock was sold by a variety of institutional investors in the last quarter, including Southpoint Capital Advisors LP, Alliancebernstein L.P., Tremblant Capital Group, Morgan Stanley, Lakewood Capital Management LP, Ameriprise Financial Inc., Dimensional Fund Advisors LP, and Strs Ohio. Company insiders that have sold Skechers U.S.A. company stock in the last year include David Weinberg, Jeffrey Greenberg, Mark A Nason, Michael Greenberg, Morton D Erlich, Phillip Paccione, Richard Siskind, and Robert Greenberg.
View insider buying and selling activity for Skechers U.S.A.
or view top insider-selling stocks.

Which major investors are buying Skechers U.S.A. stock?

SKX stock was bought by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Vaughan Nelson Investment Management L.P., Massachusetts Financial Services Co. MA, Waddell & Reed Financial Inc., Franklin Resources Inc., Amundi Asset Management US Inc., BlackRock Inc., and Royce & Associates LP.
View insider buying and selling activity for Skechers U.S.A.
or or view top insider-buying stocks.

How do I buy shares of Skechers U.S.A.?

Shares of SKX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Skechers U.S.A.'s stock price today?

One share of SKX stock can currently be purchased for approximately $48.18.

How much money does Skechers U.S.A. make?

Skechers U.S.A. has a market capitalization of $7.47 billion and generates $4.60 billion in revenue each year. The textile maker earns $98.56 million in net income (profit) each year or $0.65 on an earnings per share basis.

How many employees does Skechers U.S.A. have?

Skechers U.S.A. employs 11,700 workers across the globe.

What is Skechers U.S.A.'s official website?

The official website for Skechers U.S.A. is www.skechers.com.

Where are Skechers U.S.A.'s headquarters?

Skechers U.S.A. is headquartered at 228 Manhattan Beach Boulevard, Manhattan Beach CA, 90266.

How can I contact Skechers U.S.A.?

Skechers U.S.A.'s mailing address is 228 Manhattan Beach Boulevard, Manhattan Beach CA, 90266. The textile maker can be reached via phone at 310-318-3100 or via email at [email protected]


This page was last updated on 6/22/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.