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S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
S&P 500   3,821.55
DOW   30,946.99
QQQ   283.54
NYSE:SKX

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

$37.38
-1.16 (-3.01%)
(As of 06/28/2022 12:00 AM ET)
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Today's Range
$37.36
$39.61
50-Day Range
$34.68
$42.34
52-Week Range
$33.50
$55.87
Volume
1.08 million shs
Average Volume
1.46 million shs
Market Capitalization
$5.83 billion
P/E Ratio
7.68
Dividend Yield
N/A
Price Target
$58.00
30 days | 90 days | 365 days | Advanced Chart

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SKX Stock Forecast (MarketRank)

Overall MarketRank

2.94 out of 5 stars

Consumer Discretionary Sector

42nd out of 404 stocks

Footwear, Except Rubber Industry

2nd out of 6 stocks

Analyst Opinion: 3.5Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 3.1 5 -4 -3 -2 -1 -
Skechers U.S.A. logo

About Skechers U.S.A. (NYSE:SKX)

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women worldwide. The company operates through three segments: Domestic Wholesale, International Wholesale, and Direct-to-Consumer. It 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; and technical footwear under the Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf brands. The company also provides 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, 2021, it operated 4,306 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. It also licenses its Skechers brand. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.

SKX Stock News Headlines

PEG Ratio Pegs These 3 Stocks as Long-Term Buys (SKX)
The ultra-low PEG ratios of these three stocks suggest their share prices will have some serious catching up to do as future earnings growth kicks in.
Skechers Opens Superstore in New Jersey
Skechers U.S.A. (NYSE:SKX) Sees Unusually-High Trading Volume
Argus Upgrades Skechers U.S.A. (NYSE:SKX) to "Buy"
Skechers shares gain after upgrade from Argus
See More Headlines

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Footwear
CUSIP
83056610
Employees
11,700
Year Founded
N/A

Company Calendar

Last Earnings
4/26/2022
Today
6/29/2022
Next Earnings (Estimated)
7/20/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$58.00
High Stock Price Forecast
$71.00
Low Stock Price Forecast
$44.00
Forecasted Upside/Downside
+55.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.90909090909091
Research Coverage
11 Analysts

Profitability

Net Income
$741.50 million
Pretax Margin
8.93%

Debt

Sales & Book Value

Annual Sales
$6.29 billion
Cash Flow
$3.41 per share
Book Value
$22.70 per share

Miscellaneous

Free Float
117,908,000
Market Cap
$5.83 billion
Optionable
Optionable
Beta
1.33














Skechers U.S.A. Frequently Asked Questions

Should I buy or sell Skechers U.S.A. stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Skechers U.S.A. in the last year. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Skechers U.S.A. stock.
View analyst ratings for Skechers U.S.A.
or view top-rated stocks.

What is Skechers U.S.A.'s stock price forecast for 2022?

11 Wall Street research analysts have issued 1-year price targets for Skechers U.S.A.'s shares. Their SKX stock forecasts range from $44.00 to $71.00. On average, they anticipate Skechers U.S.A.'s stock price to reach $58.00 in the next twelve months. This suggests a possible upside of 55.2% from the stock's current price.
View analysts' price targets for Skechers U.S.A.
or view top-rated stocks among Wall Street analysts.

How has Skechers U.S.A.'s stock price performed in 2022?

Skechers U.S.A.'s stock was trading at $43.40 on January 1st, 2022. Since then, SKX shares have decreased by 13.9% and is now trading at $37.38.
View the best growth stocks for 2022 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 20th 2022.
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 earnings results on Tuesday, April, 26th. The textile maker reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.05. The textile maker earned $1.82 billion during the quarter, compared to analyst estimates of $1.69 billion. Skechers U.S.A. had a trailing twelve-month return on equity of 12.94% and a net margin of 11.45%. During the same quarter last year, the firm earned $0.63 earnings per share.
View Skechers U.S.A.'s earnings history
.

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

Shares of Skechers U.S.A. split on Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly created 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 FY22 earnings guidance on Tuesday, April, 26th. The company provided earnings per share (EPS) guidance of $2.75 to $2.95 for the period, compared to the consensus EPS estimate of $2.91. The company issued revenue guidance of $7.2 billion to $7.4 billion, compared to the consensus revenue estimate of $7.13 billion.

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

Skechers U.S.A.'s management team includes the following people:

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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.84%), BlackRock Inc. (7.25%), Massachusetts Financial Services Co. MA (4.79%), Pzena Investment Management LLC (4.42%), State Street Corp (3.04%) and Theleme Partners LLP (1.49%). 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, Thomas Walsh and Vivek Jetley.
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 Vaughan Nelson Investment Management L.P., Bank of New York Mellon Corp, BlackRock Inc., Rheos Capital Works Inc., Portolan Capital Management LLC, Royce & Associates LP, Natixis Advisors L.P., and Vanguard Group Inc.. Company insiders that have sold Skechers U.S.A. company stock in the last two years include David Weinberg, Jeffrey Greenberg, Mark A Nason, Michael Greenberg, Morton D Erlich, Phillip Paccione, Richard Siskind, Robert Greenberg, Thomas Walsh, and Vivek Jetley.
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 purchased by a variety of institutional investors in the last quarter, including Theleme Partners LLP, Pzena Investment Management LLC, Massachusetts Financial Services Co. MA, Fuller & Thaler Asset Management Inc., Letko Brosseau & Associates Inc., Dimensional Fund Advisors LP, Bank of Nova Scotia, and PEAK6 Investments LLC.
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 $37.38.

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

Skechers U.S.A. (NYSE:SKX) has a market capitalization of $5.83 billion and generates $6.29 billion in revenue each year. The textile maker earns $741.50 million in net income (profit) each year or $4.869990 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.

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 official website for Skechers U.S.A. is www.skechers.com. The textile maker can be reached via phone at (310) 318-3100, via email at [email protected], or via fax at 310-318-5019.

This page (NYSE:SKX) was last updated on 6/29/2022 by MarketBeat.com Staff

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