NYSE:SKX Skechers U.S.A. (SKX) Stock Forecast, Price & News $52.09 +1.02 (+2.00%) (As of 10:21 AM ET) Add Compare Share Share Today's Range$51.29▼$52.1850-Day Range$44.34▼$54.7452-Week Range$31.28▼$54.77Volume180,488 shsAverage Volume1.81 million shsMarket Capitalization$8.06 billionP/E Ratio19.81Dividend YieldN/APrice Target$56.27 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Skechers U.S.A. MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside8.0% Upside$56.27 Price TargetShort InterestHealthy2.36% of Float Sold ShortDividend StrengthN/ASustainability-3.68Upright™ Environmental ScoreNews Sentiment0.84Based on 9 Articles This WeekInsider TradingSelling Shares$4.81 M Sold Last QuarterProj. Earnings Growth20.38%From $3.14 to $3.78 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.09 out of 5 starsConsumer Discretionary Sector100th out of 278 stocksFootwear, Except Rubber Industry4th out of 5 stocks 1.4 Analyst's Opinion Consensus RatingSkechers U.S.A. has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $56.27, Skechers U.S.A. has a forecasted upside of 8.0% from its current price of $52.09.Amount of Analyst CoverageSkechers U.S.A. has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.36% of the float of Skechers U.S.A. has been sold short.Short Interest Ratio / Days to CoverSkechers U.S.A. has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Skechers U.S.A. has recently increased by 32.07%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldSkechers U.S.A. does not currently pay a dividend.Dividend GrowthSkechers U.S.A. does not have a long track record of dividend growth. Previous Next 1.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSkechers U.S.A. has received a -34.10% net impact score from Upright. The largest negative impact of Skechers Usa in category "GHG emissions" seems to be driven mostly by its "Online retail of clothing for babies and children", "Bras", "Men's boxers and briefs", "Women's panties", "Socks", and "Shirts" products. See details.Environmental SustainabilityThe Environmental Impact score for Skechers U.S.A. is -3.68. Previous Next 3.2 News and Social Media Coverage News SentimentSkechers U.S.A. has a news sentiment score of 0.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Skechers U.S.A. this week, compared to 6 articles on an average week.Search InterestOnly 21 people have searched for SKX on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.MarketBeat Follows7 people have added Skechers U.S.A. to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Skechers U.S.A. insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,806,675.00 in company stock.Percentage Held by Insiders24.44% of the stock of Skechers U.S.A. is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions93.29% of the stock of Skechers U.S.A. is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Skechers U.S.A. are expected to grow by 20.38% in the coming year, from $3.14 to $3.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Skechers U.S.A. is 19.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Skechers U.S.A. is 19.81, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 11.19.Price to Book Value per Share RatioSkechers U.S.A. has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Skechers U.S.A. (NYSE:SKX) StockSkechers U.S.A., Inc. engages in designing, development, and marketing of lifestyle footwear for men, women, and children of all ages. It operates through the Wholesale and Direct-to-Consumer segment. The Wholesale segment includes department stores, family shoe stores, specialty running, and sporting goods retailers. The Direct-to-Consumer segment is involved in selling directly to consumers through a combination of channels. The company was founded by Robert Greenberg and Michael Greenberg in 1992 and is headquartered in Manhattan Beach, CA.Read More Receive SKX Stock 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. Email Address SKX Stock News HeadlinesMay 24, 2023 | marketbeat.comLululemon Stock, Buying Opportunity on Lowered Guidance? (SKX)Athleisure apparel and footwear maker Lululemon Athletica Inc. (NASDAQ: LULU) stock took a rapid (-10%) drop upon updating mixed guidance for its upcoming Q4May 24, 2023 | marketbeat.comIt’s Time To Try On VF Corporation’s 6% Yield (SKX)VF Corporation is not out of the weeds, but the 6% dividend is safe enough for 2024, and earnings growth is expected to return by the end of the year.May 30, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.May 26, 2023 | finance.yahoo.comHyatt (H) Boosts Expansion in Texas With New Hotel OpeningsMay 25, 2023 | finance.yahoo.comSkechers U.S.A's (NYSE:SKX) five-year total shareholder returns outpace the underlying earnings growthMay 25, 2023 | americanbankingnews.comBrokerages Set Skechers U.S.A., Inc. (NYSE:SKX) PT at $56.27May 23, 2023 | finance.yahoo.comHere's Why You Should Consider Investing in Skechers (SKX) NowMay 22, 2023 | finance.yahoo.comOops!…I Forgot That I Paid My Sister Half a Million DollarsMay 30, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 17, 2023 | finance.yahoo.comAfter A 65% YTD Run, Earnings Triple. But This Just Tripped Up The Stock.May 17, 2023 | americanbankingnews.comZacks Research Equities Analysts Cut Earnings Estimates for Skechers U.S.A., Inc. (NYSE:SKX)May 11, 2023 | finance.yahoo.comIs Skechers U.S.A., Inc.'s (NYSE:SKX) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?May 11, 2023 | americanbankingnews.comInsider Selling: Skechers U.S.A., Inc. (NYSE:SKX) Director Sells 3,500 Shares of StockMay 9, 2023 | finance.yahoo.comFIRST EVER NATIONAL DOG PLAYGROUP ROCKSTARS ADOPTION EVENT ON MAY 13thMay 7, 2023 | americanbankingnews.comInsider Selling: Skechers U.S.A., Inc. (NYSE:SKX) Director Sells $1,073,600.00 in StockMay 3, 2023 | msn.comShort Volatility Alert: Skechers Usa IncMay 3, 2023 | finance.yahoo.comSkechers Announces Sponsorship of the Pickleball Canada National ChampionshipMay 3, 2023 | finanznachrichten.deSkechers U.S.A., Inc.: Skechers Promotes Richard Parker to Managing Director for UK & IrelandMay 3, 2023 | finance.yahoo.comSkechers Promotes Richard Parker to Managing Director for UK & IrelandMay 3, 2023 | americanbankingnews.comQ3 2023 EPS Estimates for Skechers U.S.A., Inc. (NYSE:SKX) Decreased by AnalystMay 3, 2023 | americanbankingnews.comSkechers U.S.A. (NYSE:SKX) Stock Rating Upgraded by StockNews.comMay 2, 2023 | finance.yahoo.comAll You Need to Know About Skechers (SKX) Rating Upgrade to BuyMay 2, 2023 | americanbankingnews.comMorgan Stanley Raises Skechers U.S.A. (NYSE:SKX) Price Target to $48.00May 1, 2023 | finance.yahoo.comDoja Cat Battles Doja Cat in First Skechers CampaignMay 1, 2023 | americanbankingnews.comPiper Sandler Boosts Skechers U.S.A. (NYSE:SKX) Price Target to $52.00April 30, 2023 | americanbankingnews.comWedbush Increases Skechers U.S.A. (NYSE:SKX) Price Target to $58.00April 30, 2023 | americanbankingnews.comSkechers U.S.A. (NYSE:SKX) Hits New 1-Year High After Analyst UpgradeSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SKX Stock 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. Email Address SKX Company Calendar Last Earnings4/27/2023Today5/30/2023Next Earnings (Estimated)7/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Footwear, except rubber Sub-IndustryFootwear SectorConsumer Discretionary Current SymbolNYSE:SKX CUSIP83056610 CIK1065837 Webwww.skechers.com Phone(310) 318-3100Fax310-318-5019Employees15,100Year FoundedN/APrice Target and Rating Average Stock Price Forecast$56.27 High Stock Price Forecast$65.00 Low Stock Price Forecast$48.00 Forecasted Upside/Downside+10.2%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$2.63 Trailing P/E Ratio19.42 Forward P/E Ratio16.26 P/E GrowthN/ANet Income$373.03 million Net Margins5.41% Pretax Margin7.68% Return on Equity10.72% Return on Assets6.04% Debt Debt-to-Equity Ratio0.06 Current Ratio2.41 Quick Ratio1.43 Sales & Book Value Annual Sales$7.44 billion Price / Sales1.06 Cash Flow$3.40 per share Price / Cash Flow15.04 Book Value$24.96 per share Price / Book2.05Miscellaneous Outstanding Shares154,730,000Free Float116,917,000Market Cap$7.90 billion OptionableOptionable Beta1.32 Key ExecutivesRobert GreenbergChairman & Chief Executive OfficerMichael GreenbergPresident & DirectorDavid WeinbergChief Operating Officer, Director & Executive VPJohn M. VandemoreChief Financial & Accounting OfficerBrad WolferSVP & General Merchandise ManagerKey CompetitorsSteven MaddenNASDAQ:SHOORokuNASDAQ:ROKUDolby LaboratoriesNYSE:DLBLiberty GlobalNASDAQ:LBTYKLiberty GlobalNASDAQ:LBTYAView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 570 shares on 5/26/2023Ownership: 0.005%Brandywine Global Investment Management LLCSold 4,405 shares on 5/25/2023Ownership: 0.054%Verity Asset Management Inc.Bought 534 shares on 5/24/2023Ownership: 0.009%Ameriprise Financial Inc.Bought 1,007 shares on 5/22/2023Ownership: 0.232%New York State Common Retirement FundBought 3,671 shares on 5/18/2023Ownership: 0.094%View All Insider TransactionsView All Institutional Transactions SKX Stock - Frequently Asked Questions Should I buy or sell Skechers U.S.A. stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skechers U.S.A. in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SKX shares. View SKX analyst ratings or view top-rated stocks. What is Skechers U.S.A.'s stock price forecast for 2023? 10 Wall Street research analysts have issued 1-year target prices for Skechers U.S.A.'s shares. Their SKX share price forecasts range from $48.00 to $65.00. On average, they predict the company's share price to reach $56.27 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price. View analysts price targets for SKX or view top-rated stocks among Wall Street analysts. How have SKX shares performed in 2023? Skechers U.S.A.'s stock was trading at $41.95 at the beginning of 2023. Since then, SKX stock has increased by 21.7% and is now trading at $51.07. View the best growth stocks for 2023 here. Are investors shorting Skechers U.S.A.? Skechers U.S.A. saw a increase in short interest in May. As of May 15th, there was short interest totaling 3,130,000 shares, an increase of 32.1% from the April 30th total of 2,370,000 shares. Based on an average trading volume of 1,740,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 2.4% of the shares of the stock are short sold. View Skechers U.S.A.'s Short Interest. When is Skechers U.S.A.'s next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023. View our SKX earnings forecast. How were Skechers U.S.A.'s earnings last quarter? Skechers U.S.A., Inc. (NYSE:SKX) released its quarterly earnings results on Thursday, April, 27th. The textile maker reported $1.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.61 by $0.41. The textile maker earned $2 billion during the quarter, compared to analysts' expectations of $1.84 billion. Skechers U.S.A. had a trailing twelve-month return on equity of 10.72% and a net margin of 5.41%. What ETFs hold Skechers U.S.A.'s stock? ETFs with the largest weight of Skechers U.S.A. (NYSE:SKX) stock in their portfolio include Global X Health & Wellness ETF (BFIT), Innovator IBD Breakout Opportunities ETF (BOUT), Global X Founder-Run Companies ETF (BOSS), First Trust Consumer Discretionary AlphaDEX Fund (FXD), Qraft AI-Enhanced Next Value ETF (NVQ), First Trust Mid Cap Value AlphaDEX Fund (FNK), Invesco S&P MidCap 400 Pure Value ETF (RFV) and iShares S&P Mid-Cap 400 Value ETF (IJJ). When did Skechers U.S.A.'s stock split? Skechers U.S.A.'s stock split on Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly minted shares were payable to shareholders after the closing bell on Thursday, October 15th 2015. An investor that had 100 shares of 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. updated its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $0.40-$0.50 for the period, compared to the consensus estimate of $0.74. The company issued revenue guidance of $1.85 billion-$1.90 billion, compared to the consensus revenue estimate of $1.98 billion. What is Robert Greenberg's approval rating as Skechers U.S.A.'s CEO? 362 employees have rated Skechers U.S.A. Chief Executive Officer Robert Greenberg on Glassdoor.com. Robert Greenberg has an approval rating of 75% among the company's employees. 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 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 institutional and retail investors. Top institutional investors include FMR LLC (13.01%), BlackRock Inc. (7.39%), Pzena Investment Management LLC (3.99%), State Street Corp (3.07%), ArrowMark Colorado Holdings LLC (2.27%) and Dimensional Fund Advisors LP (2.17%). Insiders that own company stock include David Weinberg, Jeffrey Greenberg, John M Vandemore, Katherine J Blair, Mark A Nason, Michael Greenberg, Morton D Erlich, Phillip Paccione, Richard Siskind, Robert Greenberg, Thomas Walsh and Vivek Jetley. View institutional ownership trends. How do I buy shares of Skechers U.S.A.? Shares of SKX stock 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 $51.07. How much money does Skechers U.S.A. make? Skechers U.S.A. (NYSE:SKX) has a market capitalization of $7.90 billion and generates $7.44 billion in revenue each year. The textile maker earns $373.03 million in net income (profit) each year or $2.63 on an earnings per share basis. How many employees does Skechers U.S.A. have? The company employs 15,100 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 the company is www.skechers.com. The textile maker can be reached via phone at (310) 318-3100, via email at investors@skechers.com, or via fax at 310-318-5019. This page (NYSE:SKX) was last updated on 5/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Skechers U.S.A., Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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