Top-Rated StocksTop-RatedNYSE:SKX Skechers U.S.A. (SKX) Stock Price, News & Analysis $64.73 +1.02 (+1.60%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$63.46▼$65.9350-Day Range$63.43▼$74.5052-Week Range$45.58▼$75.09Volume4.60 million shsAverage Volume1.78 million shsMarket Capitalization$9.87 billionP/E Ratio17.03Dividend YieldN/APrice Target$76.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Skechers U.S.A. alerts: Email Address Skechers U.S.A. MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside17.5% Upside$76.08 Price TargetShort InterestHealthy2.37% of Float Sold ShortDividend StrengthN/ASustainability-3.68Upright™ Environmental ScoreNews Sentiment0.47Based on 33 Articles This WeekInsider TradingSelling Shares$29,377 Sold Last QuarterProj. Earnings Growth16.30%From $4.11 to $4.78 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.80 out of 5 starsConsumer Discretionary Sector17th out of 279 stocksFootwear, Except Rubber Industry1st out of 6 stocks 3.5 Analyst's Opinion Consensus RatingSkechers U.S.A. has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 13 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSkechers U.S.A. has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Skechers U.S.A.'s stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.37% 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 1.6, 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 14.34%, 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 1.9 News and Social Media Coverage News SentimentSkechers U.S.A. has a news sentiment score of 0.47. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 33 news articles for Skechers U.S.A. this week, compared to 8 articles on an average week.Search InterestOnly 7 people have searched for SKX on MarketBeat in the last 30 days. This is a decrease of -30% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Skechers U.S.A. to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% 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 $29,377.00 in company stock.Percentage Held by Insiders24.75% 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 Institutions79.96% 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.Read more about Skechers U.S.A.'s insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Skechers U.S.A. are expected to grow by 16.30% in the coming year, from $4.11 to $4.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Skechers U.S.A. is 17.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Skechers U.S.A. is 17.03, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.11.Price to Earnings Growth RatioSkechers U.S.A. has a PEG Ratio of 0.91. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSkechers U.S.A. has a P/B Ratio of 2.25. 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 Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Skechers U.S.A. Stock (NYSE:SKX)Skechers U.S.A., 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. In addition, the company provides men's and women's slip-resistant and safety-toe casuals, and boots for protective footwear in their work environments. It sells its products through department stores, family shoe stores, specialty running and sporting goods retailers, and big box club stores; franchisee and licensee third-party store operators; company-owned retail stores; digital commerce sites and mobile applications; and concept, factory outlet, and big box stores. The company licenses its Skechers brand. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.Read More SKX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SKX Stock News HeadlinesJuly 26 at 8:39 AM | marketbeat.comSkechers Stock Shows Strength Among Consumer Discretionary Sector (SKX)Skechers is looking to stand out in the middle of a bearish selloff in footwear and apparel names like Nike and Lululemon, analysts call for double-digit upsideJuly 25 at 11:08 PM | finance.yahoo.comSkechers Announces Second Quarter 2024 Financial Results and Board Authorized $1 Billion Share Repurchase ProgramJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 25 at 11:08 PM | msn.comSkechers shares rise on $1 billion buyback, more upbeat outlookJuly 25 at 11:08 PM | msn.comSkechers Q2 profit beats expectations, lifts FY24 outlook above street viewJuly 25 at 11:08 PM | msn.comSkechers Reports Q2 Results: Here's The DetailsJuly 25 at 11:08 PM | markets.businessinsider.comSKX Stock Earnings: Skechers USA Misses EPS, Misses Revenue for Q2 2024July 25 at 11:08 PM | seekingalpha.comSkechers USA, Inc. (SKX) Q2 2024 Earnings Call TranscriptJuly 26, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 25 at 10:16 AM | benzinga.comSkechers Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings CallJuly 25 at 8:23 AM | msn.comMorgan Stanley Upgrades Skechers U.S.A. (SKX)July 23 at 8:13 PM | seekingalpha.comSkechers lands an upgrade from Morgan Stanley just ahead of earningsJuly 23 at 7:12 AM | americanbankingnews.comMorgan Stanley Upgrades Skechers U.S.A. (NYSE:SKX) to OverweightJuly 23 at 6:38 AM | americanbankingnews.comSkechers U.S.A. (NYSE:SKX) Price Target Increased to $79.00 by Analysts at TD CowenJuly 22, 2024 | markets.businessinsider.comBreaking Down Skechers USA: 7 Analysts Share Their ViewsJuly 22, 2024 | markets.businessinsider.comSkechers USA: A Buy Rating on Innovation, Competitive Pricing, and Market Share GainsJuly 21, 2024 | americanbankingnews.comSkechers U.S.A., Inc. (NYSE:SKX) Receives $72.00 Consensus Target Price from BrokeragesJuly 19, 2024 | markets.businessinsider.comBuy Rating Affirmed: Skechers Poised for Growth with Strong Demand and Positive Sales OutlookSee More Headlines 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 Company Calendar Last Earnings7/25/2024Today7/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Footwear, except rubber Sub-IndustryFootwear Current SymbolNYSE:SKX CUSIP83056610 CIK1065837 Webwww.skechers.com Phone(310) 318-3100Fax310-318-5019Employees17,900Year FoundedN/APrice Target and Rating Average Stock Price Target$76.08 High Stock Price Target$87.00 Low Stock Price Target$59.00 Potential Upside/Downside+17.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$3.80 Trailing P/E Ratio17.03 Forward P/E Ratio15.75 P/E Growth0.91Net Income$545.80 million Net Margins7.17% Pretax Margin10.47% Return on Equity13.56% Return on Assets8.03% Debt Debt-to-Equity Ratio0.02 Current Ratio2.39 Quick Ratio1.56 Sales & Book Value Annual Sales$8.00 billion Price / Sales1.23 Cash Flow$4.81 per share Price / Cash Flow13.46 Book Value$28.75 per share Price / Book2.25Miscellaneous Outstanding Shares152,520,000Free Float114,769,000Market Cap$9.87 billion OptionableOptionable Beta1.25 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Robert Y. Greenberg (Age 84)Co-Founder, Chairman of the Board & CEO Comp: $11.5MMr. Michael Greenberg (Age 61)Co-Founder, President & Director Comp: $7.81MMr. John M. Vandemore (Age 50)Chief Financial Officer Comp: $2.43MMr. David Weinberg (Age 73)Executive VP, COO & Director Comp: $5.63MMr. Mark Nason (Age 62)Executive Vice President of Product Development Comp: $3.33MMr. Philip G. Paccione (Age 62)Executive VP of Business Affairs, General Counsel & Corporate Secretary Comp: $1.07MMr. Pete CalichmanSenior Vice President of Domestic SalesMore ExecutivesKey CompetitorsDeckers OutdoorNYSE:DECKCrocsNASDAQ:CROXSteven MaddenNASDAQ:SHOOWolverine World WideNYSE:WWWNIKENYSE:NKEView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 23,647 shares on 7/26/2024Ownership: 0.997%Allspring Global Investments Holdings LLCBought 3,333 shares on 7/26/2024Ownership: 0.025%State of Michigan Retirement SystemSold 900 shares on 7/26/2024Ownership: 0.021%Louisiana State Employees Retirement SystemSold 1,000 shares on 7/24/2024Ownership: 0.025%Lebenthal Global Advisors LLCBought 987 shares on 7/24/2024Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions SKX Stock Analysis - Frequently Asked Questions How have SKX shares performed this year? Skechers U.S.A.'s stock was trading at $62.34 on January 1st, 2024. Since then, SKX stock has increased by 3.8% and is now trading at $64.73. View the best growth stocks for 2024 here. How were Skechers U.S.A.'s earnings last quarter? Skechers U.S.A., Inc. (NYSE:SKX) issued its quarterly earnings data on Thursday, July, 25th. The textile maker reported $0.91 earnings per share for the quarter, missing analysts' consensus estimates of $0.94 by $0.03. The company's revenue for the quarter was up 7.3% on a year-over-year basis. 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 created shares were distributed 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 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. Who are Skechers U.S.A.'s major shareholders? Skechers U.S.A.'s top institutional shareholders include Bank of New York Mellon Corp (1.00%), Coronation Fund Managers Ltd. (0.32%), Vaughan Nelson Investment Management L.P. (0.24%) and Assenagon Asset Management S.A. (0.13%). Insiders that own company stock include Richard Siskind, Robert Greenberg, Michael Greenberg, David Weinberg, John M Vandemore, Phillip Paccione, Katherine J Blair, Thomas Walsh, Mark A Nason and Jeffrey Greenberg. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Skechers U.S.A. own? Based on aggregate information from My MarketBeat watchlists, some other companies that Skechers U.S.A. investors own include Akorn (AKRX), Integrated Device Technology (IDTI), Bank of America (BAC), NVIDIA (NVDA), Alibaba Group (BABA) and Micron Technology (MU). This page (NYSE:SKX) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. 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