About Skechers U.S.A.
Skechers 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
- Previous Close: $26.28
- 50 Day Moving Average: $24.79
- 200 Day Moving Average: $23.67
- 52-Week Range: $154,658,000.00 - $18.81
- Trailing P/E Ratio: 16.74
- Foreward P/E Ratio: 13.14
- P/E Growth: 1.49
- Market Cap: $4.06B
- Outstanding Shares: 154,658,000
- Beta: 0.3
- Net Margins: 6.83%
- Return on Equity: 15.10%
- Return on Assets: 10.85%
Companies Related to Skechers U.S.A.:
- Debt-to-Equity Ratio: 0.04%
- Current Ratio: 2.94%
- Quick Ratio: 1.81%
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. shares split before market open on Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly minted 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 equities research analysts have issued twelve-month target prices for Skechers U.S.A.'s stock. Their forecasts range from $1.75 to $45.00. On average, they anticipate Skechers U.S.A.'s share price to reach $26.81 in the next year.
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 acquired 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 $26.28.