S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
BMW recalls SUVs after Takata air bag inflator blows apart, hurling shrapnel and injuring driver

Skechers U.S.A. Stock Price, News & Analysis (NYSE:SKX)

$59.15
+0.24 (+0.41%)
(As of 12/1/2023 ET)
Compare
Today's Range
$58.17
$59.30
50-Day Range
$46.13
$59.15
52-Week Range
$40.25
$59.30
Volume
2.12 million shs
Average Volume
1.72 million shs
Market Capitalization
$9.11 billion
P/E Ratio
17.35
Dividend Yield
N/A
Price Target
$60.45

Skechers U.S.A. MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
2.2% Upside
$60.45 Price Target
Short Interest
Healthy
3.48% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.68
Upright™ Environmental Score
News Sentiment
0.42mentions of Skechers U.S.A. in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$11.98 M Sold Last Quarter
Proj. Earnings Growth
15.99%
From $3.44 to $3.99 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.54 out of 5 stars

Consumer Discretionary Sector

57th out of 264 stocks

Footwear, Except Rubber Industry

1st out of 5 stocks


SKX stock logo

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 two segments, 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, Foamies, Mark Nason, and BOBS brands; sneakers, casuals, boots, and sandals for boys and girls under the S-Lights, Skech-Air, Foamies, Twinkle Toes, 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, as well as Skechers Viper Court for pickleball. 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. The company 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. It also licenses its Skechers brand. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.

SKX Stock Price History

SKX Stock News Headlines

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Wedbush Increases Skechers U.S.A. (NYSE:SKX) Price Target to $62.00
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Deckers (DECK) Marches Ahead of Its Industry: Here's Why
Marriott (MAR) Boosts Luxury Collection Line-up in Georgia
Skechers To "Vigorously Defend" Nike's Patent Infringement Lawsuit
Snap-on (SNA) Rewards Investors With 14.8% Dividend Hike
Here's Why Skechers (SKX) is a Strong Value Stock
Skechers: Impressive Quarterly Results Make Us Buyers
See More Headlines
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Company Calendar

Last Earnings
10/26/2023
Today
12/03/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/31/2024

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Footwear
CUSIP
83056610
Employees
15,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$60.45
High Stock Price Target
$68.00
Low Stock Price Target
$49.00
Potential Upside/Downside
+2.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

Net Income
$373.03 million
Pretax Margin
9.63%

Debt

Sales & Book Value

Annual Sales
$7.44 billion
Cash Flow
$3.41 per share
Book Value
$27.95 per share

Miscellaneous

Free Float
115,809,000
Market Cap
$9.11 billion
Optionable
Optionable
Beta
1.41
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SKX Stock Analysis - Frequently Asked Questions

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

11 Wall Street 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 analysts is that investors should "moderate buy" SKX shares.
View SKX analyst ratings
or view top-rated stocks.

What is Skechers U.S.A.'s stock price target for 2024?

11 Wall Street analysts have issued twelve-month price targets for Skechers U.S.A.'s shares. Their SKX share price targets range from $49.00 to $68.00. On average, they anticipate the company's share price to reach $60.45 in the next twelve months. This suggests a possible upside of 2.2% 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 start of the year. Since then, SKX shares have increased by 41.0% and is now trading at $59.15.
View the best growth stocks for 2023 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 31st 2024.
View our SKX earnings forecast
.

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

Skechers U.S.A., Inc. (NYSE:SKX) issued its quarterly earnings results on Thursday, October, 26th. The textile maker reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.15. The textile maker had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2.03 billion. Skechers U.S.A. had a trailing twelve-month return on equity of 13.02% and a net margin of 6.75%. The company's revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.55 earnings per share.

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

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 issued 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. issued an update on its fourth quarter earnings guidance on Thursday, October, 26th. The company provided earnings per share (EPS) guidance of $0.40-0.50 for the period, compared to the consensus EPS estimate of $0.63. The company issued revenue guidance of $1.91-2.01 billion, compared to the consensus revenue estimate of $2.09 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).

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

Skechers U.S.A.'s stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (13.02%), Massachusetts Financial Services Co. MA (3.08%), Pzena Investment Management LLC (1.79%), Bank of New York Mellon Corp (1.17%), AQR Capital Management LLC (0.85%) and Charles Schwab Investment Management Inc. (0.81%). 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.

This page (NYSE:SKX) was last updated on 12/3/2023 by MarketBeat.com Staff

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