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NYSE:SKX - Skechers USA Stock Price, Forecast & News

$23.74
-0.80 (-3.26 %)
(As of 04/1/2020 05:19 AM ET)
Today's Range
$23.45
Now: $23.74
$24.76
50-Day Range
$20.61
MA: $30.63
$39.51
52-Week Range
$17.06
Now: $23.74
$44.50
Volume1.76 million shs
Average Volume2.30 million shs
Market Capitalization$3.72 billion
P/E Ratio10.50
Dividend YieldN/A
Beta0.88
Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers GO brand worldwide. It operates through three segments: Domestic Wholesale Sales, International Wholesale Sales, and Retail Sales. The company offers casual boots, shoes, and sandals for men; shoes, oxfords and slip-ons, lug outsole and fashion boots, and casual sandals for women; dress casuals, seasonal sandals and boots, classic and wide fit, and relaxed fit casuals for men and women; and casual athletic line for men and women under the Skechers USA brand. It also provides lightweight sport athletic lifestyle products, classic athletic-inspired styles, and sport sandals and boots under the Skechers Sport brand name; casual and sport styles sneakers, and sandals under the Skechers Active and Skechers Sport Active brand; and sneakers under Skecher Street brand for millennials, Gen Y's, and young women. In addition, the company offers classic espadrille, and vulcanized and sport footwear under the BOBS from Skechers name; dress, casual, and active styles, as well as boots and accessories for men under the Mark Nason name; technical footwear under the Skechers Performance brand for men and women, as well as under the YOU by Skechers name for women; and boots, shoes, high-tops, sneakers, and sandals for infants, toddlers, boys, and girls under the Skechers Kids name. Further, it provides men's and women's casuals, such as field boots, hikers, and athletic shoes under the Skechers Work name. The company sells its products through department and specialty stores, athletic and independent retailers, boutiques, and Internet retailers, as well as through its e-commerce Websites and own retail stores. As of February 27, 2019, it owned and operated approximately 3,000 company-owned and third-party-owned retail stores. Skechers U.S.A., Inc. was founded in 1992 and is headquartered in Manhattan Beach, California.
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Skechers USA logo

Industry, Sector and Symbol

Industry Footwear, except rubber
Sub-IndustryFootwear
SectorConsumer Discretionary
CUSIP83056610
Phone310-318-3100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.22 billion
Cash Flow$2.86 per share
Book Value$16.52 per share

Profitability

Net Income$346.56 million

Miscellaneous

Employees13,100
Market Cap$3.72 billion
Next Earnings Date4/16/2020 (Estimated)
OptionableOptionable

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Skechers USA (NYSE:SKX) Frequently Asked Questions

How has Skechers USA's stock been impacted by COVID-19 (Coronavirus)?

Skechers USA's stock was trading at $27.91 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SKX stock has decreased by 14.9% and is now trading at $23.74. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Skechers USA?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skechers USA in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Skechers USA.

When is Skechers USA's next earnings date?

Skechers USA is scheduled to release its next quarterly earnings announcement on Thursday, April 16th 2020. View our earnings forecast for Skechers USA.

How were Skechers USA's earnings last quarter?

Skechers USA Inc (NYSE:SKX) announced its earnings results on Thursday, February, 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.39. The textile maker had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.24 billion. Skechers USA had a net margin of 6.64% and a return on equity of 14.82%. The business's quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 earnings per share. View Skechers USA's earnings history.

When did Skechers USA's stock split? How did Skechers USA's stock split work?

Skechers USA's stock split before market open on Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly issued shares were distributed to shareholders after the market closes on Thursday, October 15th 2015. An investor that had 100 shares of Skechers USA stock prior to the split would have 300 shares after the split.

What guidance has Skechers USA issued on next quarter's earnings?

Skechers USA updated its first quarter earnings guidance on Thursday, February, 6th. The company provided EPS guidance of $0.70-0.75 for the period, compared to the Thomson Reuters consensus estimate of $0.78. The company issued revenue guidance of $1.40-1.425 billion, compared to the consensus revenue estimate of $1.41 billion.

What price target have analysts set for SKX?

12 Wall Street analysts have issued twelve-month price objectives for Skechers USA's shares. Their forecasts range from $28.00 to $52.00. On average, they expect Skechers USA's stock price to reach $43.73 in the next twelve months. This suggests a possible upside of 84.2% from the stock's current price. View analysts' price targets for Skechers USA.

Has Skechers USA been receiving favorable news coverage?

Media stories about SKX stock have been trending very negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Skechers USA earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the textile maker a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View the latest news aboutSkechers USA.

Are investors shorting Skechers USA?

Skechers USA saw a increase in short interest in February. As of February 28th, there was short interest totaling 4,910,000 shares, an increase of 14.5% from the February 13th total of 4,290,000 shares. Based on an average daily trading volume, of 1,950,000 shares, the short-interest ratio is presently 2.5 days. Currently, 3.7% of the company's shares are short sold. View Skechers USA's Current Options Chain.

Who are some of Skechers USA's key competitors?

Some companies that are related to Skechers USA include Nike (NKE), Deckers Outdoor (DECK), Steven Madden (SHOO), Wolverine World Wide (WWW) and Crocs (CROX).

What other stocks do shareholders of Skechers USA own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Skechers USA investors own include Celgene (CELG), Akorn (AKRX), Integrated Device Technology (IDTI), Bank of America (BAC), NVIDIA (NVDA), Alibaba Group (BABA), Lannett (LCI), Gilead Sciences (GILD), Micron Technology (MU) and Starbucks (SBUX).

Who are Skechers USA's key executives?

Skechers USA's management team includes the following people:
  • Mr. Robert Greenberg, Co-Founder, Chairman & CEO (Age 79)
  • Mr. Michael Greenberg, Co-Founder, Pres & Director (Age 56)
  • Mr. John M. Vandemore, Chief Financial Officer (Age 45)
  • Mr. David Weinberg, Exec. VP, COO & Director (Age 68)
  • Mr. Mark Nason, Exec. VP of Product Devel. (Age 57)

What is Skechers USA's stock symbol?

Skechers USA trades on the New York Stock Exchange (NYSE) under the ticker symbol "SKX."

How do I buy shares of Skechers USA?

Shares of SKX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Skechers USA's stock price today?

One share of SKX stock can currently be purchased for approximately $23.74.

How big of a company is Skechers USA?

Skechers USA has a market capitalization of $3.72 billion and generates $5.22 billion in revenue each year. The textile maker earns $346.56 million in net income (profit) each year or $2.25 on an earnings per share basis. Skechers USA employs 13,100 workers across the globe. View additional information about Skechers USA.

What is Skechers USA's official website?

The official website for Skechers USA is http://www.skechers.com/.

How can I contact Skechers USA?

Skechers USA's mailing address is 228 Manhattan Beach Boulevard, Manhattan Beach CA, 90266. The textile maker can be reached via phone at 310-318-3100 or via email at [email protected]


MarketBeat Community Rating for Skechers USA (NYSE SKX)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  754 (Thanks for Voting!)
Underperform Votes:  579 (Thanks for Voting!)
Total Votes:  1,333
MarketBeat's community ratings are surveys of what our community members think about Skechers USA and other stocks. Vote "Outperform" if you believe SKX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SKX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/1/2020 by MarketBeat.com Staff

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