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NYSE:SKXSkechers USA Stock Price, Forecast & News

$21.64
-0.79 (-3.52 %)
(As of 04/3/2020 04:00 PM ET)
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Today's Range
$21.02
Now: $21.64
$22.53
50-Day Range
$20.61
MA: $29.67
$39.26
52-Week Range
$17.06
Now: $21.64
$44.50
Volume2.33 million shs
Average Volume2.33 million shs
Market Capitalization$3.40 billion
P/E Ratio9.58
Dividend YieldN/A
Beta1.15
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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Beat the Market (BTM) Rank

Analyst Opinion: 4.5Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.40 out of 5 stars


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$2.99 per share
Book Value$16.52 per share

Profitability

Net Income$346.56 million

Miscellaneous

Employees13,100
Market Cap$3.40 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SKX stock has decreased by 22.5% and is now trading at $21.64. 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) posted its earnings results on Thursday, February, 6th. The textile maker reported $0.39 EPS for the quarter, meeting 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 revenue for the quarter was up 23.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.31 EPS. View Skechers USA's earnings history.

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

Skechers USA shares split on Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly issued shares were issued to shareholders after the closing bell 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 earnings per share (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 brokers have issued 1 year price targets for Skechers USA's stock. Their forecasts range from $28.00 to $52.00. On average, they anticipate Skechers USA's stock price to reach $43.73 in the next twelve months. This suggests a possible upside of 102.1% from the stock's current price. View analysts' price targets for Skechers USA.

Has Skechers USA been receiving favorable news coverage?

Media headlines about SKX stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Skechers USA earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned headlines about the textile maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutSkechers USA.

Are investors shorting Skechers USA?

Skechers USA saw a increase in short interest in the month of 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 days-to-cover ratio is presently 2.5 days. Currently, 3.7% of the shares of the company are sold short. 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), Crocs (CROX) and Wolverine World Wide (WWW).

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), Gilead Sciences (GILD), Lannett (LCI), 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 $21.64.

How big of a company is Skechers USA?

Skechers USA has a market capitalization of $3.40 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]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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