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Sell every Stock except ONE (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Sell every Stock except ONE (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Sell every Stock except ONE (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Sell every Stock except ONE (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
NYSE:SKX

Skechers U.S.A. - SKX Stock Forecast, Price & News

$31.72
-2.38 (-6.98%)
(As of 09/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$31.28
$33.04
50-Day Range
$31.72
$41.54
52-Week Range
$31.28
$50.81
Volume
3.72 million shs
Average Volume
1.35 million shs
Market Capitalization
$4.95 billion
P/E Ratio
6.94
Dividend Yield
N/A
Price Target
$51.89

Skechers U.S.A. MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
63.6% Upside
$51.89 Price Target
Short Interest
Healthy
3.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.68
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$618,407 Sold Last Quarter
Proj. Earnings Growth
25.76%
From $2.64 to $3.32 Per Share

Overall MarketRank

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

2.75 out of 5 stars

Consumer Discretionary Sector

61st out of 281 stocks

Footwear, Except Rubber Industry

3rd out of 5 stocks

SKX stock logo

About Skechers U.S.A. (NYSE:SKX) Stock

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women worldwide. The company operates through three segments: Domestic Wholesale, International 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, Mark Nason, and BOBS brands; sneakers, casuals, boots, and sandals for boys and girls under the Skechers Mega-Craft, S-Lights, SKECH-AIR, Foamies, Twinkle Toes, Z-Strap, 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. 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. As of December 31, 2021, it operated 4,306 company and third party owned Skechers stores. The company sells its products through department and specialty stores, athletic and independent retailers, boutiques, and online retailers; and through its e-commerce sites, concept stores, and factory and warehouse outlet stores. It also licenses its Skechers brand. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.

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SKX Stock News Headlines

RSI Alert: Skechers USA (SKX) Now Oversold
Frank Leboeuf Joins Team Skechers
Skechers: Undervalued Stock To Consider In Your Portfolio
Skechers U.S.A (NYSE:SKX) Seems To Use Debt Quite Sensibly
Skechers Signs Myleene Klass
Skechers USA Inc
SKX Crosses Above Key Moving Average Level
SKX September 30th Options Begin Trading
See More Headlines
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SKX Company Calendar

Last Earnings
7/26/2022
Today
10/02/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Footwear
CUSIP
83056610
Employees
11,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$51.89
High Stock Price Forecast
$71.00
Low Stock Price Forecast
$39.00
Forecasted Upside/Downside
+63.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
10 Analysts

Profitability

Net Income
$741.50 million
Pretax Margin
7.67%

Debt

Sales & Book Value

Annual Sales
$6.29 billion
Cash Flow
$3.27 per share
Book Value
$22.70 per share

Miscellaneous

Free Float
117,908,000
Market Cap
$4.95 billion
Optionable
Optionable
Beta
1.28

Key Executives

  • Mr. Robert Y. GreenbergMr. Robert Y. Greenberg (Age 82)
    Co-Founder, Chairman & CEO
    Comp: $16.58M
  • Mr. Michael  GreenbergMr. Michael Greenberg (Age 59)
    Co-Founder, Pres & Director
    Comp: $10.32M
  • Mr. John M. Vandemore (Age 48)
    Chief Financial Officer
    Comp: $2.69M
  • Mr. David  WeinbergMr. David Weinberg (Age 71)
    Exec. VP, COO & Director
    Comp: $7.24M
  • Mr. Mark Nason (Age 60)
    Exec. VP of Product Devel.
    Comp: $4.47M
  • Mr. Philip G. PaccioneMr. Philip G. Paccione (Age 60)
    Exec. VP of Bus. Affairs, Gen. Counsel & Corp. Sec.













SKX Stock - Frequently Asked Questions

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

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Skechers U.S.A. in the last twelve months. There are currently 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SKX shares.
View SKX analyst ratings
or view top-rated stocks.

What is Skechers U.S.A.'s stock price forecast for 2022?

10 equities research analysts have issued 12 month target prices for Skechers U.S.A.'s stock. Their SKX share price forecasts range from $39.00 to $71.00. On average, they anticipate the company's stock price to reach $51.89 in the next year. This suggests a possible upside of 63.6% 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 2022?

Skechers U.S.A.'s stock was trading at $43.40 at the beginning of 2022. Since then, SKX shares have decreased by 26.9% and is now trading at $31.72.
View the best growth stocks for 2022 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our SKX earnings forecast
.

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

Skechers U.S.A., Inc. (NYSE:SKX) announced its quarterly earnings results on Tuesday, July, 26th. The textile maker reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.54 by $0.04. The textile maker earned $1.87 billion during the quarter, compared to analyst estimates of $1.77 billion. Skechers U.S.A. had a net margin of 10.41% and a trailing twelve-month return on equity of 10.96%.

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

Shares of Skechers U.S.A. 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 market closes 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. updated its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $2.60-$2.70 for the period, compared to the consensus earnings per share estimate of $2.89. The company issued revenue guidance of $7.20 billion-$7.40 billion, compared to the consensus revenue estimate of $7.34 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).

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."

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.

What is Skechers U.S.A.'s stock price today?

One share of SKX stock can currently be purchased for approximately $31.72.

How much money does Skechers U.S.A. make?

Skechers U.S.A. (NYSE:SKX) has a market capitalization of $4.95 billion and generates $6.29 billion in revenue each year. The textile maker earns $741.50 million in net income (profit) each year or $4.57 on an earnings per share basis.

How many employees does Skechers U.S.A. have?

The company employs 11,700 workers across the globe.

How can I contact Skechers U.S.A.?

Skechers U.S.A.'s mailing address is 228 Manhattan Beach Boulevard, Manhattan Beach CA, 90266. The official website for the company is www.skechers.com. The textile maker can be reached via phone at (310) 318-3100, via email at investors@skechers.com, or via fax at 310-318-5019.

This page (NYSE:SKX) was last updated on 10/2/2022 by MarketBeat.com Staff

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