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Skechers USA Stock Price, News & Analysis (NYSE:SKX)

$38.00
+0.50 (+1.33 %)
(As of 10/23/2019 01:06 AM ET)
Today's Range
$37.27
Now: $38.00
$38.33
50-Day Range
$31.09
MA: $35.93
$38.06
52-Week Range
$21.45
Now: $38.00
$40.50
Volume3.00 million shs
Average Volume2.26 million shs
Market Capitalization$5.96 billion
P/E Ratio19.79
Dividend YieldN/A
Beta0.8
Skechers U.SA, 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. Read More…

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$4.64 billion
Cash Flow$2.73 per share
Book Value$14.26 per share

Profitability

Net Income$301.04 million

Miscellaneous

Employees12,600
Market Cap$5.96 billion
Next Earnings DateN/A
OptionableOptionable

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Skechers USA (NYSE:SKX) Frequently Asked Questions

What is Skechers USA's stock symbol?

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

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

Shares of Skechers USA 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 payable 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.

How will Skechers USA's stock buyback program work?

Skechers USA announced that its Board of Directors has authorized a share repurchase program on Friday, February 9th 2018, which authorizes the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.

How were Skechers USA's earnings last quarter?

Skechers USA Inc (NYSE:SKX) released its earnings results on Thursday, October, 18th. The textile maker reported $0.58 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.51 by $0.07. The textile maker had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.22 billion. Skechers USA had a return on equity of 14.59% and a net margin of 6.72%. Skechers USA's revenue was up 7.5% on a year-over-year basis. During the same period last year, the business earned $0.59 earnings per share. View Skechers USA's Earnings History.

When is Skechers USA's next earnings date?

Skechers USA is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Skechers USA.

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

Skechers USA issued an update on its fourth quarter earnings guidance on Tuesday, October, 22nd. The company provided earnings per share (EPS) guidance of $0.35-0.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.39. The company issued revenue guidance of $1.225-1.250 billion, compared to the consensus revenue estimate of $1.22 billion.

What price target have analysts set for SKX?

13 equities research analysts have issued 1 year price targets for Skechers USA's stock. Their predictions range from $29.00 to $50.00. On average, they anticipate Skechers USA's stock price to reach $40.11 in the next twelve months. This suggests a possible upside of 5.6% from the stock's current price. View Analyst Price Targets for Skechers USA.

What is the consensus analysts' recommendation for Skechers USA?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skechers USA in the last year. There are currently 1 sell rating, 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Skechers USA.

Has Skechers USA been receiving favorable news coverage?

News stories about SKX stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing 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 -1.7 on InfoTrie's scale. They also assigned headlines about the textile maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Skechers USA.

Are investors shorting Skechers USA?

Skechers USA saw a drop in short interest in the month of September. As of September 15th, there was short interest totalling 8,000,000 shares, a drop of 12.1% from the August 15th total of 9,100,000 shares. Based on an average daily trading volume, of 2,400,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 6.1% of the shares of the stock 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 folowing 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)

Who are Skechers USA's major shareholders?

Skechers USA's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bowling Portfolio Management LLC (0.05%), Pacer Advisors Inc. (0.03%), State of Michigan Retirement System (0.02%), State of Alaska Department of Revenue (0.02%), Cim LLC (0.01%) and Envestnet Asset Management Inc. (0.01%). Company insiders that own Skechers USA stock include David Weinberg, Jeffrey Greenberg, Mark A Nason, Michael Greenberg, Morton D Erlich, Phillip Paccione, Richard Rappaport, Richard Siskind, Robert Greenberg and Thomas Walsh. View Institutional Ownership Trends for Skechers USA.

Which institutional investors are selling Skechers USA stock?

SKX stock was sold by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Fox Run Management L.L.C., State of Michigan Retirement System, Strs Ohio and Crossmark Global Holdings Inc.. Company insiders that have sold Skechers USA company stock in the last year include David Weinberg, Jeffrey Greenberg, Mark A Nason, Michael Greenberg, Phillip Paccione, Richard Rappaport, Richard Siskind, Robert Greenberg and Thomas Walsh. View Insider Buying and Selling for Skechers USA.

Which institutional investors are buying Skechers USA stock?

SKX stock was acquired by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Legacy Bridge LLC, Envestnet Asset Management Inc., State of Alaska Department of Revenue, Campbell & CO Investment Adviser LLC, Virginia Retirement Systems ET AL, Cerebellum GP LLC and Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for Skechers USA.

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 $38.00.

How big of a company is Skechers USA?

Skechers USA has a market capitalization of $5.96 billion and generates $4.64 billion in revenue each year. The textile maker earns $301.04 million in net income (profit) each year or $1.92 on an earnings per share basis. Skechers USA employs 12,600 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:  718 (Vote Outperform)
Underperform Votes:  546 (Vote Underperform)
Total Votes:  1,264
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 10/23/2019 by MarketBeat.com Staff

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