Top-Rated Stocks NYSE:SKX Skechers U.S.A. - SKX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Skechers U.S.A., Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $44.91 +0.45 (+1.01%) (As of 03/24/2023 06:40 PM ET) Add Compare Share Share Today's Range$43.67▼$45.0550-Day Range$41.66▼$49.2252-Week Range$31.28▼$49.56Volume1.46 million shsAverage Volume1.77 million shsMarket Capitalization$6.97 billionP/E Ratio18.87Dividend YieldN/APrice Target$53.83 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Skechers U.S.A. MarketRank™ ForecastAnalyst RatingModerate Buy2.82 Rating ScoreUpside/Downside19.9% Upside$53.83 Price TargetShort InterestHealthy2.71% of Float Sold ShortDividend StrengthN/ASustainability-3.68Upright™ Environmental ScoreNews Sentiment1.36Based on 6 Articles This WeekInsider TradingSelling Shares$4.35 M Sold Last QuarterProj. Earnings Growth24.49%From $2.94 to $3.66 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.82 out of 5 starsConsumer Discretionary Sector33rd out of 261 stocksFootwear, Except Rubber Industry1st out of 5 stocks 3.4 Analyst's Opinion Consensus RatingSkechers U.S.A. has received a consensus rating of Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $53.83, Skechers U.S.A. has a forecasted upside of 19.9% from its current price of $44.91.Amount of Analyst CoverageSkechers U.S.A. has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.71% of the float of Skechers U.S.A. has been sold short.Short Interest Ratio / Days to CoverSkechers U.S.A. has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Skechers U.S.A. has recently decreased by 1.38%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldSkechers U.S.A. does not currently pay a dividend.Dividend GrowthSkechers U.S.A. does not have a long track record of dividend growth. Previous Next 1.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSkechers U.S.A. has received a -34.10% net impact score from Upright. The largest negative impact of Skechers Usa in category "GHG emissions" seems to be driven mostly by its "Online retail of clothing for babies and children", "Bras", "Men's boxers and briefs", "Women's panties", "Socks", and "Shirts" products. See details.Environmental SustainabilityThe Environmental Impact score for Skechers U.S.A. is -3.68. Previous Next 3.5 News and Social Media Coverage News SentimentSkechers U.S.A. has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Skechers U.S.A. this week, compared to 4 articles on an average week.Search InterestOnly 26 people have searched for SKX on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.MarketBeat Follows8 people have added Skechers U.S.A. to their MarketBeat watchlist in the last 30 days. This is an increase of 14% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Skechers U.S.A. insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,348,160.00 in company stock.Percentage Held by Insiders24.44% of the stock of Skechers U.S.A. is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions93.29% of the stock of Skechers U.S.A. is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Skechers U.S.A. are expected to grow by 24.49% in the coming year, from $2.94 to $3.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Skechers U.S.A. is 18.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Skechers U.S.A. is 18.87, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 11.97.Price to Book Value per Share RatioSkechers U.S.A. has a P/B Ratio of 1.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Skechers U.S.A. (NYSE:SKX) StockSkechers U.S.A., Inc. engages in designing, development, and marketing of lifestyle footwear for men, women, and children of all ages. It operates through the Wholesale and Direct-to-Consumer segment. The Wholesale segment includes department stores, family shoe stores, specialty running, and sporting goods retailers. The Direct-to-Consumer segment is involved in selling directly to consumers through a combination of channels. The company was founded by Robert Greenberg and Michael Greenberg in 1992 and is headquartered in Manhattan Beach, CA.Read More Receive SKX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Skechers U.S.A. and its competitors with MarketBeat's FREE daily newsletter. Email Address SKX Stock News HeadlinesMarch 20, 2023 | marketbeat.comFoot Locker: Slow And Steady Wins The Race (SKX)Footlocker moves up on solid results and plans to reset the business. Earnings will be tepid in 2023 but growth should resume in 2024.March 26, 2023 | thestreet.comSkechers USA Stock Hits New 52-Week Low (SKX)March 27, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 24, 2023 | seekingalpha.comSkechers: Good Growth Prospects At An Attractive ValuationMarch 20, 2023 | finance.yahoo.comWhen Should You Buy Skechers U.S.A., Inc. (NYSE:SKX)?March 17, 2023 | finance.yahoo.comWhat Makes Skechers U.S.A. (SKX) a Good Long-Term investment?March 16, 2023 | nasdaq.comSkechers USA is Now Oversold (SKX)March 15, 2023 | finance.yahoo.comAshley Park Brings Song and Dance to SkechersMarch 27, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 7, 2023 | finance.yahoo.comSkechers (SKX) Omni-Channel & Other Efforts Appear GoodMarch 7, 2023 | finance.yahoo.comDeckers (DECK) Thrives on Strong Direct-to-Consumer BusinessMarch 3, 2023 | benzinga.comSkechers USA Chief Operating Officer Sold $569K In Company StockMarch 2, 2023 | finance.yahoo.comSkechers U.S.A., Inc. (NYSE:SKX) insider upped their holding by 28% earlier this yearFebruary 28, 2023 | finance.yahoo.comSkechers to Present at the Raymond James 44th Annual Institutional Investors Conference on March 7thFebruary 24, 2023 | finance.yahoo.comSteven Madden (SHOO) Q4 Earnings In Line, Revenues Down Y/YFebruary 23, 2023 | finance.yahoo.comSkechers Launches Fashion Collaboration With Diane von FurstenbergFebruary 15, 2023 | finance.yahoo.comSkechers Signs Nuria RocaFebruary 14, 2023 | finance.yahoo.comPetco Love and BOBS from Skechers™ Celebrate Pet Love Stories for Valentine's DayFebruary 13, 2023 | finance.yahoo.comSkechers Named Company of the Year by Footwear PlusFebruary 10, 2023 | thestreet.comSkechers (SKX) Stock Plummeting in After-Hours Trading as Earnings MissFebruary 8, 2023 | finance.yahoo.comSnoop Dogg Brings His Crew to the Big Game in Skechers Slip-ins CampaignFebruary 3, 2023 | finance.yahoo.comSkechers U.S.A., Inc. (NYSE:SKX) Q4 2022 Earnings Call TranscriptFebruary 2, 2023 | msn.comSkechers U.S.A. stock dips after full-year outlook trails estimatesFebruary 2, 2023 | finance.yahoo.comHanesbrands (HBI) Q4 Earnings Miss Estimates, Sales Fall Y/YFebruary 2, 2023 | finance.yahoo.comSkechers Announces Record Fourth Quarter Sales and Full Year 2022 Financial ResultsFebruary 2, 2023 | finance.yahoo.comSkechers stock drops after profit warningJanuary 25, 2023 | finance.yahoo.com3 Top Retail Stocks Under Accumulation in 2023See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive SKX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Skechers U.S.A. and its competitors with MarketBeat's FREE daily newsletter. Email Address SKX Company Calendar Last Earnings2/02/2023Today3/27/2023Next Earnings (Estimated)4/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Footwear, except rubber Sub-IndustryFootwear SectorConsumer Discretionary Current SymbolNYSE:SKX CUSIP83056610 CIK1065837 Webwww.skechers.com Phone(310) 318-3100Fax310-318-5019Employees15,100Year FoundedN/APrice Target and Rating Average Stock Price Forecast$53.83 High Stock Price Forecast$71.00 Low Stock Price Forecast$37.00 Forecasted Upside/Downside+19.9%Consensus RatingModerate Buy Rating Score (0-4)2.82 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.38 Trailing P/E Ratio18.87 Forward P/E Ratio15.28 P/E GrowthN/ANet Income$373.03 million Net Margins5.01% Pretax Margin7.02% Return on Equity9.94% Return on Assets5.57% Debt Debt-to-Equity Ratio0.06 Current Ratio2.26 Quick Ratio1.13 Sales & Book Value Annual Sales$7.44 billion Price / Sales0.94 Cash Flow$3.40 per share Price / Cash Flow13.22 Book Value$24.96 per share Price / Book1.80Miscellaneous Outstanding Shares155,100,000Free Float117,194,000Market Cap$6.97 billion OptionableOptionable Beta1.32 Key ExecutivesRobert GreenbergChairman & Chief Executive OfficerMichael GreenbergPresident & DirectorDavid WeinbergChief Operating Officer, Director & Executive VPJohn M. VandemoreChief Financial & Accounting OfficerBrad WolferSVP & General Merchandise ManagerKey CompetitorsSteven MaddenNASDAQ:SHOOWhirlpoolNYSE:WHRHasbroNASDAQ:HASPlanet FitnessNYSE:PLNTCrocsNASDAQ:CROXView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 2,142 shares on 3/23/2023Ownership: 0.055%Rockefeller Capital Management L.P.Sold 6,780 shares on 3/6/2023Ownership: 0.021%Mark A NasonSold 1,093 sharesTotal: $49,316.16 ($45.12/share)Michael GreenbergSold 15,756 sharesTotal: $711,540.96 ($45.16/share)David WeinbergSold 12,604 sharesTotal: $569,196.64 ($45.16/share)View All Insider TransactionsView All Institutional Transactions SKX Stock - Frequently Asked Questions Should I buy or sell Skechers U.S.A. stock right now? 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Skechers U.S.A. in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street 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 2023? 11 analysts have issued twelve-month price targets for Skechers U.S.A.'s shares. Their SKX share price forecasts range from $37.00 to $71.00. On average, they anticipate the company's stock price to reach $53.83 in the next year. This suggests a possible upside of 19.9% 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 7.1% and is now trading at $44.91. View the best growth stocks for 2023 here. Are investors shorting Skechers U.S.A.? Skechers U.S.A. saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 3,630,000 shares, an increase of 42.4% from the January 31st total of 2,550,000 shares. Based on an average daily volume of 1,640,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 2.8% of the company's stock are short sold. View Skechers U.S.A.'s Short Interest. When is Skechers U.S.A.'s next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023. 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 Thursday, February, 2nd. The textile maker reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.10. The textile maker earned $1.88 billion during the quarter, compared to the consensus estimate of $1.77 billion. Skechers U.S.A. had a net margin of 5.01% and a trailing twelve-month return on equity of 9.94%. The firm's quarterly revenue was up 13.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 EPS. What ETFs hold Skechers U.S.A.'s stock? ETFs with the largest weight of Skechers U.S.A. (NYSE:SKX) stock in their portfolio include Global X Health & Wellness ETF (BFIT), WisdomTree U.S. Growth & Momentum Fund (WGRO), First Trust Consumer Discretionary AlphaDEX Fund (FXD), Global X Founder-Run Companies ETF (BOSS), Invesco S&P MidCap 400 Pure Value ETF (RFV), First Trust Mid Cap Value AlphaDEX Fund (FNK), SPDR S&P 400 Mid Cap Value ETF (MDYV) and Vanguard S&P Mid-Cap 400 Value ETF (IVOV). When did Skechers U.S.A.'s stock split? Shares of Skechers U.S.A. split on the morning of 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 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 FY23 earnings guidance on Thursday, February, 2nd. The company provided earnings per share (EPS) guidance of $2.80-$3.00 for the period, compared to the consensus estimate of $3.09. The company issued revenue guidance of $7.75-$8.00 billion, compared to the consensus revenue estimate of $8.06 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." Who are Skechers U.S.A.'s major shareholders? Skechers U.S.A.'s stock is owned by a variety of retail and institutional investors. Top institutional investors include Pzena Investment Management LLC (4.85%), ArrowMark Colorado Holdings LLC (2.79%), Marshall Wace LLP (2.57%), Dimensional Fund Advisors LP (2.34%), Fiduciary Management Inc. WI (1.90%) and T. Rowe Price Investment Management Inc. (1.67%). 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. What is Skechers U.S.A.'s stock price today? One share of SKX stock can currently be purchased for approximately $44.91. How much money does Skechers U.S.A. make? Skechers U.S.A. (NYSE:SKX) has a market capitalization of $6.97 billion and generates $7.44 billion in revenue each year. The textile maker earns $373.03 million in net income (profit) each year or $2.38 on an earnings per share basis. How many employees does Skechers U.S.A. have? The company employs 15,100 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 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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