S&P 500   3,004.52 (+0.28%)
DOW   26,833.95 (+0.17%)
QQQ   192.22 (+0.19%)
AAPL   243.18 (+1.34%)
FB   186.19 (+2.11%)
MSFT   137.24 (+0.64%)
GOOGL   1,257.63 (+1.32%)
AMZN   1,762.17 (-0.20%)
CGC   21.75 (+2.84%)
NVDA   195.09 (-0.27%)
MU   44.66 (+0.00%)
BABA   169.92 (+0.02%)
GE   9.14 (+0.88%)
TSLA   254.68 (-0.35%)
AMD   31.36 (-0.48%)
T   37.74 (-1.13%)
F   9.21 (+1.54%)
ACB   3.67 (+2.51%)
PRI   125.75 (-0.04%)
NFLX   271.27 (+1.72%)
BAC   31.42 (+0.71%)
GILD   66.58 (+1.09%)
DIS   131.13 (-0.96%)
S&P 500   3,004.52 (+0.28%)
DOW   26,833.95 (+0.17%)
QQQ   192.22 (+0.19%)
AAPL   243.18 (+1.34%)
FB   186.19 (+2.11%)
MSFT   137.24 (+0.64%)
GOOGL   1,257.63 (+1.32%)
AMZN   1,762.17 (-0.20%)
CGC   21.75 (+2.84%)
NVDA   195.09 (-0.27%)
MU   44.66 (+0.00%)
BABA   169.92 (+0.02%)
GE   9.14 (+0.88%)
TSLA   254.68 (-0.35%)
AMD   31.36 (-0.48%)
T   37.74 (-1.13%)
F   9.21 (+1.54%)
ACB   3.67 (+2.51%)
PRI   125.75 (-0.04%)
NFLX   271.27 (+1.72%)
BAC   31.42 (+0.71%)
GILD   66.58 (+1.09%)
DIS   131.13 (-0.96%)
Log in

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

$36.72
-1.28 (-3.37 %)
(As of 10/23/2019 04:00 PM ET)
Today's Range
$35.82
Now: $36.72
$38.35
50-Day Range
$31.09
MA: $36.03
$38.06
52-Week Range
$21.45
Now: $36.72
$40.50
Volume4.44 million shs
Average Volume2.27 million shs
Market Capitalization$5.76 billion
P/E Ratio19.13
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$2.62 per share
Book Value$14.26 per share

Profitability

Net Income$301.04 million

Miscellaneous

Employees12,600
Market Cap$5.76 billion
Next Earnings DateN/A
OptionableOptionable

Receive SKX News and Ratings via Email

Sign-up to receive the latest news and ratings for SKX and its competitors with MarketBeat's FREE daily newsletter.


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?

Skechers USA shares 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 declared that its board has authorized a stock buyback plan on Friday, February 9th 2018, which allows the company to buyback $150,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its shares are undervalued.

How were Skechers USA's earnings last quarter?

Skechers USA Inc (NYSE:SKX) posted its quarterly earnings results on Tuesday, October, 22nd. The textile maker reported $0.67 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.69 by $0.02. The textile maker had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.34 billion. Skechers USA had a net margin of 6.72% and a return on equity of 14.59%. The firm's revenue was up 15.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.58 earnings per share. View Skechers USA's Earnings History.

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

Skechers USA updated its fourth quarter earnings guidance on Tuesday, October, 22nd. The company provided earnings per share 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?

12 Wall Street analysts have issued 1-year price targets for Skechers USA's stock. Their predictions range from $34.00 to $50.00. On average, they expect Skechers USA's stock price to reach $41.63 in the next year. This suggests a possible upside of 13.4% from the stock's current price. View Analyst Price Targets for Skechers USA.

What is the consensus analysts' recommendation for Skechers USA?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Skechers USA in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Skechers USA.

Has Skechers USA been receiving favorable news coverage?

News headlines about SKX stock have been trending neutral on Wednesday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Skechers USA earned a daily sentiment score of 0.2 on InfoTrie's scale. They also gave media coverage about the textile maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Skechers USA.

Are investors shorting Skechers USA?

Skechers USA saw a drop in short interest during 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 company 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 retail and institutional investors. Top institutional investors include Rhumbline Advisers (0.21%), Alberta Investment Management Corp (0.10%), State of New Jersey Common Pension Fund D (0.07%), Bowling Portfolio Management LLC (0.05%), Pacer Advisors Inc. (0.03%) and State of Michigan Retirement System (0.02%). 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 State of New Jersey Common Pension Fund D, Pacer Advisors Inc., Fox Run Management L.L.C., Rhumbline Advisers, 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 bought by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Legacy Bridge LLC, Envestnet Asset Management Inc., Alberta Investment Management Corp, State of Alaska Department of Revenue, Campbell & CO Investment Adviser LLC, Virginia Retirement Systems ET AL and Cerebellum GP LLC. 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 $36.72.

How big of a company is Skechers USA?

Skechers USA has a market capitalization of $5.76 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:  548 (Vote Underperform)
Total Votes:  1,266
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

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel