S&P 500   4,297.14 (+0.40%)
DOW   33,912.44 (+0.45%)
QQQ   333.06 (+0.81%)
AAPL   173.07 (+0.56%)
MSFT   293.43 (+0.52%)
META   180.60 (+0.06%)
GOOGL   121.88 (+0.16%)
AMZN   143.16 (-0.27%)
TSLA   927.32 (+3.03%)
NVDA   190.37 (+1.75%)
NIO   21.38 (+1.28%)
BABA   94.15 (-0.65%)
AMD   100.97 (+0.14%)
MU   64.69 (-0.54%)
T   18.39 (+0.66%)
CGC   3.81 (+15.45%)
F   16.32 (+0.87%)
GE   79.68 (-0.31%)
DIS   124.20 (+2.16%)
AMC   24.17 (-1.10%)
PYPL   101.55 (+0.45%)
PFE   49.76 (-0.70%)
NFLX   248.82 (-0.19%)
S&P 500   4,297.14 (+0.40%)
DOW   33,912.44 (+0.45%)
QQQ   333.06 (+0.81%)
AAPL   173.07 (+0.56%)
MSFT   293.43 (+0.52%)
META   180.60 (+0.06%)
GOOGL   121.88 (+0.16%)
AMZN   143.16 (-0.27%)
TSLA   927.32 (+3.03%)
NVDA   190.37 (+1.75%)
NIO   21.38 (+1.28%)
BABA   94.15 (-0.65%)
AMD   100.97 (+0.14%)
MU   64.69 (-0.54%)
T   18.39 (+0.66%)
CGC   3.81 (+15.45%)
F   16.32 (+0.87%)
GE   79.68 (-0.31%)
DIS   124.20 (+2.16%)
AMC   24.17 (-1.10%)
PYPL   101.55 (+0.45%)
PFE   49.76 (-0.70%)
NFLX   248.82 (-0.19%)
S&P 500   4,297.14 (+0.40%)
DOW   33,912.44 (+0.45%)
QQQ   333.06 (+0.81%)
AAPL   173.07 (+0.56%)
MSFT   293.43 (+0.52%)
META   180.60 (+0.06%)
GOOGL   121.88 (+0.16%)
AMZN   143.16 (-0.27%)
TSLA   927.32 (+3.03%)
NVDA   190.37 (+1.75%)
NIO   21.38 (+1.28%)
BABA   94.15 (-0.65%)
AMD   100.97 (+0.14%)
MU   64.69 (-0.54%)
T   18.39 (+0.66%)
CGC   3.81 (+15.45%)
F   16.32 (+0.87%)
GE   79.68 (-0.31%)
DIS   124.20 (+2.16%)
AMC   24.17 (-1.10%)
PYPL   101.55 (+0.45%)
PFE   49.76 (-0.70%)
NFLX   248.82 (-0.19%)
S&P 500   4,297.14 (+0.40%)
DOW   33,912.44 (+0.45%)
QQQ   333.06 (+0.81%)
AAPL   173.07 (+0.56%)
MSFT   293.43 (+0.52%)
META   180.60 (+0.06%)
GOOGL   121.88 (+0.16%)
AMZN   143.16 (-0.27%)
TSLA   927.32 (+3.03%)
NVDA   190.37 (+1.75%)
NIO   21.38 (+1.28%)
BABA   94.15 (-0.65%)
AMD   100.97 (+0.14%)
MU   64.69 (-0.54%)
T   18.39 (+0.66%)
CGC   3.81 (+15.45%)
F   16.32 (+0.87%)
GE   79.68 (-0.31%)
DIS   124.20 (+2.16%)
AMC   24.17 (-1.10%)
PYPL   101.55 (+0.45%)
PFE   49.76 (-0.70%)
NFLX   248.82 (-0.19%)
NYSE:SKX

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

$40.20
-0.01 (-0.02%)
(As of 08/15/2022 04:28 PM ET)
Add
Compare
Today's Range
$39.83
$40.38
50-Day Range
$35.29
$42.34
52-Week Range
$33.50
$53.20
Volume
1.63 million shs
Average Volume
1.47 million shs
Market Capitalization
$6.27 billion
P/E Ratio
8.80
Dividend Yield
N/A
Price Target
$51.89

Skechers U.S.A. MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
29.0% Upside
$51.89 Price Target
Short Interest
Healthy
3.49% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.68
Upright™ Environmental Score
News Sentiment
1.06mentions of Skechers U.S.A. in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
25.38%
From $2.64 to $3.31 Per Share

Overall MarketRank

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

3.02 out of 5 stars

Consumer Discretionary Sector

22nd out of 291 stocks

Footwear, Except Rubber Industry

2nd 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.

Analyst Ratings Changes

A number of research analysts recently commented on SKX shares. Morgan Stanley decreased their price target on Skechers U.S.A. from $62.00 to $59.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 27th. UBS Group reduced their price objective on Skechers U.S.A. from $67.00 to $56.00 in a research note on Friday, July 15th. Deutsche Bank Aktiengesellschaft reduced their price objective on Skechers U.S.A. from $62.00 to $61.00 in a research note on Monday, April 25th. Cowen reduced their price objective on Skechers U.S.A. to $39.00 and set an "outperform" rating on the stock in a research note on Monday, July 25th. Finally, Wedbush reduced their price objective on Skechers U.S.A. from $48.00 to $42.00 and set an "outperform" rating on the stock in a research note on Wednesday, July 27th. One investment analyst has rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, Skechers U.S.A. currently has a consensus rating of "Moderate Buy" and a consensus target price of $51.89.

Skechers U.S.A. Trading Up 0.5 %

Shares of SKX Stock traded up $0.21 during mid-day trading on Friday, reaching $40.21. 1,098,954 shares of the stock traded hands, compared to its average volume of 1,802,715. The stock's fifty day simple moving average is $37.78 and its two-hundred day simple moving average is $39.58. Skechers U.S.A. has a 1-year low of $33.50 and a 1-year high of $53.86. The company has a market cap of $6.27 billion, a price-to-earnings ratio of 8.80 and a beta of 1.30. The company has a quick ratio of 1.31, a current ratio of 2.34 and a debt-to-equity ratio of 0.07.

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.

SKX Stock News Headlines

SKX September 30th Options Begin Trading
Skechers U.S.A. (NYSE:SKX) Price Target Cut to $50.00
Skechers U.S.A. (NYSE:SKX) PT Lowered to $59.00
Skechers U.S.A. (NYSE:SKX) Sees Large Volume Increase
Cowen Trims Skechers U.S.A. (NYSE:SKX) Target Price to $39.00
What 4 Analyst Ratings Have To Say About Skechers USA
Skechers Lowers FY22 EPS Outlook
Skechers Announces Record Second Quarter 2022 Sales
Skechers U.S.A. (SKX) to Release Earnings on Tuesday
Skechers U.S.A. (NYSE:SKX) Price Target Cut to $45.00
See More Headlines
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.

SKX Company Calendar

Last Earnings
10/28/2021
Today
8/15/2022
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
+29.1%
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
$3.52 per share
Book Value
$22.70 per share

Miscellaneous

Free Float
117,908,000
Market Cap
$6.27 billion
Optionable
Optionable
Beta
1.30














SKX Stock - Frequently Asked Questions

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

10 Wall Street 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 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 Wall Street research analysts have issued 1-year price objectives for Skechers U.S.A.'s shares. 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 29.1% 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 on January 1st, 2022. Since then, SKX shares have decreased by 7.4% and is now trading at $40.19.
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) issued its quarterly earnings data on Thursday, October, 28th. The textile maker reported $0.66 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.71 by $0.05. The textile maker earned $1.55 billion during the quarter, compared to the consensus estimate of $1.62 billion. Skechers U.S.A. had a net margin of 10.41% and a trailing twelve-month return on equity of 10.96%. The company's quarterly revenue was up 19.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.53 earnings per share.

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

Shares of Skechers U.S.A. split on Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly issued shares were distributed 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 FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $2.60-$2.70 for the period, compared to the consensus EPS 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."

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 FMR LLC (12.97%), Pzena Investment Management LLC (5.15%), Massachusetts Financial Services Co. MA (4.73%), Theleme Partners LLP (1.46%), Franklin Resources Inc. (1.29%) and Loomis Sayles & Co. L P (0.69%). Insiders that own company stock include David Weinberg, Jeffrey Greenberg, 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 $40.19.

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

Skechers U.S.A. (NYSE:SKX) has a market capitalization of $6.27 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 8/15/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.