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. $48.74 -0.48 (-0.98%) (As of 02/2/2023 10:35 AM ET) Add Compare Share Share Today's Range$48.69▼$49.5650-Day Range$39.75▼$49.2252-Week Range$31.28▼$49.89Volume132,601 shsAverage Volume1.77 million shsMarket Capitalization$7.56 billionP/E Ratio10.93Dividend YieldN/APrice Target$53.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Skechers U.S.A. MarketRank™ ForecastAnalyst RatingModerate Buy2.82 Rating ScoreUpside/Downside9.5% Upside$53.58 Price TargetShort InterestHealthy2.55% of Float Sold ShortDividend StrengthN/ASustainability-3.68Upright™ Environmental ScoreNews Sentiment0.75Based on 11 Articles This WeekInsider TradingSelling Shares$823,618 Sold Last QuarterProj. Earnings Growth35.68%From $2.27 to $3.08 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.2.67 out of 5 starsConsumer Discretionary Sector33rd out of 271 stocksFootwear, Except Rubber Industry2nd out of 5 stocks 2.4 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 $53.58, Skechers U.S.A. has a forecasted upside of 9.5% from its current price of $48.94.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 Shorted2.55% 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, 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 2.89%, 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 3.7 News and Social Media Coverage News SentimentSkechers U.S.A. has a news sentiment score of 0.75. 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 0.53 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Skechers U.S.A. this week, compared to 4 articles on an average week.Search Interest22 people have searched for SKX on MarketBeat in the last 30 days. This is an increase of 633% compared to the previous 30 days.MarketBeat Follows10 people have added Skechers U.S.A. to their MarketBeat watchlist in the last 30 days. This is an increase of 400% 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 $823,618.00 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Skechers U.S.A. are expected to grow by 35.68% in the coming year, from $2.27 to $3.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Skechers U.S.A. is 10.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.61.Price to Earnings Ratio vs. SectorThe P/E ratio of Skechers U.S.A. is 10.97, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 11.96.Price to Book Value per Share RatioSkechers U.S.A. has a P/B Ratio of 2.16. 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 following segments: Domestic Wholesale, International Wholesale, and Direct-to-Consumer. The Domestic Wholesale segment distributes footwear through the local wholesale distribution channels including department stores, specialty stores, athletic specialty shoe stores and independent retailers, as well as catalog and internet retailers. The International Wholesale segment includes international direct subsidiary and international distributor sales. The Direct-to-Consumer segment refers to e-commerce which operates through the concept stores, factory outlet stores, and warehouse outlet stores. 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 HeadlinesJanuary 24, 2023 | marketbeat.comIs the Worst Behind for Under Armor Stock with a New CEO? (SKX)Athleisure apparel and footwear maker Under Armour Inc. (NYSE: UAA) stock has been very buoyant, trading up +15.6% in 2023. The stock has been risingJanuary 24, 2023 | marketbeat.comAnalysts Like The Fit Of Skechers USASkechers is riding high on a wave of analyst's sentiment that could crest with the Q4 report and bring this stock in for a new high.February 2, 2023 | PressReach (Ad)Top Innovation StockToday's stock market report features an AI Robotics tech stock with a $4 million order backlog.January 16, 2023 | marketbeat.comLululemon Stock, Buying Opportunity on Lowered Guidance? (SKX)Athleisure apparel and footwear maker Lululemon Athletica Inc. (NASDAQ: LULU) stock took a rapid (-10%) drop upon updating mixed guidance for its upcoming Q4January 14, 2023 | marketbeat.comMarketBeat: Week in Review 01/09-01/13 (SKX)Markets are looking for direction in early trading before a holiday weekend. Here are some of the popular stories MarketBeat analysts were covering this week.January 10, 2023 | marketbeat.comSkechers Not Nike Is The Sneaker Stock to Own for 2023A tech-driven focus on comfort, omnichannel growth, international expansion and a low P/E are all good reasons to step into Skechers stock.January 31, 2023 | americanbankingnews.comSkechers U.S.A. (SKX) Set to Announce Earnings on ThursdayJanuary 31, 2023 | americanbankingnews.comWedbush Weighs in on Skechers U.S.A., Inc.'s FY2022 Earnings (NYSE:SKX)February 2, 2023 | PressReach (Ad)Stocks Positioned For The YearThis breakthrough stock has bright future this decade.January 25, 2023 | finance.yahoo.com3 Top Retail Stocks Under Accumulation in 2023January 25, 2023 | americanbankingnews.comSkechers U.S.A. (NYSE:SKX) Stock Rating Upgraded by CowenJanuary 25, 2023 | americanbankingnews.comSkechers U.S.A. (NYSE:SKX) PT Raised to $54.00 at Deutsche Bank AktiengesellschaftJanuary 25, 2023 | americanbankingnews.comSkechers U.S.A. (NYSE:SKX) Shares Gap Up on Analyst UpgradeJanuary 23, 2023 | markets.businessinsider.comAnalyst Expectations for Skechers USA's FutureJanuary 23, 2023 | finance.yahoo.comSkechers Gains as Consumers Pull Back. The Value Proposition ‘Is Resonating.’January 23, 2023 | msn.comSkechers stock boosted by Cowen's shift to Buy ratingJanuary 23, 2023 | americanbankingnews.comSkechers U.S.A. (NYSE:SKX) Upgraded to Outperform by CowenJanuary 20, 2023 | msn.comUBS expects Skechers to offer bullish guidance for 2023January 18, 2023 | reuters.comSKX.P - | Stock Price & Latest News | ReutersJanuary 18, 2023 | seekingalpha.comSkechers trades lower after Morgan Stanley warns on EPS riskJanuary 17, 2023 | finance.yahoo.comSkechers (SKX) Gains 25.4% in Past Six Months: Here's WhyJanuary 15, 2023 | seekingalpha.comSkechers U.S.A.: Growing As A Competitively Priced Comfort BrandJanuary 12, 2023 | thestreet.comSkechers USA Stock Falls On Unusually High Volume (SKX)January 12, 2023 | finance.yahoo.comSkechers to Report Fourth Quarter and Full Year 2022 Financial Results on Thursday, February 2ndJanuary 12, 2023 | finance.yahoo.comShould You Consider Selling Skechers U.S.A. (SKX)?January 9, 2023 | finance.yahoo.comDo Skechers U.S.A's (NYSE:SKX) Earnings Warrant Your Attention?January 6, 2023 | seekingalpha.comSkechers stock runs higher as Argus upgrades to BuySee 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 Earnings10/28/2021Today2/02/2023Next Earnings (Confirmed)2/02/2023Fiscal 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) 318-3100Fax310-318-5019Employees11,700Year FoundedN/APrice Target and Rating Average Stock Price Forecast$53.58 High Stock Price Forecast$71.00 Low Stock Price Forecast$37.00 Forecasted Upside/Downside+8.7%Consensus RatingModerate Buy Rating Score (0-4)2.82 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$4.46 Trailing P/E Ratio10.93 Forward P/E Ratio21.47 P/E GrowthN/ANet Income$741.50 million Net Margins9.70% Pretax Margin6.99% Return on Equity10.03% Return on Assets5.58% Debt Debt-to-Equity Ratio0.06 Current Ratio2.27 Quick Ratio1.14 Sales & Book Value Annual Sales$6.29 billion Price / Sales1.20 Cash Flow$3.56 per share Price / Cash Flow13.69 Book Value$22.70 per share Price / Book2.15Miscellaneous Outstanding Shares155,100,000Free Float117,194,000Market Cap$7.56 billion OptionableOptionable Beta1.30 Key ExecutivesRobert GreenbergChairman & Chief Executive OfficerMichael GreenbergPresident & DirectorDavid WeinbergChief Operating Officer, Director & Executive VPJohn M. VandemoreChief Financial OfficerBrad WolferSVP & General Merchandise ManagerKey CompetitorsSteven MaddenNASDAQ:SHOOMattelNASDAQ:MATPlanet FitnessNYSE:PLNTNew Oriental Education & Technology GroupNYSE:EDUDolby LaboratoriesNYSE:DLBView All CompetitorsInsiders & InstitutionsState of New Jersey Common Pension Fund DBought 5,355 shares on 2/1/2023Ownership: 0.050%Zurcher Kantonalbank Zurich Cantonalbank Bought 1,640 shares on 2/1/2023Ownership: 0.012%Janney Montgomery Scott LLCSold 2,384 shares on 2/1/2023Ownership: 0.011%Bank of Montreal CanSold 388,223 shares on 2/1/2023Ownership: 0.011%Sendero Wealth Management LLCBought 8,357 shares on 2/1/2023Ownership: 0.005%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 twelve months. 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 brokerages have issued twelve-month target prices for Skechers U.S.A.'s shares. Their SKX share price forecasts range from $37.00 to $71.00. On average, they predict the company's share price to reach $53.58 in the next twelve months. This suggests a possible upside of 8.9% 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 beginning of the year. Since then, SKX shares have increased by 17.3% and is now trading at $49.22. View the best growth stocks for 2023 here. When is Skechers U.S.A.'s next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023. View our SKX earnings forecast. How can I listen to Skechers U.S.A.'s earnings call? Skechers U.S.A. will be holding an earnings conference call on Thursday, February 2nd at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link. How were Skechers U.S.A.'s earnings last quarter? Skechers U.S.A., Inc. (NYSE:SKX) announced 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 had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.62 billion. Skechers U.S.A. had a trailing twelve-month return on equity of 10.03% and a net margin of 9.70%. The business's revenue was up 19.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.53 EPS. When did Skechers U.S.A.'s stock split? Skechers U.S.A.'s stock split on the morning of Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly created shares were payable 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 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 many different retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.56%), Vaughan Nelson Investment Management L.P. (0.13%), Congress Asset Management Co. MA (0.10%), New York State Common Retirement Fund (0.09%), Thompson Investment Management Inc. (0.06%) and State of New Jersey Common Pension Fund D (0.05%). Insiders that own company stock include David Weinberg, Jeffrey Greenberg, 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 $49.22. How much money does Skechers U.S.A. make? Skechers U.S.A. (NYSE:SKX) has a market capitalization of $7.63 billion and generates $7.20 billion in revenue each year. The textile maker earns $741.50 million in net income (profit) each year or $4.46 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 2/2/2023 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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