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

Skechers U.S.A. (NYSE:SKX) Frequently Asked Questions

Is Skechers U.S.A. a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Skechers U.S.A. in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Skechers U.S.A. stock.
View analyst ratings for Skechers U.S.A. or view top-rated stocks.

How has Skechers U.S.A.'s stock been impacted by Coronavirus (COVID-19)?

Skechers U.S.A.'s stock was trading at $27.91 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SKX stock has increased by 69.1% and is now trading at $47.20.
View which stocks have been most impacted by COVID-19.

Are investors shorting Skechers U.S.A.?

Skechers U.S.A. saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 3,510,000 shares, an increase of 21.5% from the October 31st total of 2,890,000 shares. Based on an average daily trading volume, of 1,450,000 shares, the short-interest ratio is currently 2.4 days. Approximately 2.7% of the shares of the company are short sold.
View Skechers U.S.A.'s Short Interest.

When is Skechers U.S.A.'s next earnings date?

Skechers U.S.A. is scheduled to release its next quarterly earnings announcement on Wednesday, February 2nd 2022.
View our earnings forecast for Skechers U.S.A..

How were Skechers U.S.A.'s earnings last quarter?

Skechers U.S.A., Inc. (NYSE:SKX) announced its quarterly earnings results on Thursday, October, 28th. The textile maker reported $0.66 earnings per share for the quarter, missing the Zacks' consensus estimate 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 6.58% and a trailing twelve-month return on equity of 12.87%. The firm's revenue was up 19.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.53 EPS.
View Skechers U.S.A.'s earnings history.

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

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 created shares were payable to shareholders after the closing bell on Thursday, October 15th 2015. An investor that had 100 shares of Skechers U.S.A. 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 2021 earnings guidance on Thursday, November, 4th. The company provided EPS guidance of $2.450-$2.500 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.580. The company issued revenue guidance of $6.15 billion-$6.20 billion, compared to the consensus revenue estimate of $6.18 billion.

What price target have analysts set for SKX?

10 equities research analysts have issued 12 month target prices for Skechers U.S.A.'s stock. Their forecasts range from $43.00 to $63.00. On average, they anticipate Skechers U.S.A.'s stock price to reach $54.63 in the next year. This suggests a possible upside of 15.7% from the stock's current price.
View analysts' price targets for Skechers U.S.A. or view top-rated stocks among Wall Street analysts.

Who are Skechers U.S.A.'s key executives?

Skechers U.S.A.'s management team includes the following people:

• Robert Greenberg, Chairman & Chief Executive Officer
• Michael Greenberg, President & Director
• David Weinberg, Chief Operating Officer, Director & Executive VP
• John M. Vandemore, Chief Financial Officer
• Brad Wolfer, SVP & General Merchandise Manager

What is Robert Greenberg's approval rating as Skechers U.S.A.'s CEO?

362 employees have rated Skechers U.S.A. CEO Robert Greenberg on Glassdoor.com. Robert Greenberg has an approval rating of 75% among Skechers U.S.A.'s employees.

Who are some of Skechers U.S.A.'s key competitors?

Some companies that are related to Skechers U.S.A. include NIKE (NKE), Deckers Outdoor (DECK), Crocs (CROX), Steven Madden (SHOO) and Wolverine World Wide (WWW).
View all of SKX's competitors.

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 (CELG), 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 investors include BlackRock Inc. (8.00%), ArrowMark Colorado Holdings LLC (4.61%), Massachusetts Financial Services Co. MA (3.94%), Pzena Investment Management LLC (2.99%), Bank of New York Mellon Corp (2.00%) and Marshall Wace LLP (1.58%). Company insiders that own Skechers U.S.A. 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 for Skechers U.S.A..

Which major investors are selling Skechers U.S.A. stock?

SKX stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Two Sigma Investments LP, MARSHALL WACE ASIA Ltd, ArrowMark Colorado Holdings LLC, Pzena Investment Management LLC, Boston Partners, Rheos Capital Works Inc., and Mackenzie Financial Corp. Company insiders that have sold Skechers U.S.A. company stock in the last year 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 insider buying and selling activity for Skechers U.S.A. or view top insider-selling stocks.

Which major investors are buying Skechers U.S.A. stock?

SKX stock was bought by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Marshall Wace LLP, Wedge Capital Management L L P NC, Renaissance Technologies LLC, Candlestick Capital Management LP, Massachusetts Financial Services Co. MA, Millennium Management LLC, and HighTower Advisors LLC.
View insider buying and selling activity for Skechers U.S.A. or or view top insider-buying stocks.

How do I buy shares of Skechers U.S.A.?

Shares of SKX 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.
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What is Skechers U.S.A.'s stock price today?

One share of SKX stock can currently be purchased for approximately $47.20.

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

Skechers U.S.A. has a market capitalization of $7.36 billion and generates $4.60 billion in revenue each year. The textile maker earns $98.56 million in net income (profit) each year or $2.51 on an earnings per share basis.

How many employees does Skechers U.S.A. have?

Skechers U.S.A. employs 8,800 workers across the globe.

What is Skechers U.S.A.'s official website?

The official website for Skechers U.S.A. is www.skechers.com.

Where are Skechers U.S.A.'s headquarters?

Skechers U.S.A. is headquartered at 228 Manhattan Beach Boulevard, Manhattan Beach CA, 90266.

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 textile maker can be reached via phone at (310) 318-3100, via email at [email protected], or via fax at 310-318-5019.