NYSE:SKX

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

$54.12
-0.42 (-0.77 %)
(As of 08/3/2021 12:00 AM ET)
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Today's Range
$53.86
$55.38
50-Day Range
$46.07
$54.54
52-Week Range
$28.03
$55.87
Volume1.43 million shs
Average Volume1.54 million shs
Market Capitalization$8.40 billion
P/E Ratio23.95
Dividend YieldN/A
Beta1.49
30 days | 90 days | 365 days | Advanced Chart
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Skechers U.S.A. logo

About Skechers U.S.A.

Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women under the Skechers brand worldwide. It operates through three segments: Domestic Wholesale, International Wholesale, and Direct-to-Consumer. The company 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; technical footwear under the Skechers GOrun, Skechers GOwalk, Skechers GOtrain, Skechers GOtrail, and Skechers GO Golf brands; sneakers, casuals, boots, and sandals for boys and girls; 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, 2020, it operated approximately 3,891 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. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.

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Industry, Sector and Symbol

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MarketRank

Overall MarketRank

2.65 out of 5 stars

Consumer Discretionary Sector

45th out of 371 stocks

Footwear, Except Rubber Industry

2nd out of 6 stocks

Analyst Opinion: 2.4Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 1.9 5 -4 -3 -2 -1 -
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Skechers U.S.A. (NYSE:SKX) Frequently Asked Questions

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

9 Wall Street 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 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Skechers U.S.A. stock.
View analyst ratings for Skechers U.S.A.
or view top-rated stocks.

What stocks does MarketBeat like better than Skechers U.S.A.?

Wall Street analysts have given Skechers U.S.A. a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Skechers U.S.A. wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

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, October 27th 2021.
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) released its quarterly earnings data on Thursday, July, 22nd. The textile maker reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.36. The textile maker had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.49 billion. Skechers U.S.A. had a net margin of 6.19% and a trailing twelve-month return on equity of 12.70%. The company's revenue for the quarter was up 127.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.44) EPS.
View Skechers U.S.A.'s earnings history
.

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. Since then, SKX shares have increased by 93.9% and is now trading at $54.12.
View which stocks have been most impacted by COVID-19
.

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 before market open on Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly created shares were distributed to shareholders after the market closes 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. issued an update on its FY 2021 earnings guidance on Thursday, July, 29th. The company provided EPS guidance of $2.550-$2.650 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.100. The company issued revenue guidance of $6.15 billion-$6.25 billion, compared to the consensus revenue estimate of $5.92 billion.

What price target have analysts set for SKX?

9 brokers have issued 1-year target prices for Skechers U.S.A.'s shares. Their forecasts range from $35.00 to $64.00. On average, they anticipate Skechers U.S.A.'s share price to reach $55.25 in the next year. This suggests a possible upside of 2.1% 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:
  • Mr. Robert Y. Greenberg, Co-Founder, Chairman & CEO (Age 81, Pay $6.66M)
  • Mr. Michael Greenberg, Co-Founder, Pres & Director (Age 58, Pay $5.74M)
  • Mr. John M. Vandemore, Chief Financial Officer (Age 47, Pay $1.04M)
  • Mr. David Weinberg, Exec. VP, COO & Director (Age 70, Pay $3.9M)
  • Mr. Jeffrey Greenberg, Sr. VP of Active Electronic Media & Director (Age 53)
  • Mr. Mark Nason, Exec. VP of Product Devel. (Age 59, Pay $2.23M)
  • Mr. Philip G. Paccione, Exec. VP of Bus. Affairs, Gen. Counsel & Corp. Sec. (Age 59)

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?

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 a variety of retail and institutional investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (0.86%), Letko Brosseau & Associates Inc. (0.45%), New York State Common Retirement Fund (0.35%), Alliancebernstein L.P. (0.14%), Monarch Partners Asset Management LLC (0.07%) and Texas Permanent School Fund (0.06%). 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 and Vivek Jetley.
View institutional ownership trends for Skechers U.S.A.
.

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

SKX stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Monarch Partners Asset Management LLC, Letko Brosseau & Associates Inc., State of Michigan Retirement System, Arizona State Retirement System, Texas Permanent School Fund, New York State Common Retirement Fund, and Legacy Bridge LLC. 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, and Vivek Jetley.
View insider buying and selling activity for Skechers U.S.A.
or view top insider-selling stocks.

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

SKX stock was purchased by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Oppenheimer Asset Management Inc., Cutler Group LP, Tectonic Advisors LLC, New Mexico Educational Retirement Board, Sumitomo Mitsui Trust Holdings Inc., Advisor Group Holdings Inc., and Oregon Public Employees Retirement Fund.
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.
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 $54.12.

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

Skechers U.S.A. has a market capitalization of $8.40 billion and generates $4.60 billion in revenue each year. The textile maker earns $98.56 million in net income (profit) each year or $0.65 on an earnings per share basis.

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

Skechers U.S.A. employs 11,700 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 or via email at [email protected]


This page was last updated on 8/3/2021 by MarketBeat.com Staff
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