S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:SKX

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

$46.00
-1.77 (-3.71%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$45.76
$46.75
50-Day Range
$41.08
$48.73
52-Week Range
$32.96
$55.87
Volume
830,384 shs
Average Volume
1.47 million shs
Market Capitalization
$7.17 billion
P/E Ratio
18.33
Dividend Yield
N/A
Beta
1.5
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. 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.

Headlines

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Industry, Sector and Symbol

Industry
Footwear, except rubber
Sub-Industry
Footwear
CUSIP
83056610
Employees
8,800
Year Founded
N/A

Sales & Book Value

Annual Sales
$4.60 billion
Cash Flow
$1.53 per share
Book Value
$20.10 per share

Profitability

Net Income
$98.56 million
Pretax Margin
9.29%

Debt

Price-To-Earnings

Miscellaneous

Free Float
115,440,000
Market Cap
$7.17 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/28/2021
Today
11/27/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/02/2022

MarketRank

Overall MarketRank

2.84 out of 5 stars

Consumer Discretionary Sector

32nd out of 389 stocks

Footwear, Except Rubber Industry

2nd out of 6 stocks

Analyst Opinion: 3.4Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 1.9 5 -4 -3 -2 -1 -












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

Is Skechers U.S.A. a buy 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 3 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.

How has Skechers U.S.A.'s stock been impacted by Coronavirus?

Skechers U.S.A.'s stock was trading at $27.91 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SKX stock has increased by 64.8% and is now trading at $46.00.
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 company's shares 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) posted 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 had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.62 billion. Skechers U.S.A. had a trailing twelve-month return on equity of 12.87% and a net margin of 6.58%. The business's quarterly revenue was up 19.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.53 earnings per share.
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 issued 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. issued an update on 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 Wall Street analysts have issued 12-month price targets for Skechers U.S.A.'s shares. Their forecasts range from $43.00 to $63.00. On average, they anticipate Skechers U.S.A.'s share price to reach $54.63 in the next year. This suggests a possible upside of 18.8% 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?

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

SKX stock was acquired 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.
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 $46.00.

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

Skechers U.S.A. has a market capitalization of $7.17 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.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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