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Skechers USA (DE:SKAA)
FRANKFURT:SKAA
Skechers USA (SKAA) Stock Price & Analysis
1 Followers
SKAA Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€43.71 - €70.50
Previous Close€62.34
Volume0.00
Average Volume (3M)145.00
Market Cap
€9.55B
Enterprise Value€10.29B
Total Cash (Recent Filing)$1.26B
Total Debt (Recent Filing)$1.68B
Price to Earnings (P/E)―
Beta0.42
Next Earnings
Jul 25, 2024EPS Estimate
€0.86Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding152,516,607
10 Day Avg. Volume119
30 Day Avg. Volume145
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)2.83
Price to Sales (P/S)1.13
Price to Cash Flow (P/CF)8.90
P/FCF Ratio11.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.29
Enterprise Value/Gross Profit2.48
Enterprise Value/Ebitda12.80
Forecast
1Y Price Target
€70.09Price Target Upside12.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Skechers USA News
Bulls Say, Bears Say
Bulls Say
Brand StrengthThe market underappreciates the strength of the Skechers brand and the company's revenue potential.
Financial PerformanceSustained double-digit top-line growth story deserves a higher multiple, noting the shares trade at a discount to peers.
Market ExpansionExpansion into new categories like football and basketball will boost the brand and show that Skechers can compete in the performance athletic space.
Bears Say
Brand GrowthSome investors are skeptical of the company's efforts to elevate its brand and drive meaningful growth in new categories, especially amid rising competition in footwear.
Consumer SpendingRisks to the target price include a consumer spending slowdown in North America and Europe, a deteriorating macroenvironment in China, less-than-expected growth from new categories, and increasing competition in the comfort footwear market.
Financial DisciplineThere is a risk that CEO Robert Greenberg may surprise investors with elevated levels of SG&A spending, which could impact financial discipline.
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
0.22% Other Institutional Investors
99.78% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Skechers USA
Desktop Users
Mobile Users
SKAA FAQ
What was Skechers USA’s price range in the past 12 months?
Skechers USA lowest stock price was €43.71 and its highest was €70.50 in the past 12 months.
What is Skechers USA’s market cap?
Currently, no data Available
When is Skechers USA’s upcoming earnings report date?
Skechers USA’s upcoming earnings report date is Jul 25, 2024 which is in 6 days.
How were Skechers USA’s earnings last quarter?
Skechers USA released its earnings results on Apr 25, 2024. The company reported €1.258 earnings per share for the quarter, beating the consensus estimate of €1.01 by €0.248.
Is Skechers USA overvalued?
According to Wall Street analysts Skechers USA’s price is currently Undervalued.
Does Skechers USA pay dividends?
Skechers USA does not currently pay dividends.
What is Skechers USA’s EPS estimate?
Skechers USA’s EPS estimate is €0.86.
How many shares outstanding does Skechers USA have?
Currently, no data Available
What happened to Skechers USA’s price movement after its last earnings report?
Skechers USA reported an EPS of €1.258 in its last earnings report, beating expectations of €1.01. Following the earnings report the stock price went up 15.132%.
Which hedge fund is a major shareholder of Skechers USA?
Among the largest hedge funds holding Skechers USA’s share is Theleme Partners Llp. It holds Skechers USA’s shares valued at 69M.
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Skechers USA Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
€70.09 (12.50% Upside)
€70.09 (12.50% Upside)
Blogger Sentiment
Bullish
DE:SKAA Sentiment 100%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $320.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.52%
12-Months-Change
Fundamentals
Return on Equity
15.06%
Trailing 12-Months
Asset Growth
7.42%
Trailing 12-Months
Company Description
Skechers USA
SKECHERS USA, 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 Sales, International Wholesale Sales, and Retail Sales. The Domestic Wholesale Sales segment distributes footwear through the domestic wholesale distribution channels: department stores, specialty stores, athletic specialty shoe stores and independent retailers, as well as catalog and internet retailers. The International Wholesale Sales segment includes international direct subsidiary sales and international distributor sales. The Retail Sales 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.
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SKAA Earnings Call
Q1 2024
0:00 / 0:00
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SKAA Stock 12 Month Forecast
Average Price Target
€70.09
▲(12.50% Upside)
Technical Analysis
Best Analysts Covering SKAA
1 Year
1 Year Success Rate
13/14 ratings generated profit
1 Year Average Return
+31.44%
reiterated a buy rating 3 months ago
Copying Tom Nikic's trades and holding each position for 1 Year would result in 92.86% of your transactions generating a profit, with an average return of +31.44% per trade.
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