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Skechers USA (SKX)
NYSE:SKX
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SKX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$55.67 - $75.09
Previous CloseN/A
Volume347.52K
Average Volume (3M)1.74M
Market Cap
$10.47B
Enterprise Value$11.46B
Total Cash (Recent Filing)$718.54M
Total Debt (Recent Filing)$67.16M
Price to Earnings (P/E)17.2
Beta0.96
Next Earnings
Feb 06, 2025EPS Estimate
0.74Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.06
Shares Outstanding131,593,340
10 Day Avg. Volume1,567,728
30 Day Avg. Volume1,742,707
Standard Deviation0.10
R-Squared0.43
Alpha-0.00166
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.20
Price to Cash Flow (P/CF)-65.90
P/FCF Ratio0.00
Enterprise Value/Market Cap1.09
Enterprise Value/Revenue1.31
Enterprise Value/Gross Profit2.76
Enterprise Value/Ebitda12.52
Forecast
1Y Price Target
$81.91Price Target Upside17.08% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
Skechers USA News
Bulls Say, Bears Say
Bulls Say
Global Market PositionSkechers has impressive global reach and a broad range of product offerings, making it the third largest footwear brand globally.
Innovative Product DevelopmentSlip-In upper technology has expanded into almost every footwear category and continues to gain momentum.
Sales And Earnings GrowthValuation can work itself higher when EPS growth of double digits is set to continue.
Bears Say
Competitive PressuresSKX is likely losing share in the channel driven by struggling in athletic, increasing competition, and NKE aggressively returning into the family channel.
Gross Margin And Inventory ConcernsGross margin declined more than expected due to higher levels of promotions and increased freight costs.
Sales And Market ChallengesThe weakness in China, which accounts for 14% of sales, poses a risk for Skechers.
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Ownership Overview
0.79% Insiders
29.11% Mutual Funds
0.27% Other Institutional Investors
47.92% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
Website Traffic
The estimated number of people who visited one or more of the websites owned by Skechers USA
Desktop Users
Mobile Users
SKX FAQ
What was Skechers USA’s price range in the past 12 months?
Skechers USA lowest stock price was $55.67 and its highest was $75.09 in the past 12 months.
What is Skechers USA’s market cap?
Skechers USA’s market cap is $10.47B.
When is Skechers USA’s upcoming earnings report date?
Skechers USA’s upcoming earnings report date is Feb 06, 2025 which is in 18 days.
How were Skechers USA’s earnings last quarter?
Skechers USA released its earnings results on Oct 24, 2024. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.157 by $0.103.
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 0.74.
How many shares outstanding does Skechers USA have?
Skechers USA has 131,593,340 shares outstanding.
What happened to Skechers USA’s price movement after its last earnings report?
Skechers USA reported an EPS of $1.26 in its last earnings report, beating expectations of $1.157. Following the earnings report the stock price went down -3.927%.
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 104M.
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Skechers USA Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$81.91 (17.08% Upside)
$81.91 (17.08% Upside)
Blogger Sentiment
Bullish
SKX Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 510.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 2.1%
Last 30 Days ▲ 2.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.88%
12-Months-Change
Fundamentals
Return on Equity
15.10%
Trailing 12-Months
Asset Growth
19.43%
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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SKX Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Skechers reported a strong quarter with record sales and significant growth in several international markets, notably India. However, challenges in China and a decline in gross margins present notable concerns. Despite these issues, the brand's global diversification strategy and new product introductions continue to drive overall growth.Read More>---
SKX Stock 12 Month Forecast
Average Price Target
$81.91
▲(17.08% Upside)
Technical Analysis
Crocs
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Wolverine World Wide
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Best Analysts Covering SKX
1 Year
1 Year Success Rate
18/21 ratings generated profit
1 Year Average Return
+19.10%
reiterated a buy rating 3 months ago
Copying Jim Duffy's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +19.10% per trade.
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