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Skechers USA (SKX)
NYSE:SKX
Holding SKX?
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SKX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$55.67 - $75.09
Previous Close$63.82
Volume1.01M
Average Volume (3M)2.17M
Market Cap
$9.64B
Enterprise Value$10.81B
Total Cash (Recent Filing)$1.47B
Total Debt (Recent Filing)$2.09B
Price to Earnings (P/E)15.7
Beta1.01
Next Earnings
Jan 30, 2025EPS Estimate
$0.74Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.06
Shares Outstanding150,971,996
10 Day Avg. Volume1,672,861
30 Day Avg. Volume2,166,760
Standard Deviation0.10
R-Squared0.45
Alpha-0.00173
Financial Highlights & Ratios
Price to Book (P/B)2.07
Price to Sales (P/S)1.05
Price to Cash Flow (P/CF)-57.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.24
Enterprise Value/Gross Profit2.60
Enterprise Value/Ebitda11.81
Forecast
1Y Price Target
$80.44Price Target Upside26.04% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Skechers USA News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe stock offers an attractive risk/reward at 13x P/E given the forecast for double-digit sales/EPS growth.
Innovation And Consumer DemandSkechers' Slip-in upper technology is gaining popularity and consumer demand.
Market Share And Global GrowthSKX's combination of compelling innovation, comfort, and pricing will allow them to gain market share globally.
Bears Say
Financial PerformanceGross margins have started to moderate from all-time highs.
Inventory ConcernsInventory grew +24% year over year due to China-related issues, and gross margin fell short of expectations.
Market ChallengesChina sales declined 6% due to continued pressure on consumer discretionary spending.
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Ownership Overview
0.83% Insiders
28.88% Mutual Funds
16.72% Other Institutional Investors
29.54% 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?
Currently, no data Available
When is Skechers USA’s upcoming earnings report date?
Skechers USA’s upcoming earnings report date is Jan 30, 2025 which is in 42 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:
$80.44 (26.04% Upside)
$80.44 (26.04% 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.
Crowd Wisdom
Very Negative
Last 7 Days <0.1%
Last 30 Days ▼ 3.6%
Last 30 Days ▼ 3.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.83%
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
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SKX Stock 12 Month Forecast
Average Price Target
$80.44
▲(26.04% Upside)
Technical Analysis
Best Analysts Covering SKX
1 Year
1 Year Success Rate
14/21 ratings generated profit
1 Year Average Return
+15.43%
reiterated a buy rating 2 months ago
Copying Jim Duffy's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +15.43% per trade.
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