Top-Rated StocksTop-RatedTop MarketRank™ StocksTop MarketRank™NYSE:SKX Skechers U.S.A. (SKX) Stock Price, News & Analysis $66.00 -0.20 (-0.30%) (As of 10/8/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Skechers U.S.A. Stock (NYSE:SKX) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Skechers U.S.A. alerts:Sign Up Key Stats Today's Range$65.11▼$66.5150-Day Range$59.46▼$70.1352-Week Range$45.58▼$75.09Volume1.44 million shsAverage Volume1.82 million shsMarket Capitalization$10.07 billionP/E Ratio17.37Dividend YieldN/APrice Target$77.82Consensus RatingBuy Company OverviewSkechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children worldwide. The company operates through Wholesale and Direct-to-Consumer segments. It offers footwear under Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam brands. In addition, the company provides men's and women's slip-resistant and safety-toe casuals, and boots for protective footwear in their work environments. It sells its products through department stores, family shoe stores, specialty running and sporting goods retailers, and big box club stores; franchisee and licensee third-party store operators; company-owned retail stores; digital commerce sites and mobile applications; and concept, factory outlet, and big box stores. The company licenses its Skechers brand. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.Read More… [SHOCKING] Crypto Document Leak… (Ad)The crypto market waits for no one. And my team of experts and I believe that a BIG move is right around the corner. That's why we're offering you instant access to the game-changing book that's transforming average investors into massive crypto successes.Download your digital copy now Skechers U.S.A. Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks99th Percentile Overall ScoreSKX MarketRank™: Skechers U.S.A. scored higher than 99% of companies evaluated by MarketBeat, and ranked 5th out of 299 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingBuy Consensus RatingSkechers U.S.A. has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 11 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageSkechers U.S.A. has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Skechers U.S.A.'s stock forecast and price target. Earnings and Valuation3.8 / 5Proj. Earnings Growth15.87% Earnings GrowthEarnings for Skechers U.S.A. are expected to grow by 15.87% in the coming year, from $4.16 to $4.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Skechers U.S.A. is 17.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Skechers U.S.A. is 17.37, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.26.Price to Earnings Growth RatioSkechers U.S.A. has a PEG Ratio of 0.94. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSkechers U.S.A. has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Skechers U.S.A.'s valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted4.05% of the float of Skechers U.S.A. has been sold short.Short Interest Ratio / Days to CoverSkechers U.S.A. has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Skechers U.S.A. has recently decreased by 9.22%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldSkechers U.S.A. does not currently pay a dividend.Dividend GrowthSkechers U.S.A. does not have a long track record of dividend growth. Sustainability and ESG1.3 / 5Environmental Score-3.68 Percentage of Shares Shorted4.05% of the float of Skechers U.S.A. has been sold short.Short Interest Ratio / Days to CoverSkechers U.S.A. has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Skechers U.S.A. has recently decreased by 9.22%, indicating that investor sentiment is improving significantly. News and Social Media3.3 / 5News Sentiment0.94 News SentimentSkechers U.S.A. has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Skechers U.S.A. this week, compared to 8 articles on an average week.Search Interest25 people have searched for SKX on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.MarketBeat Follows12 people have added Skechers U.S.A. to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership3.3 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Skechers U.S.A. insiders have not sold or bought any company stock.Percentage Held by Insiders24.75% of the stock of Skechers U.S.A. is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions79.96% of the stock of Skechers U.S.A. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Skechers U.S.A.'s insider trading history. Receive SKX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Skechers U.S.A. and its competitors with MarketBeat's FREE daily newsletter. Email Address SKX Stock News HeadlinesUp 90% and Still Running: On Holding Stock’s Remarkable Climb (SKX)On Holding saw double-digit revenue growth across all channels in its second quarter of 2024, with gross profit margin rising 40 bps to 59.95%.September 30, 2024 | marketbeat.comThese 3 Stocks Show How to Navigate Declining Consumer Confidence (SKX)Two stocks show investors where they could focus their energy for potential buys in the consumer discretionary sector today, driven by divergences in demandSeptember 27, 2024 | marketbeat.com[SHOCKING] Crypto Document Leak…The crypto market waits for no one. And my team of experts and I believe that a BIG move is right around the corner. That's why we're offering you instant access to the game-changing book that's transforming average investors into massive crypto successes.October 8, 2024 | Crypto 101 Media (Ad)Seize the Opportunity: Under Armour Stock Set for a Comeback (SKX)Global athletic apparel and footwear brand Under Armour Inc. (NYSE: UAA) is steadily gaining ground on its turnaround plan.September 10, 2024 | marketbeat.comSkechers USA (NYSE:SKX) Stock, Guidance And ForecastOctober 5 at 10:46 AM | benzinga.comBrokerages Set Skechers U.S.A., Inc. (NYSE:SKX) PT at $77.82October 4, 2024 | americanbankingnews.comSkechers USA (NYSE:SKX) Stock, Short Interest ReportOctober 3, 2024 | benzinga.comSkechers USA (NYSE:SKX) Stock Quotes, Forecast and News SummaryOctober 3, 2024 | benzinga.comSee More Headlines SKX Stock Analysis - Frequently Asked Questions How have SKX shares performed this year? Skechers U.S.A.'s stock was trading at $62.34 at the beginning of 2024. Since then, SKX shares have increased by 5.9% and is now trading at $66.00. View the best growth stocks for 2024 here. How were Skechers U.S.A.'s earnings last quarter? Skechers U.S.A., Inc. (NYSE:SKX) released its quarterly earnings results on Thursday, July, 25th. The textile maker reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.95 by $0.04. The firm's revenue for the quarter was up 7.3% compared to the same quarter last year. When did Skechers U.S.A.'s stock split? Skechers U.S.A. shares split on the morning of Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly created shares were payable to shareholders after the closing bell on Thursday, October 15th 2015. An investor that had 100 shares of stock prior to the split would have 300 shares after the split. Is Skechers U.S.A. doing a stock buyback? Skechers U.S.A.'s board initiated a stock buyback plan on Thursday, July 25th 2024, which authorizes the company to buy back $1,000,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 10.3% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its shares are undervalued. Who are Skechers U.S.A.'s major shareholders? Skechers U.S.A.'s top institutional shareholders include SG Americas Securities LLC (0.04%), Handelsbanken Fonder AB (0.02%), Cascade Investment Advisors Inc. (0.02%) and Eagle Rock Investment Company LLC (0.01%). Insiders that own company stock include Richard Siskind, Robert Greenberg, Michael Greenberg, David Weinberg, John M Vandemore, Phillip Paccione, Katherine J Blair and Mark A Nason. View institutional ownership trends. How do I buy shares of Skechers U.S.A.? Shares of SKX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Skechers U.S.A. own? Based on aggregate information from My MarketBeat watchlists, some other companies that Skechers U.S.A. investors own include Akorn (AKRX), Integrated Device Technology (IDTI), Bank of America (BAC), NVIDIA (NVDA), Alibaba Group (BABA) and Micron Technology (MU). Company Calendar Last Earnings7/25/2024Today10/08/2024Next Earnings (Confirmed)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorConsumer Discretionary Industry Footwear, except rubber Sub-IndustryFootwear Current SymbolNYSE:SKX CUSIP83056610 CIK1065837 Webwww.skechers.com Phone(310) 318-3100Fax310-318-5019Employees17,900Year FoundedN/APrice Target and Rating Average Stock Price Target$77.82 High Stock Price Target$83.00 Low Stock Price Target$66.00 Potential Upside/Downside+17.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$3.80 Trailing P/E Ratio17.37 Forward P/E Ratio15.87 P/E Growth0.94Net Income$545.80 million Net Margins6.90% Pretax Margin10.11% Return on Equity13.04% Return on Assets7.64% Debt Debt-to-Equity Ratio0.01 Current Ratio2.06 Quick Ratio1.33 Sales & Book Value Annual Sales$8.40 billion Price / Sales1.20 Cash Flow$4.73 per share Price / Cash Flow13.94 Book Value$28.75 per share Price / Book2.30Miscellaneous Outstanding Shares152,517,000Free Float114,769,000Market Cap$10.07 billion OptionableOptionable Beta1.22 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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