Top-Rated StocksTop-RatedNYSE:SKX Skechers U.S.A. (SKX) Stock Price, News & Analysis $63.82 +0.11 (+0.17%) (As of 11/29/2024 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$63.08▼$64.2850-Day Range$59.23▼$69.2352-Week Range$55.67▼$75.09Volume1.01 million shsAverage Volume1.68 million shsMarket Capitalization$9.63 billionP/E Ratio15.72Dividend YieldN/APrice Target$78.09Consensus RatingModerate Buy 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… 140% Yields From Stocks Like Tesla? Here's How (Black Friday Special) (Ad)140% Dividends from stocks like Tesla? Discover How for Just $9! For Black Friday, get the full details of an unique dividend strategy that works with giants like Tesla, Apple, and Amazon - at a 82% discount! Don't miss out on this special offer.Click now to learn how to have the chance at 140% yields before time runs out! Skechers U.S.A. Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks96th Percentile Overall ScoreSKX MarketRank™: Skechers U.S.A. scored higher than 96% of companies evaluated by MarketBeat, and ranked 19th out of 283 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 RatingModerate Buy Consensus RatingSkechers U.S.A. has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageSkechers U.S.A. has been the subject of 6 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 Growth14.12% Earnings GrowthEarnings for Skechers U.S.A. are expected to grow by 14.12% in the coming year, from $4.25 to $4.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Skechers U.S.A. is 15.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Skechers U.S.A. is 15.72, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.94.Price to Earnings Growth RatioSkechers U.S.A. has a PEG Ratio of 0.89. 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 2.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted5.12% 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 3.1, 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 increased by 3.73%, indicating that investor sentiment is decreasing. 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 Shorted5.12% 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 3.1, 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 increased by 3.73%, indicating that investor sentiment is decreasing. News and Social Media2.8 / 5News Sentiment1.01 News SentimentSkechers U.S.A. has a news sentiment score of 1.01. 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 0.81 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Skechers U.S.A. this week, compared to 8 articles on an average week.Search InterestOnly 15 people have searched for SKX on MarketBeat in the last 30 days. This is a decrease of -65% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Skechers U.S.A. to their MarketBeat watchlist in the last 30 days. This is a decrease of -54% 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 HeadlinesSkechers to Present at the Morgan Stanley Global Consumer & Retail Conference on December 3rdNovember 26, 2024 | businesswire.comSkechers U.S.A. (NYSE:SKX) Stock Rating Lowered by StockNews.comNovember 26, 2024 | americanbankingnews.comBlack Friday: 59% dividend from Bitcoin (No Crypto Needed)Get a 59% Dividend from Bitcoin—No Crypto Required! Our Black Friday special reveals the "Bitcoin Income Vault," a strategy that lets you collect dividends from Bitcoin - without buying a single coin or trade options. Start with as little as $50 and have the chance to enjoy almost monthly payouts.December 1, 2024 | Investors Alley (Ad)Skechers U.S.A., Inc. (NYSE:SKX) Receives $78.09 Consensus Price Target from AnalystsNovember 25, 2024 | americanbankingnews.comSkechers initiated with a Hold at NeedhamNovember 22, 2024 | markets.businessinsider.comPeeling Back The Layers: Exploring Skechers USA Through Analyst InsightsNovember 22, 2024 | benzinga.comAre Options Traders Betting on a Big Move in Skechers (SKX) Stock?November 22, 2024 | msn.comNeedham Initiates Coverage of Skechers U.S.A. (SKX) with Hold RecommendationNovember 22, 2024 | msn.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 stock has increased by 2.4% and is now trading at $63.82. 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) announced its quarterly earnings results on Thursday, October, 24th. The textile maker reported $1.26 earnings per share for the quarter, topping analysts' consensus estimates of $1.15 by $0.11. The company's quarterly revenue was up 16.0% on a year-over-year basis. When did Skechers U.S.A.'s stock split? Skechers U.S.A. shares split before market open on Friday, October 16th 2015. The 3-1 split was announced on Friday, August 21st 2015. The newly minted shares were issued to shareholders after the market closes 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 of Directors authorized a share repurchase plan on Thursday, July 25th 2024, which authorizes the company to buy back $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 10.3% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board believes its shares are undervalued. Who are Skechers U.S.A.'s major shareholders? Skechers U.S.A.'s top institutional investors include FMR LLC (13.17%), State Street Corp (3.04%), Massachusetts Financial Services Co. MA (2.89%) and Pacer Advisors Inc. (1.75%). 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 Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY). Company Calendar Last Earnings10/24/2024Today11/30/2024Fiscal 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$78.09 High Stock Price Target$84.00 Low Stock Price Target$66.00 Potential Upside/Downside+22.4%Consensus RatingModerate Buy Rating Score (0-4)2.92 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$4.06 Trailing P/E Ratio15.72 Forward P/E Ratio15.02 P/E Growth0.88Net Income$545.80 million Net Margins7.19% Pretax Margin10.18% Return on Equity13.71% Return on Assets7.90% Debt Debt-to-Equity Ratio0.01 Current Ratio1.96 Quick Ratio1.25 Sales & Book Value Annual Sales$8.00 billion Price / Sales1.20 Cash Flow$4.76 per share Price / Cash Flow13.40 Book Value$31.93 per share Price / Book2.00Miscellaneous Outstanding Shares150,970,000Free Float113,606,000Market Cap$9.63 billion OptionableOptionable Beta1.23 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? 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