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NYSE:SKLZ

Skillz (SKLZ) Stock Price, News & Analysis

Skillz logo
$5.70 -0.03 (-0.52%)
(As of 11/29/2024 ET)

About Skillz Stock (NYSE:SKLZ)

Key Stats

Today's Range
$5.63
$5.79
50-Day Range
$4.93
$5.77
52-Week Range
$4.72
$7.48
Volume
34,323 shs
Average Volume
112,863 shs
Market Capitalization
$99.35 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.75
Consensus Rating
Moderate Buy

Company Overview

Skillz Inc. operates a mobile game platform in the United States and internationally. The company primarily develops and supports a proprietary online-hosted technology platform that enables independent game developers to host tournaments and provide competitive gaming activity to end-users. The company distributes games through direct app download from its website, as well as through third-party platforms. Skillz Inc. was founded in 2012 and is based in San Francisco, California.

Skillz Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
41st Percentile Overall Score

SKLZ MarketRank™: 

Skillz scored higher than 41% of companies evaluated by MarketBeat, and ranked 212th 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.

  • Consensus Rating

    Skillz has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Skillz has received no research coverage in the past 90 days.

  • Read more about Skillz's stock forecast and price target.
  • Earnings Growth

    Earnings for Skillz are expected to grow in the coming year, from ($4.33) to ($3.95) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Skillz is -2.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Skillz is -2.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Skillz has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Skillz's valuation and earnings.
  • Percentage of Shares Shorted

    15.27% of the float of Skillz has been sold short.
  • Short Interest Ratio / Days to Cover

    Skillz has a short interest ratio ("days to cover") of 21.4, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Skillz has recently decreased by 2.30%, indicating that investor sentiment is improving.
  • Dividend Yield

    Skillz does not currently pay a dividend.

  • Dividend Growth

    Skillz does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    15.27% of the float of Skillz has been sold short.
  • Short Interest Ratio / Days to Cover

    Skillz has a short interest ratio ("days to cover") of 21.4, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Skillz has recently decreased by 2.30%, indicating that investor sentiment is improving.
  • Search Interest

    4 people have searched for SKLZ on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Skillz insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,828.00 in company stock.

  • Percentage Held by Insiders

    22.67% of the stock of Skillz is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 19.42% of the stock of Skillz is held by institutions.

  • Read more about Skillz's insider trading history.
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SKLZ Stock News Headlines

Media Is Mocking Elon, But Wait Until They See This Demo
Elon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it.
Skillz Misses Q3 Revenue Estimates
Skillz Reports Q3 2024 Financial Results and Strategic Focus
Skillz Inc. (NYSE:SKLZ) Q3 2024 Earnings Call Transcript
Q3 2024 Skillz Inc Earnings Call Transcript
See More Headlines

SKLZ Stock Analysis - Frequently Asked Questions

Skillz's stock was trading at $6.24 on January 1st, 2024. Since then, SKLZ shares have decreased by 8.7% and is now trading at $5.70.
View the best growth stocks for 2024 here
.

Skillz Inc. (NYSE:SKLZ) released its quarterly earnings results on Thursday, August, 1st. The company reported ($0.57) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($1.36) by $0.79. The firm earned $25.30 million during the quarter, compared to analysts' expectations of $26.64 million. Skillz had a negative trailing twelve-month return on equity of 38.95% and a negative net margin of 40.87%.

Skillz shares reverse split on Monday, June 26th 2023. The 1-20 reverse split was announced on Monday, June 26th 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, June 26th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Top institutional shareholders of Skillz include GSA Capital Partners LLP (0.92%), Jacobs Levy Equity Management Inc. (0.48%) and Wealthquest Corp (0.07%). Insiders that own company stock include Andrew Paradise, Jason Roswig, Salvatore Jr Lento, Kevin Chessen, Jerome Leon Bruckheimer, Christopher S Gaffney and Harry Sloan.
View institutional ownership trends
.

Shares of SKLZ 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Skillz investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
8/01/2024
Today
12/01/2024
Next Earnings (Confirmed)
12/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Fax
N/A
Employees
240
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.75
High Stock Price Target
$15.00
Low Stock Price Target
$6.50
Potential Upside/Downside
+88.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-101,360,000.00
Pretax Margin
-35.61%

Debt

Sales & Book Value

Annual Sales
$150.11 million
Book Value
$11.44 per share

Miscellaneous

Free Float
13,479,000
Market Cap
$99.35 million
Optionable
Optionable
Beta
2.75
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This page (NYSE:SKLZ) was last updated on 12/1/2024 by MarketBeat.com Staff
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