Skechers/SKX

$56.41

-0.79%
-
1D1W1MYTD1YMAX

About Skechers

Skechers U.S.A., Inc. designs, develops, and markets a diverse range of footwear, apparel, and accessories. The Company offers footwear, apparel, and accessories for men, women, and kids. The Company operates through two segments: Wholesale and Direct-to-Consumer. Wholesale segment is comprised of sales to a network of partners including Skechers-branded stores operated by third-party franchisees and licensees, family shoe stores, specialty athletic and sporting goods retailers, department stores and big box club stores, and Distributors in select international markets. Direct-to-Consumer segment comprises sales by the Company directly to consumers through a combination of channels including company owned Skechers-branded stores, company owned e-commerce sites, and third-party marketplaces and digital platforms. Its lifestyle offering delivers comfort technologies such as Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam, among others.

Ticker

SKX

Sector

Consumer Cyclicals

Trading on

NYSE

Industry

Footwear

CEO

Robert Greenberg

Employees

9,200

Headquarters

Manhattan beach, United States

Skechers Metrics

BasicAdvanced
$8.88B
Market cap
16.29
P/E ratio
$3.49
EPS
1.34
Beta
-
Dividend rate
$8.88B
1.33977
$65.17
$45.58
1.65M
2.38
1.461
6.044
7.499
16.33
35.04%
9%
14.38%
12.4%
16.289
1.11
2.165
2.266
9.783
7.47%
46.69%
20.28%
87.03%

What the Analysts think about Skechers

Analyst Ratings

Majority rating from 15 analysts.
Buy

Price Targets

Average projection from 13 analysts.
25.19% upside
High $85.00
Low $56.00
$56.41
Current price
$70.62
Average price target

Skechers Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
4.44% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.96B
-3.16%
Net income
$87.1M
-40.1%
Profit margin
4.44%
-38.16%

Skechers Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 2.3%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.02
$0.98
$0.93
$0.56
-
Expected
$0.61
$0.54
$0.80
$0.55
$1.10
Surprise
66.94%
82.16%
16.47%
2.3%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Skechers stock?

Skechers (SKX) has a market cap of $8.88B as of April 21, 2024.

What is the P/E ratio for Skechers stock?

The price to earnings (P/E) ratio for Skechers (SKX) stock is 16.29 as of April 21, 2024.

Does Skechers stock pay dividends?

No, Skechers (SKX) stock does not pay dividends to its shareholders as of April 21, 2024.

When is the next Skechers dividend payment date?

Skechers (SKX) stock does not pay dividends to its shareholders.

What is the beta indicator for Skechers?

Skechers (SKX) has a beta rating of 1.34. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Skechers stock price target?

The target price for Skechers (SKX) stock is $70.62, which is 25.19% above the current price of $56.41. This is an average based on projections from 13 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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