In the Green: Skechers U S A, Inc (SKX) Closes at 56.37, Up/Down -1.91 from Previous Day

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In the latest session, Skechers U S A, Inc (NYSE: SKX) closed at $56.37 down -1.91% from its previous closing price of $57.47. In other words, the price has decreased by -$1.91 from its previous closing price. On the day, 1.55 million shares were traded. SKX stock price reached its highest trading level at $57.645 during the session, while it also had its lowest trading level at $56.35.

Ratios:

For a deeper understanding of Skechers U S A, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.11. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.97. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.29.

Morgan Stanley Upgraded its Equal-Weight to Overweight on July 23, 2024, whereas the target price for the stock was revised from $60 to $80.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 04 ’25 when PHILIP PACCIONE bought 10,994 shares for $56.63 per share.

PACCIONE PHILLIP sold 10,994 shares of SKX for $622,590 on Mar 03 ’25. The General Counsel & Secretary now owns 15,000 shares after completing the transaction at $56.63 per share. On Mar 03 ’25, another insider, Vandemore John M, who serves as the Chief Financial Officer of the company, sold 5,112 shares for $60.76 each. As a result, the insider received 310,605 and left with 83,328 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SKX now has a Market Capitalization of 8419141632 and an Enterprise Value of 9656238080. As of this moment, Skechers’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.58, and their Forward P/E ratio for the next fiscal year is 10.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 1.077 whereas that against EBITDA is 8.654.

Stock Price History:

The Beta on a monthly basis for SKX is 1.08, which has changed by -0.07331908 over the last 52 weeks, in comparison to a change of 0.08190584 over the same period for the S&P500. Over the past 52 weeks, SKX has reached a high of $78.85, while it has fallen to a 52-week low of $53.79. The 50-Day Moving Average of the stock is -14.48%, while the 200-Day Moving Average is calculated to be -14.76%.

Shares Statistics:

For the past three months, SKX has traded an average of 2.42M shares per day and 2546990 over the past ten days. A total of 129.85M shares are outstanding, with a floating share count of 129.26M. Insiders hold about 13.46% of the company’s shares, while institutions hold 83.47% stake in the company. Shares short for SKX as of 1740700800 were 7168755 with a Short Ratio of 2.96, compared to 1738281600 on 3948695. Therefore, it implies a Short% of Shares Outstanding of 7168755 and a Short% of Float of 7.59.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The current rating of Skechers U S A, Inc (SKX) reflects the combined expertise of 13.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $1.02, with high estimates of $1.12 and low estimates of $0.89.

Analysts are recommending an EPS of between $5.02 and $4.3 for the fiscal current year, implying an average EPS of $4.53. EPS for the following year is $5.25, with 16.0 analysts recommending between $6.08 and $4.76.

Revenue Estimates

A total of 10 analysts believe the company’s revenue will be $2.43B this quarter.It ranges from a high estimate of $2.47B to a low estimate of $2.42B. As of the current estimate, Skechers U S A, Inc’s year-ago sales were $2.25BFor the next quarter, 10 analysts are estimating revenue of $2.38B. There is a high estimate of $2.44B for the next quarter, whereas the lowest estimate is $2.32B.

A total of 5 analysts have provided revenue estimates for SKX’s current fiscal year. The highest revenue estimate was $9.81B, while the lowest revenue estimate was $9.75B, resulting in an average revenue estimate of $9.78B. In the same quarter a year ago, actual revenue was $8.97BBased on 12 analysts’ estimates, the company’s revenue will be $10.64B in the next fiscal year. The high estimate is $10.78B and the low estimate is $10.28B.

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