Skechers Usa Stock Buy Hold or Sell Recommendation
| SKX Stock | USD 63.82 0.11 0.17% |
Considering the 90-day investment horizon and your below-average risk tolerance, our recommendation regarding Skechers USA is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Skechers USA given historical horizon and risk tolerance towards Skechers USA. When Macroaxis issues a 'buy' or 'sell' recommendation for Skechers USA, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Skechers USA Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide. In addition, we conduct extensive research on individual companies such as Skechers and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Skechers USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Skechers |
Execute Skechers USA Buy or Sell Advice
The Skechers recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Skechers USA. Macroaxis does not own or have any residual interests in Skechers USA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Skechers USA's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Skechers USA Trading Alerts and Improvement Suggestions
| Skechers USA generated a negative expected return over the last 90 days | |
| Skechers USA has a strong financial position based on the latest SEC filings | |
| Over 96.0% of the company shares are owned by institutional investors | |
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Skechers USA Returns Distribution Density
The distribution of Skechers USA's historical returns is an attempt to chart the uncertainty of Skechers USA's future price movements. The chart of the probability distribution of Skechers USA daily returns describes the distribution of returns around its average expected value. We use Skechers USA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Skechers USA returns is essential to provide solid investment advice for Skechers USA.
| Mean Return | -0.08 | Value At Risk | -3.41 | Potential Upside | 3.29 | Standard Deviation | 2.25 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Skechers USA historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Skechers Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Skechers USA, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Skechers USA back and forth among themselves.
| Shares | Anomaly Capital Management, Lp | 2024-09-30 | 2 M | Arrowstreet Capital Limited Partnership | 2024-06-30 | 1.9 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.9 M | Bank Of America Corp | 2024-06-30 | 1.8 M | Amvescap Plc. | 2024-06-30 | 1.6 M | Theleme Partners Llp | 2024-06-30 | 1.6 M | Bank Of New York Mellon Corp | 2024-06-30 | 1.5 M | Norges Bank | 2024-06-30 | 1.4 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.3 M | Fmr Inc | 2024-09-30 | 19.9 M | Blackrock Inc | 2024-06-30 | 12.7 M |
Skechers USA Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (171.9M) | 78.6M | (458.0M) | (389.0M) | 324.2M | 340.4M | |
| Change In Cash | (47.4M) | 546.0M | (574.5M) | (180.6M) | 574.2M | 602.9M | |
| Free Cash Flow | 190.4M | 21.5M | (97.5M) | (120.7M) | 907.4M | 952.8M | |
| Depreciation | 111.5M | 142.8M | 139.6M | 153.7M | 181.9M | 191.0M | |
| Other Non Cash Items | 54.9M | 23.0M | 64.9M | 35.4M | 134.2M | 140.9M | |
| Dividends Paid | 31.9M | 258K | 4.2M | 8.1M | 7.3M | 7.0M | |
| Capital Expenditures | 236.1M | 309.9M | 309.7M | 359.0M | 323.7M | 339.9M | |
| Net Income | 427.3M | 146.2M | 815.6M | 429.2M | 545.8M | 573.1M | |
| End Period Cash Flow | 824.9M | 1.4B | 796.3M | 615.7M | 1.2B | 1.2B | |
| Change Receivables | (136.2M) | (118.4M) | 13.3M | (154.2M) | (138.8M) | (131.9M) | |
| Net Borrowings | 27.8M | 614.1M | (393.4M) | (2.3M) | (2.6M) | (2.5M) | |
| Change To Netincome | 88.4M | 68.6M | (262.2M) | 145.0M | 130.5M | 137.0M | |
| Investments | (12.9M) | (2.6M) | (35.0M) | (287.5M) | (418.0M) | (397.1M) |
Skechers USA Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Skechers USA or Textiles, Apparel & Luxury Goods sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Skechers USA's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Skechers stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 2.29 | |
Ir | Information ratio | -0.1 |
Skechers USA Volatility Alert
Skechers USA exhibits very low volatility with skewness of -0.7 and kurtosis of 4.57. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Skechers USA's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Skechers USA's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Skechers USA Fundamentals Vs Peers
Comparing Skechers USA's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Skechers USA's direct or indirect competition across all of the common fundamentals between Skechers USA and the related equities. This way, we can detect undervalued stocks with similar characteristics as Skechers USA or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Skechers USA's fundamental indicators could also be used in its relative valuation, which is a method of valuing Skechers USA by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Skechers USA to competition |
| Fundamentals | Skechers USA | Peer Average |
| Return On Equity | 0.16 | -0.31 |
| Return On Asset | 0.0684 | -0.14 |
| Profit Margin | 0.07 % | (1.27) % |
| Operating Margin | 0.1 % | (5.51) % |
| Current Valuation | 10.24 B | 16.62 B |
| Shares Outstanding | 131.59 M | 571.82 M |
| Shares Owned By Insiders | 0.81 % | 10.09 % |
| Shares Owned By Institutions | 96.33 % | 39.21 % |
| Number Of Shares Shorted | 6.68 M | 4.71 M |
| Price To Earning | 42.36 X | 28.72 X |
| Price To Book | 2.21 X | 9.51 X |
| Price To Sales | 1.10 X | 11.42 X |
| Revenue | 8 B | 9.43 B |
| Gross Profit | 3.52 B | 27.38 B |
| EBITDA | 968.31 M | 3.9 B |
| Net Income | 545.8 M | 570.98 M |
| Cash And Equivalents | 615.73 M | 2.7 B |
| Cash Per Share | 3.93 X | 5.01 X |
| Total Debt | 1.68 B | 5.32 B |
| Debt To Equity | 0.43 % | 48.70 % |
| Current Ratio | 2.27 X | 2.16 X |
| Book Value Per Share | 28.87 X | 1.93 K |
| Cash Flow From Operations | 1.23 B | 971.22 M |
| Short Ratio | 2.75 X | 4.00 X |
| Earnings Per Share | 4.06 X | 3.12 X |
| Price To Earnings To Growth | 1.19 X | 4.89 X |
| Target Price | 82.05 | |
| Number Of Employees | 9.2 K | 18.84 K |
| Beta | 1.23 | -0.15 |
| Market Capitalization | 9.62 B | 19.03 B |
| Total Asset | 7.55 B | 29.47 B |
| Retained Earnings | 3.8 B | 9.33 B |
| Working Capital | 2.29 B | 1.48 B |
Note: Disposition of 152659 shares by Michael Greenberg of Skechers USA at 60.6042 subject to Rule 16b-3 [view details]
Skechers USA Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Skechers . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Skechers USA Buy or Sell Advice
When is the right time to buy or sell Skechers USA? Buying financial instruments such as Skechers Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
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Additional Tools for Skechers Stock Analysis
When running Skechers USA's price analysis, check to measure Skechers USA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skechers USA is operating at the current time. Most of Skechers USA's value examination focuses on studying past and present price action to predict the probability of Skechers USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skechers USA's price. Additionally, you may evaluate how the addition of Skechers USA to your portfolios can decrease your overall portfolio volatility.