Skechers Usa Stock Analysis
SKX Stock | USD 63.82 0.11 0.17% |
Skechers USA is fairly valued with Real Value of 63.15 and Target Price of 62.27. The main objective of Skechers USA stock analysis is to determine its intrinsic value, which is an estimate of what Skechers USA is worth, separate from its market price. There are two main types of Skechers USA's stock analysis: fundamental analysis and technical analysis.
The Skechers USA stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Skechers USA is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Skechers Stock trading window is adjusted to America/New York timezone.
Skechers |
Skechers Stock Analysis Notes
About 96.0% of the company shares are owned by institutional investors. The book value of Skechers USA was at this time reported as 28.87. The company has Price/Earnings To Growth (PEG) ratio of 1.19. Skechers USA had not issued any dividends in recent years. The entity had 3:1 split on the 16th of October 2015. Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children and performance footwear for men and women worldwide. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California. Skechers USA operates under Footwear Accessories classification in the United States and is traded on New York Stock Exchange. It employs 6200 people. To find out more about Skechers USA contact Robert Greenberg at 310 318 3100 or learn more at https://www.skechers.com.Skechers USA Quarterly Total Revenue |
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Skechers USA Investment Alerts
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 Upcoming and Recent Events
Earnings reports are used by Skechers USA to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
1st of February 2024 Upcoming Quarterly Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
1st of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Skechers Largest EPS Surprises
Earnings surprises can significantly impact Skechers USA's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2013-05-15 | 2013-03-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2012-10-24 | 2012-09-30 | 0.08 | 0.07 | -0.01 | 12 | ||
2011-02-16 | 2010-12-31 | 0.03 | 0.02 | -0.01 | 33 |
Skechers USA Environmental, Social, and Governance (ESG) Scores
Skechers USA's ESG score is a quantitative measure that evaluates Skechers USA's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Skechers USA's operations that may have significant financial implications and affect Skechers USA's stock price as well as guide investors towards more socially responsible investments.
Skechers USA Thematic Classifications
In addition to having Skechers USA stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
ApparelUSA Equities from Apparel industry as classified by Fama & French | ||
HousewaresHousewares products and accessories | ||
Office SuppliesOffice products, supplies, and accessories |
Skechers Stock Institutional Investors
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 Market Capitalization
The company currently falls under 'Mid-Cap' category with a total capitalization of 9.62 B.Skechers Profitablity
The company has Net Profit Margin of 0.07 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.1 %, which entails that for every 100 dollars of revenue, it generated $0.1 of operating income.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.07 | 0.08 | |
Return On Capital Employed | 0.13 | 0.20 | |
Return On Assets | 0.07 | 0.08 | |
Return On Equity | 0.14 | 0.17 |
Management Efficiency
Skechers USA has Return on Asset of 0.0684 % which means that on every $100 spent on assets, it made $0.0684 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1576 %, implying that it generated $0.1576 on every 100 dollars invested. Skechers USA's management efficiency ratios could be used to measure how well Skechers USA manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.08 in 2024. Return On Capital Employed is likely to rise to 0.20 in 2024. At this time, Skechers USA's Return On Assets are fairly stable compared to the past year. Asset Turnover is likely to rise to 1.73 in 2024, whereas Net Tangible Assets are likely to drop slightly above 2 B in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | 28.47 | 29.90 | |
Tangible Book Value Per Share | 27.39 | 28.76 | |
Enterprise Value Over EBITDA | 10.46 | 6.98 | |
Price Book Value Ratio | 2.40 | 2.60 | |
Enterprise Value Multiple | 10.46 | 6.98 | |
Price Fair Value | 2.40 | 2.60 | |
Enterprise Value | 4.7 B | 4.9 B |
Understanding the management dynamics of Skechers USA allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Operating Margin 0.0994 | Profit Margin 0.072 | Beta 1.233 | Return On Assets 0.0684 | Return On Equity 0.1576 |
Technical Drivers
As of the 30th of November, Skechers USA has the Coefficient Of Variation of (2,774), risk adjusted performance of (0.02), and Variance of 5.07. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Skechers USA, as well as the relationship between them.Skechers USA Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Skechers USA middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Skechers USA. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Skechers USA Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Skechers USA insiders, such as employees or executives, is commonly permitted as long as it does not rely on Skechers USA's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Skechers USA insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Michael Greenberg over six months ago Disposition of 152659 shares by Michael Greenberg of Skechers USA at 60.6042 subject to Rule 16b-3 |
Skechers USA Outstanding Bonds
Skechers USA issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Skechers USA uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Skechers bonds can be classified according to their maturity, which is the date when Skechers USA has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
SEB 37 09 JUN 25 Corp BondUS830505AX19 | View | |
MPLX LP 52 Corp BondUS55336VAL45 | View | |
SEB 12 09 SEP 26 Corp BondUS83051GAT58 | View | |
SEB 85 02 SEP 25 Corp BondUS83051GAR92 | View |
Skechers USA Predictive Daily Indicators
Skechers USA intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Skechers USA stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Skechers USA Corporate Filings
10Q | 1st of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 24th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
29th of August 2024 Other Reports | ViewVerify | |
10Q | 2nd of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 25th of July 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 27th of June 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 7th of June 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 6th of June 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Skechers USA Forecast Models
Skechers USA's time-series forecasting models are one of many Skechers USA's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Skechers USA's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Skechers Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Skechers USA prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Skechers shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Skechers USA. By using and applying Skechers Stock analysis, traders can create a robust methodology for identifying Skechers entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.10 | 0.05 | |
Operating Profit Margin | 0.10 | 0.07 | |
Net Profit Margin | 0.07 | 0.04 | |
Gross Profit Margin | 0.52 | 0.35 |
Current Skechers Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Skechers analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Skechers analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
62.27 | Strong Buy | 16 | Odds |
Most Skechers analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Skechers stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Skechers USA, talking to its executives and customers, or listening to Skechers conference calls.
Skechers Stock Analysis Indicators
Skechers USA stock analysis indicators help investors evaluate how Skechers USA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Skechers USA shares will generate the highest return on investment. By understating and applying Skechers USA stock analysis, traders can identify Skechers USA position entry and exit signals to maximize returns.
Begin Period Cash Flow | 615.7 M | |
Long Term Debt | 242.9 M | |
Common Stock Shares Outstanding | 156.3 M | |
Total Stockholder Equity | 4 B | |
Tax Provision | 150.9 M | |
Quarterly Earnings Growth Y O Y | 0.355 | |
Property Plant And Equipment Net | 2.8 B | |
Cash And Short Term Investments | 1.3 B | |
Cash | 1.2 B | |
Accounts Payable | 1 B | |
Net Debt | 493.9 M | |
50 Day M A | 63.3354 | |
Total Current Liabilities | 1.7 B | |
Other Operating Expenses | 7.2 B | |
Non Current Assets Total | 3.6 B | |
Forward Price Earnings | 12.4069 | |
Non Currrent Assets Other | 69.9 M | |
Stock Based Compensation | 68 M |
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.