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Skechers USA Inc. Message Board

  • misterrightnumber1 misterrightnumber1 Aug 13, 2007 9:21 PM Flag

    insanity

    what insanity

    skx market cap is way less than its yearly revenue

    skx market cap is 2x book value

    how could this stock be so undervalued

    I guarantee this stock will soar soon

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    • This should be a $40 stock minimum, and would be if it wouldn't be for Sketchers terrible management team. It's hard to get behind a company that follows a nice little 3 year earnings run with an absolute stinker quarter due soley to unplanned expenses that should have been revealed long before. The top line growth is there, but unfortunately management hasn't seemed to grasp the concept of earnings. This company has buyout candidate all over it. I just hope the buyout comes after a blowout back-to-school quarter, so we get $35-40 a share instead of $25-30 a share.

      Also, it's trading at 1.59 to book (Yahoo Finance), even cheaper than the 2 you quoted.

 
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