|Bid||43.30 x 1000|
|Ask||43.32 x 1100|
|Day's Range||42.42 - 43.45|
|52 Week Range||31.28 - 49.89|
|Beta (5Y Monthly)||1.28|
|PE Ratio (TTM)||9.77|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Footwear brands and retailers are reporting Q1 results. Stay on top of all the earnings news here.
Raymond James analyst Rick Patel reiterated an Outperform rating on the shares of Skechers USA Inc (NYSE: SKX) and raised the price target from $40 to $48. The analyst continues to believe margins are positioned for strong expansion in 2023. He thinks the underlying demand for SKX remains healthy, and sees significant margin recapture opportunity in 2023. Skechers entered Q4 with excess inventory and was planning to lean into promotions to work through inventory. Promotions are "stoking activity
Skechers U.S.A (NYSE:SKX) has had a great run on the share market with its stock up by a significant 12% over the last...