SKX - Skechers U.S.A., Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
29.82
+0.05 (+0.17%)
As of 10:47AM EDT. Market open.
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Previous Close29.77
Open29.80
Bid29.80 x 1300
Ask29.82 x 800
Day's Range29.28 - 30.15
52 Week Range21.45 - 35.66
Volume926,523
Avg. Volume2,448,369
Market Cap4.692B
Beta (3Y Monthly)1.29
PE Ratio (TTM)15.91
EPS (TTM)1.87
Earnings DateJul 17, 2019 - Jul 22, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est35.70
Trade prices are not sourced from all markets
  • Skechers GO GOLF® Elite Athlete Brooke Henderson Wins Lotte Championship for Second Year in a Row
    Business Wire17 hours ago

    Skechers GO GOLF® Elite Athlete Brooke Henderson Wins Lotte Championship for Second Year in a Row

    Skechers elite golfer Brooke Henderson swung her way to victory at the Lotte Championship on Saturday, winning for the second straight year at the Ko Olina Golf Club in Kapolei, Hawaii. Competing in Skechers GO GOLF, Henderson won by four shots, finishing sixteen under par to achieve her eighth LPGA title, tying for the most wins by a Canadian in the LPGA or PGA Tours.

  • Skechers Stock Will Find Footing Soon, But Is It a Trap?
    InvestorPlaceyesterday

    Skechers Stock Will Find Footing Soon, But Is It a Trap?

    On Thursday before the long weekend, Skechers (NYSE:SKX) reported earnings and Wall Street hated what it saw. The stock tumbled as much 16% on the headline in the after-hours session. Luckily, Sketchers stock came into the earnings up 38% for the year, so this is merely a setback for those who are already long SKX. But today, we consider if this is a good time to catch the falling knife.Source: McArthurGlen Designer Outlet via FlickrSkechers' earnings report was not a disaster but definitely lacked any good news to buy on. SKX missed on sales, but it managed its expenses to meet the bottom line.The company CFO John Vandemore blamed challenging global conditions for the miss, but in retail it's easy to find excuses, so Skechers should just own up to its failings. However, it is not clear if those conditions are temporary or ongoing, and that is worrisome.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSKX is a momentum stock and those are tough to trade. Thursday's red candle was too big and deserves respect. Usually, these are not one-day events, meaning the selling could persist for another few days … this is compounded by a prior open gap down to $28 per share. * 7 Companies That Are Closing the CEO-Worker Wage Gap While not every gap fills, most do. If that happens here, SKX stock would have completely erased all good news from its last earnings report. In theory, this is a natural place to start buying … but this trade isn't without a ton of risk. Trading Skechers StockSKX stock has been stuck in a horizontal channel since 2015. And as SKX falls into this potential support zone, it also falls back into the clutch of a swamp zone. Sure, it has had its shining moments, but it always comes crashing back to its range of $26 per share.Holding Sketchers stock for the long-term requires too much patience for most investors. Luckily, management has been fiscally responsible, which places a decent bottom below.Fundamentally, SKX stock is not bloated. It sells at a 16 price-earnings (P/E) ratio, on par with sales and 2.4 times its book value. But while this is comforting, it alone is not a reason to buy Skechers stock for upside appreciation. To initiate a new position here, it would need to be tactical and for a specific reason.Technically, there are short-term levels to trade, as SKX stock has support brewing around $26.70 per share. This is a level where bulls and bears have recently agreed on value. So they are likely to fight it out and that creates price congestion. This will be support on the way down.So if I own SKX shares already, I would not exit now until the zone fails.Even if the initial support fails, there will be more below it to $24 per share. Conversely, don't start to chase it upward until it breaches $29 per share first, then $32. Some like to catch the dead cat bounces, but that is not reason enough. Bottom Line on SKXTo summarize, the current earnings debacle in SKX stock is not a disaster going forward. But this brings Skechers stock back into the clutches of a trap zone that is four years old. I expect SKX to find footing soon, so there is no reason to panic out of it, especially since retail spending is so hot. What's more, Wall Street experts agree as SKX trades well below their average price targets.Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Companies That Are Closing the CEO-Worker Wage Gap * 7 Video Game ETFs That Will Make You a Winner Compare Brokers The post Skechers Stock Will Find Footing Soon, But Is It a Trap? appeared first on InvestorPlace.

  • Thomson Reuters StreetEventsyesterday

    Edited Transcript of SKX earnings conference call or presentation 18-Apr-19 12:30pm GMT

    Q1 2019 Skechers USA Inc Earnings Call

  • After a Disappointing 2019 Sendoff, Overseas Is Still the Sweet Spot for Skechers
    Motley Fool2 days ago

    After a Disappointing 2019 Sendoff, Overseas Is Still the Sweet Spot for Skechers

    Don’t sweat the results for this shoemaker, we’ve seen this story before.

  • Skechers' Share Buybacks Aren't Enough
    Motley Fool3 days ago

    Skechers' Share Buybacks Aren't Enough

    The company’s mountain of cash continues to sit idle.

  • Skechers Faces Challenging Conditions to Start the Year
    Motley Fool4 days ago

    Skechers Faces Challenging Conditions to Start the Year

    While the international business performed well, the domestic wholesale business did not.

  • Skechers USA Inc (SKX) Q1 2019 Earnings Call Transcript
    Motley Fool5 days ago

    Skechers USA Inc (SKX) Q1 2019 Earnings Call Transcript

    SKX earnings call for the period ending March 31, 2019.

  • Associated Press5 days ago

    Union Pacific, Canopy move higher but Alcoa, Skechers fall

    Lower prices pushed the aluminum products maker to a first quarter loss and the results fell short of forecasts. The equipment rental company's first quarter profit and revenue beat forecasts on gains across geographic regions. The shoe company's first quarter sales fell short of forecasts and it issued a weak revenue outlook for the year.

  • Why Sleep Number, Skechers, and Atlassian Slumped Today
    Motley Fool5 days ago

    Why Sleep Number, Skechers, and Atlassian Slumped Today

    These stocks were left out of the broader market's rally.

  • Skechers’s Margins in the First Quarter: Must-Knows
    Market Realist5 days ago

    Skechers’s Margins in the First Quarter: Must-Knows

    Skechers Stocks Plummets as Q1 Results Don't Meet Expectations(Continued from Prior Part)Margins in the first quarterSkechers (SKX) sales grew 2.1% to $1.28 billion in the first quarter of 2019 while adjusted EPS declined 5.3% to $0.71, owing to

  • Skechers Fails to Impress in Another Volatile Quarter
    Motley Fool5 days ago

    Skechers Fails to Impress in Another Volatile Quarter

    The leading walking-footwear specialist offers up its weakest top-line growth in nearly seven years.

  • Skechers Stocks Plummets as Q1 Results Don’t Meet Expectations
    Market Realist5 days ago

    Skechers Stocks Plummets as Q1 Results Don’t Meet Expectations

    Skechers Stocks Plummets as Q1 Results Don't Meet ExpectationsSkechers’s Q1 results disappoint Skechers stock was down 10.5% as of 1:32 pm ET today as the company missed analysts’ sales and earnings estimates for the first quarter of 2019.

  • Skechers Earnings: SKX Stock Slides on Disappointing Q1 Revenue
    InvestorPlace5 days ago

    Skechers Earnings: SKX Stock Slides on Disappointing Q1 Revenue

    Skechers earnings for the first quarter of 2019 have SKX stock falling hard on Thursday.Source: Shutterstock Skechers (NYSE:SKX) reported earnings per share of 71 cents for the first quarter of the year. This is a drop when compared to the company's earnings per share of 75 cents from the same time last year. It was also a blow to SKX stock by missing Wall Street's earnings per share estimate of 72 cents for the quarter.Net income reported in the Skechers earnings release for the first quarter of 2019 comes in at $108.80 million. That's down from the company's net income of $117.70 million reported in the first quarter of 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOperating income from the Skechers earnings report for the first quarter of the year was $169.50 million. The U.S. maker of shoes reported operating income of $148.80 million in the same period of the year prior.The Skechers earnings report for the first quarter of 2019 also includes revenue of $1.28 billion. This is better than the company's revenue of $1.25 billion reported in the first quarter of the previous year. However, it was bad news for SKX stock by coming in below analysts' revenue estimate of $1.30 billion for the period. * 5 Dividend Stocks Perfect for Retirees The most recent Skechers earnings report also includes its outlook for the second quarter of 2019. It is expecting earnings per share between 30 cents and 35 cents on revenue ranging from $1.200 billion to $1.225 billion. Wall Street is looking for earnings per share and revenue of 38 cents and $1.23 billion for the quarter.SKX stock was down 10% as of Thursday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Skechers Earnings: SKX Stock Slides on Disappointing Q1 Revenue appeared first on InvestorPlace.

  • Why Skechers Stock Tumbled Today
    Motley Fool5 days ago

    Why Skechers Stock Tumbled Today

    A growth slowdown has the market worried.

  • Skechers (SKX) Q1 Earnings Decline Y/Y, Revenues Increase
    Zacks5 days ago

    Skechers (SKX) Q1 Earnings Decline Y/Y, Revenues Increase

    Skechers' (SKX) shares are down following first-quarter 2019 results, possibly due to the third successive quarter of sales miss and soft second-quarter earnings view.

  • Is Skechers U.S.A. (SKX) Stock Outpacing Its Consumer Discretionary Peers This Year?
    Zacks5 days ago

    Is Skechers U.S.A. (SKX) Stock Outpacing Its Consumer Discretionary Peers This Year?

    Is (SKX) Outperforming Other Consumer Discretionary Stocks This Year?

  • TheStreet.com5 days ago

    Skechers Shares Crater After Footwear Maker Misses Earnings Estimates

    Earnings per share were 71 cents in the first quarter, missing Wall Street estimates of an adjusted 73 cents. "The momentum we experienced in 2018 is continuing as we again achieved a new quarterly sales record in the first quarter of 2019," said Robert Greenberg, CEO.

  • MarketWatch5 days ago

    Skechers shares sink after earnings miss and weak guidance

    Skechers USA Inc. shares sank 12.1% after the shoes and accessories brand reported a first-quarter earnings and sales miss and weak guidance. Net income totaled $108.8 million, or 71 cents per share, down from $117.7 million, or 75 cents per share, last year. Revenue totaled $1.28 billion, a record, according to the company, up from $1.25 billion last year. The FactSet consensus was for EPS of 73 cents and revenue of $1.30 billion. For the second quarter, the company expects sales in the range of $1.200 billion to $1.225 billion, and EPS of 30 cents to 35 cents. The FactSet expectation is for sales of $1.23 billion and EPS of 39 cents. Skechers shares have rallied more than 54% for the year to date, outpacing the S&P 500 index , which is up 15.7%.

  • Associated Press5 days ago

    Skechers: 1Q Earnings Snapshot

    The Manhattan Beach, California-based company said it had net income of 71 cents per share. Earnings, adjusted for non-recurring costs, came to 73 cents per share. The results beat Wall Street expectations. ...

  • Business Wire5 days ago

    Skechers Achieves New Quarterly Sales Record

    SKECHERS USA, Inc. , a global footwear leader, today announced financial results for the first quarter ended March 31, 2019.

  • Investing.com5 days ago

    Skechers Sinks Midday on Sketchy Guidance

    Investing.com - Shoe company Skechers fell sharply midday following disappointing profit and sales guidance.

  • TheStreet.com6 days ago

    Rolling the Dice With Skechers

    The short float has dramatically decreased over the years which may be the cause for the lower than expected volatility priced into this week's earnings report, but with the tight weekly technical setup I still believe we see a big move. While it would be covered with the May position, it does require more care.

  • Deckers (DECK) Hits 52-Week High: Will the Uptrend Continue?
    Zacks6 days ago

    Deckers (DECK) Hits 52-Week High: Will the Uptrend Continue?

    Deckers (DECK) is likely to sustain its momentum on the back of strategic endeavors and robust performance in all its brands, except Sanuk.

  • A Glance at Skechers’s Valuation before Its Q1 Results
    Market Realist6 days ago

    A Glance at Skechers’s Valuation before Its Q1 Results

    Will Skechers's Q1 Results Help the Stock Keep Up Its Strong Run?(Continued from Prior Part)Valuation compared to peers As of April 15, Skechers (SKX) was trading at a 12-month forward PE ratio of 16.2x. Skechers is currently trading at a lower

  • Why Skechers’s Earnings Are Expected to Fall in Q1
    Market Realist6 days ago

    Why Skechers’s Earnings Are Expected to Fall in Q1

    Will Skechers's Q1 Results Help the Stock Keep Up Its Strong Run?(Continued from Prior Part)Earnings versus expectations Skechers (SKX) has beaten analysts’ expectations in six of the past eight quarters. The company’s EPS, excluding one-time