Skechers Usa Stock Today

SKX Stock  USD 59.77  0.84  1.39%   

Performance

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Odds Of Distress

Less than 3

 
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Skechers USA is trading at 59.77 as of the 21st of November 2024; that is 1.39 percent decrease since the beginning of the trading day. The stock's open price was 60.61. Skechers USA has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on September 18, 2024, Representative Michael McCaul of US Congress acquired under $15k worth of Skechers USA's common stock.
Business Domain
Consumer Durables & Apparel
IPO Date
9th of June 1999
Category
Consumer Cyclical
Classification
Consumer Discretionary
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. The company has 131.59 M outstanding shares of which 6.44 M shares are at this time shorted by investors with about 2.79 days to cover. More on Skechers USA

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Skechers Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanRobert Greenberg
Thematic Ideas
(View all Themes)
Business ConcentrationTextiles, Apparel & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, SP Midcap 400, Housewares, Office Supplies, Apparel, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Footwear & Accessories, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.731.06
Way Up
Slightly volatile
Gross Profit Margin0.350.4963
Way Down
Pretty Stable
Total Current Liabilities1.7 B1.7 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.6 B1.5 B
Sufficiently Up
Slightly volatile
Total Assets7.9 B7.5 B
Sufficiently Up
Slightly volatile
Total Current Assets4.2 BB
Sufficiently Up
Slightly volatile
Debt Levels
Skechers USA can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Skechers USA's financial leverage. It provides some insight into what part of Skechers USA's total assets is financed by creditors.
Liquidity
Skechers USA has 1.68 B in debt with debt to equity (D/E) ratio of 0.43, which is OK given its current industry classification. Skechers USA has a current ratio of 2.22, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Skechers to invest in growth at high rates of return.

Capital Expenditures

339.91 Million
Skechers USA (SKX) is traded on New York Stock Exchange in USA. It is located in 228 Manhattan Beach Boulevard, Manhattan Beach, CA, United States, 90266 and employs 9,200 people. Skechers USA is listed under Textiles, Apparel & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 9.02 B. Skechers USA runs under Textiles, Apparel & Luxury Goods sector within Consumer Discretionary industry. The entity has 131.59 M outstanding shares of which 6.44 M shares are at this time shorted by investors with about 2.79 days to cover. Skechers USA has about 615.73 M in cash with 1.23 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.93.
Check Skechers USA Probability Of Bankruptcy
Ownership Allocation
Skechers USA shows a total of 131.59 Million outstanding shares. The majority of Skechers USA outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Skechers USA to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Skechers USA. Please pay attention to any change in the institutional holdings of Skechers USA as this could imply that something significant has changed or is about to change at the company. Please note that on September 18, 2024, Representative Michael McCaul of US Congress acquired under $15k worth of Skechers USA's common stock.
Check Skechers Ownership Details

Skechers Stock Institutional Holders

InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2024-09-30
1.9 M
Bank Of America Corp2024-06-30
1.8 M
Amvescap Plc.2024-06-30
1.6 M
Arrowmark Colorado Holdings, Llc (arrowmark Partners)2024-06-30
1.6 M
Theleme Partners Llp2024-06-30
1.6 M
Bank Of New York Mellon Corp2024-06-30
1.5 M
Norges Bank2024-06-30
1.4 M
Charles Schwab Investment Management Inc2024-09-30
1.3 M
Aqr Capital Management Llc2024-06-30
1.3 M
Fmr Inc2024-09-30
19.9 M
Blackrock Inc2024-06-30
12.7 M
View Skechers USA Diagnostics

Skechers USA Historical Income Statement

At this time, Skechers USA's Total Other Income Expense Net is fairly stable compared to the past year. Net Income is likely to rise to about 573.1 M in 2024, despite the fact that Minority Interest is likely to grow to (91.4 M). View More Fundamentals

Skechers Stock Against Markets

Skechers USA Corporate Directors

Thomas WalshIndependent DirectorProfile
Richard SiskindLead Independent DirectorProfile
Katherine BlairIndependent DirectorProfile
David WeinbergCFO, COO, Principal Accounting Officer Executive VP and DirectorProfile

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.