How to Buy Skechers Usa Stock
Skechers Usa Inc
Skechers Usa is a shoe company located in California, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker SKX on the NYSE exchange.
Skechers Usa stock last closed at $48.02, down 1.36% from the previous day, and has decreased 27.3% in one year. It has underperformed other stocks in the Footwear & Accessories industry by 0 percentage points. Skechers Usa stock is currently +7.91% from its 52-week low of $44.50, and -39.1% from its 52-week high of $78.85.
As of Apr 30, 2025, there are 149.35M shares of SKX outstanding. The market capitalization of SKX is $7.17B. In the past 24 hours, 3.61M SKX shares were traded.
How to Buy Skechers Usa Stock
Wondering how to invest in Skechers Usa stock? Here's how.
- Figure out where to buy Skechers Usa stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Skechers Usa stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your info.
- Research Skechers Usa stock: The Skechers Usa ticker symbol is SKX. Is Skechers Usa stock a good investment? Should you buy shares of SKX? How do SKX's underlying business fundamentals look? Do top analysts think Skechers Usa is a good buy? Why has SKX's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if SKX is a good stock to buy).
- Place your SKX trade: Decide if you will purchase SKX shares at the current market price or use a limit order to purchase SKX stock at a specific price.
- Get updates on your investment in SKX: Create a watchlist to get the latest news on your position in Skechers Usa stock.
Step 1: Figure out where to buy Skechers Usa stock
You will need a brokerage account in order to access the NYSE market and buy SKX shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal information so you can invest in SKX stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to open your new trading account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have opened your account on apps for stocks, your next step is to transfer the money for your investment:
Check out the walkthrough below to see the process of depositing money into your investment account.
Step 4: Research Skechers Usa stock
After you have chosen the best place to buy Skechers Usa stock, it's absolutely critical to evaluate their stock before you buy, so you can understand the risk and opportunity.
Skechers Usa quick stats
Skechers Usa Overview
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on SKX's stock page.
Is SKX stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge SKX's intrinsic value.
Using relative valuations metrics:
- SKX may be undervalued based on its P/E ratio of 11.41x, relative to Footwear & Accessories industry P/E ratio of 23.48x
- SKX may be undervalued based on its P/B ratio of 1.68x, relative to Footwear & Accessories industry P/B ratio of 4.82x
You can access additional valuation research on SKX's stock here.
SKX Financial Health Summary
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the SKX balance sheet.
- Total SKX debt is lower than 5 years ago, relative to shareholder equity.
- SKX earnings of $787.61M is not sufficient to cover its interest payments.
- SKX profit margin has gone up from 6.8% to 7.1% in the past year.
- There are more short-term assets than long-term liabilities on the SKX balance sheet.
- SKX's operating cash flow of $687.39M allows it to safely service it's debt of $1.93B.
Negative Health Checks:
- SKX has a relatively high debt to equity ratio of 0.85.
Is it a good time to buy Skechers Usa stock, according to Wall Street analysts?
Out of 10 Wall Street analysts who give forecasts on SKX, the consensus analyst rating on Skechers Usa is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest SKX Analyst Recommendations
Jim Duffy, a top 7% analyst from Stifel Nicolaus maintains SKX with a strong buy rating and lowers their SKX price target from $80.00 to $62.00, on Apr 10, 2025.
Christopher Nardone, a bottom 18% analyst from Bank of America maintains SKX with a strong buy rating and lowers their SKX price target from $76.00 to $70.00, on Mar 24, 2025.
Rick Patel, a top 2% analyst from Raymond James maintains SKX with a buy rating and lowers their SKX price target from $80.00 to $75.00, on Feb 7, 2025.
John Kernan, a top 12% analyst from TD Cowen maintains SKX with a strong buy rating and raises their SKX price target from $88.00 to $93.00, on Jan 8, 2025.
TD Cowen's John Kernan raised their price target on Skechers Usa (NYSE: SKX) by 5.7% from $88 to $93 on 2025/01/08. The analyst maintained their Strong Buy rating on the stock.
Kernan offered a 2025 preview of names in their Sevices (Softline Retail) portfolio, saying they see a "constructive setup with narratives of momentum and turnaround opportunities."
Companies that are "best positioned relative to consensus estimates and investor sentiment," according to the analyst, include:
Anna Andreeva, a bottom 3% analyst from Piper Sandler assumes SKX with a hold rating and announces their SKX price target of $65.00, on Dec 10, 2024.
You can dive deeper into what analysts are forecasting on the Skechers Usa stock forecast page.
SKX Technical Indicators
SKX Performance Numbers
Last year, SKX earnings were $639.47M. During the last five year, SKX's earnings have grown by 13.25% per year. This was slower than the Footwear & Accessories industry average of 30.3%.
Last year, SKX revenue was $8.97B. In the last 5 year, SKX's revenue has grown by 11.43% per year. This was slower than the Footwear & Accessories industry average of 12.67%.
You can analyze SKX's earnings and revenue performance here.
Latest Insiders Trades at SKX
Over the past 12 months, insiders at SKX have sold more shares than they have bought.
Phillip Paccione, General Counsel Secretary of SKX, was the latest SKX insider to sell. They sold $622,590.22 worth of SKX stock on Mar 4, 2025.
Research more about who owns SKX shares here.
Can I rely on SKX as an income stream?
No, Skechers Usa doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your SKX trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you need additional help with investing in stocks on eToro, click the helpful video below:
Step 6: Get updates on your investment in SKX
Now that you own some shares in SKX, you'll want to stay up-to-date on your shares.
Start a watchlist to track the latest developments regarding your SKX stock.
SKX Feed
How to Buy Stock in Skechers Usa
To reiterate, here are the 6 steps for buying Skechers Usa stock:
- Figure out where to buy Skechers Usa stock
- Open your brokerage account
- Fund your investment account
- Research Skechers Usa stock
- Place your SKX trade
- Get updates on your investment in SKX
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your investment in Skechers Usa, create a watchlist today.
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