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 $53.28, up 3.28% from the previous day, and has increased 29.32% in one year. It has underperformed other stocks in the Footwear & Accessories industry by 0.02 percentage points. Skechers Usa stock is currently +70.33% from its 52-week low of $31.28, and -2.72% from its 52-week high of $54.77.
As of Jun 6, 2023, there are 154.73M shares of SKX outstanding. The market capitalization of SKX is $8.24B. In the past 24 hours, 2.42M SKX shares were traded.
You will need a brokerage account in order to access the NYSE market and buy SKX shares.
In our opinion, eToro is the best online stock brokerage. eToro gives you:
Get $10 towards your share purchase by signing up for an account with eToro today.Open eToro 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.
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.
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.
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.
Investors use many financial metrics, analyses, models, and charts to gauge SKX's intrinsic value.
Using relative valuations metrics:
You can access more valuation analysis on SKX's stock here.
Out of 8 Equities analysts who give ratings on SKX, the consensus analyst rating on SKX is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Tom Nikic, a bottom 13% analyst from Wedbush maintains SKX with a buy rating and raises their SKX price target from $54.00 to $58.00, on Apr 28, 2023.
Rick Patel, a top 1% analyst from Raymond James maintains SKX with a buy rating and raises their SKX price target from $55.00 to $58.00, on Apr 28, 2023.
Gabriella Carbone, a bottom 4% analyst from Deutsche Bank maintains SKX with a strong buy rating and raises their SKX price target from $56.00 to $57.00, on Apr 28, 2023.
Alex Straton, a top 22% analyst from Morgan Stanley maintains SKX with a hold rating and raises their SKX price target from $46.00 to $48.00, on Apr 28, 2023.
Jay Sole, a top 10% analyst from UBS maintains SKX with a strong buy rating and lowers their SKX price target from $69.00 to $60.00, on Mar 29, 2023.
You can dive deeper into what analysts are projecting on the Skechers Usa stock forecast page.
Last year, SKX earnings were $412.25M. During the last 5 year, SKX's earnings have grown by 15.49% per year. This was slower than the Footwear & Accessories industry average of 31.6%.
Last year, SKX revenue was $7.63B. During the past 5 year, SKX's revenue has increased by 11.93% per year. This was faster than the Footwear & Accessories industry average of 8.73%.
You can analyze SKX's earnings and revenue performance here.
In the past 12 months, insiders at SKX have sold more shares than they have bought.
Katherine J. Blair, Director of SKX, was the latest SKX insider to sell. They sold $184,450.00 worth of SKX shares on May 8, 2023.
Learn more about who owns SKX shares here.
No, Skechers Usa doesn't provide an income stream by paying out dividends.
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
You have two primary order types:
Click the Open button and your broker will execute your order.
If you want additional help with buying stocks on eToro, watch the how to video below:
Now that you own some shares in SKX, you'll want to keep up with your investment.
Start a watchlist to keep tabs on your SKX stock.
To reiterate, here are the 6 steps to buy Skechers Usa stock:
If you require a online brokerage, eToro is our recommended option.Get Started with eToro Today
If you want to get updates on your investment in Skechers Usa, create a watchlist today.
How much does it cost to buy one Skechers Usa share?
Is now a good time to buy Skechers Usa stock?
What is the best way to buy Skechers Usa stock?