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Skechers U.S.A., Inc. (SKX)

NYSE - NYSE Delayed Price. Currency in USD
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45.22+0.22 (+0.49%)
At close: 4:00PM EDT
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  • L
    Lchaim54
    Sketcher's Blow Out Numbers
    Investor Business Daily-Stock of the day
    Two Buy Point53.89 close
    55.29 second entry

    53.24-also close of 52.89
    Also up to 55.97 entry point

    Analyst Ratings
    55 Low
    63,40-Average
    76-High
  • R
    RL
    I see the ambulance chasers are at it again... business is slow they could care less about us stockholders. Frivolous, assign them court cost !
  • K
    Kirk
    SMASHED EARNINGS
  • W
    Warren B
    TOMORROW SKX WILL BE OVER 60.00 EASYYY
  • K
    Kirk
    SKX SMASHED EARNINGS, WALLSTREET IS EXPECTING SKX TO BE UP OVER 60.00 BY MONDAY, EVEN GOLDMAN SACHS IS INVESTING INTO SKECHERS
  • l
    leo
    55.00 now!!!!
  • b
    bigbear
    The Street has been complaining about Net profit well SKX delivered on that, the "Net Profit number" was crushed; beat EPS number by .08 cents, or a 33 per-cent beat!!
    Way to go management, great job!!!! To all longs that held their shares, way to go!!!
  • M
    MarkSharky
    The The Bank of New York Mellon Corporation now owns 7.3 Million shares as of today's SG13 filing that was probably the big move last week. They acquired 5.4% of the company. Lets go SKX!
  • E
    End2War
    Solid compound growth since 2013. In the us, 12%, with 15% growth in number of pairs shipped (19M) from Q1 2018 vs 2017, but the real compound growth has been international, 20% since 2013, 26% for Q1, which is probably the best in the industry. The total growth in sales went from $3 B to $4 B in just 2 years, which is an accelerating rate of growth as they do 54% of the sales outside the US, and have a presence through subs, distributors and partners in 170 countries. This is a well established global brand that is growing strongly for 4 full years internationally. It achieved its highest sales for the Q1 at $1.25 B and this will likely continue as they push toward $5B. The specialists are pushing the stock down for their own reasons, but there are a lot of things to like about SKX's real financial and growth performance. It looks like a good value play right now, and the lower they drag the PPS, the greater the value, IMO. Some are selling here to others that are buying from them. Which ones are making the right choice?
  • R
    Rae Lynn
    Big drop in April after earnings report, tomorrow will be a good day!!!SKX will finally gain traction and keep climbing.......
  • J
    Jazenevd
    Price Target raised at UBS from 32 to 37. See it on marketwatch
  • M
    MarkSharky
    interesting Baron's article this could be the catalyst that proves to break Skechers out of its base and move to new highs.
  • j
    jonathanr
    why is there such a bias against SKX in the market? it seems a solid financially sound company with virtually no debt. and now china is on the upswing ...
  • M
    MarkSharky
    Record sales of $1.28 billion, an increase of 2.1 percent, or 5.2 percent on a constant currency basis

    International sales increased 9.3 percent, or 15.0 percent on a constant currency basis

    Earnings from operations of $165.9 million, an increase of 11.5 percent

    Operating margin increased to 13.0 percent
  • r
    rodrigoc
    SKX stock is for long-term holders, who can stomach volatility. The stock has been incredibly cheap and has great intrinsic value. Once SKX strategy switches from fast international sales growth to cash flow optimization, SKX will be north of $80/ share. Just be patient and give it a couple of years... actually, if you compare the SKX Price/Sales ratio to Nike's and look to SKX Sales growth vs SKX Earnings growth vs SKX Stock price performance in the last 5 years, you can taste some of the hidden value in this stock...
  • E
    End2War
    One of the issues that has been raised is SKX's plans to add 450 stores, in an age where sales by internet are on the rise. But, IMO, this is a very good strategy for SKX because, first, their year over year results showed same store sales improvements, if I recall correctly, of 6% so that is accretive to sales and profits. What critics of this strategy don't seem to take into account that shoe sales are very dependant on fit and providing more places for customers to try the shoes on is an overall positive both for the retail store sales and for follow on internet sales. If they can lay out attractive stores, they can also expand sales into accessories and apparel, which is what their stores are doing. This is part of a growth strategy that helps the public become more and more aware of the SKX offerings which are key to continued success with growing sales. I personally think they know what they are doing, and it will pay off.
  • r
    robert
    No need to be alarmed folks...this is merely profit taking after a huge run. SKX will be back in the 50s later this week. We still have a lot more upside from here...SKX worldwide is still operating at a fraction of its full capacity. Once stores in Europe reopen we are talking a huge move to the upside. No fear on dips.
  • r
    robert
    Did some heavy research on this company yesterday and I feel it is undervalued at these levels. Demand for their shoes is huge and I own Nike. I feel like Skechers has a bright future. I think investing now will be rewarding later on down the line.
  • j
    jim
    SKX vs. NKE: Which Stock Should Value Investors Buy Now?
    Zacks
    Zacks Equity Research
    ZacksAugust 13, 2019
    Is Matthews China Fund (MCHFX) a Strong Mutual Fund Pick Right Now?
    Investors interested in Shoes and Retail Apparel stocks are likely familiar with Skechers (SKX) and Nike (NKE). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.

    The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

    Skechers and Nike are sporting Zacks Ranks of #1 (Strong Buy) and #4 (Sell), respectively, right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that SKX has an improving earnings outlook. However, value investors will care about much more than just this.

    Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.

    Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.

    SKX currently has a forward P/E ratio of 14.54, while NKE has a forward P/E of 28.12. We also note that SKX has a PEG ratio of 0.97. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. NKE currently has a PEG ratio of 2.16.

    Another notable valuation metric for SKX is its P/B ratio of 2.17. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, NKE has a P/B of 14.20.

    These are just a few of the metrics contributing to SKX's Value grade of A and NKE's Value grade of F.

    SKX is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that SKX is likely the superior value option right now.
  • b
    bigbear
    Good article on Shechers in the Wall Street Journal; a few copy and paste comments below.
    The decidedly uncool footwear company’s shares produced a total return of 836% from 2012 to 2017. That was 3½, 4½ and 14 times the performance of Adidas , Nike and Under Armour , respectively.
    Skechers won a devoted following by focusing more on comfort and less on style and glitz. In the U.S., it is the top brand for walking, work shoes and women’s casual lifestyle shoes. It also traditionally has done well with children, though not teens, and its shoes are thought of as offering good value for money.
    Now my comments, bought 3 pair yesterday, the most comfortable shoes I ever put on my feet. I'm 69 and noticed some of their people that advertise for them on TV are older guys like me, Howie Long for one, Matt Kucher another. The shoes are light and look great! Check them out, also had plenty of wide fit for the older guys.
    Long and strong, good luck to all!