During the recent session, Skechers U S A, Inc. (NYSE:SKX)’s traded shares were 2.12 million, with the beta value of the company hitting 1.33. At the last check today, the stock’s price was $68.84, reflecting an intraday gain of 17.04% or $10.02. The 52-week high for the SKX share is $65.17, that puts it up 5.33 from that peak though still a striking 33.79% gain since the share price plummeted to a 52-week low of $45.58. The company’s market capitalization is $10.55B, and the average trade volume was 1.76 million shares over the past three months.
Skechers U S A, Inc. (NYSE:SKX) trade information
Skechers U S A, Inc. (SKX) registered a 17.04% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 17.04% in intraday trading to $68.84, hitting a weekly high. The stock’s 5-day price performance is 22.04%, and it has moved by 13.11% in 30 days. Based on these gigs, the overall price performance for the year is 37.62%.
Skechers U S A, Inc. (SKX) estimates and forecasts
Statistics show that Skechers U S A, Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Skechers U S A, Inc. (SKX) shares have gone up 43.54% during the last six months, with a year-to-date growth rate more than the industry average at 9.17% against 8.70. In the rating firms’ projections, revenue will increase 9.90% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.21B as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 2.21B by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 12.67%. While earnings are projected to return 18.62% in 2024, the next five years will return 15.20% per annum.
SKX Dividends
Skechers U S A, Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
