In today’s recent session, 2.21 million shares of the Skechers U S A, Inc (NYSE:SKX) have been traded, and its beta is 1.14. Most recently the company’s share price was $62.03, and it changed around $0.0 or 0.00% from the last close, which brings the market valuation of the company to $9.28B. SKX at last check was trading at a discount to its 52-week high of $78.85, offering almost -27.12% off that amount. The share price’s 52-week low was $44.50, which indicates that the recent value has risen by an impressive 28.26% since then. We note from Skechers U S A, Inc’s average daily trading volume that its 10-day average is 6.65 million shares, with the 3-month average coming to 6.45 million.
Skechers U S A, Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.44. If we narrow it down even further, the data shows that 0 out of 24 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 10 recommended SKX as a Hold, whereas 10 deemed it a Buy, and 0 rated it as Underweight.
Skechers U S A, Inc (NYSE:SKX) trade information
The performance over the last five days has remained in the red territory. The rise to weekly highs of 62.15 on recent trading dayincreased the stock’s daily price by 0.19%. The company’s shares are currently down -7.75% year-to-date, but still down -0.05% over the last five days. On the other hand, Skechers U S A, Inc (NYSE:SKX) is 28.93% up in the 30-day period. We can see from the shorts that 3.74 million shares have been sold at a short interest cover period of 0.34 day(s).
The consensus price target as assigned by Wall Street analysts is $64, which translates to bulls needing to increase their stock price by 3.08% from its current value. Analyst projections state that SKX is forecast to be at a low of $63 and a high of $85.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 13.08%. Skechers U S A, Inc earnings are expected to increase by -11.85% in 2025, but the outlook is positive 0.08% per year for the next five years.
SKX Dividends
Skechers U S A, Inc’s next quarterly earnings report is expected to be released on 2025-Apr-23.
Skechers U S A, Inc (NYSE:SKX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.60% of Skechers U S A, Inc shares, and 99.83% of them are in the hands of institutional investors. The stock currently has a share float of 100.43%. Skechers U S A, Inc stock is held by 639.0 institutions, with FMR LLC being the largest institutional investor. By 2024-06-30, it held 13.0222% of the shares, which is about 19.86 million shares worth $1.37 billion.
BLACKROCK INC., with 8.3448% or 12.73 million shares worth $879.63 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund and iShares Trust-iShares Core S&P Mid-Cap ETF were the top two Mutual Funds as of Mar 31, 2025 . The former held 6.21 shares worth $385.43 million, making up 4.77% of all outstanding shares. On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF held roughly 4.26 shares worth around $264.27 million, which represents about 3.27% of the total shares outstanding.
