Skechers U S A, Inc (NYSE:SKX)’s traded shares stood at 3.62 million during the last session, with the company’s beta value hitting 1.06. At the close of trading, the stock’s price was $48.02, to imply a decrease of -1.36% or -$0.66 in intraday trading. The SKX share’s 52-week high remains $78.85, putting it -64.2% down since that peak but still an impressive 7.33% since price per share fell to its 52-week low of $44.50. The company has a valuation of $7.23B, with an average of 4.23 million shares in intraday trading volume over the past 10 days and average of 3.39 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Skechers U S A, Inc (SKX), translating to a mean rating of 1.53. Of 15 analyst(s) looking at the stock, 0 analyst(s) give SKX a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 13 recommend it as a Buy.
Skechers U S A, Inc (NYSE:SKX) trade information
After registering a -1.36% downside in the last session, Skechers U S A, Inc (SKX) has traded red over the past five days. The 5-day price performance for the stock is -1.76%, and -15.43% over 30 days. With these gigs, the year-to-date price performance is -28.58%. Short interest in Skechers U S A, Inc (NYSE:SKX) saw shorts transact 5.65 million shares and set a 1.6 days time to cover.
The extremes give us $53 and $85 for target low and target high price respectively. As such, SKX has been trading -77.01% off suggested target high and -10.37% from its likely low.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 13.08% for the past 5-year period. While 2025 is set for a -14.49% return in earnings, projections for the next 5 years are at 0.09% annually.
SKX Dividends
Skechers U S A, Inc has its next earnings report out on 2025-Apr-23. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Skechers U S A, Inc (NYSE:SKX)’s Major holders
Skechers U S A, Inc insiders hold 0.62% of total outstanding shares, with institutional holders owning 96.24% of the shares at 96.84% float percentage. In total, 96.24% institutions holds shares in the company, led by FMR LLC. As of 2024-06-30, the company held over 19.86 million shares (or 13.0222% of shares), all amounting to roughly $1.37 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 12.73 million shares, or about 8.3448% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $879.63 million.
We also have Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund and iShares Trust-iShares Core S&P Mid-Cap ETF as the top two Mutual Funds with the largest holdings of the Skechers U S A, Inc (SKX) shares. Going by data provided on Feb 28, 2025 , Fidelity Mt. Vernon Street Trust-Fidelity Growth Company Fund holds roughly 6.29 shares. This is just over 4.79% of the total shares, with a market valuation of $301.96 million. Data from the same date shows that the other fund manager holds a little less at 4.3, or 3.28% of the shares, all valued at about 206.4 million.
