The stock of Skechers U S A, Inc (SKX) has seen a -3.28% decrease in the past week, with a 7.94% gain in the past month, and a 17.88% flourish in the past quarter. The volatility ratio for the week is 2.63%, and the volatility levels for the past 30 days are at 2.88% for SKX. The simple moving average for the past 20 days is -0.10% for SKX’s stock, with a 8.76% simple moving average for the past 200 days.
Is It Worth Investing in Skechers U S A, Inc (NYSE: SKX) Right Now?
The price-to-earnings ratio for Skechers U S A, Inc (NYSE: SKX) is above average at 17.88x, Company’s 36-month beta value is 1.19.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for SKX is 128.95M, and currently, short sellers hold a 3.47% ratio of that floaft. The average trading volume of SKX on February 04, 2025 was 1.81M shares.
SKX) stock’s latest price update
Skechers U S A, Inc (NYSE: SKX) has experienced a decline in its stock price by -3.66 compared to its previous closing price of 75.34. However, the company has seen a fall of -3.28% in its stock price over the last five trading days. zacks.com reported 2025-01-30 that In the latest trading session, Skechers (SKX) closed at $78.24, marking a +1.97% move from the previous day.
Analysts’ Opinion of SKX
Many brokerage firms have already submitted their reports for SKX stocks, with Piper Sandler repeating the rating for SKX by listing it as a “Neutral.” The predicted price for SKX in the upcoming period, according to Piper Sandler is $65 based on the research report published on December 10, 2024 of the previous year 2024.
Morgan Stanley gave a rating of “Overweight” to SKX, setting the target price at $80 in the report published on July 23rd of the previous year.
SKX Trading at 4.88% from the 50-Day Moving Average
After a stumble in the market that brought SKX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.95% of loss for the given period.
Volatility was left at 2.88%, however, over the last 30 days, the volatility rate increased by 2.63%, as shares surge +7.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.43% upper at present.
During the last 5 trading sessions, SKX fell by -3.28%, which changed the moving average for the period of 200-days by +26.47% in comparison to the 20-day moving average, which settled at $72.65. In addition, Skechers U S A, Inc saw 7.94% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SKX starting from WEINBERG DAVID, who sale 8,219 shares at the price of $67.48 back on Dec 31 ’24. After this action, WEINBERG DAVID now owns 122,211 shares of Skechers U S A, Inc, valued at $554,607 using the latest closing price.
GREENBERG MICHAEL, the President of Skechers U S A, Inc, sale 10,274 shares at $67.48 during a trade that took place back on Dec 31 ’24, which means that GREENBERG MICHAEL is holding 149,327 shares at $693,275 based on the most recent closing price.
Stock Fundamentals for SKX
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.52 for the gross margin
The net margin for Skechers U S A, Inc stands at 0.07. The total capital return value is set at 0.14. Equity return is now at value 15.10, with 7.90 for asset returns.
Based on Skechers U S A, Inc (SKX), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.37. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is 155.19.
Currently, EBITDA for the company is 968.31 million with net debt to EBITDA at 0.73. When we switch over and look at the enterprise to sales, we see a ratio of 1.34. The receivables turnover for the company is 6.78for trailing twelve months and the total asset turnover is 1.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.96.
Conclusion
In a nutshell, Skechers U S A, Inc (SKX) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
