Skechers U S A, Inc (SKX): A Great Stock For Handling Current Market Conditions?

Currently, there are 150.50M common shares owned by the public and among those 130.37M shares have been available to trade.

The company’s stock has a 5-day price change of 1.35% and -36.60% over the past three months. SKX shares are trading -27.60% year to date (YTD), with the 12-month market performance down to -17.24% lower. It has a 12-month low price of $44.50 and touched a high of $78.85 over the same period. SKX has an average intraday trading volume of 3.35 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.54%, -11.85%, and -23.37% respectively.

Institutional ownership of Skechers U S A, Inc (NYSE: SKX) shares accounts for 82.63% of the company’s 150.50M shares outstanding.

It has a market capitalization of $7.33B and a beta (3y monthly) value of 1.07. The stock’s trailing 12-month PE ratio is 11.70, while the earnings-per-share (ttm) stands at $4.16. The company has a PEG of 10.18 and a Quick Ratio of 1.28 with the debt-to-equity ratio at 0.48. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.74% over the week and 6.78% over the month.

Earnings per share for the fiscal year are expected to decrease by -13.85%, and 5.83% over the next financial year. EPS should shrink at an annualized rate of 1.15% over the next five years, compared to 13.08% over the past 5-year period.

Looking at the support for the SKX, a number of firms have released research notes about the stock. Monness Crespi & Hardt stated their Buy rating for the stock in a research note on April 25, 2025, with the firm’s price target at $85-$70. Piper Sandler coverage for the Skechers U S A, Inc (SKX) stock in a research note released on December 10, 2024 offered a Neutral rating with a price target of $65. Needham was of a view on November 22, 2024 that the stock is Hold, while Morgan Stanley gave the stock Overweight rating on July 23, 2024, issuing a price target of $60- $80. BofA Securities on their part issued Buy rating on June 07, 2024.

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