Skechers U S A, Inc [NYSE: SKX] jumped around 0.57 points on Tuesday, while shares priced at $48.68 at the close of the session, up 1.18%.
Compared to the average trading volume of 3.35M shares, SKX reached a trading volume of 4584095 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Skechers U S A, Inc [SKX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SKX shares is $60.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SKX stock is a recommendation set at 1.53. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Monness Crespi & Hardt have made an estimate for Skechers U S A, Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 25, 2025. While these analysts kept the previous recommendation, Piper Sandler raised their target price to Neutral. The new note on the price target was released on December 10, 2024, representing the official price target for Skechers U S A, Inc stock. On July 23, 2024, analysts increased their price target for SKX shares from 60 to 80.
The Average True Range (ATR) for Skechers U S A, Inc is set at 2.92, with the Price to Sales ratio for SKX stock in the period of the last 12 months amounting to 0.80. The Price to Book ratio for the last quarter was 1.70, with the Price to Cash per share for the same quarter was set at 7.31. Price to Free Cash Flow for SKX in the course of the last twelve months was 27.07 with Quick ratio for the last quarter at 1.28.
How has SKX stock performed recently?
Skechers U S A, Inc [SKX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.35. With this latest performance, SKX shares dropped by -14.61% in over the last four-week period, additionally sinking by -21.01% over the last 6 months – not to mention a drop of -17.24% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SKX stock in for the last two-week period is set at 43.00, with the RSI for the last a single of trading hit 45.91, and the three-weeks RSI is set at 41.56 for Skechers U S A, Inc [SKX]. The present Moving Average for the last 50 days of trading for this stock 55.22, while it was recorded at 48.79 for the last single week of trading, and 63.53 for the last 200 days.
Skechers U S A, Inc [SKX]: Deeper insight into the fundamentals
Skechers U S A, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.28 and a Current Ratio set at 2.13.
Earnings analysis for Skechers U S A, Inc [SKX]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SKX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Skechers U S A, Inc go to 1.15%.
Insider trade positions for Skechers U S A, Inc [SKX]
There are presently around $96.28%, or 96.88%% of SKX stock, in the hands of institutional investors. The top three institutional holders of SKX stocks are: FMR LLC with ownership of 19.86 million shares, which is approximately 13.0222%. BLACKROCK INC., holding 12.73 million shares of the stock with an approximate value of $$879.63 million in SKX stocks shares; and BLACKROCK INC., currently with $$866.35 million in SKX stock with ownership which is approximately 8.2189%.
