Skechers U S A, Inc (NYSE:SKX) shares, rose in value, with the stock price down by -0.21% to the previous day’s close as strong demand from buyers drove the stock to $63.02.
Actively observing the price movement in the recent trading, the stock is buoying the session at $63.15, falling within a range of $63.02 and $63.13. The value of beta (5-year monthly) is 1.137 whereas the PE ratio is 15.16 over 12-month period. Referring to stock’s 52-week performance, its high was $78.85, and the low was $44.50. On the whole, SKX has fluctuated by 0.70% over the past month.
With the market capitalization of Skechers U S A, Inc currently standing at about $9.43 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 9.58B, with a low estimate of 2.3B and a high estimate of 2.38B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.35B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SKX’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 189.54, with the price of SKX currently trading nearly 0.18% and 2.40% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 64.11, while the 7-day volatility ratio is showing 0.35% which for the 30-day chart, stands at 0.34%. Furthermore, Skechers U S A, Inc (SKX)’s beta value is 1.17.
A comparison of Skechers U S A, Inc (SKX) with its peers suggests the former has fared considerably weaker in the market. SKX showed an intraday change of -0.21% in today’s session so far, and over the past year, it shrunk by -6.28%%.
Data on historical trading for Skechers U S A, Inc (NYSE:SKX) indicates that the trading volumes over the past 10 days have averaged 4.2 and over the past 3 months, they’ve averaged 7.35 million. According to company’s latest data on outstanding shares, there are 130.29 million shares outstanding.
Nearly 22.45% of Skechers U S A, Inc’s shares belong to company insiders and institutional investors own 85.89% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.25 million shares as on 2025-06-13, resulting in a short ratio of 0.71. According to the data, the short interest in Skechers U S A, Inc (SKX) stood at 390.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 3.74 million. The stock has fallen by -6.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SKX stock heading into the next quarter.
