Skechers U S A, Inc (NYSE: SKX) kicked off on Tuesday, up 2.32% from the previous trading day, before settling in for the closing price of $75.04. Over the past 52 weeks, SKX has traded in a range of $55.67-$76.67.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 12.69%. While this was happening, its average annual earnings per share was recorded 25.25%. With a float of $128.95 million, this company’s outstanding shares have now reached $131.59 million.
Let’s determine the extent of company efficiency that accounts for 17900 employees. In terms of profitability, gross margin is 51.97%, operating margin of 9.97%, and the pretax margin is 10.18%.
Skechers U S A, Inc (SKX) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Footwear & Accessories Industry. The insider ownership of Skechers U S A, Inc is 14.59%, while institutional ownership is 79.96%. The most recent insider transaction that took place on Dec 31 ’24, was worth 554,607. In this transaction Chief Operating Officer of this company sold 8,219 shares at a rate of $67.48, taking the stock ownership to the 122,211 shares. Before that another transaction happened on Dec 31 ’24, when Company’s President sold 10,274 for $67.48, making the entire transaction worth $693,275. This insider now owns 149,327 shares in total.
Skechers U S A, Inc (SKX) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.56 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 25.25% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.26% during the next five years compared to 12.67% growth over the previous five years of trading.
Skechers U S A, Inc (NYSE: SKX) Trading Performance Indicators
Take a look at Skechers U S A, Inc’s (SKX) current performance indicators. Last quarter, stock had a quick ratio of 1.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.33. Likewise, its price to free cash flow for the trailing twelve months is 29.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.06, a number that is poised to hit 0.74 in the next quarter and is forecasted to reach 4.90 in one year’s time.
Technical Analysis of Skechers U S A, Inc (SKX)
Looking closely at Skechers U S A, Inc (NYSE: SKX), its last 5-days average volume was 1.84 million, which is a jump from its year-to-date volume of 1.7 million. As of the previous 9 days, the stock’s Stochastic %D was 89.67%. Additionally, its Average True Range was 2.02.
During the past 100 days, Skechers U S A, Inc’s (SKX) raw stochastic average was set at 99.33%, which indicates a significant increase from 98.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.23% in the past 14 days, which was lower than the 34.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $68.03, while its 200-day Moving Average is $66.36. However, in the short run, Skechers U S A, Inc’s stock first resistance to watch stands at $77.40. Second resistance stands at $78.03. The third major resistance level sits at $79.15. If the price goes on to break the first support level at $75.65, it is likely to go to the next support level at $74.53. Should the price break the second support level, the third support level stands at $73.90.
Skechers U S A, Inc (NYSE: SKX) Key Stats
The company with the Market Capitalisation of 11.59 billion has total of 150,972K Shares Outstanding. Its annual sales at the moment are 8,000 M in contrast with the sum of 545,800 K annual income. Company’s last quarter sales were recorded 2,348 M and last quarter income was 193,220 K.
