Skechers USA shares (SKX) are listed on the NYSE and all prices are listed in US Dollars. Skechers USA employs 6,200 staff and has a trailing 12-month revenue of around $6.9 billion.
Skechers USA shares at a glance.
| Latest market close | $41.54 |
|---|---|
| Earnings per share (TTM) more info button | $4.43 |
In this post
Should I buy Skechers stock?
Skechers U.S.A. has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 10 buy ratings, no hold ratings, and no sell ratings.
Who owns Skechers stock?
Top 10 Owners of Skechers USA Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 9.01% | 12,156,343 |
| BlackRock Fund Advisors | 7.52% | 10,148,440 |
| Pzena Investment Management LLC | 5.96% | 8,033,986 |
| ArrowMark Colorado Holdings LLC | 5.62% | 7,574,128 |
Will Skechers stock go up?
The 12 analysts offering 12-month price forecasts for Skechers USA Inc have a median target of 49.50, with a high estimate of 60.00 and a low estimate of 37.00. The median estimate represents a +19.19% increase from the last price of 41.53.
Is Skechers public?
Headquartered in Manhattan Beach, California, the brand was founded in 1992 and is now the third largest athletic footwear brand in the United States.
Skechers.
| Headquarters in Manhattan Beach, California | |
|---|---|
| Type | Public |
| Traded as | NYSE: SKX (Class A) S&P 400 Component |
| Industry | Clothing |
| Founded | 1992 |
Whats a good peg ratio?
What Is a Good PEG Ratio? As a general rule, a PEG ratio of 1.0 or lower suggests a stock is fairly priced or even undervalued. A PEG ratio above 1.0 suggests a stock is overvalued.
What does a high peg ratio mean?
In theory, a PEG ratio value of 1 represents a perfect correlation between the company’s market value and its projected earnings growth. PEG ratios higher than 1.0 are generally considered unfavorable, suggesting a stock is overvalued.
Are Skechers made in China?
ARE SKECHERS MADE IN THE USA? Skechers USA, Inc. is an American footwear company headquartered in Manhattan Beach, California. Sketchers products are all manufactured in independent factories located overseas. These factories are mostly located in China and Vietnam and there are no factories located in the USA.
Are Skechers made in the USA?
However, all of Skechers shoes are outsourced overseas to countries like Vietnam and China. Since Skechers is headquartered in California, many people think its shoes are manufactured in the states. That simply isn’t true. The company outsources all of its shoes to countries in Asia.
Are Skechers good for your feet?
Skechers are not suitable for heavy impact and prolonged standing. Being very flexible and spongey they do not stabilise ligaments, joints and muscles allowing strains and sprains to occur.
Who is Skechers main competitor?
Skechers offers two main footwear lines: lifestyle and performance. The company faces fierce competition in the footwear industry. They compete with Nike and Adidas in the performance space, while the lifestyle space includes competitors such as Steve Madden and Crocs.
What is Skechers worth?
How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Skechers U.S.A net worth as of August 17, 2022 is $6.48B. Skechers U.S.A., Inc.
When did Skechers go public?
June 1999
In June 1999 Skechers was doing well enough to go public, with an initial public offering of seven million shares costing $11 each.
What is Amazon’s PEG ratio?
Valuation Measures 4
| As of Date: 8/19/2022 Current | 3/31/2022 | |
|---|---|---|
| Trailing P/E | 124.48 | 50.30 |
| Forward P/E | 83.33 | 57.14 |
| PEG Ratio (5 yr expected) | 8.01 | 2.96 |
| Price/Sales (ttm) | 2.92 | 3.57 |
What is the PEG ratio of Tesla?
About PEG Ratio (TTM)
Currently, Tesla, Inc. has a PEG ratio of 2.94 compared to the Automotive – Domestic industry’s PEG ratio of 0.94.
What is a good 5 year PEG?
A ratio between 0.5 and less than 1 is considered good, meaning the stock may be undervalued given its growth profile. A ratio less than 0.5 is considered to be excellent.
What is considered a good stock price?
Traditionally, any value under 1.0 is considered a good P/B value, indicating a potentially undervalued stock. However, value investors often consider stocks with a P/B value under 3.0.
What is the average PEG ratio of the S&P 500?
If the S&P 500 has a current P/E ratio of 16 times trailing earnings and the average analyst estimate for future earnings growth in the S&P 500 is 12% over the next five years, the PEG ratio of the S&P 500 would be (16/12), or 1.33.
Example of a PEG Ratio.
| Biotech Stock ABC | Oil Stock XYZ | |
|---|---|---|
| PEG | 35/25, or 1.40 | 16/15, or 1.07 |
Who invented PEG ratio?
Peter Lynch
It was later popularized by Peter Lynch, who wrote in his 1989 book One Up on Wall Street that “The P/E ratio of any company that’s fairly priced will equal its growth rate”, i.e., a fairly valued company will have its PEG equal to 1.
Does Skechers use child labor?
None. Commitment: Skechers states that it is “never acceptable for any Skechers products to be produced using forced or child labor,” and that it is committed to working with suppliers who are socially responsible.
Are Skechers good quality?
Skechers shoes make great work shoes because they are designed to be durable, supportive and are made of good quality materials that hold up well in many work environments. Skechers are comfortable and prevent fatigue for people who are on their feet for long periods.