Skechers
About: Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women's shoes, men's shoes, girl's shoes, boy's shoes, performance shoes, and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques, and internet retailers. The company's operating segments includes Wholesale and Direct-to-Consumer. It generates maximum revenue from the Wholesale segment.
Employees: 17,900
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
37% more call options, than puts
Call options by funds: $106M | Put options by funds: $77.1M
16% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 73
2% more funds holding
Funds holding: 488 [Q2] → 500 (+12) [Q3]
5% less capital invested
Capital invested by funds: $8.39B [Q2] → $8.01B (-$378M) [Q3]
8% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 182
1.22% less ownership
Funds ownership: 91.74% [Q2] → 90.52% (-1.22%) [Q3]
20% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Piper Sandler Anna Andreeva 57% 1-year accuracy 21 / 37 met price target | 4%downside $65 | Neutral Assumed | 10 Dec 2024 |
Deutsche Bank Krisztina Katai 75% 1-year accuracy 15 / 20 met price target | 24%upside $84 | Buy Maintained | 25 Oct 2024 |
Barclays Adrienne Yih 49% 1-year accuracy 46 / 94 met price target | 18%upside $80 | Overweight Maintained | 25 Oct 2024 |
B of A Securities Christopher Nardone 50% 1-year accuracy 3 / 6 met price target | 18%upside $80 | Buy Maintained | 25 Oct 2024 |
Morgan Stanley Alex Straton 76% 1-year accuracy 22 / 29 met price target | 24%upside $84 | Overweight Maintained | 25 Oct 2024 |
Financial journalist opinion
Based on 11 articles about SKX published over the past 30 days
