Skechers (SKX)

• Market cap: $9.6B
• 1 day: -4.14%
• 5 days: -1.13%
• 1 month: -14.73%
• 3 months: 3.13%
• 6 months: -7.03%
• Year to date: -6.49%
• 1 year: 7.06%
• 5 years: 70.51%
• 10 years: 173.33%
• Sector: Consumer Discretionary
• Industry: Footwear, Except Rubber

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 Q4 regulatory filings by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 6 (+2) [Q4]

2.66% more ownership

Funds ownership: 90.89% [Q3] → 93.55% (+2.66%) [Q4]

3% more capital invested

Capital invested by funds: $8.05B [Q3] → $8.28B (+$229M) [Q4]

2% more call options, than puts

Call options by funds: $103M | Put options by funds: $102M

1% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 83

2% less repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 168

4% less funds holding

Funds holding: 503 [Q3] → 485 (-18) [Q4]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $65 3% upside
• Avg. target: $81 28% upside
• High target: $93 48% upside

7 analyst ratings

• positive: 6 86%
• neutral: 1 14%
• negative: 0 0%

Barclays Adrienne Yih 41% 1-year accuracy 42 / 103 met price target	22% upside $77	Overweight Maintained	10 Feb 2025
Raymond James Rick Patel 64% 1-year accuracy 9 / 14 met price target	19% upside $75	Outperform Maintained	7 Feb 2025
Stifel Jim Duffy 52% 1-year accuracy 16 / 31 met price target	27% upside $80	Buy Maintained	7 Feb 2025
UBS Jay Sole 47% 1-year accuracy 25 / 53 met price target	43% upside $90	Buy Maintained	7 Feb 2025
Evercore ISI Group JESALYN Wong 44% 1-year accuracy 4 / 9 met price target	35% upside $85	Outperform Maintained	28 Jan 2025