In Tuesday’s Wall Street session, Skechers U S A, Inc (NYSE:SKX) shares traded at $61.36, down -0.05% from the previous session.
SKX stock price is now 13.39% away from the 50-day moving average and -2.93% away from the 200-day moving average. The market capitalization of the company currently stands at $9.18B.
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With the price target reduced from $85 to $70, Monness Crespi & Hardt maintained Buy rating for Skechers U S A, Inc (NYSE: SKX). , while ‘Needham’ rates the stock as ‘Hold’
In other news, MARK A. NASON, Officer bought 8,630 shares of the company’s stock on Mar 24 ’25. The stock was bought for $496,536 at an average price of $57.54. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’25, Officer PHILIP PACCIONE bought 10,994 shares of the business’s stock. A total of $622,619 was incurred on buying the stock at an average price of $56.63. A total of 13.45% of the company’s stock is owned by insiders.
During the past 12 months, Skechers U S A, Inc has had a low of $44.50 and a high of $78.85. As of last week, the company has a debt-to-equity ratio of 0.48, a current ratio of 2.13, and a quick ratio of 1.28.
The net profit margin was 6.96% and return on equity was 14.67% for SKX. The company reported revenue of $2.41 billion for the quarter, compared to $2.25 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.11 percent.
