Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
SKX logo SKX
Upturn stock ratingUpturn stock rating
SKX logo

Skechers USA Inc (SKX)

Upturn stock ratingUpturn stock rating
$57.49
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: SKX (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit -13.03%
Avg. Invested days 37
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 8.59B USD
Price to earnings Ratio 13.82
1Y Target Price 79.85
Price to earnings Ratio 13.82
1Y Target Price 79.85
Volume (30-day avg) 2224573
Beta 1.21
52 Weeks Range 53.79 - 78.85
Updated Date 04/1/2025
52 Weeks Range 53.79 - 78.85
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) 4.16

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 7.13%
Operating Margin (TTM) 7.48%

Management Effectiveness

Return on Assets (TTM) 7.06%
Return on Equity (TTM) 15.83%

Valuation

Trailing PE 13.82
Forward PE 12.14
Enterprise Value 9280549839
Price to Sales(TTM) 0.96
Enterprise Value 9280549839
Price to Sales(TTM) 0.96
Enterprise Value to Revenue 1.03
Enterprise Value to EBITDA 8.32
Shares Outstanding 130041000
Shares Floating 129141022
Shares Outstanding 130041000
Shares Floating 129141022
Percent Insiders 0.73
Percent Institutions 97.06

Analyst Ratings

Rating 4.41
Target Price 82.25
Buy 4
Strong Buy 10
Buy 4
Strong Buy 10
Hold 3
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Skechers USA Inc

stock logo

Company Overview

overview logo History and Background

Skechers USA, Inc. was founded in 1992 by Robert Greenberg. Initially, the company focused on distributing Dr. Martens shoes. Skechers quickly transitioned to designing and marketing its own lines of athletic and casual footwear. Over the years, Skechers has expanded its product offerings and international presence, becoming a leading global footwear brand.

business area logo Core Business Areas

  • Domestic Wholesale: Sales of Skechers footwear to department stores, specialty retailers, athletic shoe stores, and independent retailers within the United States.
  • International Wholesale: Sales of Skechers footwear to retailers and distributors outside of the United States.
  • Direct-to-Consumer: Sales of Skechers footwear and apparel through company-owned retail stores and e-commerce platforms.

leadership logo Leadership and Structure

The company is led by Robert Greenberg (Chairman and CEO) and Michael Greenberg (President). Skechers has a hierarchical organizational structure with various departments responsible for design, manufacturing, marketing, sales, and distribution.

Top Products and Market Share

overview logo Key Offerings

  • Performance Footwear: Skechers GOwalk, GO Run series are athletic shoes designed for walking and running. Competing with brands like Nike and Adidas in the performance footwear market. Revenue from this product can not be derived. Market Share is part of the total market share.
  • Lifestyle Footwear: Skechers Street, D'Lites, and Uno are popular casual footwear styles. These are targeted to a broader audience looking for comfortable and fashionable shoes for everyday wear. These also compete with brands like Nike and Adidas. Revenue from this product can not be derived. Market Share is part of the total market share.
  • Kids' Footwear: A wide range of shoes designed specifically for children, including athletic, casual, and light-up styles. Competitors include Nike, Adidas, and Stride Rite. Revenue from this product can not be derived. Market Share is part of the total market share.

Market Dynamics

industry overview logo Industry Overview

The global footwear industry is characterized by intense competition, evolving fashion trends, and increasing demand for comfortable and innovative products. Key drivers include rising disposable incomes, growing health consciousness, and the influence of social media.

Positioning

Skechers is positioned as a value-driven brand offering comfortable and stylish footwear at competitive prices. The company differentiates itself through a broad product range, extensive distribution network, and celebrity endorsements.

Total Addressable Market (TAM)

The global footwear market is estimated to be around $400 billion. Skechers aims to increase its market share by expanding its international presence and product offerings.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition
  • Extensive distribution network
  • Wide product range
  • Value-driven pricing strategy
  • Innovative technologies (e.g., Air-Cooled Memory Foam)

Weaknesses

  • Lower brand perception compared to Nike and Adidas
  • Reliance on wholesale distribution
  • Potentially high marketing spend
  • Inconsistent revenue growth

Opportunities

  • Expanding international presence (especially in emerging markets)
  • Growing e-commerce sales
  • Developing new and innovative products
  • Strengthening brand image through strategic marketing
  • Increasing focus on sustainable products

Threats

  • Intense competition from established brands
  • Fluctuations in raw material costs
  • Changes in consumer preferences
  • Economic downturns
  • Supply chain disruptions

Competitors and Market Share

competitor logo Key Competitors

  • NKE
  • ADDYY
  • UA

Competitive Landscape

Skechers competes with major athletic and casual footwear brands. Skechers differentiates itself through its value proposition, comfort technologies, and wide product range.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Skechers has experienced fluctuating growth over the past decade, driven by expansion into new markets and product categories.

Future Projections: Analyst estimates for Skechers' future growth vary, but generally project continued expansion in international markets and e-commerce.

Recent Initiatives: Recent strategic initiatives include expanding its direct-to-consumer business, focusing on sustainability, and investing in new technologies.

Summary

Skechers is a strong player in the footwear market, offering comfortable and stylish shoes at competitive prices. Its broad product range and extensive distribution network are key strengths. The company needs to focus on strengthening its brand image to better compete with Nike and Adidas while monitoring the fluctuations in raw material costs.

Similar Companies

DECKratingrating

Deckers Outdoor Corporation

$113.35
Large-Cap Stock
0%
PASS

DECKratingrating

Deckers Outdoor Corporation

$113.35
Large-Cap Stock
0%
PASS

NKEratingrating

Nike Inc

$64.76
Large-Cap Stock
0%
PASS

NKEratingrating

Nike Inc

$64.76
Large-Cap Stock
0%
PASS

UAratingrating

Under Armour Inc C

$6.1
Mid-Cap Stock
0%
PASS

UAratingrating

Under Armour Inc C

$6.1
Mid-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Market Research Reports
  • Industry Analysis

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share and TAM numbers are estimates based on available data and subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Skechers USA Inc

Exchange NYSE
Headquaters Manhattan Beach, CA, United States
IPO Launch date 1999-06-09
Co-Founder, Chairman of the Board & CEO Mr. Robert Y. Greenberg
Sector Consumer Cyclical
Industry Footwear & Accessories
Full time employees 10100
Full time employees 10100

Skechers U.S.A., Inc. designs, develops, and markets footwear, apparel, and accessories worldwide. The company operates in two segments, Wholesale and Direct-to-Consumer. It offers footwear under the Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam brands; and slip-resistant and safety-toe shoes and boots for protective footwear in their work environments for men, women, and kids. The company sells its products through Skechers-branded stores operated by third-party franchisees and licensees, family shoe stores, specialty athletic and sporting goods retailers, department stores and big box club stores, and distributors, as well as company-owned Skechers-branded stores and e-commerce sites, third-party marketplaces, and digital platforms. It licenses various Skechers-branded products, including apparel and accessories. The company distributes footwear through a network of distributors and licensees, who sell its products to department, athletic and specialty, and digital stores, as well as in Skechers-branded retail stores. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​