Skechers U.S.A. (NYSE:SKX) Issues Q1 2025 Earnings Guidance

Skechers U.S.A. (NYSE:SKX) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.100-1.150 for the period, compared to the consensus EPS estimate of 1.560. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.5 billion. Skechers U.S.A. also updated its FY 2025 guidance to 4.300-4.500 EPS.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Needham & Company LLC restated a “hold” rating on shares of Skechers U.S.A. in a research note on Friday. Piper Sandler assumed coverage on Skechers U.S.A. in a research report on Tuesday, December 10th. They set a “neutral” rating and a $65.00 price objective for the company. Evercore ISI upped their price target on shares of Skechers U.S.A. from $72.00 to $85.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 28th. Stifel Nicolaus lowered their target price on Skechers U.S.A. from $83.00 to $80.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Barclays boosted their price target on shares of Skechers U.S.A. from $79.00 to $80.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Two research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Skechers U.S.A. has an average rating of “Moderate Buy” and a consensus price target of $81.50.

Skechers U.S.A. Stock Down 12.6 %

Shares of SKX opened at $66.06 on Friday. Skechers U.S.A. has a 52 week low of $55.67 and a 52 week high of $78.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.25 and a current ratio of 1.96. The firm has a market capitalization of $9.97 billion, a P/E ratio of 15.92, a P/E/G ratio of 0.95 and a beta of 1.19. The company has a 50-day simple moving average of $70.51 and a 200-day simple moving average of $66.46.

Skechers U.S.A. (NYSE:SKX) last released its quarterly earnings data on Thursday, February 6th. The textile maker reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.08). Skechers U.S.A. had a return on equity of 13.81% and a net margin of 7.13%. On average, equities research analysts expect that Skechers U.S.A. will post 4.79 earnings per share for the current year.

Insider Transactions at Skechers U.S.A.

In related news, President Michael Greenberg sold 10,274 shares of the firm’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $67.48, for a total value of $693,289.52. Following the transaction, the president now owns 149,327 shares in the company, valued at $10,076,585.96. This trade represents a 6.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO David Weinberg sold 8,219 shares of Skechers U.S.A. stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $67.48, for a total transaction of $554,618.12. Following the sale, the chief operating officer now owns 122,211 shares of the company’s stock, valued at approximately $8,246,798.28. This represents a 6.30 % decrease in their position. The disclosure for this sale can be found here. 24.75% of the stock is owned by company insiders.

About Skechers U.S.A.

Skechers U.SA, Inc designs, develops, markets, and distributes footwear for men, women, and children worldwide. The company operates through Wholesale and Direct-to-Consumer segments. It offers footwear under Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam brands.