Skechers U.S.A. (NYSE:SKX) Releases 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.

Skechers U.S.A. Stock Performance

Shares of SKX stock opened at $75.69 on Friday. The company has a current ratio of 1.96, a quick ratio of 1.25 and a debt-to-equity ratio of 0.01. Skechers U.S.A. has a 12 month low of $55.67 and a 12 month high of $78.85. The business’s 50-day moving average price is $70.27 and its 200-day moving average price is $66.39. The firm has a market capitalization of $11.43 billion, a price-to-earnings ratio of 18.64, a PEG ratio of 0.92 and a beta of 1.19.

Skechers U.S.A. (NYSE:SKX) last issued its quarterly earnings data on Thursday, February 6th. The textile maker reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.08). Skechers U.S.A. had a return on equity of 13.71% and a net margin of 7.19%. Equities research analysts forecast that Skechers U.S.A. will post 4.24 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Evercore ISI boosted their price target on Skechers U.S.A. from $72.00 to $85.00 and gave the company an “outperform” rating in a research note on Tuesday, January 28th. Morgan Stanley increased their price target on Skechers U.S.A. from $81.00 to $84.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Barclays boosted their price objective on Skechers U.S.A. from $79.00 to $80.00 and gave the company an “overweight” rating in a report on Friday, October 25th. Needham & Company LLC restated a “hold” rating on shares of Skechers U.S.A. in a research note on Wednesday, January 29th. Finally, StockNews.com raised shares of Skechers U.S.A. from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $81.60.

Insider Activity at Skechers U.S.A.

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