Stock Updates

Is this Large Market Cap Stock target price reasonable for Skechers U.S.A., Inc. (NYSE:SKX)?

The company in question is, Skechers U.S.A., Inc. (NYSE:SKX) currently with a stock price of 22.92 (0.77% today). The market cap for Skechers U.S.A., Inc. is 3586.77, and is in the sector Consumer Goods, and Textile – Apparel Footwear & Accessories industry. The target price for Skechers U.S.A., Inc. is 30.88. Currently Skechers U.S.A., Inc. is trading with a P/E of 13.15, and a forward P/E of 11.07. Average volume for Skechers U.S.A., Inc. is 3317.2 and so far today it is 942967.

Performance in the last year for Skechers U.S.A., Inc. has been -46.75%. For EPS growth, Skechers U.S.A., Inc. has seen a growth of 65.90%, and is looking to grow in the next year to 14.54%. More long term stats show that EPS growth has been 10.20% over the last five years and could be 20.00% for the next five years. Skechers U.S.A., Inc. has seen sales growth quarter over quarter at 9.70%, with EPS growth quarter over quarter at -7.70%. The 20-day simple moving average is -2.95%, with the 200-day simple moving average coming to -19.08%.

Since the IPO date for Skechers U.S.A., Inc. on the 06/09/1999, Skechers U.S.A., Inc. has seen performance year to date to be -24.69%. With Skechers U.S.A., Inc. trading at 22.92, the dividend yield is *TBA, and the EPS is 1.73.

So could Skechers U.S.A., Inc., be undervalued? Well as said before P/E is 13.15. The PEG is 0.66, P/S is 1.04 and the P/B is at 2.3. The P/cash is 5.7, with P/free cash flow at 26.85.

Skechers U.S.A., Inc. ability to deal with debt shows that the current ratio is 2.9, and the quick ratio is 1.9. This is with long term debt/equity at 0.04, and total debt/equity at 0.05.

In terms of margins, Skechers U.S.A., Inc. has a gross margin of 45.60%, an operating margin of 11.30% and a profit margin of 7.80%.Payout ratio for Skechers U.S.A., Inc. is 0.00%. Return on assets come to 12.80% with return on investment coming to 19.70%.

Insider ownership for Skechers U.S.A., Inc., is at 1.00% and institutional ownership comes to 81.90%. Outstanding shares are at 157.66. While shares float is 130.17. The float short is currently 8.37%, and short ratio is 3.28.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Stephen Butters

Leave a Comment