Investing In Skechers U S A, Inc. (NYSE: SKX): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

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Stocks Info

The company is listed on the NYSE and operates within the Footwear & Accessories industry segment. The current market capitalization of Skechers U S A, Inc. is $10.27B. A total of 1.41 million shares were traded on the day, compared to an average of 1.86M shares.

In the most recent transaction, Garcia Zulema sold 1,100 shares of SKX for 72.80 per share on Jun 07 ’24. After the transaction, the Director now owns 12,900 company shares. In a previous transaction on Jun 04 ’24, PACCIONE PHILLIP sold 423 shares at 69.45 per share. SKX shares that General Counsel & Secretary owns now total 35,000.

Among the insiders who sold shares, BLAIR KATHERINE J. disposed of 3,500 shares on May 16 ’24 at a per-share price of $68.78. This resulted in the Director holding 11,900 shares of SKX after the transaction. In another insider transaction, GREENBERG ROBERT sold 30,339 shares at $61.11 per share on Mar 15 ’24. Company shares held by the Chief Executive Officer now total 132,783.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, SKX has a high of $75.09 and a low of $45.58.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SKX’s latest balance sheet shows that the firm has $894.86M in Cash & Short Term Investments as of fiscal 2021. There were $1.66B in debt and $1.45B in liabilities at the time. Its Book Value Per Share was $27.18, while its Total Shareholder’s Equity was $3.54B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SKX is Buy with a score of 4.75.

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