Skechers USA (Germany) Today
| SKAA Stock | EUR 55.62 1.30 2.39% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Skechers USA is trading at 55.62 as of the 24th of April 2024. This is a 2.39 percent increase since the beginning of the trading day. The stock's lowest day price was 55.62. Skechers USA has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Skechers USA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Skechers U.S.A., Inc. designs, develops, markets, and distributes footwear for men, women, and children and performance footwear for men and women under the Skechers brand worldwide. Skechers U.S.A., Inc. was incorporated in 1992 and is headquartered in Manhattan Beach, California. The company has 134.21 M outstanding shares. More on Skechers USA
Moving against Skechers Stock
| 0.47 | ADS | adidas AG Earnings Call This Week | PairCorr |
| 0.45 | ADS1 | adidas AG | PairCorr |
| 0.45 | ADS | adidas AG Earnings Call This Week | PairCorr |
| 0.44 | ADS1 | adidas AG | PairCorr |
Skechers Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Skechers USA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Skechers USA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Footwear & Accessories, Consumer Cyclical (View all Sectors) |
Skechers USA (SKAA) is traded on Frankfurt Exchange in Germany and employs 8 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.4 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Skechers USA's market, we take the total number of its shares issued and multiply it by Skechers USA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Skechers USA operates under Consumer Cyclical sector and is part of Footwear & Accessories industry. The entity has 134.21 M outstanding shares.
Skechers USA has accumulated about 1.39 B in cash with 212.15 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.96.
Check Skechers USA Probability Of Bankruptcy
Ownership AllocationSkechers USA maintains a total of 134.21 Million outstanding shares. The majority of Skechers USA outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Skechers USA to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Skechers USA. Please pay attention to any change in the institutional holdings of Skechers USA as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Skechers Ownership Details
Skechers Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Skechers USA jumping above the current price in 90 days from now is about 42.41%. The Skechers USA probability density function shows the probability of Skechers USA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Skechers USA has a beta of -0.2837. This usually implies as returns on the benchmark increase, returns on holding Skechers USA are expected to decrease at a much lower rate. During a bear market, however, Skechers USA is likely to outperform the market. Additionally, skechers USA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Skechers USA to move above the current price in 90 days from now is about 42.41 (This Skechers USA probability density function shows the probability of Skechers Stock to fall within a particular range of prices over 90 days) .
Skechers USA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Skechers USA market risk premium is the additional return an investor will receive from holding Skechers USA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Skechers USA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Skechers USA's alpha and beta are two of the key measurements used to evaluate Skechers USA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.13 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.28 | |||
| Risk Adjusted Performance | (0.04) |
Skechers Stock Against Markets
Picking the right benchmark for Skechers USA stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Skechers USA stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Skechers USA is critical whether you are bullish or bearish towards Skechers USA at a given time. Please also check how Skechers USA's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Skechers USA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Skechers USA Corporate Management
Elected by the shareholders, the Skechers USA's board of directors comprises two types of representatives: Skechers USA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Skechers. The board's role is to monitor Skechers USA's management team and ensure that shareholders' interests are well served. Skechers USA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Skechers USA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Greenberg | Pres CoFounder | Profile | |
| Mark Nason | Ex Devel | Profile | |
| Pete Calichman | VP Sales | Profile | |
| Robert Greenberg | Chairman CoFounder | Profile | |
| David Weinberg | COO VP | Profile | |
| Rick Graham | Ex Officer | Profile | |
| Philip Paccione | Gen Affairs | Profile |
How to buy Skechers Stock?
Before investing in Skechers USA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Skechers USA. To buy Skechers USA stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Skechers USA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Skechers USA stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Skechers USA stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Skechers USA stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Skechers USA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.
Already Invested in Skechers USA?
The danger of trading Skechers USA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Skechers USA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Skechers USA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Skechers USA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Skechers USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Skechers USA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Skechers Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Skechers Usa Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skechers USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Skechers Stock please use our How to Invest in Skechers USA guide.Note that the Skechers USA information on this page should be used as a complementary analysis to other Skechers USA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Skechers Stock analysis
When running Skechers USA's price analysis, check to measure Skechers USA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skechers USA is operating at the current time. Most of Skechers USA's value examination focuses on studying past and present price action to predict the probability of Skechers USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skechers USA's price. Additionally, you may evaluate how the addition of Skechers USA to your portfolios can decrease your overall portfolio volatility.
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