Skechers(SKX)
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Why Skechers (SKX) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-12-12 15:55
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Sc ...
Skechers' Growth Initiatives Position It for Long-Term Success
ZACKS· 2024-12-02 17:20
Skechers U.S.A., Inc.’s (SKX) growth initiatives across its multi-brand portfolio, digital integration, wholesale growth, direct-to-consumer (DTC) expansion and international business have positioned it for sustained growth. The company’s ability to adapt to evolving consumer preferences, particularly with its focus on comfort technology and lifestyle-oriented products, has contributed significantly to its success. With continued investments in infrastructure, omnichannel capabilities and global expansion, ...
Should You Invest in Skechers (SKX) Based on Bullish Wall Street Views?
ZACKS· 2024-11-29 15:30
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Skechers (SKX) .Skechers currently has an average brokerage recom ...
Skechers Gains 26% in a Year on Strategic Initiatives: An Opportunity?
ZACKS· 2024-11-11 13:21
Skechers U.S.A., Inc. (SKX) shares have surged 26% over the past year, significantly outperforming the Zacks Shoes and Retail Apparel industry’s decline of 11.6%. The company responds to shifting consumer preferences by investing in omnichannel capabilities and infrastructure, and expanding its global market reach, leading to substantial growth in both its wholesale and direct-to-consumer (DTC) segments.This approach, along with SKX’s commitment to innovation in product development and a keen focus on inter ...
Skechers(SKX) - 2024 Q3 - Quarterly Report
2024-11-01 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-14429 SKECHERS U.S.A., INC. (Exact name of registrant as specified in its charter) Delaware 95-4376145 (State or other jurisdiction of incorporation or organization) (I. ...
Skechers (SKX) is an Incredible Growth Stock: 3 Reasons Why
ZACKS· 2024-10-30 17:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which look ...
Retail Stock Signal Has Never Been Wrong
Forbes· 2024-10-30 17:27
Retailer Skechers USA (SKX) has taken an 8.2% haircut this quarter, which has resulted in the stock breaching its year-to-date breakeven level. Now trading at $61.59, the shares are a ways off their June 12 record highs of $75.09. The upside is this has SKX encountering a historically bullish trendline. According to Schaeffer's Senior Quantitative Analyst Rocky White, SKX is within one standard deviation of its 320-day moving average. Over the past three years, the shares have seen four similar signals, and ...
Unlocking Skechers (SKX) International Revenues: Trends, Surprises, and Prospects
ZACKS· 2024-10-28 14:15
Did you analyze how Skechers (SKX) fared in its international operations for the quarter ending September 2024? Given the widespread global presence of this shoe company, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities. In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now place great ...
Skechers: Quality Model Fairly Valued, But I'm Concerned On Cyclicality Post Q3
Seeking Alpha· 2024-10-25 20:11
Skechers U.S.A., Inc. (NYSE: SKX ) released its Q3 2024 results , with a growth of 16%, and is expecting a good holiday season. Growth was well distributed across regions, except for a challenged China, a muted DTC inLong-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive ...
Skechers' Q3 Was Strong
Seeking Alpha· 2024-10-25 19:40
Skechers U.S.A., Inc. (NYSE: SKX ), the footwear company, reported its Q3 results on the 24th of October after the market close. The results came with strong growth despite weak market conditions, and profitability stayedI am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a ...