Is Skechers a Buy, Hold or Sell at Its Current Valuation: Key Factors
Skechers U.S.A., Inc. (SKX) stands out as a compelling value play within the Zacks Shoes and Retail Apparel industry. It is trading at a forward 12-month price-to-sales ratio of 0.76, down from the industry and the Consumer Discretionary sector’s average of 1.52 and 1.68, respectively. This undervaluation highlights its potential for investors seeking attractive entry points. Moreover, Skechers’ Value Score of A underscores its value appeal. In the past month, the SKX stock has lost 9.1%. However, the stock ...