(SKX) Skechers USA - Ratings and Ratios

Skechers U.S.A., Inc. is a global footwear, apparel, and accessories company with a diverse product portfolio that caters to men, women, and children. The company operates through two primary segments: Wholesale and Direct-to-Consumer, leveraging a multi-channel distribution strategy that includes company-owned and third-party retail stores, e-commerce platforms, and digital marketplaces. Skechers is known for its innovative product lines, such as Skechers Hands Free Slip-ins, Skechers Arch Fit, and Skechers Air-Cooled Memory Foam, as well as its protective footwear offerings for work environments.

The companys business model is built around creating high-quality, comfortable, and stylish products that appeal to a broad customer base. With a strong brand presence and a robust distribution network, Skechers has established itself as a significant player in the global footwear market. The companys ability to adapt to changing consumer trends and preferences, as well as its commitment to investing in digital marketing and e-commerce capabilities, are key factors that contribute to its competitive edge.

From a technical analysis perspective, SKXs stock price is currently trading near its 20-day Simple Moving Average (SMA) of $62.05, indicating a potential consolidation phase. The stocks Relative Strength Index (RSI) is not provided, but the proximity to the 20-day SMA and the 200-day SMA at $63.07 suggests a balance between short-term and long-term trends. The Average True Range (ATR) of 1.00, equivalent to 1.62%, indicates moderate volatility.

Fundamentally, Skechers boasts a market capitalization of $9.275 billion, with a Price-to-Earnings (P/E) ratio of 14.87 and a forward P/E of 21.74. The companys Return on Equity (RoE) stands at 14.24%, indicating a relatively strong profitability profile. Given the current valuation multiples and the companys financial performance, a forecast for SKXs stock price could be derived from analyzing the intersection of technical and fundamental data.

Using the provided technical and fundamental data, a potential forecast for SKX could be as follows: If the company continues to demonstrate stable financial performance and the overall footwear market remains favorable, SKXs stock price could potentially target the 52-week high of $78.24 in the medium to long term. However, this would depend on the companys ability to maintain its competitive edge, drive growth through its Direct-to-Consumer segment, and effectively manage its distribution channels. A more conservative estimate, based on the current SMA20 and SMA50 levels, could see the stock price stabilizing around $62-$65 in the short term, with potential for further upside if the company reports strong earnings and guides positively.