Skechers Q3 Earnings How Key Metrics Compare to Wall Street Estimates
| SKX Stock | USD 63.48 1.79 2.90% |
Slightly above 69 percent of all Skechers USA's investors are curious in acquiring. The analysis of overall sentiment of trading Skechers USA stock suggests that a large number of investors are confidant at this time. Skechers USA's investing sentiment can be driven by a variety of factors including economic data, Skechers USA's earnings reports, geopolitical events, and overall market trends.
Skechers |
While the top- and bottom-line numbers for Skechers give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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Skechers USA Current Investor Sentiment
Panic Vs Confidence
69
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Skechers USA's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Skechers USA.
News SentimentBullish | Hype SentimentBullish | Insider SentimentDisposing |
Skechers USA Historical Investor Sentiment
Investor biases related to Skechers USA's public news can be used to forecast risks associated with an investment in Skechers. The trend in average sentiment can be used to explain how an investor holding Skechers can time the market purely based on public headlines and social activities around Skechers USA. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Skechers USA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Skechers USA and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Skechers USA news discussions. The higher the estimate score, the more favorable the investor's outlook on Skechers USA.
Skechers USA Fundamental Analysis
We analyze Skechers USA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Skechers USA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Skechers USA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Earnings Per Share
Earnings Per Share Comparative Analysis
Skechers USA is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Skechers USA Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Skechers USA stock to make a market-neutral strategy. Peer analysis of Skechers USA could also be used in its relative valuation, which is a method of valuing Skechers USA by comparing valuation metrics with similar companies.
Peers
Skechers USA Related Equities
| DBI | Designer Brands | 9.52 | ||||
| VRA | Vera Bradley | 6.90 | ||||
| SHOO | Steven Madden | 4.63 | ||||
| CAL | Continental | 4.06 | ||||
| RCKY | Rocky Brands | 3.99 | ||||
| NKE | Nike | 2.40 | ||||
| WEYS | Weyco | 2.36 | ||||
| CROX | Crocs | 2.31 | ||||
| DECK | Deckers Outdoor | 2.26 | ||||
| WWW | Wolverine World | 1.45 | ||||
| ONON | On Holding | 0.58 |
Additional 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.