Skechers designs, develops and markets a diverse range of lifestyle footwear for men, women and children, as well as performance footwear for men and women. The company was founded in 1992 and is based in Manhattan Beach, California.
SKX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for SKX, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Skechers Usa Inc ranked in the 15th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Skechers Usa Inc, consider:
Interest coverage, a measure of earnings relative to interest payments, is 17.44 -- which is good for besting 88.07% of its peer stocks (US stocks in the Consumer Cyclical sector with positive cash flow).
Skechers Usa Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 10.16% of tickers in our DCF set.
SKX's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than only 10.16% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Skechers Usa Inc? See BBGI, NWSA, ROST, WYND, and GOLF.
On CNBC's "Fast Money Halftime Report," Jon Najarian said he bought the November $37 calls in Skechers USA Inc (NYSE: SKX ) on Thursday. He noticed that options traders … Full story available on Benzinga.com
Skechers (SKX) is a footwear retailer with a strong value proposition for consumers that I expected to outperform in its segment during an economic downturn. However, due to the nature of the COVID-induced recession, consumers are spending heavily in this market segment and have not shifted to lower-price brands. Skechers...
MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--SKECHERS USA, Inc. (NYSE:SKX), a global footwear leader, today announced that John Vandemore, Chief Financial Officer, will participate in a virtual fireside chat at the Goldman Sachs 27th Annual Global Retailing Conference on Wednesday, September 9, 2020 at 7:00 a.m. PT. The audio portion of the fireside chat will be available live and on replay for 90 days at the 'Investor Relations' section of the Company’s Website at investors.skechers.com. About SK
Mid-caps are generally defined as companies whose market cap does not exceed $10 billion. They can be found in any industry and although some are already highly recognizable, many mid-caps are small enough that they still have plenty of growth potential. This is their advantage over some of their large-cap peers. But due to their size and more volatile financials, many have been injured by the ongoing crisis. Yet, many are also poised for a grand fashion return such as SVB Financial Group (NASDAQ: SIVB ), Skechers USA Inc (NYSE: SKX ), and Appian Corp (NASDAQ: APPN ), Sunhydrogen Inc (OTC: HYSR ) and Contact Gold Corp (OTC: CGOL ). Silicon Valley Banking During downturns, bank stocks may not be the best ones to have in your portfolio. Dow Jones U.S. Banks Index measured that the sector ...