Should You Invest in Skechers (SKX) Based on Bullish Wall Street Views? [Yahoo! Finance]
Skechers U.S.A., Inc. (SKX)
Last skechers u.s.a., inc. earnings: 4/23 04:05 pm
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US:NYSE Investor Relations:
skx.com/investor
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Source: Yahoo! Finance
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 recommendation (ABR) of 1.25, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 12 brokerage firms. An ABR of 1.25 approximates between Strong Buy and Buy. Of the 12 recommendations that derive the current ABR, 10 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 83.3% and 8.3% of all recommendations. Check price target & stock forecast for Skechers here The ABR suggests buying Skechers, but making an investment decision solely on the basis of this information might not be a good idea. According to sev
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News
- Skechers U.S.A., Inc. (NYSE: SKX) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- New Skechers Concept Store Opens in Prague [Yahoo! Finance]Yahoo! Finance
- New Skechers Concept Store Opens in PragueBusiness Wire
- Why Skechers (SKX) is a Top Growth Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Skechers U.S.A., Inc. (NYSE: SKX) is now covered by analysts at Piper Sandler. They set a "neutral" rating and a $65.00 price target on the stock.MarketBeat
SKX
Earnings
- 10/24/24 - Beat
SKX
Sec Filings
- 12/23/24 - Form 8-K
- 12/18/24 - Form 4
- 11/1/24 - Form 10-Q
- SKX's page on the SEC website