Technical Indicator Analysis for Skechers U.S.A., Inc. (NYSE:SKX)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Skechers U.S.A., Inc. (NYSE:SKX) for the period of 9-Day stands at 34.69% while the stochastic %D for the same period stands at 24.35%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Skechers U.S.A., Inc. (NYSE:SKX) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Skechers U.S.A., Inc. (NYSE:SKX) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Skechers U.S.A., Inc. (NYSE:SKX)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Skechers USA, Inc. designs, develops and markets a diverse range of lifestyle footwear for men, women and children, as well as performance footwear for men and women. Skechers footwear is available in the United States and over 160 countries and territories worldwide via department and specialty stores, more than 2,305 SKECHERS Company-owned and third-party-owned retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia and the Middle East, and wholly-owned subsidiaries in Canada, Japan, throughout Europe and Latin America.

Previous Day Activity Analysis

On the last trading day, Skechers U.S.A., Inc. (NYSE:SKX) opened the session at $30.92 and after going up 2.63% closed at $32. The stock gained 1.08 points in the last trade.

Skechers U.S.A., Inc. (NYSE:SKX)’s stock fluctuated in the range of $30.92 and $32.17 during the previous active session. Skechers U.S.A., Inc. (NYSE:SKX) traded with the volume of 2.39 Million with average volume of 3.08 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 0.12 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.04 and 61.94 respectively.

Currently the Insider Ownership of the shares of Skechers U.S.A., Inc. (NYSE:SKX) is at 0.6% and the shares outstanding are 154.37 Million.

Important Ratio Analysis

Some important ratios to consider here for Skechers U.S.A., Inc. (NYSE:SKX) are discussed below:

Price to Earnings P/E ratio stands at 19.8 while Forward P/E shows the value of 15.23.

The PEG ratio (Price to Earning to Growth) emits the value of 1.52. The Price to Sale P/S and Price to Book P/B shows the value of 1.25 and 2.65 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 6.15 and 16.8 correspondingly.

The Quick Ratio of Skechers U.S.A., Inc. (NYSE:SKX) stands at 2.3 while the Current Ratio depicts the value of 3.5.

Return on Assets ROA of Skechers U.S.A., Inc. (NYSE:SKX) is at 10% whereas, Return on Equity ROE and Return of Investment ROI of Skechers U.S.A., Inc. (NYSE:SKX) stand at 14.5% and 17.7% respectively.

Stock Performance Analysis

The stock performance of Skechers U.S.A., Inc. (NYSE:SKX) on the basis of 5 day trade show the jump of 2.37% whereas, the monthly performance of the stock shows increase of 31.2%.

The quarterly performance of the stock remained in green zone with the value of 11.42% while six month performance of the shares of Skechers U.S.A., Inc. (NYSE:SKX) remained bullish with the count of 31.26%.

The yearly and YTD performance of Skechers U.S.A., Inc. (NYSE:SKX) remained up at 49.46% and 30.19% respectively.