Why Skechers Stock Has a Better Upside than Peers
Skechers (SKX) is covered by 12 Wall Street analysts, who have a positive view on the company. It has received a rating of 2 on a scale of 1 (strong buy) to 5 (sell).
Skechers’s (SKX) stock currently trades around 13 times its NTM (next-12-months) earnings, which compares to its three-year average PE (price-to-earnings) ratio of 16.3x.
Skechers (SKX), which should be reporting third-quarter results on October 19, is expected to post a 31% YoY (year-over-year) rise in earnings per share (or EPS).
As we’ve discussed in this series, Skechers (SKX) is slated to report its third-quarter results on October 19. Management expects revenues in the $1,050–$1,075 million range, rising 12.5% YoY (year-over-year) at the mid-point.
The California-based Skechers (SKX) is slated to release its third-quarter 2017 results on Thursday, October 19.
According to a recent study by Goldman Sachs, S&P 500 companies have parked $920 billion of untaxed cash overseas
President Trump unveiled an ambitious tax-reform plan that offers sweeping cuts in individual and corporate tax rates. The proposal features the reduction in the corporate tax rate from 35% to ~20%.
As we’ve discussed through this series, Nike delivered a 1Q18 (first quarter of 2018) earnings beat while missing top-line forecasts.
Nike reported a 21.9% YoY (year-over-year) fall in earnings to 57 cents per share when it reported first-quarter results on September 26.
As we discussed in the previous part of this series, Nike’s (NKE) 1Q18 (first quarter of 2018) revenue remained flat on a reported and currency-neutral basis…
Nike (NKE), which reported its 1Q18 results on September 26, posted a 0.1% YoY (year-over -year) rise in sales to $9.07 billion.
The Oregon-based Nike (NKE) reported results for 1Q18 after the market closed on Thursday, September 26. The results relate to the three months ended August 31.
The New York–based handbag manufacturer Coach (COH) is covered by 36 Wall Street analysts. The company has a high rating of 2.1, with 69% “buy,” 28% “hold,” and 3% “sell” recommendations.
The New York–based Ralph (RL) is covered by 22 Wall Street analysts. The company is rated a 3.0 with 82% “hold,” 9% “buy,” and 9% “sell” recommendations.
Hanesbrands (HBI) is covered by 15 Wall Street analysts. The company has received a rating of 2.0 on a scale of 1 (strong buy) to 5 (strong sell). There were two analyst actions on the company in September.
Phillips-Van Heusen Corporation or PVH Corp. (PVH) is among the best-rated apparel stocks. The company is rated a 1.9 on a scale of 1 (strong buy) to 5 (strong sell).
VF Corporation (VFC) is covered by 23 Wall Street analysts with a mostly neutral view on the company. It has received a rating of 2.6 on a scale of 1 (strong buy) to 5 (sell).
The yoga-inspired athletic apparel retailer Lululemon Athletica (LULU) received a positive response from Wall Street in September 2017.
The Baltimore-based Under Armour (UAA), which is covered by 34 Wall Street analysts, saw two analyst actions in September.
Nike (NKE), the world’s largest apparel company and America’s leading sportswear brand, faced analyst downgrades and target price revisions in September.