Investors never know what to expect for Skechers USA
What analysts say:
- Buy, sell, or hold?: Analysts are bullish on Skechers, as two analysts rate it as a buy and only one analyst rates it as a sell. Analysts don't like Skechers as much as competitor Brown Shoe Company overall.
- Revenue forecasts: On average, analysts predict $464.7 million in revenue this quarter. That would represent a decline of 16.2% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.01 per share. Estimates range from a loss of $0.14 to a profit of $0.12.
What our community says:
CAPS All-Stars are solidly behind the stock, with 97% granting it an outperform rating. The community at large agrees with the All-Stars, with 94.9% awarding it a rating of outperform. Fools are gung-ho about Skechers and haven't been shy with their opinions lately, logging 230 posts in the past 30 days. Skechers has a bullish CAPS rating of five out of five stars that is about on par with the Fool community assessment.
Revenue has fallen in the past two quarters. The company's gross margin shrank by 14 percentage points in the last quarter. Revenue fell 13.8% while cost of sales rose 8.9% to $291 million from a year earlier.
For all our Skechers-specific analysis, including earnings and beyond, add Skechers USA to My Watchlist.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.