Skechers Surges to 190th in Trading Volume with $432 Million Turnover

On June 24, 2025, Skechers (SKX) saw a significant increase in trading volume, with a turnover of $432 million, marking a 36.08% rise from the previous day. This surge placed Skechers at the 190th position in terms of trading volume for the day. The stock price of Skechers has been on an upward trajectory, rising by 0.14% and maintaining a three-day winning streak, with a cumulative increase of 0.51% over the past three days.

Skechers U.S.A., Inc. is a prominent footwear company that designs, develops, markets, and distributes footwear for men, women, and children under the SKECHERS brand, as well as several other uniquely branded names. The company has a strong distribution network and joint venture partners in Asia and the Middle East.

Analysts have given Skechers a favorable outlook, with an average rating of "Buy" based on the assessments of 12 analysts. The 12-month stock price forecast for Skechers is $69.18, which represents a 10.37% increase from the current price.

Skechers' stock has experienced volatility, with a year-high of $78.85 and a year-low of $44.50. The company's market capitalization stands at $9.38 billion, with 149.60 million shares outstanding. This positions Skechers as the 1916th most valuable company globally.

In recent news, Skechers' stock has been influenced by various factors, including market conditions and company-specific announcements. The company's revenue for the quarter ending March 31, 2025, was $2.41 billion, reflecting a 7.11% growth. This brings the company's revenue for the last twelve months to $9 billion.