An announcement from Skechers USA ( (SKX) ) is now available.
On May 4, 2025, Skechers U.S.A., Inc. announced an agreement to be acquired by 3G Capital, a global investment firm, in a merger that will see Skechers become a privately held company. The transaction, valued at $63.00 per share in cash, represents a 30% premium over the company’s 15-day volume-weighted average stock price. This strategic move, unanimously approved by Skechers’ board, aims to support the company’s long-term growth and strategic initiatives, with the current management team continuing to lead the company alongside 3G Capital.
Spark’s Take on SKX Stock
According to Spark, TipRanks’ AI Analyst, SKX is a Outperform.
Skechers presents a solid financial foundation with consistent revenue growth and stable margins. However, technical indicators suggest a cautious outlook due to the stock trading below key moving averages and limited momentum. The valuation is attractive, but the absence of a dividend and uncertainty from the earnings call contribute to a moderate overall score. Key strengths include robust international sales and a strong balance sheet, while challenges in China and global trade uncertainties pose risks.
To see Spark’s full report on SKX stock, click here.
More about Skechers USA
Skechers U.S.A., Inc. is a Fortune 500 company and the third largest footwear company globally, known for its focus on style, comfort, quality, and innovation at an affordable price. With $9 billion in annual sales, Skechers has a diverse distribution network and a loyal customer base, positioning itself as a growth-oriented, product-driven brand.
YTD Price Performance: -26.63%
Average Trading Volume: 3,482,153
Technical Sentiment Signal: Buy
Current Market Cap: $7.43B
See more insights into SKX stock on TipRanks’ Stock Analysis page.