Jefferies Financial Group Inc. (JEF) At $23.33 Forms Bottom; 16 Bullish Analysts Covering Skechers U.S.A., Inc. (SKX)

June 25, 2018 - By Shannon Black

Skechers U.S.A., Inc. (NYSE:SKX) Logo

Among 20 analysts covering Skechers Usa Inc. (NYSE:SKX), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Skechers Usa Inc. had 73 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, June 8 by Wedbush. The company was downgraded on Wednesday, March 29 by Susquehanna. Citigroup maintained it with “Buy” rating and $34 target in Friday, July 21 report. The stock has “Positive” rating by Susquehanna on Monday, June 5. The firm has “Buy” rating given on Friday, October 20 by Cowen & Co. Monness Crespi & Hardt upgraded the shares of SKX in report on Friday, December 23 to “Buy” rating. The company was downgraded on Thursday, March 16 by Standpoint Research. The firm has “Buy” rating by Susquehanna given on Tuesday, January 9. The firm earned “Buy” rating on Wednesday, April 18 by Citigroup. The stock of Skechers U.S.A., Inc. (NYSE:SKX) has “Buy” rating given on Friday, October 20 by Monness Crespi. See Skechers U.S.A., Inc. (NYSE:SKX) latest ratings:

21/06/2018 Broker: UBS Rating: Buy New Target: $42 Initiates Coverage On
08/06/2018 Broker: Wedbush Old Rating: Neutral New Rating: Neutral Old Target: $34 New Target: $33 Maintain
19/04/2018 Broker: Cowen & Co Rating: Buy New Target: $41.0000 Maintain
20/04/2018 Broker: Wedbush Old Rating: Outperform New Rating: Neutral Downgrade
18/04/2018 Broker: Citigroup Rating: Buy New Target: $50.0000 Reinitiate
17/04/2018 Broker: FBR Capital Rating: Buy New Target: $50.0000 Maintain
18/04/2018 Broker: Buckingham Research Old Rating: Buy New Rating: Buy New Target: $48 Reinitiate
13/04/2018 Broker: Susquehanna Rating: Buy New Target: $52.0000 Maintain
09/02/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $45 New Target: $50 Maintain
08/02/2018 Broker: Cowen & Co Rating: Buy New Target: $46.0 Maintain

Jefferies Financial Group Inc. (JEF) formed multiple bottom with $21.70 target or 7.00% below today’s $23.33 share price. Jefferies Financial Group Inc. (JEF) has $8.04B valuation. The stock increased 1.57% or $0.36 during the last trading session, reaching $23.33. About 3.62 million shares traded or 29.05% up from the average. Jefferies Financial Group Inc. (NYSE:JEF) has 0.00% since June 25, 2017 and is . It has underperformed by 12.57% the S&P500.

Analysts await Jefferies Financial Group Inc. (NYSE:JEF) to report earnings on July, 26. They expect $-0.17 EPS, down 206.25% or $0.33 from last year’s $0.16 per share. After $0.34 actual EPS reported by Jefferies Financial Group Inc. for the previous quarter, Wall Street now forecasts -150.00% negative EPS growth.

The stock increased 0.16% or $0.05 during the last trading session, reaching $30.42. About 3.35 million shares traded. Skechers U.S.A., Inc. (NYSE:SKX) has risen 27.58% since June 25, 2017 and is uptrending. It has outperformed by 15.01% the S&P500. Some Historical SKX News: 15/03/2018 – Hyundai Enters Second Year as the Official Automotive Sponsor of the Skechers Performance Los Angeles Marathon; 14/03/2018 – Skechers Performance™ Returns for Its Third Year as Title Sponsor of the 2018 Skechers Performance™ Los Angeles Marathon®; 09/05/2018 – Skechers at Site Visit Hosted By Wedbush Today; 20/04/2018 – Skechers Distribution Bottlenecks Spark Share Drop of 29 Percent; 20/04/2018 – Skechers Distribution Bottlenecks Threaten to Steal Momentum; 12/04/2018 – Skechers Honors Manhattan Beach with Two Downtown Mosaics from Acclaimed Artist; 19/04/2018 – SKECHERS 1Q EPS 75C, EST. 74C; 19/04/2018 – After-hours buzz: SKX, ETFC, PF & more; 12/03/2018 – SKECHERS to Launch Garfield® Collection; 26/03/2018 – Limited Edition Skechers D’Lites & Toei Animation Inc’s One Piece Collection to Launch in the United States and Canada

Investors sentiment decreased to 1.08 in Q1 2018. Its down 0.26, from 1.34 in 2017Q4. It fall, as 30 investors sold Skechers U.S.A., Inc. shares while 99 reduced holdings. 58 funds opened positions while 81 raised stakes. 108.75 million shares or 1.56% less from 110.47 million shares in 2017Q4 were reported. Pub Employees Retirement System Of Ohio reported 123,278 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 8,030 shares. Etrade Capital Mngmt Limited Liability Corporation has 0.01% invested in Skechers U.S.A., Inc. (NYSE:SKX) for 7,426 shares. Bogle Invest Limited Partnership De accumulated 388,654 shares. Scopus Asset Mngmt L P reported 1.13 million shares stake. Credit Suisse Ag accumulated 535,430 shares. First Tru Advisors Limited Partnership has invested 0.02% in Skechers U.S.A., Inc. (NYSE:SKX). California Employees Retirement System accumulated 0.01% or 243,150 shares. Geode Mngmt Ltd Com holds 0.01% or 1.15 million shares in its portfolio. Harvey Cap Management invested in 64,900 shares or 0.94% of the stock. Quantitative Invest Mngmt Limited Company accumulated 145,300 shares. Brown Brothers Harriman & Company has invested 0% in Skechers U.S.A., Inc. (NYSE:SKX). Goldman Sachs Gp owns 4.01M shares for 0.04% of their portfolio. Amica Mutual Ins Com invested in 0.57% or 117,189 shares. Mutual Of America Capital Mgmt Limited Company has invested 0.07% in Skechers U.S.A., Inc. (NYSE:SKX).

Since February 28, 2018, it had 0 insider buys, and 6 insider sales for $4.51 million activity. Another trade for 37,814 shares valued at $1.53 million was sold by GREENBERG ROBERT. 25,210 Skechers U.S.A., Inc. (NYSE:SKX) shares with value of $708,951 were sold by WEINBERG DAVID. $673,687 worth of Skechers U.S.A., Inc. (NYSE:SKX) was sold by NASON MARK A on Friday, March 2. Shares for $663,113 were sold by PACCIONE PHILLIP on Friday, March 2.

Skechers U.S.A., Inc. (NYSE:SKX) Institutional Positions Chart