Bull Of The Day: Skechers USA Inc (SKX)
July 25, 2019 at 12:29 PM EDT
Even after the recent runup, Skechers still trades at a forward P/E Ratio of just 18X, roughly in line with the S&P 500 and considerably lower than the industry average of 27X. The strong guidance has led to 5 positive upwards earnings revisions.