Skechers U.S.A., Inc. which can be found using ticker (SKX) have now 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘strong_buy’. The target price High/Low ranges between $100.00 and $72.00 with the average target price sitting at $83.12. Now with the previous closing price of $70.29 this would imply there is now a potential upside of 18.3%. Also worth taking note is the 50 day moving average now sits at $63.80 and the 200 day MA is $64.75. The total market capitalization for the company now stands at 10.73B. The price for the stock stands currently at: $71.05 USD
The potential market cap would be $12,685,019,560 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 17.5, revenue per share of $57.10 and a 6.84% return on assets.
Skechers U.S.A., Inc. designs, develops and markets a diverse range of lifestyle and performance footwear, apparel and accessories for men, women and children. The Company has two segments: Wholesale and Direct-to-Consumer. Wholesale segment primarily comprises sales to its network of partners, including department stores, family shoe stores, specialty running and sporting goods retailers, and big box club stores; franchisee and licensee third-party store operators representing approximately 3,100 Skechers branded stores worldwide; dedicated e-commerce retailers; and international distributors. Direct-to-Consumer segment primarily comprises sales by Skechers directly to consumers through a combination of channels, including approximately 1,450 the Company-owned retail stores in formats consisting of concept, factory outlet and big box; digital commerce sites and mobile applications; and hosted direct-to-consumer sales through marketplaces in select international markets.
