Skechers U.S.A., Inc. which can be found using ticker (SKX) have now 11 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $88.00 and $49.00 and has a mean target at $64.00. Given that the stocks previous close was at $57.50 this indicates there is a potential upside of 11.3%. The 50 day moving average now sits at $49.75 and the 200 day MA is $49.86. The total market capitalization for the company now stands at 9.03B. The stock price is currently at: $58.64 USD
The potential market cap would be $10,050,165,573 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 17.2, revenue per share of $51.10 and a 6.67% 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.
