Skechers U.S.A., Inc. with ticker code (SKX) have now 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 75 and 48 calculating the average target price we see $61.51. Given that the stocks previous close was at $54.28 this indicates there is a potential upside of 13.3%. It’s also worth noting that there is a 50 day moving average of $52.58 and the 200 moving average now moves to $46.65. The company has a market cap of 8.47B. The current share price for the company is: 54.75 USD
The potential market cap would be $9,600,100,335 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 21.22, revenue per share of 50.08 and a 5.98% 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.
