Skechers U.S.A., Inc. with ticker code (SKX) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $92.00 and $72.00 with the average target price sitting at $81.01. Given that the stocks previous close was at $65.48 this would imply there is now a potential upside of 23.7%. The 50 day moving average now sits at $65.22 and the 200 day MA is $64.16. The company has a market cap of 10.55B. The stock price is currently at: $69.23 USD
The potential market cap would be $13,048,087,523 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 18.56, revenue per share of $54.74 and a 7.06% 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.
