Skechers U.S.A., Inc. with ticker code (SKX) now have 13 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $85.00 and $56.00 with the average target price sitting at $70.62. Now with the previous closing price of $56.52 this is indicating there is a potential upside of 24.9%. There is a 50 day moving average of $59.60 and the 200 day MA is $55.47. The company has a market capitalization of 8.88B. The current share price for the company is: $56.86 USD
The potential market cap would be $11,092,725,152 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 16.29, revenue per share of $51.77 and a 6.81% 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.
