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 calculating the average target price we see $81.41. Now with the previous closing price of $65.13 and the analysts are correct then there would likely be a percentage uptick in value of 25.0%. It’s also worth noting that there is a 50 day moving average of $68.76 and the 200 day MA is $61.58. The market capitalization for the company is 9.65B. The current share price for the company is: $63.27 USD
The potential market cap would be $12,061,817,117 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 16.96, revenue per share of $54.74 and a 7.05% 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.
