Skechers U.S.A., Inc. with ticker code (SKX) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 75 and 49 suggesting an average Analsyt target price of $62.27. Now with the previous closing price of $48.62 this now indicates there is a potential upside of 28.1%. There is a 50 day moving average of $48.85 while the 200 day moving average is $49.29. The market capitalization for the company is 7.42B. The stock price is currently at: 47.96 USD
The potential market cap would be $9,505,718,709 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 15.83, 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.
