Skechers U.S.A., Inc. with ticker code (SKX) now have 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 75 and 49 suggesting an average Analsyt target price of $61.82. Given that the stocks previous close was at $47.38 this indicates there is a potential upside of 30.5%. The 50 day moving average now sits at $51.61 and the 200 moving average now moves to $48.49. The market cap for the company is 7.27B. The current share price for the company is: 47.01 USD
The potential market cap would be $9,492,182,395 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 15.51, 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.
