Skechers U.S.A., Inc. with ticker code (SKX) now have 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘strong_buy’. The range between the high target price and low target price is between $100.00 and $72.00 calculating the average target price we see $82.05. Given that the stocks previous close was at $60.70 this is indicating there is a potential upside of 35.2%. Also worth taking note is the 50 day moving average now sits at $64.03 and the 200 day moving average is $64.35. The total market capitalization for the company now stands at 9.16B. The stock price is currently at: $60.77 USD
The potential market cap would be $12,387,567,180 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 14.97, revenue per share of $57.10 and a 6.84% 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.
