Skechers U.S.A., Inc. with ticker code (SKX) have now 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $88.00 and $49.00 with the average share target price sitting at $65.18. (at the time of writing). Given that the stocks previous close was at $60.95 this would imply there is now a potential upside of 6.9%. There is a 50 day moving average of $55.99 and the 200 moving average now moves to $51.91. The market cap for the company is 9.39B. The stock price is currently at: $60.33 USD
The potential market cap would be $10,036,518,062 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 17.9, revenue per share of $51.10 and a 6.67% 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.
