Skechers U.S.A., Inc. which can be found using ticker (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 $85.00 and $56.00 calculating the mean target share price we have $70.00. (at the time of writing). Given that the stocks previous close was at $57.05 this is indicating there is a potential upside of 22.7%. The 50 day MA is $61.46 and the 200 moving average now moves to $53.64. The company has a market capitalization of 8.93B. The current share price for the company is: $57.97 USD
The potential market cap would be $10,952,489,148 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 16.61, revenue per share of $51.77 and a 6.79% 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.
