Skechers U.S.A., Inc. which can be found using ticker (SKX) now have 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $85.00 and $56.00 suggesting an average analyst share price target price of $70.25. (at the time of writing). Given that the stocks previous close was at $60.90 this indicates there is a potential upside of 15.4%. Also worth taking note is the 50 day moving average now sits at $61.41 while the 200 day moving average is $54.14. The market capitalization for the company is 9.50B. The stock price is currently at: $61.72 USD
The potential market cap would be $10,962,814,882 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 17.68, 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.
