Skechers U.S.A., Inc. with ticker code (SKX) have now 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $88.00 and $56.00 with the average share target price sitting at $70.64. (at the time of writing). Given that the stocks previous close was at $64.07 this would indicate that there is a potential upside of 10.3%. The 50 day moving average now sits at $58.76 and the 200 moving average now moves to $52.69. The company has a market cap of 9.81B. The current share price for the company is: $63.72 USD
The potential market cap would be $10,817,797,684 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 18.69, 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.
