Skechers U.S.A., Inc. with ticker code (SKX) have now 13 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $85.00 and $56.00 calculating the mean target share price we have $71.00. (at the time of writing). Given that the stocks previous close was at $58.08 and the analysts are correct then there would likely be a percentage uptick in value of 22.2%. It’s also worth noting that there is a 50 day moving average of $60.41 and the 200 day moving average is $55.17. The company has a market capitalization of 8.95B. The stock price is currently at: $58.38 USD
The potential market cap would be $10,938,807,502 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 16.73, revenue per share of $51.77 and a 6.81% 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.
