Skechers U.S.A., Inc. which can be found using ticker (SKX) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $88.00 and $60.00 with the average share target price sitting at $78.74. (at the time of writing). Given that the stocks previous close was at $66.72 this now indicates there is a potential upside of 18.0%. The day 50 moving average is $69.53 and the 200 day moving average is $60.33. The total market capitalization for the company now stands at 10.36B. The current share price for the company is: $67.90 USD
The potential market cap would be $12,221,580,345 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 17.87, revenue per share of $53.58 and a 7.38% 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.
