Skechers U.S.A., Inc. Share Price Target ‘$78.74’, now 7.6% Upside Potential

Broker Ratings
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Skechers U.S.A., Inc. with ticker code (SKX) have now 15 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $88.00 and $60.00 and has a mean share price target at $78.74. (at the time of writing). Given that the stocks previous close was at $73.16 and the analysts are correct then there would likely be a percentage uptick in value of 7.6%. The 50 day MA is $66.59 and the 200 day MA is $58.87. The company has a market cap of 11.15B. The stock price for the company is currently $73.08 USD

The potential market cap would be $11,996,056,238 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 19.23, 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.

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