Skechers U.S.A., Inc. Share Price Target ‘$81.41’, now 20.8% Upside Potential

Broker Ratings
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Skechers U.S.A., Inc. which can be found using ticker (SKX) now have 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $92.00 and $72.00 with the average share target price sitting at $81.41. (at the time of writing). Now with the previous closing price of $67.39 and the analysts are correct then we can expect a percentage increase in value of 20.8%. The 50 day moving average now sits at $65.77 and the 200 moving average now moves to $63.54. The company has a market capitalization of 10.26B. Currently the stock stands at: $67.37 USD

The potential market cap would be $12,398,564,509 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 18.06, revenue per share of $54.74 and a 7.06% 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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