# Skechers U.S.A., Inc. – Consensus ‘buy’ rating and 25.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/skechers-u.s.a.inc.consensus-buy-rating-and-25.6-upside-potential/4121166064
- Published: 2024-07-26T11:51:36+01:00
- Author: Charlotte Edwards

**Skechers U.S.A., Inc.** which can be found using ticker (SKX) now have 15 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The target
price High/Low ranges between $88.00 and $68.00 calculating the average target price
we see $80.41. Given that the stocks previous close was at $64.02 this indicates
there is a potential upside of 25.6%. Also worth taking note is the 50 day moving
average now sits at $69.18 while the 200 day moving average is $61.18. The total
market capitalization for the company now stands at 9.72B. The stock price for the
company is currently $63.71 USD

 The potential market cap would be $12,204,507,032 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 16.77, 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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