# Skechers U.S.A., Inc. – Consensus ‘buy’ rating and 26.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/skechers-u.s.a.inc.consensus-buy-rating-and-26.6-upside-potential/4121130161
- Published: 2023-10-20T13:35:29+01:00
- Author: Charlotte Edwards

**Skechers U.S.A., Inc.** which can be found using ticker (SKX) now have 11 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The range
between the high target price and low target price is between 75 and 49 and has 
a mean target at $62.27. Given that the stocks previous close was at $49.19 this
would imply there is now a potential upside of 26.6%. There is a 50 day moving average
of $49.26 and the 200 day MA is $49.21. The market capitalization for the company
is 7.55B. The stock price for the company is currently 48.78 USD

 The potential market cap would be $9,556,210,470 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 15.68, revenue per share of 50.08
and a 5.98% 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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