# Skechers U.S.A., Inc. – Consensus ‘buy’ rating and 28.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/skechers-u.s.a.inc.consensus-buy-rating-and-28.1-upside-potential/4121130852
- Published: 2023-10-26T13:04:41+01:00
- Author: Charlotte Edwards

**Skechers U.S.A., Inc.** with ticker code (SKX) now have 11 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between 75 and 49 suggesting an average Analsyt target price of 
$62.27. Now with the previous closing price of $48.62 this now indicates there is
a potential upside of 28.1%. There is a 50 day moving average of $48.85 while the
200 day moving average is $49.29. The market capitalization for the company is 7.42B.
The stock price is currently at: 47.96 USD

 The potential market cap would be $9,505,718,709 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 15.83, 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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