Skechers U.S.A., Inc. which can be found using ticker (SKX) have now 11 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 75 and 49 with the average target price sitting at $62.27. Given that the stocks previous close was at $48.48 and the analysts are correct then we can expect a percentage increase in value of 28.4%. It’s also worth noting that there is a 50 day moving average of $49.77 and the 200 moving average now moves to $49.03. The company has a market cap of 7.50B. The stock price for the company is currently 48.46 USD
The potential market cap would be $9,632,555,918 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 16.05, 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.
