# Skechers U.S.A., Inc. – Consensus ‘buy’ rating and 28.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/skechers-u.s.a.inc.consensus-buy-rating-and-28.4-upside-potential/4121129672
- Published: 2023-10-13T13:38:37+01:00
- Author: Charlotte Edwards

**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.

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