# Skechers U.S.A., Inc. – Consensus ‘buy’ rating and 28.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/skechers-u.s.a.inc.consensus-buy-rating-and-28.9-upside-potential/4121174964
- Published: 2024-10-23T15:14:19+01:00
- Author: Charlotte Edwards

**Skechers U.S.A., Inc.** with ticker code (SKX) now have 14 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between $92.00 and $72.00 calculating the average target price we
see $80.41. Now with the previous closing price of $62.36 this would imply there
is now a potential upside of 28.9%. There is a 50 day moving average of $66.09 and
the 200 day moving average is $64.46. The total market capitalization for the company
now stands at 9.53B. The current share price for the company is: $62.54 USD

 The potential market cap would be $12,285,259,935 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 $54.74
and a 7.06% 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.

Share on: