# Skechers U.S.A., Inc. – Consensus ‘buy’ rating and 29.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/skechers-u.s.a.inc.consensus-buy-rating-and-29.1-upside-potential/4121131643
- Published: 2023-11-01T14:19:14+00:00
- Author: Charlotte Edwards

**Skechers U.S.A., Inc.** with ticker code (SKX) now have 11 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The target price High/Low 
ranges between $75.00 and $49.00 and has a mean target at $62.27. Given that the
stocks previous close was at $48.22 and the analysts are correct then there would
likely be a percentage uptick in value of 29.1%. The day 50 moving average is $48.53
and the 200 day moving average is $49.31. The total market capitalization for the
company now stands at 7.38B. The stock price for the company is currently $47.72
USD

 The potential market cap would be $9,535,609,705 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 13.99, revenue per share of $51.10
and a 6.66% 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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