# Skechers U.S.A., Inc. – Consensus ‘buy’ rating and 30.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/skechers-u.s.a.inc.consensus-buy-rating-and-30.5-upside-potential/4121127548
- Published: 2023-09-19T14:02:13+01:00
- Author: Charlotte Edwards

**Skechers U.S.A., Inc.** with ticker code (SKX) now have 11 confirmed analysts 
covering the stock with the consensus suggesting a rating of ‘buy’. The range between
the high target price and low target price is between 75 and 49 suggesting an average
Analsyt target price of $61.82. Given that the stocks previous close was at $47.38
this indicates there is a potential upside of 30.5%. The 50 day moving average now
sits at $51.61 and the 200 moving average now moves to $48.49. The market cap for
the company is 7.27B. The current share price for the company is: 47.01 USD

 The potential market cap would be $9,492,182,395 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 15.51, 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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