Skechers U.S.A., Inc. with ticker code (SKX) now have 12 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 $88.00 and $60.00 with the average target price sitting at $74.83. Given that the stocks previous close was at $69.37 this would imply there is now a potential upside of 7.9%. The 50 day moving average now sits at $61.63 and the 200 day MA is $56.66. The market capitalization for the company is 10.41B. The stock price for the company is currently $68.25 USD
The potential market cap would be $11,228,582,488 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 17.96, revenue per share of $53.58 and a 7.38% 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.
