# Skechers U.S.A., Inc.  Share Price Target ‘$70.25’, now 15.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/skechers-u.s.a.inc.share-price-target-70.25-now-15.4-upside-potential/4121145142
- Published: 2024-02-29T13:33:25+00:00
- Author: Charlotte Edwards

**Skechers U.S.A., Inc.** which can be found using ticker (SKX) now have 12 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $85.00 and $56.00 suggesting an average analyst
share price target price of $70.25. (at the time of writing). Given that the stocks
previous close was at $60.90 this indicates there is a potential upside of 15.4%.
Also worth taking note is the 50 day moving average now sits at $61.41 while the
200 day moving average is $54.14. The market capitalization for the company is 9.50B.
The stock price is currently at: $61.72 USD

 The potential market cap would be $10,962,814,882 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 17.68, revenue per share of $51.77
and a 6.79% 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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