# Skechers U.S.A., Inc.  Share Price Target ‘$78.74’, now 17.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/skechers-u.s.a.inc.share-price-target-78.74-now-17.0-upside-potential/4121163815
- Published: 2024-07-05T15:20:14+01:00
- Author: Charlotte Edwards

**Skechers U.S.A., Inc.** with ticker code (SKX) now have 15 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between $88.00 and $60.00 calculating the mean target share price
we have $78.74. (at the time of writing). Given that the stocks previous close was
at $67.32 this indicates there is a potential upside of 17.0%. The 50 day MA is 
$68.99 and the 200 day moving average is $59.84. The total market capitalization
for the company now stands at 10.19B. The stock price for the company is currently
$66.79 USD

 The potential market cap would be $11,914,195,643 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 17.58, 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.

Share on: