A statement released earlier today by Vetr Inc. about Skechers USA Inc (NYSE:SKX) bumps the target price to $25.17
- Updated: November 30, 2016
Having a price of $22.78, Skechers USA Inc (NYSE:SKX) traded -3.59% lower on the day. With the last close down -15.67% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same period. Skechers USA Inc has recorded a 50-day average of $21.56 and a two hundred day average of $25.47. Volume of trade was up over the average, with 3,593,239 shares of SKX changing hands over the typical 3,086,940
Stating a potential upside of 0.10%, Vetr Inc. upped the price target of Skechers USA Inc (NYSE:SKX) to $25.17
On 11/29/2016, Vetr Inc. released a statement on Skechers USA Inc (NYSE:SKX) upped the target price from $0.00 to $24.54 that suggested an upside of 0.14%.
With a total market value of $0, Skechers USA Inc has price-earnings ratio of 12.48 with a one year low of $18.81 and a one year high of $34.27 .
A total of 10 analysts have released a report on Skechers USA Inc. Four analysts rating the company a strong buy, three analysts rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $40.53.
More About Skechers USA Inc (NYSE:SKX)
Skechers U.S.A., Inc. is a designer and marketer of Skechers-branded lifestyle footwear for men, women and children, and performance footwear for men and women under the Skechers GO brand name. The Company operates through three segments: domestic wholesale sales, international wholesale sales, and retail sales, which includes e-commerce sales. The Company's brands are sold through department and specialty stores, athletic and independent retailers, boutiques and Internet retailers. In addition to wholesale distribution, the Company's footwear is available at its e-commerce site and its own retail stores. The Company operates approximately 120 concept stores, over 160 factory outlet stores and over 120 warehouse outlet stores in the United States, and approximately 80 concept stores, over 40 factory outlet stores, and over five warehouse outlet stores internationally.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.