Skechers USA Inc (NYSE:SKX) target bumped up to $24.54, released a research note earlier today by Vetr Inc.
- Updated: November 29, 2016
Displaying a price of $21.48, Skechers USA Inc (NYSE:SKX) traded -3.59% lower on the day. The last stock close price is down -15.67% from the 200-day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. SKX has recorded a 50-day moving average of $21.56 and a 200-day moving average of $25.47. 3,593,239 shares of Skechers USA Inc traded, up from an avg. volume of 3,086,940
Vetr Inc. upped the price target of Skechers USA Inc (NYSE:SKX) to $24.54 stating a potential upside of 0.14%.
On 02/11/2016, Susquehanna released a statement for Skechers USA Inc (NYSE:SKX) bumped up the target price from $30.00 to $31.00 that suggested an upside of 0.06%.
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 equity analysts have released a ratings update on SKX. 4 brokers rating the stock a strong buy, three analysts rating the company a buy, three analysts rating the company a hold, 0 brokerages rating the stock a underperform, and finally 0 equity analysts rating the company a sell with a one year 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.
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