Navigating 9 Analyst Ratings For Skechers USA
Portfolio Pulse from Benzinga Insights
Skechers USA (NYSE:SKX) has received mixed analyst ratings over the past three months, with a majority being bullish. The average 12-month price target has increased by 3.67% to $78.56. Analysts have adjusted their ratings and price targets, reflecting their response to recent developments. Skechers shows strong revenue growth and net margin but has a lower ROE compared to industry standards.
September 23, 2024 | 7:00 pm
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Skechers USA has received predominantly bullish analyst ratings, with an increase in the average 12-month price target to $78.56. The company shows strong revenue growth and net margin, but a lower ROE compared to industry standards.
The majority of analysts have a bullish outlook on Skechers, with an increase in the average price target, indicating positive sentiment. The company's strong revenue growth and net margin further support a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100