Where Skechers USA Stands With Analysts
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on Skechers USA (NYSE:SKX) with 10 analysts providing ratings over the past three months. The average 12-month price target has increased to $78.3, with a high of $83.00 and a low of $72.00. Skechers has shown strong financial performance with a 7.21% revenue growth rate, a net margin of 6.5%, and a debt-to-equity ratio of 0.42.
October 14, 2024 | 4:00 pm
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Skechers USA has received mixed analyst ratings with a slight increase in the average price target to $78.3. The company's strong financial performance, including a 7.21% revenue growth rate and a net margin of 6.5%, supports a positive outlook.
The increase in the average price target and strong financial metrics such as revenue growth and net margin suggest a positive short-term impact on Skechers' stock price. Analysts' mixed ratings indicate some uncertainty, but the overall financial health of the company supports a likely upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100