Skechers U.S.A., Inc. : The stock should "speed-up"
By Etienne Veber
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
US$136.95 | US$0 | US$0 | -100% |
The company is healthy with its growth perspective and its growing margin year after year. Analysts are very optimistic on the company and expect the revenue to double in a 2017 horizon. Moreover, the average target price is set at USD 163, corresponding to around 15% potential.
The technical analysis of the share show an upward trend on a mid and long term horizon. In weekly data, the support is made by the 20 period moving average which act as a stepping stone on the stock.
In consequence, investors could buy the stock with the USD 160 as a main target and a stop-loss placed below the USD 130.5 support.