I can’t figure out why SKX stock is selling for so less. PE is only 12 or 13. Revenue grew at 32% in 2015, and still expected to grow at 16% in 2016. The business appears to be firing on all cylinders.
I agree with your thought, and that is why I started a position recently after the big drop.
The folks at S&P Capital IQ rate SKX a Strong Buy- 5 Stars with a 12 month price target of $40.
DHeavy