The share price only depend on sypply and demand.
earnings of $0.80 a share could mean a $4-$400 stock.
similar companies trading at p/e 10-30 or more, meaning $8-$24 for skullcandy.
the most important is a vision of the company. If they can prove that they can expand their business to clothes, bags, europe, asia or..... The sky is the limit