Crocs Inc [CROX] stock is trading at $148.92, up 4.42%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CROX shares have gain 5.65% over the last week, with a monthly amount glided 20.57%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Crocs Inc [NASDAQ: CROX] stock has seen the most recent analyst activity on May 08, 2024, when Monness Crespi & Hardt reiterated its Buy rating and also boosted its price target to $170 from $140. Previously, Barclays started tracking the stock with Overweight rating on April 01, 2024, and set its price target to $167. On February 07, 2024, KeyBanc Capital Markets initiated with a Overweight rating and assigned a price target of $130 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $128 on December 12, 2023. Raymond James upgraded its rating to a Strong Buy and raised its price target to $115 on November 28, 2023. Raymond James upgraded its rating to Outperform for this stock on October 20, 2023, but kept the price target unchanged to $110. In a note dated September 07, 2023, B. Riley Securities downgraded an Neutral rating on this stock and revised its target price from $125 to $101.
Crocs Inc [CROX] stock has fluctuated between $74.00 and $148.16 over the past year. Currently, Wall Street analysts expect the stock to reach $140.11 within the next 12 months. Crocs Inc [NASDAQ: CROX] shares were valued at $148.92 at the most recent close of the market. An investor can expect a potential drop of -5.92% based on the average CROX price forecast.
Analyzing the CROX fundamentals
Crocs Inc [NASDAQ:CROX] reported sales of 4.02B for the trailing twelve months, which represents a growth of 6.16%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.58 and Total Capital is 0.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 145.53 points at the first support level, and at 142.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 151.51, and for the 2nd resistance point, it is at 154.11.
Ratios To Look Out For
For context, Crocs Inc’s Current Ratio is 1.76. Further, the Quick Ratio stands at 1.14, while the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 2.25, the price to book ratio is 5.66 and price to earnings (TTM) ratio is 11.52.
Transactions by insiders
Recent insider trading involved SMACH THOMAS J, Director, that happened on May 10 ’24 when 10174.0 shares were sold. Director, REPLOGLE JOHN B completed a deal on Mar 14 ’24 to buy 1972.0 shares. Meanwhile, President Poole Michelle sold 5074.0 shares on Mar 12 ’24.
