The outlook and analysis of Crocs Inc (CROX)’s stock

Crocs Inc [CROX] stock is trading at $143.18, up 2.22%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CROX shares have gain 6.05% over the last week, with a monthly amount glided 8.05%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Previously, Raymond James downgraded its rating to Outperform on August 02, 2024, and kept the price target unchanged to $164. On May 08, 2024, Monness Crespi & Hardt reiterated its Buy rating and revised its price target to $170 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $167 on April 01, 2024. KeyBanc Capital Markets initiated its recommendation with a Overweight and recommended $130 as its price target on February 07, 2024. BofA Securities started tracking with a Buy rating for this stock on December 12, 2023, and assigned it a price target of $128. In a note dated November 28, 2023, Raymond James upgraded an Strong Buy rating on this stock and boosted its target price from $98 to $115.

Crocs Inc [CROX] stock has fluctuated between $74.00 and $165.32 over the past year. Currently, Wall Street analysts expect the stock to reach $147.36 within the next 12 months. Crocs Inc [NASDAQ: CROX] shares were valued at $143.18 at the most recent close of the market. An investor can expect a potential return of 2.92% based on the average CROX price forecast.

Analyzing the CROX fundamentals

Crocs Inc [NASDAQ:CROX] reported sales of 4.06B for the trailing twelve months, which represents a growth of 3.65%. Gross Profit Margin for this corporation currently stands at 0.57% 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 0.55 and Total Capital is 0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.96.

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 139.48 points at the first support level, and at 135.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 145.23, and for the 2nd resistance point, it is at 147.29.

Ratios To Look Out For

For context, Crocs Inc’s Current Ratio is 1.50. Also, the Quick Ratio is 0.95, while the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 2.10, the price to book ratio is 5.16 and price to earnings (TTM) ratio is 10.77.

Transactions by insiders

Recent insider trading involved TREFF DOUGLAS J, Director, that happened on Aug 08 ’24 when 10594.0 shares were sold. Director, TREFF DOUGLAS J completed a deal on Aug 08 ’24 to buy 10594.0 shares. Meanwhile, Director REPLOGLE JOHN B bought 1996.0 shares on Aug 02 ’24.

Related Posts