Are Crocs Inc (CROX) stocks a prudent buy?

Crocs Inc [CROX] stock is trading at $113.27, up 1.26%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CROX shares have gain 3.96% over the last week, with a monthly amount glided 11.26%, 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 November 22, 2024, when Needham initiated its Buy rating and assigned the stock a price target of $116. Previously, Loop Capital downgraded its rating to Hold on November 07, 2024, and dropped its price target to $110. On October 30, 2024, Monness Crespi & Hardt reiterated its Buy rating and revised its price target to $140 on the stock. Raymond James downgraded its rating to a Mkt Perform. Guggenheim initiated its recommendation with a Buy and recommended $182 as its price target on October 09, 2024. In a note dated August 02, 2024, Raymond James downgraded an Outperform rating on this stock but restated the target price of $164.

Crocs Inc [CROX] stock has fluctuated between $85.71 and $165.32 over the past year. Currently, Wall Street analysts expect the stock to reach $145.64 within the next 12 months. Crocs Inc [NASDAQ: CROX] shares were valued at $113.27 at the most recent close of the market. An investor can expect a potential return of 28.58% based on the average CROX price forecast.

Analyzing the CROX fundamentals

Crocs Inc [NASDAQ:CROX] reported sales of 4.07B for the trailing twelve months, which represents a growth of 1.58%. Gross Profit Margin for this corporation currently stands at 0.58% 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 0.18, Equity is 0.52 and Total Capital is 0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.86.

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 111.14 points at the first support level, and at 109.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 115.39, and for the 2nd resistance point, it is at 117.51.

Ratios To Look Out For

For context, Crocs Inc’s Current Ratio is 1.43. In addition, the Quick Ratio stands at 0.90 and the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 1.72, the price to book ratio is 3.84 and price to earnings (TTM) ratio is 8.22.

Transactions by insiders

Recent insider trading involved Healy Susan L., EVP, Chief Financial Officer, that happened on Nov 13 ’24 when 1000.0 shares were purchased. Director, REPLOGLE JOHN B completed a deal on Oct 30 ’24 to buy 2240.0 shares. Meanwhile, Director TREFF DOUGLAS J sold 10594.0 shares on Aug 08 ’24.

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