Crocs (CROX) to Release Quarterly Earnings on Thursday

Crocs (NASDAQ:CROX - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect Crocs to post earnings of $2.27 per share and revenue of $961.10 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.

Crocs Price Performance

Shares of CROX stock traded down $2.15 during trading hours on Friday, hitting $93.37. The stock had a trading volume of 2,082,310 shares, compared to its average volume of 1,236,847. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.43 and a quick ratio of 0.90. The stock has a market capitalization of $5.44 billion, a price-to-earnings ratio of 6.77, a PEG ratio of 1.67 and a beta of 1.93. Crocs has a one year low of $92.39 and a one year high of $165.32. The stock's 50-day moving average price is $107.06 and its two-hundred day moving average price is $120.43.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. StockNews.com cut Crocs from a "buy" rating to a "hold" rating in a report on Saturday, January 11th. Robert W. Baird decreased their price target on shares of Crocs from $190.00 to $180.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 30th. UBS Group dropped their price objective on shares of Crocs from $146.00 to $122.00 and set a "neutral" rating for the company in a research note on Wednesday, October 30th. Barclays decreased their target price on shares of Crocs from $164.00 to $125.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 29th. Finally, Needham & Company LLC initiated coverage on Crocs in a research report on Friday, November 22nd. They issued a "buy" rating and a $116.00 price target for the company. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $146.47.

Insiders Place Their Bets

In other Crocs news, CFO Susan L. Healy purchased 1,000 shares of Crocs stock in a transaction dated Wednesday, November 13th. The stock was acquired at an average price of $99.70 per share, for a total transaction of $99,700.00. Following the acquisition, the chief financial officer now owns 22,652 shares in the company, valued at $2,258,404.40. This trade represents a 4.62 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.72% of the company's stock.

Crocs Company Profile

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.