Crocs Company Profile (NASDAQ:CROX)

About Crocs (NASDAQ:CROX)

Crocs logoCrocs, Inc. is engaged in the design, development, manufacturing, marketing, distribution and sale of casual lifestyle footwear and accessories for men, women, and children. The Company's segments include Americas, Asia Pacific and Europe. Its products include footwear and accessories that utilize its closed-cell resin, called Croslite, as well as casual lifestyle footwear that use a range of materials. Its Croslite material enables the Company to produce non-marking, and odor-resistant footwear. As of December 31, 2016, the Company sold its products in over 90 countries through domestic and international retailers and distributors, and directly to consumers through its company-operated retail stores, outlets, e-commerce store sites and kiosks. The Company's sales channels include wholesale, which includes distributors, Crocs owned retail and Crocs e-commerce.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Textile - Apparel Footwear & Accessories
  • Sub-Industry: Footwear
  • Symbol: NASDAQ:CROX
  • CUSIP: 22704610
  • Web: www.crocs.com
Capitalization:
  • Market Cap: $479.32 million
  • Outstanding Shares: 74,084,000
Average Prices:
  • 50 Day Moving Avg: $6.34
  • 200 Day Moving Avg: $6.96
  • 52 Week Range: $5.93 - $12.53
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 29.41
  • P/E Growth: -21.10
Sales & Book Value:
  • Annual Revenue: $1.03 billion
  • Price / Sales: 0.47
  • Book Value: $3.16 per share
  • Price / Book: 2.05
Profitability:
  • EBIDTA: $32.99 million
  • Net Margins: -4.35%
  • Return on Equity: -10.92%
  • Return on Assets: -4.52%
Debt:
  • Current Ratio: 3.09%
  • Quick Ratio: 1.99%
Misc:
  • Average Volume: 1.20 million shs.
  • Beta: 0.79
  • Short Ratio: 4.53
 

Frequently Asked Questions for Crocs (NASDAQ:CROX)

What is Crocs' stock symbol?

Crocs trades on the NASDAQ under the ticker symbol "CROX."

How were Crocs' earnings last quarter?

Crocs, Inc. (NASDAQ:CROX) released its earnings results on Wednesday, May, 10th. The company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.08. The company earned $267.90 million during the quarter, compared to the consensus estimate of $258.10 million. Crocs had a negative return on equity of 10.92% and a negative net margin of 4.35%. Crocs's quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.07 earnings per share. View Crocs' Earnings History.

Where is Crocs' stock going? Where will Crocs' stock price be in 2017?

5 brokerages have issued 12-month price objectives for Crocs' stock. Their forecasts range from $7.00 to $12.50. On average, they expect Crocs' stock price to reach $9.10 in the next year. View Analyst Ratings for Crocs.

What are analysts saying about Crocs stock?

Here are some recent quotes from research analysts about Crocs stock:

  • 1. According to Zacks Investment Research, "Crocs, Inc. is a rapidly growing designer, manufacturer and marketer of footwear for men, women and children under the CROCS brand. All of the Company's footwear products incorporate its proprietary closed-cell resin material, which the Company believes represents a substantial innovation in footwear comfort and functionality. The Company's proprietary closed-cell resin, which it refers to as Croslite enables Crocs to produce a soft and lightweight, non-marking, slip and odor-resistant shoe. These unique properties make the Company's footwear ideal for casual wear, as well as for recreational uses such as boating, hiking, fishing and gardening, and have enabled Crocs to successfully market its products to a broad range of consumers. " (5/9/2017)
  • 2. Susquehanna Bancshares Inc analysts commented, "Despite product and operational improvements, we fear that retailers will not step up with orders as needed, and Crocs' expenses will remain elevated. Reducing FY17 and FY18 EPS estimates from $0.33 and $0.55 to $0.17 and $0.30, respectively' It's our view that CROX management has done a very good job finally cleaning up most of the mess left by the prior management, but such cleaning may not prove to be enough to fully right the ship in the foreseeable future. While the company's overall focus and product offerings have improved, and China finally appears to be heading in the right direction, the ongoing strength of athletic footwear will continue to make it very difficult for CROX to get incremental open-to-buy from its wholesale accounts. Also, CROX needs to continue to right-size its own retail store base, particularly the Manhattan, NY, stores in SOHO and on 34th Street, and further reduce expenses in an aggressive and strategic manner." (2/23/2017)

Are investors shorting Crocs?

Crocs saw a decline in short interest in April. As of April 13th, there was short interest totalling 5,173,525 shares, a decline of 9.4% from the March 31st total of 5,712,309 shares. Based on an average daily trading volume, of 781,800 shares, the days-to-cover ratio is currently 6.6 days.

Who are some of Crocs' key competitors?

Who owns Crocs stock?

Crocs' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (10.29%), Alliancebernstein L.P. (9.52%), Vanguard Group Inc. (8.74%), JPMorgan Chase & Co. (5.64%), Dimensional Fund Advisors LP (3.52%) and Renaissance Technologies LLC (2.89%). Company insiders that own Crocs stock include Andrew Rees, Carrie W Teffner, Gregg Ribatt, Ronald Frasch and Thomas J Smach. View Institutional Ownership Trends for Crocs.

Who sold Crocs stock? Who is selling Crocs stock?

Crocs' stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., North Run Capital LP, Wellington Management Group LLP, Bogle Investment Management L P DE, Segall Bryant & Hamill LLC, Wells Fargo & Company MN, US Bancorp DE and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Crocs.

Who bought Crocs stock? Who is buying Crocs stock?

Crocs' stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Morgan Stanley, Vanguard Group Inc., Dimensional Fund Advisors LP, GMT Capital Corp, Boston Partners, Bank of America Corp DE and Colony Group LLC. Company insiders that have bought Crocs stock in the last two years include Andrew Rees, Carrie W Teffner, Gregg Ribatt, Ronald Frasch and Thomas J Smach. View Insider Buying and Selling for Crocs.

How do I buy Crocs stock?

Shares of Crocs can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Crocs stock cost?

One share of Crocs stock can currently be purchased for approximately $6.47.

Analyst Ratings

Consensus Ratings for Crocs (NASDAQ:CROX) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $9.10 (40.65% upside)

Analysts' Ratings History for Crocs (NASDAQ:CROX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/13/2017B. RileyReiterated RatingNeutral$8.00MediumView Rating Details
5/12/2017Susquehanna Bancshares IncReiterated RatingNeutral$6.00 -> $7.00LowView Rating Details
3/1/2017Piper Jaffray CompaniesSet Price TargetHold$7.00N/AView Rating Details
1/31/2017Monness Crespi & HardtDowngradeBuy -> NeutralN/AView Rating Details
5/26/2016Sterne Agee CRTReiterated RatingBuy$12.50N/AView Rating Details
5/16/2016Robert W. BairdReiterated RatingHoldN/AView Rating Details
4/27/2016Stifel NicolausDowngradeBuy -> HoldN/AView Rating Details
1/21/2016Goldman Sachs Group IncLower Price Target$11.00 -> $9.00N/AView Rating Details
10/2/2015Buckingham ResearchLower Price TargetNeutral$14.00 -> $13.00N/AView Rating Details
10/2/2015Jefferies Group LLCDowngradeNeutral -> UnderweightN/AView Rating Details
5/27/2015Canaccord GenuityReiterated RatingHoldN/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Crocs (NASDAQ:CROX)
Earnings by Quarter for Crocs (NASDAQ:CROX)
Earnings History by Quarter for Crocs (NASDAQ:CROX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2017Q1 2017$0.03$0.11$258.10 million$267.90 millionViewN/AView Earnings Details
3/1/2017Q4 2016($0.35)($0.58)$189.40 million$187.40 millionViewListenView Earnings Details
11/9/2016Q316($0.05)($0.03)$251.23 million$245.90 millionViewListenView Earnings Details
8/3/2016Q216$0.15$0.13$348.46 million$323.80 millionViewListenView Earnings Details
5/10/2016Q116$0.05$0.07$265.90 million$279.10 millionViewListenView Earnings Details
2/29/2016Q415($0.33)($1.01)$201.57 million$208.70 millionViewListenView Earnings Details
11/5/2015Q3$0.09($0.31)$276.92 million$274.10 millionViewListenView Earnings Details
7/30/2015Q215$0.25$0.11$345.59 million$345.70 millionViewListenView Earnings Details
5/8/2015Q115($0.03)$0.02$263.10 million$262.20 millionViewListenView Earnings Details
2/26/2015Q414($0.31)($0.37)$204.10 million$206.00 millionViewListenView Earnings Details
10/27/2014Q314$0.14$0.30$295.40 million$302.40 millionViewListenView Earnings Details
7/21/2014Q2$0.31$0.36$371.55 million$376.92 millionViewListenView Earnings Details
4/30/2014Q114$0.16$0.13$311.01 million$312.40 millionViewListenView Earnings Details
2/20/2014Q413($0.22)($0.20)$221.24 million$228.70 millionViewListenView Earnings Details
10/30/2013Q313$0.18$0.18$291.70 million$288.50 millionViewListenView Earnings Details
7/24/2013Q2 2013$0.63$0.48$365.12 million$363.80 millionViewListenView Earnings Details
4/24/2013Q1 2013$0.34$0.35$305.08 million$311.70 millionViewListenView Earnings Details
2/20/2013Q4 2012($0.04)$219.90 million$224.99 millionViewListenView Earnings Details
10/24/2012$0.43$0.49ViewN/AView Earnings Details
7/25/2012$0.63$0.68ViewN/AView Earnings Details
4/25/2012$0.26$0.31ViewN/AView Earnings Details
2/23/2012$0.04$0.06ViewN/AView Earnings Details
10/27/2011$0.32$0.33ViewN/AView Earnings Details
7/27/2011$0.44$0.61ViewN/AView Earnings Details
4/28/2011$0.20$0.24ViewN/AView Earnings Details
2/24/2011$0.02$0.05ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Crocs (NASDAQ:CROX)
2017 EPS Consensus Estimate: ($0.15)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.01$0.01$0.01
Q2 20171$0.18$0.18$0.18
Q3 20171$0.04$0.04$0.04
Q4 20171($0.38)($0.38)($0.38)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Crocs (NASDAQ:CROX)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Crocs (NASDAQ:CROX)
Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 89.19%
Insider Trades by Quarter for Crocs (NASDAQ:CROX)
Institutional Ownership by Quarter for Crocs (NASDAQ:CROX)
Insider Trades by Quarter for Crocs (NASDAQ:CROX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/24/2016Carrie W TeffnerCFOBuy7,500$8.85$66,375.00View SEC Filing  
3/11/2016Gregg RibattCEOBuy10,000$9.25$92,500.00View SEC Filing  
3/9/2016Ronald FraschDirectorBuy10,895$9.22$100,451.90View SEC Filing  
11/10/2015Thomas J SmachDirectorBuy15,000$9.98$149,700.00View SEC Filing  
8/24/2015Andrew ReesPresidentBuy5,000$13.48$67,400.00View SEC Filing  
5/14/2015Andrew ReesPresidentBuy10,000$15.24$152,400.00View SEC Filing  
3/4/2015Andrew ReesPresidentBuy10,000$11.33$113,300.00View SEC Filing  
12/15/2014Jeff LasherCFOSell5,082$12.17$61,847.94View SEC Filing  
12/10/2014Thomas J SmachDirectorBuy20,000$12.60$252,000.00View SEC Filing  
11/21/2014Ronald FraschDirectorBuy7,750$12.88$99,820.00View SEC Filing  
11/3/2014Gregg RibattDirectorBuy10,000$11.55$115,500.00View SEC Filing  
10/31/2014Andrew ReesPresidentBuy10,000$11.50$115,000.00View SEC Filing  
7/29/2014Andrew ReesPresidentBuy5,000$16.42$82,100.00View SEC Filing  
7/28/2014Jeff LasherCFOSell2,500$16.25$40,625.00View SEC Filing  
6/17/2013Daniel P HartEVPSell2,084$16.42$34,219.28View SEC Filing  
5/15/2013Daniel P HartEVPSell2,083$17.32$36,077.56View SEC Filing  
2/1/2013John P MccarvelCEOSell5,000$15.00$75,000.00View SEC Filing  
9/4/2012John P MccarvelCEOSell5,000$17.42$87,100.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Crocs (NASDAQ:CROX)
Latest Headlines for Crocs (NASDAQ:CROX)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Crocs, Inc. : May 22, 2017
finance.yahoo.com - May 22 at 4:20 PM
bizjournals.com logoDrew Barrymore now touting Crocs
www.bizjournals.com - May 18 at 4:26 PM
americanbankingnews.com logoBrokers Set Expectations for Crocs, Inc.'s FY2017 Earnings (CROX)
www.americanbankingnews.com - May 15 at 8:48 AM
americanbankingnews.com logoB. Riley Reiterates "Neutral" Rating for Crocs, Inc. (CROX)
www.americanbankingnews.com - May 13 at 9:40 AM
americanbankingnews.com logoZacks: Analysts Expect Crocs, Inc. (CROX) to Post $0.20 EPS
www.americanbankingnews.com - May 12 at 8:30 PM
finance.yahoo.com logoCrocs, Inc. :CROX-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 12 at 5:01 PM
finance.yahoo.com logoEdited Transcript of CROX earnings conference call or presentation 10-May-17 12:30pm GMT
finance.yahoo.com - May 12 at 5:01 PM
americanbankingnews.com logoCrocs' (CROX) "Neutral" Rating Reaffirmed at Susquehanna Bancshares Inc
www.americanbankingnews.com - May 12 at 1:38 PM
americanbankingnews.com logoQ2 2017 Earnings Estimate for Crocs, Inc. Issued By B. Riley (CROX)
www.americanbankingnews.com - May 12 at 10:40 AM
rttnews.com logoEARNINGS SUMMARY: Details of Crocs Inc. Q1 Earnings Report
www.rttnews.com - May 11 at 5:09 PM
finance.yahoo.com logoCrocs, Inc. breached its 50 day moving average in a Bullish Manner : CROX-US : May 11, 2017
finance.yahoo.com - May 11 at 5:09 PM
finance.yahoo.com logoStrength Seen in Crocs (CROX): Stock Adds 17.4% in Session
finance.yahoo.com - May 11 at 5:09 PM
seekingalpha.com logoCrocs (CROX) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 11 at 2:45 AM
fool.com logoWhy Crocs, Inc. Just Got a Huge Lift
www.fool.com - May 10 at 5:56 PM
finance.yahoo.com logoBear of the Day: Crocs (CROX)
finance.yahoo.com - May 10 at 4:43 PM
finance.yahoo.com logoWall Street steps into Crocs, kicks stock up 17 percent
finance.yahoo.com - May 10 at 4:43 PM
finance.yahoo.com logoCrocs Stock Soars on Earnings Beat
finance.yahoo.com - May 10 at 4:43 PM
finance.yahoo.com logoCrocs shares surge 17.6% as company outlines path to right-size the business
finance.yahoo.com - May 10 at 4:43 PM
americanbankingnews.com logoCrocs, Inc. (CROX) Posts Earnings Results, Beats Expectations By $0.08 EPS
www.americanbankingnews.com - May 10 at 3:52 PM
americanbankingnews.com logoCrocs, Inc. (CROX) Forecasted to Post Q4 2017 Earnings of ($0.36) Per Share
www.americanbankingnews.com - May 10 at 12:23 PM
investorplace.com logoCrocs, Inc. (CROX) Stock Bounces Off the Floor With Q1 Beat
investorplace.com - May 10 at 8:22 AM
finance.yahoo.com logoCrocs, Inc. Reports First Quarter 2017 Revenues and Gross Margin Exceeding Guidance; Introduces Second Quarter 2017 Guidance and Updates Full Year Outlook
finance.yahoo.com - May 10 at 8:11 AM
finance.yahoo.com logoCrocs beats profit and sales expectations ,but cuts outlook amid store closures
finance.yahoo.com - May 10 at 8:11 AM
finance.yahoo.com logoInvestor Network: Crocs, Inc. to Host Earnings Call
finance.yahoo.com - May 10 at 8:11 AM
finance.yahoo.com logoEarly movers: DIS, TIME, COTY, WWW, PPG, TM, LUV, X & more
finance.yahoo.com - May 10 at 8:11 AM
marketbeat.com logoCrocs tops Street 1Q forecasts
marketbeat.com - May 10 at 7:28 AM
finance.yahoo.com logoETFs with exposure to Crocs, Inc. : May 9, 2017
finance.yahoo.com - May 9 at 9:28 PM
americanbankingnews.com logoZacks Investment Research Downgrades Crocs, Inc. (CROX) to Strong Sell
www.americanbankingnews.com - May 9 at 8:04 PM
cnbc.com logoCrocs shoes are making a comeback here, and Drew Barrymore could be the reason why
www.cnbc.com - May 9 at 7:28 PM
americanbankingnews.com logoCrocs, Inc. (CROX) Forecasted to Earn Q1 2017 Earnings of $0.01 Per Share
www.americanbankingnews.com - May 9 at 7:16 AM
americanbankingnews.com logoCrocs, Inc. (CROX) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 5 at 2:46 PM
americanbankingnews.com logoCrocs, Inc. (CROX) Short Interest Update
www.americanbankingnews.com - May 5 at 7:38 AM
americanbankingnews.com logoSomewhat Negative Press Coverage Extremely Likely to Affect Crocs (CROX) Stock Price
www.americanbankingnews.com - May 2 at 8:20 AM
americanbankingnews.com logoCrocs (CROX) Earns Media Sentiment Score of -0.12
www.americanbankingnews.com - April 28 at 12:42 PM
finance.yahoo.com logoCrocs, Inc. Announces Conference Call to Review First Quarter Fiscal 2017 Results
finance.yahoo.com - April 27 at 2:12 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Crocs, Inc. (CROX) Will Post Quarterly Sales of $258.63 Million
www.americanbankingnews.com - April 26 at 2:24 PM
americanbankingnews.com logoCrocs (CROX) Earning Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 25 at 5:14 PM
finance.yahoo.com logoETFs with exposure to Crocs, Inc. : April 24, 2017
finance.yahoo.com - April 24 at 4:23 PM
americanbankingnews.com logoSomewhat Critical Press Coverage Unlikely to Impact Crocs (CROX) Share Price
www.americanbankingnews.com - April 20 at 1:31 PM
americanbankingnews.com logoSomewhat Favorable News Coverage Likely to Impact Crocs (CROX) Stock Price
www.americanbankingnews.com - April 17 at 8:46 PM
americanbankingnews.com logoCrocs (CROX) Receives News Sentiment Score of 0.22
www.americanbankingnews.com - April 14 at 9:09 PM
americanbankingnews.com logoCrocs, Inc. (CROX) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 10 at 2:49 PM
finance.yahoo.com logoETFs with exposure to Crocs, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 9:12 AM
bizjournals.com logoCrocs launches new global campaign with star power on heels of losses
www.bizjournals.com - April 3 at 4:56 PM
finance.yahoo.com logoCrocs Invites Consumers to “Come As You Are” with Launch of New Global Campaign Featuring Drew Barrymore, John Cena, YOONA and Henry Lau
finance.yahoo.com - April 3 at 9:14 AM
finance.yahoo.com logoPost Earnings Coverage as Caleres' Quarterly Sales Increased 5.1%
finance.yahoo.com - March 29 at 11:58 AM
americanbankingnews.com logoCrocs' (CROX) Neutral Rating Reiterated at B. Riley
www.americanbankingnews.com - March 26 at 10:34 AM
marketwatch.com logoMalls fill empty space with mom-and-pop shops, medical offices — even a high school
www.marketwatch.com - March 6 at 4:21 PM
marketwatch.com logoMalls fill empty space with mom-and-pop shops, medical offices — even a high school
www.marketwatch.com - March 6 at 4:21 PM
finance.yahoo.com logoEdited Transcript of CROX earnings conference call or presentation 1-Mar-17 1:30pm GMT
finance.yahoo.com - March 1 at 11:23 PM

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Chart

Crocs (CROX) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff