NASDAQ:CROX - Crocs Stock Price, Forecast & News

Crocs' stock was trading at $20.34 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CROX stock has decreased by 11.4% and is now trading at $18.03. View which stocks have been mosted impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crocs in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Crocs.

Crocs is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Crocs.

Crocs, Inc. (NASDAQ:CROX) issued its quarterly earnings results on Thursday, February, 27th. The textile maker reported $0.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.07 by $0.05. The textile maker had revenue of $262.98 million for the quarter, compared to the consensus estimate of $261.50 million. Crocs had a net margin of 9.71% and a return on equity of 94.74%. The firm's quarterly revenue was up 21.8% on a year-over-year basis. During the same quarter last year, the firm posted ($1.72) earnings per share. View Crocs' earnings history.

Crocs announced that its Board of Directors has authorized a share repurchase plan on Tuesday, May 7th 2019, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 25.8% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board believes its shares are undervalued.

Crocs updated its FY 2020 Pre-Market earnings guidance on Thursday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.329-1.378 billion, compared to the consensus revenue estimate of $1.39 billion.

8 brokerages have issued 1-year target prices for Crocs' shares. Their forecasts range from $23.00 to $50.00. On average, they anticipate Crocs' stock price to reach $38.88 in the next year. This suggests a possible upside of 115.6% from the stock's current price. View analysts' price targets for Crocs.

Press coverage about CROX stock has trended very positive on Saturday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Crocs earned a news impact score of 3.1 on InfoTrie's scale. They also assigned news headlines about the textile maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutCrocs.

Crocs saw a drop in short interest during the month of February. As of February 14th, there was short interest totaling 3,770,000 shares, a drop of 8.7% from the January 30th total of 4,130,000 shares. Based on an average daily volume of 1,030,000 shares, the days-to-cover ratio is presently 3.7 days. Approximately 5.7% of the shares of the company are sold short. View Crocs' Current Options Chain.

Some companies that are related to Crocs include Nike (NKE), Skechers USA (SKX), Deckers Outdoor (DECK), Steven Madden (SHOO) and Wolverine World Wide (WWW).

Based on aggregate information from My MarketBeat watchlists, some companies that other Crocs investors own include Denbury Resources (DNR), Skyworks Solutions (SWKS), Bank of America (BAC), Advanced Micro Devices (AMD), Alibaba Group (BABA), Intel (INTC), Micron Technology (MU), Netflix (NFLX), NVIDIA (NVDA) and Starbucks (SBUX).

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

Crocs' stock is owned by a number of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (7.00%), FMR LLC (2.94%), Goldman Sachs Group Inc. (2.93%), Nuveen Asset Management LLC (2.89%), State Street Corp (2.80%) and Marshall Wace LLP (2.56%). Company insiders that own Crocs stock include Anne Mehlman, Daniel P Hart, Doreen A Wright, Douglas J Treff, Holdings LP Blackstone III, Ian Bickley and Thomas J Smach. View institutional ownership trends for Crocs.

CROX stock was sold by a variety of institutional investors in the last quarter, including Melvin Capital Management LP, Marshall Wace North America L.P., Point72 Asset Management L.P., Monarch Partners Asset Management LLC, Maverick Capital Ltd., State of New Jersey Common Pension Fund D, Asset Management One Co. Ltd., and AQR Capital Management LLC. Company insiders that have sold Crocs company stock in the last year include Doreen A Wright, and Holdings LP Blackstone III. View insider buying and selling activity for Crocs.

CROX stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, Norges Bank, Columbus Circle Investors, Goldman Sachs Group Inc., Driehaus Capital Management LLC, Laurion Capital Management LP, and Landscape Capital Management L.L.C.. Company insiders that have bought Crocs stock in the last two years include Anne Mehlman, Douglas J Treff, and Ian Bickley. View insider buying and selling activity for Crocs.

Shares of CROX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CROX stock can currently be purchased for approximately $18.03.

Crocs has a market capitalization of $1.23 billion and generates $1.23 billion in revenue each year. The textile maker earns $119.50 million in net income (profit) each year or $1.61 on an earnings per share basis. Crocs employs 3,803 workers across the globe. View additional information about Crocs.

The official website for Crocs is http://www.crocs.com/.

Crocs' mailing address is 7477 East Dry Creek Parkway, Niwot CO, 80503. The textile maker can be reached via phone at 303-848-7000 or via email at [email protected]