NASDAQ:CROXCrocs Stock Price, Forecast & News

Crocs' stock was trading at $20.34 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CROX shares have increased by 71.8% and is now trading at $34.95. View which stocks have been most impacted by Coronavirus.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crocs in the last year. There are currently 2 hold ratings and 8 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 Thursday, August 6th 2020. View our earnings forecast for Crocs.

Crocs, Inc. (NASDAQ:CROX) posted its quarterly earnings data on Thursday, April, 23rd. The textile maker reported $0.22 EPS for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.14. The textile maker earned $281.16 million during the quarter, compared to the consensus estimate of $295.27 million. Crocs had a net margin of 8.71% and a return on equity of 90.72%. The company's quarterly revenue was down 5.0% on a year-over-year basis. During the same period last year, the company posted $0.36 earnings per share. View Crocs' earnings history.

Crocs announced that its Board of Directors has initiated a share repurchase plan on Tuesday, May 7th 2019, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 25.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued.

10 brokers have issued twelve-month price targets for Crocs' stock. Their forecasts range from $23.00 to $44.00. On average, they anticipate Crocs' stock price to reach $36.30 in the next year. This suggests a possible upside of 3.9% from the stock's current price. View analysts' price targets for Crocs.

Headlines about CROX stock have trended somewhat negative this week, InfoTrie reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Crocs earned a news impact score of -1.6 on InfoTrie's scale. They also assigned headlines about the textile maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news about Crocs.

Crocs saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 3,880,000 shares, a decline of 9.6% from the June 15th total of 4,290,000 shares. Based on an average daily trading volume, of 1,520,000 shares, the short-interest ratio is currently 2.6 days. Approximately 6.0% of the company's shares are short sold. View Crocs' Current Options Chain.

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

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

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

Crocs' stock is owned by many different institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.09%) and Envestnet Asset Management Inc. (0.01%). Company insiders that own Crocs stock include Anne Mehlman, Daniel P Hart, Doreen A Wright, Douglas J Treff, Holdings LP Blackstone III, Ian Bickley, Michelle Poole and Thomas J Smach. View institutional ownership trends for Crocs.

CROX stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and State of Alaska Department of Revenue. 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 $34.95.

Crocs has a market capitalization of $2.35 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.

The official website for Crocs is 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]