NASDAQ:CROXCrocs Stock Price, Forecast & News

Crocs' stock was trading at $20.34 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CROX stock has increased by 67.6% and is now trading at $34.08. 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) issued its quarterly earnings results on Thursday, April, 23rd. The textile maker reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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%. Crocs's revenue was down 5.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.36 EPS. View Crocs' earnings history.

Crocs announced that its Board of Directors has initiated a share repurchase program 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 buy up to 25.8% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

10 equities research analysts have issued twelve-month target prices for Crocs' shares. Their forecasts range from $23.00 to $44.00. On average, they anticipate Crocs' stock price to reach $36.30 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price. View analysts' price targets for Crocs.

Press coverage about CROX stock has been trending somewhat negative this week, InfoTrie reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Crocs earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned media coverage about the textile maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Crocs.

Crocs saw a decline in short interest in 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 days-to-cover ratio is presently 2.6 days. Currently, 6.0% of the shares of the company 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 a number of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.09%), Louisiana State Employees Retirement System (0.03%) 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 sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. Company insiders that have sold Crocs company stock in the last year include Doreen A Wright, Holdings LP Blackstone III, Michelle Poole, and Thomas J Smach. View insider buying and selling activity for Crocs.

CROX stock was purchased 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 $34.08.

Crocs has a market capitalization of $2.30 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]