NASDAQ:CROX - Crocs Stock Price, Forecast & News

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

Crocs declared that its Board of Directors has authorized a stock buyback program on Tuesday, May 7th 2019, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 25.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

Crocs, Inc. (NASDAQ:CROX) released its earnings results on Wednesday, October, 30th. The textile maker reported $0.57 EPS for the quarter, topping the consensus estimate of $0.41 by $0.16. The textile maker had revenue of $312.80 million for the quarter, compared to analysts' expectations of $302.06 million. Crocs had a net margin of 7.49% and a return on equity of 78.24%. The business's quarterly revenue was up 19.8% compared to the same quarter last year. During the same period last year, the company earned $0.07 EPS. View Crocs' Earnings History.

Crocs is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Crocs.

Crocs issued an update on its fourth quarter 2019 Pre-Market earnings guidance on Monday, January, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $260-262 million, compared to the consensus revenue estimate of $252.23 million.

7 brokers 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 $39.43 in the next year. This suggests that the stock has a possible downside of 5.2%. View Analyst Price Targets for Crocs.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crocs in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Crocs.

Media stories about CROX stock have been trending very negative recently, InfoTrie reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Crocs earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned news articles about the textile maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Crocs.

Crocs saw a increase in short interest in December. As of December 13th, there was short interest totalling 3,890,000 shares, an increase of 5.1% from the November 28th total of 3,700,000 shares. Based on an average daily volume of 1,510,000 shares, the short-interest ratio is presently 2.6 days. Approximately 5.9% of the company's stock are short sold. 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), Intel (INTC), Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), General Electric (GE) and Cisco Systems (CSCO).

Crocs' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Copper Rock Capital Partners LLC (0.91%), Profit Investment Management LLC (0.15%), IFP Advisors Inc (0.08%), State of Alaska Department of Revenue (0.08%), Louisiana State Employees Retirement System (0.03%) and Cerebellum GP LLC (0.02%). Company insiders that own Crocs stock include Daniel P Hart, Doreen A Wright, Holdings LP Blackstone III 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 Profit Investment Management LLC, Jupiter Wealth Management LLC and Copper Rock Capital Partners LLC. Company insiders that have sold Crocs company stock in the last year include Doreen A Wright, Holdings LP Blackstone III and Thomas J Smach. View Insider Buying and Selling for Crocs.

CROX stock was bought by a variety of institutional investors in the last quarter, including Cerebellum GP LLC, Alpha Windward LLC, OmniStar Financial Group Inc., State of Alaska Department of Revenue, Louisiana State Employees Retirement System and IFP Advisors Inc. View Insider Buying and Selling 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 $41.58.

Crocs has a market capitalization of $2.85 billion and generates $1.09 billion in revenue each year. The textile maker earns $50.44 million in net income (profit) each year or $0.86 on an earnings per share basis. Crocs employs 3,901 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]