NASDAQ:CROXCrocs 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. Since then, CROX shares have increased by 66.2% and is now trading at $33.80. 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 3 hold ratings 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 Thursday, August 6th 2020. View our earnings forecast for Crocs.

Crocs, Inc. (NASDAQ:CROX) released its quarterly earnings results on Thursday, April, 23rd. The textile maker reported $0.22 earnings per share for the quarter, missing the 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 firm's revenue was down 5.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.36 EPS. View Crocs' earnings history.

Crocs announced 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 shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 25.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its stock is undervalued.

10 brokers have issued 1-year target prices for Crocs' shares. Their forecasts range from $18.00 to $44.00. On average, they anticipate Crocs' share price to reach $30.10 in the next twelve months. This suggests that the stock has a possible downside of 10.9%. View analysts' price targets for Crocs.

Media stories about CROX stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring 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 positive five, with scores closest to five being the most favorable. Crocs earned a media sentiment score of -3.7 on InfoTrie's scale. They also assigned media stories about the textile maker a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutCrocs.

Crocs saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,200,000 shares, an increase of 80.3% from the April 30th total of 2,330,000 shares. Based on an average daily trading volume, of 1,720,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 6.5% of the company's stock 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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.94%), State Street Corp (3.08%), Melvin Capital Management LP (2.45%), Polaris Capital Management LLC (2.17%), Thrivent Financial for Lutherans (1.86%) and Columbus Circle Investors (1.61%). 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 Nuveen Asset Management LLC, Morgan Stanley, Morgan Stanley, BlackRock Inc., Deutsche Bank AG, Squarepoint Ops LLC, Federated Hermes Inc., and Driehaus Capital Management LLC. 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 acquired by a variety of institutional investors in the last quarter, including Polaris Capital Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., Columbus Circle Investors, Invesco Ltd., Melvin Capital Management LP, Wells Fargo & Company MN, and Thrivent Financial for Lutherans. 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 $33.80.

Crocs has a market capitalization of $2.28 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]