Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children worldwide. It offers various footwear products, including clogs, sandals, flips and slides, shoes, and boots under the Crocs brand name. The company sells its products in approximately 90 countries through domestic wholesalers, as well as international wholesalers and distributors; and stores and e-commerce sites. As of December 31, 2017, it had 161 retail stores; 71 kiosks and store-in-stores; 215 outlet stores; and 13 company-operated e-commerce sites. The company was founded in 1999 and is headquartered in Niwot, Colorado.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Rubber & plastics footwear
Sub-IndustryFootwear
SectorConsumer Discretionary
SymbolNASDAQ:CROX
CUSIP22704610
Phone303-848-7000
Debt
Debt-to-Equity RatioN/A
Current Ratio2.43
Quick Ratio1.80
Price-To-Earnings
Trailing P/E Ratio-914.50
Forward P/E Ratio67.78
P/E Growth4.58
Sales & Book Value
Annual Sales$1.02 billion
Price / Sales1.22
Cash Flow$0.6674 per share
Price / Cash27.42
Book Value$2.67 per share
Price / Book6.85
Profitability
EPS (Most Recent Fiscal Year)($0.02)
Net Income$10.23 million
Net Margins2.29%
Return on Equity13.84%
Return on Assets4.80%
Miscellaneous
Employees4,382
Outstanding Shares68,090,000
Market Cap$1.26 billion
Crocs (NASDAQ:CROX) Frequently Asked Questions
What is Crocs' stock symbol?
Crocs trades on the NASDAQ under the ticker symbol "CROX."
How will Crocs' stock buyback program work?
Crocs declared that its board has initiated a stock repurchase plan on Thursday, March 1st 2018, which permits the company to repurchase $431,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.
How were Crocs' earnings last quarter?
Crocs, Inc. (NASDAQ:CROX) announced its quarterly earnings results on Tuesday, August, 7th. The textile maker reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.26. The textile maker earned $328 million during the quarter, compared to analysts' expectations of $321.47 million. Crocs had a net margin of 2.29% and a return on equity of 13.84%. View Crocs' Earnings History.
When is Crocs' next earnings date?
What price target have analysts set for CROX?
7 analysts have issued 1-year price targets for Crocs' stock. Their forecasts range from $9.00 to $21.00. On average, they anticipate Crocs' share price to reach $15.1667 in the next year. This suggests that the stock has a possible downside of 17.1%. View Analyst Price Targets for Crocs.
What is the consensus analysts' recommendation for Crocs?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Crocs in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Crocs.
What are Wall Street analysts saying about Crocs stock?
Here are some recent quotes from research analysts about Crocs stock:
- 1. According to Zacks Investment Research, "Crocs, Inc. is a world leader in innovative casual footwear for men, women and children. Crocs offers a broad portfolio of all-season products, while remaining true to its core molded footwear heritage. All Crocs shoes feature Croslite material, a proprietary, revolutionary technology that gives each pair of shoes the soft, comfortable, lightweight, non-marking and odor-resistant qualities that Crocs fans have known and love. Crocs celebrates the fun of being a little different and encourages fans to Find Your Fun in every colorful pair of shoes. " (8/10/2018)
- 2. Pivotal Research analysts commented, "We’ve covered CROX since its 2006 IPO, and, while a full history lesson is not necessary, it’s worth noting that CROX was once very broadly distributed in the mall. This distribution eventually vanished, when the brand lost momentum, and CROX became more or a mid-tier and family channel brand. Getting back in the mall is not only good for CROX in terms of incremental sales but also from the standpoint that up-channel distribution is good for the brand, creating a halo that would likely benefit CROX across all channels." (8/7/2018)
Who are some of Crocs' key competitors?
Some companies that are related to Crocs include MERLIN ENTERTAI/S (MERLY), Weight Watchers International (WTW), Lions Gate Entertainment Corp. Class B (LGF.B), Skechers USA (SKX), Mediaset Espana (GETVY), Melco International Development (MDEVF), Cable One (CABO), Choice Hotels International (CHH), Cinemark (CNK), International Game Technology (IGT), ILG (ILG), Ladbrokes Coral (LDCOY), Extended Stay America (STAY), Boyd Gaming (BYD) and Teijin Adr Rep (TINLY).
Who are Crocs' key executives?
Crocs' management team includes the folowing people:
- Mr. Andrew Rees, Pres, CEO & Director (Age 51)
- Ms. Carrie W. Teffner, Exec. VP & CFO (Age 51)
- Mr. Daniel P. Hart, Chief Legal & Admin. Officer, Exec. VP and Sec. (Age 59)
- Mr. Terence Reilly, Chief Marketing Officer and Sr. VP
- Ms. Michelle Poole, Sr. VP for Global Product Creation & Merchandising
Has Crocs been receiving favorable news coverage?
News coverage about CROX stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Crocs earned a daily sentiment score of 0.18 on Accern's scale. They also gave media coverage about the textile maker an impact score of 47.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Crocs.
Who are Crocs' major shareholders?
Crocs' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.35%), Dimensional Fund Advisors LP (6.22%), Renaissance Technologies LLC (5.33%), Millennium Management LLC (1.52%), Bank of New York Mellon Corp (1.22%) and GMT Capital Corp (1.20%). View Institutional Ownership Trends for Crocs.
Which institutional investors are selling Crocs stock?
CROX stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, California Public Employees Retirement System, Alambic Investment Management L.P., Mackay Shields LLC, Bank of New York Mellon Corp, Laurion Capital Management LP, Los Angeles Capital Management & Equity Research Inc. and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Crocs.
Which institutional investors are buying Crocs stock?
CROX stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Spark Investment Management LLC, BlackRock Inc., Acadian Asset Management LLC, Renaissance Technologies LLC, First Trust Advisors LP, TD Asset Management Inc. and GMT Capital Corp. View Insider Buying and Selling for Crocs.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Crocs' stock price today?
One share of CROX stock can currently be purchased for approximately $18.30.
How big of a company is Crocs?
Crocs has a market capitalization of $1.26 billion and generates $1.02 billion in revenue each year. The textile maker earns $10.23 million in net income (profit) each year or ($0.02) on an earnings per share basis. Crocs employs 4,382 workers across the globe.
How can I contact Crocs?
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]
MarketBeat Community Rating for Crocs (NASDAQ CROX)
MarketBeat's community ratings are surveys of what our community members think about Crocs and other stocks. Vote "Outperform" if you believe CROX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CROX will underperform the S&P 500 over the long term. You may vote once every thirty days.
