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 Ratio2.46
Quick Ratio1.67
Price-To-Earnings
Trailing P/E Ratio-903.00
Forward P/E Ratio67.88
P/E Growth4.48
Sales & Book Value
Annual Sales$1.02 billion
Price / Sales1.18
Cash Flow$0.6742 per share
Price / Cash26.18
Book Value$2.67 per share
Price / Book6.61
Profitability
EPS (Most Recent Fiscal Year)($0.02)
Net Income$10.23 million
Net Margins1.51%
Return on Equity8.10%
Return on Assets2.95%
Miscellaneous
Employees4,382
Outstanding Shares68,280,000
Market Cap$1,207.86
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 of Directors has authorized a share repurchase plan on Thursday, March 1st 2018, which allows the company to buyback $431,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.
How were Crocs' earnings last quarter?
Crocs, Inc. (NASDAQ:CROX) posted its earnings results on Tuesday, May, 8th. The textile maker reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.02. The textile maker had revenue of $283.15 million for the quarter, compared to analyst estimates of $272.21 million. Crocs had a net margin of 1.51% and a return on equity of 8.10%. Crocs's revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.08 earnings per share. View Crocs' Earnings History.
When is Crocs' next earnings date?
What price target have analysts set for CROX?
7 equities research analysts have issued 12 month price targets for Crocs' stock. Their forecasts range from $9.00 to $20.00. On average, they anticipate Crocs' stock price to reach $14.1667 in the next year. This suggests that the stock has a possible downside of 19.7%. View Analyst Ratings 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, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
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. " (5/9/2018)
- 2. Pivotal Research analysts commented, "We’re Waiting to See How the Sandal Season Takes Shape February 26, 2018 BOTTOM LINE: CROX has made lots of progress in the last year, and we expect that to continue, but the stock has also appreciated significantly, so we’re waiting for a better opportunity to become more constructive on the shares. On January 8 th , CROX preannounced 4Q17 sales, GM and SG&A, which prompted us to raise our FY17 EPS estimate from $(0.07) to $0.02. This shows good progress from the $(0.43) CROX reported last year, and we expect progress to continue in FY18, as illustrated by our estimate of $0.25. But the stock is hardly cheap on these estimates. CROX has done lots of blocking and tackling to put itself in the position for improved performance, and we applaud this effort. Beyond these structural changes, what we find most encouraging about CROX is that the Crocs brand seems to be getting healthier again." (2/26/2018)
Are investors shorting Crocs?
Crocs saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 8,975,774 shares, an increase of 26.8% from the May 31st total of 7,077,463 shares. Based on an average daily trading volume, of 949,885 shares, the days-to-cover ratio is presently 9.4 days. Currently, 13.6% of the company's shares are sold short. View Crocs' Current Options Chain.
Who are some of Crocs' key competitors?
Some companies that are related to Crocs include Planet Fitness (PLNT), Lions Gate Entertainment Corp. Class B (LGF.B), Mediaset Espana (GETVY), Choice Hotels International (CHH), Cable One (CABO), HOWDEN JOINERY/ADR (HWDJY), ILG (ILG), Boyd Gaming (BYD), Ladbrokes Coral (LDCOY), Cinemark (CNK), Extended Stay America (STAY), Melco International Development (MDEVF), Churchill Downs (CHDN), Red Rock Resorts (RRR) and Mediaset (MDIUY).
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?
Media stories about CROX stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Crocs earned a coverage optimism score of 0.14 on Accern's scale. They also assigned news articles about the textile maker an impact score of 45.45 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Crocs' major shareholders?
Crocs' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.41%), Municipal Employees Retirement System of Michigan (0.03%), Xact Kapitalforvaltning AB (0.02%), Hartford Investment Management Co. (0.02%) and Amalgamated Bank (0.02%). View Institutional Ownership Trends for Crocs.
Which major investors are selling Crocs stock?
CROX stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc. and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Crocs.
Which major investors are buying Crocs stock?
CROX stock was purchased by a variety of institutional investors in the last quarter, including Xact Kapitalforvaltning AB, Amalgamated Bank and Hartford Investment Management Co.. 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 $17.65.
How big of a company is Crocs?
Crocs has a market capitalization of $1.21 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.
