Market cap of Crocs Inc [CROX] reaches 6.30B – now what?

Crocs Inc [NASDAQ: CROX] gained 20.33% or 17.57 points to close at $104.03 with a heavy trading volume of 7249519 shares. The company report on January 8, 2024 at 7:00 AM that Crocs, Inc. Expects Record Annual Revenues of ~$3.95B, Up Over 11% Year-Over-Year.

Expects To Exceed Full-Year Operating Margin Target.

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It opened the trading session at $98.50, the shares rose to $104.85 and dropped to $96.02, the range by which the price of stock traded the whole day. The daily chart for CROX points out that the company has recorded -11.37% loss over the past six months. However, it is still -40.58% lower than its most recent low trading price.

If we look at the average trading volume of 1.50M shares, CROX reached to a volume of 7249519 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Crocs Inc [CROX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CROX shares is $124.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CROX stock is a recommendation set at 1.64. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for Crocs Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 12, 2023.

The Average True Range (ATR) for Crocs Inc is set at 4.56, with the Price to Sales ratio for CROX stock in the period of the last 12 months amounting to 1.60. The Price to Book ratio for the last quarter was 5.27, with the Price to Cash per share for the same quarter was set at 2.10. Price to Free Cash Flow for CROX in the course of the last twelve months was 7.54 with Quick ratio for the last quarter at 0.91.

Trading performance analysis for CROX stock

Crocs Inc [CROX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.37. With this latest performance, CROX shares gained by 0.35% in over the last four-week period, additionally sinking by -11.37% over the last 6 months – not to mention a drop of -5.38% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CROX stock in for the last two-week period is set at 58.59, with the RSI for the last a single of trading hit 62.11, and the three-weeks RSI is set at 57.08 for Crocs Inc [CROX]. The present Moving Average for the last 50 days of trading for this stock 94.68, while it was recorded at 92.54 for the last single week of trading, and 104.94 for the last 200 days.

Crocs Inc [CROX]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Crocs Inc [CROX] shares currently have an operating margin of +24.68 and a Gross Margin at +51.57. Crocs Inc’s Net Margin is presently recorded at +15.19.

Return on Total Capital for CROX is now 39.97, given the latest momentum, and Return on Invested Capital for the company is 25.33. Return on Equity for this stock inclined to 129.84, with Return on Assets sitting at 17.87. When it comes to the capital structure of this company, Crocs Inc [CROX] has a Total Debt to Total Equity ratio set at 317.26. Additionally, CROX Total Debt to Total Capital is recorded at 76.03, with Total Debt to Total Assets ending up at 57.64. Long-Term Debt to Equity for the company is recorded at 307.26, with the Long-Term Debt to Total Capital now at 73.64.

Reflecting on the efficiency of the workforce at the company, Crocs Inc [CROX] managed to generate an average of $80,862 per employee. Receivables Turnover for the company is 13.01 with a Total Asset Turnover recorded at a value of 1.18.Crocs Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.91 and a Current Ratio set at 1.51.

Crocs Inc [CROX]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CROX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Crocs Inc go to 10.00%.

An analysis of Institutional ownership at Crocs Inc [CROX]

The top three institutional holders of CROX stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in CROX stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in CROX stock with ownership which is approximately 5.8325%.