Needham lifts Crocs Inc [CROX] price estimate. Who else is bullish?

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Crocs Inc [NASDAQ: CROX] slipped around -0.99 points on Tuesday, while shares priced at $112.28 at the close of the session, down -0.87%.

Compared to the average trading volume of 1.46M shares, CROX reached a trading volume of 483625 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say 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 $134.38 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 1.72. 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.

Needham have made an estimate for Crocs Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 22, 2024. While these analysts kept the previous recommendation, Loop Capital dropped their target price from $150 to $110. The new note on the price target was released on November 07, 2024, representing the official price target for Crocs Inc stock. Previously, the target price had yet another drop from $170 to $140, while Monness Crespi & Hardt kept a Buy rating on CROX stock.

The Average True Range (ATR) for Crocs Inc is set at 4.12, 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 3.80, with the Price to Cash per share for the same quarter was set at 3.19. Price to Free Cash Flow for CROX in the course of the last twelve months was 6.95 with Quick ratio for the last quarter at 0.90.

How has CROX stock performed recently?

Crocs Inc [CROX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.52. With this latest performance, CROX shares gained by 5.71% in over the last four-week period, additionally sinking by -24.56% over the last 6 months – not to mention a rise of 14.21% 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 53.01, with the RSI for the last a single of trading hit 56.07, and the three-weeks RSI is set at 50.34 for Crocs Inc [CROX]. The present Moving Average for the last 50 days of trading for this stock 112.39, while it was recorded at 109.99 for the last single week of trading, and 131.69 for the last 200 days.

Crocs Inc [CROX]: Deeper insight into the fundamentals

Crocs Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.43.

Earnings analysis for Crocs Inc [CROX]

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 4.55%.

Insider trade positions for Crocs Inc [CROX]

There are presently around $94.27%, or 97.08%% of CROX stock, in the hands of institutional investors. The top three institutional holders of CROX stocks are: FMR LLC with ownership of 8.5 million shares, which is approximately 14.0369%. VANGUARD GROUP INC, holding 5.53 million shares of the stock with an approximate value of $$806.35 million in CROX stocks shares; and VANGUARD GROUP INC, currently with $$776.39 million in CROX stock with ownership which is approximately 8.784%.