Crocs Inc. (NASDAQ:CROX) went up by 1.88% from its latest closing price compared to the recent 1-year high of $45.21. The company’s stock price has collected 0.19% of gains in the last five trading sessions. The Wall Street Journal reported on 09/29/20 that From Crocs to Nike Dunks, The Grateful Dead Are Taking Over the Shoe Market
Is It Worth Investing in Crocs Inc. (NASDAQ :CROX) Right Now?
Crocs Inc. (NASDAQ:CROX) scored a price-to-earnings ratio above its average ratio, recording 23.95 x from its present earnings ratio. Plus, the 36-month beta value for CROX is at 1.66. Opinions of the stock are interesting as 6 analysts out of 10 who provided ratings for Crocs Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $47.44, which is -$6.4 below the current price. CROX currently public float of 65.78M and currently shorts hold a 3.58% ratio of that float. Today, the average trading volume of CROX was 1.22M shares.
CROX’s Market Performance
CROX stocks went up by 0.19% for the week, with a monthly jump of 7.07% and a quarterly performance of 20.67%, while its annual performance rate touched 49.46%. The volatility ratio for the week stands at 3.84% while the volatility levels for the past 30 days are set at 5.00% for Crocs Inc.. The simple moving average for the period of the last 20 days is 2.84% for CROX stocks with a simple moving average of 30.45% for the last 200 days.
Analysts’ Opinion of CROX
Many brokerage firms have already submitted their reports for CROX stocks, with B. Riley FBR repeating the rating for CROX by listing it as a “Buy.” The predicted price for CROX in the upcoming period, according to B. Riley FBR is $46 based on the research report published on August 25th of the current year 2020.
Monness Crespi & Hardt, on the other hand, stated in their research note that they expect to see CROX reach a price target of $45, previously predicting the price at $40. The rating they have provided for CROX stocks is “Buy” according to the report published on July 31st, 2020.
UBS gave a rating of “Neutral” to CROX, setting the target price at $40 in the report published on July 22nd of the current year.
CROX Trading at 8.04% from the 50-Day Moving Average
After a stumble in the market that brought CROX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.49% of loss for the given period.
Volatility was left at 5.00%, however, over the last 30 days, the volatility rate increased by 3.84%, as shares surge +6.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.26% upper at present.
During the last 5 trading sessions, CROX rose by +0.19%, which changed the moving average for the period of 200-days by +18.30% in comparison to the 20-day moving average, which settled at $41.68. In addition, Crocs Inc. saw 2.01% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CROX starting from WRIGHT DOREEN A, who sale 860 shares at the price of $37.69 back on Aug 05. After this action, WRIGHT DOREEN A now owns 55,680 shares of Crocs Inc., valued at $32,413 using the latest closing price.
SMACH THOMAS J, the Director of Crocs Inc., sale 10,000 shares at $38.00 during a trade that took place back on Aug 05, which means that SMACH THOMAS J is holding 167,336 shares at $380,000 based on the most recent closing price.
Stock Fundamentals for CROX
Current profitability levels for the company are sitting at:
- +10.44 for the present operating margin
- +48.59 for the gross margin
The net margin for Crocs Inc. stands at +9.71. The total capital return value is set at 32.28, while invested capital returns managed to touch 31.98. Equity return is now at value 98.50, with 16.00 for asset returns.
Based on Crocs Inc. (CROX), the company’s capital structure generated 298.50 points at debt to equity in total, while total debt to capital is 74.91. Total debt to assets is 53.29, with long-term debt to equity ratio resting at 261.66. Finally, the long-term debt to capital ratio is 65.66.
Currently, EBITDA for the company is 76.19M with total debt to EBITDA at 1.34. When we switch over and look at the enterprise to sales, we see a ratio of 2.67, with the company’s debt to enterprise value settled at 0.12. The receivables turnover for the company is 10.86 and the total asset turnover is 2.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.65.