Crocs Inc. (NASDAQ:CROX) went up by 5.68% from its latest closing price compared to the recent 1-year high of $102.85. The company’s stock price has collected 6.01% of gains in the last five trading sessions. Press Release reported on 04/27/21 that Crocs, Inc. Reports Record First Quarter Revenue and Raises 2021 Guidance
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 17.61 x from its present earnings ratio. Plus, the 36-month beta value for CROX is at 1.84. 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.”
The average price from analysts is $127.78, which is $24.08 above the current price. CROX currently public float of 64.55M and currently shorts hold a 5.53% ratio of that float. Today, the average trading volume of CROX was 1.25M shares.
CROX’s Market Performance
CROX stocks went up by 6.01% for the week, with a monthly jump of 29.43% and a quarterly performance of 37.42%, while its annual performance rate touched 365.02%. The volatility ratio for the week stands at 5.15% while the volatility levels for the past 30 days are set at 4.42% for Crocs Inc.. The simple moving average for the period of the last 20 days is 21.76% for CROX stocks with a simple moving average of 69.22% for the last 200 days.
Analysts’ Opinion of CROX
Many brokerage firms have already submitted their reports for CROX stocks, with Monness Crespi & Hardt repeating the rating for CROX by listing it as a “Buy.” The predicted price for CROX in the upcoming period, according to Monness Crespi & Hardt is $125 based on the research report published on April 28th of the current year 2021.
Pivotal Research Group, on the other hand, stated in their research note that they expect to see CROX reach a price target of $92, previously predicting the price at $87. The rating they have provided for CROX stocks is “Buy” according to the report published on February 19th, 2021.
Monness Crespi & Hardt gave a rating of “Buy” to CROX, setting the target price at $91 in the report published on January 13th of the current year.
CROX Trading at 27.74% 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 able to rebound, for now settling with 0.83% of gains for the given period.
Volatility was left at 4.42%, however, over the last 30 days, the volatility rate increased by 5.15%, as shares surge +26.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.73% upper at present.
During the last 5 trading sessions, CROX rose by +6.01%, which changed the moving average for the period of 200-days by +198.33% in comparison to the 20-day moving average, which settled at $86.24. In addition, Crocs Inc. saw 65.50% 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 Bickley Ian, who sale 10,000 shares at the price of $100.01 back on Apr 29. After this action, Bickley Ian now owns 51,916 shares of Crocs Inc., valued at $1,000,100 using the latest closing price.
FRASCH RONALD, the Director of Crocs Inc., sale 19,678 shares at $101.45 during a trade that took place back on Apr 29, which means that FRASCH RONALD is holding 100,159 shares at $1,996,256 based on the most recent closing price.
Stock Fundamentals for CROX
Current profitability levels for the company are sitting at:
- +17.24 for the present operating margin
- +52.69 for the gross margin
The net margin for Crocs Inc. stands at +22.57. The total capital return value is set at 40.18, while invested capital returns managed to touch 57.19. Equity return is now at value 159.80, with 39.10 for asset returns.
Based on Crocs Inc. (CROX), the company’s capital structure generated 128.50 points at debt to equity in total, while total debt to capital is 56.24. Total debt to assets is 33.38, with long-term debt to equity ratio resting at 112.31. Finally, the long-term debt to capital ratio is 49.15.
When we switch over and look at the enterprise to sales, we see a ratio of 3.27, with the company’s debt to enterprise value settled at 0.08. The receivables turnover for the company is 9.87 and the total asset turnover is 1.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.