The stock price of Crocs Inc (NASDAQ: CROX) has surged by 1.73 when compared to previous closing price of 104.06, but the company has seen a 7.37% gain in its stock price over the last five trading sessions. zacks.com reported 2024-11-27 that Whether you’re a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Is It Worth Investing in Crocs Inc (NASDAQ: CROX) Right Now?
Crocs Inc (NASDAQ: CROX) has a price-to-earnings ratio that is above its average at 7.68x. The stock has a 36-month beta value of 1.99. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 4 as “overweight,” 7 as “hold,” and 0 as “sell.”
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The public float for CROX is 56.10M, and at present, short sellers hold a 7.62% of that float. On November 27, 2024, the average trading volume of CROX was 1.34M shares.
CROX’s Market Performance
CROX stock saw a decrease of 7.37% in the past week, with a monthly decline of -5.13% and a quarterly a decrease of -27.13%. The volatility ratio for the week is 3.61%, and the volatility levels for the last 30 days are 3.60% for Crocs Inc (CROX). The simple moving average for the last 20 days is 3.16% for CROX stock, with a simple moving average of -20.16% for the last 200 days.
Analysts’ Opinion of CROX
Many brokerage firms have already submitted their reports for CROX stocks, with Needham repeating the rating for CROX by listing it as a “Buy.” The predicted price for CROX in the upcoming period, according to Needham is $116 based on the research report published on November 22, 2024 of the current year 2024.
Loop Capital, on the other hand, stated in their research note that they expect to see CROX reach a price target of $110, previously predicting the price at $150. The rating they have provided for CROX stocks is “Hold” according to the report published on November 07th, 2024.
Monness Crespi & Hardt gave a rating of “Buy” to CROX, setting the target price at $140 in the report published on October 30th of the current year.
CROX Trading at -14.08% 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 -35.97% of loss for the given period.
Volatility was left at 3.60%, however, over the last 30 days, the volatility rate increased by 3.61%, as shares sank -3.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.41% lower at present.
During the last 5 trading sessions, CROX rose by +7.19%, which changed the moving average for the period of 200-days by -1.18% in comparison to the 20-day moving average, which settled at $102.61. In addition, Crocs Inc saw 13.33% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CROX starting from Healy Susan L., who purchase 1,000 shares at the price of $99.70 back on Nov 13 ’24. After this action, Healy Susan L. now owns 22,652 shares of Crocs Inc, valued at $99,702 using the latest closing price.
REPLOGLE JOHN B, the Director of Crocs Inc, purchase 2,240 shares at $112.60 during a trade that took place back on Oct 30 ’24, which means that REPLOGLE JOHN B is holding 9,304 shares at $252,222 based on the most recent closing price.
Stock Fundamentals for CROX
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.58 for the gross margin
The net margin for Crocs Inc stands at 0.2. The total capital return value is set at 0.26. Equity return is now at value 57.07, with 17.96 for asset returns.
Based on Crocs Inc (CROX), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.69. The debt to equity ratio resting at 0.86. The interest coverage ratio of the stock is 8.51.
Currently, EBITDA for the company is 1.09 billion with net debt to EBITDA at 1.45. When we switch over and look at the enterprise to sales, we see a ratio of 1.9. The receivables turnover for the company is 10.55for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.43.
Conclusion
To sum up, Crocs Inc (CROX) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
