Market Recap Check: Crocs Inc (CROX)’s Negative Finish at 157.85, Up/Down -0.98

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

The price of Crocs Inc (NASDAQ: CROX) closed at $157.85 in the last session, down -0.98% from day before closing price of $159.42. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 1.54 million shares were traded. CROX stock price reached its highest trading level at $165.32 during the session, while it also had its lowest trading level at $156.7901.


We take a closer look at CROX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 60.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.14. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.25.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Monness Crespi & Hardt on May 08, 2024, Reiterated its Buy rating but revised its target price to $170 from $140 previously.

On April 01, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $167.

On February 07, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $130.KeyBanc Capital Markets initiated its Overweight rating on February 07, 2024, with a $130 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 17 ’24 when Rees Andrew sold 10,000 shares for $160.15 per share. The transaction valued at 1,601,507 led to the insider holds 79,748 shares of the business.

MEHLMAN ANNE sold 7,150 shares of CROX for $1,136,916 on Jun 17 ’24. The EVP of CROCS Brand now owns 143,075 shares after completing the transaction at $159.01 per share. On May 28 ’24, another insider, MICHAELS ADAM, who serves as the EVP, Chief Digital Officer of the company, sold 2,164 shares for $153.64 each. As a result, the insider received 332,477 and left with 109,131 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CROX now has a Market Capitalization of 9677199360 and an Enterprise Value of 11480298496. As of this moment, Crocs’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.22, and their Forward P/E ratio for the next fiscal year is 11.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.39 while its Price-to-Book (P/B) ratio in mrq is 6.00. Its current Enterprise Value per Revenue stands at 2.858 whereas that against EBITDA is 10.263.

Stock Price History:

The Beta on a monthly basis for CROX is 2.01, which has changed by 0.48901045 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, CROX has reached a high of $161.04, while it has fallen to a 52-week low of $74.00. The 50-Day Moving Average of the stock is 13.55%, while the 200-Day Moving Average is calculated to be 41.26%.

Shares Statistics:

According to the various share statistics, CROX traded on average about 1.17M shares per day over the past 3-months and 1178450 shares per day over the past 10 days. A total of 60.49M shares are outstanding, with a floating share count of 58.61M. Insiders hold about 3.45% of the company’s shares, while institutions hold 95.08% stake in the company. Shares short for CROX as of 1715731200 were 4944434 with a Short Ratio of 4.65, compared to 1713139200 on 4859227. Therefore, it implies a Short% of Shares Outstanding of 4944434 and a Short% of Float of 9.39.

Most Popular