Crocs (NASDAQ:CROX - Get Free Report) will issue its quarterly earnings data before the market opens on Tuesday, October 29th. Analysts expect the company to announce earnings of $3.12 per share for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.
Crocs (NASDAQ:CROX - Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The textile maker reported $4.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.59 by $0.42. Crocs had a net margin of 20.02% and a return on equity of 53.20%. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter in the previous year, the business earned $3.59 earnings per share. The firm's revenue was up 3.6% compared to the same quarter last year. On average, analysts expect Crocs to post $13 EPS for the current fiscal year and $14 EPS for the next fiscal year.
CROX stock opened at $138.23 on Tuesday. Crocs has a 52-week low of $74.00 and a 52-week high of $165.32. The company's 50 day simple moving average is $138.26 and its 200-day simple moving average is $138.63. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 0.95. The firm has a market capitalization of $8.39 billion, a P/E ratio of 10.70, a P/E/G ratio of 1.35 and a beta of 1.99.
In other Crocs news, Director Douglas J. Treff sold 10,594 shares of the business's stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $132.38, for a total value of $1,402,433.72. Following the completion of the sale, the director now directly owns 81,254 shares of the company's stock, valued at $10,756,404.52. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, Director John B. Replogle purchased 1,996 shares of Crocs stock in a transaction on Friday, August 2nd. The stock was purchased at an average cost of $123.96 per share, with a total value of $247,424.16. Following the acquisition, the director now directly owns 7,064 shares in the company, valued at approximately $875,653.44. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Douglas J. Treff sold 10,594 shares of the stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $132.38, for a total transaction of $1,402,433.72. Following the completion of the sale, the director now directly owns 81,254 shares of the company's stock, valued at approximately $10,756,404.52. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.72% of the company's stock.
A number of research firms have recently issued reports on CROX. Guggenheim began coverage on shares of Crocs in a report on Wednesday, October 9th. They set a "buy" rating and a $182.00 price target on the stock. StockNews.com upgraded shares of Crocs from a "hold" rating to a "buy" rating in a report on Tuesday, October 15th. UBS Group dropped their price objective on shares of Crocs from $148.00 to $146.00 and set a "neutral" rating on the stock in a research note on Tuesday, July 16th. Barclays dropped their price objective on shares of Crocs from $169.00 to $164.00 and set an "overweight" rating on the stock in a research note on Friday, August 2nd. Finally, Piper Sandler reiterated an "overweight" rating and issued a $170.00 price objective on shares of Crocs in a research note on Friday, August 23rd. Two research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $162.58.
Read Our Latest Analysis on Crocs
Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.
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