In the preceding three months, 11 analysts have released ratings for Crocs (NASDAQ:CROX), presenting a wide array of perspectives from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 4 | 2 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 1 | 0 | 0 |
| 2M Ago | 3 | 3 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts have recently evaluated Crocs and provided 12-month price targets. The average target is $145.45, accompanied by a high estimate of $182.00 and a low estimate of $110.00. Experiencing a 9.47% decline, the current average is now lower than the previous average price target of $160.67.
Investigating Analyst Ratings: An Elaborate Study
In examining recent analyst actions, we gain insights into how financial experts perceive Crocs. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Robert Drbul | Guggenheim | Maintains | Buy | $155.00 | $155.00 |
| Tom Nikic | Needham | Announces | Buy | $116.00 | - |
| Laura Champine | Loop Capital | Lowers | Hold | $110.00 | $150.00 |
| Robert Drbul | Guggenheim | Lowers | Buy | $155.00 | $182.00 |
| Laura Champine | Loop Capital | Lowers | Buy | $150.00 | $155.00 |
| Ashley Owens | Keybanc | Lowers | Overweight | $150.00 | $155.00 |
| Jay Sole | UBS | Lowers | Neutral | $122.00 | $146.00 |
| Jonathan Komp | Baird | Lowers | Outperform | $180.00 | $190.00 |
| Adrienne Yih | Barclays | Lowers | Overweight | $125.00 | $164.00 |
| Robert Drbul | Guggenheim | Announces | Buy | $182.00 | - |
| Ashley Owens | Keybanc | Raises | Overweight | $155.00 | $149.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Crocs. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Crocs compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Crocs's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Crocs's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Crocs analyst ratings.
All You Need to Know About Crocs
Crocs Inc is engaged in the design, development, marketing, distribution, and sale of casual lifestyle footwear accessories for men, women, and children. The reportable geographic segments of the company include the Americas, Asia Pacific, and EMEA.
Crocs: Delving into Financials
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Crocs displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 1.58%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Crocs's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 18.81%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Crocs's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 11.83%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Crocs's ROA excels beyond industry benchmarks, reaching 4.24%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 1.03, Crocs faces challenges in effectively managing its debt levels, indicating potential financial strain.
How Are Analyst Ratings Determined?
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
