(A Top Pick July 30/12. Down 6.48%.) Stock is down because they reported a weak quarter. Trading at only 8X the shares earnings. Stock is somewhat seasonal so you’ll see earnings and revenues ramp up in the spring and summer. $18 is very easily attainable.
Brought in a new management team. He thinks the stock is cheap. They have a great balance sheet. People just think of the clogs. That is only 48% of revenue. They do other kinds of shoes. Growing rapidly in Asia. Is a sustainable model now.
Crocs Inc. is a American stock, trading under the symbol CROX-Q on the NASDAQ (CROX). It is usually referred to as NASDAQ:CROX or CROX-Q
In the last year, 1 stock analyst published opinions about CROX-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Crocs Inc..
Crocs Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Crocs Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Crocs Inc. In the last year. It is a trending stock that is worth watching.
On 2023-09-21, Crocs Inc. (CROX-Q) stock closed at a price of $86.08.
They thrived during Covid, because people wore informal-wear, but then got killed after Covid. It bottomed last summer, but recovered 170% since then and 15% YTD. They bought the Hey Dude brand, which helped. They reported an excellent quarter last Thursday.