Key Takeaways From Crocs Analyst Ratings

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Throughout the last three months, 11 analysts have evaluated Crocs CROX, offering a diverse set of opinions from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 4 4 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 3 0 0
2M Ago 1 2 0 0 0
3M Ago 2 1 1 0 0

Analysts have recently evaluated Crocs and provided 12-month price targets. The average target is $137.36, accompanied by a high estimate of $167.00 and a low estimate of $95.00. Witnessing a positive shift, the current average has risen by 12.69% from the previous average price target of $121.89.

Breaking Down Analyst Ratings: A Detailed Examination

The analysis of recent analyst actions sheds light on the perception of Crocs by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Tom Nikic Wedbush Maintains Outperform $154.00 -
Jay Sole UBS Raises Neutral $124.00 $117.00
Sam Poser Williams Trading Lowers Hold $125.00 $135.00
Jeff Kessler B. Riley Securities Raises Neutral $122.00 $95.00
Adrienne Yih Barclays Announces Overweight $167.00 -
Chandana Madaka Keybanc Raises Overweight $149.00 $130.00
Christopher Nardone B of A Securities Raises Buy $150.00 $140.00
Jeff Kessler B. Riley Securities Raises Neutral $95.00 $93.00
Abbie Zvejnieks Piper Sandler Raises Overweight $140.00 $135.00
Rick Patel Raymond James Raises Strong Buy $145.00 $120.00
Jim Duffy Stifel Raises Buy $140.00 $132.00

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Crocs. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Crocs compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Crocs's stock. This analysis reveals shifts in analysts' expectations over time.

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.

Unveiling the Story Behind 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's Financial Performance

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Positive Revenue Trend: Examining Crocs's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.58% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Consumer Discretionary sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Crocs's net margin excels beyond industry benchmarks, reaching 26.41%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Crocs's ROE stands out, surpassing industry averages. With an impressive ROE of 19.11%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Crocs's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 5.5%, the company showcases efficient use of assets and strong financial health.

Debt Management: Crocs's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.37, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

Analyst Ratings: What Are They?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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