Crocs Inc (NASDAQ: CROX) is 50.52% higher on its value in year-to-date trading and has touched a low of $74.00 and a high of $165.32 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CROX stock was last observed hovering at around $135.01 in the last trading session, with the day’s gains setting it 5.59%.
Currently trading at $140.60, the stock is 7.31% and 0.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.53 million and changing 4.14% at the moment leaves the stock 14.90% off its SMA200. CROX registered 43.35% gain for a year compared to 6-month gain of 21.50%.
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The stock witnessed a 7.08% loss in the last 1 month and extending the period to 3 months gives it a -2.65%, and is 7.01% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.62% over the week and 4.14% over the month.
Crocs Inc (CROX) has around 7030 employees, a market worth around $8.35B and $4.06B in sales. Current P/E ratio is 10.57 and Fwd P/E is 10.08. Profit margin for the company is 20.02%. Distance from 52-week low is 90.00% and -14.95% from its 52-week high. The company has generated returns on investments over the last 12 months (23.47%).
Crocs Inc quarterly earnings per share for the current quarter are estimated at 3.09 with sales reaching $1.05B over the same period.The EPS is expected to grow by 6.53% this year, but quarterly earnings will post 4.00% year-over-year. Quarterly sales are estimated to grow 1.70% in year-over-year returns.
694.0 institutions hold shares in Crocs Inc (CROX), with institutional investors hold 99.32% of the company’s shares. The shares outstanding are 60.49M, and float is at 57.18M with Short Float at 9.21%. Institutions hold 96.42% of the Float.
The top institutional shareholder in the company is FMR LLC with over 7.57 million shares valued at $1.09 billion. The investor’s holdings represent 12.5019 of the CROX Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 5.57 million shares valued at $801.35 million to account for 9.2012 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.51 million shares representing 9.0951 and valued at over $792.1 million, while WIT PARTNERS ADVISORY PTE. LTD. holds 4.7095 of the shares totaling 2.85 million with a market value of $410.16 million.
Crocs Inc (CROX) Insider Activity
The most recent transaction is an insider sale by TREFF DOUGLAS J, the company’s Director. SEC filings show that TREFF DOUGLAS J sold 10,594 shares of the company’s common stock on Aug 08 ’24 at a price of $132.38 per share for a total of $1.4 million. Following the sale, the insider now owns 81254.0 shares.
Still, SEC filings show that on Aug 02 ’24, REPLOGLE JOHN B (Director) acquired 1,996 shares at an average price of $123.96 for $0.25 million. The insider now directly holds 7,064 shares of Crocs Inc (CROX).
