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Crocs Inc (CROX) Looks Ready for Growth Despite 4.68% Change This Year

Crocs Inc (NASDAQ: CROX) is 4.68% higher on its value in year-to-date trading and has touched a low of $85.71 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 $99.86 in the last trading session, with the day’s loss setting it -2.08%.

Currently trading at $97.78, the stock is -13.36% and -23.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing -2.08% at the moment leaves the stock -26.26% off its SMA200. CROX registered 9.24% gain for a year compared to 6-month loss of -30.63%. The firm has a 50-day simple moving average (SMA 50) of $127.8108 and a 200-day simple moving average (SMA200) of $132.6028.

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The stock witnessed a -28.15% gain in the last 1 month and extending the period to 3 months gives it a -29.81%, and is -3.47% down 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 3.13% over the week and 3.34% over the month.

Crocs Inc (CROX) has around 7030 employees, a market worth around $5.58B and $4.07B in sales. Current P/E ratio is 7.10 and Fwd P/E is 7.59. Profit margin for the company is 20.50%. Distance from 52-week low is 14.08% and -40.85% from its 52-week high. The company has generated returns on investments over the last 12 months (24.32%).

with sales reaching $963.5M over the same period.The EPS is expected to grow by 7.30% this year, but quarterly earnings will post 2.87% year-over-year. Quarterly sales are estimated to grow 0.35% in year-over-year returns.

Crocs Inc (CROX) Top Institutional Holders

705.0 institutions hold shares in Crocs Inc (CROX), with institutional investors hold 98.04% of the company’s shares. The shares outstanding are 60.49M, and float is at 56.10M with Short Float at 7.73%. Institutions hold 95.19% of the Float.

The top institutional shareholder in the company is FMR LLC with over 8.5 million shares valued at $1.24 billion. The investor’s holdings represent 14.0369% of the CROX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.53 million shares valued at $806.35 million to account for 9.123 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 5.32 million shares representing 8.784% and valued at over $776.39 million, while WIT PARTNERS ADVISORY PTE. LTD. holds 4.7095 of the shares totaling 2.85 million with a market value of $416.26 million.

Crocs Inc (CROX) Insider Activity

The most recent transaction is an insider purchase by Healy Susan L., the company’s EVP, Chief Financial Officer. SEC filings show that Healy Susan L. bought 1,000 shares of the company’s common stock on Nov 13 ’24 at a price of $99.70 per share for a total of $99702.0. Following the purchase, the insider now owns 22652.0 shares.

Crocs Inc disclosed in a document filed with the SEC on Oct 30 ’24 that REPLOGLE JOHN B (Director) bought a total of 2,240 shares of the company’s common stock. The trade occurred on Oct 30 ’24 and was made at $112.60 per share for $0.25 million. Following the transaction, the insider now directly holds 9304.0 shares of the CROX stock.

Still, SEC filings show that on Aug 08 ’24, TREFF DOUGLAS J (Director) disposed off 10,594 shares at an average price of $132.38 for $1.4 million. The insider now directly holds 81,254 shares of Crocs Inc (CROX).

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