Crocs Inc (NASDAQ: CROX) kicked off on November 20, 2023, at the price of $91.10, up 3.72% from the previous trading day. During the day, the shares moved up to $94.70 and dropped to $90.92 before settling in for the closing price of $91.18. Over the past 52 weeks, CROX has traded in a range of $74.00-$151.32.
During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 30.52%. While this was happening, its average annual earnings per share was recorded 6.78%. With a float of $58.40 million, this company’s outstanding shares have now reached $61.75 million.
Let’s determine the extent of company efficiency that accounts for 6680 employees. In terms of profitability, gross margin is +51.57, operating margin of +24.68, and the pretax margin is +20.21.
Crocs Inc (CROX) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Footwear & Accessories Industry. The insider ownership of Crocs Inc is 3.58%, while institutional ownership is 92.39%. The most recent insider transaction that took place on Aug 18, was worth 200,016. In this transaction Director of this company bought 2,114 shares at a rate of $94.61, taking the stock ownership to the 99,770 shares. Before that another transaction happened on Aug 16, when Company’s President sold 9,508 for $95.11, making the entire transaction worth $904,306. This insider now owns 87,633 shares in total.
Crocs Inc (CROX) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported $3.25 earnings per share (EPS), higher than consensus estimate (set at $3.1) by $0.15. This company achieved a net margin of +15.19 while generating a return on equity of 129.84. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.78% per share during the next fiscal year.
Crocs Inc (NASDAQ: CROX) Trading Performance Indicators
Take a look at Crocs Inc’s (CROX) current performance indicators. Last quarter, stock had a quick ratio of 0.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.45. Likewise, its price to free cash flow for the trailing twelve months is 6.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.86, a number that is poised to hit 2.19 in the next quarter and is forecasted to reach 12.10 in one year’s time.
Technical Analysis of Crocs Inc (CROX)
Looking closely at Crocs Inc (NASDAQ: CROX), its last 5-days average volume was 1.59 million, which is a drop from its year-to-date volume of 1.67 million. As of the previous 9 days, the stock’s Stochastic %D was 90.02%. Additionally, its Average True Range was 3.93.
During the past 100 days, Crocs Inc’s (CROX) raw stochastic average was set at 36.50%, which indicates a significant decrease from 99.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.18% in the past 14 days, which was higher than the 47.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $86.17, while its 200-day Moving Average is $108.34. However, in the short run, Crocs Inc’s stock first resistance to watch stands at $95.87. Second resistance stands at $97.18. The third major resistance level sits at $99.65. If the price goes on to break the first support level at $92.09, it is likely to go to the next support level at $89.62. Should the price break the second support level, the third support level stands at $88.31.
Crocs Inc (NASDAQ: CROX) Key Stats
The company with the Market Capitalisation of 5.73 billion has total of 60,567K Shares Outstanding. Its annual sales at the moment are 3,555 M in contrast with the sum of 540,160 K annual income. Company’s last quarter sales were recorded 1,046 M and last quarter income was 177,030 K.