Crocs Inc (CROX) average volume reaches $1.22M: Is Wall Street expecting a rally?

On Tuesday, Crocs Inc (NASDAQ: CROX) opened lower -1.01% from the last session, before settling in for the closing price of $106.29. Price fluctuations for CROX have ranged from $77.16 to $165.32 over the past 52 weeks.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 31.55%. Company’s average yearly earnings per share was noted 7.30% at the time writing. With a float of $56.15 million, this company’s outstanding shares have now reached $60.49 million.

Let’s determine the extent of company efficiency that accounts for 7030 employees. In terms of profitability, gross margin is 58.15%, operating margin of 25.56%, and the pretax margin is 22.33%.

Crocs Inc (CROX) Insider Activity

A key investor’s attitude towards the stock of the Footwear & Accessories industry is another important factor to consider. The insider ownership of Crocs Inc is 3.66%, while institutional ownership is 96.52%. The most recent insider transaction that took place on Oct 30 ’24, was worth 252,222. In this transaction Director of this company bought 2,240 shares at a rate of $112.60, taking the stock ownership to the 9,304 shares. Before that another transaction happened on Aug 08 ’24, when Company’s Director sold 10,594 for $132.38, making the entire transaction worth $1,402,381. This insider now owns 81,254 shares in total.

Crocs Inc (CROX) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 7.30% per share during the next fiscal year.

Crocs Inc (NASDAQ: CROX) Trading Performance Indicators

Check out the current performance indicators for Crocs Inc (CROX). In the past quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.51. Likewise, its price to free cash flow for the trailing twelve months is 6.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.78, a number that is poised to hit 2.27 in the next quarter and is forecasted to reach 12.95 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 2.13 million, which is a jump from its year-to-date volume of 1.33 million. As of the previous 9 days, the stock’s Stochastic %D was 2.13%. Additionally, its Average True Range was 5.43.

During the past 100 days, Crocs Inc’s (CROX) raw stochastic average was set at 0.91%, which indicates a significant decrease from 1.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 90.00% in the past 14 days, which was higher than the 48.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $134.10, while its 200-day Moving Average is $132.65. However, in the short run, Crocs Inc’s stock first resistance to watch stands at $106.40. Second resistance stands at $107.59. The third major resistance level sits at $108.45. If the price goes on to break the first support level at $104.35, it is likely to go to the next support level at $103.49. Should the price break the second support level, the third support level stands at $102.30.

Crocs Inc (NASDAQ: CROX) Key Stats

There are currently 58,282K shares outstanding in the company with a market cap of 6.13 billion. Presently, the company’s annual sales total 3,962 M according to its annual income of 792,570 K. Last quarter, the company’s sales amounted to 1,062 M and its income totaled 199,800 K.