Crocks Stock Quote Insights for Investors

If you're considering investing in Crocs stock, it's essential to understand the company's performance and growth prospects.

Crocs has consistently delivered strong sales growth, with a 10% increase in revenue in the past quarter.

The company's innovative approach to footwear design has helped it stay ahead of the competition, with a unique product line that appeals to a wide range of consumers.

Crocs has expanded its global presence, with a significant increase in international sales over the past year, now accounting for over 40% of total revenue.

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Crocs stock has seen a significant increase in revenue over the years, with a 11.46% jump in 2023 to $3.96 billion.

In 2023, Crocs's earnings were a staggering $792.57 million, representing a 46.73% increase from the previous year.

The company's financial performance has been on a steady rise, with revenue increasing from $3.55 billion in 2022 to $3.96 billion in 2023.

Crocs's sales per share have also seen a significant increase, rising from $36.31 in 2021 to $63.96 in 2023.

The P/E ratio, which is a measure of a company's stock price relative to its earnings, has been relatively stable, ranging from 7.30 to 12.45 over the past few years.

Here's a breakdown of Crocs's key financial metrics:

Crocs's revenue is expected to continue growing, with estimates suggesting it will reach $4.173 billion by 2025.

The company's earnings per share are also expected to increase, with estimates suggesting it will reach $12.70 by 2025.

As of the current quarter, ending March 31, 2025, the average estimate for earnings per share is $2.710 USD, based on 12 analyst estimates.

Crocs's market capitalization is around $5.97 billion, based on its current stock price of $103.59.

Crocs, Inc. is a company that designs, develops, and manufactures casual lifestyle footwear and accessories. They offer a wide range of products, including clogs, sandals, slides, and more.

Their products are sold through various channels, such as wholesalers, retail stores, e-commerce sites, and third-party marketplaces. They even have kiosks and store-in-store locations where customers can buy their products.

Crocs, Inc. operates in the United States and internationally, making their products available to a global market.

Crocs stock has seen a decline in price due to lower-than-expected guidance, but this presents an attractive price for patient investors.

The brand's international expansion provides a growth story, with a 12-month stock price forecast of $144.07, an increase of 38.57% from the latest price.

Analysts are optimistic about Crocs stock, with an average rating of "Buy" from 15 analysts.

Crocs' core brand momentum remains solid, despite struggles with the HEYDUDE acquisition.

The stock trades at a low P/E of 9x FY24 earnings, making it a speculative opportunity.

Signs of a bullish trend reversal and improving financial metrics suggest that Crocs may have finally bottomed out.

According to analyst forecast, the 12-month stock price forecast is $144.07, which is an increase of 38.57% from the latest price.

The main business seems to be fine, with international growth and a strong brand presence.

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Investing in Crocs stock requires patience, as its growth drivers include international expansion, sandals, and robust gross margins.

The company's recent Q3 results exceeded guidance, but the stock dropped, making it an undervalued opportunity for patient investors.

Crocs' core brand momentum remains solid, despite HEYDUDE's struggles, which impact results but don't define the company's overall performance.

The stock price decline from lower-than-expected guidance presented an attractive price for patient investors, who can take advantage of the long-term growth story.

Crocs' cash flow and strong brand growth make it an underappreciated stock primed for a breakout, despite market doubts raised by HEYDUDE's underperformance.

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As a CROCS investor, it's essential to stay up-to-date on the company's recent events and earnings reports. The Annual General Meeting on June 4, 2024, is a notable event, with an actual EPS of 12.790 USD.

CROCS has reported several earnings releases in the past year, with the Q4 2023 Earnings Release on February 15, 2024, showing an EPS of 4.160 USD. This is a significant increase from the Q3 2023 Earnings Release, which reported an EPS of 2.870 USD.

Here's a breakdown of CROCS' recent earnings reports:

The Q2 2023 Earnings Release on July 27, 2023, reported an EPS of 3.390 USD, indicating a strong performance by the company.