Crocs (CROX) Expected to Announce Earnings on Thursday

Crocs (NASDAQ:CROX) is expected to be releasing its earnings data before the market opens on Thursday, February 13th. Analysts expect Crocs to post earnings of $2.27 per share and revenue of $962.32 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Crocs Price Performance

Crocs stock opened at $97.00 on Thursday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.90 and a current ratio of 1.43. The company has a market capitalization of $5.65 billion, a price-to-earnings ratio of 7.03, a price-to-earnings-growth ratio of 1.78 and a beta of 1.93. The company’s 50 day simple moving average is $107.51 and its 200-day simple moving average is $121.02. Crocs has a 1 year low of $94.50 and a 1 year high of $165.32.

Wall Street Analyst Weigh In

A number of research firms have commented on CROX. StockNews.com cut Crocs from a “buy” rating to a “hold” rating in a research note on Saturday, January 11th. Monness Crespi & Hardt decreased their target price on Crocs from $170.00 to $140.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Robert W. Baird lowered their price target on shares of Crocs from $190.00 to $180.00 and set an “outperform” rating for the company in a report on Wednesday, October 30th. Raymond James lowered Crocs from an “outperform” rating to a “market perform” rating in a research report on Wednesday, October 30th. Finally, Barclays reduced their price target on shares of Crocs from $164.00 to $125.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $146.47.

Insider Buying and Selling at Crocs

In related news, CFO Susan L. Healy acquired 1,000 shares of Crocs stock in a transaction dated Wednesday, November 13th. The shares were acquired at an average cost of $99.70 per share, for a total transaction of $99,700.00. Following the completion of the transaction, the chief financial officer now directly owns 22,652 shares of the company’s stock, valued at $2,258,404.40. The trade was a 4.62 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 2.72% of the stock is owned by corporate insiders.

About Crocs

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.