5 stories mentioning CROXUpdated 9d ago
Every FINWIRES story that references CROX, newest first.
Crocs (CROX) shares rose more than 2% in Monday trading after Baird upgraded the stock to outperform from neutral and adjusted its price target to $150 from $115.Trading volume stood at over 885,000 shares, compared with a daily average of about 1.3 million.Price: $121.84, Change: $+2.49, Percent Change: +2.09%
Crocs (CROX) has an average rating of overweight and mean price target of $117.25, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Crocs (CROX) has an average rating of overweight and mean price target of $111.83, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $103.08, Change: $+1.10, Percent Change: +1.08%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Crocs delivered Q1 adjusted EPS of $2.99 vs. $3.00 prior year, beating estimates by $0.22, while revenues of $921M declined 1.7% but exceeded estimates by $20M. The quarter showed strategic progress with DTC revenues growing 12.1% and Crocs International up 7.2% to $421.5M, now representing 55% of the brand's revenues, though HEYDUDE continued declining 12.3%. We are encouraged by the better-than-expected HEYDUDE guidance and believe the company still boasts the best margins in footwear trading at the lowest multiple in the space. Management raised full-year EPS guidance to $13.20-$13.75 from $12.88-$13.35, with the HEYDUDE decline improving to 7%-5% vs. 9%-7% previously. Adjusted gross margin compressed 90 bps to 56.9% while operating margin of 22.3% remains well-above peers despite a 150 bps decline. The international strength provides important tariff insulation, and shares trade at just 7x the midpoint of full-year guidance, declining 3% pre-market.
Crocs (CROX) has an average rating of overweight and mean price target of $108.25, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
