Crocs Given Consensus Recommendation of “Buy” by Analysts (NASDAQ:CROX)
Shares of Crocs (NASDAQ:CROX) have been given an average recommendation of “Buy” by the twelve analysts that are covering the company, StockRatingsNetwork.com reports. Six analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $16.81.
Crocs (NASDAQ:CROX) opened at 14.81 on Friday. Crocs has a 52 week low of $11.96 and a 52 week high of $17.95. The stock has a 50-day moving average of $14.85 and a 200-day moving average of $14.60. The company’s market cap is $1.296 billion.
Crocs (NASDAQ:CROX) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.14 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.17 by $0.03. The company had revenue of $312.40 million for the quarter, compared to the consensus estimate of $311.01 million. During the same quarter in the prior year, the company posted $0.35 earnings per share. On average, analysts predict that Crocs will post $0.48 earnings per share for the current fiscal year.
CROX has been the subject of a number of recent research reports. Analysts at CL King upgraded shares of Crocs from a “neutral” rating to a “strong-buy” rating in a research note on Thursday, May 15th. Separately, analysts at Zacks upgraded shares of Crocs from an “underperform” rating to a “neutral” rating in a research note on Monday, May 5th. They now have a $15.50 price target on the stock. Finally, analysts at Buckingham Research initiated coverage on shares of Crocs in a research note on Thursday, April 10th. They set a “buy” rating and a $20.00 price target on the stock.
Crocs, Inc is a designer, manufacturer and distributor of footwear and accessories for men, women and children.
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