Crocs (CROX) to Release Quarterly Earnings on Thursday

Crocs (NASDAQ:CROX) is anticipated to post its quarterly earnings results before the market opens on Thursday, February 13th. Analysts expect Crocs to post earnings of $2.27 per share and revenue of $961.10 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Crocs Price Performance

Shares of Crocs stock opened at $88.95 on Wednesday. Crocs has a 52 week low of $88.39 and a 52 week high of $165.32. The company has a current ratio of 1.43, a quick ratio of 0.90 and a debt-to-equity ratio of 0.82. The stock has a market cap of $5.18 billion, a PE ratio of 6.45, a price-to-earnings-growth ratio of 1.67 and a beta of 1.93. The company’s 50-day moving average price is $106.24 and its two-hundred day moving average price is $119.89.

Analyst Ratings Changes

Several analysts recently commented on the stock. UBS Group cut their target price on shares of Crocs from $146.00 to $122.00 and set a “neutral” rating for the company in a research note on Wednesday, October 30th. Needham & Company LLC initiated coverage on Crocs in a research report on Friday, November 22nd. They set a “buy” rating and a $116.00 price objective for the company. Monness Crespi & Hardt decreased their target price on Crocs from $170.00 to $140.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. StockNews.com lowered Crocs from a “buy” rating to a “hold” rating in a research report on Saturday, January 11th. Finally, Loop Capital lowered Crocs from a “buy” rating to a “hold” rating and decreased their price target for the company from $150.00 to $110.00 in a research report on Thursday, November 7th. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $144.47.

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.