With 0.98 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.85 million shares. The 52-week range on CROX shows that it touched its highest point at $165.32 and its lowest point at $86.11 during that stretch. It currently has a 1-year price target of $126.17. Beta for the stock currently stands at 1.40.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CROX was down-trending over the past week, with a drop of -7.08%, but this was up by 4.80% over a month. Three-month performance surged to 1.18% while six-month performance fell -3.25%. The stock lost -34.49% in the past year, while it has lost -6.72% so far this year. A look at the trailing 12-month EPS for CROX yields 16.32 with Next year EPS estimates of 13.11. For the next quarter, that number is 3.97. This implies an EPS growth rate of -4.24% for this year and 3.94% for next year. EPS is expected to decline by -1.24% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 56.99%.
Float and Shares Shorts:
At present, 56.10 million CROX shares are outstanding with a float of 53.73 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CROX since 14 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $12.93934 being high and $12.87943 being low. For CROX, this leads to a yearly average estimate of $12.8994. Based on analyst estimates, the high estimate for the next quarter is $3.59 and the low estimate is $2.96. The average estimate for the next quarter is thus $3.36.
