After moving -2.6% during today's evening session, Crocs is now trading at a price of $89.51 per share. On average, analysts give it a target price of $135.1.
Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and distributes casual lifestyle footwear and accessories for men, women, and children worldwide.
Potential Crocs Investors Should Analyze the Following:
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Crocs has moved 17.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 0.76. A number between 0 and 1 could mean that the market is undervaluing Crocs's estimated growth potential
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Its Price to Book (P/B) ratio is 4.67
Understanding Crocs's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-16 | 3,554,985 | -1,009,526 | 24 | -20.0 |
| 2022-02-16 | 2,313,416 | -737,156 | 30 | 76.47 |
| 2021-02-23 | 1,385,951 | -514,753 | 17 | 70.0 |
| 2020-02-27 | 1,230,593 | -488,407 | 10 | 66.67 |
| 2019-02-28 | 1,088,205 | -495,028 | 6 | 200.0 |
| 2018-03-20 | 1,023,513 | -494,601 | 2 |
Over the last 6 years, Crocs's operating margins have averaged 14.8%, which is similar to the 12.86% Footwear & Accessories industry average. We also note that the company's operating margins have a high coefficient of variability at 72.9%. On the other hand, we note that the firm's margins are growing at a 51.2% compounded average yearly rate.
