Sophonnawit Inkaew We previously covered Crocs, Inc. (NASDAQ:CROX) in December 2023, discussing why the stock's recovery from the October 2023 bottom was likely to be unsustainable. This was attributed to the decelerating growth of its core brand and HeyDude's disappointing performance, worsened by the slowing sales in the North American region. With it no longer offering a compelling growth story and no dividends, we had believed that the stock might at best trade sideways, until the management was abl ...

clovercityI started coverage of Crocs (NASDAQ:CROX) with a “Buy” rating last March, arguing the company was undervalued and the Crocs brand had staying power and a number of growth opportunities. The stock is flattish since then. I later upgraded the stock to “Strong Buy” in June, and last wrote about the stock in December, calling it the most undervalued footwear company entering 2024. It is up nearly 30% since that last write-up. While the stock is not nearly as undervalued as it was in December, I co ...

The most recent trading session ended with Crocs (CROX) standing at $120.39, reflecting a -1.34% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.51%. Elsewhere, the Dow saw an upswing of 0.2%, while the tech-heavy Nasdaq appreciated by 0.58%.The footwear company's stock has climbed by 23.25% in the past month, exceeding the Consumer Discretionary sector's gain of 1.3% and the S&P 500's gain of 2.94%.The upcoming earnings release of Crocs will ...

Crocs, Inc. (CROX) has been performing well on the bourses, thanks to its robust business strategies. The company has been gaining from solid consumer demand across the Crocs and HEYDUDE brands, backed by effective pricing actions. This has helped it experience impressive growth for a while now. In fourth-quarter 2023, the company’s bottom line surpassed the Zacks Consensus Estimate for the 15th consecutive time.Driven by such upsides, this current Zacks Rank #3 (Hold) company has gained 17.7% in the past t ...

In the latest trading session, Crocs (CROX) closed at $124.59, marking a -0.18% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.12%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 0.41%.The footwear company's stock has climbed by 27.12% in the past month, exceeding the Consumer Discretionary sector's gain of 0.97% and the S&P 500's gain of 4.83%.Investors will be eagerly watching for the performance of Crocs in its upcoming earnings disc ...

Crocs (CROX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this footwear company have returned +21.5% over the past month versus the Zacks S&P 500 composite's +3.9% change. The Zacks Textile - Apparel industry, to which Crocs belongs, has gained 3.8% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or ...

Amid macroeconomic headwinds, which stem from higher interest rates, inflationary pressures, and recession fears, some businesses continue to post healthy results. Crocs (CROX 0.87%), the maker of popular foam clogs, is one such enterprise, as its latest quarterly numbers were better than analysts expected.Ongoing financial success has made this booming footwear stock a massive winner in recent times, as it has more than quadrupled in just the last five years. This crushes the gains of the Nasdaq Composite ...

I know that many people will scoff at the notion that Crocs (CROX 0.87%) is a top shoe stock. The lightweight, colorful, clog-style shoes evoke polarized opinions from consumers -- some people love them; others don't.Don't confuse Crocs' shoes with its stock. While opinions about the shoes are subjective, I can objectively say that Crocs stock is top-notch. For evidence, if you invested $10,000 in it 10 years ago, you would have $78,000 today. Relatively few stocks have outperformed Crocs over the past deca ...

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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?Develop ...