Crocs Inc

Company Profile

Crocs Inc had its IPO on 2006-02-08 under the ticker symbol CROX.

The company operates in the Consumer Cyclical sector and Footwear & Accessories industry. Crocs Inc has a staff strength of 6,680 employees.

Stock update

Shares of Crocs Inc opened at $118.99 at the start of the last trading session i.e. 2023-03-24.

The stocks traded within a range of $115.58 - $119.55, and closed at $118.35.

This is a -2.09% slip from the previous day's closing price.

A total volume of 954,530 shares were traded at the close of the day’s session.

In the last one week, shares of Crocs Inc have slipped by -2.4%.

Crocs Inc's Key Ratios

Crocs Inc has a market cap of $7.46 billion, indicating a price to book ratio of 9.4712 and a price to sales ratio of 1.7851.

In the last 12-months Crocs Inc’s revenue was $3.55 billion with a gross profit of $1.86 billion and an EBITDA of $937.33 million. The EBITDA ratio measures Crocs Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Crocs Inc’s operating margin was 25.26% while its return on assets stood at 18.57% with a return of equity of 129.84%.

In Q4, Crocs Inc’s quarterly earnings growth was a negative -14.6% while revenue growth was a positive 61.1%.

Crocs Inc’s PE and PEG Ratio

Forward PE

8.8574

Trailing PE

13.6433

PEG

-31.83

Its diluted EPS in the last 12-months stands at $8.86 per share while it has a forward price to earnings multiple of 8.8574 and a PEG multiple of -31.83. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Crocs Inc’s profitability.

Crocs Inc stock is trading at a EV to sales ratio of 2.7304 and a EV to EBITDA ratio of 10.5699. Its price to sales ratio in the trailing 12-months stood at 1.7851.

Crocs Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.50 billion

Total Liabilities

$641.27 million

Operating Cash Flow

$-14602000.00

Capital Expenditure

$14.60 million

Dividend Payout Ratio

0%

Crocs Inc ended 2023 with $4.50 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.50 billion while shareholder equity stood at $817.93 million.

Crocs Inc ended 2023 with $0 in deferred long-term liabilities, $641.27 million in other current liabilities, 110000.00 in common stock, $1.82 billion in retained earnings and $714.81 million in goodwill. Its cash balance stood at $191.63 million and cash and short-term investments were $191.63 million. The company’s total short-term debt was $81,818,000 while long-term debt stood at $2.30 billion.

Crocs Inc’s total current assets stands at $1.03 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $310.35 million compared to accounts payable of $230.82 million and inventory worth $471.55 million.

In 2023, Crocs Inc's operating cash flow was $-14602000.00 while its capital expenditure stood at $14.60 million.

Comparatively, Crocs Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$118.35

52-Week High

$143.5

52-Week Low

$46.08

Analyst Target Price

$150.33

Crocs Inc stock is currently trading at $118.35 per share. It touched a 52-week high of $143.5 and a 52-week low of $143.5. Analysts tracking the stock have a 12-month average target price of $150.33.

Its 50-day moving average was $121.95 and 200-day moving average was $88.59 The short ratio stood at 3.59 indicating a short percent outstanding of 0%.

Around 258% of the company’s stock are held by insiders while 9336.1% are held by institutions.