Crocs Inc (NASDAQ: CROX) stock enjoyed a major increase of 10.2% on 11/14/23. The shares closed at $85.14. The stock has been weak relative to the market over the last nine months but has risen 3.6% during the last week.
Current PriceTarget Research Rating
CROX is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Crocs has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Crocs has a very high Appreciation Score of 98 but a very low Power Rating of 13, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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