For its third fiscal quarter (ending September 30), Crocs Inc (NASDAQ: CROX) has reported a 17% increase in E.P.S. from $2.90 a year ago to $3.38 in the current quarter. For the latest four quarters through September 30, E.P.S. were $13.88 compared to $10.97 a year ago — an increase of 27%.
Recent Price Action
Crocs Inc (NASDAQ: CROX) stock closed at $111.58 on 10/29/24 after a major decline of -19.2%. Moreover, trading volume in this decline was exceptionally high at 797% of normal. Relative to the market the stock has been strong over the last nine months but has declined -19.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CROX is expected to continue to be a major Value Builder.
Crocs has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock's attractiveness. Crocs has a good Power Rating of 74 and a very high Appreciation Score of 85, resulting in the Highest Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.