Back to top

Image: Bigstock

Crocs (CROX) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Read MoreHide Full Article

In the latest trading session, Crocs (CROX - Free Report) closed at $123.23, marking a -1.23% move from the previous day. This change lagged the S&P 500's daily loss of 1.09%. On the other hand, the Dow registered a loss of 0.34%, and the technology-centric Nasdaq decreased by 2.15%.

The footwear company's shares have seen an increase of 1.44% over the last month, surpassing the Consumer Discretionary sector's gain of 0.95% and falling behind the S&P 500's gain of 2.44%.

Analysts and investors alike will be keeping a close eye on the performance of Crocs in its upcoming earnings disclosure. The company's earnings report is set to go public on October 29, 2026. The company is expected to report EPS of $3.3, up 13.01% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $1 billion, indicating a 0.72% upward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $13.95 per share and a revenue of $4.11 billion, demonstrating changes of +11.51% and +1.62%, respectively, from the preceding year.

Investors should also pay attention to any latest changes in analyst estimates for Crocs. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Crocs possesses a Zacks Rank of #3 (Hold).

In the context of valuation, Crocs is at present trading with a Forward P/E ratio of 8.94. This valuation marks a discount compared to its industry average Forward P/E of 16.44.

We can also see that CROX currently has a PEG ratio of 1.04. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Textile - Apparel industry stood at 1.96 at the close of the market yesterday.

The Textile - Apparel industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 202, positioning it in the bottom 18% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Published in