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Crocs (CROX) Advances While Market Declines: Some Information for Investors
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In the latest trading session, Crocs (CROX - Free Report) closed at $120.99, marking a +2.11% move from the previous day. The stock outpaced the S&P 500's daily loss of 1.21%. At the same time, the Dow added 0.02%, and the tech-heavy Nasdaq lost 2.6%.
Heading into today, shares of the footwear company had lost 4.92% over the past month, lagging the Consumer Discretionary sector's gain of 2.48% and the S&P 500's loss of 0.03%.
Market participants will be closely following the financial results of Crocs in its upcoming release. The company plans to announce its earnings on October 29, 2026. On that day, Crocs is projected to report earnings of $3.31 per share, which would represent year-over-year growth of 13.36%. In the meantime, our current consensus estimate forecasts the revenue to be $1 billion, indicating a 0.87% growth compared to the corresponding quarter of the prior year.
CROX's full-year Zacks Consensus Estimates are calling for earnings of $13.97 per share and revenue of $4.11 billion. These results would represent year-over-year changes of +11.67% and +1.68%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for Crocs. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.14% upward. Currently, Crocs is carrying a Zacks Rank of #2 (Buy).
Investors should also note Crocs's current valuation metrics, including its Forward P/E ratio of 8.48. This signifies a discount in comparison to the average Forward P/E of 16.19 for its industry.
We can also see that CROX currently has a PEG ratio of 0.99. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Textile - Apparel industry held an average PEG ratio of 1.87.
The Textile - Apparel industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 186, positioning it in the bottom 25% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Crocs (CROX) Advances While Market Declines: Some Information for Investors
In the latest trading session, Crocs (CROX - Free Report) closed at $120.99, marking a +2.11% move from the previous day. The stock outpaced the S&P 500's daily loss of 1.21%. At the same time, the Dow added 0.02%, and the tech-heavy Nasdaq lost 2.6%.
Heading into today, shares of the footwear company had lost 4.92% over the past month, lagging the Consumer Discretionary sector's gain of 2.48% and the S&P 500's loss of 0.03%.
Market participants will be closely following the financial results of Crocs in its upcoming release. The company plans to announce its earnings on October 29, 2026. On that day, Crocs is projected to report earnings of $3.31 per share, which would represent year-over-year growth of 13.36%. In the meantime, our current consensus estimate forecasts the revenue to be $1 billion, indicating a 0.87% growth compared to the corresponding quarter of the prior year.
CROX's full-year Zacks Consensus Estimates are calling for earnings of $13.97 per share and revenue of $4.11 billion. These results would represent year-over-year changes of +11.67% and +1.68%, respectively.
Investors should also pay attention to any latest changes in analyst estimates for Crocs. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.14% upward. Currently, Crocs is carrying a Zacks Rank of #2 (Buy).
Investors should also note Crocs's current valuation metrics, including its Forward P/E ratio of 8.48. This signifies a discount in comparison to the average Forward P/E of 16.19 for its industry.
We can also see that CROX currently has a PEG ratio of 0.99. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Textile - Apparel industry held an average PEG ratio of 1.87.
The Textile - Apparel industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 186, positioning it in the bottom 25% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.