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Crocs (CROX) Registers a Bigger Fall Than the Market: Important Facts to Note
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In the latest trading session, Crocs (CROX - Free Report) closed at $119.26, marking a -1.43% move from the previous day. This change lagged the S&P 500's 0.52% loss on the day. On the other hand, the Dow registered a loss of 1.24%, and the technology-centric Nasdaq decreased by 0.21%.
The stock of footwear company has fallen by 1.98% in the past month, lagging the Consumer Discretionary sector's gain of 4.8% and the S&P 500's loss of 1.21%.
The investment community will be paying close attention to the earnings performance of Crocs in its upcoming release. The company is slated to reveal its earnings on October 29, 2026. In that report, analysts expect Crocs to post earnings of $3.31 per share. This would mark year-over-year growth of 13.36%. Alongside, our most recent consensus estimate is anticipating revenue of $1 billion, indicating a 0.87% upward movement from the same quarter last 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 take note of any recent adjustments to 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.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.14% higher. Currently, Crocs is carrying a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that Crocs has a Forward P/E ratio of 8.66 right now. Its industry sports an average Forward P/E of 16.76, so one might conclude that Crocs is trading at a discount comparatively.
It is also worth noting that CROX currently has a PEG ratio of 1.01. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. CROX's industry had an average PEG ratio of 1.94 as of yesterday's close.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 184, finds itself in the bottom 26% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
View the Zacks #1 Rank List
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Crocs (CROX) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest trading session, Crocs (CROX - Free Report) closed at $119.26, marking a -1.43% move from the previous day. This change lagged the S&P 500's 0.52% loss on the day. On the other hand, the Dow registered a loss of 1.24%, and the technology-centric Nasdaq decreased by 0.21%.
The stock of footwear company has fallen by 1.98% in the past month, lagging the Consumer Discretionary sector's gain of 4.8% and the S&P 500's loss of 1.21%.
The investment community will be paying close attention to the earnings performance of Crocs in its upcoming release. The company is slated to reveal its earnings on October 29, 2026. In that report, analysts expect Crocs to post earnings of $3.31 per share. This would mark year-over-year growth of 13.36%. Alongside, our most recent consensus estimate is anticipating revenue of $1 billion, indicating a 0.87% upward movement from the same quarter last 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 take note of any recent adjustments to 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.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.14% higher. Currently, Crocs is carrying a Zacks Rank of #2 (Buy).
Valuation is also important, so investors should note that Crocs has a Forward P/E ratio of 8.66 right now. Its industry sports an average Forward P/E of 16.76, so one might conclude that Crocs is trading at a discount comparatively.
It is also worth noting that CROX currently has a PEG ratio of 1.01. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. CROX's industry had an average PEG ratio of 1.94 as of yesterday's close.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 184, finds itself in the bottom 26% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.