# Crocs, Inc. – Consensus ‘buy’ rating and 46.7% Upside Potential

- Link: https://www.directorstalkinterviews.com/crocs-inc.consensus-buy-rating-and-46.7-upside-potential/4121131686
- Published: 2023-11-01T14:46:22+00:00
- Author: Charlotte Edwards

**Crocs, Inc.** with ticker code (CROX) have now 11 confirmed analysts covering 
the stock with the consensus suggesting a rating of ‘buy’. The target price High/
Low ranges between $185.00 and $101.00 calculating the average target price we see
$131.00. Given that the stocks previous close was at $89.32 and the analysts are
correct then there would likely be a percentage uptick in value of 46.7%. The 50
day moving average now sits at $89.48 and the 200 moving average now moves to $111.04.
The market capitalization for the company is 5.42B. The current share price for 
the company is: $87.91 USD

 The potential market cap would be $7,947,926,121 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 8.22, revenue per share of $62.86
and a 13.63% return on assets.

Crocs, Inc. is engaged in the design, development, marketing, distribution, and 
sale of casual lifestyle footwear and accessories for women, men and children. The
Company’s Crocs Brands collection contain Croslite material, a proprietary, molded
footwear technology. The Company’s segments includes North America for the Crocs
Brand, operating throughout the United States of America (US) and Canada; Asia Pacific
for the Crocs Brand, operating throughout Asia, Australia, and New Zealand; Europe,
Middle East, Africa, and Latin America (EMEALA) for the Crocs Brand; and (iv) the
HEYDUDE Brand. The Company sells its products in approximately 85 countries, through
two distribution channels: wholesale and direct-to-consumer. Its wholesale channel
includes domestic and international multi-brand retailers, mono-branded partner 
stores, e-tailors and distributors. Its direct-to-consumer channel includes Company-
operated retail stores, Company-operated e-commerce sites and third-party marketplaces.

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