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CROX
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
5.42B

CROX Price Prediction, Crocs AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for CROX with price predictions
08:00 PM EDT Oct 02, 2023

CROX's MACD Histogram just turned positive

The Moving Average Convergence Divergence (MACD) for CROX turned positive on September 29, 2023. Looking at past instances where CROX's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CROX's RSI Oscillator exited the oversold zone, of 24 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 45 cases where CROX's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CROX advanced for three days, in of 336 cases, the price rose further within the following month. The odds of a continued upward trend are .

CROX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on October 03, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on CROX as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CROX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for CROX entered a downward trend on October 03, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CROX’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.554) is normal, around the industry mean (2.929). P/E Ratio (8.210) is within average values for comparable stocks, (26.957). CROX's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.703). CROX has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.043). P/S Ratio (1.414) is also within normal values, averaging (1.642).

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

A.I. Advisor
published Earnings

CROX is expected to report earnings to fall 13.65% to $3.10 per share on October 19

Crocs CROX Stock Earnings Reports
Q3'23
Est.
$3.10
Q2'23
Beat
by $0.63
Q1'23
Beat
by $0.46
Q4'22
Beat
by $0.40
Q3'22
Missed
by $0.11
The last earnings report on July 27 showed earnings per share of $3.59, beating the estimate of $2.96. With 1.16M shares outstanding, the current market capitalization sits at 5.42B.
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nike (NYSE:NKE), Skechers USA (NYSE:SKX), VF Corp (NYSE:VFC), Canada Goose Holdings (NYSE:GOOS), G-III Apparel Group Ltd (NASDAQ:GIII), Lakeland Industries (NASDAQ:LAKE).

Industry description

Apparel/footwear might be slightly more ‘cyclical’ in the largely non-cyclical category of non-durables. While digital giants like Amazon have been rapidly expanding their presence, traditional clothing/footwear retailers have also been bulking up their online presence in recent years, to milk the burgeoning trend of online shopping among consumers across the globe. The apparel and footwear retail market was valued at around $ 360 billion in 2018, and this figure was expected to reach about $386 billion by 2020 (according to a Statista report). NIKE, Inc, V.F. Corporation and Under Armour, Inc. are some of the companies with the largest U.S. stock market caps in this segment.

Market Cap

The average market capitalization across the Apparel/Footwear Industry is 5.42B. The market cap for tickers in the group ranges from 1.66K to 145.49B. NKE holds the highest valuation in this group at 145.49B. The lowest valued company is SQBGQ at 1.66K.

High and low price notable news

The average weekly price growth across all stocks in the Apparel/Footwear Industry was -1%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was -5%. DLA experienced the highest price growth at 26%, while JLMC experienced the biggest fall at -41%.

Volume

The average weekly volume growth across all stocks in the Apparel/Footwear Industry was -12%. For the same stocks of the Industry, the average monthly volume growth was 31% and the average quarterly volume growth was -3%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 61
Price Growth Rating: 59
SMR Rating: 61
Profit Risk Rating: 82
Seasonality Score: 18 (-100 ... +100)
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a retailer of footwear for men, women and children

Industry ApparelFootwear

Profile
Fundamentals
Details
Industry
Apparel Or Footwear
Address
13601 Via Varra
Phone
+1 303 848-7000
Employees
6680
Web
https://www.crocs.com
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CROX and

Correlation & Price change

A.I.dvisor indicates that over the last year, CROX has been closely correlated with DECK. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is a high statistical probability that if CROX jumps, then DECK could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CROX
1D Price
Change %
CROX100%
-2.15%
DECK - CROX
66%
Closely correlated
-1.82%
SKX - CROX
58%
Loosely correlated
-1.08%
UA - CROX
56%
Loosely correlated
-2.41%
UAA - CROX
55%
Loosely correlated
-2.39%
PVH - CROX
53%
Loosely correlated
-4.96%
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