Crocs, Inc. (NASDAQ:CROX) [Trend Analysis] has kept up with the changing appetite, stock shows upbeat performance surged around 32.73% in early session as it gain volume of 10.06 Million shares as compare to its average volume of 832.20 shares and then traded at $10.26.
Crocs Inc. (CROX) declared that its Q1 net income of $10.1M, following reporting a loss in similar period a year earlier. The Niwot, Colorado-based company said it had profit of 7 cents per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share. The footwear company posted revenue of $279.1 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $265.6 million. For the current quarter ending in July, Crocs said it expects revenue in the range of $340 million to $350 million. Analysts surveyed by Zacks had expected revenue of $353.6 million.
Moving toward the volatility measures, the price volatility of stock was 8.48% for a week and 4.96% for a month as well as price volatility’s Average True Range for 14 days was 0.55. The beta, which indicates risk in relegation to the market, remained 0.43. The firm past twelve months price to sales ratio was 0.69 and price to cash ratio remained 5.24. As far as the returns are concern, the return on equity was recorded as -28.20% and return on investment was -32.00%, while its return on asset stayed at -13.40%.
For current month, analyst from pool recommended for an “overweight” rating, while gave rating of “Buy” and analysts suggest to “Hold” and gave preference to “underweight,” according to research rating by WSJ.
The liquidity measure in recent quarter results of company was recorded 2.70 as current ratio, on the other side the debt to equity ratio was 0.03, and long-term debt to equity ratio remained value missing. The Company has gross margin of 46.80% and profit margin was negative -9.00% in trailing twelve months.
Crocs, Inc. (NASDAQ:CROX) is ahead its 52 week low with 34.47%and going down from its 52 week high price with -36.07%. The company’s shares performance for the last one month was 18.20% and 22.73% in the previous week. The stock price of firm is moving up from its 20 days moving average with 13.76% and remote isolated positively from 50 days moving average with 10.70%.