Here's Why Crocs (CROX) Fell More Than Broader Market

In the latest trading session, Crocs (CROX) closed at $99.72, marking a -2.24% move from the previous day. This move lagged the S&P 500's daily loss of 0.4%. On the other hand, the Dow registered a loss of 0.98%, and the technology-centric Nasdaq increased by 0.18%. Shares of the footwear company witnessed a loss of 0.22% over the previous month, trailing the performance of the Consumer Discretionary sector with its gain of 6.85%, and the S&P 500's gain of 4.97%.The upcoming earnings release of Crocs will be of great interest to investors. The company's earnings report is expected on August 7, 2025. The company's earnings per share (EPS) are projected to be $4.03, reflecting a 0.5% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $1.14 billion, up 2.91% from the prior-year quarter. CROX's full-year Zacks Consensus Estimates are calling for earnings of $12.8 per share and revenue of $4.14 billion. These results would represent year-over-year changes of -2.81% and +0.84%, 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. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.76% lower. Crocs currently has a Zacks Rank of #3 (Hold). Digging into valuation, Crocs currently has a Forward P/E ratio of 7.97. This represents a discount compared to its industry average Forward P/E of 14.37. Meanwhile, CROX's PEG ratio is currently 2.12. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Textile - Apparel industry currently had an average PEG ratio of 2.03 as of yesterday's close. The Textile - Apparel industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 230, positioning it in the bottom 7% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Zacks.com. 7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Crocs, Inc. (CROX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks