Professional
Added to YB: 2024-10-10
Pitch date: 2024-10-09
CROX [bullish]
Crocs, Inc.
-33.29%
current return
Author Info
No bio for this author
Company Info
Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under the Crocs and HEYDUDE Brands in the United States and internationally.
Market Cap
$3.8B
Pitch Price
$134.78
Price Target
182.00 (+102%)
Dividend
N/A
EV/EBITDA
4.58
P/E
22.50
EV/Sales
1.32
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Guggenheim: Buy Rating for Crocs on $182 Price Target, Industry-Leading Margins, and International Growth
CROX: Guggenheim Buy, PT $182. 90%+ global awareness, 58% GM, 25% OM. $750M FCF (9% yield), 9.8x FY25 PE. Growth in casualization, comfort, personalization. Int'l expansion (SK, China). $4.12B rev, $12.90/$14.00 EPS FY24/25. Resilient despite macro concerns.
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