Added to YB: 2026-04-02
Pitch date: 2026-03-31
CROX [bullish]
Crocs, Inc.
+0.67%
current return
Author Info
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Company Info
Crocs, Inc. together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and kids under the Crocs and HEYDUDE Brands in the United States and internationally.
Market Cap
$4.0B
Pitch Price
$83.00
Price Target
132.00 (+59%)
Dividend
N/A
EV/EBITDA
4.87
P/E
-53.33
EV/Sales
1.36
Sector
Textiles, Apparel and Luxury Goods
Category
value
Crocs pt 2 - $CROX
CROX: Foam clog maker at 6.6x owner earnings vs 15-25x peers despite 58% gross margins, $700M OCF, 20yr brand durability. Retiring 10% float annually via buybacks. HEYDUDE acquisition ($2.5B) underperforming (-22% Q3, mid-teens down 2026) but manageable. Int'l growth runway (low double-digits). Tariff headwind $80M. Probability-weighted IV $132 vs $79.54 price = 40% discount, 19%+ upside even in low case.
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