Added to YB: 2024-02-01
Pitch date: 2024-01-31
CROX [bullish]
Crocs, Inc.
-12.74%
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
$103.04
Price Target
143.09 (+59%)
Dividend
N/A
EV/EBITDA
4.58
P/E
22.50
EV/Sales
1.32
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Crocs Clogs Are Good, But The Stock Is Even Better
$CROX: Margins doubled since pre-COVID to 25% despite inflation; Asia growth opp w/ 60% global pop; FCF prioritized over div; solid BS w/ fixed 4.25% debt to '29+; Q1 6% rev growth, $3.25 EPS; e-comm & Asia strategy; 40% undervalued on FCF & capital allocation.
Read full article (6 min)