Professional
Added to YB: 2022-07-22
Pitch date: 2022-07-22
CROX [bullish]
Crocs, Inc.
+43.83%
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
$62.51
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.58
P/E
22.50
EV/Sales
1.32
Sector
Textiles, Apparel and Luxury Goods
Category
growth
Choice Equities Capital new position: Crox (CROX)
CROX: Trades at 5x earnings & 6x EBITDA despite mgmt's success since 2017. Optimized GTM strategy, cut costs & stores, invested in innovation & marketing. Core clogs growing with new products like jibbitz. Expanding in Europe/Asia + new products (sandals, loafers). HeyDude acquisition adds growth avenue. Targeting 20%+ sales & earnings CAGR. Insiders buying.
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