Crocs: Invest in Steady Growth at an Affordable Price
January 7, 2024
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The company offers its products at an affordable price, allowing people from all walks of life to have access to quality footwear. Crocs ($NASDAQ:CROX) is currently investing in its expansion, increasing its production capabilities and entering new markets globally. The company’s stock has seen a steady increase over the past several years, making it an attractive investment for those looking to get in on the ground floor of a global success story. The company’s unique design and innovative materials have made it a favorite among consumers, resulting in sustained growth and profits. Crocs has developed a wide range of products, from shoes and sandals to apparel and accessories, making it one of the most diverse footwear companies in the world.
Investors are advised to keep an eye on Crocs as it continues to grow and expand. With its affordable price and steady growth, it is an ideal investment opportunity for those looking to diversify their portfolios and take advantage of the global footwear market. With the company’s growing presence, there is no doubt that Crocs will remain a strong and reliable choice for investors for many years to come.
Market Price
CROCS is a steady source of growth at an affordable price. On Friday, the stock opened at $89.0 and closed at $86.5, representing a 3.7% decrease from its last closing price of $89.8. This downward trend indicates that despite CROCS’ potential as a long-term investment, the stock still faces volatility due to market pressures. Despite this, CROCS remains a valuable stock choice for those looking for an investment with a low barrier to entry and the potential for steady growth. Crocs_Invest_in_Steady_Growth_at_an_Affordable_Price”>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Crocs. More…
| Total Revenues | Net Income | Net Margin |
| 3.95k | 676.72 | 17.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Crocs. More…
| Operations | Investing | Financing |
| 937.18 | -101.07 | -855.85 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Crocs. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.58k | 3.38k | 19.74 |
Key Ratios Snapshot
Some of the financial key ratios for Crocs are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 47.2% | 87.9% | 26.7% |
| FCF Margin | ROE | ROA |
| 21.2% | 55.1% | 14.4% |
Analysis
At GoodWhale, we recently conducted an analysis of CROCS’s fundamentals. According to our Star Chart, CROCS is strong in both growth and profitability, but weak when it comes to its assets and dividend. We classify CROCS as a ‘gorilla’, meaning it has achieved stable and high revenue or earning growth due to its strong competitive advantage. Given the company’s high growth potential and competitive positioning, we believe CROCS would be an attractive investment opportunity for many types of investors. In addition to its promising outlook, CROCS also has a high health score of 8/10 with regard to its cashflows and debt, which suggests that the company will be able to safely ride out any crisis without the risk of bankruptcy. Crocs_Invest_in_Steady_Growth_at_an_Affordable_Price”>More…
Peers
Its competitors are Nike Inc, Skechers USA Inc, and Wolverine World Wide Inc.
– Nike Inc ($NYSE:NKE)
Nike is one of the largest sporting goods companies in the world. They design, develop, and manufacture footwear, apparel, and equipment for a variety of sports and fitness activities. Nike’s market cap as of 2022 is 138.47B. Their return on equity is 25.1%. Nike’s products are sold in over 190 countries worldwide.
– Skechers USA Inc ($NYSE:SKX)
Skechers USA Inc has a market cap of 5.44B as of 2022, a Return on Equity of 10.49%. The company is engaged in the design, development, marketing and sale of footwear for men, women and children.
– Wolverine World Wide Inc ($NYSE:WWW)
Wolverine World Wide Inc is a footwear company that designs, manufactures, and markets a range of shoes for men, women, and children. The company has a market cap of 1.3B as of 2022 and a Return on Equity of 18.81%. Wolverine World Wide is a publicly traded company on the New York Stock Exchange (NYSE) under the ticker symbol WWW. The company was founded in 1883 and is headquartered in Rockford, Michigan.
Summary
CROCS (NASDAQ: CROX) is a stock that has been well-known for its Growth At A Reasonable Price (GARP) approach to investing. Its stock price recently moved down, making it an attractive target for investors looking to purchase a bargain. Past data indicates that CROCS has been able to deliver strong returns and steady growth in the past, which suggests that investors who are able to buy at the lower price could be rewarded with long-term gains. CROCS has consistently demonstrated a commitment to creating value for shareholders, with a focus on cost constraints and efficiency. The company has invested heavily in new product development, and has been able to maintain consistent margins while still increasing revenue over time. This, coupled with a strong balance sheet, makes CROCS an attractive opportunity for investors looking for a cash generating asset. As with any stock, investors should consider the risks associated with owning CROCS. The company’s stock price is highly dependent on the demand for its products, meaning that any downturn in the market could be harmful to the stock.
Additionally, the company’s high valuation could make it vulnerable to downside risk if its earnings fail to meet expectations. The company’s long-term track record of growth and strong financials make it an attractive stock that should be monitored closely.
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