Demystifying Crocs: Insights From 6 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Six analysts have recently reviewed Crocs (NASDAQ:CROX), showing a predominantly bullish outlook with an increased 12-month average price target of $131.67, up 7.49% from the previous target. The reviews include raised price targets and ratings, reflecting positive sentiment towards Crocs's market performance, financial health, and growth prospects. Crocs's financial indicators such as revenue growth, net margin, ROE, and ROA outperform industry averages, although its debt-to-equity ratio indicates higher debt levels.
March 20, 2024 | 4:01 pm
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POSITIVE IMPACT
Analysts show a bullish stance on Crocs, raising their 12-month price targets and ratings. Financial performance indicators like revenue growth and profitability are strong, despite a high debt-to-equity ratio.
The positive sentiment from analysts, indicated by raised price targets and ratings, suggests confidence in Crocs's future performance. The company's strong financial indicators, such as revenue growth, net margin, ROE, and ROA, support this outlook. However, the high debt-to-equity ratio is a concern but seems to be overshadowed by the positive aspects in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100