|Over a week ago|
Crocs CEO sells 50K shares of common stock » 21:1311/0211/02/20
In a regulatory filing,…
In a regulatory filing, Crocs disclosed that its CEO Andrew Rees sold 50K shares of common stock on October 29th in a total transaction size of $2.69M. The holding represents about 4% of his total owned.
|Over a month ago|
Crocs price target raised to $66 from $54 at B. Riley Securities » 08:1610/2810/28/20
B. Riley Securities…
B. Riley Securities analyst Susan Anderson raised the firm's price target on Crocs to $66 from $54 and reiterates a Buy rating on the shares following the company's better than expected Q3 results and "strong" Q4 guidance. Crocs is benefiting from the shift to casual and its collaborations are attracting new customers, Anderson tells investors in a research note. Further, the analyst expects Crocs will be able to maintain higher operating margins due to higher e-commerce penetration longer term.
Crocs price target raised to $60 from $45 at Monness Crespi » 08:0810/2810/28/20
Monness Crespi analyst…
Monness Crespi analyst Jim Chartier raised the firm's price target on Crocs to $60 from $45 and keeps a Buy rating on the shares. The analyst increased estimates to reflect Crocs' "robust" Q4 results and "strong" Q4 outlook. He expects "significant" growth for the company in the first half of 2021. Brand momentum remains very strong with 36% e-commerce growth, 16% comparable store sales growth and Q3 guidance for 20%-30% sales growth, Chartier tells investors in a research note.
Crocs price target raised to $68 from $53 at Susquehanna » 08:0110/2810/28/20
Susquehanna analyst Sam…
Susquehanna analyst Sam Poser raised the firm's price target on Crocs to $68 from $53 and keeps a Positive rating on the shares. The analyst thinks the positioning of the Crocs brand will continue for the foreseeable future. He thinks demand will continue to exceed supply, which should lead to positive long-term sales and margin improvement.
Crocs price target raised to $72 from $50 at Baird » 07:5210/2810/28/20
Baird analyst Jonathan…
Baird analyst Jonathan Komp raised the firm's price target on Crocs to $72 from $50 and keeps an Outperform rating on the shares. The analyst cited Q3 results which featured a sharp revenue upside led by an acceleration in North America along with healthy margin expansion. He noted the robust outlook which he believes could possibly be conservative.
Crocs price target raised to $50 from $42 at Stifel » 07:2110/2810/28/20
Stifel analyst Jim Duffy…
Stifel analyst Jim Duffy raised the firm's price target on Crocs to $50 from $42 after the company reported "impressive sales and profit upside" in Q3 and gave a strong outlook for Q4. While he has raised his estimates following the company's quarterly report, Duffy keeps a Hold rating on Crocs shares, telling investors that he is hesitant to assign a more aggressive valuation given the potential for multiple compression if U.S. clog growth slows.
Crocs price target raised to $57 from $48 at UBS » 06:4310/2810/28/20
UBS analyst Jay Sole…
UBS analyst Jay Sole raised the firm's price target on Crocs to $57 from $48 and keeps a Neutral rating on the shares. The analyst cites the company's "exceptional" Q3 results, its outlook for 20%-30% Q4 sales growth guidance, and his belief that the quarter does not represent the "peak of the fad".
Crocs price target raised to $60 from $50 at Loop Capital » 06:4110/2810/28/20
Loop Capital analyst…
Loop Capital analyst Laura Champine raised the firm's price target on Crocs to $60 from $50 and keeps a Buy rating on the shares after its Q3 earnings beat. The analyst sees her higher sales and earnings estimates reflecting the continued favorable demand for the company's core product, adding that she is impressed with how quickly Crocs grew in the Americas region in Q3.
Crocs price target raised to $67 from $53 at Piper Sandler » 11:5410/2710/27/20
Piper Sandler analyst…
Piper Sandler analyst Erinn Murphy raised the firm's price target on Crocs to $67 from $53, telling investors that she would remain a buyer following the company's "strong" Q3 report. Crocs "has clearly made the turn from defensive repositioning over the past few years to an offensive force in the branded space," argues Murphy, who keeps an Overweight rating on the shares.
Fly Intel: Pre-market Movers » 08:5310/2710/27/20
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