In the latest trading session, Crocs (CROX) closed at $134.66, marking a +1.65% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.05%. Elsewhere, the Dow gained 0.46%, while the tech-heavy Nasdaq lost 0.64%.
The footwear company's shares have seen an increase of 11.43% over the last month, surpassing the Consumer Discretionary sector's loss of 2.45% and the S&P 500's gain of 0.61%.
Investors will be eagerly watching for the performance of Crocs in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 30, 2026. On that day, Crocs is projected to report earnings of $4.32 per share, which would represent year-over-year growth of 2.13%. Our most recent consensus estimate is calling for quarterly revenue of $1.15 billion, down 0.16% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $13.66 per share and a revenue of $4.08 billion, representing changes of +9.19% and +0.87%, respectively, from the prior year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Crocs. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.06% lower. Crocs presently features a Zacks Rank of #4 (Sell).
In terms of valuation, Crocs is currently trading at a Forward P/E ratio of 9.7. This indicates a discount in contrast to its industry's Forward P/E of 15.71.
Meanwhile, CROX's PEG ratio is currently 1.37. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. CROX's industry had an average PEG ratio of 2.18 as of yesterday's close.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 182, which puts it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Crocs, Inc. (CROX): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).