Press coverage about Crocs (NASDAQ:CROX) has trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Crocs earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned news articles about the textile maker an impact score of 45.8398452177362 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
A number of research firms have recently weighed in on CROX. Zacks Investment Research raised Crocs from a “sell” rating to a “buy” rating and set a $15.00 price objective for the company in a research report on Tuesday, January 9th. Pivotal Research reissued a “hold” rating and issued a $13.00 price objective (up previously from $10.00) on shares of Crocs in a research report on Wednesday, January 10th. BidaskClub raised Crocs from a “hold” rating to a “buy” rating in a research report on Thursday, January 11th. Buckingham Research cut Crocs from a “neutral” rating to an “underperform” rating in a research report on Friday, January 5th. Finally, Piper Jaffray Companies set a $12.00 price objective on Crocs and gave the stock a “hold” rating in a research report on Monday, January 8th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. Crocs has a consensus rating of “Hold” and a consensus price target of $10.67.
Shares of Crocs (NASDAQ:CROX) opened at $13.40 on Wednesday. Crocs has a 52-week low of $5.93 and a 52-week high of $14.30. The company has a market capitalization of $948.88, a PE ratio of -38.28, a price-to-earnings-growth ratio of 2.93 and a beta of 0.43.
Crocs (NASDAQ:CROX) last issued its quarterly earnings results on Tuesday, November 7th. The textile maker reported $0.02 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.06. Crocs had a negative return on equity of 0.42% and a negative net margin of 0.60%. research analysts predict that Crocs will post -0.06 earnings per share for the current year.
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Crocs, Inc is engaged in the design, development, manufacturing, marketing, distribution and sale of casual lifestyle footwear and accessories for men, women, and children. The Company’s segments include Americas, Asia Pacific and Europe. Its products include footwear and accessories that utilize its closed-cell resin, called Croslite, as well as casual lifestyle footwear that use a range of materials.
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