Crocs, Inc. (CROX): A Bull Case Theory

From Yahoo Finance: 2025-06-09 12:04:00

Crocs Inc. (CROX) is trading at $100.17 with a trailing P/E of 6.18 and a forward P/E of 8.61. The brand, known for its unique design and comfort, saw a surge in demand during the pandemic, driving revenue and stock price growth. Management’s strategic moves, including the HEYDUDE acquisition, have been met with mixed reactions from investors.

With a focus on aggressive share buybacks and deleveraging, Crocs generates around $900M in annual free cash flow. International markets have seen strong growth while North America stagnates, providing upside potential for the $5.5B market cap company. Hedge funds are showing increasing interest in CROX, with 36 portfolios holding the stock at the end of the first quarter.



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