Crocs (CROX) closed at $97.49, down 5.95% from the prior day, trailing the S&P 500’s 1.13% loss. Despite the stock’s recent performance, the company is expected to report an EPS of $4.06 and revenue of $1.14 billion, with analysts anticipating full-year earnings of $12.90 per share and revenue of $4.14 billion.

Investors are advised to keep an eye on Crocs’ upcoming earnings report, which could impact the stock price. Analysts have made upward revisions to estimates, indicating positivity towards the company’s ability to generate profits. Crocs currently holds a Zacks Rank of #3 (Hold), with a Forward P/E ratio of 8.04 and a PEG ratio of 2.6, both below industry averages.

Director of Research Sheraz Mian has identified a top stock pick with the potential to double in value, targeting millennial and Gen Z audiences and generating nearly $1 billion in revenue last quarter. This company presents a compelling opportunity for investors, especially after a recent pullback. Interested investors can access more information on Zacks Investment Research’s website.

Read more at Nasdaq: Crocs (CROX) Dips More Than Broader Market: What You Should Know