Yahoo Finance Crocs’ Comfort, Style, and Earnings Eating Up the Competition
The company’s Crocs brand generated 10% more quarterly revenue than the year before. CROX also stomped consensus earnings estimates by 34% on the back of a 55.3% fourth quarter gross margin figure versus 52.5% the prior year.
It’s no wonder CROX shares are up 65% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.
Big Money Chewing Up Crocs Shares
Institutional volumes reveal plenty. In the last two years, CROX has enjoyed strong investor demand, which we believe to be institutional support.
Each green bar signals unusually large volumes in CROX shares. They reflect our proprietary inflow signal, pushing the stock higher:
Plenty of discretionary names are under accumulation right now. But there’s a powerful fundamental story happening with Crocs.
Crocs Fundamental Analysis
Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, CROX has had strong sales and earnings growth:
3-year sales growth rate (+44%)
3-year EPS growth rate (+57.5%)
Source: FactSet
Also, EPS is estimated to ramp higher this year by +9%.
Now it makes sense why the stock has been powering to new heights. CROX has a track record of strong financial performance.
Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.
Crocs has been a top-rated stock at MAPsignals for a while. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s made the rare Top 20 report multiple times in the last two years. The blue bars below show when CROX was a top pick…driving the share price higher:
Tracking unusual volumes reveals the power of money flows.
This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.
Crocs Price Prediction
The CROX rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Disclosure: the author holds no position in CROX at the time of publication.
If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.
This article was originally posted on FX Empire
