Crocs Inc Stock Z Score
| CROX Stock | USD 121.08 1.75 1.47% |
Crocs | Z Score |
Crocs Inc Company Z Score Analysis
Crocs' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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Crocs Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Crocs is extremely important. It helps to project a fair market value of Crocs Stock properly, considering its historical fundamentals such as Z Score. Since Crocs' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Crocs' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Crocs' interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
In accordance with the company's disclosures, Crocs Inc has a Z Score of 0.0. This is 100.0% lower than that of the Textiles, Apparel & Luxury Goods sector and 100.0% lower than that of the Consumer Discretionary industry. The z score for all United States stocks is 100.0% higher than that of the company.
Crocs Institutional Holders
Institutional Holdings refers to the ownership stake in Crocs that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Crocs' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Crocs' value.| Shares | Qube Research & Technologies | 2023-12-31 | 1.1 M | Coatue Management Llc | 2023-12-31 | 1 M | Geode Capital Management, Llc | 2023-12-31 | 1 M | Assenagon Asset Management Sa | 2023-12-31 | 895.7 K | Millennium Management Llc | 2023-12-31 | 794.1 K | Aqr Capital Management Llc | 2023-12-31 | 793 K | Norges Bank | 2023-12-31 | 773.1 K | Pacer Advisors, Inc. | 2023-12-31 | 771.3 K | Charles Schwab Investment Management Inc | 2023-12-31 | 705.4 K | Blackrock Inc | 2023-12-31 | 5.6 M | Vanguard Group Inc | 2023-12-31 | 5.5 M |
Crocs Fundamentals
| Return On Equity | 0.7 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 9.15 B | ||||
| Shares Outstanding | 60.5 M | ||||
| Shares Owned By Insiders | 2.90 % | ||||
| Shares Owned By Institutions | 95.64 % | ||||
| Number Of Shares Shorted | 5.08 M | ||||
| Price To Earning | 10.55 X | ||||
| Price To Book | 5.23 X | ||||
| Price To Sales | 1.92 X | ||||
| Revenue | 3.96 B | ||||
| Gross Profit | 1.86 B | ||||
| EBITDA | 1.1 B | ||||
| Net Income | 792.57 M | ||||
| Cash And Equivalents | 142.97 M | ||||
| Cash Per Share | 2.32 X | ||||
| Total Debt | 2 B | ||||
| Debt To Equity | 4.59 % | ||||
| Current Ratio | 1.97 X | ||||
| Book Value Per Share | 24.03 X | ||||
| Cash Flow From Operations | 930.44 M | ||||
| Short Ratio | 4.35 X | ||||
| Earnings Per Share | 12.79 X | ||||
| Price To Earnings To Growth | (31.83) X | ||||
| Target Price | 144.43 | ||||
| Number Of Employees | 7.03 K | ||||
| Beta | 2.02 | ||||
| Market Capitalization | 7.3 B | ||||
| Total Asset | 4.64 B | ||||
| Retained Earnings | 2.61 B | ||||
| Working Capital | 212.41 M | ||||
| Current Asset | 445.95 M | ||||
| Current Liabilities | 167.1 M | ||||
| Net Asset | 4.64 B |
About Crocs Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Crocs Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Crocs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Crocs Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Crocs Investors Sentiment
The influence of Crocs' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Crocs. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Crocs' public news can be used to forecast risks associated with an investment in Crocs. The trend in average sentiment can be used to explain how an investor holding Crocs can time the market purely based on public headlines and social activities around Crocs Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Crocs' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Crocs' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Crocs' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Crocs.
Crocs Implied Volatility | 152.34 |
Crocs' implied volatility exposes the market's sentiment of Crocs Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Crocs' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Crocs stock will not fluctuate a lot when Crocs' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Crocs in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Crocs' short interest history, or implied volatility extrapolated from Crocs options trading.
Pair Trading with Crocs
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Crocs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Crocs will appreciate offsetting losses from the drop in the long position's value.Moving together with Crocs Stock
| 0.86 | BC | Brunswick Earnings Call This Week | PairCorr |
| 0.78 | RL | Ralph Lauren Corp Financial Report 23rd of May 2024 | PairCorr |
| 0.77 | DOGZ | Dogness International | PairCorr |
Moving against Crocs Stock
| 0.81 | VUZI | Vuzix Corp Cmn Financial Report 8th of May 2024 | PairCorr |
| 0.73 | VRA | Vera Bradley Financial Report 5th of June 2024 | PairCorr |
| 0.7 | FOSL | Fossil Group | PairCorr |
| 0.66 | VEEE | Twin Vee Powercats | PairCorr |
| 0.66 | UHG | United Homes Group | PairCorr |
The ability to find closely correlated positions to Crocs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crocs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Crocs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Crocs Inc to buy it.
The correlation of Crocs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Crocs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crocs Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Crocs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Crocs Piotroski F Score and Crocs Valuation analysis. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Crocs Stock analysis
When running Crocs' price analysis, check to measure Crocs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crocs is operating at the current time. Most of Crocs' value examination focuses on studying past and present price action to predict the probability of Crocs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crocs' price. Additionally, you may evaluate how the addition of Crocs to your portfolios can decrease your overall portfolio volatility.
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Is Crocs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Crocs. If investors know Crocs will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Crocs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.891 | Earnings Share 12.79 | Revenue Per Share 64.548 | Quarterly Revenue Growth 0.016 | Return On Assets 0.1429 |
The market value of Crocs Inc is measured differently than its book value, which is the value of Crocs that is recorded on the company's balance sheet. Investors also form their own opinion of Crocs' value that differs from its market value or its book value, called intrinsic value, which is Crocs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Crocs' market value can be influenced by many factors that don't directly affect Crocs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Crocs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Crocs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Crocs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.