Added to YB: 2025-10-06
Pitch date: 2025-10-02
CROX [bullish]
Crocs, Inc.
-2.02%
current return
Author Info
No bio for this author
Company Info
Crocs, Inc., together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under the Crocs and HEYDUDE Brands in the United States and internationally.
Market Cap
$4.6B
Pitch Price
$86.64
Price Target
172.40 (+103%)
Dividend
N/A
EV/EBITDA
5.06
P/E
20.61
EV/Sales
1.50
Sector
Textiles, Apparel and Luxury Goods
Category
value
In Defence of Norbert Lou’s Crocs Bet
CROX: Trading at 4.7x P/E after Q2 accounting write-downs masked strong $244.7M adjusted net income. Superior ROIC/margins vs peers but trades at massive discount. International growth +18% (China +30%) offsetting US weakness. Strong DTC model, loyal repeat buyers. $1B buyback program. Stock could double to reach peer EV/EBIT multiples.
Read full article (4 min)