Crocs (CROX) Rises: Stock Adds 12.4% in Session

Zacks Equity Research

Crocs, Inc. (CROX) was a big mover last session, as the company saw its shares rise over 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $14.49 to $15.18 in the past one-month time frame.

The company has seen no estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Crocs currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked textile-apparel stocks that are worth considering include Cherokee Inc. (CHKE), Columbia Sportswear Company (COLM) and Hanesbrands Inc. (HBI). All these stocks sport a Zacks Rank #1 (Strong Buy).

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