American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Latest News

Crocs stock gains as Loop Capital sees buying opportunity despite tariff concerns

by admin March 13, 2025
March 13, 2025

Crocs (NASDAQ: CROX) shares gained around 3% on Wednesday after Loop Capital upgraded the stock to a “Buy” from “Hold,” citing an attractive valuation and growth prospects for its Hey Dude brand.

The firm set a price target implying nearly 12% upside potential for the stock.

Loop Capital analyst Laura Champine highlighted the company’s potential for direct-to-consumer (DTC) growth in 2024, saying that management sounded confident about expansion at a recent investor conference.

“We think valuation is attractive, and the company sounded on plan at our conference this week,” Champine wrote on Wednesday.

“Management expects DTC to grow this year at Hey Dude, and we think our expectation for 1% growth in the channel may prove conservative. Hey Dude laps easy comparisons, and DTC may show upside growth in Q1 as the brand laps -11% YoY,” she said.

HEYDUDE pulls back production in China on tariffs by US

Crocs stock has seen volatility over the past week, gaining more than 5% in the wake of President Donald Trump’s announcement of an additional 10% tariff on Chinese goods.

The company has been shifting production away from China in response to previous tariff measures.

“The additional 10% tariff that has been announced recently on Chinese-made goods is not in CROX’s previous outlook,” Champine noted.

That said, Hey Dude is pulling back production in China to 27% of the total, which is a massive shift as it adjusts to the volatile tariff environment.

Despite concerns about cost pressures, Loop Capital believes that market uncertainty surrounding tariffs has created a buying opportunity for investors.

Stifel reaffirms bullish outlook on CROX

On Monday, Stifel analysts reaffirmed their Buy rating on Crocs shares and maintained a price target of $138.

Following discussions with Erinn Murphy, Senior Vice President of Investor Relations & Strategy at Crocs, Stifel expressed confidence in the company’s future performance.

Their analysis pointed to Crocs’ strong margin profile, which includes a 58.76% gross margin and a 20.09% return on assets.

The analysts pointed out that at 6.5 times enterprise value to earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) based on calendar year 2025 estimates, the market may not be fully recognizing the international growth prospects and could be underestimating the contribution from the HEYDUDE brand

BoFA expresses optimises in Crocs’ North American sales in 2025

BofA Securities analyst Christopher Nardone also reiterated a Buy rating on Crocs last month, setting a price target of $153.

He expressed optimism that Crocs’ North American sales could see modest growth in 2025, supported by a strong wholesale order book for the next six months and upcoming product innovations.

New product launches, such as the InMotion clog priced at $60, expanded sandal offerings, and a greater focus on slippers in the second half of the year, are expected to drive consumer interest.

Additionally, continued growth in Jibbitz accessories and brand collaborations are likely to contribute to sales momentum.

While Crocs may see a decline in first-quarter sales due to calendar shifts and tough comparisons with the previous year’s strong growth, analysts anticipate a rebound in the second quarter.

International markets are expected to be the key driver of overall brand growth in 2025 and beyond.

The post Crocs stock gains as Loop Capital sees buying opportunity despite tariff concerns appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Dow and S&P slip on rising trade tensions; Groupon shares jump 35%, while airline stocks continue fall
next post
IBIT, FBTC, ARKB have crashed: 4 reasons to buy Bitcoin ETF dip

Related Posts

Pakistan’s youth deliver stinging rebuke to military elite...

February 13, 2024

In the West Bank, an independent Palestine remains...

February 18, 2024

This remote, mystical forest has been protected for...

August 9, 2024

Powerful Typhoon Gaemi churns toward Taiwan, menaces already...

July 24, 2024

NATO allies call China a ‘decisive enabler’ of...

July 12, 2024

Why axolotls seem to be everywhere — except...

March 17, 2024

A breakaway region in Europe is asking Russia...

February 29, 2024

At least 13 killed in Israeli airstrikes on Nuseirat camp...

July 21, 2024

Explained: Trump’s executive order to support the growth...

January 24, 2025

Senegal to debate extending president’s mandate as protests...

February 6, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • How Donald Trump’s immigration crackdown may tank the labor market

      August 4, 2025
    • Trump’s tariff threat looms over India’s Russian oil deals

      August 4, 2025
    • Trump moves nuclear submarines near Russia: what triggered the move and what’s ahead

      August 3, 2025
    • BOE rate cuts offer little relief as UK households face mounting financial strain

      August 3, 2025
    • Retail investors shift focus to Europe as US valuations stretch

      August 3, 2025

    Categories

    • Business (3,583)
    • Investing (2,703)
    • Latest News (2,031)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved