Crocs, Inc. (NASDAQ:CROX) Receives Consensus Rating of “Buy” from Analysts

Crocs, Inc. NASDAQCROX is a publicly traded company that designs, develops, and sells casual footwear products worldwide. The company's product line includes sandals, flip-flops, and other casual shoes for men, women, and children.

On August 19, 2021, MarketBeat Ratings reported that the eight research firms covering Crocs, Inc. NASDAQCROX have assigned a consensus rating of "Buy" to the stock. This means that the majority of analysts who cover the company believe that its stock is undervalued and recommend buying it.

One research analyst has rated the stock with a hold recommendation, which means they do not expect the stock's price to move significantly in either direction. Six analysts have given a buy recommendation, which indicates that they believe the stock is undervalued and recommend buying it. One analyst has assigned a strong buy recommendation, which suggests that they believe the stock is significantly undervalued and recommend buying it aggressively.

It's worth noting that while analyst ratings can be helpful in making investment decisions, they should not be the sole basis for any investment decision. It's important to do your own research and consider other factors such as the company's financial health, growth prospects, and competitive landscape before making any investment decisions.