Crocs Receives a Sell from Susquehanna

In a report released today, Sam Poser from Susquehanna maintained a Sell rating on Crocs (NASDAQ: CROX). The company’s shares closed yesterday at $15.15.

According to TipRanks.com, Poser is a 4-star analyst with an average return of 7.5% and a 56.9% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Steven Madden.

Crocs has an analyst consensus of Hold, with a price target consensus of $13.80.

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Based on Crocs’ latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $24.36 million. In comparison, last year the company had a net profit of $9.88 million.

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Crocs, Inc. engages in the design, development, manufacturing, worldwide marketing, and distribution of casual footwear, apparel, and accessories for men, women, and children. It operates through the following geographical segments: Americas, Asia Pacific, and Europe.