Crocs, Inc. (NASDAQ:CROX – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $105.3333.
A number of research firms have issued reports on CROX. Needham & Company LLC raised their target price on Crocs from $89.00 to $100.00 and gave the company a “buy” rating in a report on Friday, August 29th. Stifel Nicolaus reiterated a “hold” rating and issued a $85.00 price objective (down previously from $127.00) on shares of Crocs in a research report on Friday, August 8th. The Goldman Sachs Group lowered their target price on Crocs from $88.00 to $87.00 and set a “sell” rating for the company in a research note on Tuesday, July 22nd. KeyCorp decreased their price objective on Crocs from $120.00 to $95.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Finally, Barclays restated an “equal weight” rating and issued a $81.00 price target (down from $119.00) on shares of Crocs in a report on Friday, August 8th.
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Insider Activity at Crocs
In related news, EVP Susan L. Healy purchased 2,000 shares of Crocs stock in a transaction that occurred on Tuesday, August 12th. The shares were acquired at an average price of $76.56 per share, with a total value of $153,120.00. Following the completion of the transaction, the executive vice president directly owned 50,078 shares of the company’s stock, valued at $3,833,971.68. This represents a 4.16% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John B. Replogle purchased 3,261 shares of Crocs stock in a transaction that occurred on Friday, August 8th. The shares were bought at an average cost of $76.69 per share, for a total transaction of $250,086.09. Following the transaction, the director directly owned 15,417 shares of the company’s stock, valued at $1,182,329.73. This represents a 26.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.72% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Crocs
Large investors have recently modified their holdings of the business. Costello Asset Management INC acquired a new stake in shares of Crocs in the 1st quarter valued at $32,000. Larson Financial Group LLC raised its position in Crocs by 541.8% during the 1st quarter. Larson Financial Group LLC now owns 353 shares of the textile maker’s stock worth $37,000 after purchasing an additional 298 shares during the last quarter. IMA Advisory Services Inc. bought a new position in Crocs during the 1st quarter worth $40,000. Brooklyn Investment Group bought a new position in shares of Crocs in the 1st quarter worth about $40,000. Finally, Allworth Financial LP raised its position in shares of Crocs by 120.7% in the 2nd quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after acquiring an additional 245 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.
Crocs Stock Down 4.3%
CROX opened at $77.43 on Friday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.54 and a quick ratio of 0.97. The company has a market capitalization of $4.23 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 1.78 and a beta of 1.40. The business has a 50-day moving average of $93.04 and a 200-day moving average of $99.12. Crocs has a fifty-two week low of $73.76 and a fifty-two week high of $151.13.
Crocs (NASDAQ:CROX – Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The textile maker reported $4.23 EPS for the quarter, beating analysts’ consensus estimates of $4.01 by $0.22. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. Crocs had a return on equity of 44.15% and a net margin of 5.72%.The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.01 EPS. Crocs has set its Q3 2025 guidance at EPS. Equities research analysts forecast that Crocs will post 13.2 EPS for the current fiscal year.
Crocs Company Profile
(Get Free Report)
Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.
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