Crocs (CROX) Expected to Announce Earnings on Thursday

Crocs (NASDAQ:CROX) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Thursday, August 7th. Analysts expect the company to announce earnings of $4.03 per share and revenue of $1.15 billion for the quarter.

Crocs (NASDAQ:CROX) last issued its quarterly earnings data on Thursday, May 8th. The textile maker reported $3.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.51 by $0.49. The company had revenue of $937.33 million during the quarter, compared to the consensus estimate of $907.07 million. Crocs had a net margin of 23.35% and a return on equity of 43.07%. The firm’s revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.02 earnings per share. On average, analysts expect Crocs to post $13 EPS for the current fiscal year and $14 EPS for the next fiscal year.

Crocs Trading Down 2.0%

CROX opened at $102.23 on Thursday. The stock has a market capitalization of $5.73 billion, a P/E ratio of 6.26, a P/E/G ratio of 2.16 and a beta of 1.38. Crocs has a 12 month low of $86.11 and a 12 month high of $151.13. The firm’s fifty day simple moving average is $103.74 and its 200 day simple moving average is $102.68. The company has a current ratio of 1.52, a quick ratio of 0.97 and a debt-to-equity ratio of 0.75.

Analyst Ratings Changes

A number of brokerages have recently commented on CROX. Bank of America cut their price target on Crocs from $140.00 to $135.00 and set a “buy” rating on the stock in a report on Monday, June 30th. The Goldman Sachs Group dropped their target price on Crocs from $88.00 to $87.00 and set a “sell” rating on the stock in a research report on Tuesday, July 22nd. Needham & Company LLC upped their price target on Crocs from $118.00 to $129.00 and gave the stock a “buy” rating in a research report on Thursday, May 8th. Barclays lowered their price objective on shares of Crocs from $122.00 to $119.00 and set an “overweight” rating on the stock in a report on Friday, May 9th. Finally, Piper Sandler cut their price objective on shares of Crocs from $125.00 to $115.00 and set an “overweight” rating on the stock in a research report on Friday, April 11th. One analyst has rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $131.00.

Insider Transactions at Crocs

In other news, Director Ian Bickley sold 3,044 shares of Crocs stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $115.89, for a total transaction of $352,769.16. Following the completion of the transaction, the director directly owned 27,505 shares in the company, valued at approximately $3,187,554.45. The trade was a 9.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Crocs

An institutional investor recently raised its position in Crocs stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Crocs, Inc. (NASDAQ:CROX) by 159.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 746 shares of the textile maker’s stock after purchasing an additional 459 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Crocs were worth $79,000 at the end of the most recent quarter. 93.44% of the stock is owned by institutional investors.

Crocs Company Profile

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.