Brokerages Set Crocs, Inc. (NASDAQ:CROX) Target Price at $108.92

Crocs, Inc. (NASDAQ:CROX) has been assigned an average rating of “Moderate Buy” from the fourteen ratings firms that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $108.9231.

Several equities research analysts have issued reports on the stock. KeyCorp lowered their price target on shares of Crocs from $120.00 to $95.00 and set an “overweight” rating on the stock in a research note on Friday, August 8th. Stifel Nicolaus reiterated a “hold” rating and issued a $85.00 price target (down from $127.00) on shares of Crocs in a research note on Friday, August 8th. Monness Crespi & Hardt lowered their price target on shares of Crocs from $140.00 to $92.00 and set a “buy” rating on the stock in a research note on Friday, August 8th. Bank of America lowered their price target on shares of Crocs from $135.00 to $99.00 and set a “buy” rating on the stock in a research note on Friday, August 8th. Finally, UBS Group lowered their price target on shares of Crocs from $110.00 to $85.00 and set a “neutral” rating on the stock in a research note on Monday, August 11th.

Crocs Trading Up 0.4%

Shares of NASDAQ:CROX opened at $83.72 on Monday. Crocs has a 12 month low of $73.76 and a 12 month high of $151.13. The company has a quick ratio of 0.97, a current ratio of 1.54 and a debt-to-equity ratio of 0.97. The company’s fifty day simple moving average is $98.63 and its 200 day simple moving average is $101.02. The firm has a market cap of $4.57 billion, a price-to-earnings ratio of 22.45, a PEG ratio of 1.92 and a beta of 1.41.

Crocs (NASDAQ:CROX) last issued its quarterly earnings data on Thursday, August 7th. The textile maker reported $4.23 EPS for the quarter, topping analysts’ consensus estimates of $4.01 by $0.22. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the business posted $4.01 earnings per share. The firm’s quarterly revenue was up 3.4% on a year-over-year basis. Crocs has set its Q3 2025 guidance at EPS. As a group, research analysts forecast that Crocs will post 13.2 EPS for the current fiscal year.

Insider Buying and Selling at Crocs

In other Crocs news, Director John B. Replogle purchased 3,261 shares of the stock in a transaction on Friday, August 8th. The shares were purchased at an average cost of $76.69 per share, for a total transaction of $250,086.09. Following the purchase, the director owned 15,417 shares of the company’s stock, valued at approximately $1,182,329.73. This represents a 26.83% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Susan L. Healy purchased 2,000 shares of the stock in a transaction on Tuesday, August 12th. The stock was acquired at an average price of $76.56 per share, for a total transaction of $153,120.00. Following the completion of the purchase, the executive vice president directly owned 50,078 shares in the company, valued at approximately $3,833,971.68. The trade was a 4.16% increase in their position. The disclosure for this purchase can be found here. 3.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. State of Wyoming acquired a new position in shares of Crocs during the 2nd quarter worth about $110,000. Kestra Investment Management LLC increased its stake in shares of Crocs by 7.2% during the 2nd quarter. Kestra Investment Management LLC now owns 2,800 shares of the textile maker’s stock worth $284,000 after purchasing an additional 187 shares during the last quarter. Captrust Financial Advisors acquired a new position in shares of Crocs during the 2nd quarter worth about $297,000. Two Sigma Securities LLC acquired a new position in shares of Crocs during the 2nd quarter worth about $434,000. Finally, Man Group plc increased its stake in shares of Crocs by 54.7% during the 2nd quarter. Man Group plc now owns 354,925 shares of the textile maker’s stock worth $35,947,000 after purchasing an additional 125,564 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

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.