Crocs, Inc. (NASDAQ:CROX) Given Average Rating of “Hold” by Brokerages

Shares of Crocs, Inc. (NASDAQ:CROX) have received a consensus rating of “Hold” from the fourteen ratings firms that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $103.4167.

CROX has been the subject of a number of research reports. Wall Street Zen raised Crocs from a “hold” rating to a “buy” rating in a report on Saturday. Needham & Company LLC lifted their target price on Crocs from $89.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Monness Crespi & Hardt lifted their target price on Crocs from $92.00 to $100.00 and gave the stock a “buy” rating in a report on Friday. UBS Group dropped their target price on Crocs from $110.00 to $85.00 and set a “neutral” rating for the company in a report on Monday, August 11th. Finally, KeyCorp dropped their target price on Crocs from $120.00 to $95.00 and set an “overweight” rating for the company in a report on Friday, August 8th.

Crocs Stock Performance

Shares of NASDAQ:CROX opened at $81.69 on Friday. The company has a market capitalization of $4.46 billion, a price-to-earnings ratio of 21.90, a P/E/G ratio of 1.97 and a beta of 1.43. The firm’s 50 day simple moving average is $82.94 and its 200 day simple moving average is $94.34. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.54 and a quick ratio of 0.97. Crocs has a fifty-two week low of $73.76 and a fifty-two week high of $122.84.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, October 30th. The textile maker reported $2.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.56. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The company had revenue of $996.30 million for the quarter, compared to the consensus estimate of $960.14 million. During the same period last year, the company earned $3.60 earnings per share. The firm’s revenue was down 6.2% compared to the same quarter last year. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. As a group, sell-side analysts forecast that Crocs will post 13.2 earnings per share for the current year.

Insider Activity

In other Crocs news, EVP Susan L. Healy bought 2,000 shares of the stock in a transaction on Tuesday, August 12th. The stock was purchased at an average price of $76.56 per share, with a total value of $153,120.00. Following the completion of the purchase, the executive vice president owned 50,078 shares in the company, valued at $3,833,971.68. The trade was a 4.16% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John B. Replogle bought 3,261 shares of the stock in a transaction on Friday, August 8th. The shares were acquired at an average cost of $76.69 per share, with a total value 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 position. The disclosure for this purchase is available in the SEC filing. 3.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC increased its position in Crocs by 60.5% during the 1st quarter. GAMMA Investing LLC now owns 1,361 shares of the textile maker’s stock valued at $145,000 after purchasing an additional 513 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in Crocs by 50.0% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 708 shares of the textile maker’s stock valued at $75,000 after purchasing an additional 236 shares during the period. KBC Group NV increased its position in Crocs by 15.0% during the 1st quarter. KBC Group NV now owns 2,596 shares of the textile maker’s stock valued at $276,000 after purchasing an additional 339 shares during the period. Vontobel Holding Ltd. increased its position in Crocs by 6.3% during the 1st quarter. Vontobel Holding Ltd. now owns 7,090 shares of the textile maker’s stock valued at $753,000 after purchasing an additional 421 shares during the period. Finally, Teacher Retirement System of Texas increased its position in Crocs by 85.6% during the 1st quarter. Teacher Retirement System of Texas now owns 30,601 shares of the textile maker’s stock valued at $3,250,000 after purchasing an additional 14,110 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

About Crocs

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.