Crocs (NASDAQ:CROX) Stock Rating Upgraded by Wall Street Zen

Crocs (NASDAQ:CROX) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Several other equities analysts have also weighed in on CROX. Bank of America reduced their target price on shares of Crocs from $99.00 to $98.00 and set a “buy” rating on the stock in a report on Tuesday, October 21st. Stifel Nicolaus lifted their target price on shares of Crocs from $85.00 to $90.00 and gave the company a “hold” rating in a report on Friday. The Goldman Sachs Group reduced their target price on shares of Crocs from $88.00 to $87.00 and set a “sell” rating on the stock in a report on Tuesday, July 22nd. Citigroup lowered shares of Crocs to a “negative” rating in a report on Tuesday, October 7th. Finally, UBS Group reduced their target price on shares of Crocs from $110.00 to $85.00 and set a “neutral” rating on the stock in a report on Monday, August 11th. Seven investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Crocs currently has a consensus rating of “Hold” and a consensus price target of $103.42.

Crocs Stock Down 1.0%

Shares of CROX opened at $81.69 on Friday. 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 firm has a market cap of $4.46 billion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 1.97 and a beta of 1.43. The company’s fifty day moving average is $82.94 and its two-hundred day moving average is $94.34. 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 earnings results on Thursday, October 30th. The textile maker reported $2.92 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.56. The business had revenue of $996.30 million for the quarter, compared to analyst estimates of $960.14 million. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The business’s quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.60 EPS. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. Analysts forecast that Crocs will post 13.2 earnings per share for the current year.

Insider Buying and Selling at Crocs

In other news, EVP Susan L. Healy purchased 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The shares were purchased at an average price of $76.56 per share, with a total value of $153,120.00. Following the purchase, the executive vice president directly owned 50,078 shares of the company’s stock, valued at approximately $3,833,971.68. This represents a 4.16% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John B. Replogle purchased 3,261 shares of the company’s stock in a transaction that occurred 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 directly owned 15,417 shares in the company, valued at $1,182,329.73. This trade represents a 26.83% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Crocs

Several hedge funds and other institutional investors have recently modified their holdings of CROX. Boston Partners increased its position in shares of Crocs by 2,659.1% in the 2nd quarter. Boston Partners now owns 1,688,383 shares of the textile maker’s stock worth $171,003,000 after purchasing an additional 1,627,190 shares during the last quarter. New Vernon Capital Holdings II LLC boosted its holdings in shares of Crocs by 10,520.0% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 719,293 shares of the textile maker’s stock valued at $76,389,000 after buying an additional 712,520 shares during the period. LSV Asset Management boosted its holdings in shares of Crocs by 180.9% in the 1st quarter. LSV Asset Management now owns 880,260 shares of the textile maker’s stock valued at $93,484,000 after buying an additional 566,847 shares during the period. Norges Bank acquired a new position in shares of Crocs in the 2nd quarter valued at about $56,710,000. Finally, Voss Capital LP acquired a new position in shares of Crocs in the 2nd quarter valued at about $40,765,000. Institutional investors own 93.44% of the company’s stock.

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.