Crocs, Inc. (NASDAQ:CROX) Receives $102.73 Consensus PT from Brokerages

Shares of Crocs, Inc. (NASDAQ:CROX) have been given an average rating of “Hold” by the fifteen brokerages that are currently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $102.7273.

A number of equities research analysts have recently commented on the company. BTIG Research began coverage on Crocs in a research report on Tuesday, March 10th. They set a “neutral” rating on the stock. Monness Crespi & Hardt raised their price target on shares of Crocs from $100.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Wall Street Zen raised shares of Crocs from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Barclays raised their price target on shares of Crocs from $86.00 to $109.00 and gave the company an “equal weight” rating in a research note on Friday, February 13th. Finally, Weiss Ratings lowered shares of Crocs from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday, February 23rd.

Insiders Place Their Bets

In related news, EVP Anne Mehlman sold 12,145 shares of the firm’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $100.06, for a total value of $1,215,228.70. Following the transaction, the executive vice president directly owned 131,112 shares of the company’s stock, valued at approximately $13,119,066.72. This trade represents a 8.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.72% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Root Financial Partners LLC lifted its stake in Crocs by 96.3% in the 1st quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock valued at $27,000 after buying an additional 157 shares in the last quarter. Torren Management LLC purchased a new position in Crocs in the 4th quarter valued at about $39,000. Parallel Advisors LLC lifted its stake in Crocs by 60.2% in the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after buying an additional 186 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in Crocs in the 3rd quarter worth approximately $48,000. Finally, IMA Advisory Services Inc. lifted its stake in Crocs by 72.7% in the 3rd quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker’s stock worth $54,000 after purchasing an additional 272 shares in the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Crocs Price Performance

NASDAQ:CROX opened at $103.39 on Friday. Crocs has a 52 week low of $73.21 and a 52 week high of $122.84. The company has a quick ratio of 0.74, a current ratio of 1.27 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $5.19 billion, a PE ratio of -82.06, a price-to-earnings-growth ratio of 1.19 and a beta of 1.54. The stock’s 50-day moving average price is $90.50 and its 200-day moving average price is $86.73.

Crocs (NASDAQ:CROX) last posted its earnings results on Thursday, February 12th. The textile maker reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $0.37. Crocs had a positive return on equity of 45.17% and a negative net margin of 2.01%.The firm had revenue of $957.64 million for the quarter, compared to analysts’ expectations of $916.16 million. During the same period last year, the firm earned $2.52 EPS. The company’s quarterly revenue was down 3.3% on a year-over-year basis. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. As a group, equities analysts expect that Crocs will post 13.38 EPS for the current fiscal year.

Crocs Company Profile

Crocs, Inc is a global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction. The company’s product portfolio encompasses a range of styles, including clogs, sandals, slides, boots and sneakers, all featuring the slip-resistant, odor-resistant and cushion-providing qualities of the Croslite material. Crocs distributes its products through an omnichannel network that includes e-commerce platforms, company-owned retail stores, authorized dealers and wholesale partners.

Founded in 2002 by Scott Seamans, Lyndon “Duke” Hanson and George Boedecker Jr., Crocs launched its first clog on the island of Vail, Colorado.