Crocs, Inc. (NASDAQ:CROX – Get Free Report) has been given an average rating of “Hold” by the fifteen research firms that are presently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $103.4167.
Several equities research analysts have recently weighed in on the company. Stifel Nicolaus increased their price objective on Crocs from $90.00 to $99.00 and gave the company a “hold” rating in a research report on Friday, February 13th. Weiss Ratings downgraded shares of Crocs from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, February 23rd. Needham & Company LLC boosted their price objective on shares of Crocs from $100.00 to $118.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Robert W. Baird set a $110.00 price objective on shares of Crocs in a research report on Friday, February 13th. Finally, Monness Crespi & Hardt lifted their target price on Crocs from $100.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, February 13th.
Check Out Our Latest Analysis on Crocs
Crocs Trading Down 0.3%
Crocs (NASDAQ:CROX – Get Free Report) last announced its earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.37. The firm had revenue of $957.64 million during the quarter, compared to the consensus estimate of $916.16 million. Crocs had a positive return on equity of 45.17% and a negative net margin of 2.01%.The firm’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.52 EPS. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. Equities research analysts predict that Crocs will post 13.2 earnings per share for the current year.
Insider Buying and Selling at Crocs
In other news, EVP Anne Mehlman sold 12,145 shares of Crocs stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $100.06, for a total transaction of $1,215,228.70. Following the sale, the executive vice president 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 3.00% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Lisanti Capital Growth LLC acquired a new stake in shares of Crocs in the 2nd quarter valued at approximately $3,138,000. Fort Washington Investment Advisors Inc. OH grew its holdings in Crocs by 20.1% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 221,091 shares of the textile maker’s stock valued at $18,472,000 after purchasing an additional 36,951 shares during the period. Voss Capital LP acquired a new position in Crocs during the second quarter valued at approximately $40,765,000. King Luther Capital Management Corp increased its stake in Crocs by 18.2% in the second quarter. King Luther Capital Management Corp now owns 42,051 shares of the textile maker’s stock valued at $4,259,000 after purchasing an additional 6,479 shares in the last quarter. Finally, LSV Asset Management raised its holdings in Crocs by 21.9% in the second quarter. LSV Asset Management now owns 1,073,120 shares of the textile maker’s stock worth $108,686,000 after purchasing an additional 192,860 shares during the period. 93.44% of the stock is owned by institutional investors.
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.
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