Crocs (NASDAQ:CROX) Now Covered by Analysts at BTIG Research

BTIG Research began coverage on shares of Crocs (NASDAQ:CROX) in a report issued on Tuesday, MarketBeat Ratings reports. The brokerage issued a neutral rating on the textile maker’s stock.

Several other research analysts also recently commented on the stock. Weiss Ratings downgraded shares of Crocs from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, February 23rd. The Goldman Sachs Group lifted their price target on Crocs from $71.00 to $81.00 and gave the company a “sell” rating in a research note on Friday, February 13th. Piper Sandler reissued a “neutral” rating and set a $95.00 price target on shares of Crocs in a report on Thursday, February 12th. Robert W. Baird set a $110.00 price objective on Crocs in a research report on Friday, February 13th. Finally, Needham & Company LLC raised their price objective on Crocs from $100.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $103.42.

Crocs Price Performance

CROX stock opened at $82.91 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 1.27 and a debt-to-equity ratio of 0.95. Crocs has a 12 month low of $73.21 and a 12 month high of $122.84. The firm has a market cap of $4.16 billion, a P/E ratio of -65.80, a P/E/G ratio of 1.01 and a beta of 1.54. The company’s 50-day moving average price is $87.73 and its two-hundred day moving average price is $84.97.

Crocs (NASDAQ:CROX) last issued its earnings results on Thursday, February 12th. The textile maker reported $2.29 EPS for the quarter, beating the consensus estimate of $1.92 by $0.37. The company had revenue of $957.64 million during the quarter, compared to analysts’ expectations of $916.16 million. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the previous 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. On average, analysts anticipate that Crocs will post 13.2 earnings per share for the current fiscal year.

Insider Buying and Selling at Crocs

In related news, EVP Anne Mehlman sold 12,145 shares of the business’s stock in a transaction on 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 sale, the executive vice president owned 131,112 shares of the company’s stock, valued at $13,119,066.72. The trade was a 8.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.72% of the stock is currently owned by corporate insiders.

Institutional Trading of Crocs

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Torren Management LLC bought a new stake in shares of Crocs in the 4th quarter valued at about $39,000. Parallel Advisors LLC raised its position in shares of Crocs by 60.2% during the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after acquiring an additional 186 shares during the last quarter. Allworth Financial LP raised its position in shares of Crocs by 120.7% during the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after acquiring an additional 245 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Crocs in the third quarter worth approximately $48,000. Finally, Employees Retirement System of Texas acquired a new position in shares of Crocs in the second quarter worth approximately $49,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

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.