Crocs, Inc. (NASDAQ:CROX) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Crocs, Inc. (NASDAQ:CROX) have received a consensus rating of “Moderate Buy” from the twenty analysts that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $117.6364.

CROX has been the subject of a number of research analyst reports. Barclays increased their price objective on shares of Crocs from $109.00 to $110.00 and gave the company an “equal weight” rating in a report on Friday, May 1st. Royal Bank Of Canada initiated coverage on shares of Crocs in a report on Monday, June 8th. They set an “overweight” rating for the company. Needham & Company LLC increased their price objective on shares of Crocs from $118.00 to $132.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. BTIG Research initiated coverage on shares of Crocs in a report on Tuesday, March 10th. They set a “neutral” rating for the company. Finally, UBS Group raised shares of Crocs from a “neutral” rating to a “buy” rating in a report on Monday, June 8th.

Insider Transactions at Crocs

In other Crocs news, CEO Andrew Rees sold 32,688 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the completion of the sale, the chief executive officer directly owned 743,293 shares of the company’s stock, valued at $87,775,470.37. This trade represents a 4.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 3.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Crocs

A number of institutional investors have recently added to or reduced their stakes in the stock. LSV Asset Management grew its holdings in Crocs by 33.1% during the 4th quarter. LSV Asset Management now owns 1,474,037 shares of the textile maker’s stock valued at $126,060,000 after buying an additional 366,537 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Crocs by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,447,096 shares of the textile maker’s stock valued at $123,760,000 after purchasing an additional 11,630 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Crocs by 399.0% in the third quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after purchasing an additional 1,012,943 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of Crocs by 5.8% in the second quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker’s stock valued at $119,551,000 after purchasing an additional 64,672 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. grew its holdings in shares of Crocs by 78.7% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 907,988 shares of the textile maker’s stock valued at $77,651,000 after purchasing an additional 399,964 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 $124.71 on Friday. Crocs has a 12 month low of $73.21 and a 12 month high of $129.45. The stock has a market cap of $6.20 billion, a price-to-earnings ratio of -90.37, a PEG ratio of 1.29 and a beta of 1.57. The company’s 50 day moving average is $106.36 and its two-hundred day moving average is $93.34. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, topping analysts’ consensus estimates of $2.78 by $0.21. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The company had revenue of $921.46 million for the quarter, compared to analysts’ expectations of $900.57 million. During the same quarter last year, the business earned $3.00 EPS. The firm’s revenue was down 1.7% compared to the same quarter last year. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. As a group, research analysts anticipate that Crocs will post 13.67 earnings per share for the current 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.