Crocs, Inc. (NASDAQ:CROX) Receives $103.42 Consensus PT from Analysts

Crocs, Inc. (NASDAQ:CROX) has earned a consensus recommendation of “Hold” from the fifteen research firms that are currently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $103.4167.

A number of analysts have recently weighed in on CROX shares. Citigroup cut Crocs to a “negative” rating in a research report on Tuesday, October 7th. Zacks Research upgraded Crocs from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. UBS Group reissued a “neutral” rating and issued a $85.00 price target on shares of Crocs in a report on Friday, December 5th. Stifel Nicolaus boosted their price target on Crocs from $85.00 to $90.00 and gave the stock a “hold” rating in a research note on Friday, October 31st. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Crocs in a research report on Monday, December 22nd.

Insider Buying and Selling

In other news, Director John B. Replogle purchased 3,000 shares of the company’s stock in a transaction on Tuesday, November 11th. The shares were acquired at an average price of $74.50 per share, for a total transaction of $223,500.00. Following the purchase, the director owned 18,417 shares in the company, valued at $1,372,066.50. This trade represents a 19.46% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Crocs

Institutional investors have recently made changes to their positions in the company. Boston Partners increased its holdings in Crocs by 2,659.1% in the second quarter. Boston Partners now owns 1,688,383 shares of the textile maker’s stock valued at $171,003,000 after buying an additional 1,627,190 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Crocs by 399.0% during the 3rd quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after acquiring an additional 1,012,943 shares during the period. New Vernon Capital Holdings II LLC increased its stake 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 purchasing an additional 712,520 shares in the last quarter. Smead Capital Management Inc. acquired a new position in Crocs in the 3rd quarter worth about $52,978,000. Finally, Norges Bank purchased a new position in Crocs during the second quarter worth approximately $56,710,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Crocs Stock Up 1.1%

Shares of Crocs stock opened at $91.63 on Friday. The company has a quick ratio of 0.83, a current ratio of 1.40 and a debt-to-equity ratio of 0.97. The company has a market cap of $4.76 billion, a P/E ratio of 29.85 and a beta of 1.54. The firm’s 50 day moving average price is $84.02 and its 200-day moving average price is $88.90. Crocs has a 52-week low of $73.21 and a 52-week high of $122.84.

Crocs (NASDAQ:CROX) last posted its earnings results on Thursday, October 30th. The textile maker reported $2.92 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.56. Crocs had a net margin of 4.48% and a return on equity of 43.14%. The company had revenue of $996.30 million during the quarter, compared to analysts’ expectations of $960.14 million. During the same quarter in the prior year, the company posted $3.60 earnings per share. Crocs’s revenue for the quarter was down 6.2% compared to the same quarter last year. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. On average, sell-side analysts predict that Crocs will post 13.2 EPS for the current fiscal year.

About Crocs

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.