Crocs (NASDAQ:CROX) Shares Down 7.2% – Should You Sell?

Crocs, Inc. (NASDAQ:CROX) was down 7.2% on Monday . The stock traded as low as $84.85 and last traded at $85.03. Approximately 1,122,061 shares changed hands during trading, a decline of 37% from the average daily volume of 1,793,595 shares. The stock had previously closed at $91.63.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Bank of America decreased their price objective on Crocs from $99.00 to $98.00 and set a “buy” rating for the company in a report on Tuesday, October 21st. Needham & Company LLC reaffirmed a “buy” rating and issued a $100.00 target price on shares of Crocs in a research report on Friday, December 5th. Zacks Research raised shares of Crocs from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Wall Street Zen lowered shares of Crocs from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Finally, Citigroup cut shares of Crocs to a “negative” rating in a report on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $103.42.

Crocs Trading Down 1.3%

The stock has a market cap of $4.44 billion, a PE ratio of 27.86 and a beta of 1.54. The firm has a 50-day moving average price of $84.14 and a 200-day moving average price of $88.59. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.83 and a current ratio of 1.40.

Crocs (NASDAQ:CROX) last released its quarterly earnings data on Thursday, October 30th. The textile maker reported $2.92 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.56. The business had revenue of $996.30 million during the quarter, compared to analyst estimates of $960.14 million. Crocs had a net margin of 4.48% and a return on equity of 43.14%. Crocs’s revenue was down 6.2% compared to the same quarter last year. During the same period last year, the business earned $3.60 EPS. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. As a group, equities analysts anticipate that Crocs, Inc. will post 13.2 EPS for the current fiscal year.

Insider Transactions at Crocs

In other Crocs news, Director John B. Replogle acquired 3,000 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were acquired at an average cost of $74.50 per share, with a total value of $223,500.00. Following the transaction, the director owned 18,417 shares of the company’s stock, valued at $1,372,066.50. The trade was a 19.46% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 2.72% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of CROX. Parallel Advisors LLC increased its holdings in Crocs by 60.2% in the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after buying an additional 186 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of Crocs by 120.7% during the 2nd quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 245 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of Crocs during the 2nd quarter valued at about $48,000. FNY Investment Advisers LLC bought a new stake in shares of Crocs in the third quarter worth approximately $48,000. Finally, Employees Retirement System of Texas purchased a new position in shares of Crocs during the second quarter valued at approximately $49,000. 93.44% of the stock is owned by institutional investors.

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.