Crocs (NASDAQ:CROX) Cut to Sell at Williams Trading

Williams Trading cut shares of Crocs (NASDAQ:CROX) from a hold rating to a sell rating in a research note released on Wednesday, MarketBeat Ratings reports. Williams Trading currently has $84.00 price objective on the textile maker’s stock, up from their previous price objective of $75.00.

Other analysts also recently issued reports about the stock. Zacks Research downgraded shares of Crocs from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Needham & Company LLC upped their target price on shares of Crocs from $100.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Robert W. Baird set a $110.00 price target on shares of Crocs in a research report on Friday, February 13th. Barclays boosted their price target on shares of Crocs from $86.00 to $109.00 and gave the company an “equal weight” rating in a report on Friday, February 13th. Finally, Stifel Nicolaus upped their price objective on shares of Crocs from $90.00 to $99.00 and gave the company a “hold” rating in a research report on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $103.42.

Crocs Stock Performance

Crocs stock opened at $100.04 on Wednesday. The company has a market cap of $5.03 billion, a PE ratio of -79.40, a PEG ratio of 1.12 and a beta of 1.56. The company has a current ratio of 1.27, a quick ratio of 0.74 and a debt-to-equity ratio of 0.95. Crocs has a 1 year low of $73.21 and a 1 year high of $122.84. The company’s 50-day moving average is $87.88 and its two-hundred day moving average is $84.61.

Crocs (NASDAQ:CROX) last issued its quarterly earnings results on Thursday, February 12th. The textile maker reported $2.29 EPS for the quarter, topping the consensus estimate of $1.92 by $0.37. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. The company had revenue of $957.64 million during the quarter, compared to analysts’ expectations of $916.16 million. During the same quarter in the previous year, the company earned $2.52 EPS. Crocs’s revenue was down 3.3% on a year-over-year basis. 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 analysts anticipate that Crocs will post 13.2 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of CROX. Boston Partners raised its position in Crocs by 2,659.1% in the 2nd 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 during the last quarter. AQR Capital Management LLC raised 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 during the last quarter. Norges Bank bought a new stake in shares of Crocs in the fourth quarter worth $67,545,000. Smead Capital Management Inc. acquired a new position in Crocs during the third quarter worth $52,978,000. Finally, Himalaya Capital Management LLC bought a new position in Crocs in the fourth quarter valued at $53,720,000. 93.44% of the stock is owned by institutional investors and hedge funds.

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.