Crocs (NASDAQ:CROX) Stock Rating Upgraded by Williams Trading

Crocs (NASDAQ:CROX) was upgraded by Williams Trading from a “sell” rating to a “hold” rating in a note issued to investors on Thursday,MarketScreener reports. The firm currently has a $84.00 target price on the textile maker’s stock. Williams Trading’s target price would indicate a potential upside of 4.48% from the company’s previous close.

A number of other equities analysts have also weighed in on the stock. Barclays upped their price target on shares of Crocs from $86.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Friday, February 13th. Piper Sandler restated a “neutral” rating and set a $95.00 price objective on shares of Crocs in a research report on Thursday, February 12th. Stifel Nicolaus upped their target price on shares of Crocs from $90.00 to $99.00 and gave the stock a “hold” rating in a report on Friday, February 13th. Zacks Research lowered Crocs from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Finally, BTIG Research initiated coverage on Crocs in a report on Tuesday. They set a “neutral” rating on the stock. Four research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $103.42.

Crocs Stock Down 3.0%

NASDAQ CROX opened at $80.40 on Thursday. Crocs has a 52 week low of $73.21 and a 52 week high of $122.84. The company has a quick ratio of 0.74, a current ratio of 1.27 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $4.04 billion, a P/E ratio of -63.81, a price-to-earnings-growth ratio of 0.96 and a beta of 1.54. The stock’s 50-day moving average price is $87.62 and its 200-day moving average price is $84.94.

Crocs (NASDAQ:CROX) last announced its quarterly earnings data on Thursday, February 12th. The textile maker reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $0.37. Crocs had a positive return on equity of 45.17% and a negative net margin of 2.01%.The company had revenue of $957.64 million during the quarter, compared to the consensus estimate of $916.16 million. During the same period in the previous year, the company posted $2.52 EPS. The firm’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. On average, equities research analysts predict that Crocs will post 13.2 earnings per share for the current year.

Insider Activity at Crocs

In other 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 transaction, the executive vice president owned 131,112 shares of the company’s stock, valued at approximately $13,119,066.72. The trade was a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.00% of the company’s stock.

Institutional Trading of Crocs

Institutional investors and hedge funds have recently bought and sold shares of the stock. AQR Capital Management LLC boosted its holdings 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 purchasing an additional 1,012,943 shares during the last quarter. Norges Bank purchased a new stake in shares of Crocs in the fourth quarter worth about $67,545,000. Smead Capital Management Inc. purchased a new stake in shares of Crocs in the third quarter worth about $52,978,000. Himalaya Capital Management LLC bought a new position in Crocs during the fourth quarter valued at approximately $53,720,000. Finally, American Century Companies Inc. boosted its stake in Crocs by 144.4% during the third quarter. American Century Companies Inc. now owns 717,402 shares of the textile maker’s stock valued at $59,939,000 after buying an additional 423,817 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

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.