Crocs, Inc. (NASDAQ:CROX) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Crocs, Inc. (NASDAQ:CROX) has received an average rating of “Moderate Buy” from the twenty research firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $125.00.

A number of brokerages recently issued reports on CROX. Deutsche Bank Aktiengesellschaft started coverage on Crocs in a report on Monday, June 8th. They issued a “buy” rating for the company. Weiss Ratings reiterated a “sell (d+)” rating on shares of Crocs in a research report on Monday. Barclays increased their price target on Crocs from $109.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Friday, May 1st. UBS Group raised Crocs from a “neutral” rating to a “buy” rating in a report on Monday, June 8th. Finally, Robert W. Baird raised shares of Crocs from a “neutral” rating to an “outperform” rating and upped their price objective for the stock from $115.00 to $150.00 in a report on Monday, June 8th.

Insider Buying and Selling

In other Crocs news, CEO Andrew Rees sold 32,688 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer directly owned 743,293 shares in the company, valued at approximately $87,775,470.37. The trade was a 4.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC increased its stake in shares of Crocs by 1.1% during the second quarter. NewEdge Advisors LLC now owns 10,710 shares of the textile maker’s stock valued at $1,085,000 after acquiring an additional 120 shares during the period. Root Financial Partners LLC lifted its position in Crocs by 96.3% in the first quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock worth $27,000 after purchasing an additional 157 shares during the period. L2 Asset Management LLC boosted its stake in Crocs by 5.4% during the 4th quarter. L2 Asset Management LLC now owns 3,319 shares of the textile maker’s stock valued at $284,000 after purchasing an additional 169 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Crocs by 4.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,490 shares of the textile maker’s stock valued at $373,000 after purchasing an additional 176 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in shares of Crocs by 60.2% during the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after purchasing an additional 186 shares during the period. 93.44% of the stock is currently owned by institutional investors.

Crocs Trading Down 1.7%

Crocs stock opened at $122.44 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.67 and a debt-to-equity ratio of 0.93. The firm has a 50-day moving average price of $115.21 and a two-hundred day moving average price of $98.05. The firm has a market capitalization of $6.08 billion, a price-to-earnings ratio of -88.72, a PEG ratio of 1.29 and a beta of 1.55. Crocs has a 52-week low of $73.21 and a 52-week high of $129.79.

Crocs (NASDAQ:CROX) last announced its quarterly earnings results on Thursday, April 30th. The textile maker reported $2.99 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $900.57 million. During the same quarter last year, the business earned $3.00 earnings per share. Crocs’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. Sell-side analysts expect that Crocs will post 13.67 earnings per share for the current 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.