Crocs, Inc. (NASDAQ:CROX) Receives Average Rating of “Moderate Buy” from Analysts

Crocs, Inc. (NASDAQ:CROX) has earned a consensus rating of “Moderate Buy” from the twenty ratings firms that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $139.10.

A number of research analysts recently commented on CROX shares. Bank of America increased their price target on Crocs from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Seaport Research Partners lifted their price objective on Crocs from $135.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Stifel Nicolaus upped their target price on Crocs from $105.00 to $125.00 and gave the company a “hold” rating in a research report on Monday, June 15th. Needham & Company LLC increased their target price on Crocs from $132.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Finally, Wedbush started coverage on shares of Crocs in a research report on Monday, June 8th. They set an “outperform” rating for the company.

Insider Buying and Selling

In other Crocs news, CEO Andrew Rees sold 32,688 shares of the stock in a transaction on 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 transaction, the chief executive officer directly owned 743,293 shares in the company, valued at $87,775,470.37. This represents a 4.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last 90 days, insiders have sold 62,688 shares of company stock worth $8,014,859. Corporate insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On Crocs

Hedge funds and other institutional investors have recently modified their holdings of the stock. Corient Private Wealth LP raised its stake in shares of Crocs by 107.3% in the 2nd quarter. Corient Private Wealth LP now owns 23,832 shares of the textile maker’s stock valued at $2,875,000 after purchasing an additional 12,335 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Crocs in the second quarter worth about $2,386,000. California State Teachers Retirement System grew its stake in Crocs by 11,618.1% in the second quarter. California State Teachers Retirement System now owns 7,038,620 shares of the textile maker’s stock worth $849,139,000 after purchasing an additional 6,978,554 shares in the last quarter. HB Wealth Management LLC bought a new stake in Crocs in the second quarter valued at about $263,000. Finally, TD Waterhouse Canada Inc. increased its holdings in Crocs by 45.2% in the second quarter. TD Waterhouse Canada Inc. now owns 1,440 shares of the textile maker’s stock valued at $179,000 after buying an additional 448 shares during the last quarter. Institutional investors own 93.44% of the company’s stock.

Crocs Stock Performance

Shares of CROX stock opened at $121.69 on Friday. Crocs has a 12 month low of $73.21 and a 12 month high of $141.28. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.49 and a quick ratio of 0.96. The firm has a market capitalization of $5.83 billion, a P/E ratio of 10.52, a P/E/G ratio of 1.03 and a beta of 1.53. The company’s fifty day moving average price is $129.28 and its two-hundred day moving average price is $109.59.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, July 30th. The textile maker reported $4.55 earnings per share for the quarter, beating analysts’ consensus estimates of $4.35 by $0.20. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Crocs had a net margin of 14.64% and a return on equity of 47.75%. The firm’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the prior year, the company posted ($8.82) EPS. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. On average, research analysts anticipate that Crocs will post 13.95 earnings per share for the current fiscal year.

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.