Crocs, Inc. (NASDAQ:CROX) Stock Has Average Price Target of $141.20 According to Brokerages

Crocs, Inc. (NASDAQ:CROX) has been assigned an average recommendation of “Moderate Buy” from the nineteen analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation, eleven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $141.20.

A number of equities analysts have issued reports on CROX shares. Piper Sandler restated an “overweight” rating on shares of Crocs in a research report on Friday, July 31st. Monness Crespi & Hardt upped their price objective on shares of Crocs from $130.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Barclays upgraded shares of Crocs from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $118.00 to $139.00 in a report on Thursday. Weiss Ratings raised Crocs from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Finally, Seaport Research Partners boosted their price target on Crocs from $135.00 to $160.00 and gave the company a “buy” rating in a report on Monday, July 20th.

Crocs Price Performance

Shares of CROX traded down $1.63 during midday trading on Friday, reaching $123.14. The stock had a trading volume of 1,017,027 shares, compared to its average volume of 1,118,607. The company has a current ratio of 1.49, a quick ratio of 0.96 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $5.90 billion, a price-to-earnings ratio of 10.64, a price-to-earnings-growth ratio of 1.04 and a beta of 1.56. The company’s 50-day moving average is $121.02 and its 200 day moving average is $117.44. Crocs has a 12-month low of $73.21 and a 12-month high of $141.28.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $4.55 EPS for the quarter, topping the consensus estimate of $4.35 by $0.20. Crocs had a net margin of 14.64% and a return on equity of 47.75%. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the firm posted ($8.82) earnings per share. The business’s revenue was up 2.6% compared to the same quarter last year. 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, equities analysts predict that Crocs will post 13.95 EPS for the current fiscal year.

Insider Buying and Selling at Crocs

In related news, CEO Andrew Rees sold 19,072 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $138.91, for a total value of $2,649,291.52. Following the completion of the transaction, the chief executive officer directly owned 713,293 shares of the company’s stock, valued at $99,083,530.63. This represents a 2.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Beth J. Kaplan bought 885 shares of Crocs stock in a transaction on Tuesday, September 15th. The shares were purchased at an average price of $112.12 per share, for a total transaction of $99,226.20. Following the acquisition, the director directly owned 15,259 shares in the company, valued at approximately $1,710,839.08. This trade represents a 6.16% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. TD Waterhouse Canada Inc. boosted its holdings in Crocs by 37.1% in the third quarter. TD Waterhouse Canada Inc. now owns 1,974 shares of the textile maker’s stock worth $235,000 after acquiring an additional 534 shares in the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in Crocs by 14.8% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 268,617 shares of the textile maker’s stock valued at $31,511,000 after purchasing an additional 34,667 shares during the last quarter. GAMMA Investing LLC grew its position in Crocs by 11.0% during the 3rd quarter. GAMMA Investing LLC now owns 2,657 shares of the textile maker’s stock valued at $312,000 after purchasing an additional 263 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Crocs by 35.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,061 shares of the textile maker’s stock valued at $242,000 after purchasing an additional 544 shares in the last quarter. Finally, Central Pacific Bank Trust Division increased its stake in Crocs by 15.8% during the 3rd quarter. Central Pacific Bank Trust Division now owns 1,910 shares of the textile maker’s stock valued at $224,000 after purchasing an additional 260 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Crocs Company Profile

Crocs, Inc is a global footwear company best known for its molded clogs made from Croslite, a proprietary material designed to provide lightweight comfort and water resistance. The company’s product portfolio also includes sandals, slides, boots, sneakers and other casual footwear, along with Jibbitz charms and accessories that allow consumers to personalize Crocs shoes.

Founded in 2002, Crocs sells its products through company-operated and partner retail stores, e-commerce websites, wholesale partners and third-party digital marketplaces.