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

Shares of Crocs, Inc. (NASDAQ:CROX) have earned a consensus rating of “Moderate Buy” from the thirteen research firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $105.3333.

CROX has been the subject of several recent analyst reports. KeyCorp decreased their price objective on shares of Crocs from $120.00 to $95.00 and set an “overweight” rating for the company in a research report on Friday, August 8th. Bank of America decreased their price objective on shares of Crocs from $135.00 to $99.00 and set a “buy” rating for the company in a research report on Friday, August 8th. Barclays reaffirmed an “equal weight” rating and set a $81.00 price objective (down from $119.00) on shares of Crocs in a research report on Friday, August 8th. UBS Group reduced their price target on shares of Crocs from $110.00 to $85.00 and set a “neutral” rating for the company in a research report on Monday, August 11th. Finally, The Goldman Sachs Group decreased their price objective on shares of Crocs from $88.00 to $87.00 and set a “sell” rating for the company in a research note on Tuesday, July 22nd.

Insider Buying and Selling at Crocs

In related news, EVP Susan L. Healy acquired 2,000 shares of the firm’s stock in a transaction on Tuesday, August 12th. The stock was bought at an average price of $76.56 per share, for a total transaction of $153,120.00. Following the completion of the purchase, the executive vice president directly owned 50,078 shares of the company’s stock, valued at approximately $3,833,971.68. The trade was a 4.16% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director John B. Replogle acquired 3,261 shares of the firm’s stock in a transaction on Friday, August 8th. The stock was bought at an average price of $76.69 per share, with a total value of $250,086.09. Following the purchase, the director directly owned 15,417 shares of the company’s stock, valued at $1,182,329.73. This represents a 26.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 2.72% of the company’s stock.

Institutional Investors Weigh In On Crocs

Institutional investors and hedge funds have recently made changes to their positions in the business. Motley Fool Wealth Management LLC raised its holdings in shares of Crocs by 82.6% in the first quarter. Motley Fool Wealth Management LLC now owns 101,978 shares of the textile maker’s stock valued at $10,830,000 after buying an additional 46,124 shares during the last quarter. Entropy Technologies LP purchased a new stake in shares of Crocs in the first quarter valued at about $905,000. Versor Investments LP purchased a new stake in shares of Crocs in the first quarter valued at about $1,275,000. Baird Financial Group Inc. raised its holdings in shares of Crocs by 4.8% in the first quarter. Baird Financial Group Inc. now owns 251,230 shares of the textile maker’s stock valued at $26,681,000 after buying an additional 11,397 shares during the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of Crocs by 29.6% in the first quarter. Victory Capital Management Inc. now owns 36,563 shares of the textile maker’s stock valued at $3,883,000 after buying an additional 8,353 shares during the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Crocs Stock Performance

NASDAQ:CROX opened at $78.99 on Friday. The company has a fifty day simple moving average of $91.91 and a two-hundred day simple moving average of $98.83. The company has a market cap of $4.31 billion, a price-to-earnings ratio of 21.18, a price-to-earnings-growth ratio of 1.79 and a beta of 1.40. The company has a quick ratio of 0.97, a current ratio of 1.54 and a debt-to-equity ratio of 0.97. Crocs has a 52 week low of $73.76 and a 52 week high of $151.13.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, August 7th. The textile maker reported $4.23 EPS for the quarter, topping the consensus estimate of $4.01 by $0.22. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.15 billion. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.01 earnings per share. Crocs has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Crocs will post 13.2 earnings per share for the current fiscal year.

About Crocs

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.