Analysts Set Crocs, Inc. (NASDAQ:CROX) Price Target at $102.00

Crocs, Inc. (NASDAQ:CROX) has been assigned a consensus recommendation of “Hold” from the fifteen brokerages that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $102.00.

CROX has been the subject of several research analyst reports. Stifel Nicolaus reaffirmed a “hold” rating and issued a $85.00 price objective (down previously from $127.00) on shares of Crocs in a report on Friday, August 8th. Citigroup lowered Crocs to a “negative” rating in a report on Tuesday, October 7th. The Goldman Sachs Group cut their price objective on Crocs from $88.00 to $87.00 and set a “sell” rating for the company in a report on Tuesday, July 22nd. Barclays reaffirmed an “equal weight” rating and issued a $81.00 price objective (down previously from $119.00) on shares of Crocs in a report on Friday, August 8th. Finally, Needham & Company LLC lifted their price objective on Crocs from $89.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, August 29th.

Crocs Stock Up 6.2%

CROX stock opened at $81.49 on Tuesday. Crocs has a 1-year low of $73.76 and a 1-year high of $144.23. The business has a fifty day moving average price of $83.14 and a 200-day moving average price of $95.71. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.54 and a quick ratio of 0.97. The stock has a market capitalization of $4.45 billion, a P/E ratio of 21.85, a P/E/G ratio of 1.77 and a beta of 1.43.

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

Insider Activity

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

Institutional Investors Weigh In On Crocs

Hedge funds have recently made changes to their positions in the company. Costello Asset Management INC purchased a new stake in shares of Crocs in the first quarter worth about $32,000. Larson Financial Group LLC lifted its position in shares of Crocs by 541.8% in the first quarter. Larson Financial Group LLC now owns 353 shares of the textile maker’s stock worth $37,000 after buying an additional 298 shares in the last quarter. IMA Advisory Services Inc. purchased a new stake in shares of Crocs in the first quarter worth about $40,000. Brooklyn Investment Group purchased a new stake in shares of Crocs in the first quarter worth about $40,000. Finally, Allworth Financial LP lifted its position in shares of Crocs by 120.7% in the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after buying an additional 245 shares in the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

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.