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

Crocs, Inc. (NASDAQ:CROX) has earned an average recommendation of “Moderate Buy” from the twenty research firms that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have covered the stock in the last year is $117.6364.

A number of research analysts recently weighed in on the stock. Needham & Company LLC raised their target price on shares of Crocs from $118.00 to $132.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Barclays raised their price target on Crocs from $109.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Friday, May 1st. BTIG Research began coverage on Crocs in a research report on Tuesday, March 10th. They issued a “neutral” rating for the company. UBS Group upgraded Crocs from a “neutral” rating to a “buy” rating in a research report on Monday, June 8th. Finally, Robert W. Baird upgraded Crocs from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $115.00 to $150.00 in a research report on Monday, June 8th.

Insider Transactions at Crocs

In related news, CEO Andrew Rees sold 32,688 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $118.09, for a total value of $3,860,125.92. Following the completion of the sale, the chief executive officer directly owned 743,293 shares in the company, valued at $87,775,470.37. This trade represents a 4.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Crocs

A number of institutional investors have recently bought and sold shares of CROX. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Crocs by 159.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock worth $79,000 after buying an additional 459 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Crocs by 4.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 211,305 shares of the textile maker’s stock worth $22,441,000 after buying an additional 8,331 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Crocs by 278.1% in the second quarter. EverSource Wealth Advisors LLC now owns 862 shares of the textile maker’s stock worth $87,000 after buying an additional 634 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Crocs by 14.3% during the second quarter. First Trust Advisors LP now owns 112,217 shares of the textile maker’s stock worth $11,365,000 after purchasing an additional 14,067 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of Crocs during the second quarter worth $6,290,000. 93.44% of the stock is currently owned by institutional investors.

Crocs Trading Down 0.9%

CROX stock opened at $124.71 on Friday. The firm has a fifty day moving average price of $106.36 and a 200 day moving average price of $93.34. Crocs has a fifty-two week low of $73.21 and a fifty-two week high of $129.45. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.04 and a current ratio of 1.67. The firm has a market cap of $6.20 billion, a PE ratio of -90.37, a price-to-earnings-growth ratio of 1.29 and a beta of 1.57.

Crocs (NASDAQ:CROX) last posted its earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $921.46 million during the quarter, compared to analyst estimates of $900.57 million. During the same period last year, the firm posted $3.00 earnings per share. Crocs’s revenue for the quarter 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 anticipate that Crocs will post 13.67 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.