Crocs, Inc. (NASDAQ:CROX) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of Crocs, Inc. (NASDAQ:CROX) have received an average rating of “Moderate Buy” from the nineteen brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $141.20.

Several research firms have issued reports on CROX. Barclays upgraded shares of Crocs from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $118.00 to $139.00 in a research note on Thursday. Weiss Ratings upgraded shares of Crocs from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Monness Crespi & Hardt boosted their target price 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. Seaport Research Partners increased 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. Finally, Needham & Company LLC raised their price target on Crocs from $132.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, July 24th.

Crocs Stock Down 1.3%

NASDAQ CROX traded down $1.63 during mid-day 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. Crocs has a 1 year low of $73.21 and a 1 year high of $141.28. The stock has a market cap of $5.90 billion, a PE ratio of 10.64, a price-to-earnings-growth ratio of 1.04 and a beta of 1.56. The company has a fifty day moving average price of $121.02 and a 200 day moving average price of $117.44. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.49 and a quick ratio of 0.96.

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

Insider Transactions at Crocs

In other Crocs news, CEO Andrew Rees sold 19,072 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $138.91, for a total value of $2,649,291.52. Following the transaction, the chief executive officer directly owned 713,293 shares of the company’s stock, valued at approximately $99,083,530.63. This trade represents a 2.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Beth Kaplan purchased 885 shares of Crocs stock in a transaction dated Tuesday, September 15th. The shares were acquired at an average cost of $112.12 per share, with a total value of $99,226.20. Following the transaction, the director directly owned 15,259 shares in the company, valued at approximately $1,710,839.08. The trade was a 6.16% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Crocs

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CROX. TD Waterhouse Canada Inc. increased its holdings in Crocs by 37.1% during the third quarter. TD Waterhouse Canada Inc. now owns 1,974 shares of the textile maker’s stock valued at $235,000 after buying an additional 534 shares during the last quarter. Fort Washington Investment Advisors Inc. OH boosted its stake in shares of 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 worth $31,511,000 after acquiring an additional 34,667 shares during the last quarter. GAMMA Investing LLC grew its position in shares of 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 acquiring an additional 263 shares during the period. Farther Finance Advisors LLC grew its position in shares of 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 acquiring an additional 544 shares during the period. Finally, Central Pacific Bank Trust Division grew its position in shares of 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 acquiring an additional 260 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

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.