Crocs, Inc. (NASDAQ:CROX) Receives Consensus Rating of “Hold” from Brokerages

by · The Cerbat Gem

Shares of Crocs, Inc. (NASDAQ:CROX – Get Free Report) have been assigned a consensus rating of “Hold” from the fifteen research firms that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $103.4167.

Several equities research analysts have recently weighed in on CROX shares. Bank of America reduced their price target on Crocs from $99.00 to $98.00 and set a “buy” rating on the stock in a report on Tuesday, October 21st. Stifel Nicolaus increased their target price on Crocs from $85.00 to $90.00 and gave the stock a “hold” rating in a research note on Friday, October 31st. Needham & Company LLC reissued a “buy” rating and set a $100.00 target price on shares of Crocs in a research note on Friday, December 5th. Barclays upped their price target on shares of Crocs from $81.00 to $86.00 and gave the stock an “equal weight” rating in a report on Friday, October 31st. Finally, Citigroup cut shares of Crocs to a “negative” rating in a research report on Tuesday, October 7th.

Read Our Latest Report on CROX

Crocs Trading Down 0.3%

Shares of CROX opened at $89.74 on Friday. The company’s fifty day simple moving average is $83.85 and its 200-day simple moving average is $89.09. The company has a market cap of $4.66 billion, a P/E ratio of 29.23 and a beta of 1.54. The company has a current ratio of 1.40, a quick ratio of 0.83 and a debt-to-equity ratio of 0.97. Crocs has a twelve month low of $73.21 and a twelve month high of $122.84.

Crocs (NASDAQ:CROX – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The textile maker reported $2.92 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.56. Crocs had a net margin of 4.48% and a return on equity of 43.14%. The firm had revenue of $996.30 million during the quarter, compared to analysts’ expectations of $960.14 million. During the same period in the previous year, the company earned $3.60 EPS. The firm’s revenue for the quarter was down 6.2% compared to the same quarter last year. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. As a group, analysts expect that Crocs will post 13.2 EPS for the current year.

Insider Transactions at Crocs

In other news, Director John B. Replogle acquired 3,000 shares of Crocs stock in a transaction on Tuesday, November 11th. The shares were bought at an average cost of $74.50 per share, for a total transaction of $223,500.00. Following the acquisition, the director directly owned 18,417 shares of the company’s stock, valued at $1,372,066.50. This trade represents a 19.46% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.00% of the stock is currently owned by company insiders.

Institutional Trading of Crocs

Several institutional investors and hedge funds have recently made changes to their positions in the company. Deutsche Bank AG boosted its holdings in Crocs by 7.2% during the first quarter. Deutsche Bank AG now owns 4,916 shares of the textile maker’s stock valued at $522,000 after acquiring an additional 331 shares during the period. HighTower Advisors LLC increased its stake in shares of Crocs by 7.8% in the first quarter. HighTower Advisors LLC now owns 7,650 shares of the textile maker’s stock worth $812,000 after purchasing an additional 556 shares during the period. Russell Investments Group Ltd. lifted its position in shares of Crocs by 47.3% during the 1st quarter. Russell Investments Group Ltd. now owns 40,027 shares of the textile maker’s stock worth $4,251,000 after purchasing an additional 12,855 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Crocs by 42.3% during the 1st quarter. American Century Companies Inc. now owns 239,395 shares of the textile maker’s stock worth $25,424,000 after purchasing an additional 71,109 shares during the last quarter. Finally, Brooklyn Investment Group bought a new stake in Crocs during the 1st quarter valued at approximately $40,000. 93.44% of the stock is currently owned by institutional investors.

About Crocs

(Get Free Report)

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.

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