Crocs, Inc. (NASDAQ:CROX – Get Free Report) has been given an average recommendation of “Moderate Buy” by the sixteen analysts that are presently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $146.47.
A number of research firms have recently commented on CROX. Barclays dropped their target price on shares of Crocs from $164.00 to $125.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Guggenheim cut their target price on Crocs from $155.00 to $150.00 and set a “buy” rating on the stock in a report on Monday. Needham & Company LLC began coverage on shares of Crocs in a report on Friday, November 22nd. They set a “buy” rating and a $116.00 price objective on the stock. Raymond James cut Crocs from an “outperform” rating to a “market perform” rating in a research note on Wednesday, October 30th. Finally, Loop Capital cut Crocs from a “buy” rating to a “hold” rating and decreased their price target for the company from $150.00 to $110.00 in a research report on Thursday, November 7th.
Get Our Latest Stock Analysis on Crocs
Insider Buying and Selling at Crocs
Hedge Funds Weigh In On Crocs
Hedge funds have recently bought and sold shares of the business. Financial Management Professionals Inc. boosted its position in Crocs by 11,200.0% during the third quarter. Financial Management Professionals Inc. now owns 226 shares of the textile maker’s stock worth $33,000 after purchasing an additional 224 shares in the last quarter. UMB Bank n.a. increased its stake in Crocs by 64.9% during the third quarter. UMB Bank n.a. now owns 305 shares of the textile maker’s stock worth $44,000 after acquiring an additional 120 shares during the last quarter. V Square Quantitative Management LLC increased its stake in Crocs by 83.0% during the third quarter. V Square Quantitative Management LLC now owns 313 shares of the textile maker’s stock worth $45,000 after acquiring an additional 142 shares during the last quarter. Avior Wealth Management LLC increased its stake in Crocs by 109.5% during the third quarter. Avior Wealth Management LLC now owns 398 shares of the textile maker’s stock worth $58,000 after acquiring an additional 208 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in Crocs during the third quarter worth $73,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.
Crocs Stock Performance
CROX opened at $96.74 on Thursday. The business has a 50 day moving average of $107.82 and a 200-day moving average of $121.44. The stock has a market cap of $5.64 billion, a price-to-earnings ratio of 7.02, a PEG ratio of 1.78 and a beta of 1.95. Crocs has a 12-month low of $94.50 and a 12-month high of $165.32. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.82.
Crocs Company Profile
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.
Read More
- Five stocks we like better than Crocs
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- How to Invest in Small Cap Stocks
- What is a Dividend King?
- These Are the Dividend Stocks Insiders Bought in January
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- How the ‘No Buy’ Trend of 2025 Is Boosting These 3 Stocks
Receive News & Ratings for Crocs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crocs and related companies with MarketBeat.com's FREE daily email newsletter.