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

Crocs, Inc. (NASDAQ:CROX) has received a consensus recommendation of “Hold” from the sixteen research firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $99.25.

Several brokerages recently issued reports on CROX. Piper Sandler lowered shares of Crocs from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $95.00 to $75.00 in a report on Monday, September 22nd. Robert W. Baird reaffirmed a “neutral” rating and set a $100.00 target price on shares of Crocs in a research report on Wednesday, January 7th. Barclays boosted their price target on Crocs from $81.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Friday, October 31st. Weiss Ratings upgraded Crocs from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. Finally, Zacks Research lowered Crocs from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th.

Insider Buying and Selling

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

Hedge Funds Weigh In On Crocs

Several hedge funds have recently modified their holdings of the stock. Lisanti Capital Growth LLC acquired a new position in Crocs during the second quarter worth approximately $3,138,000. Fort Washington Investment Advisors Inc. OH grew its stake in shares of Crocs by 20.1% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 221,091 shares of the textile maker’s stock valued at $18,472,000 after buying an additional 36,951 shares during the period. Voya Investment Management LLC increased its holdings in shares of Crocs by 45.9% during the 1st quarter. Voya Investment Management LLC now owns 53,240 shares of the textile maker’s stock worth $5,654,000 after buying an additional 16,753 shares during the last quarter. Voss Capital LP acquired a new stake in shares of Crocs during the 2nd quarter worth $40,765,000. Finally, Lecap Asset Management Ltd. purchased a new position in shares of Crocs in the 2nd quarter worth $1,044,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Crocs Stock Performance

CROX stock opened at $83.54 on Thursday. Crocs has a 1-year low of $73.21 and a 1-year high of $122.84. The business has a 50-day moving average price of $84.79 and a 200 day moving average price of $87.60. The company has a market capitalization of $4.34 billion, a P/E ratio of 27.21 and a beta of 1.54. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.40 and a quick ratio of 0.83.

Crocs (NASDAQ:CROX) last posted its earnings results on Thursday, October 30th. The textile maker reported $2.92 EPS for the quarter, beating 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 business had revenue of $996.30 million for the quarter, compared to the consensus estimate of $960.14 million. During the same quarter last year, the firm posted $3.60 EPS. The company’s revenue for the quarter was down 6.2% on a year-over-year basis. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. As a group, equities research analysts forecast that Crocs will post 13.2 EPS for the current fiscal year.

About Crocs

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.