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

Crocs, Inc. (NASDAQ:CROXGet Free Report) has earned an average recommendation of “Hold” from the sixteen ratings firms that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $103.4167.

CROX has been the topic of a number of research analyst reports. Weiss Ratings cut shares of Crocs from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, February 23rd. Williams Trading raised Crocs from a “sell” rating to a “hold” rating and set a $84.00 price target on the stock in a research report on Thursday, March 12th. Monness Crespi & Hardt upped their price objective on Crocs from $100.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, February 13th. BTIG Research initiated coverage on Crocs in a research report on Tuesday, March 10th. They issued a “neutral” rating for the company. Finally, Zacks Research cut Crocs from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th.

Get Our Latest Stock Report on CROX

Crocs Price Performance

Shares of CROX opened at $80.00 on Tuesday. The company has a current ratio of 1.27, a quick ratio of 0.74 and a debt-to-equity ratio of 0.95. The company’s fifty day simple moving average is $85.94 and its 200 day simple moving average is $84.28. Crocs has a 1-year low of $73.21 and a 1-year high of $122.84. The company has a market cap of $4.02 billion, a price-to-earnings ratio of -63.49, a PEG ratio of 0.92 and a beta of 1.54.

Crocs (NASDAQ:CROXGet Free Report) last announced its quarterly earnings results on Thursday, February 12th. The textile maker reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $0.37. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. The firm had revenue of $957.64 million during the quarter, compared to analysts’ expectations of $916.16 million. During the same quarter last year, the company posted $2.52 earnings per share. The company’s revenue for the quarter was down 3.3% compared to the same quarter last year. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. On average, research analysts forecast that Crocs will post 13.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Crocs news, EVP Anne Mehlman sold 12,145 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $100.06, for a total transaction of $1,215,228.70. Following the completion of the sale, the executive vice president owned 131,112 shares of the company’s stock, valued at $13,119,066.72. This trade represents a 8.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.72% of the company’s stock.

Hedge Funds Weigh In On Crocs

Several institutional investors and hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC boosted its holdings in shares of Crocs by 1.1% during the second quarter. NewEdge Advisors LLC now owns 10,710 shares of the textile maker’s stock worth $1,085,000 after acquiring an additional 120 shares during the period. Quadrant Capital Group LLC grew its position in shares of Crocs by 3.3% in the second quarter. Quadrant Capital Group LLC now owns 5,162 shares of the textile maker’s stock valued at $523,000 after purchasing an additional 166 shares during the last quarter. L2 Asset Management LLC increased its stake in shares of Crocs by 5.4% during the fourth quarter. L2 Asset Management LLC now owns 3,319 shares of the textile maker’s stock worth $284,000 after purchasing an additional 169 shares during the period. Anchor Capital Advisors LLC increased its stake in shares of Crocs by 2.8% during the third quarter. Anchor Capital Advisors LLC now owns 6,679 shares of the textile maker’s stock worth $558,000 after purchasing an additional 180 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in Crocs by 60.2% during the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after purchasing an additional 186 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

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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Analyst Recommendations for Crocs (NASDAQ:CROX)

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