Jefferies Financial Group Inc. Buys New Position in Crocs, Inc. $CROX

Jefferies Financial Group Inc. bought a new stake in shares of Crocs, Inc. (NASDAQ:CROX) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,780 shares of the textile maker’s stock, valued at approximately $409,000.

Several other hedge funds also recently modified their holdings of CROX. AQR Capital Management LLC boosted its position in shares of Crocs by 399.0% during the third quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after buying an additional 1,012,943 shares during the last quarter. Smead Capital Management Inc. purchased a new position in shares of Crocs during the third quarter valued at approximately $52,978,000. American Century Companies Inc. boosted its position in shares of Crocs by 144.4% during the third quarter. American Century Companies Inc. now owns 717,402 shares of the textile maker’s stock valued at $59,939,000 after buying an additional 423,817 shares during the last quarter. LSV Asset Management boosted its position in shares of Crocs by 33.1% during the fourth quarter. LSV Asset Management now owns 1,474,037 shares of the textile maker’s stock valued at $126,060,000 after buying an additional 366,537 shares during the last quarter. Finally, Voss Capital LP boosted its position in shares of Crocs by 65.2% during the third quarter. Voss Capital LP now owns 665,000 shares of the textile maker’s stock valued at $55,561,000 after buying an additional 262,500 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Crocs Stock Up 0.0%

CROX stock opened at $118.67 on Friday. The stock’s fifty day simple moving average is $98.01 and its two-hundred day simple moving average is $90.19. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93. Crocs, Inc. has a 1-year low of $73.21 and a 1-year high of $121.26. The stock has a market cap of $5.90 billion, a P/E ratio of -85.99, a P/E/G ratio of 1.16 and a beta of 1.54.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, April 30th. The textile maker reported $2.99 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.21. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.The business had revenue of $921.46 million for the quarter, compared to analysts’ expectations of $900.57 million. During the same quarter in the previous year, the firm earned $3.00 earnings per share. The business’s revenue was down 1.7% on a year-over-year basis. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. Analysts expect that Crocs, Inc. will post 13.67 EPS for the current year.

Wall Street Analyst Weigh In

CROX has been the topic of several analyst reports. Weiss Ratings cut Crocs from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, February 23rd. Robert W. Baird set a $110.00 target price on Crocs in a research report on Friday, February 13th. UBS Group lifted their target price on Crocs from $97.00 to $107.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. The Goldman Sachs Group boosted their price objective on Crocs from $71.00 to $81.00 and gave the stock a “sell” rating in a research report on Friday, February 13th. Finally, Stifel Nicolaus boosted their price objective on Crocs from $90.00 to $99.00 and gave the stock a “hold” rating in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $103.73.

Crocs Profile

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.