Crocs, Inc. (NASDAQ:CROX)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $13.35 and last traded at $12.20, with a volume of 1893000 shares trading hands. The stock had previously closed at $12.70.

CROX has been the subject of a number of analyst reports. BidaskClub lowered shares of Crocs from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 4th. Stifel Nicolaus upgraded shares of Crocs from a “hold” rating to a “buy” rating in a research report on Friday, December 15th. Zacks Investment Research upgraded shares of Crocs from a “sell” rating to a “buy” rating and set a $15.00 price objective for the company in a research report on Tuesday. ValuEngine upgraded shares of Crocs from a “sell” rating to a “hold” rating in a research report on Monday, November 13th. Finally, Pivotal Research initiated coverage on shares of Crocs in a research report on Thursday, October 5th. They issued a “hold” rating and a $9.50 price objective for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $10.08.

The firm has a market capitalization of $940.52, a PE ratio of -43.55, a P/E/G ratio of 2.96 and a beta of 0.43.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Barrow Hanley Mewhinney & Strauss LLC raised its stake in Crocs by 2,686.1% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 208,456 shares of the textile maker’s stock valued at $2,022,000 after purchasing an additional 200,974 shares in the last quarter. Neuberger Berman Group LLC raised its stake in Crocs by 4.9% in the third quarter. Neuberger Berman Group LLC now owns 1,531,410 shares of the textile maker’s stock valued at $14,855,000 after purchasing an additional 71,420 shares in the last quarter. Cubist Systematic Strategies LLC raised its stake in Crocs by 197.6% in the third quarter. Cubist Systematic Strategies LLC now owns 31,249 shares of the textile maker’s stock valued at $303,000 after purchasing an additional 20,750 shares in the last quarter. OxFORD Asset Management LLP raised its stake in Crocs by 216.8% in the third quarter. OxFORD Asset Management LLP now owns 369,947 shares of the textile maker’s stock valued at $3,606,000 after purchasing an additional 253,160 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ raised its stake in Crocs by 24.0% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 1,399,970 shares of the textile maker’s stock valued at $13,580,000 after purchasing an additional 271,391 shares in the last quarter. 91.94% of the stock is currently owned by institutional investors and hedge funds.

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Crocs Company Profile

Crocs, Inc is engaged in the design, development, manufacturing, marketing, distribution and sale of casual lifestyle footwear and accessories for men, women, and children. The Company’s segments include Americas, Asia Pacific and Europe. Its products include footwear and accessories that utilize its closed-cell resin, called Croslite, as well as casual lifestyle footwear that use a range of materials.

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