Crocs, Inc. (NASDAQ:CROX) Given Consensus Recommendation of “Moderate Buy” by Analysts

Crocs, Inc. (NASDAQ:CROX) has been given an average recommendation of “Moderate Buy” by the twenty analysts that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, six have given a hold recommendation, eleven have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $125.00.

CROX has been the topic of several analyst reports. Weiss Ratings restated a “sell (d+)” rating on shares of Crocs in a report on Monday, July 6th. Williams Trading set a $150.00 target price on shares of Crocs in a research report on Tuesday, June 9th. Wedbush initiated coverage on Crocs in a research note on Monday, June 8th. They issued an “outperform” rating on the stock. Bank of America raised their target price on Crocs from $125.00 to $145.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Finally, Scotiabank began coverage on Crocs in a research note on Monday, June 8th. They set an “outperform” rating on the stock.

Insider Transactions at Crocs

In related news, CEO Andrew Rees sold 32,688 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the completion of the sale, the chief executive officer owned 743,293 shares in the company, valued at approximately $87,775,470.37. This trade represents a 4.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On Crocs

Several large investors have recently modified their holdings of the stock. Step Capital Management Pte. Ltd. purchased a new stake in Crocs in the fourth quarter worth $1,710,000. Marshall Financial Group LLC bought a new stake in shares of Crocs in the fourth quarter valued at $1,237,000. MH & Associates Securities Management Corp ADV purchased a new position in shares of Crocs during the 4th quarter valued at $1,736,000. Brevan Howard Capital Management LP lifted its position in shares of Crocs by 41.6% during the 3rd quarter. Brevan Howard Capital Management LP now owns 44,212 shares of the textile maker’s stock valued at $3,694,000 after buying an additional 12,995 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Crocs by 92.3% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 29,982 shares of the textile maker’s stock worth $2,564,000 after acquiring an additional 14,393 shares during the period. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Crocs Trading Up 1.7%

Shares of Crocs stock opened at $133.37 on Thursday. The company has a market capitalization of $6.63 billion, a P/E ratio of -96.64, a price-to-earnings-growth ratio of 1.36 and a beta of 1.55. The stock has a fifty day simple moving average of $118.04 and a 200 day simple moving average of $99.51. Crocs has a 12-month low of $73.21 and a 12-month high of $135.49. 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 (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.78 by $0.21. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The firm had revenue of $921.46 million for the quarter, compared to the consensus estimate of $900.57 million. During the same period in the previous year, the firm earned $3.00 EPS. The business’s revenue for the quarter was down 1.7% compared to the same quarter last year. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. On average, sell-side analysts anticipate that Crocs will post 13.67 earnings per share 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.