Crocs (NASDAQ:CROX) Price Target Raised to $100.00

Crocs (NASDAQ:CROX) had its target price hoisted by Monness Crespi & Hardt from $92.00 to $100.00 in a research note published on Friday morning, MarketBeat reports. They currently have a buy rating on the textile maker’s stock.

A number of other research firms also recently issued reports on CROX. Bank of America cut their price objective on shares of Crocs from $99.00 to $98.00 and set a “buy” rating for the company in a report on Tuesday, October 21st. Barclays boosted their target price on shares of Crocs from $81.00 to $86.00 and gave the company an “equal weight” rating in a research report on Friday. Stifel Nicolaus restated a “hold” rating and issued a $85.00 target price (down from $127.00) on shares of Crocs in a research report on Friday, August 8th. Weiss Ratings cut shares of Crocs from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 24th. Finally, UBS Group dropped their target price on shares of Crocs from $110.00 to $85.00 and set a “neutral” rating for the company in a research report on Monday, August 11th. Seven investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $103.42.

Crocs Stock Performance

NASDAQ CROX opened at $81.69 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.54 and a debt-to-equity ratio of 0.97. The company has a market capitalization of $4.46 billion, a P/E ratio of 21.90, a P/E/G ratio of 1.97 and a beta of 1.43. Crocs has a 12-month low of $73.76 and a 12-month high of $122.84. The firm has a 50-day moving average price of $82.94 and a two-hundred day moving average price of $94.41.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, October 30th. The textile maker reported $2.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.56. The firm had revenue of $996.30 million during the quarter, compared to the consensus estimate of $960.14 million. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The business’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.60 EPS. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. Analysts anticipate that Crocs will post 13.2 earnings per share for the current year.

Insider Buying and Selling

In related news, Director John B. Replogle acquired 3,261 shares of the stock in a transaction that occurred on Friday, August 8th. The stock was acquired at an average cost of $76.69 per share, for a total transaction of $250,086.09. Following the transaction, the director directly owned 15,417 shares in the company, valued at $1,182,329.73. This trade represents a 26.83% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Susan L. Healy acquired 2,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The shares were bought at an average price of $76.56 per share, with a total value of $153,120.00. Following the completion of the transaction, the executive vice president owned 50,078 shares in the company, valued at $3,833,971.68. This represents a 4.16% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 3.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Crocs

Institutional investors have recently added to or reduced their stakes in the stock. Costello Asset Management INC acquired a new position in Crocs during the 1st quarter worth approximately $32,000. Larson Financial Group LLC increased its position in Crocs by 541.8% in the 1st quarter. Larson Financial Group LLC now owns 353 shares of the textile maker’s stock valued at $37,000 after acquiring an additional 298 shares during the period. IMA Advisory Services Inc. acquired a new position in Crocs in the 1st quarter valued at approximately $40,000. Brooklyn Investment Group acquired a new position in Crocs in the 1st quarter valued at approximately $40,000. Finally, Allworth Financial LP increased its position in Crocs by 120.7% in the 2nd quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 245 shares during the period. 93.44% of the stock is currently owned by institutional investors and hedge funds.

Crocs Company Profile

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.