Crocs (NASDAQ:CROX) Reaches New 12-Month Low – Here’s What Happened

Crocs, Inc. (NASDAQ:CROX)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $73.21 and last traded at $77.1540, with a volume of 428022 shares traded. The stock had previously closed at $73.39.

Analyst Ratings Changes

Several research firms have recently weighed in on CROX. Weiss Ratings lowered shares of Crocs from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday. UBS Group dropped their price target on shares of Crocs from $110.00 to $85.00 and set a “neutral” rating on the stock in a research report on Monday, August 11th. Piper Sandler cut shares of Crocs from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $95.00 to $75.00 in a report on Monday, September 22nd. Citigroup lowered shares of Crocs to a “negative” rating in a research note on Tuesday, October 7th. Finally, Bank of America dropped their target price on Crocs from $99.00 to $98.00 and set a “buy” rating on the stock in a research report on Tuesday, October 21st. Seven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Crocs presently has a consensus rating of “Hold” and a consensus price target of $103.42.

Crocs Trading Up 6.1%

The company has a 50 day simple moving average of $80.87 and a 200 day simple moving average of $93.16. The company has a market capitalization of $4.04 billion, a PE ratio of 20.87, a price-to-earnings-growth ratio of 1.97 and a beta of 1.51. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.97 and a current ratio of 1.54.

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

Insider Activity at Crocs

In other Crocs news, Director John B. Replogle purchased 3,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were purchased at an average cost of $74.50 per share, with a total value of $223,500.00. Following the completion of the purchase, the director owned 18,417 shares in the company, valued at approximately $1,372,066.50. This represents a 19.46% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 3.00% of the stock is owned by company insiders.

Institutional Trading of Crocs

Hedge funds have recently bought and sold shares of the business. Lisanti Capital Growth LLC acquired a new stake in shares of Crocs in the 2nd quarter worth $3,138,000. Motley Fool Wealth Management LLC grew its holdings in shares of Crocs by 82.6% in the first quarter. Motley Fool Wealth Management LLC now owns 101,978 shares of the textile maker’s stock valued at $10,830,000 after purchasing an additional 46,124 shares during the period. Entropy Technologies LP purchased a new stake in shares of Crocs in the first quarter valued at about $905,000. Intech Investment Management LLC increased its position in Crocs by 60.4% during the first quarter. Intech Investment Management LLC now owns 49,641 shares of the textile maker’s stock worth $5,272,000 after purchasing an additional 18,697 shares during the last quarter. Finally, Baird Financial Group Inc. raised its stake in Crocs by 4.8% during the first quarter. Baird Financial Group Inc. now owns 251,230 shares of the textile maker’s stock worth $26,681,000 after purchasing an additional 11,397 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

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.