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

Shares of Crocs, Inc. (NASDAQ:CROX) have received an average rating of “Moderate Buy” from the twenty analysts that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $139.10.

A number of research firms have recently weighed in on CROX. UBS Group raised their price target on shares of Crocs from $107.00 to $120.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Needham & Company LLC upped their price target on shares of Crocs from $132.00 to $150.00 and gave the company a “buy” rating in a report on Friday, July 24th. Weiss Ratings upgraded shares of Crocs from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, July 31st. Royal Bank Of Canada began coverage on shares of Crocs in a report on Monday, June 8th. They set an “overweight” rating for the company. Finally, Robert W. Baird set a $163.00 target price on shares of Crocs in a research report on Friday, July 31st.

Crocs Stock Performance

Shares of CROX opened at $136.62 on Monday. The company has a market capitalization of $6.55 billion, a P/E ratio of 11.81, a P/E/G ratio of 1.13 and a beta of 1.53. Crocs has a one year low of $73.21 and a one year high of $141.28. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.96 and a current ratio of 1.49. The stock has a 50-day moving average price of $127.90 and a 200 day moving average price of $105.35.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, July 30th. The textile maker reported $4.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.35 by $0.20. Crocs had a return on equity of 47.75% and a net margin of 14.64%.The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the business earned ($8.82) EPS. Crocs’s revenue for the quarter was up 2.6% compared to the same quarter last year. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. Sell-side analysts forecast that Crocs will post 13.97 EPS for the current fiscal year.

Insider Activity at Crocs

In related news, CEO Andrew Rees sold 32,688 shares of Crocs stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $118.09, for a total value of $3,860,125.92. Following the completion of the transaction, the chief executive officer directly 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.10% of the company’s stock.

Institutional Trading of Crocs

Several hedge funds and other institutional investors have recently bought and sold shares of CROX. Foster & Motley Inc. acquired a new stake in Crocs during the second quarter valued at approximately $502,000. BlackRock Inc. acquired a new position in shares of Crocs in the 2nd quarter worth approximately $561,223,000. Deutsche Bank AG acquired a new position in shares of Crocs in the 2nd quarter worth approximately $823,000. Persistent Asset Partners Ltd bought a new stake in shares of Crocs in the 2nd quarter valued at approximately $55,000. Finally, Baxter Bros Inc. bought a new stake in shares of Crocs in the 2nd quarter valued at approximately $361,000. 93.44% of the stock is owned by institutional investors.

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.