Crocs (NASDAQ:CROX) Trading Down 5.3% – Should You Sell?

Crocs, Inc. (NASDAQ:CROX)’s stock price dropped 5.3% on Monday . The company traded as low as $84.71 and last traded at $84.97. Approximately 209,321 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 1,815,415 shares. The stock had previously closed at $89.70.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on CROX shares. Citigroup lowered shares of Crocs to a “negative” rating in a report on Tuesday, October 7th. Stifel Nicolaus increased their price target on shares of Crocs from $85.00 to $90.00 and gave the company a “hold” rating in a research note on Friday, October 31st. UBS Group reissued a “neutral” rating and issued a $85.00 price target on shares of Crocs in a report on Friday, December 5th. Needham & Company LLC restated a “buy” rating and issued a $100.00 price objective on shares of Crocs in a research report on Friday, December 5th. Finally, Barclays increased their price objective on Crocs from $81.00 to $86.00 and gave the company an “equal weight” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $103.42.

Crocs Trading Up 1.7%

The business has a 50 day moving average of $82.04 and a 200 day moving average of $90.06. The firm has a market capitalization of $4.53 billion, a price-to-earnings ratio of 28.39 and a beta of 1.54. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.40 and a quick ratio of 0.83.

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. The firm had revenue of $996.30 million for the quarter, compared to analyst estimates of $960.14 million. Crocs had a return on equity of 43.14% and a net margin of 4.48%.The company’s quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.60 earnings per share. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. As a group, research analysts predict that Crocs, Inc. will post 13.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director John B. Replogle bought 3,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were bought at an average cost of $74.50 per share, for a total transaction of $223,500.00. Following the completion of the acquisition, the director owned 18,417 shares in the company, valued at approximately $1,372,066.50. This trade represents a 19.46% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Crocs

Several institutional investors and hedge funds have recently made changes to their positions in CROX. Boston Partners raised its stake in Crocs by 2,659.1% during the 2nd quarter. Boston Partners now owns 1,688,383 shares of the textile maker’s stock worth $171,003,000 after buying an additional 1,627,190 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Crocs by 4.9% in the third quarter. Dimensional Fund Advisors LP now owns 1,435,466 shares of the textile maker’s stock worth $119,933,000 after acquiring an additional 67,216 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its position in shares of Crocs by 4.1% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,362,318 shares of the textile maker’s stock worth $144,678,000 after purchasing an additional 53,916 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Crocs by 399.0% during the 3rd quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after purchasing an additional 1,012,943 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of Crocs by 5.8% during the 2nd quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker’s stock valued at $119,551,000 after purchasing an additional 64,672 shares in the last quarter. 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.