Crocs (NASDAQ:CROX) Price Target Raised to $97.00

Crocs (NASDAQ:CROXGet Free Report) had its price target lifted by UBS Group from $85.00 to $97.00 in a note issued to investors on Friday,MarketScreener reports. The firm presently has a “neutral” rating on the textile maker’s stock. UBS Group’s price objective points to a potential upside of 0.12% from the stock’s previous close.

A number of other research firms have also recently commented on CROX. Barclays lifted their target price on shares of Crocs from $86.00 to $109.00 and gave the stock an “equal weight” rating in a research note on Friday. Zacks Research downgraded shares of Crocs from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. KeyCorp reissued a “sector weight” rating on shares of Crocs in a report on Thursday, January 22nd. Needham & Company LLC raised their target price on Crocs from $100.00 to $118.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Bank of America lowered their price target on Crocs from $99.00 to $98.00 and set a “buy” rating for the company in a research report on Tuesday, October 21st. Four equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $105.18.

Read Our Latest Research Report on CROX

Crocs Stock Down 1.6%

Crocs stock opened at $96.88 on Friday. Crocs has a 1-year low of $73.21 and a 1-year high of $122.84. The business has a fifty day moving average price of $86.81 and a 200-day moving average price of $84.70. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.27 and a quick ratio of 0.83. The stock has a market capitalization of $5.03 billion, a price-to-earnings ratio of -76.89 and a beta of 1.56.

Crocs (NASDAQ:CROXGet Free Report) last released its quarterly earnings results on Thursday, February 12th. The textile maker reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $0.37. The company had revenue of $957.64 million during the quarter, compared to analysts’ expectations of $916.16 million. Crocs had a positive return on equity of 45.17% and a negative net margin of 2.01%.The firm’s revenue was down 3.3% compared to the same quarter last year. During the same period last year, the business posted $2.52 earnings per share. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. Equities research analysts forecast that Crocs will post 13.2 EPS for the current fiscal year.

Institutional Investors Weigh In On Crocs

Several hedge funds have recently added to or reduced their stakes in CROX. Torren Management LLC purchased a new position in shares of Crocs during the 4th quarter valued at about $39,000. Parallel Advisors LLC grew its holdings in Crocs by 60.2% during the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after acquiring an additional 186 shares during the period. Allworth Financial LP grew its holdings in Crocs by 120.7% during the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after acquiring an additional 245 shares during the period. FNY Investment Advisers LLC purchased a new position in Crocs during the third quarter valued at approximately $48,000. Finally, Employees Retirement System of Texas acquired a new position in Crocs in the second quarter valued at approximately $49,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Key Crocs News

Here are the key news stories impacting Crocs this week:

About Crocs

(Get Free Report)

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.

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Analyst Recommendations for Crocs (NASDAQ:CROX)

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