Crocs, Inc. (NASDAQ:CROX) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Crocs, Inc. (NASDAQ:CROX) have been assigned a consensus rating of “Moderate Buy” from the twenty research firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $120.00.

CROX has been the subject of a number of analyst reports. Williams Trading set a $150.00 price objective on shares of Crocs in a research note on Tuesday, June 9th. Wells Fargo & Company began coverage on shares of Crocs in a research report on Monday, June 8th. They set a “buy” rating on the stock. Scotiabank began coverage on shares of Crocs in a research report on Monday, June 8th. They set an “outperform” rating on the stock. Seaport Research Partners raised shares of Crocs from a “neutral” rating to a “buy” rating and set a $135.00 target price on the stock in a research report on Tuesday, April 14th. Finally, Bank of America boosted their target price on shares of Crocs from $125.00 to $145.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd.

Crocs Price Performance

Shares of Crocs stock opened at $125.05 on Friday. The firm has a fifty day simple moving average of $110.05 and a 200-day simple moving average of $94.80. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93. Crocs has a 1-year low of $73.21 and a 1-year high of $129.79. The stock has a market capitalization of $6.21 billion, a price-to-earnings ratio of -90.62, a PEG ratio of 1.29 and a beta of 1.57.

Crocs (NASDAQ:CROX) last issued its quarterly earnings data on Thursday, April 30th. The textile maker reported $2.99 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.21. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The business had revenue of $921.46 million during the quarter, compared to analysts’ expectations of $900.57 million. During the same period in the previous year, the company earned $3.00 earnings per share. Crocs’s revenue for the quarter was down 1.7% on a year-over-year basis. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. On average, sell-side analysts expect that Crocs will post 13.67 earnings per share for the current year.

Insider Transactions at Crocs

In related news, CEO Andrew Rees sold 32,688 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the transaction, the chief executive officer owned 743,293 shares of the company’s stock, valued at approximately $87,775,470.37. The trade was a 4.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 3.10% of the company’s stock.

Hedge Funds Weigh In On Crocs

Institutional investors and hedge funds have recently bought and sold shares of the stock. Root Financial Partners LLC increased its position in Crocs by 96.3% during the first quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock worth $27,000 after acquiring an additional 157 shares during the period. Torren Management LLC bought a new position in Crocs during the fourth quarter worth $39,000. Parallel Advisors LLC increased its position 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. FNY Investment Advisers LLC bought a new position in Crocs during the third quarter worth $48,000. Finally, IMA Advisory Services Inc. increased its holdings in Crocs by 72.7% in the 3rd quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker’s stock valued at $54,000 after buying an additional 272 shares during the period. Institutional investors own 93.44% of the company’s stock.

Crocs Company Profile

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.