Crocs, Inc. (NASDAQ:CROX – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the twenty ratings firms that are currently covering the stock, MarketBeat.com reports. Two 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 1-year price target among analysts that have covered the stock in the last year is $139.10.
A number of analysts recently issued reports on the stock. Monness Crespi & Hardt increased their target price on shares of Crocs from $130.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Seaport Research Partners lifted their price target on shares of Crocs from $135.00 to $160.00 and gave the company a “buy” rating in a research report on Monday, July 20th. Stifel Nicolaus boosted their price objective on shares of Crocs from $105.00 to $125.00 and gave the stock a “hold” rating in a research note on Monday, June 15th. Williams Trading set a $150.00 price objective on shares of Crocs in a research report on Tuesday, June 9th. Finally, Barclays raised their target price on shares of Crocs from $110.00 to $118.00 and gave the company an “equal weight” rating in a research note on Friday, July 31st.
Read Our Latest Stock Report on Crocs
Crocs Price Performance
Crocs (NASDAQ:CROX – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The textile maker reported $4.55 EPS for the quarter, topping analysts’ consensus estimates of $4.35 by $0.20. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.15 billion. Crocs had a return on equity of 47.75% and a net margin of 14.64%.The company’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period last year, the business posted ($8.82) EPS. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. As a group, research analysts predict that Crocs will post 13.95 EPS for the current year.
Insider Transactions at Crocs
In related news, CEO Andrew Rees sold 19,072 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $138.91, for a total value of $2,649,291.52. Following the completion of the sale, the chief executive officer directly owned 713,293 shares in the company, valued at approximately $99,083,530.63. This represents a 2.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders sold 62,688 shares of company stock valued at $8,014,859. 3.10% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Root Financial Partners LLC grew its stake in shares of Crocs by 96.3% in the first quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock valued at $27,000 after buying an additional 157 shares in the last quarter. Torren Management LLC acquired a new position in Crocs during the 4th quarter worth approximately $39,000. Parallel Advisors LLC boosted its holdings in Crocs by 60.2% in the 3rd 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. Global Retirement Partners LLC acquired a new stake in Crocs in the second quarter valued at approximately $42,000. Finally, Allworth Financial LP acquired a new stake in Crocs in the second quarter valued at approximately $53,000. Institutional investors and hedge funds 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.
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