Crocs, Inc. (NASDAQ:CROX – Free Report) – Seaport Res Ptn cut their FY2025 earnings per share (EPS) estimates for shares of Crocs in a research note issued to investors on Wednesday, February 5th. Seaport Res Ptn analyst M. Kummetz now forecasts that the textile maker will post earnings per share of $12.70 for the year, down from their previous estimate of $12.91. The consensus estimate for Crocs’ current full-year earnings is $12.92 per share. Seaport Res Ptn also issued estimates for Crocs’ FY2026 earnings at $13.67 EPS and FY2027 earnings at $14.62 EPS.
Several other equities research analysts also recently commented on the stock. Guggenheim reduced their target price on shares of Crocs from $155.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday. KeyCorp decreased their price objective on shares of Crocs from $150.00 to $120.00 and set an “overweight” rating on the stock in a research note on Thursday, January 23rd. UBS Group cut their target price on shares of Crocs from $146.00 to $122.00 and set a “neutral” rating for the company in a research note on Wednesday, October 30th. StockNews.com cut Crocs from a “buy” rating to a “hold” rating in a report on Saturday, January 11th. Finally, Robert W. Baird cut their price target on Crocs from $190.00 to $180.00 and set an “outperform” rating for the company in a report on Wednesday, October 30th. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $146.47.
Crocs Stock Performance
NASDAQ:CROX opened at $95.52 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.82. The firm has a 50-day moving average price of $107.31 and a 200 day moving average price of $120.84. The firm has a market capitalization of $5.57 billion, a PE ratio of 6.93, a price-to-earnings-growth ratio of 1.78 and a beta of 1.93. Crocs has a 12-month low of $95.05 and a 12-month high of $165.32.
Institutional Trading of Crocs
Large investors have recently bought and sold shares of the business. Creative Planning increased its position in shares of Crocs by 13.2% during the second quarter. Creative Planning now owns 5,006 shares of the textile maker’s stock worth $731,000 after acquiring an additional 582 shares in the last quarter. Cetera Investment Advisers increased its holdings in Crocs by 46.6% during the 2nd quarter. Cetera Investment Advisers now owns 13,073 shares of the textile maker’s stock worth $1,908,000 after purchasing an additional 4,158 shares in the last quarter. Handelsbanken Fonder AB raised its stake in shares of Crocs by 17.3% in the 3rd quarter. Handelsbanken Fonder AB now owns 16,300 shares of the textile maker’s stock valued at $2,360,000 after purchasing an additional 2,400 shares during the period. UMB Bank n.a. lifted its holdings in shares of Crocs by 64.9% in the third quarter. UMB Bank n.a. now owns 305 shares of the textile maker’s stock valued at $44,000 after purchasing an additional 120 shares in the last quarter. Finally, Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of Crocs by 25.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 17,500 shares of the textile maker’s stock worth $2,532,000 after buying an additional 3,500 shares during the period. 93.44% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other Crocs news, CFO Susan L. Healy purchased 1,000 shares of the company’s stock in a transaction dated Wednesday, November 13th. The shares were bought at an average price of $99.70 per share, with a total value of $99,700.00. Following the completion of the transaction, the chief financial officer now directly owns 22,652 shares in the company, valued at $2,258,404.40. This trade represents a 4.62 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.72% of the company’s stock.
About Crocs
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.
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