Monness Crespi & Hardt Forecasts Strong Price Appreciation for Crocs (NASDAQ:CROX) Stock

Crocs (NASDAQ:CROXGet Free Report) had its target price hoisted by equities researchers at Monness Crespi & Hardt from $100.00 to $130.00 in a research note issued on Friday, Marketbeat reports. The firm currently has a “buy” rating on the textile maker’s stock. Monness Crespi & Hardt’s target price would suggest a potential upside of 34.19% from the company’s current price.

A number of other research firms have also commented on CROX. KeyCorp reaffirmed a “sector weight” rating on shares of Crocs in a report on Thursday, January 22nd. Stifel Nicolaus increased their price objective on Crocs from $85.00 to $90.00 and gave the stock a “hold” rating in a report on Friday, October 31st. Barclays raised their target price on Crocs from $81.00 to $86.00 and gave the stock an “equal weight” rating in a research note on Friday, October 31st. Wall Street Zen cut Crocs from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Finally, UBS Group restated a “neutral” rating on shares of Crocs in a research report on Tuesday, February 3rd. Four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Crocs has an average rating of “Hold” and an average price target of $105.18.

Check Out Our Latest Stock Report on Crocs

Crocs Price Performance

NASDAQ CROX opened at $96.88 on Friday. The company has a quick ratio of 0.83, a current ratio of 1.27 and a debt-to-equity ratio of 0.95. The company has a market cap of $5.03 billion, a PE ratio of -76.89 and a beta of 1.56. Crocs has a 52 week low of $73.21 and a 52 week high of $122.84. The firm’s 50-day simple moving average is $86.81 and its two-hundred day simple moving average is $84.56.

Crocs (NASDAQ:CROXGet Free Report) last posted its quarterly earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.92 by $0.37. The company had revenue of $957.64 million for the quarter, compared to analyst estimates of $916.16 million. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Research analysts predict that Crocs will post 13.2 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Lisanti Capital Growth LLC bought a new position in Crocs during the 2nd quarter valued at about $3,138,000. Fort Washington Investment Advisors Inc. OH lifted its position in Crocs by 20.1% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 221,091 shares of the textile maker’s stock valued at $18,472,000 after purchasing an additional 36,951 shares during the period. Voss Capital LP purchased a new stake in Crocs in the second quarter worth approximately $40,765,000. AlphaQuest LLC grew its position in Crocs by 9,436.6% in the 2nd quarter. AlphaQuest LLC now owns 7,820 shares of the textile maker’s stock worth $792,000 after purchasing an additional 7,738 shares during the period. Finally, King Luther Capital Management Corp grew its position in Crocs by 18.2% in the 2nd quarter. King Luther Capital Management Corp now owns 42,051 shares of the textile maker’s stock worth $4,259,000 after purchasing an additional 6,479 shares during the period. 93.44% of the stock is currently owned by institutional investors.

Key Stories Impacting Crocs

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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