LSV Asset Management Raises Stock Position in Crocs, Inc. $CROX

LSV Asset Management raised its stake in shares of Crocs, Inc. (NASDAQ:CROX) by 33.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,474,037 shares of the textile maker’s stock after purchasing an additional 366,537 shares during the quarter. LSV Asset Management owned approximately 2.84% of Crocs worth $126,060,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Torren Management LLC purchased a new position in Crocs during the 4th quarter valued at $39,000. Parallel Advisors LLC increased its position in Crocs by 60.2% during the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after purchasing an additional 186 shares during the period. FNY Investment Advisers LLC purchased a new position in Crocs during the 3rd quarter valued at $48,000. IMA Advisory Services Inc. increased its position in Crocs by 72.7% during the 3rd quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker’s stock valued at $54,000 after purchasing an additional 272 shares during the period. Finally, National Bank of Canada FI increased its position in Crocs by 597.3% during the 3rd quarter. National Bank of Canada FI now owns 774 shares of the textile maker’s stock valued at $65,000 after purchasing an additional 663 shares during the period. 93.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CROX shares. The Goldman Sachs Group boosted their price objective on shares of Crocs from $71.00 to $81.00 and gave the company a “sell” rating in a research report on Friday, February 13th. Robert W. Baird set a $110.00 price objective on shares of Crocs in a research report on Friday, February 13th. UBS Group boosted their price objective on shares of Crocs from $97.00 to $107.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Stifel Nicolaus boosted their price objective on shares of Crocs from $90.00 to $99.00 and gave the company a “hold” rating in a research report on Friday, February 13th. Finally, BTIG Research began coverage on shares of Crocs in a research report on Tuesday, March 10th. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $103.73.

Crocs Stock Performance

Shares of Crocs stock opened at $110.44 on Friday. The stock has a market cap of $5.49 billion, a price-to-earnings ratio of -80.03, a PEG ratio of 1.08 and a beta of 1.54. The firm’s 50-day moving average is $94.25 and its 200 day moving average is $88.89. Crocs, Inc. has a 1 year low of $73.21 and a 1 year high of $113.16. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.67 and a quick ratio of 1.04.

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

About Crocs

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.