Brokerages Set Crocs, Inc. (NASDAQ:CROX) PT at $102.00

Shares of Crocs, Inc. (NASDAQ:CROX) have earned an average rating of “Hold” from the fifteen brokerages that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $102.00.

A number of equities research analysts have commented on CROX shares. Needham & Company LLC increased their price objective on shares of Crocs from $89.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, August 29th. Monness Crespi & Hardt dropped their price objective on shares of Crocs from $140.00 to $92.00 and set a “buy” rating on the stock in a research report on Friday, August 8th. Barclays reissued an “equal weight” rating and issued a $81.00 price objective (down from $119.00) on shares of Crocs in a research report on Friday, August 8th. Citigroup downgraded shares of Crocs to a “negative” rating in a research report on Tuesday. Finally, The Goldman Sachs Group dropped their price objective on shares of Crocs from $88.00 to $87.00 and set a “sell” rating on the stock in a research report on Tuesday, July 22nd.

Insiders Place Their Bets

In related news, EVP Susan L. Healy bought 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The shares were purchased at an average cost of $76.56 per share, with a total value of $153,120.00. Following the transaction, the executive vice president directly owned 50,078 shares of the company’s stock, valued at approximately $3,833,971.68. This represents a 4.16% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John B. Replogle bought 3,261 shares of the company’s stock in a transaction that occurred on Friday, August 8th. The stock was bought at an average cost of $76.69 per share, for a total transaction of $250,086.09. Following the completion of the transaction, the director directly owned 15,417 shares in the company, valued at approximately $1,182,329.73. The trade was a 26.83% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Costello Asset Management INC purchased a new position in shares of Crocs in the 1st quarter valued at $32,000. Larson Financial Group LLC grew its position in shares of Crocs by 541.8% in the 1st quarter. Larson Financial Group LLC now owns 353 shares of the textile maker’s stock valued at $37,000 after buying an additional 298 shares during the last quarter. IMA Advisory Services Inc. purchased a new position in Crocs during the 1st quarter worth $40,000. Brooklyn Investment Group purchased a new position in Crocs during the 1st quarter worth $40,000. Finally, Allworth Financial LP grew its position in Crocs by 120.7% during the 2nd quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after purchasing an additional 245 shares during the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.

Crocs Price Performance

Crocs stock opened at $76.70 on Tuesday. The firm has a market cap of $4.19 billion, a PE ratio of 20.56, a price-to-earnings-growth ratio of 1.77 and a beta of 1.43. Crocs has a 52-week low of $73.76 and a 52-week high of $144.23. The company has a quick ratio of 0.97, a current ratio of 1.54 and a debt-to-equity ratio of 0.97. The company’s 50 day moving average is $83.51 and its two-hundred day moving average is $95.98.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, August 7th. The textile maker reported $4.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.01 by $0.22. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The firm’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the business earned $4.01 EPS. Crocs has set its Q3 2025 guidance at EPS. On average, research analysts expect that Crocs will post 13.2 EPS for the current fiscal year.

Crocs Company Profile

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.