Crocs (NASDAQ:CROX) Stock Price Down 7.2% – What’s Next?

Shares of Crocs, Inc. (NASDAQ:CROX) were down 7.2% during mid-day trading on Monday . The stock traded as low as $84.85 and last traded at $85.03. Approximately 1,122,061 shares were traded during trading, a decline of 37% from the average daily volume of 1,793,595 shares. The stock had previously closed at $91.63.

Analysts Set New Price Targets

A number of research firms recently issued reports on CROX. Needham & Company LLC restated a “buy” rating and set a $100.00 price target on shares of Crocs in a research note on Friday, December 5th. Zacks Research upgraded Crocs from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. UBS Group reissued a “neutral” rating and issued a $85.00 target price on shares of Crocs in a report on Friday, December 5th. Barclays lifted their target price on shares of Crocs from $81.00 to $86.00 and gave the company an “equal weight” rating in a report on Friday, October 31st. Finally, Wall Street Zen lowered Crocs from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Crocs has a consensus rating of “Hold” and an average target price of $103.42.

Crocs Price Performance

The company has a debt-to-equity ratio of 0.97, a current ratio of 1.40 and a quick ratio of 0.83. The firm has a market capitalization of $4.44 billion, a PE ratio of 27.93 and a beta of 1.54. The company has a 50-day moving average price of $84.02 and a 200-day moving average price of $88.80.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, October 30th. The textile maker reported $2.92 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.56. Crocs had a net margin of 4.48% and a return on equity of 43.14%. The firm had revenue of $996.30 million during the quarter, compared to the consensus estimate of $960.14 million. During the same quarter in the previous year, the company posted $3.60 EPS. The firm’s revenue for the quarter was down 6.2% on a year-over-year basis. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. Sell-side analysts forecast that Crocs, Inc. will post 13.2 EPS for the current year.

Insider Buying and Selling

In other Crocs news, Director John B. Replogle purchased 3,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The stock was bought at an average cost of $74.50 per share, for a total transaction of $223,500.00. Following the acquisition, the director owned 18,417 shares of the company’s stock, valued at approximately $1,372,066.50. The trade was a 19.46% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 2.72% of the company’s stock.

Institutional Investors Weigh In On Crocs

Several institutional investors and hedge funds have recently added to or reduced their stakes in CROX. Parallel Advisors LLC lifted its stake in shares of Crocs by 60.2% in 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 in the last quarter. Allworth Financial LP grew its stake in Crocs by 120.7% during the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after buying an additional 245 shares during the period. Ameritas Advisory Services LLC purchased a new position in shares of Crocs in the 2nd quarter valued at $48,000. FNY Investment Advisers LLC purchased a new position in shares of Crocs in the 3rd quarter valued at $48,000. Finally, Employees Retirement System of Texas acquired a new position in shares of Crocs during the 2nd quarter valued at $49,000. 93.44% of the stock is currently owned by institutional investors and hedge funds.

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.