Crocs (NASDAQ:CROX) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Crocs (NASDAQ:CROX) from a hold rating to a buy rating in a research report report published on Saturday.

Other research analysts have also recently issued research reports about the stock. Williams Trading upgraded shares of Crocs from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 8th. The Goldman Sachs Group upped their price target on shares of Crocs from $71.00 to $81.00 and gave the stock a “sell” rating in a research report on Friday, February 13th. BTIG Research began coverage on shares of Crocs in a research report on Tuesday, March 10th. They set a “neutral” rating on the stock. Barclays upped their price target on shares of Crocs from $86.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Friday, February 13th. Finally, UBS Group upped their price target on shares of Crocs from $85.00 to $97.00 and gave the stock a “neutral” rating in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $101.45.

Crocs Stock Performance

Shares of CROX opened at $100.22 on Friday. Crocs has a 12 month low of $73.21 and a 12 month high of $122.84. The firm has a fifty day simple moving average of $87.31 and a 200 day simple moving average of $85.18. The stock has a market capitalization of $5.03 billion, a price-to-earnings ratio of -79.54, a PEG ratio of 1.16 and a beta of 1.54. The company has a current ratio of 1.27, a quick ratio of 0.74 and a debt-to-equity ratio of 0.95.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, February 12th. The textile maker reported $2.29 EPS for the quarter, topping the consensus estimate of $1.92 by $0.37. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. The business had revenue of $957.64 million during the quarter, compared to analysts’ expectations of $916.16 million. During the same quarter in the prior year, the company posted $2.52 earnings per share. The firm’s revenue was down 3.3% on a year-over-year basis. 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 forecast that Crocs will post 13.2 EPS for the current fiscal year.

Insider Transactions at Crocs

In other Crocs news, EVP Anne Mehlman sold 12,145 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $100.06, for a total transaction of $1,215,228.70. Following the sale, the executive vice president directly owned 131,112 shares of the company’s stock, valued at approximately $13,119,066.72. This represents a 8.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 2.72% of the company’s stock.

Hedge Funds Weigh In On Crocs

Several large investors have recently modified their holdings of the stock. LSV Asset Management raised its position in shares of Crocs by 33.1% in the fourth quarter. LSV Asset Management now owns 1,474,037 shares of the textile maker’s stock valued at $126,060,000 after purchasing an additional 366,537 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Crocs by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,447,096 shares of the textile maker’s stock valued at $123,760,000 after purchasing an additional 11,630 shares during the period. AQR Capital Management LLC raised its position in shares of Crocs by 399.0% in the third quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after purchasing an additional 1,012,943 shares during the period. Alliancebernstein L.P. raised its position in shares of Crocs by 5.8% in the second quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker’s stock valued at $119,551,000 after purchasing an additional 64,672 shares during the period. Finally, Fuller & Thaler Asset Management Inc. raised its position in shares of Crocs by 78.7% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 907,988 shares of the textile maker’s stock valued at $77,651,000 after purchasing an additional 399,964 shares during the period. 93.44% of the stock is owned by institutional investors.

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.