Crocs, Inc. (NASDAQ:CROX) Given Average Rating of “Hold” by Analysts

Crocs, Inc. (NASDAQ:CROX) has been assigned a consensus recommendation of “Hold” from the fifteen analysts that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $103.7273.

Several equities research analysts recently issued reports on the company. Barclays upped their price target on Crocs from $109.00 to $110.00 and gave the company an “equal weight” rating in a research report on Friday, May 1st. The Goldman Sachs Group upped their price target on Crocs from $71.00 to $81.00 and gave the company a “sell” rating in a research report on Friday, February 13th. Wall Street Zen raised Crocs from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Stifel Nicolaus increased their target price on Crocs from $90.00 to $99.00 and gave the stock a “hold” rating in a research report on Friday, February 13th. Finally, Monness Crespi & Hardt increased their target price on Crocs from $100.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, February 13th.

Institutional Investors Weigh In On Crocs

Large investors have recently added to or reduced their stakes in the stock. Step Capital Management Pte. Ltd. acquired a new stake in Crocs in the fourth quarter worth $1,710,000. Marshall Financial Group LLC acquired a new stake in Crocs in the fourth quarter worth $1,237,000. iA Global Asset Management Inc. acquired a new stake in Crocs in the third quarter worth $5,818,000. Patient Capital Management LLC increased its position in Crocs by 17.0% in the third quarter. Patient Capital Management LLC now owns 588,794 shares of the textile maker’s stock worth $49,194,000 after buying an additional 85,416 shares during the period. Finally, TD Waterhouse Canada Inc. acquired a new stake in Crocs in the third quarter worth $3,206,000. 93.44% of the stock is owned by institutional investors and hedge funds.

Crocs Stock Performance

CROX stock opened at $116.03 on Wednesday. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93. The firm has a market cap of $5.77 billion, a P/E ratio of -84.08, a P/E/G ratio of 1.08 and a beta of 1.54. Crocs has a 12-month low of $73.21 and a 12-month high of $117.15. The stock’s 50 day simple moving average is $95.62 and its 200 day simple moving average is $89.42.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.21. The business had revenue of $921.46 million for the quarter, compared to analyst estimates of $900.57 million. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.The business’s revenue was down 1.7% compared to the same quarter last year. During the same period in the prior year, the company 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. As a group, equities research analysts predict that Crocs will post 13.67 EPS for the current year.

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.