Jefferies Financial Group Inc. Takes Position in Crocs, Inc. $CROX

Jefferies Financial Group Inc. purchased a new stake in shares of Crocs, Inc. (NASDAQ:CROX) during the fourth quarter, Holdings Channel.com reports. The fund purchased 4,780 shares of the textile maker’s stock, valued at approximately $409,000.

Other institutional investors have also recently made changes to their positions in the company. Torren Management LLC purchased a new position in shares of Crocs during the 4th quarter valued at $39,000. Parallel Advisors LLC lifted its position in shares of 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 buying an additional 186 shares during the last quarter. FNY Investment Advisers LLC purchased a new position in shares of Crocs during the 3rd quarter valued at $48,000. IMA Advisory Services Inc. lifted its position in shares of 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 buying an additional 272 shares during the last quarter. Finally, National Bank of Canada FI lifted its position in shares of 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 buying an additional 663 shares during the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CROX. Robert W. Baird set a $110.00 price target on Crocs in a research report on Friday, February 13th. Needham & Company LLC upped their price target on Crocs from $118.00 to $132.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Weiss Ratings cut Crocs from a “hold (c-)” rating to a “sell (d)” rating in a research report on Monday, February 23rd. Monness Crespi & Hardt upped their price target on Crocs from $100.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Finally, Seaport Research Partners raised Crocs from a “neutral” rating to a “buy” rating and set a $135.00 price target on the stock in a research report on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $103.73.

Crocs Stock Performance

NASDAQ:CROX opened at $118.67 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.04 and a current ratio of 1.67. Crocs, Inc. has a 52-week low of $73.21 and a 52-week high of $121.26. The firm has a market cap of $5.90 billion, a price-to-earnings ratio of -85.99, a PEG ratio of 1.16 and a beta of 1.54. The business’s fifty day moving average is $98.01 and its 200 day moving average is $90.19.

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

Crocs 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.