Brokerages Set Crocs, Inc. (NASDAQ:CROX) Target Price at $99.25

Crocs, Inc. (NASDAQ:CROX) has been assigned a consensus rating of “Hold” from the fifteen research firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $99.25.

Several research firms recently weighed in on CROX. UBS Group restated a “neutral” rating on shares of Crocs in a research report on Tuesday, January 6th. Needham & Company LLC reissued a “buy” rating and issued a $100.00 target price on shares of Crocs in a research note on Friday, December 5th. Robert W. Baird reaffirmed a “neutral” rating and set a $100.00 price target on shares of Crocs in a research note on Wednesday, January 7th. Stifel Nicolaus raised their price target on Crocs from $85.00 to $90.00 and gave the company a “hold” rating in a report on Friday, October 31st. Finally, Zacks Research cut Crocs from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th.

Crocs Stock Up 3.6%

Shares of NASDAQ CROX opened at $85.27 on Thursday. Crocs has a 12-month low of $73.21 and a 12-month high of $122.84. The firm’s 50-day simple moving average is $85.51 and its 200 day simple moving average is $86.81. The company has a quick ratio of 0.83, a current ratio of 1.40 and a debt-to-equity ratio of 0.97. The company has a market cap of $4.43 billion, a price-to-earnings ratio of 27.78 and a beta of 1.54.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data 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 analysts’ expectations of $960.14 million. During the same quarter last year, the company posted $3.60 EPS. The company’s quarterly revenue was down 6.2% compared to the same quarter last year. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. On average, research analysts expect that Crocs will post 13.2 earnings per share for the current fiscal year.

Insider Activity at Crocs

In other Crocs news, Director John B. Replogle purchased 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The stock was acquired at an average cost of $74.50 per share, with a total value of $223,500.00. Following the completion of the purchase, the director directly owned 18,417 shares in the company, valued at approximately $1,372,066.50. This represents a 19.46% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Crocs

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Crocs by 159.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock valued at $79,000 after purchasing an additional 459 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Crocs by 4.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 211,305 shares of the textile maker’s stock valued at $22,441,000 after purchasing an additional 8,331 shares during the last quarter. Voya Investment Management LLC lifted its stake in Crocs by 45.9% in the first quarter. Voya Investment Management LLC now owns 53,240 shares of the textile maker’s stock valued at $5,654,000 after buying an additional 16,753 shares during the period. Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in Crocs by 49.5% during the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 28,550 shares of the textile maker’s stock worth $2,892,000 after buying an additional 9,450 shares during the last quarter. Finally, Pallas Capital Advisors LLC acquired a new position in shares of Crocs during the 2nd quarter worth about $301,000. 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.