Crocs, Inc. (NASDAQ:CROX) Stock Has Average Target Price of $139.10 According to Analysts

Shares of Crocs, Inc. (NASDAQ:CROX) have been assigned a consensus rating of “Moderate Buy” from the twenty brokerages that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $139.10.

A number of analysts have commented on the stock. The Goldman Sachs Group restated a “sell” rating and set a $95.00 price target on shares of Crocs in a research report on Friday, July 31st. Williams Trading set a $150.00 price objective on shares of Crocs in a report on Tuesday, June 9th. Scotiabank started coverage on shares of Crocs in a research note on Monday, June 8th. They set an “outperform” rating on the stock. Wells Fargo & Company assumed coverage on Crocs in a report on Monday, June 8th. They set a “buy” rating on the stock. Finally, Royal Bank Of Canada began coverage on Crocs in a research report on Monday, June 8th. They issued an “overweight” rating for the company.

Crocs Price Performance

Shares of CROX stock opened at $122.36 on Tuesday. The firm has a fifty day moving average of $125.34 and a two-hundred day moving average of $113.79. The firm has a market cap of $5.87 billion, a P/E ratio of 10.58, a P/E/G ratio of 1.05 and a beta of 1.52. Crocs has a 1-year low of $73.21 and a 1-year high of $141.28. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.49 and a quick ratio of 0.96.

Crocs (NASDAQ:CROX) last issued its earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share for the quarter, topping analysts’ consensus estimates of $4.35 by $0.20. The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Crocs had a net margin of 14.64% and a return on equity of 47.75%. The firm’s revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the company earned ($8.82) earnings per share. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. As a group, research analysts anticipate that Crocs will post 13.95 earnings per share for the current fiscal year.

Insider Activity at Crocs

In related news, CEO Andrew Rees sold 19,072 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $138.91, for a total value of $2,649,291.52. Following the completion of the transaction, the chief executive officer owned 713,293 shares of the company’s stock, valued at approximately $99,083,530.63. This trade represents a 2.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Beth J. Kaplan bought 885 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The stock was acquired at an average cost of $112.12 per share, with a total value of $99,226.20. Following the transaction, the director owned 15,259 shares of the company’s stock, valued at $1,710,839.08. This trade represents a 6.16% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Crocs

Hedge funds have recently modified their holdings of the stock. QRG Capital Management Inc. raised its position in shares of Crocs by 14.9% in the second quarter. QRG Capital Management Inc. now owns 2,849 shares of the textile maker’s stock valued at $344,000 after purchasing an additional 369 shares during the period. Sequoia Financial Advisors LLC acquired a new stake in shares of Crocs in the second quarter worth $233,000. WINTON GROUP Ltd bought a new stake in shares of Crocs during the 2nd quarter worth $1,556,000. Engineers Gate Manager LP boosted its holdings in shares of Crocs by 270.6% during the 2nd quarter. Engineers Gate Manager LP now owns 9,872 shares of the textile maker’s stock worth $1,191,000 after buying an additional 7,208 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in Crocs in the 2nd quarter valued at $97,000. 93.44% of the stock is owned by institutional investors and hedge funds.

Crocs Company Profile

Crocs, Inc is a global footwear company best known for its lightweight, molded clogs made from proprietary Croslite material. The company designs, manufactures, markets and distributes casual footwear, sandals, boots, slippers and accessories under the Crocs brand, including customizable Jibbitz charms.

Founded in 2002, Crocs has expanded its product range beyond its original clog design to offer footwear for women, men and children. In 2022, the company acquired HEYDUDE, a casual footwear brand known for lightweight shoes, loafers and slip-ons.