Crocs Inc. (NASDAQ:CROX) traded up 2.3% during trading on Thursday . The stock traded as high as $11.18 and last traded at $11.12, with a volume of 301,434 shares. The stock had previously closed at $10.87.

Several brokerages have recently issued reports on CROX. Robert W. Baird reiterated a “hold” rating on shares of Crocs in a research note on Monday, May 16th. Stifel Nicolaus downgraded shares of Crocs from a “buy” rating to a “hold” rating in a research note on Wednesday, April 27th. B. Riley reiterated a “neutral” rating and issued a $10.00 target price on shares of Crocs in a research note on Tuesday, May 17th. Sterne Agee CRT upgraded shares of Crocs from a “neutral” rating to a “buy” rating in a research note on Tuesday, May 10th. Finally, Piper Jaffray Cos. reiterated a “hold” rating and issued a $10.00 target price (up previously from $9.00) on shares of Crocs in a research note on Tuesday, May 10th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $12.36.

The company’s 50 day moving average price is $10.39 and its 200 day moving average price is $9.60. The firm’s market capitalization is $833.23 million.

Crocs (NASDAQ:CROX) last posted its earnings results on Tuesday, May 10th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. During the same period last year, the business posted ($0.08) EPS. The business had revenue of $279.10 million for the quarter, compared to analysts’ expectations of $265.90 million. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. Equities analysts predict that Crocs Inc. will post $0.22 EPS for the current year.

Several hedge funds have recently added to or reduced their stakes in CROX. Victory Capital Management Inc. boosted its stake in Crocs by 15.1% in the fourth quarter. Victory Capital Management Inc. now owns 1,725,235 shares of the company’s stock worth $17,666,000 after buying an additional 226,928 shares in the last quarter. Boston Partners boosted its stake in Crocs by 31.4% in the fourth quarter. Boston Partners now owns 448,160 shares of the company’s stock worth $4,589,000 after buying an additional 107,200 shares in the last quarter. Heartland Advisors Inc. boosted its stake in Crocs by 50.0% in the fourth quarter. Heartland Advisors Inc. now owns 300,000 shares of the company’s stock worth $3,072,000 after buying an additional 100,000 shares in the last quarter. New York State Common Retirement Fund boosted its stake in Crocs by 30.5% in the fourth quarter. New York State Common Retirement Fund now owns 249,484 shares of the company’s stock worth $2,555,000 after buying an additional 58,249 shares in the last quarter. Finally, California Public Employees Retirement System boosted its stake in Crocs by 1.9% in the fourth quarter. California Public Employees Retirement System now owns 364,000 shares of the company’s stock worth $3,727,000 after buying an additional 6,700 shares in the last quarter.

Crocs, Inc is engaged in the design, development, manufacturing, across the world marketing and distribution of casual lifestyle footwear and accessories for men, women and children. The Company’s segments include Americas, Asia Pacific and Europe. The Americas segment consists of the product sales in the North and South America geographic regions.

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