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

Several research firms have recently weighed in on CROX. B. Riley reaffirmed a “neutral” rating and issued a $10.00 price target on shares of Crocs in a report on Thursday, May 12th. Piper Jaffray Cos. reaffirmed a “hold” rating and issued a $10.00 price target (up previously from $9.00) on shares of Crocs in a report on Tuesday, May 10th. Robert W. Baird reaffirmed a “hold” rating on shares of Crocs in a report on Monday, May 16th. TheStreet raised shares of Crocs from a “sell” rating to a “hold” rating in a report on Monday, June 6th. Finally, Sterne Agee CRT reaffirmed a “buy” rating and issued a $12.50 price target on shares of Crocs in a report on Thursday, May 26th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $12.36.

The company’s 50-day moving average price is $10.54 and its 200-day moving average price is $9.62. The stock’s market cap is $860.37 million.

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

Several hedge funds and institutional investors have modified their holdings of CROX. California State Teachers Retirement System boosted its position in shares of Crocs by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 142,705 shares of the company’s stock valued at $1,461,000 after buying an additional 2,306 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Crocs by 6.4% in the fourth quarter. Rhumbline Advisers now owns 105,612 shares of the company’s stock valued at $1,081,000 after buying an additional 6,340 shares in the last quarter. California Public Employees Retirement System boosted its position in shares of Crocs by 1.9% in the fourth quarter. California Public Employees Retirement System now owns 364,000 shares of the company’s stock valued at $3,727,000 after buying an additional 6,700 shares in the last quarter. New York State Common Retirement Fund boosted its position in shares of Crocs by 30.5% in the fourth quarter. New York State Common Retirement Fund now owns 249,484 shares of the company’s stock valued at $2,555,000 after buying an additional 58,249 shares in the last quarter. Finally, Heartland Advisors Inc. boosted its position in shares of Crocs by 50.0% in the fourth quarter. Heartland Advisors Inc. now owns 300,000 shares of the company’s stock valued at $3,072,000 after buying an additional 100,000 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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