Crocs Inc. (NASDAQ:CROX)’s share price traded down 2.9% on Tuesday . The stock traded as low as $11.73 and last traded at $11.80, with a volume of 196,159 shares trading hands. The stock had previously closed at $12.15.

Several equities analysts recently weighed in on the stock. B. Riley reaffirmed a “neutral” rating and issued a $10.00 price target on shares of Crocs in a research report on Tuesday, May 17th. Piper Jaffray Cos. reiterated a “hold” rating and issued a $10.00 price objective (up previously from $9.00) on shares of Crocs in a research note on Tuesday, May 10th. Robert W. Baird reiterated a “hold” rating on shares of Crocs in a research note on Monday, May 16th. Zacks Investment Research lowered shares of Crocs from a “hold” rating to a “strong sell” rating in a research note on Tuesday, May 10th. Finally, Stifel Nicolaus lowered shares of Crocs from a “buy” rating to a “hold” rating in a research note on Wednesday, April 27th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $12.36.

The company’s market capitalization is $858.91 million. The stock has a 50 day moving average of $11.01 and a 200 day moving average of $9.69.

Crocs (NASDAQ:CROX) last announced its quarterly earnings results on Tuesday, May 10th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.02. During the same quarter in the prior year, the firm earned ($0.08) EPS. The company had revenue of $279.10 million for the quarter, compared to analysts’ expectations of $265.90 million. Crocs’s quarterly revenue was up 6.4% compared to the same quarter last year. Equities research analysts expect that Crocs Inc. will post $0.22 earnings per share for the current year.

Several institutional investors recently made changes to their positions in the stock. TrimTabs Asset Management LLC bought a new position in shares of Crocs during the fourth quarter valued at about $1,976,000. Victory Capital Management Inc. raised 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 valued at $17,666,000 after buying an additional 226,928 shares during the last quarter. Boston Partners raised its stake in Crocs by 31.4% in the fourth quarter. Boston Partners now owns 448,160 shares of the company’s stock valued at $4,589,000 after buying an additional 107,200 shares during the last quarter. Heartland Advisors Inc. raised its stake in 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 during the last quarter. Finally, New York State Common Retirement Fund raised 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 valued at $2,555,000 after buying an additional 58,249 shares during 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.