Crocs (NASDAQ:CROX) Stock Price Down 5.3% – Here’s Why

Crocs, Inc. (NASDAQ:CROX)’s stock price traded down 5.3% during trading on Monday . The stock traded as low as $84.71 and last traded at $84.97. 209,321 shares changed hands during trading, a decline of 88% from the average session volume of 1,815,415 shares. The stock had previously closed at $89.70.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Barclays boosted their target price on shares of Crocs from $81.00 to $86.00 and gave the stock an “equal weight” rating in a report on Friday, October 31st. Wall Street Zen lowered shares of Crocs from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. UBS Group restated a “neutral” rating and issued a $85.00 price objective on shares of Crocs in a report on Friday. Piper Sandler lowered Crocs from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from $95.00 to $75.00 in a research report on Monday, September 22nd. Finally, Monness Crespi & Hardt lifted their target price on Crocs from $92.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Crocs has a consensus rating of “Hold” and an average target price of $103.42.

Crocs Price Performance

The firm has a market cap of $4.44 billion, a P/E ratio of 27.84 and a beta of 1.54. 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 business’s 50 day moving average is $81.95 and its two-hundred day moving average is $90.39.

Crocs (NASDAQ:CROX) last issued its quarterly earnings results on Thursday, October 30th. The textile maker reported $2.92 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.56. Crocs had a net margin of 4.48% and a return on equity of 43.14%. The business had revenue of $996.30 million for the quarter, compared to analysts’ expectations of $960.14 million. During the same quarter in the prior year, the firm posted $3.60 earnings per share. The business’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. As a group, analysts anticipate that Crocs, Inc. will post 13.2 earnings per share for the current year.

Insider Buying and Selling

In other Crocs news, Director John B. Replogle bought 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was acquired at an average price 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 of the company’s stock, valued at approximately $1,372,066.50. This trade represents a 19.46% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 2.72% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Crocs

A number of institutional investors and hedge funds have recently modified their holdings of CROX. Brooklyn Investment Group acquired a new stake in shares of Crocs during the 1st quarter worth approximately $40,000. Parallel Advisors LLC boosted its stake in Crocs by 60.2% during the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after acquiring an additional 186 shares in the last quarter. Allworth Financial LP grew its holdings in Crocs by 120.7% in the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after purchasing an additional 245 shares during the period. Ameritas Advisory Services LLC bought a new stake in Crocs in the second quarter valued at $48,000. Finally, Employees Retirement System of Texas acquired a new position in shares of Crocs during the second quarter valued at about $49,000. 93.44% of the stock is currently owned by institutional investors.

About Crocs

Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.