Crocs, Inc. (NASDAQ:CROX) Given Average Rating of “Hold” by Analysts

Crocs, Inc. (NASDAQ:CROX) has received a consensus recommendation of “Hold” from the fifteen ratings firms that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, eight have given a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $103.7273.

A number of research firms have recently commented on CROX. Weiss Ratings cut shares of Crocs from a “hold (c-)” rating to a “sell (d)” rating in a report on Monday, February 23rd. BTIG Research started coverage on shares of Crocs in a research report on Tuesday, March 10th. They set a “neutral” rating for the company. Piper Sandler reissued a “neutral” rating and set a $95.00 target price on shares of Crocs in a research report on Thursday, February 12th. Wall Street Zen upgraded Crocs from a “hold” rating to a “buy” rating in a report on Saturday, April 11th. Finally, Needham & Company LLC increased their price target on Crocs from $118.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st.

Insider Activity

In related news, EVP Anne Mehlman sold 12,145 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $100.06, for a total value of $1,215,228.70. Following the transaction, the executive vice president directly owned 131,112 shares in the company, valued at $13,119,066.72. This trade represents a 8.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.72% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Crocs

Several large investors have recently bought and sold shares of the stock. LSV Asset Management lifted its stake in Crocs by 33.1% during the 4th quarter. LSV Asset Management now owns 1,474,037 shares of the textile maker’s stock valued at $126,060,000 after acquiring an additional 366,537 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Crocs by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,447,096 shares of the textile maker’s stock worth $123,760,000 after acquiring an additional 11,630 shares during the last quarter. AQR Capital Management LLC increased its holdings in Crocs by 399.0% in the 3rd quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock worth $105,841,000 after acquiring an additional 1,012,943 shares during the last quarter. Alliancebernstein L.P. increased its holdings in Crocs by 5.8% in the 2nd quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker’s stock worth $119,551,000 after acquiring an additional 64,672 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its holdings in Crocs by 78.7% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 907,988 shares of the textile maker’s stock worth $77,651,000 after acquiring an additional 399,964 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

Crocs Trading Up 2.2%

CROX opened at $99.11 on Wednesday. Crocs has a twelve month low of $73.21 and a twelve month high of $114.99. The company has a 50-day simple moving average of $92.81 and a 200 day simple moving average of $88.41. The company has a quick ratio of 1.04, a current ratio of 1.67 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $4.92 billion, a price-to-earnings ratio of -71.82, a P/E/G ratio of 0.95 and a beta of 1.54.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, April 30th. The textile maker reported $2.99 earnings per share for the quarter, topping the consensus estimate of $2.78 by $0.21. The business had revenue of $921.46 million during the quarter, compared to analysts’ expectations of $900.57 million. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. Crocs’s revenue was down 1.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.00 earnings per share. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. Analysts predict that Crocs will post 13.67 EPS for the current fiscal year.

About Crocs

Crocs, Inc is a global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction. The company’s product portfolio encompasses a range of styles, including clogs, sandals, slides, boots and sneakers, all featuring the slip-resistant, odor-resistant and cushion-providing qualities of the Croslite material. Crocs distributes its products through an omnichannel network that includes e-commerce platforms, company-owned retail stores, authorized dealers and wholesale partners.

Founded in 2002 by Scott Seamans, Lyndon “Duke” Hanson and George Boedecker Jr., Crocs launched its first clog on the island of Vail, Colorado.