UBS Group Forecasts Strong Price Appreciation for Crocs (NASDAQ:CROX) Stock

Crocs (NASDAQ:CROXGet Free Report) had its price objective boosted by stock analysts at UBS Group from $85.00 to $97.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The brokerage currently has a “neutral” rating on the textile maker’s stock. UBS Group’s price target would indicate a potential upside of 0.12% from the stock’s previous close.

Several other research analysts have also recently commented on the stock. Piper Sandler reiterated a “neutral” rating and set a $95.00 price target on shares of Crocs in a report on Thursday. KeyCorp reissued a “sector weight” rating on shares of Crocs in a report on Thursday, January 22nd. Robert W. Baird set a $110.00 price objective on Crocs in a report on Friday. Barclays raised their target price on Crocs from $86.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, Bank of America lowered their price target on Crocs from $99.00 to $98.00 and set a “buy” rating for the company in a report on Tuesday, October 21st. Four equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Crocs presently has an average rating of “Hold” and an average target price of $105.18.

Read Our Latest Analysis on CROX

Crocs Trading Down 1.6%

NASDAQ:CROX opened at $96.88 on Friday. Crocs has a 12-month low of $73.21 and a 12-month high of $122.84. The firm has a market cap of $5.03 billion, a PE ratio of -76.89 and a beta of 1.56. The company has a current ratio of 1.27, a quick ratio of 0.83 and a debt-to-equity ratio of 0.95. The stock has a fifty day moving average price of $86.81 and a 200 day moving average price of $84.56.

Crocs (NASDAQ:CROXGet Free Report) last posted its quarterly earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $0.37. Crocs had a positive return on equity of 45.17% and a negative net margin of 2.01%.The company had revenue of $957.64 million for the quarter, compared to analyst estimates of $916.16 million. During the same quarter last year, the company earned $2.52 EPS. Crocs’s revenue for the quarter was down 3.3% compared to the same quarter last year. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. Sell-side analysts anticipate that Crocs will post 13.2 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Crocs

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CROX. Torren Management LLC purchased a new position in shares of Crocs during the fourth quarter worth approximately $39,000. Parallel Advisors LLC grew its position in Crocs by 60.2% during the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after purchasing an additional 186 shares during the last quarter. Allworth Financial LP grew its position in Crocs by 120.7% during the 2nd 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 last quarter. FNY Investment Advisers LLC acquired a new position in Crocs in the third quarter valued at $48,000. Finally, Employees Retirement System of Texas purchased a new stake in shares of Crocs in the second quarter valued at about $49,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.

Key Crocs News

Here are the key news stories impacting Crocs this week:

Crocs Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Crocs (NASDAQ:CROX)

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