Crocs (NASDAQ:CROX) Rating Increased to Strong-Buy at Williams Trading

Williams Trading upgraded shares of Crocs (NASDAQ:CROX) from a hold rating to a strong-buy rating in a report released on Wednesday,Zacks.com reports.

Several other equities research analysts have also recently weighed in on CROX. Barclays increased their price objective on Crocs from $86.00 to $109.00 and gave the company an “equal weight” rating in a research report on Friday, February 13th. Robert W. Baird set a $110.00 target price on Crocs in a research report on Friday, February 13th. The Goldman Sachs Group raised their target price on Crocs from $71.00 to $81.00 and gave the stock a “sell” rating in a research report on Friday, February 13th. Stifel Nicolaus raised their target price on Crocs from $90.00 to $99.00 and gave the stock a “hold” rating in a research report on Friday, February 13th. Finally, UBS Group raised their target price on Crocs from $85.00 to $97.00 and gave the stock a “neutral” rating in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $101.45.

Crocs Stock Up 7.3%

CROX opened at $97.08 on Wednesday. Crocs has a 1-year low of $73.21 and a 1-year high of $122.84. The company has a current ratio of 1.27, a quick ratio of 0.74 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $4.88 billion, a price-to-earnings ratio of -77.05, a P/E/G ratio of 0.97 and a beta of 1.54. The business has a 50 day moving average of $86.33 and a 200-day moving average of $84.64.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, February 12th. The textile maker reported $2.29 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $916.16 million. During the same period in the prior year, the business earned $2.52 earnings per share. 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. As a group, sell-side analysts anticipate that Crocs will post 13.2 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Anne Mehlman sold 12,145 shares of the firm’s 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 completion of the transaction, the executive vice president directly owned 131,112 shares of the company’s stock, valued at $13,119,066.72. This trade represents a 8.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CROX. AQR Capital Management LLC lifted its holdings in shares of Crocs by 399.0% during the third quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after acquiring an additional 1,012,943 shares during the period. Norges Bank bought a new position in shares of Crocs during the fourth quarter valued at $67,545,000. Smead Capital Management Inc. bought a new position in shares of Crocs during the third quarter valued at $52,978,000. Himalaya Capital Management LLC bought a new position in shares of Crocs during the fourth quarter valued at $53,720,000. Finally, American Century Companies Inc. lifted its holdings in shares of Crocs by 144.4% during the third quarter. American Century Companies Inc. now owns 717,402 shares of the textile maker’s stock valued at $59,939,000 after acquiring an additional 423,817 shares during the period. 93.44% of the stock is owned by institutional investors.

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.