Crocs, Inc. (NASDAQ:CROX) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Key Points

• Crocs has a consensus “Moderate Buy” rating from 20 analysts, with 10 buys, one strong buy, seven holds and two sells. The average 12-month price target is $139.10, above the reported share price of $123.69.
• The company exceeded quarterly expectations, reporting $4.55 in EPS versus the $4.35 consensus and $1.18 billion in revenue versus the $1.15 billion estimate. Revenue increased 2.6% year over year, and Crocs guided to fiscal 2026 EPS of $13.70–$14.00.
• Institutional investors own 93.44% of Crocs, with BlackRock initiating a stake valued at $561.2 million. Insider activity was mixed: a director bought shares, while CEO Andrew Rees sold 19,072 shares.

Crocs, Inc. (NASDAQ:CROX - Get Free Report) has received a consensus rating of "Moderate Buy" from the twenty research firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $139.10.

Several equities research analysts have recently commented on the stock. The Goldman Sachs Group reiterated a "sell" rating and set a $95.00 price objective on shares of Crocs in a research note on Friday, July 31st. Williams Trading set a $150.00 target price on Crocs in a research report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft initiated coverage on Crocs in a research note on Monday, June 8th. They issued a "buy" rating for the company. Scotiabank assumed coverage on Crocs in a research note on Monday, June 8th. They set an "outperform" rating on the stock. Finally, UBS Group increased their price objective on Crocs from $107.00 to $120.00 and gave the company a "neutral" rating in a report on Friday, July 31st.

Insider Buying and Selling

In other Crocs news, Director Beth Kaplan purchased 885 shares of the business's stock in a transaction that occurred on Tuesday, September 15th. The shares were bought at an average price of $112.12 per share, for a total transaction of $99,226.20. Following the acquisition, the director owned 15,259 shares in the company, valued at $1,710,839.08. This represents a 6.16% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Andrew Rees sold 19,072 shares of the company's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $138.91, for a total transaction of $2,649,291.52. Following the completion of the sale, the chief executive officer directly owned 713,293 shares in the company, valued at $99,083,530.63. This trade represents a 2.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 3.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Crocs

Several institutional investors and hedge funds have recently modified their holdings of CROX. BlackRock Inc. purchased a new stake in Crocs during the second quarter worth $561,223,000. Patient Capital Management LLC purchased a new position in Crocs in the second quarter valued at $96,443,000. Norges Bank purchased a new position in Crocs in the fourth quarter valued at $67,545,000. Himalaya Capital Management LLC acquired a new position in shares of Crocs in the fourth quarter worth about $53,720,000. Finally, Contrarius Group Holdings Ltd raised its position in shares of Crocs by 324.1% in the fourth quarter. Contrarius Group Holdings Ltd now owns 475,011 shares of the textile maker's stock worth $40,623,000 after acquiring an additional 363,010 shares during the period. Institutional investors and hedge funds own 93.44% of the company's stock.

Crocs Trading Up 1.2%

NASDAQ:CROX opened at $123.69 on Tuesday. Crocs has a 52 week low of $73.21 and a 52 week high of $141.28. The firm has a 50 day moving average of $126.43 and a 200 day moving average of $112.39. The company has a quick ratio of 0.96, a current ratio of 1.49 and a debt-to-equity ratio of 0.94. The stock has a market capitalization of $5.93 billion, a price-to-earnings ratio of 10.69, a PEG ratio of 1.02 and a beta of 1.52.

Crocs (NASDAQ:CROX - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.35 by $0.20. The business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.15 billion. Crocs had a net margin of 14.64% and a return on equity of 47.75%. The business's revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the previous year, the company earned ($8.82) earnings per share. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. As a group, sell-side analysts anticipate that Crocs will post 13.95 earnings per share for the current fiscal year.

About Crocs

Crocs, Inc is a global footwear company best known for its lightweight, molded clogs made from proprietary Croslite material. The company designs, manufactures, markets and distributes casual footwear, sandals, boots, slippers and accessories under the Crocs brand, including customizable Jibbitz charms.

Founded in 2002, Crocs has expanded its product range beyond its original clog design to offer footwear for women, men and children. In 2022, the company acquired HEYDUDE, a casual footwear brand known for lightweight shoes, loafers and slip-ons.

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