Crocs, Inc. (NASDAQ:CROX) Given Average Rating of "Moderate Buy" by Analysts

Shares of Crocs, Inc. (NASDAQ:CROX - Get Free Report) have been given an average rating of "Moderate Buy" by the fourteen ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and nine have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $108.9231.

Several equities research analysts recently issued reports on the stock. Monness Crespi & Hardt cut their target price on shares of Crocs from $140.00 to $92.00 and set a "buy" rating for the company in a research note on Friday, August 8th. Barclays reaffirmed an "equal weight" rating and issued a $81.00 price objective (down from $119.00) on shares of Crocs in a research report on Friday, August 8th. Bank of America decreased their target price on Crocs from $135.00 to $99.00 and set a "buy" rating on the stock in a report on Friday, August 8th. Stifel Nicolaus restated a "hold" rating and issued a $85.00 price target (down previously from $127.00) on shares of Crocs in a research note on Friday, August 8th. Finally, UBS Group cut their price target on Crocs from $110.00 to $85.00 and set a "neutral" rating for the company in a report on Monday, August 11th.

Insider Buying and Selling at Crocs

In other news, EVP Susan L. Healy bought 2,000 shares of the company's stock in a transaction dated Tuesday, August 12th. The stock was bought at an average price of $76.56 per share, with a total value of $153,120.00. Following the completion of the acquisition, the executive vice president owned 50,078 shares of the company's stock, valued at $3,833,971.68. This represents a 4.16% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director John B. Replogle purchased 3,261 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The stock was acquired at an average price of $76.69 per share, for a total transaction of $250,086.09. Following the completion of the purchase, the director directly owned 15,417 shares of the company's stock, valued at $1,182,329.73. This represents a 26.83% increase in their position. The disclosure for this purchase can be found here. 3.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Crocs

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Motley Fool Wealth Management LLC increased its position in shares of Crocs by 82.6% in the first quarter. Motley Fool Wealth Management LLC now owns 101,978 shares of the textile maker's stock worth $10,830,000 after purchasing an additional 46,124 shares during the period. Entropy Technologies LP acquired a new stake in Crocs during the first quarter worth about $905,000. Victory Capital Management Inc. increased its holdings in Crocs by 29.6% in the 1st quarter. Victory Capital Management Inc. now owns 36,563 shares of the textile maker's stock valued at $3,883,000 after buying an additional 8,353 shares during the period. Walter Public Investments Inc. increased its holdings in Crocs by 5.6% in the 1st quarter. Walter Public Investments Inc. now owns 70,475 shares of the textile maker's stock valued at $7,484,000 after buying an additional 3,736 shares during the period. Finally, Bristlecone Advisors LLC acquired a new position in shares of Crocs in the 1st quarter valued at approximately $474,000. 93.44% of the stock is owned by institutional investors and hedge funds.

Crocs Stock Up 0.0%

Shares of NASDAQ:CROX traded up $0.0120 during trading on Monday, hitting $83.7320. 697,829 shares of the company were exchanged, compared to its average volume of 1,794,750. Crocs has a fifty-two week low of $73.76 and a fifty-two week high of $151.13. The stock has a market cap of $4.57 billion, a price-to-earnings ratio of 22.46, a P/E/G ratio of 1.92 and a beta of 1.41. The company has a current ratio of 1.54, a quick ratio of 0.97 and a debt-to-equity ratio of 0.97. The firm has a fifty day moving average price of $98.63 and a two-hundred day moving average price of $101.02.

Crocs (NASDAQ:CROX - Get Free Report) last released its earnings results on Thursday, August 7th. The textile maker reported $4.23 earnings per share for the quarter, beating the consensus estimate of $4.01 by $0.22. The business had revenue of $1.15 billion during the quarter, compared to analysts' expectations of $1.15 billion. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The firm's revenue was up 3.4% on a year-over-year basis. During the same period last year, the business earned $4.01 earnings per share. Crocs has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Crocs will post 13.2 earnings per share for the current fiscal year.

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.