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

Key Points

• Brokerages have given Crocs, Inc. an average recommendation of "Moderate Buy", with eight out of thirteen analysts recommending a buy.
• Insider transactions include Director John B. Replogle and EVP Susan L. Healy purchasing shares, demonstrating increased confidence in the company's performance.
• Crocs reported a quarterly EPS of $4.23, surpassing expectations and indicating a year-over-year revenue growth of 3.4%.

Shares of Crocs, Inc. (NASDAQ:CROX - Get Free Report) have earned an average recommendation of "Moderate Buy" from the thirteen brokerages that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $105.3333.

CROX has been the subject of several research analyst reports. Needham & Company LLC upped their price target on shares of Crocs from $89.00 to $100.00 and gave the company a "buy" rating in a research report on Friday, August 29th. KeyCorp reduced their price target on shares of Crocs from $120.00 to $95.00 and set an "overweight" rating for the company in a research 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 report on Friday, August 8th. UBS Group reduced their price target on shares of Crocs from $110.00 to $85.00 and set a "neutral" rating for the company in a research report on Monday, August 11th. Finally, The Goldman Sachs Group reduced their price target on shares of Crocs from $88.00 to $87.00 and set a "sell" rating for the company in a research report on Tuesday, July 22nd.

Insider Activity at Crocs

In related news, Director John B. Replogle acquired 3,261 shares of the company's stock in a transaction on Friday, August 8th. The shares were purchased at an average price of $76.69 per share, for a total transaction of $250,086.09. Following the purchase, the director owned 15,417 shares in the company, valued at $1,182,329.73. This represents a 26.83% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Susan L. Healy acquired 2,000 shares of the company's stock in a transaction on Tuesday, August 12th. The stock was bought at an average price of $76.56 per share, for a total transaction of $153,120.00. Following the purchase, the executive vice president owned 50,078 shares in the company, valued at approximately $3,833,971.68. This trade represents a 4.16% increase in their position. The disclosure for this purchase can be found here. 3.00% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Costello Asset Management INC acquired a new position in Crocs in the 1st quarter valued at approximately $32,000. Larson Financial Group LLC increased its stake in shares of Crocs by 541.8% during the 1st quarter. Larson Financial Group LLC now owns 353 shares of the textile maker's stock worth $37,000 after purchasing an additional 298 shares during the last quarter. IMA Advisory Services Inc. acquired a new position in shares of Crocs during the 1st quarter worth $40,000. Brooklyn Investment Group acquired a new position in shares of Crocs during the 1st quarter worth $40,000. Finally, Allworth Financial LP increased its stake in shares of 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. Institutional investors and hedge funds own 93.44% of the company's stock.

Crocs Stock Down 0.3%

CROX stock opened at $80.95 on Friday. Crocs has a 12 month low of $73.76 and a 12 month high of $151.13. The firm has a market cap of $4.42 billion, a PE ratio of 21.70, a P/E/G ratio of 1.87 and a beta of 1.40. The firm has a 50 day simple moving average of $93.64 and a 200 day simple moving average of $99.35. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.54 and a quick ratio of 0.97.

Crocs (NASDAQ:CROX - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The textile maker reported $4.23 EPS 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 the consensus estimate of $1.15 billion. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The firm's quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.01 EPS. Crocs has set its Q3 2025 guidance at EPS. Equities research analysts forecast 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.

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