Brokerages Set Crocs, Inc. (NASDAQ:CROX) Price Target at $105.33

Key Points

• Crocs, Inc. has received an average rating of "Moderate Buy" from analysts, with thirteen firms covering the stock; one analyst rated it a sell, four as hold, and eight as buy.
• Recent changes in price targets include UBS lowering their target from $110 to $85, and Needham raising theirs from $89 to $100, indicating varied analyst sentiment on the stock's future performance.
• The company reported earnings of $4.23 per share for the latest quarter, surpassing consensus estimates, and its year-over-year revenue grew by 3.4%.

Crocs, Inc. (NASDAQ:CROX - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the thirteen research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $105.3333.

Several equities research analysts have commented on CROX shares. Bank of America lowered their price target on shares of Crocs from $135.00 to $99.00 and set a "buy" rating on the stock in a report on Friday, August 8th. KeyCorp lowered their price target on shares of Crocs from $120.00 to $95.00 and set an "overweight" rating on the stock in a report on Friday, August 8th. The Goldman Sachs Group lowered their price target on shares of Crocs from $88.00 to $87.00 and set a "sell" rating on the stock in a report on Tuesday, July 22nd. UBS Group lowered their price target on shares of Crocs from $110.00 to $85.00 and set a "neutral" rating on the stock in a report on Monday, August 11th. Finally, Needham & Company LLC upped their price objective on shares of Crocs from $89.00 to $100.00 and gave the stock a "buy" rating in a research report on Friday, August 29th.

Insider Transactions at Crocs

In other news, Director John B. Replogle acquired 3,261 shares of the firm's stock in a transaction 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 transaction, the director owned 15,417 shares in the company, valued at approximately $1,182,329.73. The trade was a 26.83% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Susan L. Healy acquired 2,000 shares of the firm's stock in a transaction on Tuesday, August 12th. The stock was purchased at an average price of $76.56 per share, with a total value of $153,120.00. Following the transaction, the executive vice president owned 50,078 shares of the company's stock, 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. Corporate insiders own 3.00% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Costello Asset Management INC acquired a new position in shares of Crocs in the first quarter worth about $32,000. Larson Financial Group LLC raised its position 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 about $40,000. Brooklyn Investment Group acquired a new position in shares of Crocs during the 1st quarter worth about $40,000. Finally, Allworth Financial LP raised its position 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 Performance

NASDAQ:CROX traded up $1.55 during mid-day trading on Friday, hitting $80.54. The company's stock had a trading volume of 2,649,264 shares, compared to its average volume of 1,703,020. Crocs has a 1 year low of $73.76 and a 1 year high of $151.13. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.54 and a quick ratio of 0.97. The stock has a market cap of $4.40 billion, a price-to-earnings ratio of 21.59, a PEG ratio of 1.82 and a beta of 1.40. The business's fifty day moving average is $91.43 and its two-hundred day moving average is $98.70.

Crocs (NASDAQ:CROX - Get Free Report) last posted 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. Crocs had a net margin of 5.72% and a return on equity of 44.15%. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the prior year, the company earned $4.01 earnings per share. The firm's revenue was up 3.4% on a year-over-year basis. Crocs has set its Q3 2025 guidance at EPS. Analysts anticipate that Crocs will post 13.2 EPS 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.