Seaport Res Ptn Issues Negative Estimate for Crocs Earnings

Key Points

• Seaport Res Ptn analysts have reduced their Q2 2025 earnings per share estimate for Crocs, Inc. to $4.05, down from the previous estimate of $4.20.
• Crocs recently reported $4.23 earnings per share for the last quarter, surpassing the consensus estimate of $4.03 by $0.20.
• Analysts maintain a consensus rating of "Moderate Buy" for Crocs, with price targets ranging widely from $110.00 to $135.00.

Crocs, Inc. (NASDAQ:CROX - Free Report) - Equities researchers at Seaport Res Ptn reduced their Q2 2025 earnings estimates for shares of Crocs in a research report issued on Monday, August 4th. Seaport Res Ptn analyst M. Kummetz now forecasts that the textile maker will earn $4.05 per share for the quarter, down from their prior estimate of $4.20. The consensus estimate for Crocs' current full-year earnings is $13.20 per share. Seaport Res Ptn also issued estimates for Crocs' FY2025 earnings at $12.72 EPS, FY2026 earnings at $13.09 EPS and FY2027 earnings at $13.87 EPS.

Crocs (NASDAQ:CROX - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the business earned $4.01 earnings per share. The company's revenue was up 3.4% on a year-over-year basis.

Several other analysts also recently weighed in on the company. UBS Group restated a "neutral" rating and set a $110.00 price objective (up from $105.00) on shares of Crocs in a research report on Monday, July 28th. Needham & Company LLC dropped their target price on shares of Crocs from $129.00 to $89.00 and set a "buy" rating for the company in a report on Thursday. Bank of America reduced their price target on shares of Crocs from $135.00 to $99.00 and set a "buy" rating on the stock in a research note on Friday. Stifel Nicolaus reiterated a "hold" rating and set a $85.00 price objective (down from $127.00) on shares of Crocs in a research report on Friday. Finally, Monness Crespi & Hardt dropped their price objective on shares of Crocs from $140.00 to $92.00 and set a "buy" rating for the company in a research note on Friday. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $110.85.

Crocs Price Performance

Shares of CROX traded up $0.85 during midday trading on Thursday, hitting $75.24. The company's stock had a trading volume of 6,461,768 shares, compared to its average volume of 2,024,057. The company has a quick ratio of 0.97, a current ratio of 1.54 and a debt-to-equity ratio of 0.97. Crocs has a one year low of $73.76 and a one year high of $151.13. The stock has a market capitalization of $4.22 billion, a price-to-earnings ratio of 20.17, a price-to-earnings-growth ratio of 1.54 and a beta of 1.41. The company's fifty day simple moving average is $101.82 and its two-hundred day simple moving average is $102.22.

Insider Transactions at Crocs

In other news, Director Ian Bickley sold 3,044 shares of Crocs stock in a transaction on Monday, May 12th. The shares were sold at an average price of $115.89, for a total transaction of $352,769.16. Following the transaction, the director owned 27,505 shares in the company, valued at approximately $3,187,554.45. The trade was a 9.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.00% of the company's stock.

Institutional Trading of Crocs

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Costello Asset Management INC acquired a new position in shares of Crocs in the 1st quarter worth approximately $32,000. Larson Financial Group LLC raised its stake in Crocs by 541.8% during the first quarter. Larson Financial Group LLC now owns 353 shares of the textile maker's stock worth $37,000 after buying an additional 298 shares during the last quarter. IMA Advisory Services Inc. acquired a new position in Crocs in the first quarter valued at $40,000. Brooklyn Investment Group bought a new stake in Crocs during the first quarter valued at $40,000. Finally, Allworth Financial LP boosted its position in Crocs by 120.7% during the second quarter. Allworth Financial LP now owns 448 shares of the textile maker's stock valued at $45,000 after acquiring an additional 245 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors and hedge funds.

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.