Brokerages Set Crocs, Inc. (NASDAQ:CROX) Price Target at $99.25

Crocs, Inc. (NASDAQ:CROX) has received a consensus recommendation of “Hold” from the sixteen analysts that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $99.25.

CROX has been the subject of a number of recent analyst reports. Weiss Ratings raised shares of Crocs from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 12th. Robert W. Baird restated a “neutral” rating and issued a $100.00 price target on shares of Crocs in a research note on Wednesday, January 7th. Bank of America reduced their price target on Crocs from $99.00 to $98.00 and set a “buy” rating for the company in a report on Tuesday, October 21st. Barclays increased their price target on Crocs from $81.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Friday, October 31st. Finally, Citigroup cut Crocs to a “negative” rating in a research report on Tuesday, October 7th.

Crocs Stock Up 0.1%

Shares of CROX stock opened at $83.07 on Thursday. Crocs has a twelve month low of $73.21 and a twelve month high of $122.84. The stock has a market cap of $4.31 billion, a P/E ratio of 27.06 and a beta of 1.54. The stock has a 50 day moving average of $84.97 and a 200 day moving average of $87.31. The company has a current ratio of 1.40, a quick ratio of 0.83 and a debt-to-equity ratio of 0.97.

Crocs (NASDAQ:CROX) last released its quarterly earnings data on Thursday, October 30th. The textile maker reported $2.92 EPS for the quarter, topping the consensus estimate of $2.36 by $0.56. The business had revenue of $996.30 million for the quarter, compared to analyst estimates of $960.14 million. Crocs had a return on equity of 43.14% and a net margin of 4.48%.The business’s quarterly revenue was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.60 EPS. Crocs has set its Q4 2025 guidance at 1.820-1.92 EPS. As a group, sell-side analysts expect that Crocs will post 13.2 EPS for the current year.

Insider Buying and Selling

In related news, Director John B. Replogle purchased 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was bought at an average price of $74.50 per share, with a total value of $223,500.00. Following the acquisition, the director owned 18,417 shares in the company, valued at $1,372,066.50. The trade was a 19.46% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 3.00% of the company’s stock.

Institutional Trading of Crocs

A number of institutional investors have recently made changes to their positions in CROX. Parallel Advisors LLC lifted its position in Crocs by 60.2% in the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after buying an additional 186 shares during the last quarter. Allworth Financial LP lifted its holdings in 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 buying an additional 245 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of Crocs in the second quarter valued at $48,000. FNY Investment Advisers LLC purchased a new position in Crocs in the third quarter valued at $48,000. Finally, Employees Retirement System of Texas acquired a new position in Crocs during the 2nd quarter worth $49,000. 93.44% of the stock is owned by institutional investors and hedge funds.

About Crocs

Crocs, Inc is a global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction. The company’s product portfolio encompasses a range of styles, including clogs, sandals, slides, boots and sneakers, all featuring the slip-resistant, odor-resistant and cushion-providing qualities of the Croslite material. Crocs distributes its products through an omnichannel network that includes e-commerce platforms, company-owned retail stores, authorized dealers and wholesale partners.

Founded in 2002 by Scott Seamans, Lyndon “Duke” Hanson and George Boedecker Jr., Crocs launched its first clog on the island of Vail, Colorado.