Crocs, Inc. (NASDAQ:CROX – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $122.50 and last traded at $124.1790, with a volume of 23829 shares changing hands. The stock had previously closed at $119.35.
Analyst Upgrades and Downgrades
CROX has been the topic of several research reports. Piper Sandler reiterated a “neutral” rating and issued a $95.00 price target on shares of Crocs in a report on Thursday, February 12th. The Goldman Sachs Group increased their price target on Crocs from $71.00 to $81.00 and gave the stock a “sell” rating in a research report on Friday, February 13th. Wall Street Zen upgraded Crocs from a “hold” rating to a “buy” rating in a research report on Saturday, April 11th. Robert W. Baird set a $150.00 price objective on shares of Crocs and gave the company an “outperform” rating in a report on Monday. Finally, Seaport Research Partners raised shares of Crocs from a “neutral” rating to a “buy” rating and set a $135.00 price target for the company in a report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $111.64.
View Our Latest Stock Analysis on Crocs
Crocs Stock Performance
Crocs (NASDAQ:CROX – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.78 by $0.21. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.The company had revenue of $921.46 million for the quarter, compared to analyst estimates of $900.57 million. During the same quarter last year, the company earned $3.00 EPS. Crocs’s revenue for the quarter was down 1.7% compared to the same quarter last year. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. Analysts predict that Crocs, Inc. will post 13.67 EPS for the current year.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Root Financial Partners LLC raised its stake in shares of Crocs by 96.3% during the first quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock worth $27,000 after purchasing an additional 157 shares during the last quarter. Torren Management LLC acquired a new stake in shares of Crocs in the 4th quarter worth approximately $39,000. Parallel Advisors LLC increased its holdings in Crocs by 60.2% during the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after acquiring an additional 186 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in shares of Crocs during the 3rd quarter worth approximately $48,000. Finally, IMA Advisory Services Inc. grew its holdings in Crocs by 72.7% during the 3rd quarter. IMA Advisory Services Inc. now owns 646 shares of the textile maker’s stock valued at $54,000 after buying an additional 272 shares during the last quarter. 93.44% of the stock is owned by hedge funds and other institutional investors.
Crocs Company Profile
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.
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