Crocs (NASDAQ:CROX) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Crocs, Inc. (NASDAQ:CROX)’s share price passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $119.86 and traded as high as $151.82. Crocs shares last traded at $150.26, with a volume of 4,895,137 shares changing hands.

Crocs News Roundup

Here are the key news stories impacting Crocs this week:

• Positive Sentiment: Quarterly earnings and revenue beat expectations. Crocs reported adjusted EPS of $3.69 versus the $3.31 analyst consensus, while revenue increased 4.7% year over year to approximately $1.04 billion, ahead of estimates near $1.00 billion. Crocs quarterly earnings report
• Positive Sentiment: Management raised its full-year forecast for the third consecutive time. Crocs now expects 2026 revenue growth of approximately 3%, up from its prior 1%–2% outlook, and projects fourth-quarter revenue growth of roughly 7%–9%. Crocs Q3 results and outlook
• Positive Sentiment: HEYDUDE returned to growth. HEYDUDE revenue increased about 6%, easing concerns about the struggling brand and strengthening the case for a broader recovery. Crocs Brand revenue also grew approximately 4.4%. Reuters HEYDUDE turnaround article
• Positive Sentiment: Profitability and shareholder returns improved. Gross margin expanded to 66.2% from 58.5% a year earlier, operating income rose more than 40%, and the company repurchased approximately $250 million of stock during the quarter.
• Positive Sentiment: Analysts became more bullish. Barclays raised its price target to $178 and assigned an “overweight” rating, while Needham raised its target to $190 and reiterated a “buy” rating. Barclays CROX rating
• Neutral Sentiment: Technical coverage highlights that CROX has moved above its 20-day and 50-day moving averages and reached a new 52-week high, signaling positive momentum but also increasing the risk of profit-taking after the sharp advance. CROX moving average analysis
• Negative Sentiment: Some commentary notes that international growth is helping offset weaker U.S. performance, while tariff-related benefits and buybacks contributed to the earnings improvement. These factors could make comparisons less favorable if they do not persist.

Analysts Set New Price Targets

CROX has been the subject of a number of research analyst reports. Needham & Company LLC boosted their price objective on Crocs from $150.00 to $190.00 and gave the stock a “buy” rating in a report on Thursday. Barclays increased their target price on Crocs from $139.00 to $178.00 and gave the stock an “overweight” rating in a research note on Friday. BTIG Research reissued a “neutral” rating on shares of Crocs in a report on Thursday. Weiss Ratings upgraded Crocs from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Finally, The Goldman Sachs Group reaffirmed a “sell” rating and issued a $128.00 price objective on shares of Crocs in a report on Friday. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $158.30.

Crocs Stock Up 0.2%

The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.96 and a current ratio of 1.44. The stock has a market cap of $7.22 billion, a P/E ratio of 11.24, a P/E/G ratio of 1.23 and a beta of 1.56. The stock’s fifty day simple moving average is $120.41 and its 200-day simple moving average is $109.73.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, October 29th. The textile maker reported $3.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.31 by $0.38. Crocs had a net margin of 16.20% and a return on equity of 49.35%. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter in the prior year, the business posted $2.92 EPS. The business’s revenue was up 4.7% compared to the same quarter last year. As a group, research analysts forecast that Crocs, Inc. will post 14.26 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Beth J. Kaplan acquired 885 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was acquired at an average cost of $112.12 per share, for a total transaction of $99,226.20. Following the completion of the acquisition, the director directly owned 15,259 shares of the company’s stock, valued at approximately $1,710,839.08. This trade represents a 6.16% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Andrew Rees sold 19,072 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $138.91, for a total value of $2,649,291.52. Following the transaction, the chief executive officer directly owned 713,293 shares of the company’s stock, valued at approximately $99,083,530.63. This represents a 2.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Crocs

Several hedge funds and other institutional investors have recently bought and sold shares of CROX. Capital CS Group LLC bought a new stake in shares of Crocs in the 3rd quarter worth $451,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Crocs during the third quarter valued at about $62,000. Vise Technologies Inc. lifted its position in shares of Crocs by 253.5% during the third quarter. Vise Technologies Inc. now owns 7,799 shares of the textile maker’s stock valued at $915,000 after purchasing an additional 5,593 shares in the last quarter. State of Wyoming boosted its holdings in Crocs by 531.1% during the third quarter. State of Wyoming now owns 4,651 shares of the textile maker’s stock worth $546,000 after purchasing an additional 3,914 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in Crocs by 93.0% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 38,182 shares of the textile maker’s stock worth $4,479,000 after purchasing an additional 18,400 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

About Crocs

Crocs, Inc is a global footwear company best known for its Crocs brand of casual, lightweight shoes. Its product portfolio includes clogs, sandals, slides, boots and other casual footwear, along with accessories such as Jibbitz charms, which are designed to personalize Crocs shoes.

The company was founded in 2002 and introduced its first clog that year. Crocs has expanded from its original molded footwear into a broader lifestyle brand, offering products for women, men and children through company-operated and third-party retail stores, e-commerce platforms and wholesale partners.

In 2022, Crocs completed its acquisition of HEYDUDE, adding the casual shoe brand to its portfolio.