Analysts Set Crocs, Inc. (NASDAQ:CROX) PT at $103.42

Crocs, Inc. (NASDAQ:CROX) has earned a consensus recommendation of “Hold” from the fifteen brokerages that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $101.4545.

Several research analysts recently commented on the stock. The Goldman Sachs Group raised their price target on shares of Crocs from $71.00 to $81.00 and gave the stock a “sell” rating in a research note on Friday, February 13th. Stifel Nicolaus boosted their price objective on shares of Crocs from $90.00 to $99.00 and gave the company a “hold” rating in a research report on Friday, February 13th. Monness Crespi & Hardt upped their target price on shares of Crocs from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. KeyCorp reaffirmed a “sector weight” rating on shares of Crocs in a research report on Thursday, January 22nd. Finally, BTIG Research started coverage on shares of Crocs in a research report on Tuesday, March 10th. They set a “neutral” rating on the stock.

Insider Transactions at Crocs

In other Crocs news, EVP Anne Mehlman sold 12,145 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $100.06, for a total transaction of $1,215,228.70. Following the transaction, the executive vice president directly owned 131,112 shares in the company, valued at $13,119,066.72. This trade represents a 8.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 3.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Crocs

Several hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Crocs by 159.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock valued at $79,000 after acquiring an additional 459 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Crocs by 4.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 211,305 shares of the textile maker’s stock worth $22,441,000 after acquiring an additional 8,331 shares in the last quarter. Creative Planning grew its holdings in Crocs by 11.0% during the 2nd quarter. Creative Planning now owns 9,682 shares of the textile maker’s stock worth $981,000 after acquiring an additional 958 shares in the last quarter. Legal & General Group Plc increased its position in Crocs by 6.9% during the 2nd quarter. Legal & General Group Plc now owns 98,736 shares of the textile maker’s stock valued at $10,000,000 after purchasing an additional 6,381 shares during the period. Finally, American Century Companies Inc. increased its position in Crocs by 22.6% during the 2nd quarter. American Century Companies Inc. now owns 293,585 shares of the textile maker’s stock valued at $29,734,000 after purchasing an additional 54,190 shares during the period. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Crocs Stock Performance

Shares of Crocs stock opened at $83.66 on Tuesday. The stock’s fifty day moving average is $85.82 and its two-hundred day moving average is $84.39. The company has a market capitalization of $4.20 billion, a PE ratio of -66.40, a price-to-earnings-growth ratio of 0.97 and a beta of 1.54. The company has a quick ratio of 0.74, a current ratio of 1.27 and a debt-to-equity ratio of 0.95. Crocs has a 52 week low of $73.21 and a 52 week high of $122.84.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.92 by $0.37. The business had revenue of $957.64 million for the quarter, compared to analyst estimates of $916.16 million. Crocs had a positive return on equity of 45.17% and a negative net margin of 2.01%.The business’s revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the firm posted $2.52 earnings per share. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. As a group, analysts expect that Crocs will post 13.2 earnings per share for the current year.

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.