Key Points
- Director Beth Kaplan bought 885 Crocs shares at an average price of $112.12, investing $99,226.20 and increasing her direct ownership by 6.16% to 15,259 shares.
- Crocs reported quarterly earnings of $4.55 per share, exceeding estimates by $0.20, while revenue rose 2.6% year over year to $1.18 billion. The company guided for fiscal 2026 EPS of $13.70–$14.00.
- Analysts maintain a “Moderate Buy” consensus with a $139.10 price target, while institutional investors own 93.44% of Crocs’ outstanding stock.
Crocs, Inc. (NASDAQ:CROX - Get Free Report) Director Beth Kaplan purchased 885 shares of the business's stock in a transaction that occurred on Tuesday, September 15th. The shares were purchased at an average cost of $112.12 per share, with a total value of $99,226.20. Following the completion of the acquisition, the director directly owned 15,259 shares of the company's stock, valued at $1,710,839.08. This represents a 6.16% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Crocs Stock Performance
Shares of CROX stock opened at $115.40 on Thursday. The company has a market cap of $5.53 billion, a price-to-earnings ratio of 9.97, a price-to-earnings-growth ratio of 0.93 and a beta of 1.52. The stock has a 50 day simple moving average of $126.86 and a 200-day simple moving average of $111.65. Crocs, Inc. has a 12-month low of $73.21 and a 12-month high of $141.28. The company has a current ratio of 1.49, a quick ratio of 0.96 and a debt-to-equity ratio of 0.94.
Crocs (NASDAQ:CROX - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share for the quarter, beating analysts' consensus estimates of $4.35 by $0.20. Crocs had a return on equity of 47.75% and a net margin of 14.64%.The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the business earned ($8.82) earnings per share. The company's revenue for the quarter was up 2.6% compared to the same quarter last year. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. On average, equities analysts forecast that Crocs, Inc. will post 13.95 EPS for the current year.
Wall Street Analysts Forecast Growth
CROX has been the topic of a number of recent analyst reports. Stifel Nicolaus upped their price target on shares of Crocs from $105.00 to $125.00 and gave the stock a "hold" rating in a research note on Monday, June 15th. Seaport Research Partners raised their price objective on shares of Crocs from $135.00 to $160.00 and gave the company a "buy" rating in a research note on Monday, July 20th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Crocs in a report on Monday, June 8th. They set a "buy" rating on the stock. Wedbush started coverage on shares of Crocs in a research report on Monday, June 8th. They set an "outperform" rating on the stock. Finally, Monness Crespi & Hardt increased their target price on shares of Crocs from $130.00 to $160.00 and gave the company a "buy" rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $139.10.
Read Our Latest Analysis on Crocs
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC increased its holdings in Crocs by 96.3% in the 1st quarter. Root Financial Partners LLC now owns 320 shares of the textile maker's stock valued at $27,000 after buying an additional 157 shares during the period. PNC Financial Services Group Inc. boosted its holdings in Crocs by 4.1% during the first quarter. PNC Financial Services Group Inc. now owns 4,490 shares of the textile maker's stock valued at $373,000 after purchasing an additional 176 shares in the last quarter. Traub Capital Management LLC raised its holdings in shares of Crocs by 7.5% in the 1st quarter. Traub Capital Management LLC now owns 3,225 shares of the textile maker's stock worth $268,000 after buying an additional 225 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Crocs by 15.1% during the 2nd quarter. GAMMA Investing LLC now owns 2,394 shares of the textile maker's stock worth $289,000 after buying an additional 314 shares during the period. Finally, Global Retirement Partners LLC acquired a new position in Crocs during the second quarter worth $42,000. Hedge funds and other institutional investors own 93.44% of the company's stock.
About Crocs
(
Get Free Report)
Crocs, Inc is a global footwear company best known for its lightweight, molded clogs made from proprietary Croslite material. The company designs, manufactures, markets and distributes casual footwear, sandals, boots, slippers and accessories under the Crocs brand, including customizable Jibbitz charms.
Founded in 2002, Crocs has expanded its product range beyond its original clog design to offer footwear for women, men and children. In 2022, the company acquired HEYDUDE, a casual footwear brand known for lightweight shoes, loafers and slip-ons.
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