A number of firms have modified their ratings and price targets on shares of Crocs (NASDAQ: CROX) recently:
- 10/30/2024 – Crocs had its price target lowered by analysts at KeyCorp from $155.00 to $150.00. They now have an “overweight” rating on the stock.
- 10/30/2024 – Crocs had its price target lowered by analysts at Robert W. Baird from $190.00 to $180.00. They now have an “outperform” rating on the stock.
- 10/30/2024 – Crocs had its price target lowered by analysts at UBS Group AG from $146.00 to $122.00. They now have a “neutral” rating on the stock.
- 10/30/2024 – Crocs was downgraded by analysts at Raymond James from an “outperform” rating to a “market perform” rating.
- 10/30/2024 – Crocs was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
- 10/30/2024 – Crocs had its price target lowered by analysts at Loop Capital from $155.00 to $150.00. They now have a “buy” rating on the stock.
- 10/30/2024 – Crocs had its price target lowered by analysts at Guggenheim from $182.00 to $155.00. They now have a “buy” rating on the stock.
- 10/30/2024 – Crocs had its price target lowered by analysts at Monness Crespi & Hardt from $170.00 to $140.00. They now have a “buy” rating on the stock.
- 10/29/2024 – Crocs had its price target lowered by analysts at Barclays PLC from $164.00 to $125.00. They now have an “overweight” rating on the stock.
- 10/15/2024 – Crocs was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
- 10/9/2024 – Crocs is now covered by analysts at Guggenheim. They set a “buy” rating and a $182.00 price target on the stock.
- 10/7/2024 – Crocs was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
- 9/26/2024 – Crocs had its price target raised by analysts at KeyCorp from $149.00 to $155.00. They now have an “overweight” rating on the stock.
Crocs Stock Down 1.5 %
Shares of NASDAQ:CROX opened at $106.21 on Monday. The company has a quick ratio of 0.95, a current ratio of 1.43 and a debt-to-equity ratio of 0.82. The firm’s 50-day simple moving average is $135.60 and its 200-day simple moving average is $138.24. Crocs, Inc. has a fifty-two week low of $74.00 and a fifty-two week high of $165.32. The company has a market cap of $6.19 billion, a price-to-earnings ratio of 7.70, a PEG ratio of 1.09 and a beta of 2.01.
Crocs (NASDAQ:CROX – Get Free Report) last announced its earnings results on Tuesday, October 29th. The textile maker reported $3.60 EPS for the quarter, beating analysts’ consensus estimates of $3.10 by $0.50. The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.05 billion. Crocs had a return on equity of 49.70% and a net margin of 20.50%. Crocs’s quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.25 EPS. As a group, equities research analysts predict that Crocs, Inc. will post 12.93 earnings per share for the current year.
Insider Transactions at Crocs
Institutional Investors Weigh In On Crocs
Large investors have recently made changes to their positions in the company. National Bank of Canada FI raised its position in Crocs by 8,437.1% in the second quarter. National Bank of Canada FI now owns 182,695 shares of the textile maker’s stock worth $26,993,000 after purchasing an additional 180,555 shares in the last quarter. Pacer Advisors Inc. lifted its position in Crocs by 15.1% during the 2nd quarter. Pacer Advisors Inc. now owns 1,091,097 shares of the textile maker’s stock valued at $159,235,000 after purchasing an additional 142,944 shares during the period. Marshall Wace LLP bought a new position in Crocs in the second quarter valued at approximately $19,598,000. LSV Asset Management boosted its position in shares of Crocs by 73.3% in the 1st quarter. LSV Asset Management now owns 300,413 shares of the textile maker’s stock worth $43,199,000 after purchasing an additional 127,100 shares during the last quarter. Finally, Distillate Capital Partners LLC acquired a new position in shares of Crocs during the 2nd quarter worth about $13,483,000. Institutional investors own 93.44% of the company’s stock.
Crocs, Inc, together with its subsidiaries, designs, develops, manufactures, markets, distributes, and sells casual lifestyle footwear and accessories for men, women, and children under Crocs and HEYDUDE Brand in the United States and internationally. The company offers various footwear products, including clogs, sandals, slides, flips, wedges, platforms, socks, boots, charms, flip flops, sneakers, and slippers.
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