FY2025 EPS Estimates for Crocs Decreased by Seaport Res Ptn

Crocs, Inc. (NASDAQ:CROX) – Equities research analysts at Seaport Res Ptn decreased their FY2025 earnings per share estimates for Crocs in a note issued to investors on Wednesday, February 5th. Seaport Res Ptn analyst M. Kummetz now forecasts that the textile maker will earn $12.70 per share for the year, down from their previous estimate of $12.91. The consensus estimate for Crocs’ current full-year earnings is $12.92 per share. Seaport Res Ptn also issued estimates for Crocs’ FY2026 earnings at $13.67 EPS and FY2027 earnings at $14.62 EPS.

A number of other analysts have also recently commented on CROX. Robert W. Baird cut their price target on shares of Crocs from $190.00 to $180.00 and set an “outperform” rating for the company in a research note on Wednesday, October 30th. Guggenheim lowered their price target on Crocs from $155.00 to $150.00 and set a “buy” rating on the stock in a research report on Monday. Barclays cut their price objective on Crocs from $164.00 to $125.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Loop Capital cut Crocs from a “buy” rating to a “hold” rating and dropped their price target for the company from $150.00 to $110.00 in a research note on Thursday, November 7th. Finally, Monness Crespi & Hardt reduced their price objective on shares of Crocs from $170.00 to $140.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Five equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $146.47.

Crocs Trading Down 1.5 %

Shares of Crocs stock opened at $95.52 on Friday. Crocs has a 12-month low of $95.05 and a 12-month high of $165.32. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.82. The business’s 50 day moving average is $107.31 and its 200-day moving average is $120.84. The stock has a market cap of $5.57 billion, a P/E ratio of 6.93, a P/E/G ratio of 1.78 and a beta of 1.93.

Insiders Place Their Bets

In other news, CFO Susan L. Healy bought 1,000 shares of the firm’s stock in a transaction on Wednesday, November 13th. The shares were purchased at an average cost of $99.70 per share, with a total value of $99,700.00. Following the acquisition, the chief financial officer now directly owns 22,652 shares in the company, valued at $2,258,404.40. This represents a 4.62 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 2.72% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CROX. Pacer Advisors Inc. boosted its holdings in shares of Crocs by 39.6% in the 4th quarter. Pacer Advisors Inc. now owns 2,037,121 shares of the textile maker’s stock valued at $223,126,000 after purchasing an additional 577,467 shares in the last quarter. FMR LLC boosted its stake in Crocs by 4.8% in the third quarter. FMR LLC now owns 8,907,591 shares of the textile maker’s stock valued at $1,289,908,000 after buying an additional 406,287 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec bought a new position in Crocs in the third quarter valued at about $17,122,000. Motley Fool Wealth Management LLC acquired a new position in Crocs during the third quarter worth about $9,097,000. Finally, Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of Crocs by 34.0% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 184,670 shares of the textile maker’s stock worth $20,227,000 after acquiring an additional 46,890 shares during the last quarter. 93.44% of the stock is owned by institutional investors.

About Crocs

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.