Crocs (NASDAQ:CROX) Updates FY 2025 Earnings Guidance

Crocs (NASDAQ:CROX) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 12.700-13.150 for the period, compared to the consensus earnings per share estimate of 12.580. The company issued revenue guidance of $4.2 billion-$4.2 billion, compared to the consensus revenue estimate of $4.2 billion. Crocs also updated its Q1 2025 guidance to 2.380-2.520 EPS.

Crocs Trading Up 23.9 %

Shares of Crocs stock opened at $110.05 on Friday. The company’s fifty day simple moving average is $105.75 and its 200-day simple moving average is $119.61. The company has a market cap of $6.41 billion, a price-to-earnings ratio of 7.98, a PEG ratio of 1.67 and a beta of 1.93. The company has a current ratio of 1.43, a quick ratio of 0.90 and a debt-to-equity ratio of 0.82. Crocs has a 1 year low of $88.25 and a 1 year high of $165.32.

Crocs (NASDAQ:CROX) last posted its quarterly earnings results on Thursday, February 13th. The textile maker reported $2.52 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.25. Crocs had a net margin of 20.50% and a return on equity of 49.70%. As a group, sell-side analysts expect that Crocs will post 12.92 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on CROX shares. UBS Group decreased their price target on shares of Crocs from $146.00 to $122.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. Loop Capital downgraded shares of Crocs from a “buy” rating to a “hold” rating and decreased their price target for the stock from $150.00 to $110.00 in a research note on Thursday, November 7th. Barclays cut their price objective on Crocs from $164.00 to $125.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Guggenheim cut their price objective on Crocs from $155.00 to $150.00 and set a “buy” rating for the company in a report on Monday, February 3rd. Finally, Monness Crespi & Hardt cut their price objective on Crocs from $170.00 to $140.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Four research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Crocs presently has a consensus rating of “Moderate Buy” and an average price target of $145.33.

Crocs Company Profile

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.