Crocs (NASDAQ:CROX) Issues Quarterly Earnings Results, Beats Estimates By $0.25 EPS

Crocs (NASDAQ:CROX) posted its earnings results on Thursday. The textile maker reported $2.52 EPS for the quarter, topping the consensus estimate of $2.27 by $0.25, Zacks reports. Crocs had a return on equity of 49.70% and a net margin of 20.50%. Crocs updated its FY 2025 guidance to 12.700-13.150 EPS and its Q1 2025 guidance to 2.380-2.520 EPS.

Crocs Trading Down 1.5 %

NASDAQ CROX opened at $108.43 on Friday. The stock has a 50-day moving average of $105.73 and a 200-day moving average of $119.44. The firm has a market cap of $6.32 billion, a PE ratio of 7.86, a price-to-earnings-growth 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.

Analyst Ratings Changes

Several research firms recently commented on CROX. Raymond James cut Crocs from an “outperform” rating to a “market perform” rating in a research report on Wednesday, October 30th. KeyCorp cut their price objective on Crocs from $150.00 to $120.00 and set an “overweight” rating for the company in a report on Thursday, January 23rd. Bank of America upped their price objective on Crocs from $144.00 to $153.00 and gave the stock a “buy” rating in a report on Friday. Loop Capital cut Crocs from a “buy” rating to a “hold” rating and cut their price objective for the stock from $150.00 to $110.00 in a report on Thursday, November 7th. 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 investment 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, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $142.87.

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.