FY2025 Earnings Estimate for Crocs Issued By Seaport Res Ptn

Crocs, Inc. (NASDAQ:CROX) – Research analysts at Seaport Res Ptn cut their FY2025 EPS 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 post earnings per share of $12.70 for the year, down from their previous forecast 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.

CROX has been the topic of a number of other research reports. UBS Group lowered their target price on Crocs from $146.00 to $122.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. Needham & Company LLC initiated coverage on Crocs in a research report on Friday, November 22nd. They issued a “buy” rating and a $116.00 price objective on the stock. Monness Crespi & Hardt cut their target price on shares of Crocs from $170.00 to $140.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. StockNews.com cut shares of Crocs from a “buy” rating to a “hold” rating in a research note on Saturday, January 11th. Finally, Raymond James lowered shares of Crocs from an “outperform” rating to a “market perform” rating in a research report on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $146.47.

Crocs Price Performance

NASDAQ:CROX opened at $93.37 on Friday. The firm’s fifty day moving average is $107.06 and its two-hundred day moving average is $120.56. The firm has a market cap of $5.44 billion, a price-to-earnings ratio of 6.77, a PEG ratio of 1.78 and a beta of 1.93. Crocs has a one year low of $92.39 and a one year high of $165.32. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.90 and a current ratio of 1.43.

Institutional Trading of Crocs

Large investors have recently made changes to their positions in the company. FMR LLC lifted its holdings in Crocs by 4.8% in the 3rd quarter. FMR LLC now owns 8,907,591 shares of the textile maker’s stock valued at $1,289,908,000 after purchasing an additional 406,287 shares in the last quarter. Pacer Advisors Inc. lifted its stake in shares of Crocs by 39.6% in the fourth quarter. Pacer Advisors Inc. now owns 2,037,121 shares of the textile maker’s stock worth $223,126,000 after buying an additional 577,467 shares in the last quarter. State Street Corp boosted its position in Crocs by 0.7% during the third quarter. State Street Corp now owns 1,812,493 shares of the textile maker’s stock worth $262,467,000 after acquiring an additional 13,467 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Crocs by 1.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 715,422 shares of the textile maker’s stock valued at $78,360,000 after acquiring an additional 8,014 shares in the last quarter. Finally, Rheos Capital Works Inc. raised its holdings in Crocs by 30.6% in the 4th quarter. Rheos Capital Works Inc. now owns 192,200 shares of the textile maker’s stock valued at $21,052,000 after acquiring an additional 45,000 shares during the last quarter. 93.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Susan L. Healy bought 1,000 shares of Crocs stock in a transaction on Wednesday, November 13th. The stock was acquired at an average price of $99.70 per share, with a total value of $99,700.00. Following the completion of the acquisition, the chief financial officer now directly owns 22,652 shares of the company’s stock, valued at $2,258,404.40. The trade was 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 link. 2.72% of the stock is currently owned by insiders.

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.