Seaport Res Ptn Predicts Crocs' Q1 Earnings (NASDAQ:CROX)

Crocs, Inc. (NASDAQ:CROX - Free Report) - Equities researchers at Seaport Res Ptn issued their Q1 2025 earnings per share (EPS) estimates for shares of Crocs in a research note issued to investors on Thursday, February 13th. Seaport Res Ptn analyst M. Kummetz forecasts that the textile maker will post earnings of $2.52 per share for the quarter. The consensus estimate for Crocs' current full-year earnings is $13.20 per share. Seaport Res Ptn also issued estimates for Crocs' Q2 2025 earnings at $4.09 EPS, Q3 2025 earnings at $3.80 EPS, FY2026 earnings at $13.65 EPS and FY2027 earnings at $14.45 EPS.

A number of other research firms have also weighed in on CROX. StockNews.com lowered shares of Crocs from a "buy" rating to a "hold" rating in a research report on Thursday. Guggenheim dropped their price target on shares of Crocs from $155.00 to $150.00 and set a "buy" rating on the stock in a research note on Monday, February 3rd. KeyCorp lowered their price objective on Crocs from $150.00 to $120.00 and set an "overweight" rating on the stock in a report on Thursday, January 23rd. Needham & Company LLC reissued a "buy" rating and set a $129.00 target price on shares of Crocs in a research note on Thursday, February 13th. Finally, Monness Crespi & Hardt reduced 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. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $143.53.

Crocs Stock Performance

NASDAQ CROX traded down $2.07 during trading on Monday, reaching $108.88. The company's stock had a trading volume of 1,791,438 shares, compared to its average volume of 1,705,508. Crocs has a twelve month low of $88.25 and a twelve month high of $165.32. The business's fifty day moving average price is $105.55 and its 200-day moving average price is $118.92. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.70 and a current ratio of 1.18. The firm has a market cap of $6.10 billion, a price-to-earnings ratio of 6.81, a P/E/G ratio of 1.77 and a beta of 1.93.

Crocs (NASDAQ:CROX - Get Free Report) last released its earnings results on Thursday, February 13th. The textile maker reported $2.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.27 by $0.25. Crocs had a return on equity of 46.27% and a net margin of 23.16%.

Institutional Investors Weigh In On Crocs

A number of hedge funds have recently made changes to their positions in CROX. Jupiter Wealth Management LLC increased its holdings in shares of Crocs by 28.6% during the fourth quarter. Jupiter Wealth Management LLC now owns 8,100 shares of the textile maker's stock worth $887,000 after buying an additional 1,800 shares in the last quarter. CSS LLC IL bought a new stake in Crocs during the 4th quarter worth approximately $617,000. White Knight Strategic Wealth Advisors LLC acquired a new stake in Crocs during the 4th quarter valued at $306,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Crocs by 8.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 202,974 shares of the textile maker's stock valued at $22,232,000 after purchasing an additional 15,586 shares during the last quarter. Finally, Vident Advisory LLC raised its position in Crocs by 35.1% in the 4th quarter. Vident Advisory LLC now owns 15,544 shares of the textile maker's stock valued at $1,703,000 after purchasing an additional 4,038 shares during the last quarter. Institutional investors and hedge funds own 93.44% of the company's stock.

Insider Activity

In other Crocs news, EVP Adam Michaels sold 15,000 shares of Crocs stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $106.69, for a total transaction of $1,600,350.00. Following the completion of the transaction, the executive vice president now directly owns 89,323 shares of the company's stock, valued at approximately $9,529,870.87. This trade represents a 14.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.72% of the company's stock.

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.