Healthy Upside Potential: Carters Inc (CRI)

With 0.69 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.23 million shares. During the session, the Apparel Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $55.81 whereas the lowest price it dropped to was $54.86. The 52-week range on CRI shows that it touched its highest point at $88.03 and its lowest point at $50.27 during that stretch. It currently has a 1-year price target of $56.25. With its current market cap of 1.99 billion, CRI has annualized dividend of $3.95 while the current yield stands at 7.18%. CRI paid its most recent dividend on 1732492800, while the ex-dividend date for that was 1732492800. Beta for the stock currently stands at 1.23.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRI was up-trending over the past week, with a rise of 7.93%, but this was down by -1.43% over a month. Three-month performance dropped to -16.64% while six-month performance fell -15.62%. The stock lost -18.27% in the past year, while it has lost -26.55% so far this year. A look at the trailing 12-month EPS for CRI yields 6.32 with Next year EPS estimates of 5.01. For the next quarter, that number is 1.88. This implies an EPS growth rate of -14.22% for this year and -5.68% for next year. EPS is expected to decline by -7.93% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 0.77%.

Float and Shares Shorts:

At present, 36.55 million CRI shares are outstanding with a float of 34.94 million shares on hand for trading. On 2024-11-15, short shares totaled 4.43 million, which was 1229.0 higher than short shares on 1728950400. In addition to Mr. Michael D. Casey as the firm’s CEO, President & Chairman, Mr. Richard F. Westenberger CPA serves as its Senior EVP, CFO & COO.

Institutional Ownership:

Through their ownership of 1.13333 of CRI’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-28, CRI reported revenue of $758464000.0 and operating income of $77040000.0. The EBITDA in the recently reported quarter was $92538000.0 and diluted EPS was $1.62.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRI since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CRI analysts setting a high price target of 65.0 and a low target of 50.0, the average target price over the next 12 months is 56.25. Based on these targets, CRI could surge 18.16% to reach the target high and fall by -9.11% to reach the target low. Reaching the average price target will result in a growth of 2.25% from current levels.

Analysts have provided yearly estimates in a range of $5.34368 being high and $5.27891 being low. For CRI, this leads to a yearly average estimate of $5.30971. The surprise factor in the prior quarter was $0.5. Based on analyst estimates, the high estimate for the next quarter is $0.89 and the low estimate is $0.84. The average estimate for the next quarter is thus $0.86.