At the time of writing, Carters Inc [CRI] stock is trading at $68.21, up 2.93%. An important factor to consider is whether the stock is rising or falling in short-term value. The CRI shares have gain 6.21% over the last week, with a monthly amount glided 19.12%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Carters Inc [NYSE: CRI] stock has seen the most recent analyst activity on February 26, 2024, when Monness Crespi & Hardt downgraded its rating to a Neutral. Previously, Wedbush downgraded its rating to Neutral on January 26, 2023, and kept the price target unchanged to $78. On May 23, 2022, downgrade downgraded it’s rating to Sell. BofA Securities downgraded its rating to a Underperform and decreased its price target to $82 on April 27, 2022. Wedbush upgraded its rating to a Outperform but $108 remained the price target by the analyst firm on March 07, 2022. Wedbush started tracking with a Neutral rating for this stock on October 05, 2021, and assigned it a price target of $99. In a note dated May 03, 2021, Monness Crespi & Hardt reiterated an Buy rating on this stock and boosted its target price from $100 to $120.
For the past year, the stock price of Carters Inc fluctuated between $54.74 and $88.03. Currently, Wall Street analysts expect the stock to reach $72 within the next 12 months. Carters Inc [NYSE: CRI] shares were valued at $68.21 at the most recent close of the market. An investor can expect a potential return of 5.56% based on the average CRI price forecast.
Analyzing the CRI fundamentals
According to Carters Inc [NYSE:CRI], the company’s sales were 2.88B for trailing twelve months, which represents an -5.96% plunge. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.29 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.77.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 66.81 points at the first support level, and at 65.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 69.31, and for the 2nd resistance point, it is at 70.41.
Ratios To Look Out For
It is important to note that Carters Inc [NYSE:CRI] has a current ratio of 2.09. On the other hand, the Quick Ratio is 0.95, and the Cash Ratio is 0.6. Considering the valuation of this stock, the price to sales ratio is 0.86, the price to book ratio is 3.05 and price to earnings (TTM) ratio is 10.52.
Transactions by insiders
Recent insider trading involved Hipp Mark, Director, that happened on Mar 06 ’24 when 1875.0 shares were sold. EVP Global Marketing, Jenkins Jeff completed a deal on Mar 13 ’24 to sell 1060.0 shares. Meanwhile, Chairman and CEO CASEY MICHAEL DENNIS sold 89139.0 shares on Dec 14 ’23.
