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Carter’s (NYSE:CRI) has received a consensus rating of “Buy” from the eight brokerages that are currently covering the company, Stock Ratings Network.com reports. Two equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $86.00.

Carter’s (NYSE:CRI) traded up 0.17% on Wednesday, hitting $78.22. 24,614 shares of the company’s stock traded hands. Carter’s has a one year low of $64.19 and a one year high of $80.02. The stock has a 50-day moving average of $70.49 and a 200-day moving average of $72.11. The company has a market cap of $4.157 billion and a P/E ratio of 27.13.

Carter’s (NYSE:CRI) last released its earnings data on Thursday, July 24th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. The company had revenue of $574.10 million for the quarter, compared to the consensus estimate of $574.10 million. During the same quarter in the previous year, the company posted $0.46 earnings per share. The company’s revenue for the quarter was up 10.9% on a year-over-year basis. Analysts expect that Carter’s will post $3.90 EPS for the current fiscal year.

A number of analysts have recently weighed in on CRI shares. Analysts at Goldman Sachs reiterated a “buy” rating on shares of Carter’s in a research note on Tuesday, July 22nd. Analysts at Wells Fargo & Co. initiated coverage on shares of Carter’s in a research note on Friday, June 20th. They set a “market perform” rating on the stock.

Carter’s, Inc (NYSE:CRI) is a branded marketer of apparel for babies and young children in the United States.

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