Carter’s, Inc. (NYSE:CRI) Chairman Michael Dennis Casey sold 26,524 shares of Carter’s stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $99.14, for a total value of $2,629,589.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Carter’s, Inc. (NYSE CRI) traded down $0.40 during trading on Tuesday, reaching $99.19. The company’s stock had a trading volume of 531,349 shares, compared to its average volume of 652,855. The company has a quick ratio of 1.34, a current ratio of 3.20 and a debt-to-equity ratio of 0.89. Carter’s, Inc. has a twelve month low of $77.94 and a twelve month high of $100.24. The company has a market capitalization of $4,690.00, a P/E ratio of 18.66, a price-to-earnings-growth ratio of 1.91 and a beta of 0.33.

Carter’s (NYSE:CRI) last released its earnings results on Thursday, October 26th. The textile maker reported $1.70 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.65 by $0.05. Carter’s had a return on equity of 33.38% and a net margin of 7.69%. The business had revenue of $948.23 million for the quarter, compared to the consensus estimate of $950.64 million. During the same period in the previous year, the company posted $1.61 earnings per share. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year. equities analysts expect that Carter’s, Inc. will post 5.64 EPS for the current fiscal year.

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A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. boosted its holdings in Carter’s by 1.8% in the second quarter. BlackRock Inc. now owns 4,110,338 shares of the textile maker’s stock worth $365,614,000 after acquiring an additional 71,765 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Carter’s by 1,216.2% in the second quarter. Janus Henderson Group PLC now owns 3,399,870 shares of the textile maker’s stock worth $302,418,000 after acquiring an additional 3,141,568 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in Carter’s by 1,428.4% in the second quarter. Lazard Asset Management LLC now owns 2,289,358 shares of the textile maker’s stock worth $203,638,000 after acquiring an additional 2,139,567 shares in the last quarter. State Street Corp boosted its holdings in Carter’s by 1.7% in the second quarter. State Street Corp now owns 1,321,596 shares of the textile maker’s stock worth $117,556,000 after acquiring an additional 22,158 shares in the last quarter. Finally, Harris Associates L P boosted its holdings in Carter’s by 3.2% in the second quarter. Harris Associates L P now owns 968,440 shares of the textile maker’s stock worth $86,143,000 after acquiring an additional 29,845 shares in the last quarter. 98.40% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently weighed in on the company. Zacks Investment Research lowered Carter’s from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. Citigroup Inc. lifted their price target on Carter’s from $108.00 to $112.00 and gave the company a “buy” rating in a research report on Friday, October 27th. BidaskClub lowered Carter’s from a “hold” rating to a “sell” rating in a research report on Monday, August 14th. Oppenheimer Holdings, Inc. set a $112.00 price target on Carter’s and gave the company a “buy” rating in a research report on Thursday, October 26th. Finally, FBR & Co restated a “buy” rating and set a $111.00 price target on shares of Carter’s in a research report on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $104.09.

About Carter’s

Carter’s, Inc (Carter’s) is a marketer of apparel for babies and young children in the United States and Canada. The Company owns two brand names in the children’s apparel industry, Carter’s and OshKosh B’gosh (OshKosh). The Company operates through five segments: Carter’s Retail, Carter’s Wholesale, OshKosh Retail, OshKosh Wholesale and International.

Insider Buying and Selling by Quarter for Carter`s (NYSE:CRI)

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