Carter's (CRI) to Release Quarterly Earnings on Wednesday

Carter's (NYSE:CRI) is scheduled to be announcing its earnings results before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $2.18 per share for the quarter.

Shares of Carter's (CRI) opened at $119.61 on Wednesday. The stock has a market capitalization of $5,660.00, a P/E ratio of 23.05, a price-to-earnings-growth ratio of 1.77 and a beta of 0.32. The company has a current ratio of 3.20, a quick ratio of 1.34 and a debt-to-equity ratio of 0.89. Carter's has a 12-month low of $79.76 and a 12-month high of $129.00.

A number of equities research analysts have issued reports on CRI shares. Zacks Investment Research raised Carter's from a “hold” rating to a “buy” rating and set a $132.00 target price for the company in a research report on Thursday, January 11th. B. Riley upped their target price on Carter's from $111.00 to $124.00 and gave the stock a “buy” rating in a research report on Monday, December 18th. Oppenheimer set a $112.00 target price on Carter's and gave the stock a “buy” rating in a research report on Thursday, October 26th. SunTrust Banks started coverage on Carter's in a research report on Thursday, December 21st. They set a “hold” rating and a $126.00 target price for the company. Finally, FBR & Co reiterated a “buy” rating and set a $111.00 price target on shares of Carter's in a report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $112.69.

In other Carter's news, CFO Richard F. Westenberger sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $105.02, for a total value of $525,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Greg Foglesong sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 2nd. The shares were sold at an average price of $117.98, for a total value of $707,880.00. The disclosure for this sale can be found here. In the last three months, insiders sold 67,047 shares of company stock worth $7,205,644. 3.10% of the stock is owned by insiders.

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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.

Earnings History for Carter's (NYSE:CRI)

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