Carter’s (NYSE:CRI) Raised to Buy at Monness Crespi & Hardt

Carter’s (NYSE:CRI) was upgraded by equities researchers at Monness Crespi & Hardt from a “neutral” rating to a “buy” rating in a report issued on Monday, MarketBeat reports. The brokerage currently has a $45.00 price target on the textile maker’s stock. Monness Crespi & Hardt’s target price indicates a potential upside of 25.80% from the stock’s previous close.

CRI has been the subject of several other research reports. Weiss Ratings upgraded shares of Carter’s from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, February 19th. UBS Group increased their target price on shares of Carter’s from $33.00 to $40.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. The Goldman Sachs Group lifted their price target on shares of Carter’s from $26.00 to $29.00 and gave the stock a “sell” rating in a research report on Tuesday, January 13th. Zacks Research raised Carter’s from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. Finally, Wall Street Zen upgraded Carter’s from a “sell” rating to a “hold” rating in a research report on Sunday, January 11th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $35.83.

Carter’s Stock Up 2.3%

Shares of CRI stock opened at $35.77 on Monday. Carter’s has a 1 year low of $23.38 and a 1 year high of $44.44. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.44 and a current ratio of 2.51. The business’s fifty day moving average is $36.56 and its 200-day moving average is $32.50. The stock has a market cap of $1.30 billion, a PE ratio of 14.19 and a beta of 1.07.

Carter’s (NYSE:CRI) last announced its quarterly earnings data on Friday, February 27th. The textile maker reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.20. The business had revenue of $925.45 million during the quarter, compared to analyst estimates of $912.36 million. Carter’s had a return on equity of 14.45% and a net margin of 3.17%.The company’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.39 earnings per share. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. Equities analysts expect that Carter’s will post 5.15 earnings per share for the current fiscal year.

Institutional Trading of Carter’s

A number of hedge funds have recently modified their holdings of the business. UMB Bank n.a. boosted its position in shares of Carter’s by 445.8% in the fourth quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock worth $25,000 after buying an additional 633 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in Carter’s by 555.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker’s stock worth $31,000 after acquiring an additional 945 shares in the last quarter. Hantz Financial Services Inc. boosted its position in Carter’s by 1,208.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,295 shares of the textile maker’s stock worth $37,000 after acquiring an additional 1,196 shares during the period. Versant Capital Management Inc grew its stake in Carter’s by 135.4% during the 3rd quarter. Versant Capital Management Inc now owns 1,415 shares of the textile maker’s stock valued at $40,000 after acquiring an additional 814 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in Carter’s by 202.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 995 shares in the last quarter.

Carter’s Company Profile

Carter’s, Inc (NYSE: CRI) is a leading designer and marketer of infant and young children’s apparel in North America. Headquartered in Atlanta, Georgia, the company’s core business focuses on creating clothing and accessories for babies and children, including bodysuits, sleepwear, layette, outerwear and accessories that blend comfort, safety and style. Carter’s flagship brand is complemented by its OshKosh B’gosh line, which offers heritage-inspired designs and durable fabrics for toddlers and young kids.

The company distributes its products through a diversified platform that includes wholesale partnerships with major department stores and mass merchandisers, direct‐to‐consumer e-commerce sites, and an extensive network of company-operated retail stores.