Carter’s (NYSE:CRI) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Carter’s, Inc. (NYSE:CRI) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $36.22 and traded as high as $42.66. Carter’s shares last traded at $41.6040, with a volume of 1,333,669 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on CRI shares. UBS Group boosted their price target on shares of Carter’s from $40.00 to $41.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Weiss Ratings cut shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Monness Crespi & Hardt lifted their price objective on shares of Carter’s from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Needham & Company LLC started coverage on shares of Carter’s in a research report on Thursday, March 26th. They issued a “hold” rating for the company. Finally, Wall Street Zen raised Carter’s from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Carter’s currently has an average rating of “Hold” and an average price target of $41.17.

Carter’s Stock Down 2.2%

The firm has a market cap of $1.53 billion, a PE ratio of 16.78 and a beta of 0.87. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.80. The company’s 50-day simple moving average is $37.80 and its two-hundred day simple moving average is $36.22.

Carter’s (NYSE:CRI) last announced its quarterly earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.26. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The business had revenue of $681.11 million for the quarter, compared to analyst estimates of $660.59 million. During the same quarter last year, the firm earned $0.66 EPS. The company’s revenue was up 8.1% on a year-over-year basis. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. On average, analysts predict that Carter’s, Inc. will post 3.09 earnings per share for the current fiscal year.

Carter’s Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Tuesday, May 26th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Tuesday, May 26th. Carter’s’s payout ratio is currently 40.32%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Hantz Financial Services Inc. raised its holdings in shares of Carter’s by 21.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,577 shares of the textile maker’s stock valued at $51,000 after acquiring an additional 282 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Carter’s by 13.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,160 shares of the textile maker’s stock valued at $135,000 after acquiring an additional 479 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in Carter’s by 2.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 30,279 shares of the textile maker’s stock valued at $982,000 after acquiring an additional 629 shares in the last quarter. UMB Bank n.a. increased its position in Carter’s by 445.8% during the 4th quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock valued at $25,000 after purchasing an additional 633 shares during the period. Finally, Sound Income Strategies LLC increased its position in Carter’s by 9.9% during the 4th quarter. Sound Income Strategies LLC now owns 7,487 shares of the textile maker’s stock valued at $243,000 after purchasing an additional 673 shares during the period.

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.