Carter’s, Inc. (NYSE:CRI) Receives Average Recommendation of “Hold” from Analysts

Carter’s, Inc. (NYSE:CRI) has received an average recommendation of “Hold” from the nine analysts that are presently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $41.1667.

A number of brokerages have weighed in on CRI. Weiss Ratings cut shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Monness Crespi & Hardt lifted their price target on shares of Carter’s from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Wells Fargo & Company upgraded shares of Carter’s from an “underweight” rating to an “equal weight” rating and increased their price objective for the stock from $30.00 to $42.00 in a research note on Wednesday, June 17th. Wall Street Zen raised shares of Carter’s from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. Finally, Needham & Company LLC initiated coverage on Carter’s in a research note on Thursday, March 26th. They issued a “hold” rating for the company.

Carter’s Stock Performance

NYSE CRI opened at $39.06 on Friday. The business’s 50-day moving average price is $38.79 and its 200 day moving average price is $37.03. The company has a current ratio of 2.80, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. Carter’s has a twelve month low of $23.38 and a twelve month high of $44.44. The company has a market capitalization of $1.44 billion, a PE ratio of 15.75 and a beta of 0.86.

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

Carter’s Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Tuesday, May 26th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Tuesday, May 26th. Carter’s’s payout ratio is currently 40.32%.

Institutional Trading of Carter’s

Institutional investors have recently modified their holdings of the company. Royal Bank of Canada boosted its position in shares of Carter’s by 50.2% in the 1st quarter. Royal Bank of Canada now owns 40,649 shares of the textile maker’s stock valued at $1,663,000 after purchasing an additional 13,594 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Carter’s by 5.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 120,964 shares of the textile maker’s stock worth $4,947,000 after buying an additional 6,195 shares during the period. Russell Investments Group Ltd. raised its holdings in Carter’s by 4.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 16,482 shares of the textile maker’s stock worth $497,000 after buying an additional 734 shares during the period. Hsbc Holdings PLC lifted its stake in Carter’s by 71.5% during the second quarter. Hsbc Holdings PLC now owns 9,390 shares of the textile maker’s stock valued at $282,000 after buying an additional 3,915 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Carter’s by 30.4% during the second quarter. Invesco Ltd. now owns 223,731 shares of the textile maker’s stock valued at $6,741,000 after buying an additional 52,103 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.