Wall Street Zen Downgrades Carter’s (NYSE:CRI) to Hold

Carter’s (NYSE:CRI) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

CRI has been the subject of a number of other research reports. Zacks Research downgraded shares of Carter’s from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. UBS Group restated a “buy” rating on shares of Carter’s in a report on Wednesday, July 8th. Wells Fargo & Company raised shares of Carter’s from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $30.00 to $42.00 in a research report on Wednesday, June 17th. The Goldman Sachs Group upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 target price for the company in a research note on Thursday, April 9th. Finally, Monness Crespi & Hardt raised their price target on Carter’s from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $41.17.

Carter’s Price Performance

Shares of NYSE CRI opened at $38.70 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.80 and a quick ratio of 1.72. The company has a market cap of $1.43 billion, a price-to-earnings ratio of 15.60 and a beta of 0.86. The stock’s 50-day moving average is $39.65 and its two-hundred day moving average is $37.48. Carter’s has a 1-year low of $23.38 and a 1-year high of $44.44.

Carter’s (NYSE:CRI) last announced its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.26. Carter’s had a return on equity of 13.06% and a net margin of 3.07%.The business had revenue of $681.11 million during the quarter, compared to analysts’ expectations of $660.59 million. During the same quarter last year, the business posted $0.66 EPS. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. Analysts forecast that Carter’s will post 3.09 EPS for the current fiscal year.

Institutional Investors Weigh In On Carter’s

Institutional investors and hedge funds have recently bought and sold shares of the stock. UMB Bank n.a. grew its holdings in shares of Carter’s by 445.8% during the fourth quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock worth $25,000 after purchasing an additional 633 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of 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 valued at $31,000 after purchasing an additional 945 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Carter’s by 202.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker’s stock valued at $45,000 after purchasing an additional 995 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of Carter’s by 21.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,577 shares of the textile maker’s stock valued at $51,000 after purchasing an additional 282 shares during the period. Finally, State of Wyoming boosted its position in shares of Carter’s by 1,380.6% in the 4th quarter. State of Wyoming now owns 2,132 shares of the textile maker’s stock valued at $69,000 after purchasing an additional 1,988 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.