Carter’s (NYSE:CRI) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Carter’s, Inc. (NYSE:CRI) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $36.67 and traded as high as $41.59. Carter’s shares last traded at $41.2230, with a volume of 833,964 shares trading hands.

Wall Street Analysts Forecast Growth

CRI has been the topic of several research reports. The Goldman Sachs Group raised Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 price target on the stock in a report on Thursday, April 9th. Wells Fargo & Company raised Carter’s from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $30.00 to $42.00 in a report on Wednesday, June 17th. Wall Street Zen upgraded Carter’s from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. 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 research report on Thursday, May 7th. Finally, Zacks Research lowered Carter’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $41.17.

Carter’s Trading Down 0.9%

The business has a 50-day moving average of $38.62 and a 200-day moving average of $36.72. The company has a quick ratio of 1.72, a current ratio of 2.80 and a debt-to-equity ratio of 0.61. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 16.45 and a beta of 0.85.

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, beating the consensus estimate of $0.13 by $0.26. The business 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 previous year, the company earned $0.66 EPS. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. As a group, research analysts forecast that Carter’s, Inc. will post 3.09 earnings per share for the current year.

Carter’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 26th were issued a dividend of $0.25 per share. The ex-dividend date was Tuesday, May 26th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.5%. Carter’s’s dividend payout ratio (DPR) is currently 40.32%.

Institutional Investors Weigh In On Carter’s

A number of large investors have recently bought and sold shares of the business. UMB Bank n.a. raised its holdings in Carter’s by 445.8% during the fourth quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock valued at $25,000 after buying an additional 633 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of Carter’s by 555.9% during 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 acquiring an additional 945 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of 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 during the last quarter. Hantz Financial Services Inc. raised its stake 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 acquiring an additional 282 shares in the last quarter. Finally, State of Wyoming lifted its holdings in Carter’s by 1,380.6% in the 4th quarter. State of Wyoming now owns 2,132 shares of the textile maker’s stock worth $69,000 after purchasing an additional 1,988 shares during 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.