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

Carter’s, Inc. (NYSE:CRI) has been assigned an average rating of “Hold” from the nine research firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $41.1667.

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

Institutional Investors Weigh In On Carter’s

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in Carter’s by 50.2% during the first quarter. Royal Bank of Canada now owns 40,649 shares of the textile maker’s stock worth $1,663,000 after buying an additional 13,594 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew 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 valued at $4,947,000 after purchasing an additional 6,195 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Carter’s by 4.7% in 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 in the last quarter. Hsbc Holdings PLC boosted its position in Carter’s by 71.5% in the 2nd 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 during the last quarter. Finally, Invesco Ltd. grew its stake in shares of 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 acquiring an additional 52,103 shares in the last quarter.

Carter’s Stock Performance

NYSE:CRI traded up $1.16 during mid-day trading on Friday, reaching $40.20. The stock had a trading volume of 831,905 shares, compared to its average volume of 842,904. Carter’s has a twelve month low of $23.38 and a twelve month high of $44.44. The business has a 50 day simple moving average of $38.87 and a 200 day simple moving average of $37.06. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 16.21 and a beta of 0.86. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.80.

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

Carter’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Tuesday, May 26th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Tuesday, May 26th. Carter’s’s payout ratio is presently 40.32%.

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.