Carter’s (NYSE:CRI) Downgraded by Zacks Research to “Strong Sell”

Carter’s (NYSE:CRI) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Tuesday,Zacks.com reports. Zacks Research also issued estimates for Carter’s’ Q4 2025 earnings at $2.03 EPS, FY2025 earnings at $3.60 EPS, Q1 2026 earnings at $0.56 EPS, Q2 2026 earnings at $0.31 EPS, Q3 2026 earnings at $0.42 EPS, Q4 2026 earnings at $1.25 EPS, FY2026 earnings at $2.53 EPS, Q1 2027 earnings at $0.83 EPS, Q2 2027 earnings at $0.45 EPS, Q3 2027 earnings at $0.84 EPS and FY2027 earnings at $3.77 EPS.

A number of other analysts have also recently issued reports on CRI. Citigroup upped their target price on Carter’s from $28.00 to $34.00 and gave the company a “neutral” rating in a research report on Tuesday, October 28th. Barclays increased their price objective on Carter’s from $23.00 to $26.00 and gave the company an “underweight” rating in a report on Tuesday, October 28th. Wells Fargo & Company lifted their target price on shares of Carter’s from $22.00 to $25.00 and gave the company an “underweight” rating in a report on Tuesday, October 28th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Carter’s in a research note on Tuesday, October 14th. Finally, UBS Group lifted their price objective on shares of Carter’s from $26.00 to $33.00 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Two investment analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Carter’s currently has a consensus rating of “Strong Sell” and an average price target of $29.50.

Carter’s Trading Down 0.7%

NYSE CRI opened at $33.20 on Tuesday. The firm’s fifty day moving average price is $30.38 and its 200 day moving average price is $30.42. Carter’s has a 12 month low of $23.38 and a 12 month high of $58.13. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.26 and a quick ratio of 1.03. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 13.44 and a beta of 1.08.

Carter’s (NYSE:CRI) last announced its quarterly earnings results on Monday, October 27th. The textile maker reported $0.74 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.04). The company had revenue of $757.84 million during the quarter, compared to analysts’ expectations of $760.11 million. Carter’s had a net margin of 3.15% and a return on equity of 16.71%. Carter’s’s revenue was down .1% on a year-over-year basis. During the same period last year, the firm earned $1.64 earnings per share. On average, sell-side analysts expect that Carter’s will post 5.15 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Carter’s

Large investors have recently modified their holdings of the business. Allworth Financial LP grew its holdings in Carter’s by 313.1% during the first quarter. Allworth Financial LP now owns 723 shares of the textile maker’s stock worth $28,000 after acquiring an additional 548 shares during the period. Signaturefd LLC grew its stake in shares of Carter’s by 269.0% during the 2nd quarter. Signaturefd LLC now owns 1,000 shares of the textile maker’s stock worth $30,000 after purchasing an additional 729 shares during the period. Hantz Financial Services Inc. increased its holdings in shares of Carter’s by 1,208.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,295 shares of the textile maker’s stock valued at $37,000 after purchasing an additional 1,196 shares in the last quarter. Versant Capital Management Inc lifted its stake in shares of Carter’s by 135.4% in the third quarter. Versant Capital Management Inc now owns 1,415 shares of the textile maker’s stock valued at $40,000 after purchasing an additional 814 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in Carter’s by 202.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker’s stock worth $45,000 after buying an additional 995 shares in the last quarter.

Carter’s Company Profile

Carter’s, Inc engages in the business of brand marketing of young children’s apparel. It operates through the following segments: the United States (US) Retail, US Wholesale, and International. The US Retail segment includes selling products through retail stores and ecommerce websites. The US Wholesale segment focuses on wholesale partners.