Carter’s (NYSE:CRI) Updates FY 2025 Earnings Guidance

Carter’s (NYSE:CRI) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 3.200-3.800 for the period, compared to the consensus EPS estimate of 4.950. The company issued revenue guidance of $2.8 billion-$2.9 billion, compared to the consensus revenue estimate of $2.8 billion. Carter’s also updated its FY25 guidance to $3.20-3.80 EPS.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Citigroup decreased their price target on shares of Carter’s from $50.00 to $45.00 and set a “neutral” rating on the stock in a research note on Wednesday. UBS Group dropped their price target on Carter’s from $57.00 to $49.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, Wells Fargo & Company reduced their price objective on Carter’s from $65.00 to $48.00 and set an “equal weight” rating on the stock in a research report on Wednesday. One analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $55.20.

Carter’s Price Performance

NYSE:CRI traded down $0.70 during mid-day trading on Thursday, hitting $41.63. 533,222 shares of the company’s stock traded hands, compared to its average volume of 1,075,797. Carter’s has a 1 year low of $41.61 and a 1 year high of $88.03. The company has a market cap of $1.50 billion, a PE ratio of 6.62, a price-to-earnings-growth ratio of 3.37 and a beta of 1.21. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.96 and a current ratio of 2.21. The firm’s 50 day simple moving average is $52.84 and its 200 day simple moving average is $58.26.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Tuesday, February 25th. The textile maker reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.52. The firm had revenue of $859.70 million during the quarter, compared to the consensus estimate of $835.82 million. Carter’s had a return on equity of 27.15% and a net margin of 8.11%. The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.76 EPS. Sell-side analysts expect that Carter’s will post 5.15 EPS for the current year.

Carter’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 10th will be given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 7.69%. The ex-dividend date is Monday, March 10th. Carter’s’s dividend payout ratio is presently 50.79%.

About Carter’s

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.