The price of Carters Inc (NYSE: CRI) closed at $84.54 in the last session, up 0.93% from day before closing price of $83.76. In other words, the price has increased by $+0.78 from its previous closing price. On the day, 1128509 shares were traded.
Ratios:
We take a closer look at CRI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.57. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 1.28 whereas as Long-Term Debt/Eq ratio is at 1.12.
On January 26, 2023, Wedbush Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $78.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 13 ’24 when Jenkins Jeff sold 1,060 shares for $86.00 per share. The transaction valued at 91,160 led to the insider holds 35,173 shares of the business.
CASEY MICHAEL DENNIS sold 89,139 shares of CRI for $6,685,425 on Dec 14 ’23. The Chairman and CEO now owns 390,731 shares after completing the transaction at $75.00 per share. On Dec 08 ’23, another insider, D’Emilio Julie, who serves as the EVP, Sales of the company, sold 3,400 shares for $72.50 each. As a result, the insider received 246,500 and left with 42,783 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRI now has a Market Capitalization of 3.08B and an Enterprise Value of 3.81B. As of this moment, Carters’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.48, and their Forward P/E ratio for the next fiscal year is 12.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 3.66. Its current Enterprise Value per Revenue stands at 1.29 whereas that against EBITDA is 9.53.
Stock Price History:
Over the past 52 weeks, CRI has reached a high of $88.03, while it has fallen to a 52-week low of $60.65. The 50-Day Moving Average of the stock is 79.40, while the 200-Day Moving Average is calculated to be 72.54.
Shares Statistics:
According to the various share statistics, CRI traded on average about 728.46K shares per day over the past 3-months and 1.12M shares per day over the past 10 days. A total of 36.55M shares are outstanding, with a floating share count of 35.41M. Insiders hold about 2.94% of the company’s shares, while institutions hold 113.17% stake in the company. Shares short for CRI as of Feb 29, 2024 were 2.82M with a Short Ratio of 3.87, compared to 3.83M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.73% and a Short% of Float of 7.95%.
Dividends & Splits
The forward annual dividend rate for CRI is 3.05, which was 3.00 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 3.58%, it implies a Forward Annual Dividend Yield of 3.61%. The stock’s 5-year Average Dividend Yield is 1.66. The current Payout Ratio is 48.10% for CRI, which recently paid a dividend on Mar 29, 2024 with an ex-dividend date of Mar 08, 2024. Stock splits for the company last occurred on Jun 07, 2006 when the company split stock in a 2:1 ratio.
Earnings Estimates
The company has 6 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.75 for the current quarter, with a high estimate of $0.98 and a low estimate of $0.6, while EPS last year was $0.98. The consensus estimate for the next quarter is $0.83, with high estimates of $1.01 and low estimates of $0.65.
Analysts are recommending an EPS of between $6.6 and $6 for the fiscal current year, implying an average EPS of $6.35. EPS for the following year is $6.66, with 7 analysts recommending between $7.09 and $5.95.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $639M. It ranges from a high estimate of $660.17M to a low estimate of $620.91M. As of the current estimate, Carters Inc’s year-ago sales were $648.58M, an estimated decrease of -1.50% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $618.38M, an increase of 3.10% over than the figure of -$1.50% in the same quarter last year. There is a high estimate of $638.34M for the next quarter, whereas the lowest estimate is $595.29M.
A total of 6 analysts have provided revenue estimates for CRI’s current fiscal year. The highest revenue estimate was $2.99B, while the lowest revenue estimate was $2.93B, resulting in an average revenue estimate of $2.96B. In the same quarter a year ago, actual revenue was $2.95B, up 0.60% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $3.02B in the next fiscal year. The high estimate is $3.07B and the low estimate is $2.93B. The average revenue growth estimate for next year is up 2.00% from the average revenue estimate for this year.
