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The closing price of Carters Inc (NYSE: CRI) was $65.99 for the day, down -0.96% from the previous closing price of $66.63. In other words, the price has decreased by -$0.96 from its previous closing price. On the day, 1.47 million shares were traded. CRI stock price reached its highest trading level at $67.245 during the session, while it also had its lowest trading level at $65.98.
Ratios:
Our analysis of CRI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.74. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 2.09. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.15.
On January 26, 2023, Wedbush Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $78.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 06 ’24 when Hipp Mark sold 1,875 shares for $81.74 per share. The transaction valued at 153,261 led to the insider holds 10,216 shares of the business.
Jenkins Jeff sold 1,060 shares of CRI for $91,160 on Mar 13 ’24. The EVP Global Marketing now owns 35,173 shares after completing the transaction at $86.00 per share. On Dec 14 ’23, another insider, CASEY MICHAEL DENNIS, who serves as the Chairman and CEO of the company, sold 89,139 shares for $75.00 each. As a result, the insider received 6,685,425 and left with 390,731 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 2384410112 and an Enterprise Value of 3131029248. As of this moment, Carters’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.18, and their Forward P/E ratio for the next fiscal year is 12.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 2.95. Its current Enterprise Value per Revenue stands at 1.089 whereas that against EBITDA is 8.046.
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 $54.74. The 50-Day Moving Average of the stock is 5.53%, while the 200-Day Moving Average is calculated to be -7.52%.
Shares Statistics:
CRI traded an average of 1.07M shares per day over the past three months and 1040830 shares per day over the past ten days. A total of 36.55M shares are outstanding, with a floating share count of 35.03M. Insiders hold about 3.05% of the company’s shares, while institutions hold 124.08% stake in the company. Shares short for CRI as of 1723680000 were 5588132 with a Short Ratio of 5.21, compared to 1721001600 on 5387578. Therefore, it implies a Short% of Shares Outstanding of 5588132 and a Short% of Float of 15.879999999999999.
Dividends & Splits
With its trailing 12-month dividend rate of 3.1, CRI has a forward annual dividend rate of 3.15. Against a Trailing Annual Dividend Yield of 0.04652559The stock’s 5-year Average Dividend Yield is 1.66.
Earnings Estimates
The current rating of Carters Inc (CRI) reflects the combined expertise of 6.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $1.89, with high estimates of $2.0 and low estimates of $1.68.
Analysts are recommending an EPS of between $5.18 and $4.78 for the fiscal current year, implying an average EPS of $5.01. EPS for the following year is $5.01, with 6.0 analysts recommending between $5.25 and $4.74.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $752.1M to a low estimate of $740.2M. As of the current estimate, Carters Inc’s year-ago sales were $791.65MFor the next quarter, 6 analysts are estimating revenue of $826.48M. There is a high estimate of $837.5M for the next quarter, whereas the lowest estimate is $811.14M.
A total of 6 analysts have provided revenue estimates for CRI’s current fiscal year. The highest revenue estimate was $2.81B, while the lowest revenue estimate was $2.78B, resulting in an average revenue estimate of $2.8B. In the same quarter a year ago, actual revenue was $2.95BBased on 6 analysts’ estimates, the company’s revenue will be $2.82B in the next fiscal year. The high estimate is $2.91B and the low estimate is $2.73B.
