Closing Figures: Carters Inc (CRI)’s Negative Finish at 66.32, Down -1.12

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After finishing at $67.07 in the prior trading day, Carters Inc (NYSE: CRI) closed at $66.32, down -1.12%. In other words, the price has decreased by -$1.12 from its previous closing price. On the day, 1.1 million shares were traded. CRI stock price reached its highest trading level at $66.825 during the session, while it also had its lowest trading level at $64.95.

Ratios:

Our goal is to gain a better understanding of CRI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.77. 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2396333824 and an Enterprise Value of 3142952960. As of this moment, Carters’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.23, and their Forward P/E ratio for the next fiscal year is 13.16. 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 2.96. Its current Enterprise Value per Revenue stands at 1.093 whereas that against EBITDA is 8.077.

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 2.99%, while the 200-Day Moving Average is calculated to be -6.98%.

Shares Statistics:

The stock has traded on average 1.16M shares per day over the past 3-months and 1022130 shares per day over the last 10 days, according to various share statistics. A total of 36.55M shares are outstanding, with a floating share count of 35.05M. Insiders hold about 3.01% of the company’s shares, while institutions hold 119.37% stake in the company. Shares short for CRI as of 1724976000 were 5190870 with a Short Ratio of 4.46, compared to 1722384000 on 6680692. Therefore, it implies a Short% of Shares Outstanding of 5190870 and a Short% of Float of 14.75.

Dividends & Splits

In the trailing 12 months, CRI’s forward annual dividend rate was 3.1, compared to 3.15 this year. Against a Trailing Annual Dividend Yield of 0.046220366The stock’s 5-year Average Dividend Yield is 1.66.

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