Market Resilience: Carters Inc (CRI) Finishes Weak at 52.61, Down -2.57

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Carters Inc (NYSE: CRI) closed the day trading at $52.61 down -2.57% from the previous closing price of $54.00. In other words, the price has decreased by -$2.57 from its previous closing price. On the day, 1.99 million shares were traded. CRI stock price reached its highest trading level at $54.38 during the session, while it also had its lowest trading level at $51.98.

Ratios:

For a better understanding of CRI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.83. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 2.21. In the meantime, Its Debt-to-Equity ratio is 1.34 whereas as Long-Term Debt/Eq ratio is at 1.19.

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 1896001280 and an Enterprise Value of 2834149120. As of this moment, Carters’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.32, and their Forward P/E ratio for the next fiscal year is 10.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 2.29. Its current Enterprise Value per Revenue stands at 0.997 whereas that against EBITDA is 7.728.

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 $53.33. The 50-Day Moving Average of the stock is -18.21%, while the 200-Day Moving Average is calculated to be -24.18%.

Shares Statistics:

Over the past 3-months, CRI traded about 1.17M shares per day on average, while over the past 10 days, CRI traded about 1730370 shares per day. A total of 36.55M shares are outstanding, with a floating share count of 34.95M. Insiders hold about 3.01% of the company’s shares, while institutions hold 118.48% stake in the company. Shares short for CRI as of 1728950400 were 5060799 with a Short Ratio of 4.34, compared to 1726185600 on 5418980. Therefore, it implies a Short% of Shares Outstanding of 5060799 and a Short% of Float of 14.42.

Dividends & Splits

CRI’s forward annual dividend rate is 3.15, up from 3.15 a year ago. Against a Trailing Annual Dividend Yield of 0.058333334The stock’s 5-year Average Dividend Yield is 1.66.

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