In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
After finishing at $51.73 in the prior trading day, Carters Inc (NYSE: CRI) closed at $51.04, down -1.33%. In other words, the price has decreased by -$1.33 from its previous closing price. On the day, 1.1 million shares were traded. CRI stock price reached its highest trading level at $51.61 during the session, while it also had its lowest trading level at $50.25.
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 10.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.63. 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.
Wedbush Downgraded its Outperform to Neutral on January 26, 2023, while the target price for the stock was maintained at $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.
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 1839420416 and an Enterprise Value of 2777568000. As of this moment, Carters’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.08, and their Forward P/E ratio for the next fiscal year is 10.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 2.22. Its current Enterprise Value per Revenue stands at 0.977 whereas that against EBITDA is 7.574.
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 $50.27. The 50-Day Moving Average of the stock is -5.95%, while the 200-Day Moving Average is calculated to be -19.94%.
Shares Statistics:
The stock has traded on average 1.30M shares per day over the past 3-months and 844140 shares per day over the last 10 days, according to various share statistics. A total of 36.04M shares are outstanding, with a floating share count of 34.94M. Insiders hold about 3.04% of the company’s shares, while institutions hold 110.97% stake in the company. Shares short for CRI as of 1734048000 were 4057310 with a Short Ratio of 3.12, compared to 1731628800 on 4427947. Therefore, it implies a Short% of Shares Outstanding of 4057310 and a Short% of Float of 11.560000500000001.
Dividends & Splits
In the trailing 12 months, CRI’s forward annual dividend rate was 3.15, compared to 3.20 this year. Against a Trailing Annual Dividend Yield of 0.0608931The stock’s 5-year Average Dividend Yield is 1.66.
