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The closing price of Carters Inc (NYSE: CRI) was $56.39 for the day, down -0.98% from the previous closing price of $56.95. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 2.17 million shares were traded. CRI stock price reached its highest trading level at $58.11 during the session, while it also had its lowest trading level at $56.27.
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 11.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.34. 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:
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 2368515328 and an Enterprise Value of 2970375680. As of this moment, Carters’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.92, and their Forward P/E ratio for the next fiscal year is 11.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 1.045 whereas that against EBITDA is 8.099.
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 -14.55%, while the 200-Day Moving Average is calculated to be -19.50%.
Shares Statistics:
CRI traded an average of 1.23M shares per day over the past three months and 1548440 shares per day over the past ten days. 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 118.44% stake in the company. Shares short for CRI as of 1728950400 were 5060799 with a Short Ratio of 4.13, compared to 1726185600 on 5418980. Therefore, it implies a Short% of Shares Outstanding of 5060799 and a Short% of Float of 14.38.
Dividends & Splits
With its trailing 12-month dividend rate of 3.15, CRI has a forward annual dividend rate of 3.15. Against a Trailing Annual Dividend Yield of 0.055311676The stock’s 5-year Average Dividend Yield is 1.66.
