Stock Market Recap: Carters Inc (CRI) Concludes at 41.27, a -2.09 Surge/Decline

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After finishing at $42.15 in the prior trading day, Carters Inc (NYSE: CRI) closed at $41.27, down -2.09%. In other words, the price has decreased by -$2.09 from its previous closing price. On the day, 1.68 million shares were traded.

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 3.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.13. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 2.25. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.17.

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:

As of this moment, Carters’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.05, and their Forward P/E ratio for the next fiscal year is 10.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 1.74.

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 $41.59. The 50-Day Moving Average of the stock is -21.42%, while the 200-Day Moving Average is calculated to be -31.13%.

Shares Statistics:

A total of 36.04M shares are outstanding, with a floating share count of 34.95M. Insiders hold about 3.01% of the company’s shares, while institutions hold 118.98% stake in the company.

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