Brokerages Set Carter’s, Inc. (NYSE:CRI) Target Price at $35.83

Shares of Carter’s, Inc. (NYSE:CRI) have earned a consensus recommendation of “Hold” from the nine brokerages that are currently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $35.8333.

A number of analysts recently commented on the company. UBS Group lifted their price target on Carter’s from $33.00 to $40.00 and gave the stock a “neutral” rating in a report on Thursday, February 19th. Zacks Research upgraded Carter’s from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 19th. Weiss Ratings raised Carter’s from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, March 19th. Monness Crespi & Hardt upgraded Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 target price on the stock in a research note on Monday, March 2nd. Finally, The Goldman Sachs Group boosted their price target on shares of Carter’s from $26.00 to $29.00 and gave the stock a “sell” rating in a report on Tuesday, January 13th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CRI. Corient Private Wealth LLC lifted its stake in Carter’s by 66.5% in the fourth quarter. Corient Private Wealth LLC now owns 19,349 shares of the textile maker’s stock valued at $627,000 after purchasing an additional 7,728 shares during the last quarter. Kera Capital Partners Inc. bought a new position in Carter’s during the fourth quarter valued at $298,000. Invesco Ltd. increased its position in Carter’s by 23.0% in the fourth quarter. Invesco Ltd. now owns 268,789 shares of the textile maker’s stock worth $8,717,000 after buying an additional 50,243 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in Carter’s by 2.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 30,279 shares of the textile maker’s stock worth $982,000 after buying an additional 629 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of Carter’s in the fourth quarter valued at $331,000.

Carter’s Trading Up 0.1%

Shares of CRI stock opened at $34.85 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.44 and a current ratio of 2.51. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 13.83, a PEG ratio of 5.07 and a beta of 1.07. Carter’s has a 52-week low of $23.38 and a 52-week high of $44.44. The company has a 50-day simple moving average of $36.73 and a two-hundred day simple moving average of $33.39.

Carter’s (NYSE:CRI) last posted its earnings results on Friday, February 27th. The textile maker reported $1.90 EPS for the quarter, topping the consensus estimate of $1.70 by $0.20. The firm had revenue of $925.45 million for the quarter, compared to analysts’ expectations of $912.36 million. Carter’s had a net margin of 3.17% and a return on equity of 14.45%. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the firm earned $2.39 EPS. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. Research analysts anticipate that Carter’s will post 5.15 EPS for the current fiscal year.

Carter’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were given a $0.25 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $1.00 annualized dividend and a yield of 2.9%. Carter’s’s payout ratio is currently 39.68%.

Carter’s Company Profile

Carter’s, Inc (NYSE: CRI) is a leading designer and marketer of infant and young children’s apparel in North America. Headquartered in Atlanta, Georgia, the company’s core business focuses on creating clothing and accessories for babies and children, including bodysuits, sleepwear, layette, outerwear and accessories that blend comfort, safety and style. Carter’s flagship brand is complemented by its OshKosh B’gosh line, which offers heritage-inspired designs and durable fabrics for toddlers and young kids.

The company distributes its products through a diversified platform that includes wholesale partnerships with major department stores and mass merchandisers, direct‐to‐consumer e-commerce sites, and an extensive network of company-operated retail stores.