What is Zacks Research’s Forecast for Carter’s Q3 Earnings?

Carter’s, Inc. (NYSE:CRI) – Investment analysts at Zacks Research increased their Q3 2026 earnings per share (EPS) estimates for Carter’s in a note issued to investors on Thursday, February 12th. Zacks Research analyst Team now expects that the textile maker will post earnings per share of $0.51 for the quarter, up from their prior estimate of $0.49. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Carter’s’ current full-year earnings is $5.15 per share. Zacks Research also issued estimates for Carter’s’ Q3 2027 earnings at $0.63 EPS.

Other equities research analysts have also issued research reports about the company. Citigroup upgraded Carter’s from a “neutral” rating to a “buy” rating and upped their target price for the company from $34.00 to $50.00 in a research report on Wednesday, January 21st. The Goldman Sachs Group lifted their target price on Carter’s from $26.00 to $29.00 and gave the stock a “sell” rating in a report on Tuesday, January 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of Carter’s in a research note on Friday, January 9th. Wells Fargo & Company raised their price objective on shares of Carter’s from $22.00 to $25.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 28th. Finally, Wall Street Zen upgraded shares of Carter’s from a “sell” rating to a “hold” rating in a research note on Sunday, January 11th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Carter’s has an average rating of “Reduce” and an average price target of $32.60.

Carter’s Stock Up 5.3%

Carter’s stock opened at $40.15 on Friday. The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 16.25 and a beta of 1.06. Carter’s has a 52-week low of $23.38 and a 52-week high of $54.58. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.95 and a current ratio of 2.26. The firm has a 50 day moving average price of $34.66 and a two-hundred day moving average price of $31.15.

Institutional Trading of Carter’s

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CRI. Hantz Financial Services Inc. increased its stake in Carter’s by 21.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,577 shares of the textile maker’s stock valued at $51,000 after buying an additional 282 shares during the last quarter. Amalgamated Bank boosted its stake in shares of Carter’s by 3.5% in the 3rd quarter. Amalgamated Bank now owns 10,756 shares of the textile maker’s stock worth $304,000 after buying an additional 360 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Carter’s by 13.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 4,160 shares of the textile maker’s stock valued at $135,000 after acquiring an additional 479 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Carter’s by 445.8% in the fourth quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 633 shares in the last quarter. Finally, Sound Income Strategies LLC increased its position in shares of Carter’s by 9.9% during the fourth quarter. Sound Income Strategies LLC now owns 7,487 shares of the textile maker’s stock valued at $243,000 after acquiring an additional 673 shares during the last quarter.

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.