Carter’s, Inc. (NYSE:CRI) Receives $35.83 Average PT from Analysts

Shares of Carter’s, Inc. (NYSE:CRI) have earned an average rating of “Hold” from the eight analysts that are currently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $35.8333.

Several research analysts have recently commented on the company. Citigroup upgraded Carter’s from a “neutral” rating to a “buy” rating and raised their price target for the stock from $34.00 to $50.00 in a research report on Wednesday, January 21st. The Goldman Sachs Group increased their price objective on shares of Carter’s from $26.00 to $29.00 and gave the company a “sell” rating in a research report on Tuesday, January 13th. Zacks Research raised Carter’s from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. Monness Crespi & Hardt raised Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price objective on the stock in a report on Monday. Finally, Weiss Ratings raised shares of Carter’s from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, February 19th.

Carter’s Stock Down 2.3%

Shares of NYSE CRI opened at $35.09 on Monday. Carter’s has a 1 year low of $23.38 and a 1 year high of $44.44. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.51 and a quick ratio of 1.44. The company has a market capitalization of $1.28 billion, a P/E ratio of 13.92, a P/E/G ratio of 5.45 and a beta of 1.07. The company has a 50 day simple moving average of $36.60 and a 200-day simple moving average of $32.52.

Carter’s (NYSE:CRI) last released its quarterly earnings results on Friday, February 27th. The textile maker reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.20. Carter’s had a return on equity of 14.45% and a net margin of 3.17%.The business had revenue of $925.45 million during the quarter, compared to analysts’ expectations of $912.36 million. During the same period in the prior year, the business posted $2.39 EPS. The company’s revenue was up 7.7% compared to the same quarter last year. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. On average, equities research analysts predict that Carter’s will post 5.15 earnings per share for the current year.

Carter’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, March 13th. Carter’s’s payout ratio is currently 39.68%.

Institutional Trading of Carter’s

Several hedge funds have recently modified their holdings of the business. RWWM Inc. lifted its stake in shares of Carter’s by 44.8% in the third quarter. RWWM Inc. now owns 5,900,170 shares of the textile maker’s stock valued at $166,503,000 after purchasing an additional 1,824,379 shares during the period. Vanguard Group Inc. raised its holdings in Carter’s by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 4,226,804 shares of the textile maker’s stock valued at $119,280,000 after acquiring an additional 46,560 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Carter’s by 113.7% during the second quarter. AQR Capital Management LLC now owns 2,564,457 shares of the textile maker’s stock worth $77,267,000 after purchasing an additional 1,364,698 shares during the last quarter. Morgan Stanley grew its position in shares of Carter’s by 15.7% in the fourth quarter. Morgan Stanley now owns 1,762,036 shares of the textile maker’s stock valued at $57,143,000 after purchasing an additional 239,469 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in Carter’s by 5.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,597,901 shares of the textile maker’s stock valued at $51,820,000 after purchasing an additional 82,498 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.