Carter’s (NYSE:CRI) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Carter’s, Inc. (NYSE:CRI)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $33.53 and traded as high as $36.35. Carter’s shares last traded at $35.9250, with a volume of 781,882 shares traded.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CRI. Zacks Research upgraded Carter’s from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. Needham & Company LLC started coverage on shares of Carter’s in a research report on Thursday, March 26th. They set a “hold” rating on the stock. UBS Group increased their price objective on shares of Carter’s from $33.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Wall Street Zen raised shares of Carter’s from a “sell” rating to a “hold” rating in a research note on Sunday, January 11th. Finally, Monness Crespi & Hardt raised shares of Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price target for the company in a research report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $35.83.

Carter’s Stock Performance

The firm has a market capitalization of $1.31 billion, a PE ratio of 14.26, a price-to-earnings-growth ratio of 5.34 and a beta of 0.98. 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 stock has a 50-day moving average price of $36.63 and a 200-day moving average price of $33.54.

Carter’s (NYSE:CRI) last announced its earnings results on Friday, February 27th. The textile maker reported $1.90 earnings per share (EPS) 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 company had revenue of $925.45 million for the quarter, compared to analyst estimates of $912.36 million. During the same period in the previous year, the firm earned $2.39 earnings per share. Carter’s’s revenue for the quarter 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, research analysts expect that Carter’s, Inc. will post 5.15 EPS for the current fiscal year.

Carter’s Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, March 13th. Carter’s’s dividend payout ratio (DPR) is 39.68%.

Hedge Funds Weigh In On Carter’s

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. RWWM Inc. lifted its holdings in shares of Carter’s by 44.8% during the 3rd quarter. RWWM Inc. now owns 5,900,170 shares of the textile maker’s stock valued at $166,503,000 after buying an additional 1,824,379 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Carter’s by 113.7% in the second quarter. AQR Capital Management LLC now owns 2,564,457 shares of the textile maker’s stock valued at $77,267,000 after acquiring an additional 1,364,698 shares during the period. Rubric Capital Management LP bought a new stake in Carter’s in the 4th quarter valued at $14,918,000. Allianz Asset Management GmbH lifted its stake in shares of Carter’s by 43.7% in the third quarter. Allianz Asset Management GmbH now owns 1,201,996 shares of the textile maker’s stock valued at $33,920,000 after buying an additional 365,501 shares during the period. Finally, Quantinno Capital Management LP grew its position in Carter’s by 1,679.7% during the second quarter. Quantinno Capital Management LP now owns 370,791 shares of the textile maker’s stock worth $11,172,000 after buying an additional 349,957 shares in the last quarter.

About Carter’s

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.