Carter's, Inc. (NYSE:CRI) has received an average rating of “Buy” from the fifteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $112.91.
Several analysts recently issued reports on the company. Citigroup upped their target price on Carter's from $108.00 to $112.00 and gave the stock a “buy” rating in a report on Friday, October 27th. Zacks Investment Research upgraded Carter's from a “hold” rating to a “buy” rating and set a $129.00 target price on the stock in a report on Tuesday, December 26th. Wells Fargo & Co upgraded Carter's from a “market perform” rating to an “outperform” rating in a report on Thursday, January 25th. ValuEngine upgraded Carter's from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, Cowen set a $92.00 price objective on Carter's and gave the company a “hold” rating in a research note on Monday, October 23rd.
In other news, EVP Greg Foglesong sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $117.98, for a total value of $707,880.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Chairman Michael Dennis Casey sold 26,523 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $106.86, for a total value of $2,834,247.78. The disclosure for this sale can be found here. Insiders sold 35,523 shares of company stock worth $3,866,878 in the last ninety days. 3.10% of the stock is owned by company insiders.
Carter's (CRI) traded down $0.74 on Wednesday, reaching $121.00. The company had a trading volume of 313,700 shares, compared to its average volume of 625,670. Carter's has a fifty-two week low of $79.76 and a fifty-two week high of $129.00. The company has a market capitalization of $5,726.12, a price-to-earnings ratio of 23.05, a PEG ratio of 1.83 and a beta of 0.32. The company has a quick ratio of 1.34, a current ratio of 3.20 and a debt-to-equity ratio of 0.89.
Carter’s, Inc (Carter’s) is a marketer of apparel for babies and young children in the United States and Canada. The Company owns two brand names in the children’s apparel industry, Carter’s and OshKosh B’gosh (OshKosh). The Company operates through five segments: Carter’s Retail, Carter’s Wholesale, OshKosh Retail, OshKosh Wholesale and International.
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