Carters Inc (NYSE: CRI) is -4.45% lower on its value in year-to-date trading and has touched a low of $60.65 and a high of $88.03 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CRI stock was last observed hovering at around $72.64 in the last trading session, with the day’s loss setting it -1.08%.
Currently trading at $71.56, the stock is -5.80% and -10.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -1.49% at the moment leaves the stock -2.68% off its SMA200. CRI registered 5.47% gain for a year compared to 6-month gain of 9.70%.
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The stock witnessed a -12.83% loss in the last 1 month and extending the period to 3 months gives it a -4.38%, and is 0.21% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.40% over the week and 2.50% over the month.
Carters Inc (CRI) has around 15230 employees, a market worth around $2.61B and $2.95B in sales. Current P/E ratio is 11.41 and Fwd P/E is 10.67. Profit margin for the company is 7.75%. Distance from 52-week low is 17.98% and -18.71% from its 52-week high. The company has generated returns on investments over the last 12 months (12.74%).
The EPS is expected to grow by 2.73% this year
The shares outstanding are 36.55M, and float is at 35.41M with Short Float at 11.36%.
Carters Inc (CRI) Insider Activity
The most recent transaction is an insider sale by Jenkins Jeff, the company’s EVP Global Marketing. SEC filings show that Jenkins Jeff sold 1,060 shares of the company’s common stock on Mar 13 ’24 at a price of $86.00 per share for a total of $91160.0. Following the sale, the insider now owns 35173.0 shares.
Carters Inc disclosed in a document filed with the SEC on Mar 06 ’24 that Hipp Mark (Director) sold a total of 1,875 shares of the company’s common stock. The trade occurred on Mar 06 ’24 and was made at $81.74 per share for $0.15 million. Following the transaction, the insider now directly holds 10216.0 shares of the CRI stock.
Still, SEC filings show that on Dec 14 ’23, CASEY MICHAEL DENNIS (Chairman and CEO) disposed off 89,139 shares at an average price of $75.00 for $6.69 million. The insider now directly holds 390,731 shares of Carters Inc (CRI).
