Carters Inc (NYSE: CRI) is -23.33% lower on its value in year-to-date trading and has touched a low of $39.88 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 $41.50 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $41.55, the stock is -9.57% and -17.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing 0.12% at the moment leaves the stock -29.38% off its SMA200. CRI registered -50.09% loss for a year compared to 6-month loss of -40.12%. The firm has a 50-day simple moving average (SMA 50) of $50.29 and a 200-day simple moving average (SMA200) of $58.83455.
The stock witnessed a -20.42% gain in the last 1 month and extending the period to 3 months gives it a -24.23%, and is 1.09% 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 5.90% over the week and 4.73% over the month.
Carters Inc (CRI) has around 15350 employees, a market worth around $1.50B and $2.84B in sales. Current P/E ratio is 8.10 and Fwd P/E is 10.83. Profit margin for the company is 6.39%. Distance from 52-week low is 4.17% and -52.80% from its 52-week high. The company has generated returns on investments over the last 12 months (9.80%).
with sales reaching $624.86M over the same period.The EPS is expected to shrink by -34.22% this year, but quarterly earnings will post -1.09% year-over-year. Quarterly sales are estimated to shrink -5.54% in year-over-year returns.
442.0 institutions hold shares in Carters Inc (CRI), with institutional investors hold 125.22% of the company’s shares. The shares outstanding are 36.04M, and float is at 34.80M with Short Float at 14.10%. Institutions hold 121.62% of the Float.
The top institutional shareholder in the company is JPMORGAN CHASE & CO with over 4.08 million shares valued at $253.12 million. The investor’s holdings represent 11.4448 of the CRI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.56 million shares valued at $220.31 million to account for 9.9615 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.24 million shares representing 9.0769 and valued at over $200.75 million, while FULLER & THALER ASSET MANAGEMENT, INC. holds 6.972 of the shares totaling 2.49 million with a market value of $154.19 million.
