Carters Inc (NYSE: CRI) is -28.07% lower on its value in year-to-date trading and has touched a low of $32.54 and a high of $77.32 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 $32.90 in the last trading session, with the day’s gains setting it 6.08%.
Currently trading at $38.98, the stock is -2.07% and -12.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.48 million and changing 18.48% at the moment leaves the stock -30.66% off its SMA200. CRI registered -49.35% loss for a year compared to 6-month loss of -35.97%. The firm has a 50-day simple moving average (SMA 50) of $44.7412 and a 200-day simple moving average (SMA200) of $56.21475.
The stock witnessed a -6.07% gain in the last 1 month and extending the period to 3 months gives it a -24.65%, and is -7.45% down 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 13.11% over the week and 5.98% over the month.
Carters Inc (CRI) has around 15350 employees, a market worth around $1.41B and $2.84B in sales. Current P/E ratio is 7.60 and Fwd P/E is 11.02. Profit margin for the company is 6.39%. Distance from 52-week low is 19.80% and -49.59% 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 -37.82% this year, but quarterly earnings will post -1.45% year-over-year. Quarterly sales are estimated to shrink -5.54% in year-over-year returns.
440.0 institutions hold shares in Carters Inc (CRI), with institutional investors hold 125.14% of the company’s shares. The shares outstanding are 36.04M, and float is at 34.79M with Short Float at 13.08%. Institutions hold 121.54% 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.
