rts logo

Carters Inc (CRI) Stock Could Soon Reward Patient Investors

Carters Inc (NYSE: CRI) is -36.98% lower on its value in year-to-date trading and has touched a low of $32.04 and a high of $72.11 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 $34.43 in the last trading session, with the day’s loss setting it -0.28%.

Currently trading at $34.15, the stock is -2.42% and -10.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing -0.81% at the moment leaves the stock -36.01% off its SMA200. CRI registered -50.30% loss for a year compared to 6-month loss of -36.76%.

The stock witnessed a -12.39% gain in the last 1 month and extending the period to 3 months gives it a -32.24%, and is -2.32% 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 3.54% over the week and 4.79% over the month.

Carters Inc (CRI) has around 15350 employees, a market worth around $1.24B and $2.81B in sales. Current P/E ratio is 7.56 and Fwd P/E is 13.53. Profit margin for the company is 5.68%. Distance from 52-week low is 6.59% and -52.64% from its 52-week high. The company has generated returns on investments over the last 12 months (8.66%).

The EPS is expected to shrink by -43.20% this year.

Carters Inc (CRI) Top Institutional Holders

The shares outstanding are 36.24M, and float is at 35.02M with Short Float at 15.47%.

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.

Carters Inc (CRI) Insider Activity

#####

Related Posts