Carters Inc (NYSE: CRI) is -33.03% lower on its value in year-to-date trading and has touched a low of $32.04 and a high of $71.99 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 $35.71 in the last trading session, with the day’s gains setting it 0.58%.
Currently trading at $36.29, the stock is 3.95% and -3.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.89 million and changing 1.62% at the moment leaves the stock -31.40% off its SMA200. CRI registered -48.99% loss for a year compared to 6-month loss of -31.11%.
The stock witnessed a 1.06% gain in the last 1 month and extending the period to 3 months gives it a -29.83%, and is 5.40% 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 4.43% over the week and 4.50% over the month.
Carters Inc (CRI) has around 15350 employees, a market worth around $1.32B and $2.81B in sales. Current P/E ratio is 8.03 and Fwd P/E is 13.79. Profit margin for the company is 5.68%. Distance from 52-week low is 13.26% and -49.59% 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 -41.88% this year
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.
