Carters Inc (NYSE: CRI) is -55.25% lower on its value in year-to-date trading and has touched a low of $23.50 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 $26.3 in the last trading session, with the day’s gains setting it 0.23%.
Currently trading at $26.53, the stock is -15.20% and -16.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.5 million and changing 0.87% at the moment leaves the stock -40.57% off its SMA200. CRI registered -51.04% loss for a year compared to 6-month loss of -50.99%. The firm has a 50-day simple moving average (SMA 50) of $31.7782 and a 200-day simple moving average (SMA200) of $44.6382.
The stock witnessed a -13.07% gain in the last 1 month and extending the period to 3 months gives it a -21.67%, and is -15.54% 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 6.73% over the week and 4.85% over the month.
Carters Inc (CRI) has around 15350 employees, a market worth around $966.78M and $2.83B in sales. Current P/E ratio is 7.05 and Fwd P/E is 11.28. Profit margin for the company is 4.69%. Distance from 52-week low is 12.92% and -63.15% from its 52-week high. The company has generated returns on investments over the last 12 months (7.16%).
The EPS is expected to shrink by -52.40% this year.
Carters Inc (CRI) Top Institutional Holders
405.0 institutions hold shares in Carters Inc (CRI), with institutional investors hold 125.32% of the company’s shares. The shares outstanding are 36.47M, and float is at 35.09M with Short Float at 14.08%. Institutions hold 121.38% 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.
