Carters Inc (NYSE: CRI) has a price-to-earnings ratio of 11.88x that is above its average ratio. Additionally, the 36-month beta value for CRI is 1.31. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 4 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for CRI is 35.41M and currently, short sellers hold a 10.38% ratio of that float. The average trading volume of CRI on April 12, 2024 was 794.72K shares.
CRI) stock’s latest price update
Carters Inc (NYSE: CRI)’s stock price has increased by 1.28 compared to its previous closing price of 73.58. However, the company has seen a -3.30% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-05 that Whether you’re a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
CRI’s Market Performance
Carters Inc (CRI) has experienced a -3.30% fall in stock performance for the past week, with a -12.86% drop in the past month, and a 0.23% rise in the past quarter. The volatility ratio for the week is 2.31%, and the volatility levels for the past 30 days are at 2.42% for CRI. The simple moving average for the past 20 days is -9.10% for CRI’s stock, with a 1.44% simple moving average for the past 200 days.
Analysts’ Opinion of CRI
Wedbush, on the other hand, stated in their research note that they expect to see CRI reach a price target of $78. The rating they have provided for CRI stocks is “Neutral” according to the report published on January 26th, 2023.
CRI Trading at -8.25% from the 50-Day Moving Average
After a stumble in the market that brought CRI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.35% of loss for the given period.
Volatility was left at 2.42%, however, over the last 30 days, the volatility rate increased by 2.31%, as shares sank -15.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.80% lower at present.
During the last 5 trading sessions, CRI fell by -3.30%, which changed the moving average for the period of 200-days by +11.62% in comparison to the 20-day moving average, which settled at $81.31. In addition, Carters Inc saw -0.49% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CRI starting from Jenkins Jeff, who sale 1,060 shares at the price of $86.00 back on Mar 13 ’24. After this action, Jenkins Jeff now owns 35,173 shares of Carters Inc, valued at $91,160 using the latest closing price.
Hipp Mark, the Director of Carters Inc, sale 1,875 shares at $81.74 during a trade that took place back on Mar 06 ’24, which means that Hipp Mark is holding 10,216 shares at $153,261 based on the most recent closing price.
Stock Fundamentals for CRI
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.47 for the gross margin
The net margin for Carters Inc stands at 0.08. The total capital return value is set at 0.17. Equity return is now at value 27.80, with 9.47 for asset returns.
Based on Carters Inc (CRI), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.84. The debt to equity ratio resting at 0.75. The interest coverage ratio of the stock is 9.38.
Currently, EBITDA for the company is 366.13 million with net debt to EBITDA at 1.98. When we switch over and look at the enterprise to sales, we see a ratio of 1.17. The receivables turnover for the company is 16.03for trailing twelve months and the total asset turnover is 1.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.15.
Conclusion
In conclusion, Carters Inc (CRI) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
