The stock of Carters Inc (CRI) has seen a -15.89% decrease in the past week, with a -14.11% drop in the past month, and a -7.83% decrease in the past quarter. The volatility ratio for the week is 4.64%, and the volatility levels for the past 30 days are at 3.35% for CRI. The simple moving average for the last 20 days is -11.77% for CRI’s stock, with a simple moving average of -20.23% for the last 200 days.
Is It Worth Investing in Carters Inc (NYSE: CRI) Right Now?
Carters Inc (NYSE: CRI) has a higher price-to-earnings ratio of 8.83x compared to its average ratio, The 36-month beta value for CRI is at 1.23. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 4 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for CRI is 34.95M, and currently, shorts hold a 14.48% of that float. The average trading volume for CRI on October 30, 2024 was 1.19M shares.
CRI) stock’s latest price update
Carters Inc (NYSE: CRI)’s stock price has dropped by -1.03 in relation to previous closing price of 56.39. Nevertheless, the company has seen a loss of -15.89% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-29 that Carter’s strategy includes closing low-margin stores, opening high-margin ones, and leveraging omni-channel sales, boosting customer growth and e-commerce. Strong relationships with Target, Walmart, and Amazon expand CRI’s customer base, countering domestic sales declines and emphasizing the importance of emotional marketing. Current valuation at a P/E ratio of 10.5x and a 5.6% dividend yield offer a compelling entry point with significant upside potential.
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 -15.21% 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 -36.60% of loss for the given period.
Volatility was left at 3.35%, however, over the last 30 days, the volatility rate increased by 4.64%, as shares sank -15.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.10% lower at present.
During the last 5 trading sessions, CRI fell by -15.89%, which changed the moving average for the period of 200-days by -23.26% in comparison to the 20-day moving average, which settled at $63.25. In addition, Carters Inc saw -25.48% 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 Hipp Mark, who sale 1,875 shares at the price of $81.74 back on Mar 06 ’24. After this action, Hipp Mark now owns 10,216 shares of Carters Inc, valued at $153,261 using the latest closing price.
Jenkins Jeff, the EVP Global Marketing of Carters Inc, sale 1,060 shares at $86.00 during a trade that took place back on Mar 13 ’24, which means that Jenkins Jeff is holding 35,173 shares at $91,160 based on the most recent closing price.
Stock Fundamentals for CRI
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.48 for the gross margin
The net margin for Carters Inc stands at 0.08. The total capital return value is set at 0.15. Equity return is now at value 27.99, with 9.62 for asset returns.
Based on Carters Inc (CRI), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 1.34. The interest coverage ratio of the stock is 9.53.
Currently, EBITDA for the company is 366.13 million with net debt to EBITDA at 2.77. When we switch over and look at the enterprise to sales, we see a ratio of 1.04. The receivables turnover for the company is 11.51for trailing twelve months and the total asset turnover is 1.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.21.
Conclusion
In conclusion, Carters Inc (CRI) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
