Many Carters, Inc.(CRI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Carter's was Upgraded by Piper Jaffray to Overweight on Feb 14, 2017. Carter's was Initiated by Morgan Stanley to Overweight on Jan 25, 2017. Carter's was Upgraded by Citigroup to Buy on Dec 19, 2016.
Company has reported several Insider transactions to the SEC, on Nov 29, 2016, Michael Dennis Casey (Chairman and CEO) sold 20,700 shares at 92.69 per share price.On Aug 11, 2016, Richard F. Westenberger (Chief Financial Officer) sold 2,500 shares at 101.00 per share price.On Mar 15, 2016, Brian Lynch (President, Carters, Inc.) sold 7,000 shares at 102.40 per share price.
Carter's Last issued its quarterly earnings results on Oct 27, 2016. The company reported $1.61 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $1.67. The company had revenue of $901.40 million for the quarter, compared to analysts expectations of $901.99 million. The companys revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.51 EPS.
Carters, Inc. (NYSE:CRI) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.94 by 9 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold.
Carters, Inc. (NYSE:CRI): The stock price is expected to reach $ 104.25 in the short term. The number of analysts agreeing with this consensus is 8. The higher estimate for the short term price target is at $115 while the lower estimate is at $93. The standard deviation of the price stands at $7.69.
Carters, Inc. (NYSE:CRI) rose 1% or 0.83 points on Tuesday and made its way into the gainers of the day. After trading began at $83.83 the stock was seen hitting $85.97 as a peak level and $83.64 as the lowest level. The stock ended up at $83.84. The daily volume was measured at 1,116,513 shares. The 52-week high of the share price is $112.58 and the 52-week low is $77.9407. The company has a market cap of $4,139 million.
Carters, Inc. is a leading provider of apparel and related products exclusively for babies and young children. The Company owns the Carters and OshKosh Bgosh brands, two of the most recognized brands in the marketplace. These brands are sold in leading department stores, national chains, and specialty retailers domestically and internationally and through Company-operated stores and on-line at carters.com and oshkoshbgosh.com. The Companys Child of Mine brand is available at Walmart, and its Genuine Kids, Just One You, and Precious Firsts brands are available at Target.