Carter’s found using ticker (CRI) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 84 and 62 calculating the average target price we see 71.29. With the stocks previous close at 74.38 this is indicating there is a potential downside of -4.2%. The 50 day MA is 70.68 while the 200 day moving average is 79.71. The company has a market capitalisation of $2,785m. You can visit the company’s website by visiting: https://www.carters.com
The potential market cap would be $2,670m based on the market concensus.
Carter’s, together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter’s, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Carter’s My First Love, little planet, and other brands in the United States and internationally. The company operates through three segments: U.S. Retail, U.S. Wholesale, and International. Its Carter’s products include babies and young children products, such as bodysuits, pants, dresses, knit sets, blankets, layette essentials, bibs, booties, sleep and play products, rompers, and jumpers; and OshKosh brand products comprise playclothes, such as denim apparel products with multiple wash treatments and coordinating garments, overalls, woven bottoms, knit tops, and bodysuits. The company also provides products for playtime, travel, mealtime, bathtime, and homegear, as well as kid’s bags and diaper bags under the Skip Hop brand. In addition, it offers bedding, cribs, diaper bags, footwear, gift sets, hair accessories, jewelry, outerwear, paper goods, socks, shoes, swimwear, and toys. The company operates 18,800 wholesale locations, including department stores, national chain stores, and specialty stores. As of December 31, 2021, it operated 980 retail stores. The company also sells its products through its eCommerce websites, such as carters.com, oshkoshbgosh.com, oshkosh.com, and skiphop.com, as well as other international wholesale accounts and licensees. Carter’s was founded in 1865 and is headquartered in Atlanta, Georgia.
