Carter’s with ticker code (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 100 and 62 with the average target price sitting at 80. Now with the previous closing price of 73.5 this would indicate that there is a potential upside of 8.8%. The day 50 moving average is 78.21 and the 200 day MA is 87.8. The company has a market capitalisation of $2,837m. Company Website: https://www.carters.com
The potential market cap would be $3,087m 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.
