Carter’s, Inc. with ticker code (CRI) have now 7 confirmed 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 suggesting an average Analsyt target price of $69.86. Given that the stocks previous close was at $70.48 this is indicating there is a potential downside of -.9%. It’s also worth noting that there is a 50 day moving average of $77.63 and the 200 day MA is $74.95. The company has a market capitalization of $2,696m. Company Website: https://www.carters.com
The potential market cap would be $2,673m based on the market consensus.
Carter’s, Inc., 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, 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, layette essentials, tops and t-shirts, multi-piece sets, sleep and play products, and sleepwear; and OshKosh brand products comprise playclothes, such as denim apparel products, overalls, core bottoms, knit tops, t-shirts, and layering pieces. The company also provides products for playtime, travel, mealtime, bath time, and home gear, as well as kid’s bags under the Skip Hop brand. In addition, it offers bedding, home décor, cribs and baby furniture, diaper bags, footwear, gift sets, hair accessories, jewelry, outerwear, paper goods, socks, shoes, swimwear, and toys. The company operates wholesale locations, including department stores, national chain stores, and specialty stores, as well as retail stores. It also sells its products through its eCommerce websites, such as carters.com, oshkosh.com, and skiphop.com, as well as other international wholesale accounts and licensees. The company was founded in 1865 and is headquartered in Atlanta, Georgia.
The company has a dividend yield of 4.27% with the ex dividend date set at 6-3-2023 (DMY).
Other points of data to note are a P/E ratio of 11.29, revenue per share of 82.75 and a 8.66% return on assets.
