Carter’s, Inc. (NYSE:CRI) Receives $39.67 Consensus Price Target from Brokerages

Carter’s, Inc. (NYSE:CRI) has been given an average rating of “Hold” by the nine ratings firms that are currently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $39.6667.

Several analysts have commented on CRI shares. The Goldman Sachs Group upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 price objective for the company in a report on Thursday, April 9th. Monness Crespi & Hardt raised their price target on shares of Carter’s from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Needham & Company LLC started coverage on shares of Carter’s in a research report on Thursday, March 26th. They set a “hold” rating for the company. Zacks Research downgraded shares of Carter’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Finally, Wall Street Zen raised shares of Carter’s from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th.

Institutional Investors Weigh In On Carter’s

A number of large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its position in Carter’s by 5.0% in the 1st quarter. Bank of America Corp DE now owns 66,031 shares of the textile maker’s stock worth $2,361,000 after purchasing an additional 3,132 shares during the period. Amundi grew its position in Carter’s by 45.7% in the 1st quarter. Amundi now owns 14,807 shares of the textile maker’s stock worth $529,000 after purchasing an additional 4,647 shares during the period. California State Teachers Retirement System grew its position in Carter’s by 31.2% in the 1st quarter. California State Teachers Retirement System now owns 46,269 shares of the textile maker’s stock worth $1,655,000 after purchasing an additional 11,004 shares during the period. Rubric Capital Management LP grew its position in Carter’s by 121.5% in the 1st quarter. Rubric Capital Management LP now owns 1,018,853 shares of the textile maker’s stock worth $36,434,000 after purchasing an additional 558,853 shares during the period. Finally, Empowered Funds LLC bought a new stake in Carter’s in the 1st quarter worth approximately $4,896,000.

Carter’s Stock Performance

Shares of CRI opened at $42.72 on Wednesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.80 and a quick ratio of 1.72. Carter’s has a one year low of $23.38 and a one year high of $44.44. The company has a 50-day simple moving average of $37.06 and a two-hundred day simple moving average of $35.79. The firm has a market capitalization of $1.57 billion, a PE ratio of 17.22 and a beta of 0.87.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.39 EPS for the quarter, topping the consensus estimate of $0.13 by $0.26. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The business had revenue of $681.11 million during the quarter, compared to analyst estimates of $660.59 million. During the same period last year, the business posted $0.66 earnings per share. Carter’s’s quarterly revenue was up 8.1% compared to the same quarter last year. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. On average, analysts anticipate that Carter’s will post 3.09 EPS for the current fiscal year.

Carter’s Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 26th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, May 26th. Carter’s’s payout ratio is 40.32%.

Carter’s Company Profile

Carter’s, Inc (NYSE: CRI) is a leading designer and marketer of infant and young children’s apparel in North America. Headquartered in Atlanta, Georgia, the company’s core business focuses on creating clothing and accessories for babies and children, including bodysuits, sleepwear, layette, outerwear and accessories that blend comfort, safety and style. Carter’s flagship brand is complemented by its OshKosh B’gosh line, which offers heritage-inspired designs and durable fabrics for toddlers and young kids.

The company distributes its products through a diversified platform that includes wholesale partnerships with major department stores and mass merchandisers, direct‐to‐consumer e-commerce sites, and an extensive network of company-operated retail stores.