Carter’s, Inc. (NYSE:CRI) Receives Average Recommendation of “Hold” from Analysts

Carter’s, Inc. (NYSE:CRI) has received a consensus recommendation of “Hold” from the nine ratings firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $41.1667.

Several research analysts recently issued reports on the stock. Wells Fargo & Company upgraded shares of Carter’s from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $30.00 to $42.00 in a research report on Wednesday, June 17th. Weiss Ratings lowered shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. UBS Group upped their price objective on Carter’s from $40.00 to $41.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Zacks Research downgraded Carter’s from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Finally, Needham & Company LLC started coverage on Carter’s in a report on Thursday, March 26th. They issued a “hold” rating on the stock.

Carter’s Stock Up 0.3%

CRI opened at $40.78 on Friday. The firm’s 50-day simple moving average is $38.69 and its 200-day simple moving average is $36.81. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.80. Carter’s has a twelve month low of $23.38 and a twelve month high of $44.44. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of 16.45 and a beta of 0.86.

Carter’s (NYSE:CRI) last released its quarterly earnings results on Wednesday, May 6th. The textile maker reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.26. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The firm had revenue of $681.11 million for the quarter, compared to analyst estimates of $660.59 million. During the same period in the previous year, the business earned $0.66 earnings per share. The company’s revenue for the quarter 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. Equities research analysts anticipate that Carter’s will post 3.09 EPS for the current fiscal year.

Carter’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 26th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Tuesday, May 26th. Carter’s’s dividend payout ratio (DPR) is 40.32%.

Hedge Funds Weigh In On Carter’s

Several large investors have recently bought and sold shares of CRI. Hantz Financial Services Inc. lifted its stake in shares of Carter’s by 21.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,577 shares of the textile maker’s stock valued at $51,000 after purchasing an additional 282 shares during the period. PNC Financial Services Group Inc. raised its holdings in Carter’s by 13.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,160 shares of the textile maker’s stock worth $135,000 after buying an additional 479 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in Carter’s by 2.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 30,279 shares of the textile maker’s stock worth $982,000 after purchasing an additional 629 shares during the period. UMB Bank n.a. lifted its stake in Carter’s by 445.8% in the 4th quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 633 shares in the last quarter. Finally, Sound Income Strategies LLC increased its stake in Carter’s by 9.9% in the 4th quarter. Sound Income Strategies LLC now owns 7,487 shares of the textile maker’s stock valued at $243,000 after buying an additional 673 shares during the last quarter.

About Carter’s

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.