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Sunday, April 2, 2023

Is Carter’s Inc. (NYSE: CRI) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Carter’s Inc. (CRI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.26, or 0.37%, to $70.28. The Carter’s Inc. has recorded 13,480 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Carter’s Expands into Maternity Apparel with New Little Planet Mama Collection Designed for Every Stage of Motherhood.

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Stocks Info

Carter’s Inc. is listed on the NYSE in the Consumer Cyclical sector while operating in the Apparel Retail industry. At the end of the last regular session, the stock closed at $70.02 and fluctuated between $70.68 as its day high and $69.18 as its day low. The current market capitalization of Carter’s Inc. is $2.70B. A total of 0.71 million shares were traded on the day, compared to an average of 694.72K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, CRI has seen 1 BUY and 43 SELL insider trades, representing the acquisition of 3,145 and the disposition of 39,399 shares. Over the last 12 months, there were 30 BUYs and 59 SELLs from insiders. Insiders purchased 103,381 shares during that period but sold 164,472.

In the most recent transaction, CASEY MICHAEL DENNIS sold 3,145 shares of CRI for 75.03 per share on Dec 27. After the transaction, the Chairman and CEO now owns 380,162 company shares. In a previous transaction on Dec 13, CASEY MICHAEL DENNIS sold 25,380 shares at 75.01 per share. CRI shares that Chairman and CEO owns now total 380,162.

Among the insiders who sold shares, D’Emilio Julie disposed of 5,000 shares on Dec 09 at a per-share price of $72.77. This resulted in the EVP, Sales holding 33,761 shares of CRI after the transaction. In another insider transaction, Lynch Brian sold 4,500 shares at $72.59 per share on Dec 02. Company shares held by the President, Carter’s, Inc. now total 80,276.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Carter’s Inc. pays an annual dividend of $3.00, resulting in a dividend yield of 4.28%, and it has a price to earnings (P/E) ratio of 10.86. CRI’s most recent ex-dividend date was 3/6/2023 when it declared a $0.75 quarterly dividend that was paid in cash on 3/17/2023. Previously, the company paid the dividend on 12/9/2022 with an ex-dividend date of 11/28/2022. The CRI stock dividend was $0.75 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for CRI in the last 3 months, the mean price target is $69.86 with high estimates of $84.00 and low estimates of $62.00. In terms of 52-week highs and lows, CRI has a high of $97.68 and a low of $62.65.

As of this writing, CRI has an earnings estimate of $1.73 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $1.98 per share and a lower estimate of $1.5. The company reported an EPS of $1.3 in the last quarter, which was -19.30% lower than expectations of $1.61.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 8 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CRI is Overweight with a score of 2.40. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 1 thought it should be Sold.

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