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Wednesday, December 6, 2023

An Evaluation Of Carters Inc (NYSE: CRI) Prospects

After Hours

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. After-hours trades for Carters Inc (CRI) shows that investor sentiment remained same, with the stock’s consolidated last price to $68.91. The Carters Inc has recorded 10,333 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Carter’s Announces First-Ever ‘Gift Wrapping Weekend,’ the Ultimate Holiday Hack.

Stocks Info

CRI belongs to the Consumer Cyclical sector of the NYSE while operating in the Apparel Retail industry. At the end of the last regular session, the stock closed at $68.91 and fluctuated between $68.92 as its day high and $67.57 as its day low. The current market capitalization of Carters Inc is $2.54B. A total of 0.5 million shares were traded on the day, compared to an average of 668.03K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, CRI has seen 2 BUY and 2 SELL insider trades, representing the acquisition of 34 and the disposition of 4,236 shares. Over the last 12 months, there were 49 BUYs and 59 SELLs from insiders. Insiders purchased 318,310 shares during that period but sold 168,385.

In the most recent transaction, Lynch Brian sold 15,400 shares of CRI for 69.93 per share on Nov 03. After the transaction, the President & COO now owns 97,900 company shares. In a previous transaction on Nov 03, Westenberger Richard F. sold 3,800 shares at 69.24 per share. CRI shares that EVP and CFO owns now total 105,334.

Among the insiders who sold shares, Krugman Kendra disposed of 2,000 shares on Nov 03 at a per-share price of $69.96. This resulted in the EVP, Retail & Chf. Merch. Ofc. holding 61,169 shares of CRI after the transaction. In another insider transaction, Lynch Brian sold 4,100 shares at $68.78 per share on Nov 02. Company shares held by the President & COO now total 109,900.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Carters Inc pays an annual dividend of $3.06, resulting in a dividend yield of 4.44%, and it has a price to earnings (P/E) ratio of 12.58. CRI’s most recent ex-dividend date was 8/29/2023 when it declared a $0.75 quarterly dividend that was paid in cash on 9/15/2023. Previously, the company paid the dividend on 6/9/2023 with an ex-dividend date of 5/26/2023. The CRI stock dividend was $0.75 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for CRI in the last 3 months, the mean price target is $68.71 with high estimates of $84.00 and low estimates of $60.00. In terms of 52-week highs and lows, CRI has a high of $86.76 and a low of $60.65.

As of this writing, CRI has an earnings estimate of $2.6 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $2.77 per share and a lower estimate of $2.38. The company reported an EPS of $0.64 in the last quarter, which was 18.50% higher than expectations of $0.54.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 2.25.

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