An Evaluation Of Carters Inc (NYSE: CRI) Prospects

After Hours

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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 $72.49 and fluctuated between $73.05 as its day high and $71.31 as its day low. The current market capitalization of Carters Inc is $2.67B. A total of 0.55 million shares were traded on the day, compared to an average of 682.31K 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 4 BUY and 6 SELL insider trades, representing the acquisition of 13,300 and the disposition of 25,612 shares. Over the last 12 months, there were 44 BUYs and 54 SELLs from insiders. Insiders purchased 272,078 shares during that period but sold 69,472.

In the most recent transaction, CASEY MICHAEL DENNIS sold 89,139 shares of CRI for 75.00 per share on Dec 14. After the transaction, the Chairman and CEO now owns 390,731 company shares. In a previous transaction on Dec 08, D’Emilio Julie sold 3,400 shares at 72.50 per share. CRI shares that EVP, Sales owns now total 42,783.

Among the insiders who sold shares, Pivar Ben disposed of 312 shares on Nov 17 at a per-share price of $71.02. This resulted in the SVP, CIO holding 18,298 shares of CRI after the transaction. In another insider transaction, Lynch Brian sold 15,400 shares at $69.93 per share on Nov 03. Company shares held by the President & COO now total 97,900.

Dividend

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 4.22%, and it has a price to earnings (P/E) ratio of 13.23. CRI’s most recent ex-dividend date was 11/27/2023 when it declared a $0.75 quarterly dividend that was paid in cash on 12/8/2023. Previously, the company paid the dividend on 9/15/2023 with an ex-dividend date of 8/29/2023. 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 $70.29 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 $2.39. 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. CRI’s latest balance sheet shows that the firm has $984.29M in Cash & Short Term Investments as of fiscal 2021. There were $1.57B in debt and $717.23M in liabilities at the time. Its Book Value Per Share was $21.24, while its Total Shareholder’s Equity was $950.19M.

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 2.40.

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