--- title: "Carter's, Inc. (NYSE:CRI) Receives Average Rating of \"Reduce\" from Analysts" description: "Carter's, Inc. (NYSE:CRI) has received an average rating of \"Reduce\" from analysts. The stock has two sell recommendations and five hold recommendations. The average target price for the stock is $70." type: "news" locale: "en" url: "https://longbridge.com/en/news/210109303.md" published_at: "2024-07-29T14:32:14.000Z" --- # Carter's, Inc. (NYSE:CRI) Receives Average Rating of "Reduce" from Analysts > Carter's, Inc. (NYSE:CRI) has received an average rating of "Reduce" from analysts. The stock has two sell recommendations and five hold recommendations. The average target price for the stock is $70.50. Several institutional investors have recently added or reduced their stakes in CRI. The stock is currently trading at $58.70. Shares of Carter's, Inc. (NYSE:CRI - Get Free Report) have been given an average rating of "Reduce" by the seven brokerages that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $70.50. CRI has been the topic of several analyst reports. Bank of America dropped their price target on shares of Carter's from $65.00 to $54.00 and set an "underperform" rating on the stock in a research note on Monday. Wells Fargo & Company lowered their target price on shares of Carter's from $75.00 to $68.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 24th. Citigroup lowered their target price on shares of Carter's from $66.00 to $64.00 and set a "sell" rating on the stock in a research note on Thursday, April 18th. Finally, StockNews.com lowered shares of Carter's from a "buy" rating to a "hold" rating in a research note on Wednesday, April 10th. **Read Our Latest Stock Analysis on Carter's** ## Hedge Funds Weigh In On Carter's Several institutional investors have recently added to or reduced their stakes in CRI. Klein Pavlis & Peasley Financial Inc. acquired a new stake in Carter's in the 2nd quarter valued at about $918,000. Easterly Investment Partners LLC increased its position in Carter's by 25.2% in the 2nd quarter. Easterly Investment Partners LLC now owns 27,227 shares of the textile maker's stock valued at $1,687,000 after acquiring an additional 5,484 shares in the last quarter. LRI Investments LLC increased its position in Carter's by 66.3% in the 2nd quarter. LRI Investments LLC now owns 1,513 shares of the textile maker's stock valued at $94,000 after acquiring an additional 603 shares in the last quarter. Raymond James & Associates increased its position in Carter's by 24.9% in the 2nd quarter. Raymond James & Associates now owns 107,190 shares of the textile maker's stock valued at $6,643,000 after acquiring an additional 21,358 shares in the last quarter. Finally, Gladius Capital Management LP acquired a new stake in Carter's in the 2nd quarter valued at about $30,000. ## Carter's Stock Up 2.5 % Shares of CRI traded up $1.44 during mid-day trading on Monday, hitting $58.70. 71,599 shares of the company's stock were exchanged, compared to its average volume of 829,811. The firm has a fifty day moving average of $63.90 and a two-hundred day moving average of $72.47. Carter's has a twelve month low of $54.74 and a twelve month high of $88.03. The stock has a market cap of $2.14 billion, a price-to-earnings ratio of 9.19, a P/E/G ratio of 3.67 and a beta of 1.22. The company has a quick ratio of 0.95, a current ratio of 2.09 and a debt-to-equity ratio of 0.61. Carter's (NYSE:CRI - Get Free Report) last announced its quarterly earnings results on Friday, April 26th. The textile maker reported $1.02 EPS for the quarter, topping the consensus estimate of $0.69 by $0.33. Carter's had a net margin of 8.29% and a return on equity of 28.65%. The company had revenue of $661.49 million for the quarter, compared to analyst estimates of $633.05 million. On average, sell-side analysts forecast that Carter's will post 4.83 earnings per share for the current year. ## Carter's Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Tuesday, May 28th were issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 5.45%. The ex-dividend date was Friday, May 24th. Carter's's payout ratio is 50.47%. ## Carter's Company Profile (Get Free Report Carter's, Inc, together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Little Planet, and other brands in the United States and internationally. It operates through three segments: U.S. ## Featured Articles - Five stocks we like better than Carter's - Breakout Stocks: What They Are and How to Identify Them - Pharma Giant's Shares Up After Impressive Q2 Earnings Release - Consumer Staples Stocks, Explained - It’s Time to Rotate Into These Russell 2000 Stocks - Options Trading - Understanding Strike Price - Nearly 100% Accurate Indicator Reveals Top Stocks to Buy *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → A Silent Invasion of America (From The Freeport Society) (Ad)## Should you invest $1,000 in Carter's right now? Before you consider Carter's, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Carter's wasn't on the list. While Carter's currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [CRI.US - Carters](https://longbridge.com/en/quote/CRI.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Critica Links 將股票交易的激增歸因於委託研究報告的發佈 | Critica Limited 針對澳大利亞證券交易所（ASX）關於近期股票交易激增的查詢作出了回應，表示其並不知曉任何影響交易的未披露信息。該公司將興趣增加歸因於東海岸研究公司（East Coast Research）發佈的一份基於公開信 | [Link](https://longbridge.com/en/news/273923688.md) | | Carters 公司發佈業務更新 \| CRI 股票新聞 | Carter’s, Inc. 宣佈了 2025 財年第四季度和全年初步淨銷售結果，第四季度實現高單位數增長，全年實現低單位數增長。美國零售部門的可比銷售額增長，主要受到電子商務需求的推動。公司將於 2026 年 1 月 12 日參加 ICR | [Link](https://longbridge.com/en/news/272068301.md) | | 特朗普暗示違法徵收的關税不退了，美財長稱今年關税收入將 “基本保持不變” | 美國總統特朗普暗示不會退還被最高法院裁定違法的關税，預計 2026 年關税收入將保持不變。特朗普計劃簽署行政令，對全球商品加徵 10% 進口關税，取代被推翻的關税。財長貝森特表示，政府將利用替代法律權力維持關税收入，強調國家安全和財政收入不 | [Link](https://longbridge.com/en/news/276494362.md) | | 郵輪運營商嘉年華公司計劃統一其雙重上市結構 | 嘉年華公司宣佈計劃統一其在紐約和倫敦的雙重上市，並將遷址至百慕大。英國上市的嘉年華公司將成為全資子公司，母公司將在紐約證券交易所以 “Carnival Corporation Ltd” 進行交易。該公司目前總部位於巴拿馬，報告了超過華爾街預 | [Link](https://longbridge.com/en/news/276491689.md) | | 美財政部讓步，擬修訂主權財富基金税收提案，此前遭私募業警告 | 美國財政部正就一項針對主權財富基金和公共養老基金徵税方式進行全面改革的提案作出讓步。相關提案此前由美國國税局提出，擬更新税法第 892 條，將這些基金持有的多數美國債務投資歸為商業活動，這將令其面臨被徵税的風險。此前，私募信貸和私募股權公司 | [Link](https://longbridge.com/en/news/276491732.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.