Carter’s (NYSE:CRI) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Carter’s, Inc. (NYSE:CRI)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $35.36 and traded as high as $38.45. Carter’s shares last traded at $38.1540, with a volume of 862,130 shares changing hands.

Analyst Ratings Changes

Several analysts have weighed in on CRI shares. Monness Crespi & Hardt upped their target price on Carter’s from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, May 7th. The Goldman Sachs Group raised Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 target price on the stock in a report on Thursday, April 9th. Needham & Company LLC started coverage on Carter’s in a report on Thursday, March 26th. They issued a “hold” rating on the stock. Weiss Ratings lowered Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Finally, Zacks Research lowered Carter’s from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $39.67.

Carter’s Price Performance

The company has a debt-to-equity ratio of 0.61, a current ratio of 2.80 and a quick ratio of 1.72. The company has a 50-day moving average price of $36.51 and a 200-day moving average price of $35.36. The firm has a market capitalization of $1.41 billion, a PE ratio of 15.38 and a beta of 0.87.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.26. Carter’s had a return on equity of 13.06% and a net margin of 3.07%.The business had revenue of $681.11 million for the quarter, compared to the consensus estimate of $660.59 million. During the same period in the prior year, the business earned $0.66 earnings per share. The business’s revenue was up 8.1% on a year-over-year basis. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. Sell-side analysts forecast that Carter’s, Inc. will post 3.09 EPS for the current year.

Carter’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Tuesday, May 26th were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, May 26th. This represents a $1.00 annualized dividend and a yield of 2.6%. Carter’s’s dividend payout ratio is 40.32%.

Hedge Funds Weigh In On Carter’s

Several large investors have recently added to or reduced their stakes in CRI. UMB Bank n.a. lifted its position in Carter’s by 445.8% during the fourth quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock worth $25,000 after buying an additional 633 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in Carter’s by 555.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker’s stock worth $31,000 after buying an additional 945 shares during the period. Hantz Financial Services Inc. lifted its position in Carter’s by 1,208.1% during the third quarter. Hantz Financial Services Inc. now owns 1,295 shares of the textile maker’s stock worth $37,000 after buying an additional 1,196 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Carter’s by 202.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker’s stock worth $45,000 after purchasing an additional 995 shares during the period. Finally, State of Wyoming raised its holdings in shares of Carter’s by 1,380.6% in the 4th quarter. State of Wyoming now owns 2,132 shares of the textile maker’s stock worth $69,000 after purchasing an additional 1,988 shares during the period.

Carter’s Company Profile

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.