Carter's (CRI) Earns Media Impact Rating of 0.13
Media stories about Carter's (NYSE:CRI) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Carter's earned a news impact score of 0.13 on Accern’s scale. Accern also gave media coverage about the textile maker an impact score of 46.3815523809085 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
CRI has been the topic of several research reports. Zacks Investment Research upgraded Carter's from a “hold” rating to a “buy” rating and set a $107.00 price target on the stock in a research note on Tuesday, September 26th. Cowen set a $92.00 price target on Carter's and gave the company a “hold” rating in a research note on Monday, October 23rd. FBR & Co restated a “buy” rating and set a $111.00 price target on shares of Carter's in a research note on Thursday, October 26th. Oppenheimer set a $112.00 price target on Carter's and gave the company a “buy” rating in a research note on Thursday, October 26th. Finally, Citigroup boosted their price target on Carter's from $108.00 to $112.00 and gave the company a “buy” rating in a research note on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $111.86.
Carter's (CRI) traded down $1.11 during mid-day trading on Tuesday, hitting $117.68. The stock had a trading volume of 480,449 shares, compared to its average volume of 598,650. Carter's has a 52 week low of $77.94 and a 52 week high of $119.66. The company has a market cap of $5,650.00, a price-to-earnings ratio of 22.67, a P/E/G ratio of 2.11 and a beta of 0.37. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.34 and a current ratio of 3.20.
In other news, EVP Julie D’emilio sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $108.25, for a total value of $324,750.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Chairman Michael Dennis Casey sold 26,524 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $99.14, for a total value of $2,629,589.36. The disclosure for this sale can be found here. Over the last quarter, insiders sold 130,507 shares of company stock worth $13,569,276. Corporate insiders own 3.10% of the company’s stock.
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Carter's Company Profile
Carter’s, Inc (Carter’s) is a marketer of apparel for babies and young children in the United States and Canada. The Company owns two brand names in the children’s apparel industry, Carter’s and OshKosh B’gosh (OshKosh). The Company operates through five segments: Carter’s Retail, Carter’s Wholesale, OshKosh Retail, OshKosh Wholesale and International.
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