Carter’s, Inc. (NYSE:CRI) Chairman Michael Dennis Casey sold 26,524 shares of the stock in a transaction on Monday, November 6th. The stock was sold at an average price of $99.14, for a total transaction of $2,629,589.36. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Carter’s, Inc. (NYSE:CRI) opened at $99.19 on Wednesday. The company has a current ratio of 3.20, a quick ratio of 1.34 and a debt-to-equity ratio of 0.89. The stock has a market cap of $4,712.93, a price-to-earnings ratio of 18.97, a price-to-earnings-growth ratio of 1.94 and a beta of 0.33. Carter’s, Inc. has a twelve month low of $77.94 and a twelve month high of $100.24.

Carter’s (NYSE:CRI) last posted its quarterly earnings data on Thursday, October 26th. The textile maker reported $1.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.65 by $0.05. The business had revenue of $948.23 million for the quarter, compared to the consensus estimate of $950.64 million. Carter’s had a net margin of 7.69% and a return on equity of 33.38%. The company’s revenue was up 5.2% compared to the same quarter last year. During the same period last year, the firm posted $1.61 earnings per share. equities research analysts predict that Carter’s, Inc. will post 5.64 EPS for the current year.

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A number of analysts recently issued reports on CRI shares. Cowen and Company set a $92.00 price target on shares of Carter’s and gave the stock a “hold” rating in a report on Monday, October 23rd. Goldman Sachs Group, Inc. (The) started coverage on shares of Carter’s in a report on Tuesday, September 5th. They set a “buy” rating and a $105.00 price target on the stock. Bank of America Corporation started coverage on shares of Carter’s in a report on Friday, September 15th. They set a “buy” rating and a $106.00 price target on the stock. Zacks Investment Research downgraded shares of Carter’s from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. Finally, Macquarie started coverage on shares of Carter’s in a report on Tuesday, August 29th. They set an “outperform” rating and a $110.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company. Carter’s has an average rating of “Buy” and a consensus target price of $104.09.

A number of institutional investors and hedge funds have recently bought and sold shares of CRI. Janus Henderson Group PLC lifted its holdings in Carter’s by 1,216.2% during the second quarter. Janus Henderson Group PLC now owns 3,399,870 shares of the textile maker’s stock valued at $302,418,000 after purchasing an additional 3,141,568 shares in the last quarter. Lazard Asset Management LLC lifted its holdings in Carter’s by 1,428.4% during the second quarter. Lazard Asset Management LLC now owns 2,289,358 shares of the textile maker’s stock valued at $203,638,000 after purchasing an additional 2,139,567 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in Carter’s by 137.8% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 539,046 shares of the textile maker’s stock valued at $47,948,000 after purchasing an additional 312,412 shares in the last quarter. Chilton Investment Co. LLC purchased a new position in Carter’s during the second quarter valued at $22,229,000. Finally, Old Mutual Global Investors UK Ltd. lifted its holdings in Carter’s by 64.6% during the second quarter. Old Mutual Global Investors UK Ltd. now owns 510,645 shares of the textile maker’s stock valued at $45,421,000 after purchasing an additional 200,468 shares in the last quarter. 98.40% of the stock is currently owned by institutional investors and hedge funds.

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.

Insider Buying and Selling by Quarter for Carter`s (NYSE:CRI)

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