Carters Inc (CRI): Investing In A Time Of Crisis

Carters Inc (NYSE:CRI) currently has a daily average trading volume of 1.18M but it saw 1126636 shares traded in last market. With a market cap of 2.37B USD, the company’s current market price of $65.69 came rising about 0.21 while comparing to the previous closing price of $65.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $88.03 and as low as $54.74. In the recent trading on the day, stock has struck highest price mark of $65.56 while lowest mark touched by it was $66.65.

Taking a look at 20-day trading activity of Carters Inc (CRI) gives us an average price of $64.67, while its current price level is -25.38% below from 52-week high level whereas it is 20.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $66.27 while that of 200 days or SMA-200 reads an average of $70.22. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.03% during that period while stretching the period over a month that increases to 2.80%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.70 which implies that the stock is in neutral territory.

Wedbush downgraded its recommendation for the stock as a “Neutral” from “Outperform” on January 26, 2023 while assigning a price target of $78.

Over the week, CRI’s stock price is moving -1.87% down while it is -0.80% when we observe its performance for the past one month. Year-to-date it is -12.28% down and over the past year, the stock is showing an upside performance of 0.71%.

Currently, Carters Inc’s total number of outstanding shares is 36.55M. Company’s return on investment (ROI) stands at 13.39% and return on equity (ROE) at 29.46%. It has a price to earnings ratio (P/E ratio) of 10.13 while having a 13.02 of forward P/E ratio. Stock’s beta reads 1.23. Stock has a price to book (P/B) ratio of 2.94 while price to sale or P/S ratio amounts to 0.83. Its return on asset (ROA) is 10.07% on average.