In the preceding three months, 5 analysts have released ratings for Carter's (NYSE:CRI), presenting a wide array of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 3 | 0 | 2 |
| Last 30D | 0 | 0 | 0 | 0 | 1 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 3 | 0 | 1 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $73.4, a high estimate of $80.00, and a low estimate of $64.00. This current average has increased by 8.26% from the previous average price target of $67.80.
Diving into Analyst Ratings: An In-Depth Exploration
In examining recent analyst actions, we gain insights into how financial experts perceive Carter's. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Paul Lejuez | Citigroup | Lowers | Sell | $64.00 | $66.00 |
| Jay Sole | UBS | Raises | Neutral | $79.00 | $76.00 |
| Warren Cheng | Evercore ISI Group | Raises | In-Line | $80.00 | $70.00 |
| Tom Nikic | Wedbush | Raises | Neutral | $78.00 | $67.00 |
| Paul Lejuez | Citigroup | Raises | Sell | $66.00 | $60.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Carter's. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Carter's compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Carter's's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Carter's's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Carter's analyst ratings.
Unveiling the Story Behind Carter's
Carter's Inc makes apparel for babies and children under brand names including Carter's and OshKosh B'gosh. It sells its products through a multi-channel business model, which includes retail stores, eCommerce, and wholesale sales channels, as well as retail omnichannel capabilities in the United States and Canada, which enables it to reach a broad range of consumers around the world. The company operates in three segments; U.S. Retail, U.S. Wholesale, and International. The majority of Carter's sales are in the U.S. and through Carter's brand. The company predominantly sources products through contract manufacturers in Asia. It has multiple distribution centers in the U.S., in addition to distribution centers in Canada and Asia that serve international customers.
Financial Milestones: Carter's's Journey
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Challenges: Carter's's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -5.95%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Net Margin: Carter's's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 12.18%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Carter's's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 12.82% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Carter's's ROA excels beyond industry benchmarks, reaching 4.45%. This signifies efficient management of assets and strong financial health.
Debt Management: Carter's's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.28.
The Significance of Analyst Ratings Explained
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.