Carter’s (NYSE:CRI) Shares Down 8% – Here’s What Happened

Carter’s, Inc. (NYSE:CRI) shares traded down 8% on Friday . The stock traded as low as $33.11 and last traded at $33.2290. 231,886 shares were traded during mid-day trading, a decline of 81% from the average session volume of 1,225,734 shares. The stock had previously closed at $36.12.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Wall Street Zen raised shares of Carter’s from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Monness Crespi & Hardt upgraded Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price objective for the company in a research note on Monday, March 2nd. UBS Group upped their price objective on Carter’s from $33.00 to $40.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. Wells Fargo & Company upped their price objective on Carter’s from $28.00 to $33.00 and gave the stock an “underweight” rating in a research note on Wednesday. Finally, The Goldman Sachs Group upgraded Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 price objective for the company in a research note on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Carter’s currently has a consensus rating of “Hold” and a consensus price target of $38.67.

Carter’s Stock Down 5.9%

The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.44 and a current ratio of 2.51. The stock has a market capitalization of $1.25 billion, a PE ratio of 13.52, a PEG ratio of 5.42 and a beta of 0.98. The business has a 50 day moving average of $36.36 and a two-hundred day moving average of $34.47.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Friday, February 27th. The textile maker reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.20. The firm had revenue of $925.45 million during the quarter, compared to analysts’ expectations of $912.36 million. Carter’s had a return on equity of 14.45% and a net margin of 3.17%.The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the business posted $2.39 EPS. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. Analysts predict that Carter’s, Inc. will post 2.99 EPS for the current year.

Carter’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, March 13th. Carter’s’s dividend payout ratio is currently 39.68%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CRI. UMB Bank n.a. increased its position in Carter’s by 445.8% during the 4th quarter. UMB Bank n.a. now owns 775 shares of the textile maker’s stock valued at $25,000 after buying an additional 633 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in Carter’s by 555.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker’s stock valued at $31,000 after buying an additional 945 shares in the last quarter. Hantz Financial Services Inc. increased its position in Carter’s by 1,208.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,295 shares of the textile maker’s stock valued at $37,000 after buying an additional 1,196 shares in the last quarter. Versant Capital Management Inc increased its position in Carter’s by 135.4% during the 3rd quarter. Versant Capital Management Inc now owns 1,415 shares of the textile maker’s stock valued at $40,000 after buying an additional 814 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Carter’s by 202.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker’s stock valued at $45,000 after buying an additional 995 shares in the last quarter.

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.