Analyst Ratings for Carters Inc. (CRI)Updated: 2017-07-26
Shares of Carters Inc. (NYSE:CRI) have received a consensus rating of Overweight from Wall Street analysts. Last month, CRI received an average rating of Overweight.
Of the 11 analysts covering the stock, 7 gave it a buy rating, 1 gave an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for CRI. The highest price target was 115, which equates to a potential upside of 29.74 percent. The most pessimistic price target was 93, which equates to a potential downside of 4.92 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -15.06 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.09 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
CRI has an estimated earnings growth rate of 12.84 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CRI is 1.38.
In the trailing 52-weeks, CRI hit 107.16 at the highest peak, while it's lowest trading point was 77.94. Today's price is 13.73 percent above the 52-week low, and 17.28 percent lower than its 52-week high. CRI has a P/E ratio of 17.66. Investors typically compare the P/E ratio to a company's peers in the industry. The CRI value stock report compares CRI to some of its peers using value stock charts. The market cap of CRI is $4.25 billion. CRI's next earnings release will be on 0000-00-00, which is days away.