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.
CRI was given price targets by several analysts. The most optimistic price target was 115, implying potential capital gains of 29.74 percent. The lowest 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. That number becomes -15.06 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.09 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of CRI to grow at a rate of 12.84 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. 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. The current market price is above the trailing year's low by 13.73 percent, and 17.28 percent lower than its 52-week high. CRI has a price/earnings 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 stock has a market capitalization of $4.25 billion. CRI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.