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.
Several price targets were given for CRI by the analysts covering the stock. The highest price target was 115, implying a possible profit of 29.74 percent. The minimum price target given was 93, implying potential capital losses of 4.92 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -15.06 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. 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 have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
CRI has an estimated earnings growth rate of 12.84 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CRI has a PEG ratio of 1.38.
CRI has traded between a high of 107.16 and a low of 77.94 over the past year. 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's next earnings release will be on 0000-00-00, which is days away.