Carter’s (CRI) Expected to Announce Quarterly Earnings on Tuesday

Carter’s (NYSE:CRI) will likely be posting its quarterly earnings results before the market opens on Tuesday, February 25th. Analysts expect Carter’s to post earnings of $1.87 per share and revenue of $835.82 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Carter’s Stock Up 0.4 %

Shares of NYSE CRI opened at $52.10 on Friday. The company has a 50 day simple moving average of $53.44 and a 200 day simple moving average of $58.59. The firm has a market cap of $1.88 billion, a PE ratio of 8.27, a price-to-earnings-growth ratio of 3.37 and a beta of 1.21. Carter’s has a 1 year low of $49.65 and a 1 year high of $88.03. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.21 and a quick ratio of 0.96.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Wells Fargo & Company dropped their price objective on shares of Carter’s from $72.00 to $65.00 and set an “equal weight” rating for the company in a report on Monday, October 28th. Citigroup upgraded shares of Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 price objective for the company in a research note on Tuesday, November 12th. One investment analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. Based on data from MarketBeat, Carter’s has an average rating of “Hold” and an average target price of $67.67.

Carter’s Company Profile

Carter’s, Inc engages in the business of brand marketing of young children’s apparel. It operates through the following segments: the United States (US) Retail, US Wholesale, and International. The US Retail segment includes selling products through retail stores and ecommerce websites. The US Wholesale segment focuses on wholesale partners.