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

Carter’s (NYSE:CRI) is expected to release its earnings data 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. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Carter’s Stock Performance

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

Analysts Set New Price Targets

Several research firms recently weighed in on CRI. Citigroup upgraded shares of Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 price target for the company in a research report on Tuesday, November 12th. Wells Fargo & Company lowered their price target on shares of Carter’s from $72.00 to $65.00 and set an “equal weight” rating on the stock in a report on Monday, October 28th. One equities research analyst has rated the stock with a sell rating and seven have given a hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus 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.