Investors finally get a glimpse of Carters Inc (CRI) volume hitting the figure of 0.64 million.

Carters Inc (NYSE: CRI) on Tuesday, plunged -3.54% from the previous trading day, before settling in for the closing price of $85.60. Within the past 52 weeks, CRI’s price has moved between $60.65 and $88.03.

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Annual sales at Consumer Cyclical sector company slipped by -2.66% over the past five years. The company achieved an average annual earnings per share of 2.64%. With a float of $35.41 million, this company’s outstanding shares have now reached $36.55 million.

Let’s look at the performance matrix of the company that is accounted for 15230 employees.

Carters Inc (CRI) Insider and Institutional Ownership

Observing investor behavior towards Apparel Retail industry stocks is more important than anything else. The insider ownership of Carters Inc is 2.93%, while institutional ownership is 113.16%. The most recent insider transaction that took place on Mar 13 ’24, was worth 91,160. In this transaction EVP Global Marketing of this company sold 1,060 shares at a rate of $86.00, taking the stock ownership to the 35,173 shares. Before that another transaction happened on Mar 06 ’24, when Company’s Director sold 1,875 for $81.74, making the entire transaction worth $153,261. This insider now owns 10,216 shares in total.

Carters Inc (CRI) Latest Financial update

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $2.76 earnings per share (EPS) for the period topping the consensus outlook (set at $2.61) by $0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.83 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.20% during the next five years compared to 0.77% growth over the previous five years of trading.

Carters Inc (NYSE: CRI) Trading Performance Indicators

Carters Inc (CRI) is currently performing well based on its current performance indicators. A quick ratio of 1.10 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.02. Likewise, its price to free cash flow for the trailing twelve months is 6.42.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.27, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 6.66 in one year’s time.

Technical Analysis of Carters Inc (CRI)

Carters Inc (NYSE: CRI) saw its 5-day average volume 0.7 million, a negative change from its year-to-date volume of 0.76 million. As of the previous 9 days, the stock’s Stochastic %D was 57.72%. Additionally, its Average True Range was 2.09.

During the past 100 days, Carters Inc’s (CRI) raw stochastic average was set at 75.44%, which indicates a significant increase from 12.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.25% in the past 14 days, which was higher than the 24.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $81.05, while its 200-day Moving Average is $73.22. Nevertheless, the first resistance level for the watch stands at $83.90 in the near term. At $85.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $86.30. If the price goes on to break the first support level at $81.50, it is likely to go to the next support level at $80.43. The third support level lies at $79.10 if the price breaches the second support level.

Carters Inc (NYSE: CRI) Key Stats

Market capitalization of the company is 3.01 billion based on 36,481K outstanding shares. Right now, sales total 2,946 M and income totals 232,500 K. The company made 857,860 K in profit during its latest quarter, and 106,510 K in sales during its previous quarter.