Carters Inc (CRI) 20 Days SMA touches 10.15%: The odds favor the bear

On Tuesday, Carters Inc (NYSE: CRI) opened higher 1.35% from the last session, before settling in for the closing price of $68.21. Price fluctuations for CRI have ranged from $54.74 to $88.03 over the past 52 weeks.

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Consumer Cyclical Sector giant saw their annual sales slid by -2.66% over the last five years. Company’s average yearly earnings per share was noted -16.85% at the time writing. With a float of $35.03 million, this company’s outstanding shares have now reached $36.55 million.

The firm has a total of 15230 workers. Let’s measure their productivity. In terms of profitability, gross margin is 48.43%, operating margin of 10.78%, and the pretax margin is 10.7%.

Carters Inc (CRI) Insider Activity

A key investor’s attitude towards the stock of the Apparel Retail industry is another important factor to consider. The insider ownership of Carters Inc is 3.05%, while institutional ownership is 124.10%. The most recent insider transaction that took place on Mar 06 ’24, was worth 153,261. In this transaction Director of this company sold 1,875 shares at a rate of $81.74, taking the stock ownership to the 10,216 shares. Before that another transaction happened on Mar 13 ’24, when Company’s EVP Global Marketing sold 1,060 for $86.00, making the entire transaction worth $91,160. This insider now owns 35,173 shares in total.

Carters Inc (CRI) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -16.85% 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

Check out the current performance indicators for Carters Inc (CRI). In the past quarter, the stock posted a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.87. Likewise, its price to free cash flow for the trailing twelve months is 7.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.48, a number that is poised to hit 1.34 in the next quarter and is forecasted to reach 5.11 in one year’s time.

Technical Analysis of Carters Inc (CRI)

Analysing the last 5-days average volume posted by the [Carters Inc, CRI], we can find that recorded value of 1.03 million was better than the volume posted last year of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 91.07%. Additionally, its Average True Range was 1.84.

During the past 100 days, Carters Inc’s (CRI) raw stochastic average was set at 61.26%, which indicates a significant decrease from 92.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.80% in the past 14 days, which was lower than the 27.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $62.49, while its 200-day Moving Average is $71.36. Now, the first resistance to watch is $70.23. This is followed by the second major resistance level at $71.32. The third major resistance level sits at $72.94. If the price goes on to break the first support level at $67.52, it is likely to go to the next support level at $65.90. Should the price break the second support level, the third support level stands at $64.81.

Carters Inc (NYSE: CRI) Key Stats

There are currently 36,499K shares outstanding in the company with a market cap of 2.50 billion. Presently, the company’s annual sales total 2,946 M according to its annual income of 232,500 K. Last quarter, the company’s sales amounted to 564,430 K and its income totaled 27,640 K.