Carters Inc (CRI): A Case For Going Higher

After Hours

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Stocks Info

This NYSE-listed company operates within the Apparel Retail industry segment, falling under the Consumer Cyclical sector. The current market capitalization of Carters Inc is $2.50B. A total of 1.5 million shares were traded on the day, compared to an average of 1.06M shares.

In the most recent transaction, Hipp Mark sold 1,875 shares of CRI for 81.74 per share on Mar 06 ’24. After the transaction, the Director now owns 10,216 company shares. In a previous transaction on Mar 13 ’24, Jenkins Jeff sold 1,060 shares at 86.00 per share. CRI shares that EVP Global Marketing owns now total 35,173.

Among the insiders who sold shares, CASEY MICHAEL DENNIS disposed of 89,139 shares on Dec 14 ’23 at a per-share price of $75.00. This resulted in the Chairman and CEO holding 390,731 shares of CRI after the transaction. In another insider transaction, D’Emilio Julie sold 3,400 shares at $72.50 per share on Dec 08 ’23. Company shares held by the EVP, Sales now total 42,783.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Carters Inc pays an annual dividend of $3.90, resulting in a dividend yield of 5.64%, and it has a price to earnings (P/E) ratio of 10.66. CRI’s most recent ex-dividend date was 8/27/2024 when it declared a $0.80 quarterly dividend that was paid in cash on 9/13/2024. Previously, the company paid the dividend on 6/7/2024 with an ex-dividend date of 5/24/2024. The CRI stock dividend was $0.80 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CRI has a high of $88.03 and a low of $54.74.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CRI’s latest balance sheet shows that the firm has $984.29M in Cash & Short Term Investments as of fiscal 2021. There were $1.57B in debt and $717.23M in liabilities at the time. Its Book Value Per Share was $22.37, while its Total Shareholder’s Equity was $950.19M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CRI is Buy with a score of 2.57.

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