Carter’s (NYSE:CRI) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Carter’s, Inc. (NYSE:CRI) crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $32.08 and traded as high as $33.42. Carter’s shares last traded at $33.3430, with a volume of 2,053,469 shares trading hands.

More Carter’s News

Here are the key news stories impacting Carter’s this week:

• Positive Sentiment: Third-quarter earnings exceeded expectations. Carter’s reported adjusted earnings of $1.03 per share, above the $0.85 analyst consensus and up from $0.74 a year earlier. Carter’s Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Revenue slightly topped forecasts. Quarterly sales were approximately $752.5 million, ahead of the $747.3 million estimate, while U.S. retail comparable sales posted slight growth. Management also cited progress from its profitability-improvement initiatives. Carter’s Reports Third Quarter Fiscal 2026 Results
• Neutral Sentiment: Leadership changes are intended to support growth. Carter’s created or expanded product, commercial and operations roles, including a new Chief Product Officer, Chief Commercial Officer and standalone Chief Operating Officer. The restructuring could improve coordination, but its financial benefits are not yet demonstrated. Carter’s Evolves Leadership Structure
• Negative Sentiment: Lower guidance overshadowed the earnings beat. Carter’s reduced its fiscal-year 2026 earnings outlook and provided fourth-quarter guidance that indicates weaker expected profitability. The company also issued full-year sales guidance below expectations, reinforcing concerns about sluggish demand despite cost and margin improvements. Carter’s Provides and Updates Earnings Guidance
• Negative Sentiment: Sales remained slightly below the prior year. Third-quarter revenue declined about 0.7% year over year, suggesting that the children’s apparel retailer continues to face uneven consumer demand and limited top-line momentum. Carter’s Q3 Earnings Results and Guidance

Wall Street Analyst Weigh In

CRI has been the subject of a number of recent research reports. BMO Capital Markets initiated coverage on shares of Carter’s in a report on Tuesday, September 8th. They issued an “outperform” rating and a $40.00 price objective for the company. UBS Group reduced their target price on shares of Carter’s from $41.00 to $38.00 and set a “neutral” rating on the stock in a report on Monday, October 19th. Needham & Company LLC reiterated a “hold” rating on shares of Carter’s in a research report on Tuesday, October 20th. Citigroup reissued a “buy” rating on shares of Carter’s in a research note on Tuesday, July 21st. Finally, Wall Street Zen lowered shares of Carter’s from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.86.

Carter’s Stock Down 5.5%

The company has a current ratio of 2.47, a quick ratio of 1.50 and a debt-to-equity ratio of 0.55. The stock has a 50 day simple moving average of $31.98 and a 200 day simple moving average of $36.28. The firm has a market capitalization of $1.16 billion, a PE ratio of 5.91, a PEG ratio of 3.76 and a beta of 0.84.

Carter’s (NYSE:CRI) last announced its quarterly earnings data on Friday, October 30th. The textile maker reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.18. The firm had revenue of $752.46 million during the quarter, compared to the consensus estimate of $747.34 million. Carter’s had a return on equity of 12.78% and a net margin of 6.55%. The business’s revenue was down .7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.74 earnings per share. As a group, sell-side analysts forecast that Carter’s, Inc. will post 3.28 earnings per share for the current year.

Carter’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Tuesday, September 1st were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Tuesday, September 1st. Carter’s’s dividend payout ratio is currently 18.73%.

Institutional Investors Weigh In On Carter’s

Large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp purchased a new stake in Carter’s in the second quarter worth $28,348,000. Rubric Capital Management LP increased its position in Carter’s by 121.5% during the 1st quarter. Rubric Capital Management LP now owns 1,018,853 shares of the textile maker’s stock valued at $36,434,000 after purchasing an additional 558,853 shares during the period. Dimensional Fund Advisors LP increased its position in Carter’s by 36.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,765,205 shares of the textile maker’s stock valued at $63,121,000 after purchasing an additional 472,786 shares during the period. Empowered Funds LLC purchased a new position in Carter’s during the 1st quarter valued at $4,896,000. Finally, Aristides Capital LLC raised its holdings in Carter’s by 123.3% in the 1st quarter. Aristides Capital LLC now owns 163,949 shares of the textile maker’s stock worth $5,863,000 after purchasing an additional 90,533 shares in the last quarter.

About Carter’s

Carter’s, Inc (NYSE:CRI) is a major designer, source and marketer of apparel and related products for babies and young children. The company offers clothing, accessories, footwear, gifts and other products for infants, toddlers and children through brands including Carter’s, OshKosh B’gosh, Little Planet and Skip Hop.

Founded in 1865, Carter’s has built a long-standing presence in the children’s apparel market. Its products are sold through company-operated retail stores, e-commerce websites and wholesale partners, including department stores, mass merchants and specialty retailers.