Carter’s (NYSE:CRI) Earns Hold Rating from Analysts at Needham & Company LLC

Research analysts at Needham & Company LLC started coverage on shares of Carter’s (NYSE:CRI) in a note issued to investors on Thursday,Benzinga reports. The brokerage set a “hold” rating on the textile maker’s stock.

Several other research analysts have also commented on the stock. The Goldman Sachs Group boosted their price objective on shares of Carter’s from $26.00 to $29.00 and gave the stock a “sell” rating in a research note on Tuesday, January 13th. Citigroup raised shares of Carter’s from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $34.00 to $50.00 in a report on Wednesday, January 21st. UBS Group upped their price target on Carter’s from $33.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Weiss Ratings upgraded Carter’s from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, March 19th. Finally, Monness Crespi & Hardt raised Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price objective for the company in a research report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $35.83.

Carter’s Trading Up 0.5%

Shares of NYSE CRI opened at $34.92 on Thursday. Carter’s has a 1-year low of $23.38 and a 1-year high of $44.44. The business has a fifty day moving average price of $36.80 and a 200 day moving average price of $33.27. The stock has a market capitalization of $1.27 billion, a P/E ratio of 13.86, a price-to-earnings-growth ratio of 5.17 and a beta of 1.07. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.51 and a quick ratio of 1.44.

Carter’s (NYSE:CRI) last announced its earnings results on Friday, February 27th. The textile maker reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.70 by $0.20. The business had revenue of $925.45 million during the quarter, compared to the consensus estimate of $912.36 million. Carter’s had a net margin of 3.17% and a return on equity of 14.45%. The firm’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.39 earnings per share. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. Equities research analysts expect that Carter’s will post 5.15 EPS for the current fiscal year.

Hedge Funds Weigh In On Carter’s

Several institutional investors and hedge funds have recently modified their holdings of the stock. RWWM Inc. boosted its stake in shares of Carter’s by 44.8% in the third quarter. RWWM Inc. now owns 5,900,170 shares of the textile maker’s stock worth $166,503,000 after buying an additional 1,824,379 shares during the last quarter. AQR Capital Management LLC raised its position in Carter’s by 113.7% during the second quarter. AQR Capital Management LLC now owns 2,564,457 shares of the textile maker’s stock valued at $77,267,000 after acquiring an additional 1,364,698 shares in the last quarter. Rubric Capital Management LP acquired a new position in Carter’s in the fourth quarter valued at approximately $14,918,000. Allianz Asset Management GmbH lifted its holdings in Carter’s by 43.7% in the third quarter. Allianz Asset Management GmbH now owns 1,201,996 shares of the textile maker’s stock valued at $33,920,000 after acquiring an additional 365,501 shares during the period. Finally, Quantinno Capital Management LP boosted its position in Carter’s by 1,679.7% in the 2nd quarter. Quantinno Capital Management LP now owns 370,791 shares of the textile maker’s stock worth $11,172,000 after purchasing an additional 349,957 shares in the last quarter.

Carter’s Company Profile

Carter’s, Inc (NYSE: CRI) is a leading designer and marketer of infant and young children’s apparel in North America. Headquartered in Atlanta, Georgia, the company’s core business focuses on creating clothing and accessories for babies and children, including bodysuits, sleepwear, layette, outerwear and accessories that blend comfort, safety and style. Carter’s flagship brand is complemented by its OshKosh B’gosh line, which offers heritage-inspired designs and durable fabrics for toddlers and young kids.

The company distributes its products through a diversified platform that includes wholesale partnerships with major department stores and mass merchandisers, direct‐to‐consumer e-commerce sites, and an extensive network of company-operated retail stores.