Carter’s (CRI) Scheduled to Post Earnings on Friday

Carter’s (NYSE:CRI) will release its earnings data before the market opens on Friday, October 25th. Analysts expect Carter’s to post earnings of $1.28 per share for the quarter.

Carter’s (NYSE:CRI) last posted its quarterly earnings data on Friday, July 26th. The textile maker reported $0.76 EPS for the quarter, topping the consensus estimate of $0.45 by $0.31. Carter’s had a return on equity of 28.65% and a net margin of 8.29%. The company had revenue of $564.43 million during the quarter, compared to analyst estimates of $566.79 million. On average, analysts expect Carter’s to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Carter’s Price Performance

NYSE:CRI opened at $66.35 on Wednesday. Carter’s has a 12 month low of $54.74 and a 12 month high of $88.03. The stock has a 50 day moving average of $66.23 and a two-hundred day moving average of $66.00. The company has a current ratio of 2.09, a quick ratio of 0.95 and a debt-to-equity ratio of 0.61. The firm has a market cap of $2.42 billion, a P/E ratio of 10.47, a price-to-earnings-growth ratio of 3.86 and a beta of 1.23.

Carter’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Tuesday, August 27th were paid a dividend of $0.80 per share. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $3.20 annualized dividend and a yield of 4.82%. Carter’s’s dividend payout ratio (DPR) is currently 50.47%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on CRI shares. Wells Fargo & Company boosted their target price on Carter’s from $60.00 to $72.00 and gave the stock an “equal weight” rating in a report on Monday, September 9th. Bank of America lowered their target price on Carter’s from $65.00 to $54.00 and set an “underperform” rating on the stock in a report on Monday, July 29th. Two equities research analysts have rated the stock with a sell rating and six have given a hold rating to the company. According to data from MarketBeat, Carter’s presently has an average rating of “Hold” and an average target price of $71.17.

Carter’s Company Profile

Carter's, Inc, together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Little Planet, and other brands in the United States and internationally. It operates through three segments: U.S.