Carter’s (NYSE:CRI) Releases Earnings Results, Beats Expectations By $0.52 EPS

Carter’s (NYSE:CRI) announced its quarterly earnings results on Tuesday. The textile maker reported $2.39 EPS for the quarter, beating the consensus estimate of $1.87 by $0.52, Zacks reports. Carter’s had a return on equity of 27.15% and a net margin of 8.11%. Carter’s updated its Q1 2025 guidance to 0.450-0.550 EPS and its FY 2025 guidance to 3.200-3.800 EPS.

Carter’s Stock Up 0.3 %

Shares of CRI stock opened at $52.19 on Tuesday. The stock’s fifty day moving average price is $53.36 and its 200 day moving average price is $58.50. Carter’s has a 1-year low of $49.65 and a 1-year high of $88.03. The company has a market cap of $1.88 billion, a price-to-earnings ratio of 8.28, a price-to-earnings-growth ratio of 3.37 and a beta of 1.21. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.21 and a quick ratio of 0.96.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Citigroup raised shares of Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 price target for the company in a research report on Tuesday, November 12th. Wells Fargo & Company dropped their target price on Carter’s from $72.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Monday, October 28th. One analyst has rated the stock with a sell rating and six have issued a hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $65.60.

Carter’s Company Profile

Carter’s, Inc engages in the business of brand marketing of young children’s apparel. It operates through the following segments: the United States (US) Retail, US Wholesale, and International. The US Retail segment includes selling products through retail stores and ecommerce websites. The US Wholesale segment focuses on wholesale partners.