Carter’s (NYSE:CRI – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 3.200-3.800 for the period, compared to the consensus estimate of 4.950. The company issued revenue guidance of $2.8 billion-$2.9 billion, compared to the consensus revenue estimate of $2.8 billion. Carter’s also updated its Q1 2025 guidance to 0.450-0.550 EPS.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on CRI. Citigroup raised Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 target price on the stock in a research report on Tuesday, November 12th. Wells Fargo & Company cut their price objective 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $65.60.
Read Our Latest Analysis on CRI
Carter’s Stock Up 0.3 %
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.
Further Reading
- Five stocks we like better than Carter’s
- What is a Special Dividend?
- BigBear.ai: Is It Opportunity Knocking or a Trap Door?
- Growth Stocks: What They Are, What They Are Not
- Finding Hidden Gems: Unconventional Penny Stock Investing
- Using the MarketBeat Stock Split Calculator
- Price Targets on NVIDIA Rise in Front of Earnings
Receive News & Ratings for Carter's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carter's and related companies with MarketBeat.com's FREE daily email newsletter.