Zacks Investment Research downgraded Carter's, Inc. (NYSE:CRI) to Sell in a statement released earlier today.
- Updated: October 2, 2016
Zacks Investment Research has downgraded Carter's, Inc. (NYSE:CRI) to Sell in a statement released on 09/28/2016.
Only yesterday Carter's, Inc. (NYSE:CRI) traded -0.71% lower at $89.87. Carter's, Inc.’s 50-day moving average is $96.10 and its 200-day moving average is $101.86. The last stock close price is down -14.87% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Volume of trade was up over the average, with 944,059 shares of CRI changing hands over the typical 721,020
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Carter's, Inc. has a one year low of $82.22 and a one year high of $112.58 with a price-earnings ratio of 18.64 Carter's, Inc.’s market capitalization is presently $0.
A total of 7 analysts have released a research note on CRI. 5 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 4 firms rating the stock a hold, 0 brokers rating the stock a underperform, and finally zero equity analysts rating the stock a sell with a average stock price target of $112.29.
General Company Details For Carter's, Inc. (NYSE:CRI)
Carter's, Inc. (Carter's) is a marketer of apparel for babies and young children in the United States and Canada. The Company operates through five segments: Carter's Retail, Carter's Wholesale, OshKosh Retail, OshKosh Wholesale and International. Its international segment includes Company-operated retail stores, wholesale and online operations in addition to royalty income from its international licensees. The Company owns two brand names in the children's apparel industry: Carter's and OshKosh B'gosh (OshKosh). The Company offers various product categories, including baby, sleepwear, playclothes and related accessories. The Company operates approximately 590 Carter's and over 240 OshKosh stores in the United States, and its products are sold through approximately 150 Company-operated stores in Canada in addition to its international wholesale, licensing and online channels. It has collaborated with approximately 30 licensees to sell the Carter's and OshKosh brands internationally.
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