Carter’s (NYSE:CRI) Releases FY 2025 Earnings Guidance

Carter’s (NYSE:CRI) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 3.200-3.800 for the period, compared to the consensus EPS 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 FY25 guidance to $3.20-3.80 EPS.

Wall Street Analysts Forecast Growth

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

Carter’s Trading Down 16.2 %

Shares of Carter’s stock traded down $8.42 on Tuesday, hitting $43.65. 1,103,771 shares of the company’s stock traded hands, compared to its average volume of 914,144. The firm’s 50-day moving average price is $53.36 and its two-hundred day moving average price is $58.50. The stock has a market capitalization of $1.57 billion, a PE ratio of 6.94, 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. Carter’s has a one year low of $43.03 and a one year high of $88.03.

Carter’s (NYSE:CRI) last posted its earnings results on Tuesday, February 25th. The textile maker reported $2.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $0.52. Carter’s had a return on equity of 27.15% and a net margin of 8.11%. The business had revenue of $859.70 million during the quarter, compared to analysts’ expectations of $835.82 million. During the same period in the prior year, the business earned $2.76 EPS. Carter’s’s revenue for the quarter was up .2% compared to the same quarter last year. On average, research analysts expect that Carter’s will post 5.15 EPS for the current fiscal year.

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.