Analysts See $0.71 EPS for Carter’s, Inc. (CRI)

July 17, 2017 - By Dolores Ford

 Analysts See $0.71 EPS for Carter's, Inc. (CRI)
Investors sentiment decreased to 0.76 in Q4 2016. Its down 0.28, from 1.04 in 2016Q3. It is negative, as 45 investors sold Carter’s, Inc. shares while 123 reduced holdings. 45 funds opened positions while 82 raised stakes. 45.62 million shares or 0.35% more from 45.46 million shares in 2016Q3 were reported.
New York-based Global X Ltd has invested 0% in Carter’s, Inc. (NYSE:CRI). Geode Cap Mngmt Llc holds 0.01% or 336,247 shares in its portfolio. Melvin Cap Mgmt Ltd Partnership invested 0.45% in Carter’s, Inc. (NYSE:CRI). Blackrock Invest Mngmt Ltd Liability Co, New Jersey-based fund reported 169,018 shares. The New York-based Tower Capital Ltd Liability (Trc) has invested 0.02% in Carter’s, Inc. (NYSE:CRI). Ellington Mngmt Gru Limited Co reported 12,600 shares. Amer Gru accumulated 95,001 shares. Schwab Charles Invest Management Inc invested in 190,908 shares or 0.02% of the stock. Moreover, Panagora Asset Management Inc has 0% invested in Carter’s, Inc. (NYSE:CRI). Clearbridge Investments Limited Liability invested in 104 shares or 0% of the stock. Marshall Wace Limited Liability Partnership reported 212,276 shares or 0.12% of all its holdings. Primecap Mgmt Ca invested in 0% or 48,270 shares. Texas-based Employees Retirement System Of Texas has invested 0.03% in Carter’s, Inc. (NYSE:CRI). Massachusetts-based Boston Private Wealth Ltd Liability Corp has invested 0.04% in Carter’s, Inc. (NYSE:CRI). Fifth Third Bank & Trust holds 0.02% or 21,717 shares.

Wall Street await Carter’s, Inc. (NYSE:CRI) to release earnings on July, 26. Analysts forecast EPS of $0.71, down exactly $0.01 or 1.39 % from 2014’s $0.72 EPS. The expected CRI’s profit could reach $34.19M giving the stock 30.35 P/E in the case that $0.71 earnings per share is reported. After posting $0.97 EPS for the previous quarter, Carter’s, Inc.’s analysts now forecast -26.80 % negative EPS growth. The stock increased 0.34% or $0.29 during the last trading session, reaching $86.18. About 653,684 shares traded. Carter’s, Inc. (NYSE:CRI) has declined 16.63% since July 18, 2016 and is downtrending. It has underperformed by 33.33% the S&P500.

Carter’s, Inc. (NYSE:CRI) Ratings Coverage

Among 12 analysts covering Carter’s (NYSE:CRI), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. Carter’s had 20 analyst reports since August 31, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, September 16 by Piper Jaffray. The firm has “Market Perform” rating given on Wednesday, July 13 by Cowen & Co. The stock of Carter’s, Inc. (NYSE:CRI) earned “Outperform” rating by Wells Fargo on Thursday, October 22. The firm earned “Overweight” rating on Tuesday, February 14 by Piper Jaffray. The firm has “Outperform” rating given on Monday, January 4 by Oppenheimer. The firm has “Neutral” rating by Citigroup given on Thursday, December 17. FBR Capital maintained the shares of CRI in report on Friday, April 29 with “Outperform” rating. On Friday, October 28 the stock rating was maintained by Monness Crespi with “Buy”. Wells Fargo downgraded Carter’s, Inc. (NYSE:CRI) on Tuesday, September 27 to “Market Perform” rating. The firm has “Underperform” rating by CLSA given on Thursday, September 29.

Carter’s, Inc. is a marketer of apparel for babies and young children in the United States and Canada. The company has market cap of $4.15 billion. The Firm owns two brand names in the children’s apparel industry, Carter’s and OshKosh B’gosh (OshKosh). It has a 17.13 P/E ratio. The Firm operates through five divisions: Carter’s Retail, Carter’s Wholesale, OshKosh Retail, OshKosh Wholesale and International.

Another recent and important Carter’s, Inc. (NYSE:CRI) news was published by Businesswire.com which published an article titled: “Carter’s, Inc. Announces Participation at the Oppenheimer 17” on June 19, 2017.

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