Buy Rating Was Issued By Broker For Carter’s Inc (NYSE:CRI)

September 17, 2017 - By Louis Casey

 Buy Rating Was Issued By Broker For Carter's Inc (NYSE:CRI)

Investors sentiment decreased to 0.76 in Q4 2016. Its down 0.28, from 1.04 in 2016Q3. It fall, 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.

Huntington Bancshares accumulated 4,274 shares or 0.01% of the stock. Tyvor Cap Limited Liability Corp holds 1.54% or 43,950 shares in its portfolio. Peak6 L P holds 5,987 shares or 0% of its portfolio. Intl Gp Incorporated accumulated 95,001 shares. Mai Capital Mngmt reported 0.05% in Carter’s, Inc. (NYSE:CRI). 4,003 were reported by Teacher Retirement Of Texas. Epoch Inc holds 0.1% in Carter’s, Inc. (NYSE:CRI) or 302,234 shares. Benjamin F Edwards And has invested 0.01% of its portfolio in Carter’s, Inc. (NYSE:CRI). Harris Assocs Ltd Partnership has invested 0.14% in Carter’s, Inc. (NYSE:CRI). Bb&T invested 0.01% in Carter’s, Inc. (NYSE:CRI). Moreover, Deutsche Bankshares Ag has 0.01% invested in Carter’s, Inc. (NYSE:CRI). Quantitative Systematic Strategies Ltd Com holds 8,055 shares. Ubs Asset Mngmt Americas invested in 0% or 27,346 shares. Landscape Capital Llc accumulated 95,539 shares or 1.13% of the stock. Jefferies Grp Inc Ltd Liability Corporation holds 0% or 7,676 shares in its portfolio.

How Bank of America (Merrill Lynch) Currently Rates Carter’s Inc (NYSE:CRI)

Investment firm Bank of America (Merrill Lynch) has has started coverage on Carter’s Inc (NYSE:CRI)‘s stock, rating it Buy. This was issued in a note on Friday morning.

Investors sentiment decreased to 0.76 in Q4 2016. Its down 0.28, from 1.04 in 2016Q3. It fall, 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.

Huntington Bancshares accumulated 4,274 shares or 0.01% of the stock. Tyvor Cap Limited Liability Corp holds 1.54% or 43,950 shares in its portfolio. Peak6 L P holds 5,987 shares or 0% of its portfolio. Intl Gp Incorporated accumulated 95,001 shares. Mai Capital Mngmt reported 0.05% in Carter’s, Inc. (NYSE:CRI). 4,003 were reported by Teacher Retirement Of Texas. Epoch Inc holds 0.1% in Carter’s, Inc. (NYSE:CRI) or 302,234 shares. Benjamin F Edwards And has invested 0.01% of its portfolio in Carter’s, Inc. (NYSE:CRI). Harris Assocs Ltd Partnership has invested 0.14% in Carter’s, Inc. (NYSE:CRI). Bb&T invested 0.01% in Carter’s, Inc. (NYSE:CRI). Moreover, Deutsche Bankshares Ag has 0.01% invested in Carter’s, Inc. (NYSE:CRI). Quantitative Systematic Strategies Ltd Com holds 8,055 shares. Ubs Asset Mngmt Americas invested in 0% or 27,346 shares. Landscape Capital Llc accumulated 95,539 shares or 1.13% of the stock. Jefferies Grp Inc Ltd Liability Corporation holds 0% or 7,676 shares in its portfolio.

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

Among 14 analysts covering Carter’s (NYSE:CRI), 9 have Buy rating, 1 Sell and 4 Hold. Therefore 64% are positive. Carter’s has $115 highest and $84 lowest target. $102.91’s average target is 11.29% above currents $92.47 stock price. Carter’s had 25 analyst reports since August 31, 2015 according to SRatingsIntel. Oppenheimer maintained it with “Buy” rating and $10500 target in Thursday, July 27 report. Oppenheimer upgraded Carter’s, Inc. (NYSE:CRI) rating on Monday, January 4. Oppenheimer has “Outperform” rating and $108 target. The firm earned “Neutral” rating on Wednesday, September 16 by Piper Jaffray. The stock of Carter’s, Inc. (NYSE:CRI) earned “Buy” rating by FBR Capital on Friday, June 16. The stock of Carter’s, Inc. (NYSE:CRI) earned “Hold” rating by Cowen & Co on Thursday, July 27. The firm has “Outperform” rating given on Thursday, October 22 by Wells Fargo. As per Thursday, December 17, the company rating was downgraded by Citigroup. The firm earned “Buy” rating on Monday, December 19 by Citigroup. The firm has “Overweight” rating by PiperJaffray given on Tuesday, February 14. The rating was upgraded by Piper Jaffray on Tuesday, February 14 to “Overweight”.

The stock increased 0.73% or $0.67 on September 15, reaching $92.47. About 629,246 shares traded or 26.13% up from the average. Carter’s, Inc. (NYSE:CRI) has declined 16.63% since September 17, 2016 and is downtrending. It has underperformed by 33.33% the S&P500.

Analysts await Carter’s, Inc. (NYSE:CRI) to report earnings on October, 26. They expect $1.65 earnings per share, up 2.48 % or $0.04 from last year’s $1.61 per share. CRI’s profit will be $78.87M for 14.01 P/E if the $1.65 EPS becomes a reality. After $0.79 actual earnings per share reported by Carter’s, Inc. for the previous quarter, Wall Street now forecasts 108.86 % EPS growth.

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 $4.42 billion. The Firm owns two brand names in the children’s apparel industry, Carter’s and OshKosh B’gosh (OshKosh). It has a 18.19 P/E ratio. The Firm operates through five divisions: Carter’s Retail, Carter’s Wholesale, OshKosh Retail, OshKosh Wholesale and International.

More recent Carter’s, Inc. (NYSE:CRI) news were published by: Seekingalpha.com which released: “Carter’s: Ready For Further Appreciation” on September 06, 2017. Also Nasdaq.com published the news titled: “Does Carter’s, Inc. (CRI) Make for a Suitable Value Pick Now?” on August 28, 2017. Nasdaq.com‘s news article titled: “Carter’s, Inc. (CRI) Ex-Dividend Date Scheduled for August 25, 2017” with publication date: August 24, 2017 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.