CRI Stock Summary and Trading Ideas (Carter's | NYSE:CRI)

Carter's Inc makes apparel for babies and children under brand names including Carter's and OshKosh B'gosh. It sells its products through a multi-channel business model, which includes retail stores, eCommerce, and wholesale sales channels, as well as retail omnichannel capabilities in the United States and Canada, which enables it to reach a broad range of consumers around the world. The company operates in three segments; U.S. Retail, U.S. Wholesale, and International. The majority of Carter's sales are in the U.S. and through Carter's brand. The company predominantly sources products through contract manufacturers in Asia. It has multiple distribution centers in the U.S., in addition to distribution centers in Canada and Asia that serve international customers.

Carter's trades on the NYSE stock market under the symbol CRI.

As of April 23, 2024, CRI stock price climbed to $73.86 with 748,253 million shares trading.

CRI has a beta of 1.14, meaning it tends to be more sensitive to market movements. CRI has a correlation of 0.22 to the broad based SPY ETF.

CRI has a market cap of $2.72 billion. This is considered a Mid Cap stock.

Last quarter Carter's reported $858 million in Revenue and $2.76 earnings per share. This fell short of revenue expectation by $-11 million and exceeded earnings estimates by $.13.

In the last 3 years, CRI stock traded as high as $116.92 and as low as $60.66.

The top ETF exchange traded funds that CRI belongs to (by Net Assets): VTI, IJH, VB, COWZ, SCHD.

CRI has underperformed the market in the last year with a price return of +7.8% while the SPY ETF gained +24.3%. CRI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.8% and -4.0%, respectively, while the SPY returned +4.9% and -2.5%, respectively.

CRI support price is $70.68 and resistance is $73.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRI stock will trade within this expected range on the day.