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CRI

Carter's NYSE:CRI Stock Report

Last Price

US$75.45

Market Cap

US$3.0b

7D

-8.8%

1Y

-25.5%

Updated

21 May, 2022

Data

Company Financials +
CRI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health4/6
Dividends2/6

CRI Stock Overview

Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Carter’s My First Love, little planet, and other brands in the United States and internationally.

Carter's Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Carter's
Historical stock prices
Current Share PriceUS$75.45
52 Week HighUS$111.17
52 Week LowUS$73.18
Beta1.28
1 Month Change-18.78%
3 Month Change-14.73%
1 Year Change-25.47%
3 Year Change-15.39%
5 Year Change-9.13%
Change since IPO512.17%

Recent News & Updates

Apr 05
Carter's (NYSE:CRI) Seems To Use Debt Rather Sparingly

Carter's (NYSE:CRI) Seems To Use Debt Rather Sparingly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

CRIUS LuxuryUS Market
7D-8.8%-5.1%-2.7%
1Y-25.5%-23.3%-12.9%

Return vs Industry: CRI underperformed the US Luxury industry which returned -23.3% over the past year.

Return vs Market: CRI underperformed the US Market which returned -12.9% over the past year.

Price Volatility

Is CRI's price volatile compared to industry and market?
CRI volatility
CRI Average Weekly Movement6.0%
Luxury Industry Average Movement7.5%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: CRI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: CRI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
186515,900Mike Caseyhttps://www.carters.com

Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Carter’s My First Love, little planet, and other brands in the United States and internationally. The company operates through three segments: U.S. Retail, U.S.

Carter's Fundamentals Summary

How do Carter's's earnings and revenue compare to its market cap?
CRI fundamental statistics
Market CapUS$3.04b
Earnings (TTM)US$317.48m
Revenue (TTM)US$3.48b

9.6x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CRI income statement (TTM)
RevenueUS$3.48b
Cost of RevenueUS$1.86b
Gross ProfitUS$1.63b
Other ExpensesUS$1.31b
EarningsUS$317.48m

Last Reported Earnings

Apr 02, 2022

Next Earnings Date

n/a

Earnings per share (EPS)7.88
Gross Margin46.70%
Net Profit Margin9.12%
Debt/Equity Ratio108.4%

How did CRI perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

28%

Payout Ratio

Valuation

Is Carter's undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: CRI ($75.45) is trading below our estimate of fair value ($193.04)

Significantly Below Fair Value: CRI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CRI is good value based on its PE Ratio (9.6x) compared to the US Luxury industry average (10.7x).

PE vs Market: CRI is good value based on its PE Ratio (9.6x) compared to the US market (15.3x).


Price to Earnings Growth Ratio

PEG Ratio: CRI is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: CRI is overvalued based on its PB Ratio (3.3x) compared to the US Luxury industry average (1.7x).


Future Growth

How is Carter's forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CRI's forecast earnings growth (9.4% per year) is above the savings rate (1.9%).

Earnings vs Market: CRI's earnings (9.4% per year) are forecast to grow slower than the US market (12.5% per year).

High Growth Earnings: CRI's earnings are forecast to grow, but not significantly.

Revenue vs Market: CRI's revenue (3.2% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: CRI's revenue (3.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CRI's Return on Equity is forecast to be high in 3 years time (37.5%)


Past Performance

How has Carter's performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-0.09%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CRI has high quality earnings.

Growing Profit Margin: CRI's current net profit margins (9.1%) are higher than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: CRI's earnings have declined by 0.09% per year over the past 5 years.

Accelerating Growth: CRI's earnings growth over the past year (17.2%) exceeds its 5-year average (-0.09% per year).

Earnings vs Industry: CRI earnings growth over the past year (17.2%) underperformed the Luxury industry 96.3%.


Return on Equity

High ROE: Whilst CRI's Return on Equity (35.12%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Carter's's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CRI's short term assets ($1.7B) exceed its short term liabilities ($1.0B).

Long Term Liabilities: CRI's short term assets ($1.7B) exceed its long term liabilities ($1.0B).


Debt to Equity History and Analysis

Debt Level: CRI's net debt to equity ratio (31.6%) is considered satisfactory.

Reducing Debt: CRI's debt to equity ratio has increased from 75.6% to 108.4% over the past 5 years.

Debt Coverage: CRI's debt is not well covered by operating cash flow (14.5%).

Interest Coverage: CRI's interest payments on its debt are well covered by EBIT (8.2x coverage).


Balance Sheet


Dividend

What is Carter's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.98%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CRI's dividend (3.98%) is higher than the bottom 25% of dividend payers in the US market (1.58%).

High Dividend: CRI's dividend (3.98%) is low compared to the top 25% of dividend payers in the US market (4.11%).


Stability and Growth of Payments

Stable Dividend: CRI has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CRI's dividend payments have increased, but the company has only paid a dividend for 9 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (28.5%), CRI's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (109.3%), CRI's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

Mike Casey (60 yo)

13.75yrs

Tenure

US$11,056,385

Compensation

Mr. Michael D. Casey, also known as Mike, has been the Chief Executive Officer of Carter's, Inc. since August 1, 2008 and served as its President from December 2009 to December 2012. Mr. Casey joined Carte...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD11.06M) is above average for companies of similar size in the US market ($USD6.86M).

Compensation vs Earnings: Mike's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: CRI's management team is seasoned and experienced (6.3 years average tenure).


Board Members

Experienced Board: CRI's board of directors are considered experienced (8.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Carter's, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Carter's, Inc.
  • Ticker: CRI
  • Exchange: NYSE
  • Founded: 1865
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: US$3.040b
  • Shares outstanding: 40.29m
  • Website: https://www.carters.com

Number of Employees


Location

  • Carter's, Inc.
  • Phipps Tower
  • Suite 1800
  • Atlanta
  • Georgia
  • 30326
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/21 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/04/02
Annual Earnings2022/01/01


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.