Carter's Inc. (CRI): Today's Featured Consumer Goods Winner

Carter's (CRI) pushed the Consumer Goods sector higher today making it today's featured consumer goods winner. The sector as a whole closed the day down 0.5%. By the end of trading, Carter's rose 44 cents (0.8%) to $54.70 on average volume. Throughout the day, 650,419 shares of Carter's exchanged hands as compared to its average daily volume of 840,800 shares. The stock ranged in a price between $54.31-$55.37 after having opened the day at $54.31 as compared to the previous trading day's close of $54.26. Other companies within the Consumer Goods sector that increased today were: Central European Distribution (CEDC), up 34.3%, Primo Water (PRMW), up 15.4%, Coldwater Creek (CWTR), up 12.4%, and Quantum Fuel Systems Technologies Worldwide (QTWW), up 11%.

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Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded children's wear. The company provides products under the Carter's, Child of Mine, Just One You, Precious Firsts, OshKosh, and related brand names. Carter's has a market cap of $3.27 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 28.7, equal to the average consumer non-durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 39.3% year to date as of the close of trading on Friday. Currently there are two analysts that rate Carter's a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Carter's as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

• You can view the full Carter's Ratings Report.

On the negative front, Champion Industries (CHMP), down 14.7%, Cereplast (CERP), down 13.2%, Enova Systems (ENA), down 12.3%, and China Marine Food Group (CMFO), down 11.4%, were all losers within the consumer goods sector with Estee Lauder Cos (EL) being today's consumer goods sector loser.

• Use our consumer goods section to find sector-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods (IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods (SZK).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Carter's Inc. click any of the following:

• Carter's Inc. Stock Price

• Carter's Inc. Analyst Ratings

• Carter's Inc. Key Stats & Profile

• Carter's Inc. Earnings

• Carter's Inc. Ratio Comparison

• Carter's Inc. Growth Rates

• Carter's Inc. Balance Sheet

• Carter's Inc. Cash Flow

• Carter's Inc. Income Statement