NEW YORK (

TheStreet

) --

Carter's

(NYSE:

CRI

) hit a new 52-week high Thursday as it is currently trading at $33.78, above its previous 52-week high of $33.74 with 710,986 shares traded as of 10:11 a.m. ET. Average volume has been 747,000 shares over the past 30 days.

Carter's has a market cap of $1.9 billion and is part of the

consumer goods

sector and

consumer non-durables

industry. Shares are up 9.9% year to date as of the close of trading on Wednesday.

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. The company has a P/E ratio of 14.4, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Carter's as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full

Carter's Ratings Report

.

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