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 0.7%. By the end of trading, Carter's rose 60 cents (1.2%) to $51.10 on average volume. Throughout the day, 858,551 shares of Carter's exchanged hands as compared to its average daily volume of 757,000 shares. The stock ranged in a price between $50.08-$51.73 after having opened the day at $50.39 as compared to the previous trading day's close of $50.50. Other companies within the Consumer Goods sector that increased today were: United-Guardian ( UG), up 18.2%, STR Holdings ( STRI), up 13.1%, Lifeway Foods ( LWAY), up 11.2%, and ATC Venture Group ( ATC), up 9.8%.

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 $2.99 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 26.3, 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 26.9% year to date as of the close of trading on Monday. Currently there are two analysts that rate Carter's a buy, no analysts rate it a sell, and four 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, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, Enova Systems ( ENA), down 36.4%, Summer Infant ( SUMR), down 33.5%, Tandy Brands Accessories ( TBAC), down 19.1%, and Champion Industries ( CHMP), down 15.7%, were all losers within the consumer goods sector with Johnson Controls ( JCI) being today's consumer goods sector loser.

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).
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