Carter's Reaches New 52-Week High (CRI)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Carter's (NYSE: CRI) hit a new 52-week high Wednesday as it is currently trading at $58.87, above its previous 52-week high of $58.81 with 109,376 shares traded as of 10:35 a.m. ET. Average volume has been 686,100 shares over the past 30 days.

Carter's has a market cap of $3.44 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 5.1% year to date as of the close of trading on Tuesday.

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 23.6, above 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, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, reasonable valuation levels and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Carter's Ratings Report.

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