Carter's Stock Hits 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 Friday as it is currently trading at $74.01, above its previous 52-week high of $74 with 45,856 shares traded as of 10:50 a.m. ET. Average volume has been 799,400 shares over the past 30 days.

Carter's has a market cap of $4.32 billion and is part of the consumer goods sector and consumer non-durables industry. Shares are up 32% year to date as of the close of trading on Thursday.

Carter’s, Inc., together with its subsidiaries, designs, sources, and markets branded children’s wear. The company provides its products under the Carter’s, Child of Mine, Just One You, Precious Firsts, OshKosh, and other brands. The company has a P/E ratio of 25.6, 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 solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Carter's Ratings Report.

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