Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Carter's ( CRI) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Carter's as such a stock due to the following factors:

  • CRI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $115.6 million.
  • CRI has traded 8,064 shares today.
  • CRI is trading at a new lifetime high.

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More details on CRI:

Carter's, Inc. and its subsidiaries design, source, and market branded children's wear under the Carter's, Child of Mine, Just One You, Precious Firsts, OshKosh, and other brands. The stock currently has a dividend yield of 1%. CRI has a PE ratio of 24.5. Currently there are 4 analysts that rate Carter's a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Carter's has been 578,400 shares per day over the past 30 days. Carter's has a market cap of $4.7 billion and is part of the consumer goods sector and consumer non-durables industry. The stock has a beta of 0.48 and a short float of 4% with 1.29 days to cover. Shares are up 3.4% year-to-date as of the close of trading on Monday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreetRatings.com Analysis:

TheStreet Quant 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 notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

Highlights from the ratings report include:
  • Compared to where it was a year ago today, the stock is now trading at a higher level, reflecting both the market's overall trend during that period and the fact that the company's earnings growth has been robust. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • CARTER'S INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, CARTER'S INC increased its bottom line by earning $3.63 versus $2.77 in the prior year. This year, the market expects an improvement in earnings ($4.50 versus $3.63).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Textiles, Apparel & Luxury Goods industry. The net income increased by 60.5% when compared to the same quarter one year prior, rising from $42.75 million to $68.59 million.
  • Despite its growing revenue, the company underperformed as compared with the industry average of 17.4%. Since the same quarter one year prior, revenues rose by 12.8%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. When compared to other companies in the Textiles, Apparel & Luxury Goods industry and the overall market, CARTER'S INC's return on equity exceeds that of the industry average and significantly exceeds that of the S&P 500.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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