Today, the EVP & CFO of Carter’s (CRI), Richard Westenberger, sold shares of CRI for $608.8K.
See today’s analyst top recommended stocks >>
Based on Carter’s’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.09 billion and quarterly net profit of $130 million. In comparison, last year the company earned revenue of $1.03 billion and had a net profit of $135 million. CRI’s market cap is $4.45B and the company has a P/E ratio of 16.13. Currently, Carter’s has an average volume of 822.7K.
Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $110.67, reflecting a 11.0% upside.
Richard Westenberger’s trades have generated a -2.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Carter’s, Inc. engages in the marketing of apparel for babies and young children. It operates through the following segments: U.S. Retail, U.S. Wholesale, and International. The U.S. retail segment consists of sales of products in retail stores and e-commerce sites. The U.S. Wholesale segment includes sales of its products to wholesale accounts.
